Zhitong Financial APP News, Xiwang Real Estate (02088) released its results for the six months ended June 30, 2023, with a turnover of 10.312 million yuan (RMB, the same below), down 56% from the same period last year; a net loss of 1.923 million yuan, narrowed by 40.9% compared with the same period last year; and a basic loss of 0.1% per share.
The group's income for the six months ended June 30, 2023 is mainly from trade in building materials in China. Geographically, Shandong Province is still the main market of the Group, and all the income of the Group during the period comes from Shandong Province.