Zhitong Financial APP News, Yatai Group (600881.SH) released its semi-annual report for 2023. During the reporting period, the company realized operating income of 4.704 billion yuan, a decrease of 33.78% compared with the same period last year. The net loss of shareholders belonging to listed companies was 867 million yuan, which was enlarged compared with the same period last year. The net loss of non-recurrent profit and loss belonging to shareholders of listed companies was 875 million yuan, and the basic loss per share was 0.27 yuan per share.
During the reporting period, domestic infrastructure investment slowed down, residents' willingness to buy houses decreased, real estate construction was understarted, and the cement and real estate markets remained depressed. Under the influence of the market, the price of the company's building materials products fell sharply, and the commercial housing sales of real estate enterprises continued to be under pressure, resulting in a decline in business income and profits of the company's main business.