According to the Zhitong Finance App, Shenyang Public Development Co., Ltd. (00747) announced results for the year ended December 31, 2023. The group obtained revenue of RMB 1.498 million (same unit), a year-on-year decrease of 94.91%; losses attributable to company owners amounted to 137 million yuan, an increase of 86.56% over the previous year; and a basic loss of 9.33 points per share.
According to the announcement, the decline in earnings was mainly due to the decline in revenue generated by infrastructure construction and property development in China.