Gelonghui, March 26, 丨 Xinda Investment Holdings (01281.HK) announced that for the year ended December 31, 2023, revenue was approximately RMB 114 million, a year-on-year decrease of 41.6%; loss attributable to company owners was approximately RMB 18.179 million; loss attributable to company owners during the same period last year was approximately RMB 306 million; basic loss per share was RMB 0.0122 million.
According to the announcement, the decline in earnings compared to the same period last year was mainly due to a decrease in investment in public construction projects due to the impact of the domestic real estate situation; gross margin decreased compared to the same period last year, mainly due to a decline in gross profit in the public construction business.