Times China Holdings (01233) announced results for the year ended December 31, 2023, with revenue of RMB 21...
According to the Zhitong Finance App, Times China Holdings (01233) announced annual results for the year ended December 31, 2023, with revenue of RMB 21.01 billion (same unit), a year-on-year decrease of 14.0%; core net loss attributable to shareholders of RMB 4.603 billion, a year-on-year decrease of 53.1%; annual contract sales of RMB 14.346 billion, a year-on-year decrease of 63.9%; the average contract sales price was RMB 15,862 per square meter, a year-on-year decrease of 1.5%;
According to the announcement, the decrease in revenue was mainly due to a decrease in the average sales price of delivered properties compared to 2022.