Sunshine 100 China (02608) announced its 2023 annual results, with revenue of 2.02 billion yuan (RMB,...
According to the Zhitong Finance App, Sunshine 100 China (02608) announced annual results for 2023, with revenue of 2.102 billion yuan (RMB, same below), a year-on-year decrease of 10.8%; gross profit of 395 million yuan, a decrease of 13.3%; annual loss of 3.186 billion yuan, a year-on-year decrease of 4%; the company's equity shareholders should account for losses of 2,996 billion yuan, a decrease of 5.62% year on year; loss of 1.17 yuan per share. The contract sales amount was 581 million yuan, a year-on-year decrease of 51.8%. As of December 31, 2023, the total construction area of the land reserve was approximately 6.4 million square meters.
According to reports, the decrease in losses is mainly due to the company's continued strengthening of cost control, the continuous decline in sales expenses and management expenses compared to last year, and the reduction in impairment losses on preparations for falling inventory prices, accounts receivable and other accounts receivable, and loans provided to third parties compared to last year.