According to the Zhitong Finance App, Ruiwei Asset Management (01835) announced the results for the year ended December 31, 2023. The Group confirmed revenue of about RMB 17.9 million, a year-on-year decrease of about 51.4%; net loss of approximately RMB 57.9 million, an increase of about 67.4% year on year; loss per share was approximately RMB 37.00 points.
According to the announcement, the decrease in earnings was mainly due to a decrease in fund management fee income and consulting fee income.