Vanke waited for God's assist
A tough battle.
Vanke Q1's revenue was 61.59 billion yuan, with a net loss of 362 million yuan, turning a year-on-year loss | Financial News
Vanke's revenue for the first quarter was 61.59 billion yuan, down 10% year on year. Among them, real estate development business contract sales amount was 57.98 billion yuan, down 42.8% year on year.
“Real Estate Brother” returns to 100 billion dollars in market value
Boosts confidence.
Yu Liang stated “I will never lie flat”
Author | Cao Anxun After the credit crisis in the real estate industry spread to mixed-ownership housing enterprises, proving safety and reshaping the confidence of investors and creditors became the top priority of Vanke's 2023 results conference. On the morning of March 29, regarding the question of whether Vanke is confident of “surviving”, which the outside world is highly concerned about, Yu Liang, chairman of Vanke's board of directors, confessed at the 2023 performance conference that although Vanke proposed “surviving” a long time ago, the consideration was not comprehensive enough. Under changes in the market, the robust standards in the past may not fully guarantee the safety of the company, so it is necessary to strengthen bottom-line thinking and make more thorough preparations. Yu Liang said
Vanke Zhu Jiusheng: Financial institutions are Vanke's allies
Face the storm.
Vanke will cut its debt by 100 billion dollars in the next two years
Author | Editor Cao Anxun | Zhou Zhiyu handed over a steady financial report shortly after helping Vanke get out of the shorting crisis at the Shenzhen Railway platform, the majority shareholder of state-owned assets, and proved his safety with financial data. On March 28, Vanke released its 2023 financial report. Financial reports show that in 2023, Vanke achieved operating income of 465.74 billion yuan and net profit of 12.16 billion yuan to mother. Revenue and net profit remain at the top of the industry. In the financial report, Vanke also proposed a number of specific measures for how to overcome the current storm that the market is most concerned about. Vanke said it will maintain positive cash flow at the operating level