Finance｜Chinese Real Estate’s profits plummet 93%

Chinese Real Estate (00127) announced its annual results as of the end of last year. The profit attributable to shareholders was 76.832 million yuan, a sharp drop of 93.33% year-on-year. The profit per share was 0.04 yuan, and no dividend was paid. During the period, revenue…

Chinese Real Estate's profits fell sharply last year

According to the latest released data, Chinese Real Estate's profits last year experienced an alarming decline, with a year-on-year decrease of 93.33%. The news shocked investors and sparked concern in the market.

Profit attributable to shareholders was only 76.832 million yuan

Chinese Land's profit attributable to shareholders last year was only 76.832 million yuan, a significant decrease compared with the previous year. What difficulties did the company encounter over the past year that led to such a sharp decline in earnings?

Earnings per share are only 0.04 yuan

It is worth noting that Chinese Land's earnings per share last year was only 0.04 yuan, a figure that disappointed investors. How the company will respond to declining profits in the future deserves further attention from the market.

Non-payment of dividends has become a major reason for the decline in profits

In addition, Chinese Land decided not to pay dividends last year, which also became a major reason for the decline in profits. Whether there are any problems in the company's business strategy require further review and adjustment.

The market’s outlook on the future of Chinese real estate

Faced with the current situation of sharp decline in profits, what is the market’s outlook for the future of Chinese Real Estate? How will investors respond to this situation? These issues deserve our attention and thinking.