Shimao group's subsidiary, Shimao Shanghai Co., Ltd., announced its unaudited financial performance for the nine months ended September 30, 2024 on October 31 of the same year. The report shows that Shanghai Shimao's revenue during this period was approximately 39.871 billion yuan, a growth from the 33.943 billion yuan in the same period last year. However, the company incurred an operating loss of approximately 9.346 billion yuan, resulting in a net loss of around 16.507 billion yuan, a decrease from the net loss of about 24.683 billion yuan in the same period last year. Basic and diluted losses per share were both 0.75 yuan. As of September 30, 2024, Shanghai Shimao's total assets were 105.399 billion yuan, a decrease of about 17.218 billion yuan from the end of last year...Show More

Shimao group's subsidiary, Shimao Shanghai Co., Ltd., announced its unaudited financial performance for the nine months ended September 30, 2024 on October 31 of the same year. The report shows that Shanghai Shimao's revenue during this period was approximately 39.871 billion yuan, a growth from the 33.943 billion yuan in the same period last year. However, the company incurred an operating loss of approximately 9.346 billion yuan, resulting in a net loss of around 16.507 billion yuan, a decrease from the net loss of about 24.683 billion yuan in the same period last year. Basic and diluted losses per share were both 0.75 yuan. As of September 30, 2024, Shanghai Shimao's total assets were 105.399 billion yuan, a decrease of about 17.218 billion yuan from the end of last year. The financial report indicates that Shanghai Shimao's current liabilities and non-current liabilities were 61.232 billion yuan and 30.576 billion yuan respectively. Shareholders should note that this financial information only reflects the situation of Shanghai Shimao and not the overall performance of the Shimao group. Detailed financial data has been published on the National Equities Exchange and Quotations website.