Zhitong Financial APP News, Jiande International Holdings (00865) issued a 2021 results announcement, the reporting period income of about 106 million yuan, down 78% from the same period last year. The profit attributable to the owners of the company for the year was 11.121 million yuan, down 88.75% from the same period last year, or 0.19 cents per share.
It is reported that the 78% drop in revenue is mainly due to the decrease in the number of properties available for sale and delivery to customers due to the new property development projects developed by the Group on the land acquired since July 2019, which are still under construction during the reporting period.