According to the Zhitong Finance App, Beijing Beichen Industrial Co., Ltd. (00588) announced results for the year ended December 31, 2023, with revenue of about 15.751 billion yuan (RMB, same below), up 21.27% year on year; profit attributable to the company's common shareholders of 140 million yuan, turning a year-on-year loss into a profit; earnings per share 4.17 points; and proposed to pay a final dividend of 0.02 yuan per share.

In 2023, the company's profit before tax and profit attributable to common shareholders were 1,076 million yuan and 140 million yuan, both of which turned a loss into a profit. The core operating performance of the company's main business after tax (excluding losses due to changes in fair value) was 269 million yuan, an increase of 120.17% over the previous year.

Among them, the real estate development sector was affected by the increase in settlement area. During the reporting period, it achieved operating income of 12.905 billion yuan (including parking spaces), an increase of 17.70% over the previous year; profit before tax was 589 million yuan, which turned a loss into a profit, an increase of 1,197 billion yuan over the previous year. The exhibition (including hotels) and commercial property sector achieved operating income of 2,649 million yuan during the reporting period, an increase of 40.78% over the previous year. Profit before tax was about 470 million yuan, turning a loss into a profit, an increase of 565 million yuan over the previous year. The loss on changes in the fair value of investment real estate during the reporting period (before tax) was 181 million yuan.