According to the Zhitong Finance App, Tianping Daohe (08403) announced its 2023 results, with revenue of about 117 million yuan, a year-on-year decrease of about 33.70 million yuan; net loss of 16.918 million yuan, a year-on-year narrowing of 53.59%; loss per share of 14.1 points.

According to the announcement, the reduction in losses was mainly due to a reduction in net anticipated credit loss provisions for trade and other accounts receivable and contract assets.