Vanke 2023 Revenue Decline

Vanke 2023 Revenue Decline

HANGZHOU, CHINA - MARCH 31, 2024 - Construction workers are working at a property under construction by China Vanke in Hangzhou city, Zhejiang province, China, March 31, 2024. Vanke's 2023 annual report shows that Vanke canceled its 2023 dividend, which is the first time since Vanke went public in 1991 to cancel its annual dividend. According to Vanke's 2023 annual report, the company achieved 465.74 billion yuan in operating income, down 7.56% year-on-year; Net profit returned to the mother was 12.16 billion yuan, down 46.39 percent year-on-year. By the end of 2023, Vanke had total liabilities of 1.1 trillion yuan and interest-bearing liabilities of 320.05 billion yuan.

  • Product Code
  • ILEA002511696
  • Registered date
  • 2024/3/31 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
  • Media size
  • 4678 × 3049 pixel
  • Resolution
  • 350 dpi
  • Deployment size
  • 3.25(MB)*
  • Special instruction
  • No Use in China
    **The text may be generated by an automatic translation system**

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