Vanke 2023 Revenue Decline

A construction worker is walking past a building that is currently under construction by China Vanke in Hangzhou, China, on March 31, 2024. Vanke's 2023 annual report indicates that the company has canceled its 2023 dividend for the first time since it went public in 1991. The report also states that Vanke achieved an operating income of 465.74 billion yuan, a decrease of 7.56% from the previous year, and the net profit attributable to the parent company was 12.16 billion yuan, a decline of 46.39% year-on-year. As of the end of 2023, Vanke's total liabilities amounted to 1.1 trillion yuan, with interest-bearing liabilities at 320.05 billion yuan. (Photo by Costfoto/NurPhoto)

• Product Code
• ILEA002512730

• Registered date
• 2024/3/31 00:00:00

• Credit
• NurPhoto / Kyodo News Images

• Media source
• Costfoto/NurPhoto

• Media size
• 5714 × 3802 pixel

• Resolution
• 350 dpi

• Deployment size
• 3.00(MB)*

• Special instruction
• NO USE CHINA
  

*File size when opened in Photoshop, etc.