---
title: "ZENSUN ENT announced its 2024 performance, with a loss attributable to owners of approximately 2.182 billion yuan, a year-on-year decrease of about 5.1%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233672312.md"
description: "ZENSUN ENT announced its 2024 performance, with revenue of approximately 9.542 billion yuan, a year-on-year decrease of 52.4%. The loss attributable to shareholders was approximately 2.182 billion yuan, a year-on-year decrease of 5.1%. The basic loss per share was approximately 1.14 yuan. The decrease in revenue was mainly due to a reduction in the area of properties delivered for sale/lease, and the decline in gross profit was affected by the macroeconomic downturn and weakened real estate demand, leading to increased construction costs and pressure on selling prices"
datetime: "2025-03-28T16:45:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233672312.md)
  - [en](https://longbridge.com/en/news/233672312.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233672312.md)
---

# ZENSUN ENT announced its 2024 performance, with a loss attributable to owners of approximately 2.182 billion yuan, a year-on-year decrease of about 5.1%

According to the Zhengtong Finance APP, ZENSUN ENT (00185) announced its 2024 performance, with revenue of approximately RMB 9.542 billion, a year-on-year decrease of about 52.4%. The loss attributable to the company's owners was approximately RMB 2.182 billion, a year-on-year decrease of about 5.1%. The basic loss per share was approximately 114.0 cents.

The announcement stated that the decrease in revenue was mainly due to the reduced saleable/rental floor area of completed property development projects delivered by the group this year compared to 2023. The gross profit for this year decreased compared to 2023 due to the reduced area delivered and the recognition of several lower-margin property projects. This was caused by unexpectedly high construction costs and pressure on selling prices amid a macroeconomic downturn and a continued weakening of demand for real estate, leading to a decline in public purchasing willingness and purchasing power

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