
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%

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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
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