Brief: Shimao Group Says Board Did Not Recommend Payment Of Any Final Dividend For Year

Shimao group

28/03/2024 10:30

March 28 (Reuters) - Shimao Group Holdings Ltd
 0813.HK :
    * BOARD DID NOT RECOMMEND PAYMENT OF ANY FINAL DIVIDEND FOR
YEAR
    * CONTRACTED SALES IN 2023 WAS RMB42.822 BILLION
    * REVENUE FOR YEAR RMB59.464 BILLION, DECLINE OF
APPROXIMATELY
5.7%
    * FY LOSS FROM CORE BUSINESS ATTRIBUTABLE TO SHAREHOLDERS
WAS
APPROXIMATELY RMB14.508 BILLION.
    * AS AT 31 DEC, LIABILITIES TO ASSETS RATIO AFTER EXCLUDING
RECEIPTS IN ADVANCE WAS ABOUT 88.7%
    * WILL CONTINUOUSLY FOCUS ON ACCELERATION OF SALES AND
DELIVERY OF
ITS EXISTING INVENTORY OF PROPERTIES
    * ACTIVELY NEGOTIATING WITH OTHER ONSHORE LENDERS AND
CREDITORS ON
EXTENSION OF BORROWINGS

Further company coverage:  0813.HK 

 ((Reuters.Briefs@thomsonreuters.com;))