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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)
Photo Details
| Photo ID | #11110339 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Costfoto/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Costfoto/NurPhoto |
Related Keywords
VANKE
revenue
construct
building
Hangzhou
China
March 31
2024
Construction worker
Building under construction
China Vanke
Hangzhou city
Zhejiang province
2023 annual report
Dividend cancellation
Public company
Operating income
Net profit
Year-on-year decline
Total liabilities
Interest-bearing liabilities
Costfoto
NurPhoto
Real estate development
Chinese housing market
Economic indicators
Financial performance
Shareholder payout
Corporate finance
Construction industry
Market trends
Business strategy
Fiscal management
Investment risk
Revenue decrease
Profit downturn
Debt levels
Financial health
Economic impact.
2026 NurPhoto. All rights reserved.
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