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Vanke 2023 Revenue Decline
Construction workers are working on a property under construction by China Vanke in Hangzhou, China, on March 31, 2024. Vanke's 2023 annual report revealed that the company canceled its 2023 dividend for the first time since going public in 1991. The report also stated that Vanke's operating income for 2023 was 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 46.39% decline. As of the end of 2023, Vanke's total liabilities reached 1.1 trillion yuan, with interest-bearing liabilities amounting to 320.05 billion yuan. (Photo by Costfoto/NurPhoto)
Photo Details
| Photo ID | #11110341 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Costfoto/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2025 NurPhoto - Costfoto/NurPhoto |
Related Keywords
VANKE
revenue
construct
building
Hangzhou
China
March 31
2024
Construction workers
Property construction
China Vanke
Hangzhou city
Zhejiang province
2023 annual report
Dividend cancellation
Public company
1991
Operating income
Year-on-year decline
Net profit
Total liabilities
Interest-bearing liabilities
465.74 billion yuan
12.16 billion yuan
1.1 trillion yuan
320.05 billion yuan
Real estate
Financial performance
Shareholders
Economic downturn
Market challenges
Corporate finance
Construction industry
Business strategy
Fiscal policy
Costfoto
NurPhoto.
2025 NurPhoto. All rights reserved.
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