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Shimao Group Loss
A building of Shimao Group, which has been unfinished for more than two years, in Nanjing, China, on September 18, 2024. On September 18, 2024, China Real Estate Information Group (CRIC) releases data showing that the revenue and profit scale of the typical 50 housing enterprises it monitors fall in the first half of the year. The operating income is 1,457.2 billion yuan, down 13% year-on-year; gross profit is 161.5 billion yuan, down 34% year-on-year; net profit loss is 37.3 billion yuan, and the loss of net profit attributable to the mother increases to 47.9 billion yuan. Among them, Shimao Group's net profit loss is the most serious, with a loss of 24.2 billion yuan in the first half. (Photo by Costfoto/NurPhoto)
Photo Details
| Photo ID | #11583650 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Costfoto/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Costfoto/NurPhoto |
Related Keywords
China
CHN
real estate
invest
Nanjing
China
Shimao Group
unfinished building
Jiangsu Province
China Real Estate Information Group
CRIC
revenue
profit scale
housing enterprises
operating income
1
457.2 billion yuan
down 13%
year-on-year
gross profit
161.5 billion yuan
down 34%
net profit loss
37.3 billion yuan
net profit attributable to the mother
increased
47.9 billion yuan
Shimao Group's net profit loss
serious
24.2 billion yuan
first half
2024
real estate
data release
monitored
Costfoto
NurPhoto.
2026 NurPhoto. All rights reserved.
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