FilingReader Intelligence
Sunac China reports RMB27.4bn loss for 2024
March 29, 2025 at 05:43 AM UTC•By FilingReader AI
Sunac China Holdings (HKEX:1918) announced audited results for the year ended December 31, 2024, revealing a net loss of RMB27.4 billion. Revenue for the year fell to RMB74.02 billion, a 52% decrease compared to RMB154.23 billion in 2023, attributed to a downturn in property sales. Gross profit, however, improved to RMB2.89 billion, compared to a RMB2.50 billion gross loss in the previous year.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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