YIDA CHINA (03639) announces a net loss of 1.695 billion yuan for the year 2024, representing a 130.07% increase compared to the previous year.

YIDA CHINA (03639) released its annual results for the year ending December 31, 2024. The group achieved revenue of 2.787 billion yuan, a decrease of 28.48% year-on-year. The company's owners suffered a loss of 2.335 billion yuan, an increase of 37.75% year-on-year. The loss per share was 90.37 cents. Throughout the year, facing various challenges, the group overcame difficulties and made progress in debt restructuring, revitalizing land assets, and government support for the completion of construction projects. The company's operations remained stable and risks were under control.