Xinming China Holdings Limited (HK:2699) has released an update.
Xinming China Holdings Limited reported a significant downturn for the year ended December 31, 2022, with revenue dropping by 65.4% and gross profit by 74.2% from the previous year. The company faced a substantial loss of approximately RMB2,250.4 million and has decided not to issue a final dividend for 2022.
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