Powerlong Real Estate Holdings Limited reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 22,903.85 million compared to CNY 31,377.86 million a year ago. Net loss was CNY 2,593.93 million compared to net income of CNY 445.75 million a year ago.

Basic loss per share from continuing operations was CNY 0.641 compared to basic earnings per share from continuing operations of CNY 0.099 a year ago. Diluted loss per share from continuing operations was CNY 0.641 compared to diluted earnings per share from continuing operations of CNY 0.099 a year ago.