Seazen Holdings (SHA:601155) posted 2024 net profit attributable to shareholders of 752.4 million yuan, up 2.1% from 737.1 million yuan the previous year.
Earnings per share remained largely flat at 0.33 yuan, according to a filing with the Shanghai bourse.
The property developer's revenue declined 25% year over year to 89.0 billion yuan from 119.2 billion yuan.
Shares of the company closed 1% lower Tuesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.