Cedar Development Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 758.18 million compared to CNY 1,706.8 million a year ago. Net loss was CNY 10.63 million compared to CNY 348.89 million a year ago.

Basic loss per share from continuing operations was CNY 0.0195 compared to CNY 0.6413 a year ago. Diluted loss per share from continuing operations was CNY 0.0195 compared to CNY 0.6413 a year ago.