According to the Zhitong Finance App, Tianyu Real Estate (00059) announced results for the year ended December 31, 2024. The group achieved revenue of 129 million yuan (RMB, same below) during the period, an increase of 53.93% over the previous year; losses attributable to shareholders were 4.756 billion yuan, an increase of 36.3% over the previous year; and a basic loss of 0.563 yuan per share.

According to the announcement, the increase in revenue was mainly due to increased revenue from property management services.

Furthermore, trading of the company's shares continues to be suspended.

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