Vantone Neo Development (SHA:600246) incurred a loss attributable to shareholders of 79.1 million yuan or 0.04 yuan per share in the first half of the year, according to an Aug. 31 disclosure on the Shanghai Stock Exchange.
The Chinese real estate developer's loss narrowed from 96.5 million yuan or 0.05 yuan per share a year earlier.
The company earned an operating income worth 235.2 million yuan, slipping 7.9% from 255.3 million yuan in the previous year, the company's earnings report said.
Shares of the company dropped more than 2% at the close.
Price (RMB): ¥6.19, Change: ¥-0.14, Percent Change: -2.21%
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