Regarding the fact that the company has not paid dividends for 12 years in a row, Century Xingyuan Dong Mi Luo said in an interview with a reporter from Securities Daily that the company's net profit in recent years is negative and its undistributed profit is also negative. The company's losses have not been made up, so it can't pay dividends according to regulations.

Since its listing, Century Star has suffered frequent losses.

Century Xingyuan is mainly engaged in real estate. Under the deep control of the real estate industry, the company achieved an operating income of 99,426,5438+0.2 million yuan in 2065,438+02, an increase of 56.48% over the same period of last year, and the total operating cost was 65,438+0,324,35438+0.00 yuan, an increase of 4.5% over the same period of last year.

As a last resort, Century Star can only continue to sell assets. However, according to public information, except for the "Sun Star City" project in Changsha, the Shenzhen Development Center Building and Golden Bay Resort Hotel managed by Shenzhen East Coast Industrial Development Co., Ltd., Century Star Source does not have many assets for sale.

China Investment, as the major shareholder of the company, took almost all of its shares as loan collateral in order to alleviate the financial pressure.

The performance of Century Xingyuan 20 13 may continue to lose money. The third quarterly report shows that in the first three quarters of 20 13, the operating income of Century Xingyuan was 32.0256 million yuan, down 30.62% year-on-year; The net profit loss was 29 million yuan.

According to the performance forecast of Century Star Source 20 13, the company expects the net profit of 20 13 to be-65 million yuan to-45 million yuan, with a decrease of 395. 16% to 304.34%, and the basic earnings per share is-0.07/kloc-0. The fluctuation range is from -304. 17% to -395.83%.

The company said that the reason for the loss was that the implementer of the old reform project of Nanyou had not been established during the reporting period, and the 200 million yuan received in advance could not be settled as non-recurring income as compensation for demolition.