Property News · January 10, 2024

China Evergrande rejects claims it was never profitable in report centred on changes to its accounting method


China Evergrande stood by its audited accounts after changes to its revenue recognition methodology from 2021 prompted analysts at GMT Research to say the firm was ‘never profitable’.

Source : South China Morning Post
Read more…China Evergrande rejects claims it was never profitable in report centred on changes to its accounting method