Property News · July 31, 2023

China property developer Country Garden expects to post loss due to fall in profit margin, higher impairment provisions


China’s biggest property developer Country Garden Holdings urged “guidance and support from the government”, estimating it would report a loss for the first half of the year ahead of a wave of debt maturities.

Source : South China Morning Post
Read more…China property developer Country Garden expects to post loss due to fall in profit margin, higher impairment provisions