Investors showed their disappointment with Soho China’s results for the first half by selling the stock.
Excluding the one-off disposal gains on its Sky Soho office project in Shanghai, Soho China, one of China’s largest commercial developers, recorded a core net loss of 3 million yuan (US$436,000) compared to a 116 million yuan profit a year earlier, according to its interim results announced on Friday. Rental income was 848 million yuan, only slightly higher than a year ago and…
Source : South China Morning Post
Read more…Mainland office developer Soho China’s disappointing earnings in first half leads to stock sell-off















