HONG KONG (Reuters) - Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan ($4.53 billion) versus a ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSHONG KONG - Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan versus a 66.4 billion yuan loss in the same period a year ago.
The world's most indebted developer posted a combined net loss of $81 billion for 2021 and 2022 in a long-overdue earnings report last month, having posted an 8.1 billion yuan profit in 2020.
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