China Evergrande says it will not hold news briefing after H1 earnings

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

HONG KONG : China Evergrande Group, the country's debt-laden No. 2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday. The company did not provide a reason for the rare move.Evergrande said last week it expected its six-month ne

HONG KONG : China Evergrande Group, the country's debt-laden No.

2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday.Evergrande said last week it expected its six-month net profit to slump as much as 39per cent from a year earlier, dragged by a drop in its home selling prices and higher expenses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines