Kaisa becomes latest China developer to delay earnings results; shares slide

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

HONG KONG :Cash-strapped Kaisa Group Holdings Ltd has joined a growing list of Chinese property developers unable to publish 2021 audited earnings by March 31 as required by listing rules, deepening market concern about the sector's financial health.Kaisa late on Tuesday said a virus lockdown in Shenzhen left

HONG KONG :Cash-strapped Kaisa Group Holdings Ltd has joined a growing list of Chinese property developers unable to publish 2021 audited earnings by March 31 as required by listing rules, deepening market concern about the sector's financial health.

Bigger peer China Evergrande Group, the world's most-indebted property developer, also on Tuesday said it would not be able to publish results on time due to a large number of additional audit procedures resulting from"drastic changes" in operations since the second half of 2021. However, some have delayed results due to changing auditors. Ronshine China Holdings Ltd on Monday said auditor PwC had quit due to insufficient time to complete auditing work.

The U.S. investment bank said it would not be surprised to see more delays because, even for companies that have announced board meeting dates, there is still the possibility of results delays if auditing processes cannot be completed by then.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 6. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

China developer Kaisa says earnings results delayed due to lockdown, shares slideHONG KONG : Cash-strapped Chinese developer Kaisa Group said a lockdown in Shenzhen had meant audit work has not been completed and it would not be able to publish its financial results by March 31, sending its shares tumbling.Due to the delay, its shares will be suspended from trade from April 1 as requi
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »