HONG KONG: Property developer China Evergrande Group on Sunday reported a January to 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 582 billion yuan for 2021 and 2022 in a long-overdue earnings report last month, having posted an 8.1 billion yuan profit in 2020.
Source: Real Estate Daily Report (realestatedailyreport.net)
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