Evergrande Property Services flags sufficient working capital till 2024

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Evergrande Property Services Group Ltd on Monday reported a 46.4 per cent plunge in its fiscal 2022 profit, when compared with fiscal 2020, and said it had sufficient working capital to meet its financial obligations up to 2024.The property services unit of embattled China Evergrande Group said profit att

Evergrande Property Services Group Ltd on Monday reported a 46.4 per cent plunge in its fiscal 2022 profit, when compared with fiscal 2020, and said it had sufficient working capital to meet its financial obligations up to 2024.

"The group will have sufficient working capital to meet its financial obligations up to 30 June 2024," Evergrande Property said.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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