China’s biggest property developer Country Garden posts losses of US$24.3b in 2023

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BEIJING, Jan 15 — Country Garden, once China’s largest property developer, reported losses of US$24.3 billion (RM109 bil...

Evergrande, another real estate giant, was ordered liquidated in January 2024.

The company also said it had lost US$1.8 billion in the first half of 2024, according to interim results.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaHong Kong

Topics: Developer Losses Property Biggest In Country Posts US$24.3b 2023 Garden Of

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 08:55:12 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 294 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 25166330

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About Malay Mail

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