by bondevalue | Apr 1, 2021 | Financial News
China Evergrande reported results yesterday with revenues up 6.2% YoY ending December 2020 to CNY 507.25bn ($77.3bn). Net profits came at CNY 31.40bn ($4.8bn) for the period, down 6.4% YoY and gross margins fell to 24%, its lowest since 2004. Contracted sales during...
by bondevalue | Mar 16, 2021 | China, High Yield Bonds
China Evergrande, the most indebted property developer will see its four main listed units report earnings this month. It will begin with its property services unit, then its EV start-up, followed by its property arm and “cultural units” as per Bloomberg....
