FilingReader Intelligence
Country Garden reports RMB35.1bn loss amidst debt restructuring
March 31, 2025 at 12:22 PM UTC•By FilingReader AI
Country Garden Holdings (HKEX: 2007) reported a loss of RMB35.1 billion for the year ended December 31, 2024, alongside a 37% year-on-year revenue decrease to RMB252.8 billion. Contracted sales attributable to shareholders reached approximately RMB47.2 billion. Selling and marketing costs declined by 40.2% to RMB10.8 billion. The Group's total debt stood at approximately RMB253.5 billion at year-end.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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