FilingReader Intelligence
Country Garden faces debt restructuring, posts loss amidst difficult year
April 29, 2025 at 05:31 AM UTC•By FilingReader AI
Country Garden Holdings (HKEX:2007) reports a tough 2024, marked by a net loss of RMB32.835 billion attributable to owners, although this represents an 81.6% decrease from the previous year. The company is actively pursuing a holistic solution to address its offshore indebtedness, announcing key terms of a restructuring proposal in early 2025.
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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