Brief: China Vast Industrial Urban Development Sees Net Loss Of RMB430 Million For Six Months

CIG ShangHai

29/07/2022 15:40

July 29 (Reuters) - China Vast Industrial Urban Development
 6166.HK :
    * SEES NET LOSS OF APPROXIMATELY RMB430 MILLION FOR SIX
MONTHS
    * EXPECTED RESULT DUE TO NO LAND SALE IN LONGHE PARK DURING
PERIOD
    * OPTIMISTIC ABOUT REAL ESTATE MARKET IN LANGFANG, EXPECTS
LAND
SALE IN LONGHE PARK TO BE POSITIVE IN H2

Further company coverage:  6166.HK 

 ((Reuters.Briefs@thomsonreuters.com;))