Brief: Guangzhou R&F Properties Says HY Loss Attributable Rmb5.11 Billion

Guangzhou R&F Properties

28/08/2023 16:22

Aug 28 (Reuters) - Guangzhou R&F Properties Co Ltd
 2777.HK :
    * HY LOSS ATTRIBUTABLE RMB5.11 BILLION VERSUS LOSS RMB6.92
BILLION
    * HY REVENUE RMB16.42 BILLION VERSUS RMB17.78 BILLION
    * OVER PAST YEAR, EXPEDITED PLAN TO SELL DEVELOPMENT  AND
INVESTMENT PROPERTIES IN BOTH CHINA AND OVERSEAS
    * CURRENTLY CONDUCTING DUE DILIGENCE WITH BUYERS FOR SEVERAL
OVERSEAS PROJECTS, WITH EXPECTED COMPLETION DATE BY END OF YEAR
    * ANTICIPATED THAT LOSSES WILL BE INCURRED FROM SALES OF
PROJECTS

Source text for Eikon:  ID:nHKSbH1lcq 
Further company coverage:  2777.HK 

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