China, Country Garden

China's Country Garden expects 2024 loss to narrow from 2023's $24 billion
Country Garden said it expected to post a narrower annual loss in 2024 as the embattled developer looks to revive its business and stave off a liquidation lawsuit after reporting a record 178.4 billion yuan ($24.
China's Country Garden reveals $24bn loss in delayed 2023 report
The company reported a net loss of 178.4 billion yuan ($24.3 billion) for 2023, widening sharply from a 6.05 billion yuan loss the previous year, according to an unaudited full-year report released late Tuesday after a monthslong delay. Total revenue shrank to 401 billion yuan from 430 billion yuan in 2022.
China's Property Giant Country Garden Posts $24.3 Bn Loss For 2023
Country Garden, once China's largest property developer, reported losses of $24.3 billion in delayed 2023 financial results on Tuesday.
Country Garden overdue results show steep losses amid sector's sales slump
Country Garden, once China's biggest developer and now facing a liquidation lawsuit, reported steep losses on Tuesday in its long-overdue 2023 and interim 2024 financial results, hurt by large provisions amid a prolonged property sector crisis.
Troubled Chinese developer Country Garden’s loss for first half of 2024 narrows
Embattled Chinese property developer Country Garden Holdings said its net loss for the first half of 2024 narrowed to 12.8 billion yuan (US$1.75 billion) from 48.9 billion yuan a year earlier, as the slump in China’s property market continued into 2025 despite Beijing’s recent support for the sector.
Country Garden reveals $24bn loss in delayed 2023 report
The company reported a net loss of 174.8 billion yuan ($23.8 billion) for 2023, widening sharply from a 6.05 billion yuan loss the previous year, according to an unaudited full-year report released late Tuesday after a monthslong delay. Total revenue shrank to 401 billion yuan from 430 billion yuan in 2022.
China's Country Garden proposes offshore restructuring deal
Chinese property developer Country Garden said on Thursday it proposed a restructuring deal for its offshore debt, providing its creditors multiple options, including converting their debt into cash and maturity extension.
Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.
Country Garden Posts Another Record Loss on China Housing Slump
Country Garden Holdings Co. suffered another record loss in 2023 as one of China’s largest developers continues its lengthy restructuring process after defaulting on its debt.
China's Country Garden proposes deal to reduce offshore debt by $11.6 bln
Country Garden has proposed a deal to its offshore creditors that will cut its debt by $11.6 billion, paving the way for the ...
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Yuyuan Garden lights up with Year of the Snake lantern installations
The annual Yuyuan Garden Lantern Festival kicked off Wednesday in Shanghai, featuring diverse collections of lanterns to mark ...
China's Country Garden proposes deal to reduce offshore debt by $11.6 billion
Country Garden has proposed a deal to its offshore creditors that will cut its debt by $11.6 billion, paving the way for the ...
Sunac China shares, bonds sink after liquidation petition filed against developer
Sunac China shares and bonds plunged on Friday (Jan 10) after a liquidation petition was filed against the property developer ...