Chinese property developer Sunac posts US$2 billion core loss in 2022

April 1, 2023

MAJOR property developer Sunac China on Friday logged a net narrowing core loss of 13.86 billion yuan (S$2.7 billion) in 2022, as the debt-laden firm slowed its project construction and incurred higher interest expenses.

Written by: sherwin@eyeconz.com

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!

Chinese property developer Sunac posts US$2 billion core loss in 2022

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!