The property manager posted its first increase in core net profit in two years, while mounting third-party receivables and weak operating cash flow highlighted persistent pressure on collections
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Country Garden Services Holdings Co. reported a return to core profit growth in the first half of 2026, snapping a two-year decline even as mounting unpaid bills and negative cash flow highlighted lingering operational headwinds.
The developer paid $14.3 million in interest, but weak sales, limited cash and more than $72 million of principal due by year-end…
The company’s net profit jumped 79% in the first half on revenue of 43.4 billion yuan, down 12%
四年来累计交付超185万套的保交房攻坚，完成债务重组整体降债超900亿元。
The company said weaker land buying by local government financing vehicles and tighter project screening drove a steeper decline…
Second-quarter profit came in ahead of forecasts, while revenue fell short as overseas expansion lost momentum and the company…
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