China Evergrande: net profit in the first half of the year is expected to be 14.7 billion yuan, down 46% year on year
With the selection of the value list of Jinqilin listed companies in Hong Kong stock market opened, thousands of companies will compete fiercely for the eight Project Awards. Who is the most leading entrepreneur, such as Zhang Yong, Yu Liang, Wang Xing, Lei Jun, Xu Jiayin and Ding Lei. < p > < p > on August 16, China Evergrande: it is expected that the group’s core business net profit and net profit will decrease in the six months ending June 30, 2020, of which the core net profit is expected to be about RMB 19.3 billion, which is about 37% lower than that of the same period last year, and the net profit is expected to be about RMB 14.7 billion, a decrease of about 46% compared with the same period of last year. According to the company, the decrease in profits in the first half of 2020 is mainly due to the implementation of national promotion activities by the group due to the outbreak of new coronavirus, the implementation of preferential sales price and the rise of marketing expenses in the same period, the foreign exchange loss caused by the fluctuation of foreign exchange rate during the period, and the consolidated statement loss caused by the investment of subsidiaries in new energy vehicles.
