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Distressed Chinese developer Guangzhou R&F says net loss for 2021 could widen to US$2.5 billion : comparemela.com
Distressed Chinese developer Guangzhou R&F says net loss for 2021 could widen to US$2.5 billion
Guangzhou R&F Properties warned investors on Friday that its net loss for 2021 could widen to 17 billion yuan (US$2.5 billion) from the previously reported 8.7 billion yuan, due to an additional impairment loss.
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