share_log

華南城：截至2023年12月31日止九個月的全年業績公告

CHINASOUTHCITY: ANNUAL RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 31 DECEMBER 2023

香港交易所 ·  Mar 28 10:21
Summary by Moomoo AI
華南城(中國南城)公布截至2023年12月31日止九個月全年業績，顯示持續經營業務收入下降13.4%，虧損額大幅增加177.6%。由於財政年度結算日由3月31日更改為12月31日，本財政期涵蓋九個月，與上個財政期的十二個月數字不可直接比較。公司面臨流動資金及財務壓力，已出現若干借款違約及╱或交叉違約，總額約308.25億港元。董事會已採取多項措施改善財務狀況，包括尋找財務顧問協助債務重組、出售資產提高流動資金、加快物業銷售及收回應收款項等。公司的持續經營能力存在重大不確定性，未來將取決於債務重組的成功與否及其他因素。
華南城(中國南城)公布截至2023年12月31日止九個月全年業績，顯示持續經營業務收入下降13.4%，虧損額大幅增加177.6%。由於財政年度結算日由3月31日更改為12月31日，本財政期涵蓋九個月，與上個財政期的十二個月數字不可直接比較。公司面臨流動資金及財務壓力，已出現若干借款違約及╱或交叉違約，總額約308.25億港元。董事會已採取多項措施改善財務狀況，包括尋找財務顧問協助債務重組、出售資產提高流動資金、加快物業銷售及收回應收款項等。公司的持續經營能力存在重大不確定性，未來將取決於債務重組的成功與否及其他因素。
South China (South China) announced its annual results for the nine months ended December 31, 2023, showing a 13.4% drop in income from continuing operations and a significant 177.6% increase in losses. Since the closing date for the fiscal year was changed from March 31 to December 31, this fiscal period covers nine months, and the twelve-month figures for the previous fiscal period cannot be directly compared. The Company is facing liquidity and financial pressures, with a number of loan defaults and/or cross defaults totaling approximately HK$308.25 billion. The Board of Directors has taken a number of measures to improve the financial situation, including finding financial advisors to assist with debt restructuring, selling assets to increase liquidity, accelerating property sales and recovering funds. There is significant uncertainty about the company's ability to operate in the future, which will depend on the success of debt restructuring and other factors.
South China (South China) announced its annual results for the nine months ended December 31, 2023, showing a 13.4% drop in income from continuing operations and a significant 177.6% increase in losses. Since the closing date for the fiscal year was changed from March 31 to December 31, this fiscal period covers nine months, and the twelve-month figures for the previous fiscal period cannot be directly compared. The Company is facing liquidity and financial pressures, with a number of loan defaults and/or cross defaults totaling approximately HK$308.25 billion. The Board of Directors has taken a number of measures to improve the financial situation, including finding financial advisors to assist with debt restructuring, selling assets to increase liquidity, accelerating property sales and recovering funds. There is significant uncertainty about the company's ability to operate in the future, which will depend on the success of debt restructuring and other factors.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1     View Translation

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more