KM Financial Solutions | China developer Evergrande estimates up to 5-fold jump in 2017 net profit
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China developer Evergrande estimates up to 5-fold jump in 2017 net profit

China developer Evergrande estimates up to 5-fold jump in 2017 net profit

HONG KONG, March 8 (Reuters) – China Evergrande Group
said on Thursday it estimates its 2017 net profit to
be four to five times higher than the previous year, helped by
the sale of more apartments and the redemption of high-interest
perpetual bonds.

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