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“China Evergrande Posts $81 Billion in Losses Over Two Years”

“China Evergrande Group posted combined losses of more than $81 billion over two years as the world’s most-indebted developer releases its long-delayed results in a bid to resume stock trading…

The company reported a loss attributable to shareholders of 105.9 billion yuan ($14.8 billion) for the full year in 2022, adding to a 476 billion yuan loss for the previous year, the firm said in a Hong Kong stock exchange filing Monday…”

https://finance.yahoo.com/news/china-evergrande-posts-81-billion-143914947.html

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