Business
Shui On Land: Core earnings positive but impairments drove a RMB 1.78 billion loss; rental income rose 2%
Shui On Land: Core earnings positive but impairments drove a RMB 1.78 billion loss; rental income rose 2%
About this update from Shui On Land Ltd.
Core earnings reached RMB 397 million, but non-cash adjustments and impairments led to a RMB 1.78 billion loss. Rental income grew 2% amid a challenging market, with strong retail and high-end residential performance in Shanghai and Wuhan. Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.