Yuexiu Property chairman Zhang Zhaoxing says he expects the company’s gross profit margin to remain stable in the next two years as the government is supporting the sector. Photo: Thomas Yau Yuexiu Property chairman Zhang Zhaoxing says he expects the company’s gross profit margin to remain stable in the next two years as the government is supporting the sector. Photo: Thomas Yau
Yuexiu Property chairman Zhang Zhaoxing says he expects the company’s gross profit margin to remain stable in the next two years as the government is supporting the sector. Photo: Thomas Yau

Mainland China developer Yuexiu Property sees net profit fall 59 per cent

Guangdong-based company takes a hit from yuan devaluation

Topic |   China property
Yuexiu Property chairman Zhang Zhaoxing says he expects the company’s gross profit margin to remain stable in the next two years as the government is supporting the sector. Photo: Thomas Yau Yuexiu Property chairman Zhang Zhaoxing says he expects the company’s gross profit margin to remain stable in the next two years as the government is supporting the sector. Photo: Thomas Yau
Yuexiu Property chairman Zhang Zhaoxing says he expects the company’s gross profit margin to remain stable in the next two years as the government is supporting the sector. Photo: Thomas Yau
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