Propsective buyers checking out a scale model of the Evergrande Mansion development at the Nanhai Gaoxin district in Foshan city in Guangdong province. Photo: SCMP/Xiaomei Chen
Propsective buyers checking out a scale model of the Evergrande Mansion development at the Nanhai Gaoxin district in Foshan city in Guangdong province. Photo: SCMP/Xiaomei Chen
Stocks

Evergrande shares soar on forecast its profit would triple

Full repayment of perpetual securities will help boost profit attributable to shareholders, and net income

Propsective buyers checking out a scale model of the Evergrande Mansion development at the Nanhai Gaoxin district in Foshan city in Guangdong province. Photo: SCMP/Xiaomei Chen
Propsective buyers checking out a scale model of the Evergrande Mansion development at the Nanhai Gaoxin district in Foshan city in Guangdong province. Photo: SCMP/Xiaomei Chen
READ FULL ARTICLE