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China Evergrande says unable to publish annual results by March 31

Evergrande said in a stock exchange filing that due to the “drastic changes” in its operations since the second half of last year, the auditor has added a large number of additional audit procedures.

The developer will publish the audited annual results “as soon as practicable” after the audit procedures have been completed, it said, adding as per rules a trading suspension in its shares will remain in place until it publishes the latest results.


Source: Economy - investing.com

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