Tag: Everbright

Everbright Grand China Assets Limited (“Everbright Grand China” or the “Group”; HKEX stock code: 03699), a subsidiary of China Everbright Group, principally engaged in the businesses of property leasing, property management and the sales of properties held for sale, announced its interim results for the six months ended 30 June 2023 (“Reporting Period”). During the reporting period, the Group recorded a revenue of approx. RMB22.1 million, represented a decrease of approx. RMB5.0 million compared with the corresponding period of last year (2022: RMB27.1 million), mainly due to the drop in the occupancy rate. Profit attributable to equity shareholders of the ... Read more

China Everbright Limited (“CEL” or “the Group”, stock code: 165.HK) today announced its annual results for the year ended 31 December 2022 (“the reporting period”). Financial Highlights of 2022 Annual Results— Loss attributable to shareholders of the Company was HK$7.443 billion; the unrealised loss on investments was primarily due to a decrease in the valuation of investment projects.— Fund raising continued and total AUM reached approximately HK$165.4 billion.— Carried out diversified exits with 86 projects fully/partially exited, achieving a cash return of approximately HK$13.9 billion.— Maintained strong liquidity with cash and cash equivalents of approximately HK$8.2 billion and with unutilised ... Read more