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Reuters

Reuters

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Property developer Country Garden's unit forecasts higher annual earnings

Reuters
Summary
Nutrition label

81% Informative

Country Garden Services forecast higher full-year profit on back of lower impairment charges.

Property services arm expects a net profit attributable between 1.60 billion yuan ( $221 million ) and 2 billion yuan for fiscal 2024 ended December .

Country Garden said earlier this year it proposed a deal to its offshore creditors to cut its debt by $11.6 billion .

VR Score

92

Informative language

99

Neutral language

66

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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