China Vanke Co.’s first-quarter loss widened, underscoring the property developer’s challenges even after the government in ...

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Vanke’s net debt/equity ratio has risen to over 80% in 2024, which stays above those of main state-owned peers in the sector. With additional equity raised and short-term loans repaid, the net gearing ...

The loss stemmed mainly from declines in home settlements and gross margins, Vanke said. Margins dropped to 6.1 per cent from ...