In terms of finance, as of the end of the period, the total debt of R & F Properties dropped to 126.7 billion yuan, and one-third of the debt was due within one year.
Opinion News:On March 31, Guangzhou R&F Properties Co., Ltd. announced its 2022 annual performance.
Viewpoint New Media understands that during the period, R&F Real Estate’s revenue was 35.193 billion yuan, a year-on-year decrease of 53.8%; gross profit turned around and reached a profit of 3.827 billion yuan.
At the same time, due to factors such as a loss of 1.95 billion yuan in the fair value of investment properties and a loss of 1.552 billion yuan in sales of certain equity interests in associate companies and joint ventures, R&F Real Estate’s net profit loss during the period was 15.779 billion yuan, and the loss attributable to the parent was 15.737 billion yuan.
In terms of finance, as of the end of the period, the total debt of R & F Properties dropped to 126.7 billion yuan, and one-third of the debt was due within one year.
In terms of land, R&F Properties had an available land reserve of 47.08 million square meters as of the end of the period, with a total development value of approximately RMB 640 billion, of which more than 55% are located in first-tier or second-tier cities.
In addition, R&F Properties currently has about 104 projects under development, and the pre-sale value is expected to exceed 125 billion yuan in 2023.
