Chuang’s Consortium Bolsters Finances with Strategic Sales

Chuang’s Consortium International (HK:0367) has released an update.

Chuang’s Consortium International Limited has reinforced its financial position by strategically offloading non-core assets and completing various real estate projects, including residential units and commercial spaces, across Hong Kong and Mongolia. The company has successfully disposed of properties such as Parkes Residence and International Financial Centre, while progressing on developments like ARUNA and ONE SOHO with pre-sales underway. Financially, the group boasts a robust cash reserve and a healthy net debt to equity ratio, indicating a strong balance sheet.

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