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Country Garden Services said that it has made impairment provision of 1.8 - 2.3 billion yuan for the trade receivables due from the related parties and an impairment of 1.4 - 1.8 billion yuan for the goodwill and other intangible assets, and as a result, the company expects its net profit for the financial year ending 31 December 2023 will drop by 3.2 billion - 4.1 billion yuan.
Investors have long feared . . .
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