NTP - Earnings announcements

Issues Open Letter to Jefferies Board of Directors and Senior Management, Including Chief Executive Officer Richard Handler and President Brian Friedman Asserts Jefferies and Senior Employees Committed Fraud Against and Have Stolen Significant Cash Belonging to IsZo and its Clients Contends Jefferies Utilized Positions That No Longer Exist to Systematically Steal Money from IsZo Through Illegal Short Rebate Charges, Margin Interest Charges and Cash Collateral Requirements Intends to Provide Information to SEC and NYAG to Encourage Investigation into Actions of Jefferies and its Employees "It's No Wonder That Truth is Stranger Than Fiction. Fiction has to Make Sense." – Mark Twain IsZo

SHENZHEN, China, Nov. 4, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced its unaudited financial results for the quarter ended September 30, 2021. SUMMARY PRC government continued to roll out restrictive measures to curb speculation in the domestic property market in the reporting period. The real estate sector is experiencing an extremely challenging financing and operating environment, and there have been a number of high profile defaults reported in the media. Loans to the real estate sector decreased 8.4% year-on-year for the first nine months of 2021. The Company is also facing similar difficulties, including a slowdown in deman