Selected Hong Kong stock announcements | NEW WORLD DEV's mid-term revenue is nearly 16.8 billion yuan, XINYI SOLAR's annual profit fell by more than 70% year-on-year.

① How is the growth rate of NEW WORLD DEV's mid-year revenue of nearly 16.8 billion yuan? ② What is the extent of the impact of XINYI SOLAR's annual profit decline of over 70% year-on-year?

cls.cnFeb 28 08:45 ET

New World Swings to Attributable Loss as Revenue Falls

MT NewswiresFeb 28 05:35 ET

Billionaire Cheng Family's Property Firm New World Posts HK$6.6 Bil Loss

The Edge MarketsFeb 28 04:44 ET

Express News | New World Development Says Not in Discussion on Any Holistic Debt Restructuring

ReutersFeb 28 04:30 ET

NEW WORLD DEV has raised its mainland contract sales target for the fiscal year 2025 to 14 billion yuan.

On February 28, NEW WORLD DEV (00017.HK) announced its interim results for the fiscal year 2025. From July 1 to December 31, 2024, the company achieved approximately 7.5 billion yuan in contracted sales in the mainland, having completed nearly 70% of the original sales target for the full fiscal year, leading the Hong Kong developers. In response to the market stabilizing after a decline, NEW WORLD management announced an increase of the full fiscal year's contracted sales target in the mainland from the original 11 billion yuan to 14 billion yuan, which will accelerate capital recovery. With various Bullish policies introduced since September 2024, first-tier cities have taken the lead in stabilizing after a decline. NEW WORLD is actively

Gelonghui FinanceFeb 28 04:23 ET

[Stock Connect] NEW WORLD DEV (00017) reports a mid-term loss of 6.633 billion Hong Kong dollars and will not distribute a mid-term dividend.

Kingwo Finance News | NEW WORLD DEV (00017) announced its interim results for the six months ending December 31, 2024 (2024/2025), with a loss attributable to Shareholders from continuing Operating Business of 6.633 billion HKD, compared to a profit of 0.502 billion HKD in the same period last year, a year-on-year transition from profit to loss. Basic loss per share was 2.64 HKD. No interim dividend was declared. During the period, the group's revenue was 16.789 billion HKD, a decrease of 1.62% year-on-year; gross profit was 6.675 billion HKD, a decrease of 8.02% year-on-year. During the period, the core Operating profit was 4.416 billion HKD, down 18% year-on-year. During the period, the group was in Hong Kong.

Jinwu Financial NewsFeb 28 04:05 ET