Hon Kwok Land Investment's Fiscal 2024 Profit Plunges

Hon Kwok Land Investment's (HKG:0160) attributable profit plunged to HK$4.6 million in the year ended March 31 from HK$153.4 million in the year-ago period, according to a Thursday filing with the Hon

MT NewswiresJun 28 04:34 ET

Hon Kwok Land (00160.HK) annual revenue increased by 4% to HKD 1.087 billion.

On June 27, Glonhe announced that during the 2024 fiscal year, Hon Kwok Land (00160.HK) had increased its income by 4% to HKD 1,087,000,000, while the operating profit before revaluation remained at a healthy level at HKD 132,100,000. However, due to the need for revaluation to reflect the difficult operating conditions of the Chinese market (the company's main market), ordinary stockholders' attributable profits were reduced to HKD 4,600,000 (in 2023: HKD 153,400,000).

Gelonghui FinanceJun 27 10:56 ET

Express News | Hon Kwok Land Investment FY Revenue HKD 1,087 Million

ReutersJun 27 10:47 ET

HON KWOK LAND: 2023-24 ANNUAL RESULTS ANNOUNCEMENT

Hong Kong Stock ExchangeJun 27 10:47 ET · Announcements

Hon Kwok Land (00160.HK) will hold a board of directors meeting on June 27th to approve the final performance.

Hon Kwok Land (00160.HK) announced that the board of directors will hold a meeting on June 27, 2024 to consider and approve the year-end performance of the company and its subsidiaries ending on March 31, 2024, and to consider the distribution of year-end dividends (if any).

Gelonghui FinanceJun 17 05:55 ET

Hon Kwok Forecasts Plunge in Fiscal Year 2024 Profit

Hon Kwok Land Investment (HKG:0160) forecasts its profit to dwindle to less than HK$10 million in the fiscal year ended March 31 from HK$153.4 million in the previous year, according to a Thursday fil

MT NewswiresJun 14 02:27 ET