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BRIEF-New World Development Sees HY Loss Attributable From Cont Ops HK$6,600 Mln TO HK$6,800 Mln

Reuters
2025/02/21
BRIEF-New World Development Sees HY Loss Attributable From Cont Ops HK$6,600 Mln TO HK$6,800 Mln

Feb 21 (Reuters) - New World Development Co Ltd 0017.HK:

  • SEES CORE OPERATING PROFIT FROM CONTINUING OPERATIONS IN A RANGE OF HK$4,350 MILLION TO HK$4,550 MILLION FOR SIX MONTHS

  • SEES LOSS ATTRIBUTABLE FROM CONTINUING OPERATIONS FOR 1HFY2025 IN RANGE OF HK$6,600 MILLION TO HK$6,800 MILLION

  • EXPECTED LOSS DUE TO LACK OF ONE-OFF GAIN ON TRANSFER TO INVESTMENT PROPERTIES IN 1HFY2025, OTHERS

Further company coverage: 0017.HK

((Reuters.Briefs@thomsonreuters.com;))

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