Wharf Holdings Swings to Loss in 2024

MT Newswires Live
13 Mar

Wharf Holdings (HKG:0004) posted an attributable loss of HK$3.22 billion in 2024, reversing a profit of HK$945 million in 2023, according to a Thursday filing with the Hong Kong bourse.

The real estate company swung to a loss per share of HK$1.05 from earnings per share of HK$0.31 in the previous year.

Revenue declined 36% to HK$12.1 billion from about HK$19 billion a year earlier.

The company declared a second interim dividend of HK$0.20 per share, payable on April 24 to shareholders on record as of April 7.

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