CK Asset's (HKG:1113) attributable profit fell 20% to HK$13.7 billion in 2024 from HK$17.3 billion in 2023, according to a Thursday filing with the Hong Kong bourse.
Earnings per share at the property developer decreased to HK$3.89 from HK$4.86 a year earlier. Analysts at Visible Alpha estimated EPS at HK$3.93.
Revenue slipped to HK$45.5 billion from HK$47.2 billion in the previous year. Visible Alpha analysts forecast revenue at HK$48.5 billion.
The company declared a final dividend of HK$1.35 per share, payable June 12 to shareholders on record as of May 28.
Shares fell 7% during Friday's late morning trading.
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