K Wah International Holdings ( (HK:0173) ) has issued an announcement.
K. Wah International Holdings Limited reported its annual results for the year ended December 31, 2024, with a consolidated revenue of HK$7,187 million and a total attributable revenue of HK$8,426 million. The company achieved an underlying profit of HK$361 million and a profit attributable to equity holders of HK$335 million. Despite a decrease in profit compared to the previous year, the company maintained a strong financial position with a gearing ratio reduced to 12% and a net asset value per share of HK$12.7. The company plans to cautiously explore opportunities to expand its landbank in key regions, indicating a strategic focus on long-term growth.
More about K Wah International Holdings
K. Wah International Holdings Limited operates in the real estate industry, focusing on property development and investment. The company is known for delivering value through distinctive quality in its projects, with a market focus on Hong Kong and the Pearl River and Yangtze River Deltas.
YTD Price Performance: 3.91%
Average Trading Volume: 19,192
Technical Sentiment Signal: Hold
Current Market Cap: $774.5M
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