Brief: K Wah International Says FY Profit Attributable Up 3% To HK$3,355 Mln

K Wah International Holdings

22/03/2022 06:24

March 22 (Reuters) - K Wah International Holdings Ltd
 0173.HK :
    * FY PROFIT ATTRIBUTABLE INCREASED BY 3% TO HK$3,355 MILLION
    * FY REVENUE OF GROUP INCREASED BY 38% TO HK$16,218 MILLION
    * DECLARES FULL YEAR DIVIDEND PER SHARE OF 21 HK CENTS
    * AS OF DEC 31 2021, ATTRIBUTABLE CONTRACTED SALES OF GROUP
YET TO
BE RECOGNISED WERE ABOUT HK$8.6 BILLION
    * CONTINUES TO ASSESS OPPORTUNITIES TO REPLENISH LANDBANK IN
HONG
KONG, PEARL RIVER, YANGTZE RIVER DELTAS
    * HAS A POSITIVE OUTLOOK FOR BUYERS' DEMAND IN BOTH HK AND
MAINLAND CHINA PROPERTY MARKETS
    * AS OF DEC 31 2021, GROUP'S BORROWINGS OF BANK LOANS WERE
HK$18,984 MILLION VERSUS HK$25,042 MILLION

Source text for Eikon:  ID:nHKS1NFgl5 
Further company coverage:  0173.HK 

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