Brief: Kowloon Development Co Sees Considerable Decrease In Underlying Profit Attributable For Six Months

Kowloon Development

29/07/2022 11:34

July 29 (Reuters) - Kowloon Development Co Ltd  0034.HK :
    * SEES CONSIDERABLE DECREASE IN UNDERLYING PROFIT
ATTRIBUTABLE FOR
SIX MONTHS
    * EXPECTED RESULT DUE TO DECREASE IN NET FAIR VALUE GAINS ON
INVESTMENT PROPERTIES IN HONG KONG
    * SEES CONSIDERABLE DECREASE IN UNDERLYING PROFIT
ATTRIBUTABLE IN
RANGE OF 45% TO 55% FOR SIX MONTHS
    * SEES SIGNIFICANT DECREASE IN PROFIT ATTRIBUTABLE IN RANGE
OF 70%
TO 80% FOR SIX MONTHS


Further company coverage:  0034.HK 

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