Brief: Kowloon Development HY net profit amounted to HK$291 mln

Kowloon Development

24/08/2016 13:52

Aug 24 (Reuters) - Kowloon Development Co Ltd  0034.HK : 
 
 * 2016 interim results announcement  0034.HK  
 * HY net profit amounted to HK$291 million compared to HK$476 million 
 * Interim dividend per share for 2016 amounted to HK$0.21 
 * HY turnover HK$ 2.76 billion versus HK$1.76 billion a year ago 
 * Core income for H2 will be generated from property development projects in 
Hong Kong and mainland China 
 * If crude oil prices hover at current low levels, oil business in Kazakhstan 
will hardly make any contribution to earnings in H2 
 * Source text for Eikon  ID:nHKS9JqC8h  
 
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