Brief: Kowloon Development Says Final Dividend Of Hk$0.54 Per Share Is Proposed

Kowloon Development

25/03/2020 15:16

March 25 (Reuters) - Kowloon Development Co Ltd  0034.HK :
    * KOWLOON DEVELOPMENT CO LTD - FINAL DIVIDEND OF HK$0.54 PER
SHARE
IS PROPOSED
    * KOWLOON DEVELOPMENT CO LTD - FY NET PROFIT ATTRIBUTABLE
HK$2,450
MILLION VERSUS HK$2,193 MILLION
    * KOWLOON DEVELOPMENT CO - RENTAL INCOME FROM INVESTMENT
PROPERTIES IN HONG KONG IS EXPECTED TO BE ADVERSELY AFFECTED BY
CORONAVIRUS
    * KOWLOON DEVELOPMENT CO LTD - RESIDENTIAL TRANSACTION
VOLUMES
RECORDED A CONSIDERABLE DECLINE IN FIRST TWO MONTHS OF 2020
    * KOWLOON DEVELOPMENT CO LTD - INTENDS TO DEVELOP PROJECT IN
TSEUNG KWAN O INTO TWO HIGH-RISE RESIDENTIAL TOWERS
    * KOWLOON DEVELOPMENT CO LTD - POLYTEC ASSET'S RENTAL INCOME
FROM
INVESTMENT PROPERTIES IN MACAU EXPECTED TO BE ADVERSELY AFFECTED
BY CORONAVIRUS
    * KOWLOON DEVELOPMENT-POLYTEC ASSET'S ICE MANUFACTURING &
COLD
STORAGE BUSINESS IN HONG KONG ALSO EXPECTED TO BE ADVERSELY
AFFECTED BY CORONAVIRUS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4MzmTr
Further company coverage:  0034.HK 

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