Brief: Kowloon Development Sees Increase In Underlying Profit Attributable Range Of 70% To 80% For Year

Kowloon Development

02/03/2023 15:18

March 2 (Reuters) - Kowloon Development Co Ltd  0034.HK :
    * KOWLOON DEVELOPMENT CO LTD SEES SIGNIFICANT INCREASE IN
UNDERLYING PROFIT ATTRIBUTABLE RANGE OF 70% TO 80% FOR YEAR
    * GROUP IS EXPECTED TO RECORD A DECREASE IN PROFIT
ATTRIBUTABLE IN
RANGE OF 35% TO 45% FOR YEAR
    * EXPECTED UNDERLYING PROFIT ATTRIBUTBALE DUE TO INCREASE IN
SALES
RECOGNITION FROM PROPERTY DEVELOPMENT PROJECTS OF GROUP IN HK
    * EXPECTED DECREASE IN PROFIT ATTRIBUTABLE DUE TO DECREASE
IN NET
FAIR VALUE GAINS ON INVESTMENT PROPERTIES IN HK

Source text for Eikon:  ID:nHKS3JYDc9 
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