Brief: New World Development Posts FY Loss HK$26,818 Million
30/09/2026 14:46
BRIEF-New World Development Posts FY Loss HK$26,818 Million Sept 30 (Reuters) - New World Development Company Limited 0017.HK:
LOSS FOR THE YEAR AMOUNTED TO HK$26,818 MILLION
FY REVENUES HK$19,992 MILLION
RESOLVED NOT TO DECLARE A FINAL DIVIDEND FOR THE YEAR ENDED 30 JUNE 2026
AS AT 30 JUNE 2026, THE GROUP’S CONSOLIDATED DEBT HAS DECREASED TO HK$143,267.5 MILLION
IN SEPT, ENTERS TERMINATION DEED WITH AIRPORT AUTHORITY HONG KONG FOR THE CONTRACTUAL ARRANGEMENTS FOR 11 SKIES PROJECT
CHOW TAI FOOK ENTERPRISES INDICATED IT IS IN ITS INTEREST THAT GROUP OPERATES AS GOING CONCERN
CHOW TAI FOOK ENTERPRISES INDICATED IT IS PREPARED TO PROVIDE FINANCIAL SUPPORT TO GROUP
Further company coverage: 0017.HK
((Reuters.Briefs@thomsonreuters.com;))
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