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WHARF HOLDINGS Losses Widen to ~6% as 2024 Underlying NP Falls by 21.5%
Recommend 6 Positive 7 Negative 10 |
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WHARF HOLDINGS (00004.HK) announced at noon today (13th) that it turned around from profit to a loss of $3.224 billion in 2024 due to investment properties revaluation deficit, with the second interim DPS kept at $0.2. Underlying net profit for the period amounted to $2.798 billion, down 21.5% YoY, mainly due to development properties in Mainland China, with lower recognition. WHARF HOLDINGS' loss widened after midday. The stock last printed at $19.2, down 5.65%, with 560,600 shares traded, involving $11.0867 million. AAStocks Financial News |
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