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CK ASSET Sinks ~6% as 2024 Property Sales Rev. Dives 24% w/ Reduced Div.
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CK ASSET (01113.HK) opened 1.63% lower today and sank to a bottom of $31.65. It last traded at $31.7, down 5.79%, on a volume of 5.7241 million shares, involving $184 million.

CK ASSET's 2024 profit before investment property revaluation plunged by 16.6% YoY to $11.688 billion, while its net profit plummeted by 21.2% to $13.657 billion. Its revenue of property sales recognized for the year cratered by 24.2% to $9.962 billion.

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A final dividend of $1.35 per share was declared, down 16.7% compared to the same period in 2023. The full-year dividend amounted to $1.74 per share, also down 15.1% YoY.
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