Kowloon Development Expects Up to 70% Lower Profit in 2024

MT Newswires Live

2025/03/04

Kowloon Development (HKG:0034) expects 60% to 70% lower profit attributable to shareholders in 2024 compared with 2023, a Tuesday Hong Kong bourse filing said.

The real estate development company attributed the expected decrease to an increase in revaluation losses on investment properties.

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