Kowloon Development's 2024 Profit Falls

MT Newswires Live

2025/03/24

Kowloon Development's (HKG:0034) attributable profit plunged to HK$115.7 million in 2024 from HK$337.2 million in 2023, according to a Friday filing with the Hong Kong bourse.

Earnings per share of the real estate development company slid to HK$0.09 from HK$0.29 in the previous year.

Revenue grew to HK$5.39 billion from HK$2.94 billion a year earlier.

The company declared a final dividend of HK$0.12 per share, payable July 9 to shareholders on record as of June 17.

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