Kingwell Group Narrows Full-Year Loss

MT Newswires Live

09/30

Kingwell Group (HKG:1195) clocked 5 million yuan in attributable loss for the fiscal year ended June 30, narrowing from a loss of nearly 10 million yuan a year earlier, according to a Hong Kong bourse filing Monday.

Shares of the property developer fell over 3% in late morning trade Tuesday.

Loss per share was 0.17 yuan compared with 0.34 yuan in the prior year.

Revenue for the period was largely flat at 70.9 million yuan.

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