KEYNE LTD (00009) Reports Annual Results with Shareholders' Loss of HK$1.422 Billion, Up 181.13% YoY

Stock News

Sep 30

KEYNE LTD (00009) announced its annual results for the year ended December 31, 2023. The group recorded revenue of HK$38.768 million, representing a year-on-year increase of 125.58%. Loss attributable to owners of the company amounted to HK$1.422 billion, up 181.13% compared to the previous year. Loss per share was HK$0.3986.

Property rental income contributed approximately HK$17.603 million to total revenue (2022: HK$17.186 million), which decreased due to rent relief measures during the COVID-19 pandemic and business downsizing by some tenants. Property sales made no contribution to total revenue (2022: nil).

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The group recorded revenue of HK$38.768 million, representing a year-on-year increase of 125.58%. Loss attributable to owners of the company amounted to HK$1.422 billion, up 181.13% compared to the previous year. Loss per share was HK$0.3986.</p>\n<p>Property rental income contributed approximately HK$17.603 million to total revenue (2022: HK$17.186 million), which decreased due to rent relief measures during the COVID-19 pandemic and business downsizing by some tenants. 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