HKR International Reports Narrowed Annual Loss of HK$262 Million

Stock News

Jun 17

HKR International Ltd (HKR INT'L) (SEHK: 00480) has announced its financial results for the year ended March 31.

The company reported a revenue of HK$2.947 billion, representing a significant increase of 68.1% compared to the previous year. This substantial growth is primarily attributed to the recognition of sales from the Shanghai property development project Xing Yun Jian.

For the same period, the loss attributable to the company's owners was HK$262 million. This figure marks a notable improvement, with the loss narrowing by 66.6% year-on-year.

The company cited several key factors contributing to this improved financial performance. These include the sale of two luxury residential properties in Discovery Bay, a reduction in finance costs, and a decrease in the unrealized fair value loss on investment properties.

The basic loss per share for the year was 17.7 HK cents.

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These include the sale of two luxury residential properties in Discovery Bay, a reduction in finance costs, and a decrease in the unrealized fair value loss on investment properties.<br><br>The basic loss per share for the year was 17.7 HK cents.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1216","symbol_name":"多样化房地产活动","start_time":0,"source_url":"","article_id":"1154909751","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154909751","pubTimestamp":1781696790,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"HKR International Ltd (HKR INT'L) (SEHK: 00480) has announced its financial results for the year ended March 31.The company reported a revenue of HK$2.947 billion, representing a significant increase...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1216":"多样化房地产活动","00480":"香港兴业国际"},"translate_title":"瑞丰国际公布年度亏损收窄2.62亿港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00480":1},"content_text":"HKR International Ltd (HKR INT'L) (SEHK: 00480) has announced its financial results for the year ended March 31.The company reported a revenue of HK$2.947 billion, representing a significant increase of 68.1% compared to the previous year. 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