Nanyang Swings to Loss in 2024

MT Newswires Live
18 Mar

Nanyang Holdings (HKG:0212) swung to an attributable loss of HK$146.7 million in 2024 from an attributable profit of HK$49 million in 2023, according to a Monday filing with the Hong Kong bourse.

The real estate investor swung to a loss per share of HK$4.32 from earnings per share of HK$1.44 in the previous year.

Revenue inched up 2% to HK$199.7 million from HK$196 million a year earlier.

The company declared a final dividend of HK$0.70 per share and a special dividend of HK$0.40 per share, both payable June 6 to shareholders on record as of May 30.

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