BUZZ-Wharf Real Estate at 10-month high on low gearing, higher dividend

Reuters
Aug 07
BUZZ-<a href="https://laohu8.com/S/WHREY">Wharf Real Estate</a> at 10-month high on low gearing, higher dividend

** Wharf Real Estate Investment 1997.HK rises 6.5% to HK$26.1, highest since October 14, 2024

** Stock set for biggest one-day pct rise since July 3

** Property investor and mall operator reports flat growth in H1 underlying profit; revenue down 1% y/y

** Borrowing cost slips 27% y/y; gearing level at new low of 17.6% vs 17.8% at December-end

** Co declares interim dividend of HK$0.66 vs year-ago HK$0.64

** YTD, stock gains 30.2%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10