Kowloon Development Company Limited Reports 25% Rise in Revenue to HK$2.43 Billion and Net Profit of HK$115 Million for First Half of 2025; EPS Unchanged at HK$0.10
Reuters
Sep 26
Kowloon Development Company Limited Reports 25% Rise in Revenue to HK$2.43 Billion and Net Profit of HK$115 Million for First Half of 2025; EPS Unchanged at HK$0.10
Kowloon Development Company Limited reported its unaudited results for the six months ended 30 June 2025. The Group recorded revenue of HK$2.43 billion, up from HK$1.94 billion in the same period last year. Profit for the period attributable to shareholders was HK$124.56 million, compared to HK$113.45 million a year earlier. Earnings per share remained at HK$0.10. Total comprehensive income attributable to shareholders rose to HK$223.04 million, from HK$78.99 million in the corresponding period in 2024. The company reported profit from operations of HK$239.92 million, down from HK$269.19 million in the previous period. Cost of sales increased to HK$1.28 billion, from HK$916.22 million last year. Selling, marketing and distribution expenses rose to HK$359.40 million, compared to HK$206.93 million in the previous year. No additional operational or business updates were provided in the interim report.
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