Kowloon Development's Profit Rises in 2025; Shares Fall 4%
MT Newswires Live
Mar 23
Kowloon Development's (HKG:0034) profit attributable to shareholders rose to HK$130.6 million for 2025, from HK$115.7 million a year earlier, according to a March 20 Hong Kong bourse filing.
Shares of the real estate developer fell nearly 4% in late morning trade on Monday.
Earnings per share came in at HK$0.10, compared with HK$0.09 a year earlier.
Revenue declined to HK$4.95 billion from HK$5.39 billion.
The board recommended a final dividend of HK$0.14 per share, payable on July 8 to shareholders whose names appear on the register of members as of June 16.
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