Wing Tai Properties Narrows Attributable Loss in 2025
MT Newswires
Mar 30
Wing Tai Properties (SGX:W05, HKG:0369) narrowed its attributable profit to shareholders in 2025 to HK$1.71 billion from HK$2.56 billion a year earlier, according to a Friday filing with the Singapore Exchange.
Loss per share came in at HK$1.26 compared with HK$1.89 in the year-ago period.
Revenue dropped to HK$968.8 million from HK$1.03 billion, with the property developer reporting reduced sales from the remaining units of a joint venture project.
The directors recommended a final dividend of HK$0.04 per share for 2025, expected to be distributed on or around June 22.
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.