K. Wah International's Profit, Revenue Drop in H1

MT Newswires Live08-21

K. Wah International Holdings (HKG:0173) recorded a profit attributable to equity holders of HK$153.8 million for the six months ended June 30, down from HK$481.9 million in the first half of 2023, a Wednesday filing with the Hong Kong stock exchange said.

The company's earnings per share slipped to HK$0.0491 from HK$0.1538 per share a year ago.

Revenue for the six months came in at HK$1.21 billion, down from HK$3.10 billion in the year-ago period. The decrease in revenue was attributed to a drop in the number of pre-sold properties delivered to customers during the period.

The company recommended an interim dividend of HK$0.04 per share for the reporting period, lower than the HK$0.07 per share interim dividend from last year.

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Wah International's Profit, Revenue Drop in H1\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-21 14:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>K. Wah International Holdings (HKG:0173) recorded a profit attributable to equity holders of HK$153.8 million for the six months ended June 30, down from HK$481.9 million in the first half of 2023, a ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00173","symbol_name":"嘉华国际","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2461584892","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461584892","pubTimestamp":1724222070,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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