New World Development Full Year 2024 Earnings: Revenues Miss Expectations

Simply Wall St.09-28

New World Development (HKG:17) Full Year 2024 ResultsKey Financial Results Revenue: HK$35.8b (down 62% from FY 2023). Net loss: HK$9.90b (down from HK$976.4m profit in FY 2023). SEHK:17 Earnings and ...

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Net loss: HK$9.90b (down from HK$976.4m profit in FY 2023).  SEHK:17 Earnings and ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-17/new-world-development-shares/news/new-world-development-full-year-2024-earnings-revenues-miss\">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":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-17/new-world-development-shares/news/new-world-development-full-year-2024-earnings-revenues-miss","article_id":"2470092603","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/7312000-choice2-main-header/1585186669177"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470092603","pubTimestamp":1727490152,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"New World Development ( HKG:17 ) Full Year 2024 Results Key Financial Results Revenue: HK$35.8b (down 62% from FY...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7104":"黄金","TTM.AU":"TITAN MINERALS LTD","BK4523":"印度概念","TTM":"塔塔汽车","BK4099":"汽车制造商","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","00017":"新世界发展","BK1559":"蓝筹地产股","BK1216":"多样化房地产活动"},"translate_title":"新世界发展2024年全年盈利：收入未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00017":1,"TTM":1,"TTM.AU":1},"content_text":"New World Development (HKG:17) Full Year 2024 ResultsKey Financial Results Revenue: HK$35.8b (down 62% from FY 2023). Net loss: HK$9.90b (down from HK$976.4m profit in FY 2023).  SEHK:17 Earnings and Revenue Growth September 28th 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period New World Development Revenues Disappoint  Revenue missed analyst estimates by 18%.    Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Real Estate industry in Hong Kong.    Performance of the Hong Kong Real Estate industry.  The company's shares are up 29% from a week ago.   Risk Analysis You still need to take note of risks, for example - New World Development has   2 warning signs   we think you should be aware of. Valuation is complex, but we're here to simplify it.Discover if New World Development might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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