Hatten Land FY24 net loss widens to RM 127.2 million; revenue rises to RM 37.2 million

Reuters04-06

Hatten Land FY24 net loss widens to RM 127.2 million; revenue rises to RM 37.2 million

Hatten Land posted a FY2024 net loss of RM 127.2 million, widening from RM 30.1 million a year earlier.
Revenue edged up to RM 37.2 million from RM 36.7 million.
Loss per share widened to RM 6.85 cents from RM 1.62 cents.
Cash and cash equivalents fell to RM 2 million from RM 2.5 million, while net liabilities swung to RM 50.7 million from net assets of RM 76.5 million.
Melaka property market remained soft with tighter financing conditions weighing on demand, while focus stayed on selling unsold units and reshaping non-operational commercial space to attract tenants as restructuring and fundraising continue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hatten Land Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: A2T1SUYCS94O6NZ9) on April 06, 2026, and is solely responsible for the information contained therein.

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ID: A2T1SUYCS94O6NZ9) on April 06, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1920062954.HKD","symbol_name":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (HKDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260406:nNDL8D8506:1","article_id":"2625672027","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2625672027","pubTimestamp":1775485915,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hatten Land posted a FY2024 net loss of RM 127.2 million, widening from RM 30.1 million a year earlier.Revenue edged up to RM 37.2 million from RM 36.7 million.Loss per share widened to RM 6.85 cents from RM 1.62 cents.Cash and cash equivalents fell to RM 2 million from RM 2.5 million, while net liabilities swung to RM 50.7 million from net assets of RM 76.5 million.Melaka property market remained soft with tighter financing conditions weighing on demand, while focus stayed on selling unsold units and reshaping non-operational commercial space to attract tenants as restructuring and fundraising continue.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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