Tern Properties' Fiscal Year 2024 Loss Narrows on Higher Turnover
MT Newswires Live06-20
Tern Properties' (HKG:0277) attributable loss narrowed to HK$9.8 million, or HK$0.04 per share, in the year ended March 31, from HK$75.2 million, or HK$0.27 per share, in the year-ago period, according to a Wednesday filing with the Hong Kong Stock Exchange.
Turnover at the property company increased to HK$56 million from HK$51.9 million a year earlier.
Despite the loss, the company declared a final dividend of HK$0.014 per share, payable Sept. 13 to shareholders on record as of Sept. 3.
Price (HKD): $1.98, Change: $-0.22, Percent Change: -10.00%
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