Property News · March 21, 2017

K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales


K Wah International Holdings reported 2016 underlying profit jumped 113 per cent to HK$2.8 billion (US$360.53 million), lifted by robust property sales in Hong Kong and the mainland.
The mid-sized developer said profit attributable to equity holders rose to HK$3.18 billion, compared to HK$1.37 billion a year earlier, according to a filing to the Hong Kong stock exchange on Tuesday.
Mainly driven by sales of Grand Summit in Shanghai, J Wings and J Metropolis in Guangzhou, Silver Cove in Dongguan…

Source : South China Morning Post
Read more…K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales

You may also like...