Wharf Holdings, one of Hong Kong’s biggest builders of luxury homes and shopping centres, improved its first-half financial results, as strong sales of ultra-expensive residences and investment gains bolstered its bottom line.The company’s underlying interim net loss narrowed by 53.5 per cent to HK$526 million (US$67.58 million) from HK$1.13 billion loss in the first half of 2020, after an impairment charge of HK$3.65 billion, Wharf said in a filing to the Hong Kong stock exchange. Including…
Source : South China Morning Post
Read more…Wharf’s first-half results improve, helped by resurgent sales of luxury homes in Hong Kong and strong consumption in China
