K. Wah International Holdings Ltd (0173.HK)
15 Feb 2018
Latest Key Developments (Source: Significant Developments)
K Wah International Holdings Ltd <0173.HK>: HY profit attributable to equity holders increased 255 % to hk$1.90 billion . Interim dividend per share of 5 hk cents was declared. . HY revenue revenue hk$5.54 billion versus hk$2.36 billion . Supply of residential units in Hong Kong is expected to increase in the next few years . The residential market is expected to remain stable" . Small sized units will continue to be the most active segment in the overall market" . For residential market in mainland China, expected that the market will remain solid in the second half of 2016 . Business environment in the first half of the year was challenging and will continue to be so in the second hal . Full Article
HONG KONG, Nov 15 A consortium led by Hong Kong's developer Sino Land Co Ltd on Wednesday won a record HK$17.3 billion ($2.22 billion) tender for a residential site in Kowloon, beating other 10 bidders.