Wharf Real Estate Investment: in the first half of the year, shareholders should account for the group's loss of HK $1.468 billion compared with the same period last year.

Breakings · Aug 4, 2022 12:44

Wharf Real Estate Investment announced on the Hong Kong Stock Exchange that in the first half of the year, the group's revenue decreased by 17% to HK $6.21 billion (2021: HK $7.485 billion), mainly due to a decrease in sales of development properties recognized by listed subsidiaries. The unaudited group's underlying net profit increased by 3 per cent to HK $3.373 billion (HK $3.272 billion in 2021). However, the net investment property revaluation loss of HK $5.038 billion (2021: HK $278 million) resulted in shareholders' share of the Group's loss of HK $1.468 billion (2021: HK $2.97 billion).

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九龙仓置业：上半年股东应占集团亏损14.68亿港元同比盈转亏

Wharf Real Estate Investment: in the first half of the year, shareholders should account for the group's loss of HK $1.468 billion compared with the same period last year.

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