New World Development Posts FY Loss HK$26,818 Million

By Reuters News

- New World Development Company Limited 0017.HK:

  • LOSS FOR THE YEAR AMOUNTED TO HK$26,818 MILLION

  • FY REVENUES HK$19,992 MILLION

  • RESOLVED NOT TO DECLARE A FINAL DIVIDEND FOR THE YEAR ENDED 30 JUNE 2026

  • AS AT 30 JUNE 2026, THE GROUP’S CONSOLIDATED DEBT HAS DECREASED TO HK$143,267.5 MILLION

  • IN SEPT, ENTERS TERMINATION DEED WITH AIRPORT AUTHORITY HONG KONG FOR THE CONTRACTUAL ARRANGEMENTS FOR 11 SKIES PROJECT

  • CHOW TAI FOOK ENTERPRISES INDICATED IT IS IN ITS INTEREST THAT GROUP OPERATES AS GOING CONCERN

  • CHOW TAI FOOK ENTERPRISES INDICATED IT IS PREPARED TO PROVIDE FINANCIAL SUPPORT TO GROUP

Further company coverage: 0017.HK

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