Chinese Estates Holdings Limited reported a loss of over HKD 2.1 billion last year and has resumed dividend payments, declaring a final dividend of 3 cents per share
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CHINESE EST H reported a loss of approximately HKD 2.11 billion last year, compared to a profit of HKD 76.83 million the year before, mainly affected by the unrealized fair value of investment properties and realized losses. The core loss was approximately HKD 490 million. The group resumed dividend payments, with a final dividend of HKD 0.03 per share, maintaining a stable cash flow. Last year's revenue was HKD 340 million, a year-on-year decrease of approximately 30%. It is expected that the market atmosphere will improve this year, but due to ample supply, property prices will remain weak
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