TAI SANG LAND released its annual performance report, with a loss attributable to shareholders of HKD 333 million, an increase of 79.58% year-on-year
TAI SANG LAND released its full-year performance for 2024, with revenue of HKD 482 million, a year-on-year decrease of 1.13%; the loss attributable to shareholders was HKD 333 million, a year-on-year increase of 79.58%; basic loss per share was HKD 1.16, and a final dividend of HKD 0.05 per share is proposed. The core property leasing business remained stable, with gross leasing income slightly down by 0.1%. Revenue from property leasing in Hong Kong grew by 4.5%, but the decline in leasing income from the U.S. business offset this. Revenue from hotel and catering businesses decreased by 4.9%
According to the Zhitong Finance APP, TAI SANG LAND (00089) released its full-year results for 2024, with revenue of HKD 482 million, a year-on-year decrease of 1.13%; the loss attributable to shareholders was HKD 333 million, a year-on-year increase of 79.58%; basic loss per share was HKD 1.16; and it proposed a final dividend of HKD 0.05 per share.
The announcement stated that the group's core property leasing business remained stable, with gross leasing income slightly down by 0.1% compared to last year. In 2024, leasing income from Hong Kong properties saw a moderate increase of 4.5%, but this was offset by a decline in leasing income from the U.S. business. Meanwhile, revenue from the hotel and catering business decreased by 4.9% compared to last year
