CHI HO DEV announced its annual performance, with a loss attributable to owners of HKD 12.3 million, turning from profit to loss year-on-year
According to the Zhitong Finance APP, CHI HO DEV announced its annual performance for the year ending March 31, 2025, with revenue of approximately HKD 497.5 million, a year-on-year increase of about 41%; the loss attributable to the company's owners was HKD 12.3 million, turning from profit to loss year-on-year; the loss per share was HKD 1.54. The announcement stated that the loss was mainly due to the weak Hong Kong property market, resulting in an impairment loss of approximately HKD 16.2 million recognized in equity for a joint venture
According to the Zhitong Finance APP, CHI HO DEV (08423) announced its annual performance for the year ending March 31, 2025, with revenue of approximately HKD 497.5 million, a year-on-year increase of about 41%; the loss attributable to shareholders was HKD 12.3 million, turning from profit to loss compared to the previous year; the loss per share was HKD 1.54.
The announcement stated that the loss was mainly due to the weak property market in Hong Kong, resulting in an impairment loss of approximately HKD 16.2 million recognized in the equity of a joint venture
