Financial Statements
Hongkong Land Holdings posts US$582m net loss in FY23
Hongkong Land Holdings posts US$582m net loss in FY23
The company attributed its loss to a gradual decline in its prime office portfolio valuation.
HKEX reports ‘second best’ revenue, profit in FY23
Revenue for the period was $20.5b, up 11% YoY.
China Evergrande cuts losses to RMB39.2b in 1H23
The group has implemented several schemes to improve liquidity.
Cathay Group rebounds from loss, posts $4.3b profit in 1H23
The group’s 1H23 profit translates to a 9,267% YoY jump.
Wing Tai Properties braces for loss in FY22
It is expecting a loss of $50.0m.
Cathay Pacific's loss widens in FY22 at $6.5b
The airline, however, remains positive about its future.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong