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<Results>NEW WORLD DEV Interim Loss Trims to $3.73B; No Div.; Core Operating Profit Slips 17.7%
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NEW WORLD DEV (00017.HK) announced its interim results for the six months ended 31 December 2025, with losses narrowing to $3.73 billion from a loss of $6.633 billion in the same period last year. LPS stood at $1.48. The Group explained that the loss resulted from one-off losses including revaluation deficit of investment properties of approx. $1.146 billion, impairment of development properties of approx. $2.126 billion, and other impairments of approx. $611 million. Nil interim dividend was declared. In the first half of the fiscal year, the Group's revenues recorded a YoY decrease of 50% to $8.391 billion. Gross profit decreased by 24.5% to $5.038 billion. Core operating profit was $3.636 billion, down 17.7% YoY. AAStocks Financial News Website: www.aastocks.com |
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