HKR International Limited (HK:0480) has released an update.
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HKR International Limited reported a significant increase in revenue to HK$3,940.7 million for FY2024, up by 132.7% from the previous year, largely due to the Starlight One project in China. However, the company also faced a loss of HK$468.0 million attributable to owners, compared to a profit in the previous year, influenced by asset impairment, fair value losses, and currency depreciation. Moreover, no dividends will be distributed to shareholders for FY2024.
For further insights into HK:0480 stock, check out TipRanks’ Stock Analysis page.