tiprankstipranks
Advertisement
Advertisement

Kowloon Development Profit Jumps on Hong Kong Housing Rebound and Strong Presales

Story Highlights
  • Kowloon Development’s 2025 underlying profit surged, supporting a higher dividend payout.
  • Robust presales in Hong Kong, including Upper Manor, and steady mainland sales drove growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kowloon Development Profit Jumps on Hong Kong Housing Rebound and Strong Presales

Meet Samuel – Your Personal Investing Prophet

Kowloon Development Co ( (HK:0034) ) has provided an announcement.

Kowloon Development Company Limited reported a 39.6% increase in underlying profit attributable to shareholders to HK$628 million for 2025, with underlying earnings per share rising to HK$0.48. After fair value and revaluation adjustments, reported profit attributable to shareholders grew 12.9% to HK$131 million, and the board proposed a higher full-year dividend of HK$0.24 per share.

Management highlighted an improving Hong Kong residential market in the second half of 2025, supported by lower mortgage rates and stronger end-user and investor demand. The group’s presales and sales reached about HK$2.2 billion in Hong Kong, including the fully presold Upper Manor project in Sai Ying Pun, and approximately RMB1.6 billion in Mainland China, underscoring solid operational momentum despite ongoing pressures in offices and a still-recovering mainland property sector.

The most recent analyst rating on (HK:0034) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Kowloon Development Co stock, see the HK:0034 Stock Forecast page.

More about Kowloon Development Co

Kowloon Development Company Limited is a Hong Kong-based property developer and investor focused on residential and commercial real estate. The group operates primarily in Hong Kong, with additional development activities in Mainland China, positioning it to benefit from both local housing demand and selected mainland urban markets.

Average Trading Volume: 136,183

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.34B

For a thorough assessment of 0034 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1