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Road King Infrastructure Reports Decline in 2024 Financial Results

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Road King Infrastructure Reports Decline in 2024 Financial Results

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An announcement from Road King Infrastructure ( (HK:1098) ) is now available.

Road King Infrastructure Limited reported a significant decline in property sales for the year ended December 31, 2024, with revenue dropping to RMB12,462 million from RMB27,650 million in 2023. Despite stable property delivery and a slight increase in toll revenue from expressway projects in Indonesia, the company experienced a loss attributable to owners of HK$4,122 million, highlighting financial challenges and a decrease in total assets and equity.

More about Road King Infrastructure

Road King Infrastructure Limited is a company incorporated in Bermuda with limited liability, focusing on property sales, property delivery, and toll revenue from expressway projects, particularly in Indonesia.

YTD Price Performance: -27.37%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $112.8M

Learn more about 1098 stock on TipRanks’ Stock Analysis page.

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