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Tai Sang Land Development Limited Reports 2024 Financial Results with Notable Losses

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Tai Sang Land Development Limited Reports 2024 Financial Results with Notable Losses

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Tai Sang Land Development Limited ( (HK:0089) ) has provided an announcement.

Tai Sang Land Development Limited reported its 2024 annual financial results, revealing a 1.1% decrease in revenues to HK$481.6 million. The company experienced a significant loss of HK$340.2 million, largely due to fair value losses on investment properties amounting to HK$301.2 million. Despite these challenges, the company proposed a final dividend of HK5 cents per ordinary share, down from HK6 cents in the previous year.

More about Tai Sang Land Development Limited

Tai Sang Land Development Limited is a company incorporated in Hong Kong, operating in the real estate industry. The company focuses on property investment and development, primarily dealing with investment properties.

YTD Price Performance: 0.56%

Average Trading Volume: 37,113

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$503.4M

Learn more about 0089 stock on TipRanks’ Stock Analysis page.

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