Tai Sang Land Development Limited (HK:0089) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tai Sang Land Development Limited reported a loss of HK$162.6 million for the six months ending 30th June 2024, a significant downturn from the HK$146.5 million profit in the previous year, largely due to HK$144.2 million in fair value losses on investment properties. Revenue slightly increased to HK$240.6 million, up 4.5% from the same period last year, while an interim dividend of HK4 cents per share was declared, down from HK6 cents in 2023.
For further insights into HK:0089 stock, check out TipRanks’ Stock Analysis page.