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Kowloon Development FY26 interim profit attributable to shareholders rises 4.8% to HK$131 million; revenue falls to HK$1.19 billion

PUBT·08/21/2026 11:53:35
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Kowloon Development FY26 interim profit attributable to shareholders rises 4.8% to HK$131 million; revenue falls to HK$1.19 billion
  • Kowloon Development posted attributable profit of HK$131 million for the six months ended June 30, up 4.8%; EPS held at HK$0.10.
  • Revenue fell to HK$1.19 billion; operating profit slipped to HK$201.31 million.
  • Investment properties recorded a HK$6 million revaluation gain versus a HK$187 million loss a year earlier; interim dividend stayed at HK$0.10.
  • Underlying attributable profit, excluding investment property revaluation and fair value changes on development interests, dropped 59.6% to HK$126 million.
  • Management expects second-half results to rely mainly on Upper Manor sales revenue and rental income; Clear Water Bay Road Phase 1 sales launch targeted by end-Q3.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kowloon Development Company Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12294714), on August 21, 2026, and is solely responsible for the information contained therein.