KWG GROUP (01813) Releases Interim Results, Shareholders' Losses Reach HK$2.053 Billion, Down 75.03% Year-over-Year

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Aug 28

KWG GROUP (01813) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$3.792 billion, representing a decrease of 27.54% compared to the same period last year. Losses attributable to the company's owners amounted to HK$2.053 billion, down 75.03% year-over-year. Basic loss per share stood at 60 cents. According to the announcement, property development revenue declined by 30.5% compared to the same period in 2024. This was primarily due to the decrease in total delivered gross floor area from 398,698 square meters in the first half of 2024 to 348,103 square meters in the corresponding period of 2025.

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The group recorded revenue of HK$3.792 billion, representing a decrease of 27.54% compared to the same period last year. Losses attributable to the company's owners amounted to HK$2.053 billion, down 75.03% year-over-year. Basic loss per share stood at 60 cents. According to the announcement, property development revenue declined by 30.5% compared to the same period in 2024. 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