KWG Group Reports Interim Loss Widens 24.46% to HK$2.556 Billion Amid Revenue Decline
Stock News
Yesterday
KWG GROUP (01813) has announced its interim results for the six months ended June 30, 2026, revealing a challenging first half with revenue declining significantly.
The group recorded revenue of HK$1.881 billion, representing a sharp decrease of 50.4% compared to the same period last year. Loss attributable to owners of the company widened by 24.46% to HK$2.556 billion, with basic loss per share standing at 75 HK cents.
According to the company's announcement, revenue from property development, property investment, and hotel operations for the six-month period reached approximately HK$1.229 billion, HK$343 million, and HK$309 million, respectively.
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