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Article: China : NWS Holdings records 90.4% growth in net profit for FY 2008.(Financial report)
- Article from:
- TendersInfo
- Article date:
- October 13, 2008
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Byline: sandesh03
Hong Kong-based NWS Holdings Ltd , which is 57% owned by New World Development Co. Ltd , announced its net profit for the fiscal year ended Jun. 30 amounted to around HK$3.82 billion, representing a robust increment of 90.4% year-on-year, thanks to a profit of HK$1.63 billion from the sales of residential flats at Harbour Place.
NWS Holdings realized revenue of HK$18.89 billion during that period, up 25.54% over the corresponding period of last year. Earnings per share were HK$1.89. The company proposed to declare a final dividend of HK$0.4 per share.
The company noted that a gain of HK$75.30 million ...