Earnings Alerts

Wharf Real Estate Investment C (1997) Earnings: 1H Net Loss of HK$1.05B with HK$6.50B Revenue and 64 HK Cents Dividend

  • Wharf Real Estate: Reported a net loss of HK$1.05 billion for the first half of 2024.
  • Revenue: Achieved a total revenue of HK$6.50 billion.
  • Interim Dividend: Declared an interim dividend of 64 HK cents per share.
  • Market Sentiment: The company has 12 buy recommendations, 3 hold recommendations, and 1 sell recommendation from analysts.

A look at Wharf Real Estate Investment C Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Wharf Real Estate Investment C, a real estate investment company based in Hong Kong, has garnered positive scores across various key factors according to Smartkarma Smart Scores. With high scores in Value, Dividend, and Growth, the company shows promise for long-term prospects. This indicates that Wharf Real Estate Investment C is viewed favorably in terms of its financial stability, ability to generate dividends, and potential for growth in the market. Although scoring slightly lower in Resilience and Momentum, the overall outlook remains optimistic for the company’s future prospects.

Wharf Real Estate Investment C specializes in developing, investing, and operating both residential and commercial properties. This diversification allows the company to capitalize on different segments of the real estate market. As it continues to operate in Hong Kong, a prominent financial hub, Wharf Real Estate Investment C stands to benefit from the region’s economic activities and growth prospects, further solidifying its position in the real estate investment sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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