- Wharf Real Estate’s underlying profit for the fiscal year came in at HK$6.01 billion, missing the estimated HK$6.23 billion.
- The net income was HK$4.77 billion, which was less than the estimated HK$6.15 billion.
- Total revenue was HK$13.31 billion, slightly under the predicted HK$13.37 billion.
- Revenue from investment properties was HK$10.88 billion, falling short of the HK$11.3 billion estimate.
- Revenue from development properties exceeded estimates, coming in at HK$238 million against the estimated HK$124.3 million.
- Hotels revenue was HK$1.56 billion, beating the estimated HK$1.47 billion.
- Investment revenue for the fiscal year was HK$465 million.
- A second interim dividend per share of 61 HK cents was announced.
- There were 13 buys, 4 holds, and 1 sell on Wharf Real Estate.
A look at Wharf Real Estate Investment C Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
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 Company Limited, a real estate investment company based in Hong Kong, has been given an overall Smart Score of 2 out of 5. This score is based on five factors: value, dividend, growth, resilience, and momentum. Wharf Real Estate Investment C scored a 4 for value, indicating that it is a good value for investors. However, its dividend score is a 3, suggesting that it may not be the best option for those seeking regular income.
In terms of growth, Wharf Real Estate Investment C received a score of 2, indicating that it may not be a strong performer in terms of future growth potential. Its resilience score is also a 3, suggesting that it may not be as stable and secure as other real estate investment options. Lastly, its momentum score is a 2, indicating that it may not be gaining much traction in the market.
Overall, while Wharf Real Estate Investment C may be a good value for investors, its overall outlook may not be as strong due to its lower scores in growth, resilience, and momentum. Investors should carefully consider these factors before making any investment decisions regarding this company.
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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