New World Development Posts Rise In Profit

by Benzinga Staff
February 27, 2015 5:24 AM | 22 seconds read | Make a Comment

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New World Development Co. Ltd.

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(OTC: NDVLY) reported a 29% rise in its net profit for the July-December period.The Central, Hong Kong-based company's net profit for the period surged to 5.85 billion Hong Kong dollars ($755 million), versus a year-ago profit of HK$4.53 billion.Its underlying profit rose 5% to HK$4.41 billion.Its revenue declined 0.7% to HK$26.99 billion in the six months. New World Development's board declared an interim dividend of HK$0.12 per share.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Posted In: EarningsNewsprofit

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