Earnings Alerts

Wharf Real Estate Investment C (1997) Earnings: 1H Revenue Surpasses Estimates with HK$6.41 Billion

  • Wharf Real Estate reported a revenue of HK$6.41 billion for the first half, surpassing the estimated HK$6.33 billion.
  • Development Properties generated revenue of HK$58 million.
  • Hotel operations contributed HK$766 million to revenue.
  • Investment activities brought in HK$143 million in revenue.
  • The company posted a net loss of HK$2.41 billion.
  • Net debt at the end of the period stood at HK$33.3 billion.
  • The net debt-to-equity ratio was reported at 17.6%.
  • An interim dividend of 66 HK cents per share was announced.
  • Analyst recommendations include 8 buy ratings, 6 hold ratings, and 1 sell rating.

A look at Wharf Real Estate Investment C Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE4.2

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 company based in Hong Kong, has been evaluated across key factors using Smartkarma Smart Scores. With solid scores of 4 for Value, Dividend, Resilience, and Momentum, along with a strong score of 5 for Growth, the company showcases a promising long-term outlook. This suggests that Wharf Real Estate Investment C is considered to be well-positioned in terms of its financial value, dividend payouts, ability to withstand market challenges, and overall market momentum. Additionally, the high growth score indicates a positive trajectory for the company’s expansion and future earnings potential.

Overall, Wharf Real Estate Investment C appears to be a robust player in the real estate investment sector with favorable prospects for the future. Its strong performance across various Smartkarma Smart Scores highlights its competitive edge and resilience within the industry. Investors may find Wharf Real Estate Investment C an attractive option based on its solid fundamentals and growth potential, making it a company worth considering for long-term investment strategies.


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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