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KRP Development Holdings Faces Steep Decline

KRP Development Holdings Faces Steep Decline

KRP Development Holdings Limited (HK:2421) has released an update.

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KRP Development Holdings Limited reported a significant decline in their annual financial results for the year ended March 31, 2024, with revenue plummeting by 68% and profit for the year dropping by 78% compared to the previous year. The company’s basic earnings per share also fell sharply by 78%, and the final dividend per share was cut by 50%. Despite the downturn, the company has announced its consolidated results with a detailed financial position, including assets and liabilities.

For further insights into HK:2421 stock, check out TipRanks’ Stock Analysis page.

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