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Back 28 Mar 2025

PC Partner Group Reports HK$35.9 Billion Net Loss for FY2024

Link: https://links.sgx.com/1.0.0/corporate-announcements/1OMLOA21MUE7IHLN/d79ad1c4f1b14ed6f67907ec98c94f4a9118c0f08e416045cd5650034cf8e6ab

Summary:

  • Revenue: Increased by 0.9% year-on-year to HK$59.975 billion.

  • Gross Loss: Recorded a gross loss of HK$5.869 billion, resulting in a gross profit margin of -9.8%.

  • Net Loss: Loss attributable to equity holders amounted to HK$35.905 billion.

  • Land Bank: As of 31 December 2024, the Group's land bank totaled approximately 43.61 million square meters (before interests).

  • Dividend: The Board did not recommend the payment of any final dividend for the year ended 31 December 2024.

Note: All data is sourced from PC Partner Group Limited's Annual Report for the year ended 31 December 2024.