Hong Kong New World Development underlying profit drops to HK$3.7b

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(The Standard)

New World Development (0017) said interim net profit fell by 0.4 percent to HK$1.01 billion year-on-year for the six months ended 31 December 2020.

NWD declared an interim dividend of HK$0.56, same as last year.

Adrian Cheng Chi-kong, executive vice-chairman and chief executive, said he believes that the worst is over.

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