New World Development Co Ltd

00017: XHKG (HKG)

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New World Development Earnings: Valuation Cut by 9% on Rental Contract Termination and Higher WACC

Jeff Zhang

Oct 2, 2026

New World Development's revenue fell 28% in fiscal 2026 (ended June) due to lower property sales and construction income. Net loss reached HKD 25.6 billion amid 11 Skies write-offs, following the termination of its rental agreement with Hong Kong's Airport Authority effective April 1, 2027.

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New World Development Co Ltd

New World Development Earnings: Valuation Cut by 9% on Rental Contract Termination and Higher WACC

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