New World Development Co Ltd (MEX:17)

MXN 65.19 0 (0%) Market Cap: 50.50 Bil Enterprise Value: 398.14 Bil PE Ratio: 0 PB Ratio: 0.09 GF Score: 74/100

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Full Year 2023 New World Development Co Ltd Earnings Call (Chinese, English) Transcript

Sep 29, 2023 / 09:45AM GMT

Release Date Price: MXN65.19

Transcript

Unidentified Company Representative

Friends from the investment sector, good afternoon. Welcome to New World Development Company Limited's FY 2023 Annual Results Presentation Analyst Briefing. I am the Head of Investor Relations, Patrick Cheung, I'm the MC for this session. First of all, let me introduce the management in attendance. They are: New World Development's Executive Vice Chairman and CEO, Dr. Adrian Cheng; New World Development's, CFO, Mr. Lau Fu Keung, Edward. (Operator Instructions)

Now let's invite Adrian to start.

Chi;Kong Cheng

New World Development Company Limited - Executive Vice-Chairman & CEO

Ladies and gentlemen, first of all, I would like to clarify that right now, the market is in a very sensitive condition, and there are many untrue rumors outside bringing about a lot of shocks. Some time ago, regarding the financial position of New World, there are many untrue remarks being spread in the market. And I suspect that there are people who took the opportunity to manipulate in the market. Because we have a 3-month

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