New World Development Co Ltd (STU:NWDA)
€ 0.91 -0.02 (-2.15%) Market Cap: 2.33 Bil Enterprise Value: 18.34 Bil PE Ratio: 0 PB Ratio: 0.09 GF Score: 58/100

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

Sep 29, 2023 / 09:45AM GMT
Release Date Price: €1.79 (+3.47%)
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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