Hong Kong developer K Wah reports first decline in core profit since 2017 in absence of dividend from chairman Lui Che-woo's casino firm Galaxy Entertainment
K Wah International Holdings, the property developer owned by one of Macau’s biggest casino owners, reported its first drop in annual core earnings since 2017 after a Covid-19 led tourism slump deprived it of dividends from the gambling business.
Source: scmp.com