KRP Development Holdings Limited announced earning guidance for the six months ended 30 September 2023, For the period the company expected that the profit attributable to the equity shareholders of the Company will decrease by approximately 80% as compared to the same period last year. Such decrease was mainly attributable to (i) the inevitable reduction in property sales due to the current instability of the real estate market and other external factors; and (ii) the decrease in the fair value of the investment properties owned by the Group. Despite the trend of a decline in profits, the profitability remains robust with no losses incurred.

Furthermore, the Company has always maintained a sound financial condition since its listing. The company have consistently preserved a healthy net cash position, with no significant borrowings or outstanding loans.