Full Year 2024 New World Development Co Ltd Earnings Call (Chinese, English) Transcript
Friends from the investment sector, greetings. Welcome to New World Development Company Limited's FY 2024 annual presentation online analyst briefing. I am Patrick Chong, Head of Investors Relations, the moderator for this session.
Now let me introduce to you our management in attendance. They are New World Development Non-Executive Vice Chairman, Dr. Adrian Cheng; New World Development CEO, Mr. Eric Ma; New World Development, New World China CEO, Ms. [Eko] Wong; New World Development CFO, Mr. Edward Lau. If you have any questions, please feel free to type your questions into the chat box on webcast. I will read out your questions.
Now I will pass the floor to Adrian.
Right. Regarding FY 2024 results, I would like to clarify a point. Please do not misunderstand that we have lost HKD20 billion of cash. Actually, we noticed that in the market, there are many people who have aroused a lot of
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