GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (OTCPK:NWWDF) » Definitions » Other Income (Expense)

NWWDF (New World Development Co) Other Income (Expense) : $-909 Mil (TTM As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is New World Development Co Other Income (Expense)?

New World Development Co's other income expense for the New World Development Co's pretax income for the six months ended in Jun. 2024 was $-1,096 Mil. Its other income expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-909 Mil.

New World Development Co Other Income (Expense) Historical Data

The historical data trend for New World Development Co's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New World Development Co Other Income (Expense) Chart

New World Development Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 397.53 145.55 104.05 40.33 -909.37

New World Development Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -206.51 225.42 -183.72 186.42 -1,095.79

New World Development Co Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-909 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New World Development Co  (OTCPK:NWWDF) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

New World Development Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (OTCPK:NWWDF) » Definitions » Other Income (Expense)
Comparable Companies
HKSE:00041 HKSE:00258 HKSE:00207 HKSE:00242 HKSE:01329 HKSE:00050 HKSE:00978 HKSE:00488 HKSE:00251 HKSE:01168 ASX:GMG TSE:8801 TSE:8802 HKSE:00012 BSP:TRXB11 PHS:SMPH SHSE:600415 OSTO:BALD B BOM:533274 XSWX:SPSN
Traded in Other Exchanges
NDVLY:USA 00017:Hong Kong NWDA:Germany
Address
16-18 Queen\'s Road, Central, 30th Floor, New World Tower, Hong Kong, HKG
Website
https://www.nwd.com.hk
New World Development is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.