Specifically, the company booked revaluation gains of $197.3 million, versus a gain of $35.7 million booked in FY2021.
Led by revaluation gains of its investment properties, Hong Fok Corp has reported earnings of $220.1 million for FY2022, a surge of 466% over FY2021.
Revenue in the same period was up by 70% to $153.9 million, with better contributions from its hospitality business as well.
