Sun Hung Kai Properties' Fiscal H1 Profit Slides 18%

MT Newswires Live
03-20

Sun Hung Kai Properties' (HKG:0016) attributable profit fell 18% to HK$7.52 billion in the fiscal first half from HK$9.15 billion in the year-ago period, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the property developer decreased 18% to HK$2.60 in the half-year ended Dec. 31 from HK$3.16 in the previous year.

Revenue grew 45% to HK$39.3 billion from HK$27.5 billion a year earlier.

The company declared an interim dividend of HK$0.95 per share, payable March 20.

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