Henderson Land Development's Profit Plunges 32% in 2024

MT Newswires Live
03-20

Henderson Land Development (HKG:0012) recorded a 32% decline in attributable profit for the year 2024 to HK$6.3 billion from HK$9.26 billion in the year-ago period, a Thursday filing with the Hong Kong bourse said.

Earnings per share were HK$1.30 in the year, down from HK$1.91 in the previous corresponding year.

The firm's revenue fell by 8% to HK$25.3 billion in the year from HK$27.6 billion a year prior.

The property developer has recommended a final dividend of HK$1.30 per share, payable June 20 to shareholders of record on June 11.

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