Sino Land's Profit Drops in Fiscal H1

MT Newswires Live
26 Feb

Sino Land (HKG:0083) recorded a decline in attributable profit for the six months ended Dec. 31, 2024, to HK$1.82 billion from HK$2.62 billion during the year-ago period, a Wednesday Hong Kong bourse filing said.

Basic earnings per share in the fiscal first half were HK$0.21, down from HK$0.31 a year earlier.

Revenue for the property development company fell to HK$3.85 billion from HK$4.92 billion a year prior.

The board recommended an interim dividend of HK$0.15, the same as last year, to be paid on April 22, to the shareholders on record as of March 17.

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