tiprankstipranks
Sun Hung Kai Properties Announces Dipped Profits
Company Announcements

Sun Hung Kai Properties Announces Dipped Profits

Sun Hung Kai Properties (HK:0016) has released an update.

Don't Miss our Black Friday Offers:

Sun Hung Kai Properties reported a decrease in annual underlying profit to HK$21,739 million from last year’s HK$23,885 million, with a reduced earnings per share of HK$7.50. Despite this, rental income saw a 3% increase. The company also announced a final dividend of HK$2.80 per share, totaling a 24% decrease from the previous year’s dividend.

For further insights into HK:0016 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskSun Hung Kai Properties’ AGM Approves Key Resolutions
TipRanks HongKong Auto-Generated NewsdeskSun Hung Kai Properties Strengthens Leadership Team
TipRanks HongKong Auto-Generated NewsdeskSun Hung Kai Properties Announces Director Retirement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App