Hongkong Land full-year profit up 52% on non-trading gains
Singapore
HONGKONG Land Holding's profit attributable to shareholders for the year was US$2,012 million, up 52 per cent compared to US$1,327 million a year ago. This takes into account the net non-trading gains of US$1,107 million recorded principally on property valuations of the group's investment properties; in 2014, net valuation gains came in at US$397 million.
For the full year, underlying profit attributable to shareholders slid 3 per cent, from US$930 million in 2014 to US$905 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance