Company Profile For Sun Hung Kai Properties Limited

Sun Hung Kai Properties Limited is engaged in holding investments in various subsidiaries. The Company is engaged in the development of and investment in properties for sale and rent. In Hong Kong its operations include property development, property investment, property related businesses, telecom and information technology, and transportation, infrastructure and logistics. Its Mainland China operations include property development and property investment. In December 2008, the Company acquired an additional 51% interest in Kamford Hong Kong Ltd. In June 2009, it acquired 100% interest in Park Island Transport Company Limited.

BRIEF: For the fiscal year ended 30 June 2009, Sun Hung Kai Properties Ltd.'s revenues increased 40% to HK$34.23B. Net income decreased 62% to HK$10.36B. Revenues reflect an increase in income from Property sales business, higher Rental income and increased contribution from Hotel division. Net income was offset by an increase in selling & marketing expenses, a decline in other income and higher cost of sales of the company.