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Sun Hung Kai Properties Ltd (0016.HK)

0016.HK on Hong Kong Stock

125.90HKD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Sun Hung Kai Properties H1 Net Profit Hk$‍33,031​ Mln Vs Hk$20,659 Mln
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Sun Hung Kai Properties Ltd <0016.HK>::HY REVENUE HK$55.17 BILLION VERSUS HK$46.34 BILLION.H1 NET PROFIT HK$ 33,031​ MILLION VERSUS HK$20,659 MILLION.‍DECLARED AN INTERIM DIVIDEND PAYMENT OF HK$1.20 PER SHARE​.H1 ‍UNDERLYING PROFIT ATTRIBUTABLE HK$19,973 MILLION, COMPARED TO HK$14,608 MILLION​.‍GROUP'S MEDIUM-TERM TARGET FOR ITS ANNUAL PROPERTY SALES VALUE IN HONG KONG IS HK$40,000 MILLION​.  Full Article

Sun Hung Kai Properties H1 Net Profit Hk$ ‍33,031​ Mln Vs Hk$20,659 Mln
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Sun Hung Kai Properties Ltd <0016.HK>::H1 NET PROFIT HK$ ‍33,031​ MILLION VERSUS HK$20,659 MILLION.HY REVENUE HK$ ‍55.16 BILLION VERSUS HK$46.34 BILLION.‍DECLARED AN INTERIM DIVIDEND PAYMENT OF HK$1.20 PER SHARE​.H1 ‍UNDERLYING PROFIT ATTRIBUTABLE HK$19,973 MILLION, COMPARED TO HK$14,608 MILLION​.‍GROUP'S MEDIUM-TERM TARGET FOR ITS ANNUAL PROPERTY SALES VALUE IN HONG KONG IS HK$40,000 MILLION​.  Full Article

Sun Hung Kai Properties sets sales target at HK$36 bln for fiscal 2017-18
Thursday, 14 Sep 2017 

Sept 14 (Reuters) - Sun Hung Kai Properties Ltd <0016.HK>:Says it sets sales target at HK$36.0 billion ($4.61 billion) for fiscal 2017-18 .  Full Article

Sun Hung Kai Properties posts FY underlying profit attributable of HK$ 25,965 million
Thursday, 14 Sep 2017 

Sept 14 (Reuters) - Sun Hung Kai Properties Ltd <0016.HK>:FY profit attributable to co’s shareholders HK$ ‍41,782​ million versus HK$32,666 million.FY underlying profit attributable HK$ 25,965 million versus HK$24,170 million.FY revenue HK$ ‍78,207​ million versus HK$91,184 million.Directors have recommended payment of a final dividend of HK$3.00 per share for year ended 30 June 2017.‍"Mainland economy is expected to grow at a reasonable pace​"."Group's rental income is expected to perform well in coming year".‍Barring unforeseen circumstances, group's results for coming financial year are expected to be satisfactory.​.‍Group is positive about long-term prospects of mainland property market.​.Group achieved record contracted sales of about HK$52,400 million for year in attributable terms..In Hong Kong, market activities, particularly in secondary market, will continue to be constrained by restrictive housing measures​.  Full Article

UPDATE 1-Sun Hung Kai Properties profit slumps on accounting change, sees stable market

HONG KONG, Feb 27 Hong Kong's Sun Hung Kai Properties reported a 31 percent fall in half-year underlying profit, dragged down by a change in accounting standard, and said it expects the property market to be stable in 2019.