Swire Properties Ltd (1972.HK)
19 Oct 2018
Latest Key Developments (Source: Significant Developments)
Aug 9 (Reuters) - Swire Properties Ltd <1972.HK>::HY REVENUE HK$ 7,309 MILLION VERSUS HK$11,525 MILLION.HY REPORTED PROFIT ATTRIBUTABLE TO THE COMPANY'S SHAREHOLDERS HK$21,205 MILLION VERSUS HK$14,763 MILLION.DECLARED FIRST INTERIM DIVIDEND OF HK$0.27 PER SHARE.RENTAL DEMAND FOR RESIDENTIAL INVESTMENT PROPERTIES IS EXPECTED TO BE STABLE IN SECOND HALF OF 2018. Full Article
Swire Properties Ltd <1972.HK> : fy reported net profit hk$ 15,050 million versus hk$14,072 million a year ago . fy revenue hk$16,792 million versus hk$16,447 million . retail sales are expected to grow modestly in Guangzhou in 2017 . office rents in Beijing are expected to be weak in 2017 . directors have declared a second interim dividend of hk$0.48 per share . retail sales are expected to grow more briskly in Chengdu in 2017. . trading conditions for our hotels are expected to remain difficult in 2017. .retail sales are expected to grow modestly in Beijing in 2017. Full Article
HONG KONG A Chinese company plans to emulate a risky property strategy in Hong Kong that was used last year to buy a skyscraper from the tycoon Li Ka-shing, taking on a high degree of debt and selling off individual floors before the transaction closes.