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United Kingdom

Sun Hung Kai Properties Ltd (0016.HK)

0016.HK on Hong Kong Stock

127.80HKD
4:59am BST
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HK$1.90 (+1.51%)
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Volume
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Wed, Feb 27 2019

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.

Sun Hung Kai Properties interim profit down 31 pct

HONG KONG, Feb 27 Hong Kong's Sun Hung Kai Properties reported a 31 percent fall in half-year underlying profit on Wednesday, dragged down by a change in accounting standard which leads to later recognition of revenue.

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