LONDON--Property investment and development firm Hongkong Land
Holdings Ltd (H78.SG), Thursday posted a 1.1% rise in pretax profit
during the half year-end, and said the group is well positioned in
its key markets.
MAIN FACTS:
-The company recorded pretax profit of 689.5 United States
dollars during the half year-ended June 30, compared with $681.8
million a year earlier.
-Revenue $912.0 million versus $478.4 million
-Net asset value per share $11.21 versus $11.11
-Operating profit $435.6 million versus $609.0 million
-Net profit $598.4 million versus $625.5 million
-Basic and diluted earnings per share 22.08 cents versus 25.43
cents
-Interim dividend per share 6.00 cents versus 6.00 cents
-Net debt $3.32 billion versus $3.27 billion
-Hongkong Land Holdings shares in London at 0925 GMT traded down
2.0 cents, or 0.3%, at 675.0 cents, valuing the company at $15.93
billion. -Write to Razak Musah Baba at razak.baba@wsj.com
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