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BRIEF-Sun Hung Kai Properties posts FY underlying profit attributable of HK$ 25,965 million
September 14, 2017 / 8:45 AM / a month ago

BRIEF-Sun Hung Kai Properties posts FY underlying profit attributable of HK$ 25,965 million

Sept 14 (Reuters) - Sun Hung Kai Properties Ltd

* 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​ Source text for Eikon: [ID:bit.ly/2wYdIvS] Further company coverage:

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