(Corrects to show number in first paragraph is in Hong Kong dollars, not U.S. dollars. Adds U.S. dollar conversion)
HONG KONG, Sept 14 (Reuters) - Sun Hung Kai Properties Ltd , Hong Kong’s largest developer by market value, on Thursday posted a full-year underlying profit of HK$25.97 billion ($3.32 billion), in line with estimates, thanks to robust sales in one of the world’s most expensive property markets.
The figure represents a 7.43 percent rise in underlying profit in the fiscal year ending June 30 for the company, which has a market value of HK$396.3 billion.
The underlying profit matched a forecast of HK$25.92 billion by 18 analysts polled by Thomson Reuters StarMine Smart Estimates. ($1 = 7.8116 Hong Kong dollars) (Reporting by Venus Wu)