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Hongkong Land Holdings Limited -2015 Preliminary Announcement of Results
Hamilton, Bermuda – 03 March, 2016 In a filing with the Bermuda Stock Exchange (“BSX”), Hongkong Land Holdings Limited (the “Company”; Ticker: HKLBD.BH) announced its 2015 preliminary results. The filing stated:
Highlights
· Sound result in 2015
· Continued strong performance from commercial portfolio
· Entry into Shanghai with prime mixed-use site
· Stable asset values
“While trading profits from the Group’s operations should remain sound in 2016, a educed contribution from residential developments is expected to result in underlying earnings being lower.”
Ben Keswick
Chairman
The full press release can be viewed using the following link:
www.bsx.com/CompanyDocuments/2015%20Financials/Hongkong%20Land%20Q4%202015.pdf
For further information, please contact:
Hongkong Land Limited
Y.K. Pang (852) 2842 8428
John R. Witt (852) 2842 8101
Brunswick Group Limited
Annabel Arthur (852) 3512 5075
Full text of the Preliminary Announcement of Results and the Preliminary Financial Statements for the year ended 31st December 2015 can be accessed through the Internet at ‘www.hkland.com’.