This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
HONGKONG LAND HOLDINGS LIMITED HALF-YEARLY RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2016
Hamilton, Bermuda – 1 August, 2016 – In a filing with the Bermuda Stock Exchange, Hongkong Land Holdings Limited (the “Company”; Ticker: HKLBD.BH) announced its results for the six months ending 30th June 2016. The filing stated:
Highlights
Underlying profit down 6%
Commercial portfolio benefited from low market vacancy
Steady contribution from mainland China residential business
Profit attributable to shareholders enhanced by gain on property revaluations
“While the performance from the Group’s commercial portfolio is expected to remain stable for the full year, earnings from the residential business are likely to be lower as an improved contribution from mainland China will be more than offset by lower contributions elsewhere.”
Ben Keswick
Chairman
ResultsThe full press release has been published on the Company’s website: http://www.hkland.com/data/media_releases/investor_relations/2016/a160728.pdf
For further information, please contact:
Hongkong Land Limited
Y.K. Pang (852) 2842 8428
Simon Dixon (852) 2842 8101
Brunswick Group Limited
Annabel Arthur (852) 3512 5075