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Hongkong Land Holdings Limited -2016 Preliminary Announcement of Results
Hamilton, Bermuda – 02 March, 2017In a filing with the Bermuda Stock Exchange (“BSX”), Hongkong Land Holdings Limited (the “Company”; Ticker: HKLBD.BH) announced its 2016 preliminary results. The filing stated:
Highlights
Highlights
• Underlying profit down 6%
• Continued strong contribution from commercial portfolio
• Steady residential contribution from mainland China and Singapore
• Net assets per share up 9% on higher capital values
“A stable performance is anticipated from Hongkong Land’s commercial property portfolio in 2017, while in the Group’s residential business a higher contribution from mainland China is expected to be offset by lower profits from Singapore.”
Ben Keswick
Chairman
The full press release can be viewed using the following link:
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For further information, please contact:
Hongkong Land Limited |
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Robert Wong |
(852) 2842 8428 |
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Simon Dixon |
(852) 2842 8101 |
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Brunswick Group Limited |
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Marie Filotti |
(852) 3512 5059 |
Full text of the Preliminary Announcement of Results and the Preliminary Financial Statements for the year ended 31st December 2016 can be accessed through the Internet at ‘www.hkland.com’.
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