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Hongkong Land Holdings Limited - 2018 Preliminary Announcement of Results
Hamilton, Bermuda – 28 February 2019 - In a filing with the Bermuda Stock Exchange (“BSX”), Hongkong Land Holdings Limited (the “Company”; Ticker: HKLBD.BH) announced its 2018 preliminary results.
Highlights
· Underlying profit up 9% to a record US$1,036 million
· Full-year dividend increases 10%
· Stable asset values
· Twelve new projects secured
“The profit contribution from the Group’s Investment Properties is expected to remain stable in 2019, while anticipated higher profits from the Group’s Development Properties in mainland China as a result of more completions will be offset by lower contributions from other markets.”
Ben Keswick
Chairman
To view the remainder of the Press Release please use the following link: