Property News · August 2, 2018

CK Asset reports 20pc gain in profit for first half of 2018 in strong showing for new chairman


Victor Li Tzar-kuoi’s CK Asset Holdings announced a 20 per cent increase in core profit for the first half of the year, partly thanks to the world-record breaking sale of The Center in Central at HK$40.2 billion (US$5.15 billion).
The interim results, announced Thursday, were the first for Li since he took over as chairman of CK Asset in May upon the retirement of his dad, Li Ka-shing, Hong Kong’s richest man.
The underlying profit, excluding investment property revaluation and…

Source : South China Morning Post
Read more…CK Asset reports 20pc gain in profit for first half of 2018 in strong showing for new chairman