Property News · August 23, 2018

Henderson Land reports 52pc interim profit jump


Henderson Land Development, the property giant chaired by Lee Shau-kee, saw core earnings soar 52 per cent in the first half of the year, driven mainly by a hefty gain from two asset disposals.
The firm, expecting offer another 2,300 flats for sale in the second half of this year, remained upbeat about the market outlook.
“The recent US-China trade disputes have obscured the global economic outlook,” the company said in a filing to the stock exchange on Thursday.
“Nevertheless…

Source : South China Morning Post
Read more…Henderson Land reports 52pc interim profit jump