Property News · August 22, 2017

Henderson’s interim profit more than doubles in Hong Kong’s real estate boom


Henderson Land Development’s interim earnings more than doubled, as booming sales in the world’s most expensive real estate market helped meet its full-year sales target within six months, and bolstered its bottom line.
Underlying profit, excluding revaluation gains on investment properties jumped to HK$10.73 billion (US$1.37 billion) in the first six months, from last year’s HK$4.78 billion, according to a statement to Hong Kong’s stock exchange. Net profit, taking into…

Source : South China Morning Post
Read more…Henderson’s interim profit more than doubles in Hong Kong’s real estate boom

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