Property News · February 28, 2018

Hong Kong developer Sino Land to give special dividend after core profit rises by 218 per cent


Hong Kong developer Sino Land said on Wednesday it will pay out a special dividend after posting a 218.6 per cent jump in underlying profit for the July to December period. Its earnings were helped by a one-off gain from the disposal of a development in Chengdu, which also offset a sharp decline in property sales.
The special dividend of 45 HK cents will be given on top of an interim dividend of 13 HK cents.
The underlying net profit attributed to shareholders, excluding the effect of fair…

Source : South China Morning Post
Read more…Hong Kong developer Sino Land to give special dividend after core profit rises by 218 per cent

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