Hong Kong property developer Henderson Land Development, chaired by tycoon Lee Shau-kee, said on Wednesday profit attributable to its owners inched up by 1 per cent last year, while that of K Wah International, chaired by billionaire Lui Che-woo, rose by 3.6 per cent, in a reflection of Hong Kong’s cooling housing market.Profit attributable to equity shareholders for the year to December 31, 2018 stood at HK$31.16 billion (US$3.96 billion), an increase of 1 per cent, Henderson Land, one of the…
Source : South China Morning Post
Read more…Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019















