Property News · August 21, 2017

Kerry Properties posts 98pc jump in interim profit


Major developer Kerry Properties gave an optimistic outlook on the prospect of the year’s second half, after posting a 98 per cent rise in underlying interim profit as the back of a surge in flats delivery from a Hong Kong project.
The company recorded a net profit from underlying operations of HK$2.83 billion (US$362 million) in the year’s first six months, up from HK$1.43 billion in the same period last year, it said in a filing to Hong Kong’s bourse on Monday.
It amounted…

Source : South China Morning Post
Read more…Kerry Properties posts 98pc jump in interim profit

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