Property News · August 28, 2025

Shanghai-focused Shui On Land says first-half net income falls 29%


Hong Kong-listed property developer Shui On Land on Thursday said its first-half net income fell 29 per cent from a year earlier, as the mainland real estate market remained challenged, though it added that Shanghai’s luxury market was resilient.
In a filing with the Hong Kong stock exchange, the company said its profit attributable to shareholders fell to 51 million yuan (US$7.1 million) from 72 million yuan a year earlier, as the mainland market was affected by trade tensions, geopolitical…

Source : South China Morning Post
Read more…Shanghai-focused Shui On Land says first-half net income falls 29%

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