Property News · August 27, 2025

Sino Land profit falls due to lower rental income, falling occupancies


Hong Kong developer Sino Land on Wednesday said its net profit for the financial year that ended on June 30 fell from a year earlier as strong residential sales were offset by lower rental income and falling occupancies.
After taking into account a one-time loss of HK$1.08 billion (US$138.7 million) from the revaluation of its investment properties, the developer said its net profit fell to HK$4.02 billion from HK$4.4 billion a year earlier.
Net income excluding one-off gains or losses fell…

Source : South China Morning Post
Read more…Sino Land profit falls due to lower rental income, falling occupancies

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