Property News · August 8, 2019

Swire Pacific sees stronger headwinds as Hong Kong grapples with increasingly disruptive protests


Swire Pacific, one of Asia’s largest conglomerates, said that the protests in Hong Kong have affected many of its businesses, but is in a financially strong position to weather any challenges that could come its way.Swire Pacific, whose businesses span aviation, real estate and offshore marine services, on Thursday reported a near twelvefold increase in first-half underlying profit to HK$15.85 billion (US$2.02 billion) from HK$1.27 billion last year, boosted by the sale of Cityplaza Three and…

Source : South China Morning Post
Read more…Swire Pacific sees stronger headwinds as Hong Kong grapples with increasingly disruptive protests

You may also like...