Property News · August 12, 2021

Swire’s flagships post strong interim results, capping family scion’s helmsmanship of Hong Kong units through rough times


The Swire Group’s two publicly listed flagship companies delivered strong financial results in the first six months of 2021, marking a strong bookend to the tenure of Merlin Bingham Swire before the six-generation scion of the founder steps down on August 24 as chairman.Swire Pacific, one of Asia’s largest conglomerates, returned to profit with HK$1.26 billion (US$162 million) in underlying interim net income, swinging from a loss of HK$5.48 billion last year. Sales of the group, with…

Source : South China Morning Post
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