Property News · March 9, 2017

Wharf delivers 25pc rise in annual core earnings


Wharf (Holdings), the Hong Kong conglomerate whose interests are spread across property, telecommunications and infrastructure, enjoyed a 25 per cent rise in core annual earnings last year, helped by rising property income from both Hong Kong and the mainland.
Excluding a revaluation gain on investment properties, underlying profit was HK$13.8 billion (US$1.78 billion), or HK$4.54 per share, in line with the analyst expectations.
Total revenue rose 14 per cent to HK$46.6 billion, while revenue…

Source : South China Morning Post
Read more…Wharf delivers 25pc rise in annual core earnings

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