HANG LUNG PPT's profit fell by about 46% last year
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HANG LUNG PPT reported a profit of HKD 2.153 billion last year, a year-on-year decrease of 45.8%. The final dividend per share is HKD 0.4, a reduction of about 33%. Basic earnings fell by 25% to HKD 3.095 billion, mainly due to a decrease in rental operating profit and an increase in financial expenses. The group's revenue rose by 9% to HKD 11.24 billion, with property rental income of nearly HKD 9.52 billion, a year-on-year decrease of 6%. Property sales revenue was nearly HKD 1.54 billion, with no related income in the previous year. HANG LUNG GROUP reported a profit of HKD 1.613 billion last year, a year-on-year decrease of 42.6%
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