Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00010 HANG LUNG GROUP
RTNominal down9.010 -0.020 (-0.221%)
Result Announcements

21/01/2020 13:18

Hang Lung Group (00010) 2019 net up 29% to HK$6,816m


[ET Net News Agency, 21 January 2020] Hang Lung Group Limited (00010) said for the
financial year ended 31 December 2019, the total revenue of the group declined 6% to
HK$9,435 million owing to a 76% drop of property sales income to HK$296 million. With the
robust growth and continuing expansion of the mainland China portfolio and the resilient
performance of the Hong Kong portfolio, the revenue of the core property leasing business
grew 4% year-on-year, in spite of a 4.3% RMB depreciation against Hong Kong Dollar. Total
operating profit decreased 5% to HK$6,898 million in the reporting period.
Net profit attributable to shareholders increased 29% to HK$6,816 million after taking
into account the revaluation gain on investment properties. Earnings per share increased
correspondingly to HK$5.01. The board of directors has resolved to declare a final
dividend of HK63 cents and a special dividend of HK26 cents for 2019. (RC)

Remark: Real time quote last updated: 28/03/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.