[ET Net News Agency, 30 January 2018] Hang Lung Group (00010) said its net profit
attributable to shareholders for the year ended 31 December 2017 rose 43.1% year-on-year
to HK$5,314 million.
Earnings per share were HK$3.9.
Underlying net profit attributable to shareholders amounted to HK$3,314 million, a
decrease of 12.1% year-on-year.
Total revenue decreased 14% to HK$11,774 million because of lower contribution from
property sales due to fewer residential units sold this year. Revenue of property leasing
was flat at HK$8,354 million, but was up 3% when excluding areas closed for asset
upgrading. Income from property sale decreased 36% to HK$3,420 million. Total operating
profit decreased 11% to HK$8,312 million.
The proposed final dividend is HK61 cents (2016: HK61 cents) per share, payable on 16
May. (HL)
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00010 HANG LUNG GROUP
Nominal 
9.190 +0.050 (+0.547%) Others
30/01/2018 12:28
Hang Lung Group year net up 43% to HK$5.31bn; div HK61 cts
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