[ET Net News Agency, 30 July 2020] Hang Lung Properties Limited (00101) said its total
revenue for the six months ended 30 June 2020 stayed flat at HK$4,184 million, and
operating profit decreased 5% to HK$3,041 million, mainly attributable to the adverse
effects brought on by the outbreak of the novel coronavirus disease.
Underlying net profit attributable to shareholders fell 11% to HK$1,989 million.
Underlying earnings per share decreased correspondingly to HK$0.44.
After taking into account the net revaluation loss of properties attributable to
shareholders of HK$4,526 million, Hang Lung Properties reported a net loss attributable to
shareholders of HK$2,537 million (2019: net profit of HK$3,516 million). The loss per
share was HK$0.56.
The board of directors has declared an interim dividend of HK17 cents per share for
2020. (RC)
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00101 HANG LUNG PPT
Nominal 
8.360 -0.040 (-0.476%) Result Announcements
30/07/2020 12:41
Hang Lung PPT (00101) interim net turns loss at HK$2,537m
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