Sino Land (00083) said its net profit attributable to shareholders for the year ended 30 June 2014 dropped 23.7% year-on-year to HK$8,921.4 million.
Its basic earnings per share were HK$1.493.
The underlying net profit attributable to shareholders, excluding the effect of fair-value changes on investment properties, was HK$5,021.8 million, down 24.3% year-on-year.
The turnover was HK$7.45 billion, a decrease of 4.7% from a year earlier. Total revenue from property sales recognised for the financial year ended 30 June, 2014, including property sales of associates recognised by the Group, was HK$4,644.7 million, a decrease of 67.1% year-on-year. The gross rental revenue, including attributable share from associates and joint ventures, increased 8.3% to HK$3,450.7 million.
The proposed final dividend is HK38 cents (2013: HK38 cents) per share, with an option to receive the final dividend in new shares in lieu of cash, payable on or about 2 December.
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