Sun Hung Kai Properties (SHKP) (00016) said its profit attributable to shareholders for the year ended 30 June 2014 dropped 16.9% year-on-year to HK$33,520 million.
The underlying profit attributable to shareholders, excluding the effect of fair-value changes on investment properties, amounted to HK$21,415 million, up 15% year-on-year
Its basic and diluted earnings per share were HK$12.45 and HK$12.43.
The revenue was HK$75,100 million, an increase of 39.6% from a year earlier.
Revenue from property sales for the year, including revenue from joint-venture projects, was HK$36,330 million, up 81% year-on-year. Profit generated from property sales was HK$10,511 million, up 46.1% from a year ago. Contracted sales for the financial year amounted to HK$27,778 million in attributable terms, versus last year's HK$32,905 million.
The proposed final dividend is HK$2.4 (2013: HK$2.4) per share, payable on 28 November.