Hang Lung Group (00010) said its net profit attributable to shareholders for the financial year ended 31 December 2014 rose 49.8% year-on-year to HK$6,825 million.
Its basic and diluted earnings per share were HK$5.04 and HK$5.03.
The underlying net profit attributable to shareholders reached HK$5,730 million, up 87% year-on-year.
Turnover and operating profit of the Group jumped 81% and 85% year-on-year to HK$17,606 million and HK$13,406 million. Turnover from property leasing rose 8% to HK$7,792 million, with the mainland China portfolio achieved a 9% rental growth and Hong Kong recorded a 6% increase, when compared to 2013. Riding on improved sentiments in Hong Kong residential markets, a total of 412 residential units and some car parking spaces were sold in 2014. Turnover from property sales jumped 2.9 times to HK$9,814 million.
The proposed final dividend is HK62 cents (2013: HK61 cents) per share, payable on 19 May.
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