TC

22/03/2017 16:34

CK Property (1113) year net up 13% to HK$19.4bn; div HK$1.15

    Cheung Kong Property (01113) said its profit attributable to shareholders for the year ended 31 December 2016 rose 13.45% year-on-year to HK$19,415 million.
  Earnings per share amounted to HK$5.05.
  The revenue was HK$69,910 million, an increase of 18.9% from a year earlier.
  Revenue of property sales (including share of joint ventures) recognised for the year was HK$56,804 million, up 15.8% year-on-year. Contribution from property sales (including share of joint ventures) for the year was HK$17,667 million, up 13.8%.
  Profit before investment property revaluation was HK$18,032 million, an increase of 16% compared with 2015. An increase in fair value of investment properties of HK$1,383 million after tax was recorded.
  The proposed final dividend is HK$1.15 (2015: HK$1.05) per share, payable on 31 May 2017.

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