Swire Properties (01972) said its profit attributable to shareholders for the six months ended 30 June 2017 soared 176.8% year-on-year to HK$14,763 million.
Basic and diluted earnings per share were HK$2.52.
The revenue was HK$11,525 million, an increase of 46.1% from a year earlier.
Underlying profit attributable to shareholders, which principally adjusts for changes in the valuation of investment properties, grew 30% year-on-year to HK$4,628 million, principally reflected higher trading profits from the sale of luxury residential properties in Hong Kong.
The proposed first interim dividend is HK25 cents (2016: HK23 cents) per share, payable on 11 October.