EconomySino Land profit rises 14% as property losses narrow, but core earnings fall
Sino Land’s net profit attributable to shareholders rose 14 per cent to HK$4.59 billion for the year ended June 30, from HK$4.02 billion a year earlier. Losses from investment-property revaluation narrowed to HK$192 million from HK$1.08 billion, but underlying earnings declined, signalling continued pressure on its core business.
Sino Land profit rises 14% as property losses narrow, but core earnings fall
Economy