EconomySHKP posts 4.6% profit rise amid Hong Kong property recovery
Sun Hung Kai Properties, Hong Kong’s largest developer by market capitalisation, said underlying profit for the year to June rose 4.6% to HK$22.85 billion. Reported profit reached HK$21.43 billion, supported by a HK$1.38 billion net investment-property revaluation gain, compared with a HK$742 million loss a year earlier.
SHKP posts 4.6% profit rise amid Hong Kong property recovery
Economy