Sun Hung Kai Properties (HK:0016) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Sun Hung Kai Properties reported a decrease in annual underlying profit to HK$21,739 million from last year’s HK$23,885 million, with a reduced earnings per share of HK$7.50. Despite this, rental income saw a 3% increase. The company also announced a final dividend of HK$2.80 per share, totaling a 24% decrease from the previous year’s dividend.
For further insights into HK:0016 stock, check out TipRanks’ Stock Analysis page.