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Tsim Sha Tsui Properties Limited ( (HK:0247) ) has shared an update.
Tsim Sha Tsui Properties Limited reported an underlying profit of HK$2,960 million for the financial year ending June 30, 2025, with a net profit of HK$2,331 million after accounting for revaluation losses. The company declared a total dividend of HK58 cents per share, with an option for shareholders to receive the final dividend in new shares. Sino Land, a major part of the group’s operations, achieved HK$10,813 million in property sales revenue, with several projects nearing full sales. Looking forward, Sino Land plans to launch new projects, contingent on pre-sale consents and market conditions.
The most recent analyst rating on (HK:0247) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Tsim Sha Tsui Properties Limited stock, see the HK:0247 Stock Forecast page.
More about Tsim Sha Tsui Properties Limited
Tsim Sha Tsui Properties Limited is a company incorporated in Hong Kong with a significant focus on real estate development and sales. A substantial portion of its operations is represented by Sino Land Company Limited, in which it holds a 57.67% interest. Sino Land is involved in property sales, including residential units and car parking spaces, across various projects in Hong Kong and Singapore.
Average Trading Volume: 3,700
Technical Sentiment Signal: Buy
Current Market Cap: HK$43.29B
See more insights into 0247 stock on TipRanks’ Stock Analysis page.