Hang Lung Group's (HKG:0010) attributable profit fell to HK$888 million in the first half from HK$1.68 billion in the year-ago period, according to a Tuesday filing with the Hong Kong Stock Exchange.
Earnings per share at the real estate conglomerate decreased to HK$0.65 from HK$1.24 in the previous year.
Revenue, however, grew to HK$6.38 billion from HK$5.53 billion a year earlier.
The company declared a dividend of HK$0.21 per share, payable Sept. 25 to shareholders on record as of Aug. 16.
Price (HKD): $8.54, Change: $-0.42, Percent Change: -4.69%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments