Brief: Hang Lung Properties says FY net profit hk$6.20 billion vs hk$5.09 billion last year

Hang Lung Properties

26/01/2017 04:10

Jan 26 (Reuters) - Hang Lung Properties Ltd  0101.HK  
    * Fy revenue hk$ 13.059 billion versus hk$8.95 billion last 
year 
    * Fy net profit hk$6.20 billion versus hk$5.09 billion last 
year 
    * Says proposed final dividend of  hk 58 cents per share 
    * "Widely expected that market volatility will increase over 
time" 
    * Expected that both China and Hong Kong will continue to 
face challenges posed by slow economic growth, weak retail 
consumption sentiment 
    * In 2017, our focus is to drive rental growth in Hong Kong 
and expand occupancy in cities outside Shanghai 
    * "Moderate growth in office rental income is still expected 
in 2017" 
 
Source text for Eikon:  ID:nHKS3frgqx  
Further company coverage:  0101.HK  
 
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