Brief: Sino Land says FY net profit HK$7.090 billion

Sino Land

24/08/2016 09:31

Aug 24 (Reuters) - Sino Land Co Ltd  0083.HK : 
 
 * Final results  0083.HK  
 * FY net profit HK$7.090 billion versus HK$9.37 billion 
 * Hong Kong property market continues to consolidate as a result of economic and property- related policies 
 * FY turnover HK$10.8 billion versus HK$21.84 billion 
 * Group is well- positioned to respond to challenges ahead" 
 * Directors have resolved to recommend a final dividend of 38 cents per share in respect of the year ended 30th June 
 * As at 30th June, 2015 estimated total capital expenditure was A$227.7 million 
 
* Source text for Eikon  urn:newsml:reuters.com:*:nHKSbZYBCg 
 
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