Brief: Sun Hung Kai Properties Recommends Final Dividend Of HK$3.70 Per Share

Sun Hung Kai Properties

10/09/2020 09:44

Sept 10 (Reuters) - Sun Hung Kai Properties Ltd  0016.HK :
    * RECOMMENDED FINAL DIVIDEND OF HK$3.70 PER SHARE
    * GROUP'S UNDERLYING PROFIT ATTRIBUTABLE FOR YEAR HK$29,368
MILLION VERSUS HK$32,398 MILLION
    * FY REVENUE HK$82,653 MILLION VERSUS HK$85,302 MILLION
    * WHILE NEW PROJECTS WILL CONTINUE TO BE LAUNCHED FOR SALE,
MARKET
RESPONSE IS EXPECTED TO BE UNCERTAIN
    * PERFORMANCE OF GROUP'S PROPERTY INVESTMENT PORTFOLIO WILL
INEVITABLY BE AFFECTED BY SLUGGISH ECONOMY & COVID-19 PANDEMIC
    * MEDIUM-TERM EARNINGS PROSPECTS ARE EXPECTED TO BE
UNCERTAIN

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6jqSCy
Further company coverage:  0016.HK 

 (Reuters.Briefs@thomsonreuters.com)