Brief: Swire Properties Declares First Interim Dividend Of HK$0.33 Per Share

Swire Properties

10/08/2023 05:10

Aug 10 (Reuters) - Swire Properties Ltd  1972.HK :
    * DECLARED A FIRST INTERIM DIVIDEND FOR 2023 OF HK$0.33 PER
SHARE
    * HY UNDERLYING PROFIT ATTRIBUTABLE HK$3,901 MILLION VERSUS
HK$4,169 MILLION
    * HY REVENUE HK$7,297 MILLION VERSUS HK$6,910 MILLION
    * OUTLOOK FOR OUR RETAIL BUSINESS IN HONG KONG REMAINS
POSITIVE
    * LOOKING AT OFFICE SECTOR IN HONG KONG, WE EXPECT IT TO
REMAIN
WEAK FOR THE BALANCE OF 2023
    * FOR CHINESE MAINLAND RETAIL MARKET, OVERALL DEMAND FOR
RETAIL
SPACE EXPECTED TO BE STABLE & RECOVER STEADILY IN SECOND HALF OF
2023
    * OFFICE DEMAND AND MARKET SENTIMENT IN BEIJING, SHANGHAI &
GUANGZHOU EXPECTED TO RECOVER IN SECOND HALF OF 2023

Source text for Eikon:  ID:nHKS7tkdqj 
Further company coverage:  1972.HK 

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