Brief: Swire Properties Posts FY Reported Net Profit Attributable HK$4,096 Million

Swire Properties

11/03/2021 10:01

March 11 (Reuters) - Swire Properties Ltd  1972.HK :
    * SWIRE PROPERTIES LTD- FY REPORTED NET PROFIT ATTRIBUTABLE
HK$
4,096 MILLION VERSUS HK$13,423 MILLION
    * SWIRE PROPERTIES LTD- FY REVENUE HK$13,308 MILLION VERSUS
HK$14,222 MILLION
    * SWIRE PROPERTIES LTD - DECLARED SECOND INTERIM DIVIDEND OF
HK$0.61 PER SHARE
    * SWIRE PROPERTIES LTD- DECLARED A SECOND INTERIM DIVIDEND
OF
HK$0.61 PER SHARE
    * SWIRE PROPERTIES LTD - IN GUANGZHOU, SHANGHAI AND BEIJING,
WE
EXPECT OFFICE MARKET TO RECOVER MODESTLY IN 2021
    * SWIRE PROPERTIES LTD-  DECISION TO CONTINUE OFFERING
RENTAL
CONCESSIONS TO TENANT PARTNERS WILL LIKELY HAVE AN ADVERSE
IMPACT ON 2021 RESULTS
    * SWIRE PROPERTIES LTD-  EXPECT STRONG DEMAND FOR RETAIL
SPACE
FROM LUXURY BRANDS IN 2021 IN GUANGZHOU AND CHENGDU

Source text for Eikon:  ID:nHKS66hp7S 
Further company coverage:  1972.HK 

 ((Reuters.Briefs@thomsonreuters.com;))