Brief: Swire Properties Posts FY Reported Net Profit Attributable Of HK$‍33,957​ Million

Swire Properties

15/03/2018 04:22

March 15 (Reuters) - Swire Properties Ltd  1972.HK :
    * FY REPORTED NET PROFIT HK$‍33,957​ MILLION VERSUS
HK$15,050
MILLION
    * FY REVENUE HK$18,558 MILLION VERSUS HK$16,792 MILLION
    * ‍DECLARED A SECOND INTERIM DIVIDEND OF HK$0.52 PER SHARE​
    * "RETAIL SALES ARE EXPECTED TO GROW SATISFACTORILY IN
BEIJING IN
2018"
    * "IN CENTRAL DISTRICT OF HONG KONG, HIGH OCCUPANCY AND
LIMITED
SUPPLY WILL CONTINUE TO UNDERPIN OFFICE RENTS IN 2018"
    * ‍WITH INCREASED SUPPLY, OFFICE RENTS IN BEIJING ARE
EXPECTED TO
COME UNDER PRESSURE IN 2018​

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9wqggg
Further company coverage:  1972.HK 

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