Brief: Swire Properties says FY reported net profit rose 7 pct

Swire Properties

16/03/2017 04:01

March 16 (Reuters) - Swire Properties Ltd  1972.HK  
    * fy reported net profit hk$ 15,050 million versus hk$14,072 
million a year ago 
    * fy revenue hk$16,792 million versus hk$16,447 million 
    * retail sales are expected to grow modestly in Guangzhou in 
2017 
    * office rents in Beijing are expected to be weak in 2017 
    * directors have declared a second interim dividend of 
hk$0.48 per share 
    * retail sales are expected to grow more briskly in Chengdu 
in 2017. 
    * trading conditions for our hotels are expected to remain 
difficult in 2017. 
    * retail sales are expected to grow modestly in Beijing in 
2017 
 
Source text for Eikon:  ID:nHKS2PyQpW  
Further company coverage:  1972.HK  
 
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