Brief: Swire Properties Says HY Reported Profit Attributable Hk$8,973 Mln

Swire Properties

08/08/2019 08:59

Aug 8 (Reuters) - Swire Properties Ltd  1972.HK :
    * HY REPORTED PROFIT ATTRIBUTABLE HK$8,973 MILLION VERSUS
HK$21,205 MILLION
    * HY REVENUE HK$ 7,510 MILLION VERSUS HK$7,309 MILLION
    * DECLARED A FIRST INTERIM DIVIDEND OF HK$0.29 PER SHARE
    * PROTESTS IN HONG KONG HAVE HAD SOME EFFECT ON RETAIL SALES
AT
CO'S MALLS PARTICULARLY AT PACIFIC PLACE
    * IF PROTESTS CONTINUE, SALES ARE LIKELY TO CONTINUE TO BE
AFFECTED
    * SWIRE PROPERTIES - IN HONG KONG, RENTAL DEMAND FOR
RESIDENTIAL
INVESTMENT PROPERTIES IS EXPECTED TO BE STABLE IN SECOND HALF OF
2019
    * SWIRE PROPERTIES SEES TRADING CONDITIONS FOR HOTELS STABLE
IN H2
BUT OCCUPANCY IN HK AFFECTED BY PROTESTS, LIKELY TO CONTINUE IF
SITUATION PERSISTS

Source text for Eikon:  ID:nHKS6NvHJg 
Further company coverage:  1972.HK 

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