Hongkong Land Holdings Ltd
H78: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $.m | LOCK|PtMn | LOCK|y@t#gW |
Hongkong Land Earnings: Trends In Line; Uncertainty in China Residential Sales Remains
Hongkong Land reported an 11% year-on-year increase in first-half underlying profit (excluding non-cash provisions in China), driven by stronger build-to-sell profits from increased project completions. This was partly offset by a 12% decline in underlying profit from investment properties.
