Hongkong Land Holdings Ltd

H78: XSES (SGP)
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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.

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