Henderson Land Development Co Ltd
00012: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| tz> | LOCK|>XV | LOCK|xz#@%&R |
Henderson Land Earnings: Sales Margin Disappoints but Residential Recovery Outlook Intact
Henderson Land's 2025 underlying profit declined 38%, driven by lower investment property sales and gains from farmland resumptions, as well as weak property development margins. Full-year dividends were down 30% year on year to HKD 1.27 per share.
