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Henderson Land reports 66% profit surge on strong property sales

By PulseAugur Editorial · [1 sources] ·

Henderson Land, a Hong Kong-based developer, has reported a significant 66% increase in its underlying profit for the first half of the year, reaching HK$5.07 billion (US$646 million). This surge is attributed to a strong performance in property sales, with contracted sales in Hong Kong jumping 188% to HK$18.11 billion. The company plans to launch eight new residential projects in the latter half of the year, building on the success of recent developments like Chester and One Victoria Cove. AI

RANK_REASON Company financial results and future product launches. [lever_c_demoted from significant: ic=1 ai=0.0]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Henderson Land reports 66% profit surge on strong property sales

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Company financial results and future product launches. [lever_c_demoted from significant: ic=1 ai=0.0]
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48 days old
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COVERAGE [1]

  1. SCMP — Tech TIER_1 Dansk(DA) · Cheryl Arcibal ·

    Henderson Land posts 66% profit surge after run of strong sales

    Henderson Land Development, one of Hong Kong’s largest developers, reported a 66 per cent rise in its interim profit for the first half of the year following a strong run of property sales, according to its filing with the Hong Kong stock exchange on Thursday. The developer, cont…

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