28 Feb Sun Hung Kai’s interim profit rises on valuation gain, eyes boost from ‘downward trend’ in interest rates
Posted at 13:15h
in Asia
Its interim net profit stood at HK$9.145 billion (US$1.17 billion), or HK$3.16 per share, 9 per cent higher than a year earlier. The increase was driven by a rise in the fair value of its investment properties net of deferred taxation and non-controlling interests worth...