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Hong Kong's largest developer SHKP posts 4.6% rise in underlying profit to HK$22.85 billion (US$2.91 billion) for year ending June
Sun Hung Kai Properties (SHKP), Hong Kong’s biggest developer by market capitalisation, reported its underlying profit for the year ending June rose 4.6 per cent to HK$22.85 billion (US$2.91 billion), excluding investment property revaluations. Its reported profit increased to HK$21.43 billion, backed by a HK$1.38 billion net revaluation gain, according to its filing with the Hong Kong stock exchange on Thursday.
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