Hongkong Land 1H26 underlying profit rises 11% to US$259 million; profit attributable to shareholders swings to US$1.26 billion
Reuters2026/07/28 11:45By:Reuters
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- Hongkong Land 1H 2026 underlying profit attributable to shareholders rose 11% to US$259 million; underlying EPS increased 14% to 12.07 US¢.
- Profit attributable to shareholders was US$1.26 billion, up from US$221 million a year earlier, on higher asset valuations.
- Revenue fell 15.78% to US$632.7 million; adjusted free cash flow dropped 37% to US$253 million.
- Net asset value per share rose 3% to US$14.71; net debt declined 5% to US$3.4 billion, cutting gearing to 11%.
- Interim dividend lifted to US¢8.00 per share; outlook upgraded with full-year underlying profit expected to match 1H growth.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hongkong Land Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: NZYS9ZDEFYD19D4D) on July 28, 2026, and is solely responsible for the information contained therein.
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