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  • October 3, 2014
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  1. SHKP profit plunges 62.5pc as investment earnings fall

    Posted Sep 16th 2009, 12:00am by Sandy Li

    ... Sandy Li Sun Hung Kai Properties, the city's largest developer by market value, said net profit plunged 62.5 per cent in the year to June as investment earnings fell along with the fair value of its properties. Owing to the sharp fall in profit on the disposal of long-term investments and a decrease in the fair value of investment properties, net profit came to HK$10.35 ...

  2. Shun Tak net tumbles 56pc

    Posted Sep 19th 2003, 12:00am by Sandy Li

    ... Sandy Li Casino tycoon Stanley Ho Hung-sun's Shun Tak Holdings recorded a 56.96 per cent fall in interim profit to $119.8 million as property sales dropped and the ferry services, mainly between Hong Kong and Macau, were adversely affected by the Sars outbreak. Interim dividend was cut from 3.5 cents a year ago to 1.5 cents. Earnings per share were 6.2 cents against 16 ...

  3. Cheung Kong bullish on property

    Posted Aug 22nd 2003, 12:00am by Sandy Li

    ... cent from $1.66. Commenting on the property market and what stimulus measures the government should draw up to stabilise home prices, deputy chairman Victor Li Tzar-kuoi said the property ... On whether the government should increase land supply, Mr Li said the administration should strike a balance between the profit of developers, job prospects in the construction industry ...

  4. Esprit reveals aggressive plans

    Posted Sep 19th 2003, 12:00am by Sandy Li

    ... The fashion retailer will double capital spending to $600 million in Europe Esprit Holdings plans to double capital outlays to more than $600 million, primarily to pay for new openings and store refurbishments in Europe. The clothing and fashion retailer ...

  5. Kerry Properties reports $591m loss

    Posted Sep 09th 2003, 12:00am by Sandy Li

    ... Luxury residential developer Kerry Properties recorded an interim loss of $591.06 million yesterday after a tax write-back cushioned the impact of revaluations. A $131 million tax write-back saw the company's interim loss, its first since listing in ...

  6. Dickson Concepts to issue chairman first pay cheque

    Posted Aug 27th 2003, 12:00am by Sandy Li

    ... After 18 years of work, Dickson Poon will receive $7 million for his services After 18 years of work, Dickson Poon will finally draw a pay cheque. Dickson Concepts (International), the company he chairs, said yesterday it would pay Mr Poon more than $7 mi ...

  7. China Travel at 5-year low on Sars and charges

    Posted Aug 19th 2003, 12:00am by Sandy Li

    ... Hotel and tour operator scraps dividend after recording a loss of $290.92 million China Travel International Investment Hong Kong (CTII) reported its first loss in five years yesterday after Sars took a devastating toll on tourism and a decline in the val ...

  8. Giordano expects mainland visitors to bolster income

    Posted Aug 08th 2003, 12:00am by Sandy Li

    ... The retailer is bullish on the second half despite a 65 per cent plunge in profit Giordano International has painted an optimistic picture for the Hong Kong retail market, anticipating an increased influx of tourists from Guangdong after the easing of ent ...

  9. CRA to expand Circle K with 1,000 mainland stores

    Posted Jul 29th 2003, 12:00am by Sandy Li

    ... Convenience Retail Asia (CRA), which operates Circle K convenience stores in Hong Kong and the China, will embark on an aggressive mainland expansion to open 1,000 outlets by 2005. The Growth Enterprise Market-listed company yesterday announced its interi ...

  10. Shangri-La mulls Sars claim

    Posted Jul 28th 2003, 12:00am by Sandy Li

    ... Shangri-La Asia is the latest luxury hotel operator to look at the possibility of making an insurance claim for loss of revenue caused by the Sars outbreak in Hong Kong. 'Individual Shangri-La hotels in Hong Kong, Singapore and the mainland are looki ...




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