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  • September 18, 2014
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Results 1 - 10 of 213 for rental expense

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  1. Great Eagle profit surges 21pc on higher rents

    Posted Sep 17th 2008, 12:00am by Staff Reporter

    ... growth in net rental income to HK$240.6 million on improved expense ratios and higher occupancy. Operating profit of the hotel business slumped 82 per cent to HK$54.38 million on a slower global economy, renovation works and rebranding expenses. Including revaluation gains from investment properties, net profit fell 78.8 per cent to HK$129.9 million from HK$613.8 million. Turnover rose 22 ...

  2. Wharf earnings jump 28pc on strong rental income growth

    Posted Aug 31st 2010, 12:00am by Peggy Sito, Yvonne Liu

    ... Yvonne Liu and Peggy Sito Wharf (Holdings) said yesterday core earnings increased 27.7 per cent in the first half, thanks to strong growth in rental income from retail properties. ... was mainly from increasing rental income from its main malls, Times Square in Causeway Bay and Harbour City in Tsim Sha Tsui. The growth in retail rental income offset the 8 per cent fall ...

  3. Hysan reaps rewards of improved rental income

    Posted Mar 11th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Hysan Development, the largest landlord in Causeway Bay, yesterday posted a 4.1 per cent rise in earnings from its core business, helped by an improvement in rental income. ... The growth was due to a 3.8 per cent rise in office rental income and a 3.5 per cent increase in retail rental income. The landlord generated total revenue of HK$747 million from office properties, ...

  4. Rental income, property sales lift Wharf underlying earnings 86pc

    Posted Mar 24th 2010, 12:00am by Sandy Li

    ... Sandy Li Wharf (Holdings) has raised its final dividend by 45.45 per cent after reporting record underlying profit last year, driven by strong retail rental income, a sharp increase in mainland property sales and one-off disposal gains on investments. The firm, which owns the Harbour City shopping centre in Tsim Sha Tsui and Times Square in Causeway Bay, said underlying earnings ...

  5. Hysan profit dips 4.1pc but rentals buoyant

    Posted Aug 12th 2009, 12:00am by Staff Reporter

    ... investments, but its overall rental business remained resilient. Recurring underlying profit was HK$580 million for the six months to June, compared with HK$605 million a year earlier. The decline ... the first half, said executive director Wendy Yung Wan-yee. However, rentals for new contracts signed in the first half were 37 per cent higher than contracts signed three years ago, which helped ...

  6. Developers offer rental guarantees

    Posted Dec 03rd 2004, 12:00am by Sandy Li

    ... Sandy Li and Ernest Kong Henderson and SHKP promise annual returns of up to 5pc Developers are offering guaranteed rental returns of up to 5 per cent a year, in a bid to compete with other investment products and lure more cash-rich investors to the residential market. Henderson Land Development said it would offer a 5 per cent annual rental guarantee for two years to buyers of its ...

  7. Hysan sees rental income rebound

    Posted Mar 09th 2005, 12:00am by Staff Reporter

    ... Foster Wong Property investor Hysan Development expects its falling office rental income to turn around in the second half of this year as the upturn in business activity lifts its leasing ... light of this, the rental reversion cycle in the Causeway Bay office sector should turn positive towards the latter part of 2005, with the rest of our property investment portfolio benefiting ...

  8. Robust rental returns boost profits at Chinese Estates

    Posted Apr 12th 2005, 12:00am by Denise Tsang

    ... Denise Tsang Developer shrugs off rate-rise impact on housing demand as economy recovers Rental income at property developer and investor Chinese Estates Holdings soared last year with the economic recovery. The group achieved an average 30 per cent rental increase on lease renewals at its commercial properties, which included Windsor House in Causeway Bay, Harcourt House and Mass ...

  9. Shui On freezes hiring and caps expenses after earnings fall 45pc

    Posted Aug 28th 2009, 12:00am by Sandy Li

    ... Sandy Li Shui On Land said yesterday it had imposed a three-year freeze on staffing and operating expenses and cut its dividend by 85 per cent after the developer registered a decline ... was conducted to examine the impact of the global economic downturn on the company and how Shui On's performance compared with its rivals. 'Our operating expenses, such as head-office staff ...

  10. Exploration expenses eat into earnings

    Posted Apr 14th 2008, 12:00am by Staff Reporter

    ... but had yet to realise earnings gains. Stripping out oilfield exploration expenses during 2007, profit after tax would have risen 1.5 per cent to HK$1.89 billion. Such expenses accounted for 27.5 ...




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