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  • July 14, 2014
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  1. Business - Companies

    Swire Pacific's underlying H1 profit jumps 48pc

    Posted Aug 15th 2013, 10:13am by Staff Reporter

    ... Staff reporter Swire Pacific said on Thursday that adjusted underlying attributable profit rose 48 per cent to HK$3.30 billion in the first half of this year, underpinned by improved ... investment properties. Swire’s Hong Kong-based airline arm Cathay Pacific Airways returned to profit in the first half but contributions from both of its Hong Kong Aircraft Engineering Company unit ...

  2. Business - Companies

    Swire Properties to spend HK$10b on Taikoo Place redevelopment

    Posted Mar 13th 2014, 01:24pm by Peggy Sito

    ... investments in a project in a decade. The listed property unit of Swire Pacific said the redevelopment would see Somerset House, Cornwall House and Warwick House turned into two new grade A office ... a share, bringing the payout for the year to 60 HK cents per share, unchanged from the previous year. Meanwhile, Swire Pacific reported a 2.4 per cent increase in underlying profit to HK$8.47 ...

  3. Investment shift tipped for Swire Pacific's spin-off

    Posted Dec 22nd 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Analysts are tipping a strong shift of investment from Swire Pacific to Swire Properties, which is scheduled to debut next month as Swire Pacific spins off its property arm. Swire Pacific shares dropped 1.49 per cent to close at HK$92.5 yesterday after hitting an intra-day high of HK$95 following the announcement of the details of the spin-off. Swire ...

  4. Business - Money

    Swire Pacific says profit slumps, mainly due to Cathay

    Posted Mar 14th 2013, 12:57pm by by SCMP.com staff

    ... SCMP staff Hong Kong conglomerate Swire Pacific said net profit fell 46 per cent to HK$17.5 billion in 2012, blaming a sharply reduced contribution from Cathay Pacific Airways. On Wednesday, Cathay Pacific said net full-year profit fell 83 per cent reported net profit of HK$916 million. Swire Pacific is a substantial shareholder in Cathay Pacific. ...

  5. News - Business - ECONOMY

    Swire Pacific eyes property expansion across region, says chairman

    Posted Apr 29th 2013, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Chairman Christopher Pratt opines on HK's economy and the company's expansion plans Swire eyes regional growth Swire eyes growth in Southeast Asia, China Swire Pacific's chairman believes the government's property cooling measures are paying off, but he warns that rising competition for skilled workers will push up wages ...

  6. Business - Companies

    Swire suffers decline in rents at Pacific Place

    Posted May 01st 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Swire suffers decline in rents at Pacific Place Office rents at Pacific Place Three in Admiralty fell 5 per cent to as low as HK$90 per square foot in the first ... "techno-centres" in Quarry Bay remained unchanged. Swire said tenancies totalling 351,628 sq ft at Pacific Place were renewed in the quarter. Meanwhile, its sales performance at Pacific Place Mall ...

  7. Swire Pacific full-year earnings slump almost 50pc

    Posted Mar 14th 2013, 01:25pm

    ... Hong Kong conglomerate Swire Pacific said net profit fell 46 per cent to HK$17.5 billion last year, blaming a sharply reduced contribution from Cathay Pacific Airways. “World economic conditions were subject to considerable uncertainties last year,” Swire Pacific chairman Christopher Pratt said in a statement. “The airline industry was significantly affected by this.” ...

  8. Property - Hong Kong & China - REDEVELOPMENT

    Transformation of Taikoo Place will be complete in 2021, Swire says

    Posted May 14th 2014, 01:23am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Swire says redevelopment of three industrial buildings will be finishing touch on 'vibrant hub' Taikoo Place 'is being transformed' Swire ... month. "Our cluster of buildings in Taikoo Place is already a vibrant hub of commercial and retail activities," Slosar said after the annual general meeting of Swire Properties. ...

  9. Cathay Pacific finance chief resigns

    Posted Apr 22nd 2011, 12:00am

    ... director at Swire Pacific, will be replaced by Martin Murray, Swire Pacific's current deputy finance director. ... James Hughes-Hallett is resigning as finance director of Cathay Pacific Airways in November after less than three years in the job. The airline said Hughes-Hallett, who has been finance ...

  10. Swire Pacific pays 174m yuan for cold stores

    Posted Aug 07th 2012, 12:00am

    ... Keith Wallis keith.wallis@scmp.com Swire Pacific has splashed out 173.8 million yuan (HK$213.06 million) to acquire a 60 per cent interest stake in Guangdong Swire Cold Chain Logistics ... Pacific's trading and industrial division, headed by executive director John Rae-Smith. The deal could be completed by the end of this month, but Swire Pacific said it might be delayed because ...




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