Source:
https://scmp.com/business/companies/article/1160662/strong-home-sales-prices-lift-sino-lands-results
Business/ Companies

Strong home sales, prices lift Sino Land's results

With leasing of office portfolio stable, firm's underlying profit rises 80.5pc in first half

Sino Land's underlying profit jumped 80.5 per cent to HK$4.48 billion in the six months to December due to strong property sales as home prices hit new highs.

Including the property revaluation surplus of HK$3.63 billion, net profit soared 75.8 per cent to HK$8.11 billion from HK$4.61 billion a year ago, the company said yesterday.