Sino Land

Sino Group is one of the largest property companies in Hong Kong, and also has significant operations in Singapore where a sister company is a major property developer. The group has private holding companies owned by the Ng family, and three publicly listed companies: Tsim Sha Tsui Properties, Sino Land Co, Sino Hotels (Holdings). Yeo Hiap Seng, another sister company, specialises in food and beverages in Asia. 

Sino Land chairman Robert Ng says market changes are being driven by economic and property-related policies. Photo: Dickson Lee

Lack of developments a drag on Sino Land's net profit

Sino Land said its unaudited underlying net profit for the six months to December fell about 45 per cent, mainly owing to a lack of development profits and the high earnings achieved a year earlier.