Tai Cheung

Tai Cheung sets sights on the top end

Small developer Tai Cheung Holdings says it will shift its investment focus to office and luxury residential properties from mass housing developments in view of their promising outlook.

Friday, 12 August, 2005, 12:00am

Tai Cheung profits dip

Property developer Tai Cheung Holdings reported slightly lower net profit for the six months to September 30 of HK$37.2 million compared with HK$41.8 million for the same period last year. It recorded turnover of HK$216.9 million against HK$151.1 million last year. The company proposed an interim dividend of two HK cents per share.

14 Dec 2001 - 12:00am

Profit drop just a glitch

ALTHOUGH the 50 per cent drop in interim profit recorded at property investment firm Tai Cheung, on Wednesday looks bad, analysts indicate they are confident about the company's performance in the second half of the year.

13 Jan 1995 - 12:00am

Further growth expected for Tai Cheung

Tai Cheung Recommendation: Buy Brokerage: Smith New Court Tai Cheung's huge leap in interim profit stemmed mainly from strong sales of its Peninsula Square development in Hunghom.

Given 80 per cent of the 1994 forecast profit was booked in the first half, full-year results will be in line with the brokerage's expectation of about $1.1 billion.

12 Dec 1993 - 12:00am

Sales lift developer's results

TAI CHEUNG Recommendation: Buy Brokerage: G K Goh Tai Cheung's final results for the year ended March 31, rose 45 per cent to $464.5 million.

Most profits came from property development: the group successfully sold the remaining flats in Wilshire Tower, a residential building, and completed and fully sold the Eastern Harbour Centre, a godown in Quarry Bay.

15 Aug 1993 - 12:00am

Takeover helps to land deals

UDL Holdings Recommendation: Buy Brokerage: G K Goh THE company's main activity is marine engineering, such as building sea walls, dredging and reclamation-related activities.

The recent acquisition of the Nicetrand Group has expanded its civil engineering capabilities and provided an additional $800 million in orders.

27 Jun 1993 - 12:00am