Double digit growth

Double-digit growth was the common theme yesterday when three blue chip property groups and two hotel companies unveiled interim profits for the six months to December.

Sun Hung Kai Properties saw net profit jump 21 per cent while Hang Lung Development and its property investment arm Amoy Properties rose 35 per cent and 14.7 per cent.

Amoy's hotel arm Grand Hotel Holdings and Sino Land associate Sino Hotels also showed growth of 10.4 per cent and 16.8 per cent.