Henderson Land Development offer 246 units at The Vantage for sale to prospective buyers at the Mira Place in Tsim Sha Tsui on 9 March 2019. Photo: SCMP/Edmond So
Henderson posts second straight drop in interim revenue, as one of Hong Kong’s largest developers falls victim to real estate slump
- Turnover fell 38 per cent to HK$8.12 billion in the six months ended June, while first-half underlying profit, excluding revaluation gains on investment properties, dropped to HK$6.7 billion
- Revenue from real estate sales plunged 68 per cent to HK$2.7 billion
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Henderson Land
Henderson Land Development offer 246 units at The Vantage for sale to prospective buyers at the Mira Place in Tsim Sha Tsui on 9 March 2019. Photo: SCMP/Edmond So