Wharf’s Harbour City shopping centre in Tsim Sha Tsui. Footfall at shopping centres suffered a big drop in the first two months of this year, says Stephen Ng, the company’s chairman and managing director. Photo: Nora Tam
Hong Kong mall and office landlord Wharf Reic says unless economy recovers quickly, situation will be ‘difficult to deal with’
- Prospects for this year are ‘very cloudy’, chairman says
- Wharf Reic’s underlying net profit for last year decreased by 13 per cent, to pay second interim dividend of 64 Hong Kong cents per share
Wharf’s Harbour City shopping centre in Tsim Sha Tsui. Footfall at shopping centres suffered a big drop in the first two months of this year, says Stephen Ng, the company’s chairman and managing director. Photo: Nora Tam