Chinese Estates Holdings reported core earnings rose 31.02 per cent to HK$4.92 billion last year due to a one-off gain from the disposal of a development site in Macau.
Turnover decreased 59.3 per cent to HK$2.62 billion.
The firm declared a final dividend of 50 HK cents, up from 20 HK cents in 2013.
Chairman Lau Ming-wai said the group remained confident about its core business.
“The group will prudently monitor the property markets of Hong Kong, mainland China and overseas, strive to expand its land bank and investment property portfolio to further strengthen the group’s value and achieve long-term sustainable growth,” he said in an exchange filing after the stock market’s morning close on Thursday.
Ahead of result announcement, shares in Chinese Estates remained unchanged at HK$23.70.