The Shun Tak Centre in Sheung Wan serves as a terminal for the company’s Turbojet service to Macau. Photo: Edmond So The Shun Tak Centre in Sheung Wan serves as a terminal for the company’s Turbojet service to Macau. Photo: Edmond So
The Shun Tak Centre in Sheung Wan serves as a terminal for the company’s Turbojet service to Macau. Photo: Edmond So
Macau
Business /  Companies

Shun Tak 2018 profit surges 220 per cent, lifted by residential sales, and one-off disposal

  • The property to transport conglomerate reported 2018 net earnings of HK$4.65 billion (US$592.4 million)
  • Revenue rose 3 per cent to HK$6.6 billion
  • Shun Tak sold a 50 per cent stake in Nova Mall to a subsidiary of the Abu Dhabi Investment Authority, booking a one-time gain of HK$1.3 billion

Topic |   Macau
Daniel Ren
Daniel Ren

Updated: 3:28pm, 28 Mar, 2019

Why you can trust SCMP
The Shun Tak Centre in Sheung Wan serves as a terminal for the company’s Turbojet service to Macau. Photo: Edmond So The Shun Tak Centre in Sheung Wan serves as a terminal for the company’s Turbojet service to Macau. Photo: Edmond So
The Shun Tak Centre in Sheung Wan serves as a terminal for the company’s Turbojet service to Macau. Photo: Edmond So
READ FULL ARTICLE