New World Development’s Park Signature residential complex at 68 Kung Um Road in Yuen Long as of 27 August, 2013. Photo: SCMP New World Development’s Park Signature residential complex at 68 Kung Um Road in Yuen Long as of 27 August, 2013. Photo: SCMP
New World Development’s Park Signature residential complex at 68 Kung Um Road in Yuen Long as of 27 August, 2013. Photo: SCMP

New World’s first-half profit rises 29 per cent, propelled by surging home sales in Hong Kong’s property bull market

  • The company’s first-half core profit rose 29 per cent to HK$5.40 billion on the back of a 76 per cent surge in sales

Topic |   Hong Kong property
New World Development’s Park Signature residential complex at 68 Kung Um Road in Yuen Long as of 27 August, 2013. Photo: SCMP New World Development’s Park Signature residential complex at 68 Kung Um Road in Yuen Long as of 27 August, 2013. Photo: SCMP
New World Development’s Park Signature residential complex at 68 Kung Um Road in Yuen Long as of 27 August, 2013. Photo: SCMP
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