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| Name | Symbol | Market | Type |
|---|---|---|---|
| Jardine Matheson Holdings Ltd (PK) | USOTC:JMHLY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.06 | -0.16% | 36.52 | 36.27 | 36.79 | 36.80 | 36.27 | 36.50 | 20,032 | 21:00:47 |
From Sep 2019 to Sep 2024
Hongkong Land Holdings Ltd (H78.SG) Thursday posted a drop in profit during the half year-end, mainly due to lack of residential completions in Singapore, but said it expects the solid performance in the Group's commercial portfolio to continue in the second half.
The property investment, management and development company recorded net profit of 563 million U.S dollars during the half year ended June 30, compared with $598 million a year earlier. Underlying profit was down 17% to $433 million due to lack of residential completions in Singapore, the company said.
Ben Keswick, Chairman said: "The solid performance in the Group's commercial portfolio is set to continue in the second half, while the contribution from our residential business will show improvement as it benefits from the final sales at Serenade as well as further completions in mainland China and Singapore."
Net asset value per share at June 30 was $11.53 compared with $11.41 at Dec. 31, 2013 and dividend per share was maintained at 6.00 cents.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
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