HK Stock Market Move | HANG LUNG PPT (00101) rose more than 2% in the afternoon. The basic net profit increased by 3% year-on-year to HK$3.202 billion last year.
Henglong Real Estate (00101) rose more than 2% in the afternoon after falling over 2.5% this morning. As of the time of writing, it is up 2.35% at HK $9.57, with a turnover of HK $168 million.
HANG LUNG PPT (00101) rose more than 2% in the afternoon, after falling by over 2.5% earlier this morning. As of the time of writing, it has increased by 2.35% to 9.57 Hong Kong dollars, with a trading volume of 168 million Hong Kong dollars.
On the news front, HANG LUNG PPT released its full-year performance for 2025 during lunchtime. Total revenue for HANG LUNG PPT was 9.95 billion Hong Kong dollars, down by 11% from the previous year, mainly due to a decrease in property sales revenues by 83% to 2.64 billion Hong Kong dollars. Overall operating profit increased by 1% to 6.527 billion Hong Kong dollars. Property leasing revenue and operating profit both fell by 1% to 9.389 billion Hong Kong dollars and 6.663 billion Hong Kong dollars, respectively, due to the continued weakness in the mainland office leasing market and slower-than-expected economic recovery in Hong Kong.
Shareholders' net profit attributable increased by 3% to 3.202 billion Hong Kong dollars. The narrowing of property sales losses was enough to offset the decrease in property leasing operating profit, as well as the impact of increased financial expenses due to reduced capitalized interest. Basic earnings per share were 0.65 Hong Kong dollars. A final dividend of 0.40 Hong Kong dollars per share is proposed.
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