Hysan Dev Company profile
About Hysan Development Company Limited
Hysan Development Co Ltd is a company principally engaged in the properties leasing. The Company operates its business through four segments. The Retail segment engages in the leasing of space and related facilities. The Office segment engages in the leasing of office space and related facilities. The Residential segment engages in the leasing of residential properties and related facilities. The Property Development segment engages in the development and sale of properties.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Hysan Development Company Limited revenues decreased 3% to HK$3.61B. Net income applicable to common stockholders totaled HK$1.38B vs. loss of HK$2.55B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Change in fair value of investment prope decrease of 85% to HK$720M (expense).
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