Trade Kerry Properties Limited - 0683 CFD

Kerry PPT Company profile

About Kerry Properties Limited

Kerry Properties Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company is involved in the development, investment and management of properties; the operation of hotels; and integrated logistics and international freight forwarding business. The properties include the People's Republic of China (PRC) property, Hong Kong property and overseas property. The property portfolio consists of apartment, commercial and office properties. Its properties include Kerry Centre, Quarry Bay, Hong Kong; Mid-Levels Portfolio, Mid-Levels, Hong Kong; Shenzhen Kerry Plaza; Jing An Kerry Centre, Shanghai; Putian Arcadia Court, and Event at MegaBox, Kowloon Bay, Hong Kong, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Kerry Properties Limited revenues increased 6% to HK$15.33B. Net income increased 92% to HK$10.36B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Share of results of associates and joint increase from HK$1.6B to HK$3.4B (income), Interest expense, gross decrease of 54% to HK$769.7M (expense).