Trade SHK PPT - no MD - 0016 CFD

Sun Hung Kai Properties Limited Company profile

About Sun Hung Kai Properties Limited

Sun Hung Kai Properties Limited is an investment holding company mainly engaged in the sale of property. Along with subsidiaries, the Company operates its business through six segments: the Property Sales segment, the Property Rental segment, the Telecommunications segment, the Hotel Operation segment, the Transport Infrastructure and Logistics segment, and the Other Businesses segment. The Property sales and Property rental segments operate in Hong Kong, Mainland China and Singapore. The Telecommunications segment is involved in the provision of mobile telephone services, and data centers and information technology (IT) infrastructure business. The Transport Infrastructure and Logistics segment is involved in transport infrastructure operation and management, port business, air transport and logistics business, and the operation of department stores and supermarkets through YATA Limited.

Financial summary

BRIEF: For the six months ended 31 December 2021, Sun Hung Kai Properties Limited revenues decreased 13% to HK$40.15B. Net income applicable to common stockholders increased 12% to HK$15.19B. Revenues reflect Property Sales segment decrease of 31% to HK$17.31B, Hong Kong segment decrease of 13% to HK$36.44B, Mainland China segment decrease of 19% to HK$3.46B. Net Income benefited from Property Rental segment income increase of 3% to HK$8.03B.