Wharf Company profile
About Wharf Holdings Ltd
Wharf Holdings Ltd is an investment holding company principally engaged in the property development. The Company operates its business through four segments. The Development Property segment engages in the acquisition, development, design, construction, sales and marketing of properties. The Investment Property segment engages in the retail, office and serviced apartments leasing. The Hotel segment engages in the hotel operations. The Logistics Segment engages in the container terminal and air cargo operations.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Wharf Holdings Ltd revenues increased 7% to HK$22.38B. Net income increased 56% to HK$6.02B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Increase in FV of investment properties increase from HK$208M (expense) to HK$1.02B (income), Equity Earnings Net of Income Tax increase from HK$172M to HK$719M
Equity composition
12/2007, Rights Issue, 1 new share for every 8 shares held @ HKD 30 (Factor: 1.125).02/2011, Rights Issue, 1 new share for every 10 shares held @ HKD 36.5 (Factor: 1.031250)