Hongkong Land’s underlying profit down 8% at US$458 million for FY2025
Earnings per share stood at US$0.5785 from a loss per share of US$0.6276 in the year before
[SINGAPORE] Property developer Hongkong Land on Thursday (Mar 5) posted an underlying profit of US$458 million for the financial year ended Dec 31, down 8 per cent from US$499 million in the previous financial year.
Revenue declined to US$1.4 billion in FY2025, down from US$2 billion in the prior financial year.
Net profit attributable to shareholders of the company stood at US$1.3 billion, from a net loss of US$1.4 billion in FY2024.
Earnings per share stood at US$0.5785, against a loss per share of US$0.6276 in the year before.
The board is proposing a final dividend of US$0.19 a share, payable on May 13, subject to approval at the group’s upcoming annual general meeting on May 7.
If approved, it would take the full-year dividend to US$0.25, up 9 per cent from US$0.23 in the year before.
Hongkong Land shares closed Thursday 2.5 per cent or US$0.20 higher at US$8.15, before the news.
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