Photo from Shutterstock

Henderson Land profit falls 47% YoY to $3.17b in H1 2024

The company attributed the decline to fair value loss incurred during the period.

HKEX-listed Henderson Land’s profit attributable to equity shareholders fell 47% YoY to $3.17b in H1 2024.

In a bourse filing, the company attributed the decline to the fair value loss of $2.3b recorded in H1 2024 due to the revaluation of its completed investment properties and investment properties under development.

With the decline in profit, the company reported lower earnings per share of $0.66.

Despite lower profit, the board declared an interim dividend of $0.5 per share, unchanged from the previous year.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!