
Sino Land profit up 63.3% to HK$6 billion
The 63.3% increase was in comparison with the HK$3.7 billion profit for the previous financial year.
A Sino Land release said, “Excluding revaluation surplus (net of deferred taxation) on investment properties of HK$2,587.4 million, the underlying net profit from operations was HK$3,506.2 million (2009 : HK$3,600.7 million).”
Earnings per share was 125.29 cents, an increase of 62.6% when compared with the previous financial year.