by Amruth Sundarkumar | Sep 9, 2022 | Corporates, Hong Kong
Hong Kong based property developer Sun Hung Kai reported a 4.2% YoY dip in its profits to HK$25.6bn ($3.3bn) for the year ended June 2022. The reported profit included a decrease in the fair value of investment properties, net of deferred taxes and non-controlling...
by Amruth Sundarkumar | Jan 6, 2022 | High Yield Bonds, Hong Kong
Sun Hung Kai Properties overtook New World Development (NWD) as the largest seller of new homes in Hong Kong according to SCMP citing Dataelements. Sun Hung Kai recorded sales of HKD 29.65bn ($3.8bn) in 2021, a 15% YoY jump. NWD dropped to fourth as its sales plunged...
