Sino Land's Full-Year Profit Slides Amid Revenue Drop
MT Newswires Live
Aug 27
Sino Land (HKG:0083) saw a decline in attributable profit in the fiscal year ended June 30 to HK$4.02 billion from HK$4.40 billion in the year-ago period, a Wednesday filing with the Hong Kong bourse said.
The property development company's reported basic earnings per share stood at HK$0.45 in the period, down from HK$0.52 in the previous corresponding year.
Revenue fell to HK$8.18 billion in the fiscal year from HK$8.77 billion a year prior.
The firm declared a final dividend of HK$0.43 per share for the period, payable to shareholders of record on Oct. 30.
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