10. Sep 2026
Description
(AWP Alliance News) - Henderson Land Development reported profit attributable to equity shareholders of HKUSD 4.09 billion for the six months ended June 30, up 41%, while underlying profit rose 66% to HKUSD 5.07 billion. Revenue from property development more than doubled to HKUSD 12.89 billion, while pre-tax profit contribution from the segment surged to HKUSD 2.88 billion, aided by higher local property sales and a HKUSD 1.57 billion pre-tax gain from the government's resumption of certain New Territories land lots.
Gross rental income edged up 1% to HKUSD 4.38 billion, with pre-tax net rental income also up 1% to HKUSD 3.19 billion and average leasing at 94% as of June 30. The board kept the interim dividend unchanged at HKUSD 0.5 per share, with net debt to shareholders' equity improving by 0.8 percentage point to 17.9%.
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Disclaimer: This news brief was created using generative artificial intelligence. Henderson Land Development Company Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex), on September 10, 2026, and is solely responsible for the information contained therein.