Sun Hung Kai’s Profit Rose 22% Boosted by Home Sales, Rents

Updated on
  • Underlying profit at developer increased to HK$24.2 billion
  • Sun Hung Kai cites growing homebuyer confidence in Hong Kong

Sun Hung Kai Properties Ltd., Hong Kong’s largest property developer by market value, said full-year earnings rose 22 percent as sales of new projects increased and rental income rose.

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