Tsim Sha Tsui Properties' Full-Year Profit Slides Amid Revenue Drop

MT Newswires Live
08/27

Tsim Sha Tsui Properties (HKG:0247) saw a decline in attributable profit in the fiscal year ended June 30 to HK$2.33 billion from HK$2.51 billion in the year-ago period, a Wednesday filing with the Hong Kong bourse said.

The residential property manager's reported basic earnings per share stood at HK$1.08 in the period, down from HK$1.20 in the previous corresponding year.

Revenue fell to HK$8.24 billion in the fiscal year from HK$8.82 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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