Hysan Development's H1 Profit Falls Year-on-Year

MT Newswires Live
08/14

Hysan Development (HKG:0014) reported HK$75 million in attributable profit for the half ended June 30, falling from HK$427 million in the year-ago period, according to a Hong Kong bourse filing Thursday.

Earnings per share were HK$0.07, compared with HK$0.42 in the prior year.

Analysts at Visible Alpha estimated earnings per share at HK$1.04.

Revenue rose 2% year-on-year to HK$1.73 billion.

Analysts at Visible Alpha estimated revenue at HK$1.73 billion.

The company also declared a dividend of HK$0.27 per share, payable Sept. 9 to shareholders of record on Sept. 9.

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