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.