Hysan Development Reports Interim Earnings with 7.4% Increase in Underlying Profit
Stock News
Aug 13
HYSAN DEV (00014) has released its interim results for the first half of 2026, reporting a turnover of approximately HK$1.728 billion, down 0.1% year-on-year. Profit attributable to shareholders fell 2.67% to HK$73 million, compared to the same period last year.
Underlying profit rose 7.4% to HK$1.107 billion, according to the company, driven by fair value gains from the sale of residential units at Bamboo Grove. Basic earnings per share stood at 7 HK cents, while an interim dividend of 27 HK cents per share was declared.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.