Kerry Properties (HKG:0683) attributable profit fell 22% to HK$612 million in the first half from HK$788 million in the year-ago period, according to an interim report filed Friday with the Hong Kong bourse.
Earnings per share at the developer declined 22% to HK$0.42 from HK$0.54 in the prior-year period.
Revenue increased 60% year over year to HK$8.06 billion from HK$5.04 billion.
Shares of the company closed 4% higher on Friday.
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.