Financial news
Written by: Lin Leqian
2020-02-28 16:54
Last updated: 2020-02-28 16:57New World Development (0017) The basic profit for the half year ending December last year fell 27% to 3.93 billion yuan, core profit per share was 0.38 yuan, and an interim dividend of 14 cents per share was paid.
The company also pointed out that the profit attributable to shareholders fell by 91% year-on-year to 1.017 billion yuan.
Revenue fell 34% during the period to 32.464 billion yuan, down 34% year-on-year. Revenue from the property development segment fell 23% to 9.489 billion yuan. As Hong Kong's project portfolio was mainly inventory sales, no new projects were completed, and the fair value of investment properties Changes, etc.
As of the end of December, the Group's unaccounted attributable property sales revenue in Hong Kong and Singapore was HK $ 7.944 billion, of which it was confirmed in the second half of fiscal 2020 to be 391 million yuan, fiscal year 2021 to be 6.38 billion yuan and 2022 to be 1.173 billion yuan. The unaccounted total sales revenue of Mainland property development was RMB 5.211 billion, of which RMB 307 million was confirmed in the second half of fiscal 2020, RMB 4.397 billion in fiscal 2021 and RMB 507 million in 2022.
Contract sales of properties attributable to Hong Kong during the period amounted to 3 billion yuan, mainly from residential projects such as Aoyin, Baiweishan and Yiyi. As of the end of December, the Group has a total of 287 residential units for sale, and plans to launch the Tai Wai Station residential project in phases in 2020 and 2021, involving more than 3,000 units. In addition, it is located at West Shun Cheung Street, with a floor area of about 520,000. A square foot office project will also be launched within 2020.
K11 MUSEA mall occupancy rate exceeds 90%
During the period, rental income rose by 36% to 1.344 billion yuan. As Victoria Dockside was fully opened during the period under review, the occupancy rate of K11 MUSEA mall exceeded 90%, office buildings K11 ATELIER also leased nearly 80%, and office buildings K11 ATELIER King's Road leased about 50%.
In terms of land storage, a land bank holding approximately 9 million square feet of attributable gross floor area in Hong Kong is available for immediate development, of which approximately 4.2 million square feet are used for property development, holding a total of approximately 16.6 million square feet to be changed The area of agricultural land due to use.
MTR spends 3 billion to acquire New World Plaza Telford Plaza Phase 2 and all rights to PopCorn2
New World Department Store earns 58.8% more in mid-term, but same-store sales fall 12.4%
New World Company Performance
