SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE L impact

Sino Land profit mix: underlying down, net up on smaller revaluation loss

Underlying profit declined year-over-year, but reported net profit rose as the revaluation loss was smaller. Property sales and hotel operations stayed resilient, while rental income faced headwinds.

83

Underlying profit declined year-over-year, but reported net profit rose due to a smaller revaluation loss.

Property sales and hotel operations remained resilient, while rental income faced headwinds.

The Group maintains a strong net cash position and continues to invest in new projects and sustaina…