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Sun Hung Kai Properties underlying profit rises 4.6% to HKD 22.9B

Sun Hung Kai Properties said underlying profit rose 4.6% to HKD 22.9 billion. It reported stable operating profit and improved margins in Hong Kong property development.

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9 billion, with operating profit holding steady and margins improving in Hong Kong property development. The company said strong financials support new project launches, while both the Hong Kong and Mainland segments showed resilience and a positive outlook.