10-03-2020, 03:20 AM
2019 ANNUAL RESULTS ANNOUNCEMENT
SUMMARY OF RESULTS
For the year ended 31 December 2019
• Contracted sales amounted to approximately RMB60,350 million, representing an
increase of approximately 47.1% as compared with the corresponding period in 2018.
• Revenue amounted to approximately RMB26,042 million, representing an increase of
approximately 32.9% as compared with the corresponding period in 2018.
• Rental income and income from Property Management Services amounted to
approximately RMB2,813 million, representing an increase of approximately 25.1% as
compared with the corresponding period in 2018.
• Profit for the year was approximately RMB6,018 million, representing an increase of
approximately 65.0% as compared with the corresponding period in 2018.
• Profit attributable to the owners of the Company was approximately RMB4,041 million,
representing an increase of approximately 42.4% as compared with the corresponding
period in 2018.
• Core earnings amounted to approximately RMB4,390 million, representing an increase
of approximately 70.2% as compared with the corresponding period in 2018.
• Core earnings attributable to the owners of the Company was approximately RMB2,680
million, representing an increase of approximately 45.3% as compared with the
corresponding period in 2018.
• The Board recommended the payment of a Final Dividend of HK$27 cents per ordinary
share for the year ended 31 December 2019, subject to approval at the Annual General
Meeting of the shareholders of the Company. In addition to the Final Dividend, the
Board further declared a Special Dividend of HK$4 cents per ordinary share to mark
the 10th anniversary of the Company’s listing and to reward the shareholders of the
Company for their continued support. Together with the interim dividend of HK$9 cents
per ordinary share for the six months ended 30 June 2019, the total dividend for the year
amounted to HK$40 cents per ordinary share, representing an increase of approximately
33% as compared with the corresponding period in 2018.
The shares closed on 9 Mar 2020 , at $5.08 , and at 40 cts dividend gives 8% yield.
SUMMARY OF RESULTS
For the year ended 31 December 2019
• Contracted sales amounted to approximately RMB60,350 million, representing an
increase of approximately 47.1% as compared with the corresponding period in 2018.
• Revenue amounted to approximately RMB26,042 million, representing an increase of
approximately 32.9% as compared with the corresponding period in 2018.
• Rental income and income from Property Management Services amounted to
approximately RMB2,813 million, representing an increase of approximately 25.1% as
compared with the corresponding period in 2018.
• Profit for the year was approximately RMB6,018 million, representing an increase of
approximately 65.0% as compared with the corresponding period in 2018.
• Profit attributable to the owners of the Company was approximately RMB4,041 million,
representing an increase of approximately 42.4% as compared with the corresponding
period in 2018.
• Core earnings amounted to approximately RMB4,390 million, representing an increase
of approximately 70.2% as compared with the corresponding period in 2018.
• Core earnings attributable to the owners of the Company was approximately RMB2,680
million, representing an increase of approximately 45.3% as compared with the
corresponding period in 2018.
• The Board recommended the payment of a Final Dividend of HK$27 cents per ordinary
share for the year ended 31 December 2019, subject to approval at the Annual General
Meeting of the shareholders of the Company. In addition to the Final Dividend, the
Board further declared a Special Dividend of HK$4 cents per ordinary share to mark
the 10th anniversary of the Company’s listing and to reward the shareholders of the
Company for their continued support. Together with the interim dividend of HK$9 cents
per ordinary share for the six months ended 30 June 2019, the total dividend for the year
amounted to HK$40 cents per ordinary share, representing an increase of approximately
33% as compared with the corresponding period in 2018.
The shares closed on 9 Mar 2020 , at $5.08 , and at 40 cts dividend gives 8% yield.