BRIEF-Hang Lung Properties Posts FY Net Profit Attributable Of HK$6,172 Mln
Jan 21 (Reuters) - Hang Lung Properties Ltd:
* FY NET PROFIT ATTRIBUTABLE HK$6,172 MILLION VERSUS HK$8,078 MILLION
* FY REVENUE HK$8,852 MILLION VERSUS HK$9,408 MILLION
* PROPOSED FINAL DIVIDENDS OF HK$0.59 PER SHARE
* SEES REVENUE GROWTH FUELED BY MAINLAND RETAIL SECTOR AND CONTRIBUTIONS FROM NEW PROPERTIES
* SEES MAINLAND PORTFOLIO WILL CONTINUE TO BE BENEFITTED FROM REPATRIATION OF LUXURY SPENDING
* "DEPENDING ON MARKET CONDITIONS, WE WILL CONTINUE TO SELL DOWN RESIDENTIAL UNITS IN HONG KONG"
* ON MAINLAND, LUXURIOUS SERVICED APARTMENTS IN FOUR MIXED-USE PROJECTS ARE INTENDED FOR SALE
* DEPENDING ON MARKET CONDITIONS, WILL LOOK AT DISPOSAL OF NON-CORE PROPERTIES Source text for Eikon: Further company coverage: