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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: