Nonetheless, the company plans to maintain its final dividend payout of 16 US cents, bringing full year payout to 22 US cents.
Hongkong Land's FY2022 earnings fell somewhat short of expectations but analysts have generally kept their existing calls on the stock, albeit with slightly trimmed target prices.
On March 2, the Hong Kong-based developer, best known for its portfolio of prime commercial assets on the island's Central, reported underlying FY2022 earnings that's down 20% to US$776 million.
