Underlying profit attributable to shareholders for FY2024 came in at US$410 million, down 44% y-o-y from the US$734 million recorded in the same period a year ago.
While analysts may have differing calls on Hongkong Land (HKL), they have similar sentiments on the group and expect a rather positive year ahead for the group.
To recap, HKL had recently released its FY2024 ended Dec 31, 2024 results, which saw losses widening quite significantly by 138% y-o-y to US$1.39 billion ($1.85 billion) from US$582 million a year ago.
