The group generated net cash inflows in 3QFY2025, combined with proceeds from the sale of MCL Land, and saw net debt and gearing at Oct 31 reduced to US$4.4 billion and 15% respectively.
Hongkong Land Holdings has reported an underlying profit 13% y-o-y lower in 3QFY2025 ended Sept 30.
This is primarily due to lower contributions from the Hong Kong office portfolio and pre-opening costs of the group’s prime properties investment pipeline in China.
