HKR International Limited Announces Interim Results 2021/2022
HKR International Limited (“the Company”) announced today the interim results of the Company and its subsidiaries (“the Group”) for the six months ended 30 September 2021 (the “Period”).
The Group’s unaudited revenue for the Period amounted to HK$1,966.5 million, decreased by 20.7% from HK$2,480.9 million in the last corresponding period as the number of sold property units delivered and handed-over to the buyers during the Period was comparatively lower than that for the last corresponding period. The Group’s underlying profit excluding net unrealised gains on fair value change of investment properties of HK$374.8 million as compared to HK$590.1 million in the last reporting period. With the net unrealised gains on fair value change of investment properties included, the profit attributable to owners of the Company amounted to HK$508.0 million, decreased by 14.4% from HK$593.6 million in the last corresponding period. Basic earnings per share were HK34.2 cents for the Period, compared to HK40.0 cents for the last corresponding period.
The Board has resolved to declare an interim dividend of HK3 cents per share to its shareholders for the Period. An interim dividend of HK4 cents per share was paid by the Company to its shareholders for the last corresponding period.
The full results announcement is available on the Group’s corporate website (www.hkri.com), under the section of “Investor Relations”, and on the “HKExnews” website (www.hkexnews.hk) of the Hong Kong Exchanges and Clearing Limited.
About HKR International Limited
HKR International Limited has diversified interests in real estate development and investment, property management, luxury hotels and serviced apartments, healthcare services and other investments in Hong Kong, mainland China and across Asia.
The Company’s diverse portfolio includes Discovery Bay and CDW Building in Hong Kong, HKRI Taikoo Hui in Shanghai, and a number of premium residential and commercial properties in Thailand and Japan. HKRI has been listed on The Stock Exchange of Hong Kong since 1989, under the Stock Code of 00480.