Sun Hung Kai Properties (00016) announced annual results. Profit attributable to shareholders of HK$21.426 billion increased 11.15% year over year

According to the Zhitong Finance App, Sun Hung Kai Properties (00016) announced its annual results for the year ended June 30, 2026. The group received revenue of HK$94.194 billion, up 18.15% year on year; profit attributable to shareholders was HK$21.426 billion, up 11.15% year on year; profit per share was HK$7.39, and a final dividend of HK$2.93 per share was proposed.

During the year under review, profit from property sales was HK$8.292 billion, compared to HK$8.29 billion last year. Based on equity holdings, the total contract sales obtained during the year were approximately HK$40.6 billion.

Together with the rental income of its joint ventures and associated companies, the Group's total rental income increased by 2% year-on-year to HK$24.987 billion, and net rental income increased by 1% year-on-year to HK$18.571 billion.

As of June 30, 2026, the Group's land reserves in Hong Kong were about 56.4 million square feet based on the floor area occupied, of which about 39.2 million square feet were completed properties, the vast majority of which were used for rent and long-term investment. The remaining 17.2 million square feet are properties under development, which is sufficient for the Group's mid-term development needs. The developing residential property available for sale is approximately 12.6 million square feet.