Hongkong Land Holdings Limited (SGX:H78)
8.06
-0.22 (-2.66%)
Oct 8, 2026, 5:15 PM SGT
Hongkong Land Holdings Earnings Call Transcripts
Fiscal Year 2026
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Strategic focus on capital recycling and premium assets led to $300M divestments, a 6% dividend increase, and resilient performance in core Hong Kong and Singapore portfolios. Despite a 12% drop in underlying profit, balance sheet strength and new incentive schemes support long-term growth.
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Underlying profit rose 11% and EPS 14% year-over-year, driven by valuation gains, cost savings, and strong luxury retail and office performance in Hong Kong and Singapore. Capital recycling nears $4B target, with robust liquidity and a focus on growth and portfolio optimization.