Swire Properties Ltd
01972: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| J< | LOCK|G%lj | LOCK|<!%^rc& |
Swire Properties Earnings: Strong Project Pipeline Supports Growth; Shares Fairly Valued
Swire Properties' first-half recurring underlying profit declined 4% year on year, as weakness in the Hong Kong office market remained a drag, partly offset by a slight improvement in mainland China retail rents driven by tenant mix optimization. The interim dividend rose 3.5% to HKD 0.35 per share.
