Swire Properties Ltd

01972: XHKG (HKG)
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Swire Properties Earnings: Retail Momentum Supports Rental Growth; Shares Fairly Valued

Swire Properties' first-half recurring underlying profit rose 36% year on year, reflecting the sale of two luxury houses in Hong Kong and stronger retail rental income in mainland China and Hong Kong. Interim dividend increased 6% to HKD 0.37 per share.

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