Swire Properties Ltd
01972: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| yR | LOCK|q^c@ | LOCK|t?&N#v$ |
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.
