Report
Phillip Zhong
EUR 100.00 For Business Accounts Only

Shifting Some Focus Back to Hong Kong After Diversification

CK Asset Holdings, or CKA, reported in line full-year 2018 results, underpinned by steady rental property income. Booking for property sales were lower, while full-year contributions from infrastructure and utility joint ventures were as expected. Core earnings totaled HKD 24.1 billion, up 19% year on year, in line with our projection. Core EPS of HKD 6.53 is 20% higher year on year, owing to additional share buybacks during the year. Full-year dividend was HKD 1.90 per share, up 12% year on yea...
Underlying
CK Asset Holdings Limited

CK Asset Holdings and its subsidiaries are engaged in the property development and investment; hotel and serviced suite operation; property and project management; and aircraft leasing business.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Phillip Zhong

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch