Report
Phillip Zhong
EUR 100.00 For Business Accounts Only

Swire Properties Slow and Steady, Patience and Transformation

Swire Properties reported full-year underlying earnings of HKD 10.1 billion. Excluding the disposal gain, the recurring underlying earnings totaled HKD 7.5 billion, up 4% year on year. The results were slightly below our estimate. The shortfall was due to the lower than projected booking of development properties. Full-year dividends totaled HKD 0.84 per share, up 9% year on year. The investment properties portfolio performed slightly better than expected, driven by a positive reversion of Hong ...
Underlying
Swire Properties Limited

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