STOCKS | Sun Hung Kai Properties Slumps 7.9% After Full-Year Profit Rises 11.1%

Sun Hung Kai Properties (00016) widened its decline to 7.9% to HK$107.50, with the stock down for a third straight session and off 10.3% over that span, according to ETNet. The company reported full-year net profit of HK$21.426 billion for the year ended June 30, 2026, up 11.1% from a year earlier. Basic earnings per share were HK$7.89, while the final dividend rose 4.6% to HK$2.93 a share. Revenue increased 18.2% to HK$94.194 billion. Profit attributable to shareholders was also HK$21.426 billion, compared with HK$19.277 billion a year earlier. The result included a HK$1.382 billion increase in fair value of investment properties after deferred tax and non-controlling interests, versus a HK$742 million decrease a year earlier. Profit from property sales rose 0.02% to HK$8.292 billion, while contracted sales for the year totaled about HK$40.6 billion based on attributable interest.