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Story summary
- Sun Hung Kai Properties (SHKP) reported a 36.2% rise in first-half net profit to HK$10.25 billion for the six months ending December.
- Revenue rose 32% to HK$52.7 billion.
- Operating income increased 10.7% to HK$13.4 billion.
- The results fell short of analysts’ HK$53.4 billion revenue estimate.
- Chairman Raymond Kwok of SHKP noted rising geopolitical risks and advancements in artificial intelligence as factors that could impact the global economy.
