Wheelock and Company, one of Hong Kong top five property developers, reported operational profit for 2015 boost up 27.5% to HKD20.05 billion(USD2.58billion) from a year ago. Total contracted sales amounted to HKD 12.9 billion, of which 50% came from residential and 50% came from commercial. Residential projects generated HKD 6.5 billion in sales for the year. (March 10)
New World Group 2015 Annual Result
New World Development Group reported interim revenue rose 25% for 2015 while net profit down 37.8% to HKD 4.49 billion(USD 578 million) on RMB devaluation during the interim financial year ended December 31st. (Feb 25)