SHKP Quarterly

The Group’s underlying profit attributable to the company’s shareholders for the year ended 30 June 2016, excluding the effect of fair value changes on investment properties, amounted to HK$24,170 million. Underlying earnings per share were HK$8.37. The directors have recommended the payment of a final dividend of HK$2.80 per share, which together with the interim dividend of HK$1.05 per share, the dividend for the full year will be HK$3.85 per share, an increase of 14.9% from last year. Property development Revenue from property sales for the year under review as recorded in the financial statements, including revenue from joint-venture projects, amounted to HK$43,356 million. Profit generated from property sales was HK$11,701 million. The Group achieved record contracted sales of about HK$40,700 million for the year in attributable terms. Contracted sales since July 2016 has reached about HK$25,000 million. Property investment The Group’s rental income grew steadily during the year. Gross rental income, including contributions from joint-venture projects, rose 7% year-on-year to HK$21,036 million, and net rental income increased 7% year-on-year to HK$16,481 million. This healthy performance was attributable to continuing positive rental reversions and contributions from new investment properties, both in Hong Kong and on the mainland. Positive outlook With a land bank sufficient for development needs of over five years, the Group will have more than 278,700 square metres (three million square feet) of residential gross floor area, mostly small- to medium-sized units, to be completed annually in Hong Kong over the next three financial years. It will continue offering new projects for sale when ready. The Group will additionally continue pursuing land acquisition opportunities in order to sustain its high volume of completion in the long term. The Group will continue to bolster the competitiveness of its investment property portfolio. It will achieve this objective not only through implementing asset enhancement initiatives but also carrying out trade- and tenant-mix refinement to strengthen its premium brand. The Group’s investment properties coming on stream will further strengthen its total rental income over the next one to two years. Group announces full year results and new high in contracted sales 集團公布全年業績 合約銷售總額破紀錄 集團公布截至 2016 年 6 月 30 日止年度，在撇除投資 物業公平值變動的影響後，可撥歸公司股東基礎溢 利為 241.7 億港元；每股基礎盈利為 8.37 港元。董 事局議決派發末期股息每股 2.8 港元，連同中期股息 每股 1.05 港元，全年每股派息 3.85 港元，較上年增 加 14.9% 。 地產發展 連同合作項目的收益，回顧年內財務報表錄得 的物業銷售收益為 433.56 億港元，為集團帶來 117.01 億港元溢利。在年內，合約銷售總額創 下新高，按所佔權益計算約達 4 0 7 億港元；而 自 2016 年 7 月至今，合約銷售總額約達 250 億港 元。 投資物業 集團的租金收入在年內穩定增長，連同合作項目 租金計算，總租金收入按年上升 7% 至 210.36 億 港元，淨租金收入亦按年上升 7% 至 164.81 億港 元。租金收入表現穩健是由於香港和內地物業的 續租租金持續上升，以及新投資物業帶來的收 益。 對前景充滿信心 集團的土地儲備足以應付五年以上的發展需要； 而在未來三個財政年度，集團每年落成的香港住 宅總樓面面積將超過 278,700 平方米（ 300 萬平 方呎），以中小戶型為主。一如以往，新項目會 在準備就緒後開售。集團亦會繼續物色購買土地 的機會，長遠保持物業落成量在高水平。 集團將繼續提高投資物業組合的競爭力，除了提 升物業資產品質外，亦會調整行業及租戶組合以 加強集團的優質品牌。在未來一、兩年間，隨著 新投資物業落成，總租金收入將進一步加強。 Group Chairman & Managing Director Raymond Kwok (fourth right) with top management at the results announcement 集團主席兼董事總經理郭炳聯（右四）聯同管 理團隊公佈年度業績 簡訊 Vol 82 • Q4 2016 • SHKP Quarterly 31