SHKP Quarterly

Group announces 2016/17 full year results with record-breaking contracted sales 集團公布 2016/17 全年業績 合約銷售總額再創新高 The Group’s underlying profit attributable to the company’s shareholders for the year ended 30 June 2017, excluding the effect of fair-value changes on investment properties, amounted to HK$25,965 million. Underlying earnings per share were HK$8.97. The directors have recommended the payment of a final dividend of HK$3 per share, which together with the interim dividend of HK$1.10 per share, the dividend for the full year will be HK$4.10 per share, an increase of 6.5% from last year. Property development During the year under review, revenue from property sales as recorded in the financial statements, including revenue from joint-venture projects, amounted to HK$38,629 million. Profit generated from property sales was HK$11,917 million. The Group achieved record contracted sales of about HK$52,400 million for the year in attributable terms. Property investment The Group’s rental business delivered a healthy performance. It continued to register rent increases for new leases and renewals, while contributions from new investment properties, primarily on the mainland, further boosted the solid rental income. Gross rental income, including contributions from joint-venture projects, rose 4% year-on- year to HK$21,897 million, while net rental income increased by 4% year-on-year to HK$17,142 million. Positive outlook The Group will continue to strengthen its property development business. Over the next three years, the average annual residential space scheduled for completion in Hong Kong will be more than three million square feet. The Group will continue to seek opportunities to acquire new sites with reasonable development margins, particularly in Hong Kong, through the conversion of agricultural land and public tenders. It will also continue to adopt a proactive approach to launch its projects. New investment properties in Hong Kong and on the mainland will amount to an aggregate gross floor area of about 15 million square feet in attributable terms over the next five to six years, further elevating the Group’s rental income upon completion. With anticipated high occupancy and positive rental reversions from its existing rental portfolio, the Group’s rental income is expected to perform well in the coming year. 集團公布截至 2017 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 259.65 億港元；每股基礎盈利為 8.97 港元。董 事局議決派發末期股息每股 3 港元，連同中期股息 每股 1.1 港元，全年每股派息 4.1 港元，較上年增加 6.5% 。 地產發展 回顧年內，連同合作項目的收益，財務報表錄得 的物業銷售收益為 386 . 29 億港元，為集團帶來 119.17 億港元溢利。集團在年內錄得破紀錄的合約 銷售總額，按所佔權益計算約達 524 億港元。 投資物業 集團的租金收入表現穩健，新租及續租租金繼續增 長，加上以內地項目為主的新投資物業帶來收益。 連同合作項目租金計算，總租金收入按年上升 4% 至 218.97 億港元，淨租金收入按年上升 4% 至 171.42 億港元。 對前景充滿信心 集團將繼續加強物業發展業務，預計在未來三年， 集團在香港每年落成的住宅樓面平均超過 300 萬平 方呎。集團會繼續積極更改農地用途及參與公開招 標，在有合理回報的情況下物色增添土地的機會， 特別是香港的地皮。一如以往，集團會採取積極的 策略推售項目。 此外，集團於未來五、六年在香港和內地落成的新 投資物業，按所佔樓面面積計算，合共約 1,500 萬 平方呎，待這些物業落成後，集團的租金收入將進 一步提升。預期憑著現有投資物業出租率高，以及 續租租金上升的因素，來年的租金收入將表現不 俗。 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）聯同管理團隊公布年度業績 News in Brief Vol 85 • Q3 2017 • SHKP Quarterly 27