FY2018 annual results - 20 Sep 2018
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Corporate structure
HK stock code 17/ US ADR NDVLY
HK Hang Seng Constituent Stock/ Shanghai Shenzhen connect stock Property development and investment in Hong Kong
New World China Land
Wholly owned subsidiary
Property development and investment in China
NWS Holdings
HK stock code 659/ Interest: 61%
Infrastructure and Service
New World Department Store China
HK stock code 825/ Interest: 75%
Department stores in China
(As at 30 Jun 2018)
Financial review
Financial highlights
(HK$ million) FY2018 FY2017 | YoY change (%) |
Revenue | 60,688.7 | 56,628.8 | 7.2% |
Segment results | 15,844.6 | 14,090.4 | 12.4% |
Changes in fair value of investment properties | 15,367.1 | 1,363.8 | 1,026.8% |
Profit for the year | 27,081.2 | 10,474.7 | 158.5% |
Profit attributable to shareholders of the Company | 23,338.1 | 7,675.7 | 204.1% |
Underlying profit | 7,977.6 | 7,133.3 | 11.8% |
Interim dividend (HK$) | $0.14 | $0.13 | 7.7% |
Final dividend (HK$) | $0.34 | $0.33 | 3.0% |
Full year dividend (HK$) | $0.48 | $0.46 | 4.3% |
Reported basic earnings per share (HK$) | $2.34 | $0.80 | 192.5% |
Underlying earnings per share (HK$) | $0.80 | $0.75 | 6.7% |
Net debt | 74,859.0 | 76,870.2 | -2.6% |
Gearing ratio (%) | 29.3% | 34.8% | -5.5 percentage points |
17.HK - New World Development |
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New World Development Co. Ltd. published this content on 20 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 September 2018 07:52:08 UTC