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