Hongkong Land Holdings Limited announced group interim management statement for the third quarter ended September 30, 2023. For the quarter, the Group's underlying profit was lower than in the same period in 2022. Total contributions from Investment Properties were broadly in line with the same period last year, with higher contributions from the Group's luxury retail portfolio and Singapore office largely offsetting lower contributions from the Hong Kong office portfolio.

There were lower contributions from Development Properties, due to the timing of planned sales completions. Net financing charges were higher as a result of an increase in interest costs.