Sun Hung Kai Properties Limited : annual earnings release
September 10, 2018 at 09:15 am EDT
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The company will report its earnings for FY 2018 on 09/13/2018. Generally, the company reports earnings better than estimates. In recent months, the 10 analysts from Thomson Reuters consensus have revised their EPS estimates upward.
Annual earnings per share is expected at 10.22 HKD for 2018 (- 29.2% from 2017). A summary of annual publications and estimates is available below.
Sun Hung Kai Properties Limited specializes in the development and promotion of real estate assets. Net sales break down by activity as follows:
- sale of real estate assets (47.4%): real estate assets of company and residential, hotels, etc.;
- real estate management (25.5%): renting of offices, shopping centers, housings, etc.;
- telecommunications services (6.9%);
- hotels operating (2.6%): operating, at the end of June 2021, of 14 hotels located in Hong Kong (names Alva Hotel, Hyatt Centric, W Hong Kong, Royal Park Hotel, The Royal Garden, Royal Plaza Hotel, Royal View Hotel, The Ritz-Carlton, Crowne Plaza, etc.);
- other (17.6%): transport infrastructure management and logistics, property management, department store operations, data centre operations, financial services, etc.
Net sales break down geographically as follows: Hong Kong (83.5%), China (16.1%) and other (0.4%).
SUN HUNG KAI PROPERTIES LIMITED 
