Hongkong Land Holdings, one of the biggest business-district landlords in Hong Kong, said underlying profit rose 70% in the first half as two residential projects in Singapore were completed.
Profit excluding revaluation losses or gains climbed to US$477 million ($645 million), or 21.2 cents a share, in the six months to June 30, from US$281 million, or 12.5 cents a share, a year earlier, the company said in a regulatory statement today.
