SING TAOHenderson Land Development (0012) yesterday said its net profit plunged 45.5 percent year-on-year to HK$17 billion and it did not declare any bonus share for the first time since 2012. Underlying net profit also fell 26 percent to HK$14.64 billion from a year before. Shares of Henderson Land Development dropped 5.5 percent to HK$28.35, and Henderson Investment fell 1.96 percent to HK$0.5. Net profit of Towngas fell 25 percent year-on-year to HK$6.97 billion in 2019. Together with the interim dividend of 12 HK cents per share, the full-year dividend is 35 HK cents per share.

Source: The Standard March 23, 2020 19:07 UTC