- Robust Growth in Infrastructure Facilities
- Stable Development in Real Estate and Consumer Products
SHANGHAI, Aug. 30, 2018 /PRNewswire/ -- Shanghai Industrial Holdings Limited ("SIHL", SEHK Stock Code: 0363) announced its unaudited interim results for the period ended 30 June 2018. Revenue amounted to HK$15.339 billion, with an increase of 26.3% year-on-year; net profit was HK$1.982 billion, increased by 22.6% year-on-year. The board of directors has proposed an interim dividend of HK48 cents per share.
The board of directors has proposed an interim dividend of HK48 cents per share.
2018 Interim Results Highlights:
Unaudited For the six months ended 30 June |
|||
2018 |
2017 (restated) |
Change |
|
Revenue (HK$ million) |
15,339 |
12,141 |
26.3% |
Profit attributable to shareholders (HK$ million) |
1,982 |
1,616 |
22.6% |
Earnings per share (HK$) |
1.823 |
1.487 |
22.6% |
Dividend per share–interim (HK cents) |
48 |
46 |
|
As at 30 June 2018 |
As at 31 December 2017 (restated) |
Change |
|
Total assets (HK$ million) |
171,205 |
174,382 |
-1.8% |
Equity attributable to the owners of the Company (HK$ million) |
42,282 |
41,743 |
1.3% |
Profit Contributions by Business
Business Highlights:
Infrastructure Facilities
Real Estate
Consumer Products
Mr. Shen Xiao Chu, Chairman of SIHL, stated, "The global economy was complex and volatile in the first half of 2018. Under the leadership of the board and our management team, SIHL actively enhanced its operating efficiency, revitalized assets and seized market opportunities. The Company achieved an outstanding performance in the first half of 2018 and realized the strategic objectives, laying a solid foundation for its development in the second half of the year. Looking ahead, SIHL will continue to promote high-quality business development, adhere to transformation and innovation and further optimize its asset portfolio. In addition, SIHL will continue to improve its corporate governance efficiency and strengthen its risk management, aiming to to create better value for shareholders."
About SIHL
Shanghai Industrial Holdings Limited ("SIHL", SEHK Stock Code: 0363) is the largest overseas conglomerate under Shanghai Industrial Investments (Holdings) Co., Ltd ("SIIC"). As the flagship of the SIIC group of companies, SIHL has been successful in leveraging its Shanghai advantage since listing, in terms of securing the best investment opportunities in mainland China with full support from the parent company.
Over the past 20 years, SIHL has secured a unique position as a leading red chip company in Hong Kong with three core businesses: infrastructure facilities, real estate and consumer products. SIHL will continue to raise its governance standard in order to create favourable returns and value for shareholders.
For more information about SIHL, please visit the company website at www.sihl.com.hk.
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