Henderson Land reports 66 percent interim profit increase

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Henderson Land Development reported a 66 percent increase in its interim profit to HK$5.07 billion for the first half of 2026, compared to HK$2.02 billion during the same period the previous year. Co-chairmen Peter Lee Ka-kit and Martin Lee Ka-shing attributed the growth to the successful launch of urban projects and favorable market conditions. The developer’s attributable contracted sales in Hong Kong surged 188 percent to HK$18.11 billion, driven by the strong performance of developments such as Chester and One Victoria Cove.

Consequences

Shareholders are scheduled to receive an interim dividend of 50 HK cents per share on September 17. The high sell-through rates, including the total sale of 468 units at One Victoria Cove, indicate a strong immediate liquidity position for the firm following its recent project cycle.

Sources

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