Cheung Kong Holdings' net profit up 169%
Updated: 2011-08-04 17:45
(Xinhua)
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HONG KONG-- Cheung Kong Holdings, the real estate company controlled by Hong Kong billionaire Li Ka-shing, said on Thursday its net profit in the first half of 2011 jumped 169 percent from a year ago to HK$33,259 million (about $4,264 million).
In the filing to the Hong Kong stock exchange, Chairman Li said for the six months ended June 30, the Group's profit before share of results of the Hutchison Whampoa Group was HK$10,129 million, a rise of 10 percent over the same period last year.
Earnings per share were HK$14.36.
Cheung Kong Holdings closed down 0.08 percent at HK$119.6 per share on Thursday.