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Hongkong Land Holdings says Covid-19 will have impact on its full-year performance

Felicia Tan
Felicia Tan5/5/2021 8:32 PM GMT+08  • 2 min read
Hongkong Land Holdings says Covid-19 will have impact on its full-year performance
Shares in Hongkong Land closed 1 US cent lower or 0.2% down at US$4.84 on May 5.
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Hongkong Land Holdings, a member of the Jardine Matheson Group, says it continues to operate in a challenging environment due to the Covid-19 outbreak, and that it will have a negative impact on its full-year underlying performance.

In its interim management statement for the 1QFY2021, the group adds that its balance sheet remains “strong and well-financed”.

The group’s Investment Properties portfolio remains resilient during the 1QFY2021 due to its high-quality tenant base and active lease management.

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