SINGAPORE (July 26): Hongkong Land, a member of the Jardine Matheson Group, reported earnings of US$455 million ($619 million) for the 1H18 ended June, compared with US$470 million in 1H17.

The developer says results from the group’s investment properties were higher, due to positive rental reversions in Hong Kong, while profits from development properties were lower, due to the timing of sales completions in mainland China, partially offset by a higher contribution from Singapore.

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