Profit and Loss 6 months ended 30 June |
2023 | 2022 | YoY (%) |
---|---|---|---|
Revenue | 908.7 | 867.5 | +4.7 |
Property Operating Expense | 216.0 | 213.9 | +1.0 |
Net Property Income | 671.9 | 634.0 | +6.0 |
Distributable Income | 447.7 | 456.9 | -2.0 |
Distribution to Unitholders | 447.7 | 456.9 | -2.0 |
DPU (HK cents) | 22.36 | 23.05 | -3.0 |
Payout Ratio | 100% | 100% | - |
Balance sheet as at 30 June |
2023 | 2022 | YoY (%) |
---|---|---|---|
Investment Properties | 39,537 | 39,201 | +0.9 |
Total Assets | 40,262 | 39,865 | +1.0 |
Total Liabilities | 11,444 | 10,691 | +7.0 |
NAV per Unit (HK$) | 14.39 | 14.72 | -2.2 |
Financial Ratios as at 30 June |
2023 | 2022 | YoY (%) |
---|---|---|---|
Cost to Revenue Ratio | 23.8% | 24.7% | -0.9 |
Gearing | 23.8% | 22.4% | +1.4 |
Interest Cover (Times) | 4.6 | 5.8 | N/A |
Operational Statistics as at 30 June |
2023 | 2022 | YoY (%) |
---|---|---|---|
Occupancy | 94.1% | 93.9% | +0.2 |
Profit and Loss for the year ended 31 December |
2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|
Revenue1 At the end of 2018, “Revenue” has been reclassified to conform with the new presentation format. Accordingly, “Revenue” of prior years (i.e. 2016 and 2017) were restated. | 1,764.4 | 1,806.4 | 1,843.8 | 1,959.7 | 1,940.1 |
Property Operating Expense1 At the end of 2018, “Revenue” has been reclassified to conform with the new presentation format. Accordingly, “Revenue” of prior years (i.e. 2016 and 2017) were restated. | 434.2 | 424.8 | 425.1 | 433.0 | 422.6 |
Net Property Income | 1,290.2 | 1,340.2 | 1,376.1 | 1,480.9 | 1,471.8 |
Distributable Income | 877.3 | 981.1 | 970.4 | 993.8 | 986.2 |
Distribution to Unitdolders | 877.3 | 883.0 | 921.9 | 993.8 | 986.2 |
DPU (HK cents) | 44.15 | 44.83 | 47.16 | 51.28 | 51.28 |
Payout Ratio (%) | 100% | 90% | 95% | 100% | 100% |
Balance sheet as at 31 December |
2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|
Investment Properties | 39,503 | 39,500 | 39,075 | 42,820 | 42,000 |
Total Assets | 40,335 | 39,725 | 39,336 | 43,049 | 42,632 |
Total Liabilities | 11,408 | 10,542 | 10,705 | 10,425 | 10,619 |
NAV per Unit (HK$) | 14.52 | 14.79 | 14.62 | 16.81 | 16.61 |
Financial Ratios as at 31 December |
2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|
Cost to Revenue Ratio1At the end of 2018, “Revenue” has been reclassified to conform with the new presentation format. Accordingly, “Revenue” of prior years (i.e. 2016 and 2017) were restated. | 24.6% | 23.5% | 23.1% | 22.1% | 21.8% |
Gearing | 23.9% | 22.4% | 22.4% | 19.8% | 20.9% |
Interest Cover (Times) | 4.8 | 6.3 | 5.0 | 5.0 | 5.9 |
Operational Statistics as at 31 December |
2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|
Occupancy | 93.9% | 94.3% | 95.8% | 96.9% | 93.1% |
Unit data as at 31 December |
2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|
Year-end Closing Unit Price (HK$) | 6.34 | 8.01 | 7.39 | 9.09 | 8.99 |
Units in Issue and to be Issued ('000) | 1,992,462 | 1,973,804 | 1,958,887 | 1,941,116 | 1,927,905 |
Market Capitalisation (HK$ million) | 12,632 | 15,780 | 14,446 | 17,612 | 17,300 |