Xinhong Base Properties announced interim results for 2023/24. For the six months ended 31 December 2023, the company's underlying profit was HK$89,0600 million, down approximately 6% from the same period last year. During the period, the Group's profit from property sales mainly came from its Hong Kong projects, while revenue from mainland property sales declined due to lower sales volumes. The property rental business grew due to increased retail rental income in the Mainland and Hong Kong. The Group declared an interim dividend of HK$0.95 per share with a dividend date of 20 March 2024. In addition, the Group recorded an unrealized net gain of HK$4 billion to HK$4,3200 million in the fair value movement of its investment properties. The Group maintained a solid financial position, with the net lending ratio rising to 21.2%, mainly due to the fact that payment for the sale of residential properties in Hong Kong has not been received during the period and is expected to be received in the coming months.

Xinhong Base Properties announced interim results for 2023/24. For the six months ended 31 December 2023, the company's underlying profit was HK$89,0600 million, down approximately 6% from the same period last year. During the period, the Group's profit from property sales mainly came from its Hong Kong projects, while revenue from mainland property sales declined due to lower sales volumes. The property rental business grew due to increased retail rental income in the Mainland and Hong Kong. The Group declared an interim dividend of HK$0.95 per share with a dividend date of 20 March 2024. In addition, the Group recorded an unrealized net gain of HK$4 billion to HK$4,3200 million in the fair value movement of its investment properties. The Group maintained a solid financial position, with the net lending ratio rising to 21.2%, mainly due to the fact that payment for the sale of residential properties in Hong Kong has not been received during the period and is expected to be received in the coming months.