Swire Properties Turns to Profit in H1
Swire Properties (HKG:1972) returned to a first-half attributable profit of HK$3.63 billion, compared with an attributable loss of HK$1.20 billion a year earlier.Earnings per share came to HK$0.63, compared with a loss per share of HK$0.21 a year earlier, according to a Thursday Hong Kong bourse filing.Revenue increased 8% to HK$9.41 billion from HK$8.72 billion.The board declared a first interim dividend of HK$0.37 per share, up 6% from the previous year, payable on Oct. 8 to shareholders of record as of Sept. 4.