HK Stock Market Move | SINO LAND (00083) dropped nearly 4%, with a 15.77% decrease in net profit attributable to shareholders in the middle term compared to last year. In the short term, they have a more open attitude towards increasing dividends.

SINO LAND (00083) fell nearly 4%, as of the time of publication, fell 3.6% to 12.32 Hong Kong dollars, with a turnover of 90.9878 million Hong Kong dollars. On the news front, on February 27, SINO LAND released its performance for the 6 months ending December 31, 2025. The group's revenue during the period was 5.185 billion Hong Kong dollars, an increase of 34.54% year-on-year; the net profit attributable to shareholders of the company was 1.533 billion Hong Kong dollars, a decrease of 15.77% year-on-year; basic earnings per share (as shown in the accounts) were 0.17 Hong Kong dollars; and the company plans to distribute an interim dividend of 15 Hong Kong cents per share. Bank of America Securities released a research report stating that SINO LAND's basic net profit for the first half of the fiscal year ended December 2025 to 2026 fell slightly by 0.9% year-on-year to 2.22 billion Hong Kong dollars, which is 6% lower than the bank's expectations, mainly due to a decrease in contributions from joint ventures. The bank expects that SINO LAND's profitability will only see a significant recovery in the fiscal year 2027, as the group still has land projects with high land cost to be accounted for. However, the management is now more open to increasing dividends in the short term and no longer emphasizes profit per share growth as a prerequisite.