Below are the financial statements of Hang Lung Properties, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of HKD | 2024 | 2023 |
|---|---|---|
| Revenue | 11,242a | 10,316a |
| Direct costs and operating expenses | -4,787a | -2,927a |
| Other net income | 35a | 24a |
| Administrative expenses | -650a | -651a |
| Profit from operations before changes in fair value of properties | 5,840a | 6,762a |
| Decrease in fair value of properties | -937a | -9a |
| Profit from operations after changes in fair value of properties | 4,903a | 6,753a |
| Interest income | 42a | 71a |
| Finance costs | -926a | -692a |
| Net interest expense | -884a | -621a |
| Share of profits of joint ventures | 26a | 36a |
| Profit before taxation | 4,045a | 6,168a |
| Taxation | -1,388a | -1,572a |
| Profit for the year | 2,657a | 4,596a |
| Attributable to | — | — |
| Shareholders | 2,153a | 3,970a |
| Non-controlling interests | 504a | 626a |
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