Hysan’s core profit rose 5% last year
Hysan (014) reported a full-year revenue of 3.548 billion yuan last year, a slight increase of 0.4% year-on-year, with a net profit of 3.636 billion yuan, up 1.98 times. Excluding core value-added earnings of 2.449 billion yuan, , A major beneficiary of a shop tenant early compensation for loss of one-time compensation of 142 million yuan. The second interim interest was $ 1.11, up 1.8% from a year earlier.
Early retirement of merchants pay 140 million
Check the record, early retirement Merchants is withdrawn from the brand-name clothing store Ralph Lauren Hysan Plaza at the end of 16. He Shu, CFO of Hysan, said in a performance report yesterday that the bunkhouse has been rented by two restaurants. Due to the nature of the industry, there is a certain drop in rents but a more diversified business portfolio. Ralph Lauren has also paid off the rent for the next three years in one lump sum.
At the end of last year, the Group’s occupancy rate was 97%, its office space was 96% and its rental income dropped 2.2% and 5.2% respectively. He Shuren pointed out that at present, restaurant rents account for 10% of the rental income of the shopping mall and cover an area of 25%. In the future, the relevant proportion will be largely maintained.
As for the newly completed Lee Gardens Stage 3 Office, He Shuren pointed out that the occupancy rate has reached 60% or above. It is expected that the annual revenue contribution will be made in 2019 and the annual rental income is expected to reach 300 million to 350 million and the occupancy rate will reach 95% the above. When asked whether there will be a plan for land purchase, Chairman Li Yun-lien said the company will continue to study and make decisions. However, “Zhong Chung must be swallowed up."