SHK reports a 9.9% rise for interim profit

Hong Kong’s largest property developer, Sun Hung Kai Properties Limited, reported a 9.9% increase for underlying interim profit and declared a 10.5% rise for its interim dividend amid the looming economic downturn. Chairman cum managing director Raymond Kwok said increasing the interim dividend was to indicate its confidence on full-year performance. “Barring unforeseen circumstances, it…