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HANG LUNG PPT Keeps Conservative, Cautious in Investments This Yr, Feels at Ease on Financial Position
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Adriel Chan, Chair at HANG LUNG PPT (00101.HK), said that the Group's performance was solid. The Group will maintain a conservative and prudent attitude towards investment in the market this year, and will keep an eye on investment opportunities based on the returns and the Group's plan. The Group has emphasized on “deleveraging” more than a year ago, and planned to consolidate the Group's policies, which includes interest rate cuts, scrip dividends and provision for property sales, etc., Chief Executive Officer Weber Lo added. Hence, its financial position is now sound. Although there is bad news in the market or from its peers, the Group will “take a good look at its figures”, and the management is now at ease with the Group's financial position. AAStocks Financial News |
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