FY2015 Annual Results - page 1

Media Information
FY2015 Annual Results Highlights
(24 Sep 2015, Hong Kong) New World Development Company Limited (“NWD” or the “Group”; Hong Kong stock
code: 17) today announced the audited consolidated annual results for the financial year ended 30 Jun 2015.
Business Review – Delivered strong profit attributable to shareholders
Profit attributable to shareholders of the Company: HK$19,112.0 mn, up 97%
Underlying profit: HK$6,770.0 mn, up 4%
FY2015 full year dividend: HK$0.42 per share
Financial – Stable financial position ready for opportunities
Cash on hand and bank balances: HK$59.5 bn
Net gearing of the Group: 24.1%, down 3.2% pts
Net gearing of NWD (excl. NWSH, NWCL and NWDS): 16.0%, down 6.8% pts
HK property sales review – Proven track record of robust execution
In FY2015, Hong Kong property development segment was mainly contributed by: The Austin, Grand
Austin, Park Signature, The Woodsville, The Woodside, EIGHT SOUTH LANE, Double Cove, Double Cove
Starview and The Reach
Robust execution with proven track record:
HK$17.2 bn Hong Kong attributable contracted sales achieved in FY2015, surpassed the original
target of HK$12.0 bn
HK property sales outlook – Abundant and diversified saleable resources with artisanal elements
Stable launch pipeline with balanced product mix:
Over 2,500 new residential units. Key projects including SKYPARK in Mong Kok, Double Cove
Grandview in Ma On Shan, MOUNT PAVILIA in Sai Kung, THE PARKHILL in Yuen Long, FLEUR PAVILIA
in North Point and BOHEMIAN HOUSE in Western District
As at 13 September 2015, around 3,100 units of saleable resources (over 2,500 units from new projects,
together with over 500 units from the projects launched before FY2016)
HK landbank – Actively manage development resources via various channels
Attributable GFA of ready landbank: 8.8 mn sq ft, of which 5.2 mn sq ft are residential GFA
Attributable land area of farmland: 18.2 mn sq ft, majority located in Northwest New Territories
Active management of landbank, total 2.9 mn sq ft added:
Tender: MTRC Tai Wai Station project
Acquisition: 704-730 King’s Road in North Point and KOHO in Kwun Tong
Stake increase: MOUNT PAVILIA in Sai Kung (from 56% to 63%, up 7% pts) and Yau Tong
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