CK Asset Nearly Triples Property Sales to $2.8B as Development Profit Falls 57%

Li Ka-shing’s CK Asset Holdings nearly tripled first-half property sales to HK$21.6 billion ($2.8 billion), but profit contribution from the development business sank 57 percent as low-margin Hong Kong completions swelled revenue. Attributable profit rose 37.8 percent to HK$8.7 billion... Read More>> The post CK…