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2009-3-25 01:45:00 p.m. HKT, XFNA
DJ Wheelock 2008 Net Profit HK$3.43B Vs Apr-Dec 2007 HK$7.62B
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HONG KONG (Dow Jones)--Wheelock & Co. (0020.HK), a Hong Kong-listed investment and property holding company, said Wednesday its net profit for the 12 months ended Dec. 31 was HK$3.43 billion.
The company changed its accounting period to the calendar year, in line with its Wharf (Holdings) Ltd. unit, from the fiscal year running from April to March.
It said its net profit for April-December 2007 was HK$7.62 billion.
Revenue in the 12 months ended Dec. 31, 2008, was HK$22.58 billion, while revenue for April-December 2007 was HK$17.92 billion.
Wheelock declared a final dividend of HK$0.10 a share, unchanged from a year earlier.
-By Yvonne Lee, Dow Jones Newswires; 852-2802-7002; yvonne.lee@dowjones.com
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