Far East Consortium International chairman and CEO David Chiu
Far East Consortium leads today’s headline roundup as the Hong Kong developer outshines its peers with a hefty profit increase. Also making the list, Joseph Lau’s Chinese Estates eyes exits from key London assets and Japan’s NTT preps a domestic data centre REIT.
Hong Kong-Listed Far East Consortium Posts 31% Profit Jump
Far East Consortium International said its attributable net profit for the year to the end of March rose 31.3 percent to HK$226 million ($28.9 million).
Revenue rose 57.5 percent to HK$10.2 billion as…
