| Business Summary | | Hysan
Development
Company
Limited
is
a
property
investment
company
in
Hong
Kong.
Its
investment
property
portfolio
totals
approximately
4.7
million
gross
square
feet
in
the
Causeway
Bay
district
of
Hong
Kong.
In
addition,
the
Company
has
property
investments
in
Singapore
and
Shanghai,
People's
Republic
of
China.
Hysan
oversees
the
development,
marketing,
leasing
and
management
of
its
property
portfolio
so
to
ensure
the
quality
of
its
property
development
and
investments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HYSNY
invests
in
office,
retail,
and
residential
properties
in
Hong
Kong,
Singapore,
and
Shanghai.
For
the
fiscal
year
ended
12/31/99,
revenues
dropped
55%
to
HK$2.91
billion.
Net
income
rose
6%
to
HK$1.2
billion.
Revenues
reflect
lower
income
from
sales
of
properties
and
investment
securities
and
decreased
rental
rates
on
office
properties.
Net
income
reflects
lower
finance
costs
due
to
reduced
debt
outstanding
and
an
absence
of
impairment
losses
in
securities. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Hon Lee | Chairman | Peter Lee | Managing
Director, Director | Joseph Mau | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|