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<Research>UBS: SINO LAND (00083.HK) Interim Profit/ Div. in Line; Shr Price Reaction Expected to Be Neutral
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SINO LAND (00083.HK) reported a core profit of $2.2 billion for 1HFY2026 ended December 2025, representing a YoY decrease of 1%, and maintained its interim DPS at $0.15, with a dividend payout ratio of 62%, both in line with the broker's expectations, UBS released a research report saying.

The Group's net cash level increased further from $49.5 billion as of June 2025 to $51.4 billion. However, due to the decline in interest rates, net interest income fell by 14% YoY to $983 million.

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Therefore, UBS predicted a neutral share price reaction to the results, and now rated SINO LAND at Buy, with a target price of $14.3.
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