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(4 March, 2014, Hong Kong) SOHO China Ltd., Stock Code: HK410 announces today the Company's annual results for the period beginning January 1, 2013 and ended 31 December 2013. SOHO China achieved outstanding financial results over the Period. Core earnings reached a record high of RMB4.4 billion, up 33% over 2012. Core net margin also rose to a historical high of 30%.
The Company made major progress in during in the Period in Beijing and Shanghai, with Wangjing SOHO, Galaxy SOHO, SOHO Century Plaza and Qianmen projects all achieving strong leasing results.
The board has approved a final dividend of RMB0.13 per share, bringing the annual dividend to RMB0.25 per share for the full year. The Company has consistently paid a high and stable dividend, with an average dividend yield of 5.5% over the last four years.
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