PolyU Library
Journal Call no.AP8.W56
AuthorJackoboice, George.
Article TitleAbandon Hopewell in the short term : property sell-offs are likely to weaken earnings / George Jackoboice.
Is Part OfWindow ; v.2, no.23, 4 Jun 1993, p.61, illus.
AbstractTo placate shareholders, Hopewell Holdings has been selling off some of its property projects. The profits made from these deals have boosted Hopewell's reported earnings but these are one-off profits. By disposing of assets that were steady contributors,Hopewell risks an earnings dive in its future.