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16th Fl., Ocean Centre, Harbour City, Canton Road Kowloon, Hong Kong Tel. +852-2118-8118 Fax +852-2118-8018 |
Type: Public
On the web:
http://www.wharfholdings.com
Wharf has a raft of real estate businesses to keep it well afloat. The Hong Kong-based conglomerate is built on commercial and residential property development, trading, and management. Its flagship properties, the Harbour City and Hong Kong Times Square real estate complexes (including hotels, offices, and shops), generate the bulk of its rental income. It also has stakes in shipping terminals and cable TV providers. Majority-owned i-CABLE provides cable and broadband service for Hong Kong residents; Modern Terminals provides shipping terminal services in southern China. The company also operates ferry and tramway services. Wheelock and Company, controlled by tycoon Peter Woo, owns a 50% stake in Wharf.
Key numbers for fiscal year ending December, 2008:
Sales: $2,073.9M
One year growth: (0.1%)
Net income: $866.6M
Income growth: (51.5%)
Officers:
Chairman: Peter K. C. Woo
Deputy Chairman and Managing Director; Chairman and CEO, i-CABLE Communications; Chairman, Harbour Centre Development: Stephen T. H. Ng
Executive Director and CFO: Paul Y. C. Tsui
Competitors:
Cheung Kong Holdings
Hutchison Whampoa
Swire Pacific
