Hon Kwok Land HY 2025 net profit drops to HKD 26.5 million amid HKD 438.2 million revenue and HKD 316.1 million fair value loss on investment properties

Reuters
2025.12.29 08:52
portai
I'm PortAI, I can summarize articles.

Hon Kwok Land Investment Co. Ltd. reported a net profit of HKD 26.5 million for HY 2025, down from previous periods, with total revenue of HKD 438.2 million. The company faced a fair value loss of HKD 316.1 million on investment properties. Revenue from contracts with customers was HKD 74.0 million, including property sales of HKD 52.6 million and property management income of HKD 21.3 million. Gross rental income was HKD 242.5 million, and the Riverside development generated an operating profit of HKD 56.6 million. No interim dividend was recommended.