--- title: "HARBOUR CENTRE (0051) reported a loss of HKD 234 million last year" type: "News" locale: "en" url: "https://longbridge.com/en/news/278032738.md" description: "HARBOUR CENTRE announced its performance for the year ending 2025, with a loss attributable to shareholders widening to HKD 234 million, a significant increase from HKD 70 million in the same period last year. The underlying net loss was HKD 22 million, with a profit of HKD 83 million expected in 2024. Revenue decreased by 0.66% to HKD 1.345 billion, and operating profit fell by 41.8% to HKD 235 million. In Hong Kong operations, hotel occupancy rates improved, and room revenue saw double-digit growth, but income and profit from investment properties dropped by 12%. The net impairment of investment properties was HKD 212 million" datetime: "2026-03-06T05:59:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278032738.md) - [en](https://longbridge.com/en/news/278032738.md) - [zh-HK](https://longbridge.com/zh-HK/news/278032738.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278032738.md) | [繁體中文](https://longbridge.com/zh-HK/news/278032738.md) # HARBOUR CENTRE (0051) reported a loss of HKD 234 million last year HARBOUR CENTRE (0051.HK) announced its results for the year ending in 2025, with a loss attributable to shareholders of HKD 234 million, significantly widening from a loss of HKD 70 million in the same period last year. Excluding the impairment of investment properties, the underlying net loss was HKD 22 million, while in 2024, it recorded a profit of HKD 83 million. The basic net loss per share was HKD 0.33, and no dividends were declared. In the fiscal year 2025, the group's revenue decreased by 0.66% to HKD 1.345 billion, and operating profit fell by 41.8% to HKD 235 million. In terms of its Hong Kong operations, the group's two hotels saw an increase in occupancy rates compared to 2024, with room revenue achieving double-digit growth, offsetting the overall weak performance of the market's dining and banquet businesses, allowing the hotel operations to return to operating profit. However, the performance of investment properties was affected by the uneven recovery of the retail market, with both revenue and operating profit declining by 12%. The investment property portfolio recorded a net impairment of HKD 212 million as of December 31, 2025, an increase from HKD 153 million in 2024. In mainland operations, the occupancy rate and average room rate of the Suzhou Nikko Hotel both declined. Management has implemented a precise pricing strategy and launched promotional packages and marketing campaigns to enhance competitiveness and improve revenue capacity. Looking ahead to 2026, HARBOUR CENTRE stated that with targeted policy measures and favorable exchange rate trends, industries related to tourism and consumption in Hong Kong are expected to maintain a recovery momentum. However, uncertainties in geopolitical and macroeconomic conditions still exist, affecting consumer confidence across the various markets the group operates in, and consumer patterns have also changed ### Related Stocks - [HARBOUR CENTRE (00051.HK)](https://longbridge.com/en/quote/00051.HK.md) ## Related News & Research - [China Vanke Posts 2025 Loss, Skips Dividend as Auditor Flags Going-Concern Risk](https://longbridge.com/en/news/281269353.md) - [CSPC Pharmaceutical, Alphamab Oncology's Breast Cancer Drug Study Meets Primary Endpoint](https://longbridge.com/en/news/281325910.md) - [Hon Hai's US Unit Buys Foxconn Assembly for $296 Million; Shares Drop 3%](https://longbridge.com/en/news/281130288.md) - [Huatai Securities Reaffirms Their Buy Rating on BOC Hong Kong (Holdings) (BNKHF)](https://longbridge.com/en/news/281318016.md) - [Longfor Group Holdings (LNGPF) Gets a Buy from CICC](https://longbridge.com/en/news/280899756.md)