WHARF HOLDINGS Slips ~3% in PM Trade as Interim Underlying NP Falls 17%, Despite Higher DPS
I'm LongbridgeAI, I can summarize articles.Wharf Holdingsshares fell ~3% after reporting interim results. Revenue dropped 5.7% YoY to HKD5.34 billion, and net profit plunged 91%. Underlying net profit declined 17% to HKD1.697 billion due to lower dividend income from portfolio unwinding, offset by higher interest income and property sales. Despite the profit drop, the company raised its total dividend per share to HKD0.40, including a special DPS for its 140th anniversary.
WHARF HOLDINGS (00004.HK) -0.420 (-1.959%) Short selling $4.06M; Ratio 21.255% announced its interim results at noon today (11th). The stock came under pressure in afternoon trade, last reporting at HKD20.84, down 2.8%, with turnover of HKD25.8333 million.
The company's revenue for 1H amounted to HKD5.344 billion, down 5.7% YoY. Net profit was HKD48 million, plunging 91% YoY, while EPS was HKD0.02. The company declared a first interim DPS of HKD0.20 and a special DPS of HKD0.20 to celebrate its 140th anniversary, bringing total DPS to HKD0.40, compared with HKD0.20 in the same period last year.
Excluding impairment from investment property revaluation, the group's underlying net profit during the period decreased by 17% to HKD1.697 billion, mainly reflecting lower dividend income after unwinding part of the investment portfolio since 1Q25, partly mitigated by higher interest income and sales recognition from Hong Kong development property.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-11 12:25.)