- Statement of Profit or Loss Highlights
- Statement of Financial Position Highlights
-
- Revenue
(HK$m) - Gross profit
(HK$m) - Net (loss)/profit attributable to Shareholders
(HK$m) - Adjusted cash profit(1)
(HK$m) - Adjusted cash profit margin(2) (%)
- Total dividend
(HK cents)
- FY2021
- 5,944
- 1,841
- 543
- 630
- 10.6
- 19.0
- FY2022
- 5,896
- 1,984
- 1,300
- 1,425
- 24.2
- 20.0
- FY2023
- 6,346
- 1,669
- 172
- 576
- 8.9
- 14.0
- FY2024
- 10,204
- 2,785
- 226
- 780
- 7.6
- 14.0
- FY2025
- 9,572
- 2,361
- (1,275)
- 266
- 2.8
- 1.0
- 1H FY2026
- 3,756
- 919
- (988)
- 203
- 5.4
- NIL
(1) Adjusted cash profit is calculated by adjusting for (i) change in fair value of financial assets at fair value through profit or loss (“FVTPL”); (ii) loss on disposal of debt instruments at fair value through other comprehensive income (“FVTOCI”); (iii) change in fair value of derivative financial instruments; (iv) reversal of impairment loss on amount due from a JV; (v) change in fair value of investment properties (after tax); (vi) impairment loss under expected credit loss (“ECL”) model recognised on trade debtors; (vii) impairment loss under ECL model recognised on debt instruments at FVTOCI; (viii) impairment loss recognised on deposits for acquisition of PPE; (ix) impairment loss on properties for sale; (x) share of impairment loss recognised by a JV; (xi) share of impairment loss recognised by an associate; and (xii) depreciation and impairment to net loss attri. to the shareholders of the company. We do not believe the said items are reflective of our core cash profit from our operating performance during the periods presented.
(2) Adjusted cash profit margin represents the adjusted cash profit which represents the loss attributable to shareholder of the Company before (i) change in fair value of financial assets at FVTPL; (ii) loss on disposal of debt instruments at FVTOCI; (iii) change in fair value of derivative financial instruments; (iv) reversal of impairment loss on amount due from a JV; (v) change in fair value of investment properties (after tax); (vi) impairment loss under ECL model recognized on trade debtors; (vii) impairment loss under ECL moder recognized on debt instruments at FVTOCI; (viii) impairment loss recognised on deposits for acquisition of property, plant and equipment; (ix) impairment loss on properties for sale; (x) share of impairment loss recognised by a JV; (xi) share of impairment loss recognised by an associate; and (xii) depreciation and impairment; and adjusted for minority interests divided by the revenue. We do not believe the said items are reflective of our core cash profit margin from our operating performance during the periods presented.
-
- Cash balance and investment securities
(HK$m) - Current ratio
- Adjusted Net gearing ratio (%)
- Adjusted total assets(1)
(HK$m) - Adjusted net asset value attributable to Shareholders(1)
(HK$m)
- Adjusted net asset value per share(1)
(HK$)
- 31.3.2021
- 8,569
- 1.54
- 54.9
- 67,451
- 31,347
- 13.09
- 31.3.2022
- 9,936
- 1.81
- 57.9
- 73,600
- 33,428
- 13.81
- 31.3.2023
- 6,545
- 1.04
- 73.8
- 72,659
- 31,591
- 11.67 (2)
- 31.3.2024
- 4,920
- 1.32
- 68.1
- 65,943
- 30,362
- 10.77
- 31.3.2025
- 3,878
- 1.11
- 67.6
- 61,224
- 28,505
- 9.32
- 30.9.2025
- 3,698
- 1.08
- 64.9
- 59,406
- 27,918
- 9.13
(1) Includes hotel revaluation surplus based on independent valuation assessed as at 31.3.2025.
(2) Accounted the 1:10 Bonus Shares issued by the Company in September 2022.
