- 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
- FY2026
- 6,606
- 1,763
- (1,211)
- 109
- 1.7
- 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) change in fair value of derivative financial instruments; (iii) provisional gain acquisition of the additional equity interest in DBC; (iv) change in fair value of investment properties (after tax); (v) loss on disposal of debt instruments at fair value through other comprehensive income (“FVTOCI”); (vi) share of impairment loss recognised by an associate and a JV; (vii) impairment loss on properties for sale; (viii) impairment loss (including reversals of impairment losses) on financial assets; (ix) impairment loss on deposit for acquisition of property, plant and equipment; (x) deferred tax expense from provisional gain on asset swaps; and (xi) depreciation and impairment of property, plant and equipment; and adjusted for minority interests. We do not believe 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) change in fair value of derivative financial instruments; (iii) gain acquisition of the additional equity interest in DBC; (iv) change in fair value of investment properties (after tax); (v) loss on disposal of debt instruments at FVTOCI;(vi) share of impairment loss recog nised by an associate and a JV; (vii) impairment loss on properties for sale; (viii) impairment loss (including reversals of impairment losses) on financial assets; (ix) impairment loss on deposit for acquisition of property, plant and equipment; (x) deferred tax expense from gain on asset swaps; and (xi) depreciation and impairment of property, plant and equipment; and adjusted for minority interests divided by the revenue. We do not believe 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
- 31.3.2026
- 3,677
- 1.10
- 63.0
- 60,794
- 28,140
- 9.20
(1) Includes hotel revaluation surplus based on independent valuation assessed as at 31.3.2026 (except Dorsett Canary Wharf London, the valuation of which was carried out after 31 March 2026) and 31 March 2025, respectively.
(2) Accounted the 1:10 Bonus Shares issued by the Company in September 2022.
