Hysan Development Reports 1.2% Decline in Shareholders' Funds and Net Asset Value per Share in First Half of 2025

Reuters
Aug 28
Hysan Development Reports 1.2% Decline in Shareholders' Funds and Net Asset Value per Share in First Half of 2025

Hysan Development Co. Ltd. has released its financial results for the six months ended June 30, 2025. The company reported a turnover of HK$1.73 billion, marking a 2.2% increase compared to HK$1.693 billion in the same period in 2024. The retail sector contributed HK$862 million, up 2.1% from HK$844 million, while the office sector saw a slight increase of 0.8% to HK$750 million from HK$744 million. The residential sector experienced a notable growth of 12.4%, with revenues rising to HK$118 million from HK$105 million. The Recurring Underlying Profit for the period was HK$1.031 billion, reflecting a 1.2% increase from HK$1.019 billion in the previous year. The company's Underlying Profit also stood at HK$1.031 billion, showing the same 1.2% growth. In terms of Shareholders' Funds, there was a decrease of 1.2% to HK$65.181 billion from HK$65.993 billion as of December 31, 2024. Consequently, the Net Asset Value per Share also declined by 1.2%, amounting to HK$63.5 compared to HK$64.3 at the end of 2024. Hysan Development noted challenges in the retail and property sectors within Hong Kong's economy during the first half of 2025. However, the company remains committed to sustainable development and growth, expressing gratitude to its staff for their dedication and looking forward to embracing new opportunities in the future.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hysan Development Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10