Wharf Real Estate Reports Slight Revenue Decline and Increased Losses; EPS at HK$0.79
Reuters
Sep 11
Wharf Real Estate Reports Slight Revenue Decline and Increased Losses; EPS at HK$0.79
Wharf Real Estate Investment Company Ltd. reported its interim results for 2025, showing a stable underlying net profit of HK$3.119 billion compared to HK$3.123 billion in 2024. However, the company recorded a larger loss attributable to equity shareholders, amounting to HK$2.406 billion, up from HK$1.052 billion in the previous year. This was influenced by a substantial net revaluation deficit in investment properties. Group revenue experienced a slight decrease of 1%, totaling HK$6.407 billion, down from HK$6.501 billion in 2024. Operating profit also saw a decline of 5%, reaching HK$4.684 billion compared to HK$4.915 billion the previous year. Specifically, revenue from investment properties decreased by 3% to HK$5.371 billion, with an operating profit reduction of 4% to HK$4.528 billion. On the other hand, the hotel segment reported a revenue increase of 2% to HK$766 million, and its operating profit nearly doubled to HK$47 million from HK$24 million in 2024. The company remains focused on maintaining a liquid position to capitalize on potential opportunities as they arise.
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. Wharf Real Estate Investment Company Ltd. published the original content used to generate this news brief on September 11, 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.