Wharf reported FY2025 profit attributable to equity shareholders of HKD 50 million, compared with a loss a year earlier, and underlying net profit rose 47% to HKD 4.1 billion due mainly to lower impairment provisions for mainland development properties and reduced borrowing costs. FY2025 revenue fell 9% to HKD 11 billion and operating profit declined 10% to HKD 5.07 billion. The investment properties revaluation deficit narrowed 39% to HKD 3.64 billion, while impairment provisions for mainland development properties fell 58% to HKD 839 million. Wharf ended FY2025 with net cash of HKD 2 billion after selling HKD 9.7 billion of long-term investments, and net asset value rose 7% to HKD 48.01 per share. The company kept total FY2025 dividends unchanged at HKD 0.4 per share and said it will focus on financial management amid uncertainties, noting Hong Kong property momentum but risks from interest-rate fluctuations and inventory overhang.

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. The Wharf (Holdings) Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260312-12049140), on March 12, 2026, and is solely responsible for the information contained therein.