HON KWOK LAND (00160) announces interim results, with a net loss attributable to shareholders of HK$227 million, representing a 480.81% increase year-on-year.

HON KWOK LAND (00160) released its mid-term performance for 2025-26, with a group income of HK$438 million, a year-on-year increase of 38.49%; shareholders' attributable loss of HK$227 million, a year-on-year increase of 480.81%; and a loss per share of HK$0.32. The company maintained stability in its commercial and retail leasing portfolio in mainland China - Shenzhen, Guangzhou, and Chongqing. The company's HONKWORK shared office space and HonLink Hanlin rental program are attracting tenants with flexible, efficient, and sustainable solutions. In Hong Kong, Han Guo Jordan Center and the fully leased data center continue to provide stable income, strengthening the recurring income base. Residential sales led by "Harbour Plaza Tai" contributed operating profit of HK$56.6 million. Sales performance has been solid, and the retail floor "Tongqing Square" has shown impressive performance with its carefully selected tenant mix that meets local demand, proving that the mixed-use concept is still favored by consumers. In the hotel sector, the Japanese hotel portfolio continues to perform well. Occupancy rates and room rates in Tokyo and Osaka are strong, validating the company's long-term investment philosophy in the region. Returning to the local market, the Baoxuan Hotel (Central) is expected to reopen in January 2026, with all retail spaces fully leased. The company expects this to be a significant source of income in the second half of the year.