Wharf Holdings (00004) has announced its annual performance, with a profit of HKD 50 million attributable to shareholders, reversing losses from the previous year.
The Wharf Group (00004) released its annual performance announcement for 2025, with the group earning revenue of 10.97 billion Hong Kong dollars, a year-on-year decrease of 9.23%. Shareholders' profit attributable to equity holders was 50 million Hong Kong dollars, compared to a loss of 3.24 billion Hong Kong dollars in the same period last year. Basic earnings per share were 0.02 Hong Kong dollars. It is proposed to distribute a second interim dividend of 0.20 Hong Kong dollars per share.
WHARF HOLDINGS (00004) announced its full-year performance for 2025, with the group generating revenue of HK$10.997 billion, a decrease of 9.23% year-on-year. Shareholders' profit attributable was HK$50 million, compared to a loss of HK$3.224 billion in the same period last year. Basic earnings per share were HK$0.02. The group plans to distribute a second interim dividend of HK$0.20 per share.
The announcement stated that the group's underlying net profit increased by 47% to HK$4.104 billion (2024: HK$2.798 billion), mainly due to a reduction in property impairment provisions and lower borrowing costs.
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