Miramar Hotel (00071) announced its annual performance, with a net profit attributable to shareholders of approximately HK$678 million, down by 9.3% compared to the previous year.

MIRAMAR HOTEL (00071) announced its full-year performance for 2025, with revenue decreasing by 9.7% year-on-year to HK$2.581 billion; attributable net profit to shareholders is approximately HK$678 million, a decrease of 9.3% compared to the previous year; attributable underlying net profit decreased by 16.2% year-on-year to HK$696 million; earnings per share and underlying earnings per share were HK$0.98 and HK$1.01 respectively; a final dividend of 30 HK cents per share is proposed. The announcement stated that in 2025, the global business environment faced many challenges. The escalating trade tensions between China and the US led to cancellations of business travelers to Hong Kong, affecting business confidence and consumer sentiment. At the same time, the trend of Hong Kong residents shopping in the mainland China continued, causing structural pressure on the local retail and F&B market. Despite these challenges, Hong Kong's real GDP recorded a 3.5% growth, and the number of visitors to Hong Kong reached 49.9 million, a 12.0% increase from the previous year, providing some support to the group's business.