Keck Seng Investments (00184) releases annual performance, with profit attributable to shareholders amounting to HK$257 million, representing a year-on-year increase of 0.64%.

KECK SENG INV (00184) announced its annual performance for the year ending December 31, 2025. The group achieved a revenue of HK$1.616 billion, a decrease of 4.47% compared to the previous year. The profit attributable to equity shareholders of the company was HK$257 million, an increase of 0.64% compared to the previous year. Earnings per share were 75.7 HK cents, and the company plans to distribute a dividend of 9 HK cents per share for the year. The announcement stated that in 2025, the profit from the hotel business was HK$310 million (in 2024: HK$351 million). The decrease compared to the previous year mainly reflects the absence of a one-off profit of HK$156 million recorded in 2024 due to the sale of a hotel property HK&S HOTELS. This impact was partially offset by an increase in impairment loss reversal of a hotel property in 2025 to HK$267 million (in 2024: HK$170 million). Excluding these non-recurring and non-cash items, the core performance also reflects the temporary reduction in salable room inventory due to renovation projects, while the strong growth in revenue from Japanese rooms driven by demand helped alleviate some of the impact.