Core Viewpoint - UBS reports that Sino Land Company (00083) has achieved stable year-on-year core profit growth for the fiscal year ending June 2025, amounting to HKD 5.1 billion, which meets expectations [1] - The company maintains a final dividend of HKD 0.43 per share and has increased its net cash holdings to HKD 49.5 billion, providing potential for acquisitions [1] - UBS has adjusted its target price from HKD 10.56 to HKD 10.42, while maintaining a "Buy" rating [1]

Core Viewpoint - The chairman of the board, Huang Zhixiang, has increased his stake in Sino Land Company Limited (00083) by purchasing 22,000 shares at approximately HKD 9.29 per share, totaling around HKD 204,500, which indicates a strong confidence in the company's future prospects [1] Summary by Category Shareholding Activity - On August 28, the chairman acquired 22,000 shares of Sino Land at a price of HKD 9.2945 per share [1] - The total investment amounted to approximately HKD 204,500 [1] - Following this purchase, the chairman's total shareholding increased to approximately 5.534 billion shares, representing a 60.48% ownership stake in the company [1]

Group 1 - The chairman of the board, Huang Zhixiang, increased his stake in Sino Land Company Limited (00083) by purchasing 22,000 shares at a price of HKD 9.2945 per share, totaling approximately HKD 204,500 [1] - Following this acquisition, the total number of shares held by Huang is approximately 5.534 billion, representing a holding percentage of 60.48% [1]

(股份代號：83) 董事名單與其角色和職能 自 2025 年 8 月 31 日起，信和置業有限公司董事會（「董事會」）及董事委員會成員名單 如下： 獨立非執行董事 盛智文，GBM, GBS, JP 李民橋，BBS, JP 黃楚標，JP 陳仲尼，NPC Deputy, SBS, BBS, JP 董事會設立 3 個委員會。下表提供各董事會成員在該等委員會中所擔任的職位。 | | 委員會 | 審核委員會 | 提名委員會 | 薪酬委員會 | | --- | --- | --- | --- | --- | | 董事 | | | | | | 黃永光 | | | C | M | | 黃敏華 | | | M | | | 盛智文 | | M | M | M | | 李民橋 | | C | M | C | | 黃楚標 | | | M | | | 陳仲尼 | | M | | | 附註： C 有關委員會的主席 執行董事 黃永光，SBS, JP（主席） 陳榮光 李正強 田兆源 廖懿妮 非執行董事 夏佳理，GBM, CVO, GBS, OBE, JP 黃敏華 M 有關委員會的成員 香港，2025 年 8 月 29 日 ...

Core Viewpoint - The company reported a stable financial performance for the fiscal year 2024/25, with a focus on maintaining dividends and expanding its property portfolio despite external challenges in the market [3][4][6]. Financial Performance - The group's underlying profit attributable to shareholders was HKD 5.118 billion, with a basic earnings per share of HKD 0.58. After accounting for investment property revaluation losses, the net profit attributable to shareholders was HKD 4.019 billion, with earnings per share of HKD 0.45 [3]. - The board proposed a final dividend of HKD 0.43 per share, maintaining the same level as the previous year, resulting in a total annual dividend of HKD 0.58 per share [3]. Property Sales - The company achieved property sales revenue of HKD 10.813 billion, a 21.6% increase from HKD 8.893 billion in the previous year. Several residential projects are set to launch in the 2025/26 fiscal year, including developments in Yau Tong and Yuen Long [4]. - Following the fiscal year-end, the company launched new projects in Yuen Long and Tseung Kwan O, with strong sales responses, selling over 145 and 630 units respectively [4]. Investment Properties and Hotel Business - Total rental income for the year was HKD 3.486 billion, a slight decrease of 1.8% due to challenges in the retail and office markets. However, residential property occupancy rates increased to 90.7%, up 3.9 percentage points year-on-year [6]. - The hotel business benefited from the recovery of tourism, with nearly 47 million visitors recorded, leading to stable operating income of HKD 1.506 billion and operating profit of HKD 0.475 billion [6]. Sustainable Development - The company has been recognized for its sustainable development efforts, being included in the "World's Most Sustainable Companies" list by Time magazine and Statista for two consecutive years, as well as being part of the FTSE4Good Index series and achieving an "A" rating from CDP [6]. Leadership Transition - The chairman announced plans to step down on August 31, 2025, with the board nominating Mr. Daryl Ng to succeed him, indicating a commitment to continued collaboration for the company's future growth [7].

信和置业(00083)公布截至2025年6月30日止年度业绩，收入81.83亿港元，同比减少6.64%;公司股东应占 溢利40.19亿港元，同比减少8.7%;每股盈利0.45港元，末期股息每股43港仙。 ...

格隆汇8月27日丨信和置业(00083.HK)发布公告，截至2025年6月30日止的年度，实现收益81.83亿港 元，同比减少6.6%；毛利为38.95亿港元，同比增加13.9%；公司股东应占溢利为40.19亿港元，同比减 少8.7%；在撇除投资物业公平值变动的影响后，集团股东应占基础溢利为51.18亿港元；基本每股盈利 0.45港元。董事会建议派发本财政年度的末期股息每股43港仙。 ...

信和置业(00083)公布截至2025年6月30日止年度业绩，收入81.83亿港元，同比减少6.64%;公司股东应占 溢利40.19亿港元，同比减少8.7%;每股盈利0.45港元，末期股息每股43港仙。 ...

Financial Performance - For the fiscal year ending June 30, 2025, the group's underlying profit attributable to shareholders was HKD 51.18 billion, a slight decrease from HKD 51.71 billion in the previous fiscal year[4] - The net profit for the fiscal year, after accounting for a non-cash investment property revaluation loss of HKD 10.84 billion, was HKD 40.19 billion, down from HKD 44.02 billion in the previous year[4] - Total revenue for the year ended June 30, 2025, was HKD 8,183 million, a decrease of 6.6% from HKD 8,765 million in 2024[47] - Gross profit increased to HKD 3,895 million, up 14% from HKD 3,421 million in the previous year[47] - Net profit for the year was HKD 4,001 million, down 5.9% from HKD 4,251 million in 2024[48] - Total comprehensive income for the year was HKD 4,738 million, an increase from HKD 4,238 million in 2024[48] - The basic earnings per share decreased to HKD 0.45 from HKD 0.52, representing a decline of 13.5%[47] - The total equity attributable to shareholders rose to HKD 169,397 million from HKD 165,790 million, an increase of 3.3%[50] Property Sales and Development - The group achieved total property sales revenue of HKD 10.81 billion, an increase from HKD 8.89 billion in the previous fiscal year[7] - The group sold 74.9% of remaining units at St. George's Mansions and 96.5% at the Yang Hai project, indicating strong sales performance[7] - The group has several new projects planned for sale, including developments in Yau Tong and Yuen Long, with pre-sale consent expected for the Tsim Sha Tsui project in 2025[8] - As of June 30, 2025, the group held land reserves totaling approximately 18.9 million square feet, with a balanced property type distribution: 48.8% commercial, 26.2% residential, and 10.5% industrial[9] - The group acquired a residential site in Tuen Mun with a floor area of 282,103 square feet, enhancing its land bank[10] - The group obtained occupation permits for several projects, including 291,710 square feet at the Pak Long I and II developments[11] Rental Income and Occupancy - Total rental income for the fiscal year was HKD 3.486 billion, a year-on-year decrease of 1.8% due to challenges in the retail sector and declining office property occupancy rates[14] - Net rental income decreased by 4.4% to HKD 2.782 billion, impacted by the end of government fee waivers and new property tax payments[14] - Overall occupancy rate for the investment property portfolio was 89.6%, down 1.2 percentage points year-on-year[14] - Residential property occupancy increased by 3.9 percentage points to 90.7%, while office property occupancy decreased by 2.6 percentage points to 83.9%[15] Cash and Financial Position - Cash and bank deposits at the subsidiary level amounted to HKD 51.26 billion, with total borrowings of HKD 1.799 billion as of June 30, 2025[22] - As of June 30, the company has net cash of HKD 49.46 billion and total assets valued at HKD 183.61 billion, with total equity of HKD 169.39 billion[23] - The book value per share attributable to shareholders is HKD 18.51 as of June 30, 2025, down from HKD 19.17 as of June 30, 2024[23] - The company maintains a prudent financial management policy, keeping foreign exchange risk at a low level[24] Sustainability and Community Engagement - The company has received over 180 awards in the fiscal year, including recognition as one of the world's most sustainable companies by TIME magazine and Statista[30] - The company has been included in the FTSE4Good Index series and achieved an "AA" rating in the MSCI ESG ratings[29] - The company launched the "Supplier Climate Partner Program," with approximately 50 suppliers participating, over half of whom have signed the carbon management charter[32] - The company has received certification for its science-based long-term reduction targets from the Science Based Targets initiative (SBTi)[32] - The company has completed beach clean-up and educational activities, engaging nearly 500 visitors and students in its "Know Your Water Mouth" initiative[32] - The company has hosted over 3,200 local and international visitors at the "Coral Revival Center," with nearly 450 rescued coral fragments transplanted to enhance marine biodiversity[33] - The group is committed to sustainable development, with a focus on green building planning and carbon reduction measures[41] Market Outlook and Strategic Initiatives - The group remains cautiously optimistic about the Hong Kong real estate market, supported by a decline in HIBOR from 5.63% in December 2023 to an average of 1% by July 2025[38] - The group is actively responding to changing market dynamics and consumer patterns, focusing on cost management amid ongoing inflationary pressures[19] - The group plans to continue selectively adding to its land reserves to enhance profitability potential[9] - The group plans to enhance hotel service quality and operational efficiency to ensure a pleasant guest experience[19] - The group anticipates a surplus in commercial property supply due to weak demand for office spaces, leading the government to suspend the sale of commercial land[40] Corporate Governance - The company has adopted its own corporate governance code based on the principles and code provisions of the Corporate Governance Code in Appendix C1 of the Listing Rules[75] - The roles of the Chairman and CEO are currently combined, with the Chairman also serving as the CEO, which the board believes has facilitated operational and business development[75] - The board regularly reviews the management structure to ensure it aligns with objectives and industry norms[75] - The audited consolidated financial statements for the year ending June 30, 2025, have been reviewed by the company's audit committee[77] - The annual report for 2025, containing all required information as per the Listing Rules, will be published on the Hong Kong Stock Exchange and the company's website around September 26, 2025[78]

免責聲明 | | 卓佳證券登記有限公司 | | --- | --- | | 股份過戶登記處及其地址 | 夏慤道16號 | | | 遠東金融中心17樓 | | 香港 | | | 代扣所得稅信息 | | | 股息所涉及的代扣所得稅 | 不適用 | | 發行人所發行上市權證/可轉換債券的相關信息 | | | 發行人所發行上市權證/可轉換債券 | 不適用 | | 其他信息 | | | 其他信息 | 不適用 | | 發行人董事 | | | 於本公告日期，本公司之執行董事為黃志祥先生、黃永光先生、陳榮光先生、李正強先生、田兆源先生及廖懿妮女士， | | | 非執行董事為夏佳理先生及黃敏華女士，而獨立非執行董事為盛智文博士、李民橋先生、黃楚標先生及陳仲尼議員。 | | 第 2 頁 共 2 頁 v 1.1.1 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | --- | --- | | | 股票發行人現金股息（可選擇以股份代替）公告 | | 發行人名稱 | ...