Cindy Cheung [Call Starts Abruptly] Swire Pacific 2024 Annual Results Analyst Briefing. Joining us at the briefing today are, Mr. . Guy Bradley, Chairman of Swire Pacific; Mr. . Martin Murray, Finance Director of Swire Pacific, as well as Ms. . Karen So, Managing Director of Swire Coca-Cola. Before we take a detailed look at a detailed look at our annual results for the year, we’d like to show you a short video highlighting Swire Pacific’s key developments and achievements in the year. Enjoy the video. [Vid ...

Financial Performance - The company's equity return decreased to 1.6% in 2024 from 11.0% in 2023, a decline of 9.4 percentage points[4]. - The basic profit attributable to shareholders fell by 85% to HKD 4,321 million in 2024 from HKD 28,853 million in 2023[4]. - Revenue decreased by 14% to HKD 81,969 million in 2024 compared to HKD 94,823 million in 2023[4]. - The group reported a loss attributable to shareholders of HKD 751 million, compared to a profit of HKD 2,599 million in 2023[49]. - Basic profit attributable to shareholders was HKD 6,713 million, down 41.5% from HKD 11,531 million in 2023[49]. - The total revenue decreased by 27% to HKD 37.932 billion, with a volume decline of 7% to 1.796 billion standard cases[134]. - The company recorded a profit attributable to shareholders of HKD 2.039 billion in 2024, including non-recurring income of HKD 650 million[133]. - The operating profit for Cathay Pacific Group was HKD 40 million in 2024, a decrease of 82.1% from HKD 224 million in 2023[160]. Debt and Liquidity - The net debt increased by 28% to HKD 70,563 million in 2024 from HKD 55,136 million in 2023[4]. - The group maintained a strong financial position with available liquidity of HKD 43.1 billion and a net debt-to-capital ratio of 22.1% as of the end of 2024[30]. Dividends and Shareholder Returns - The company reported a 70% reduction in 'A' share dividends to HKD 3.35 in 2024 from HKD 11.32 in 2023[4]. - The board announced a progressive dividend policy, with total dividends for 2024 amounting to HKD 3.35 per 'A' share, a 5% increase from 2023[29]. Investment and Expansion Plans - The company plans to continue seeking investment opportunities in the private healthcare sector, particularly in major urban areas in mainland China and Southeast Asia[12]. - Swire Properties has committed approximately 67% of its HKD 100 billion investment plan, with HKD 50 billion allocated for major retail-led projects in mainland China[17]. - The group plans to launch its first residential development project in Shanghai, with strong sales performance reported[19]. - Swire Properties plans to continue its HKD 100 billion investment program, focusing on core markets and expanding business opportunities, particularly in the Greater Bay Area[34]. - The company is expanding its hotel management business into Tokyo and several cities in mainland China, including Beijing and Shenzhen[39]. Operational Performance - Cathay Pacific and its subsidiaries operated a total of 236 aircraft by the end of 2024, providing passenger services to 88 destinations globally[12]. - Cathay Pacific Group achieved a profit of HKD 9.89 billion in 2024, including special income of HKD 750 million, compared to HKD 9.79 billion in 2023, driven by strong travel demand and cargo performance[26]. - The group completed the acquisition of a controlling stake in Dada Healthcare in April 2024, marking its first major investment in the healthcare sector[28]. Sustainability and Environmental Impact - The company's sustainable development performance showed a 12% reduction in greenhouse gas emissions to 638 thousand tons in 2024 from 723 thousand tons in 2023[4]. - Swire Coca-Cola utilized 42% renewable energy in its major operations by the end of 2024, with all eight bottling plants in mainland China using 100% renewable energy[33]. - The company has set sustainability goals for 2030, integrating them into its business planning[126]. Market Conditions and Challenges - The Hong Kong office market is expected to remain weak, but Swire's office portfolio in Taikoo Place is well-positioned for recovery[34]. - The hotel business in Hong Kong is recovering slower than expected, while the performance of hotels in mainland China remains stable[60]. - The competitive landscape in Thailand and Laos remains challenging, with potential adverse financial impacts from further sugar tax legislation[151]. Revenue and Profitability by Segment - In 2024, the beverage segment reported revenues of HKD 36,609 million, a decrease of 29.3% from HKD 51,844 million in 2023[127]. - The hotel segment reported an operating loss of HKD 154 million, compared to a loss of HKD 103 million in 2023[46]. - The recurring basic profit attributable to the property investment segment decreased to HKD 5.727 billion in 2024 from HKD 5.942 billion in 2023, reflecting a decline in rental income from Hong Kong office properties[60]. Employee and Workforce - The company employs over 87,000 people globally, with more than 40,000 in Hong Kong and over 36,000 in mainland China[13]. - The group employed over 30,100 staff as of December 31, 2024, with approximately 84% based in Hong Kong[155].

Summary of Key Points Core Viewpoint - On February 25, 18 Hong Kong-listed companies conducted share buybacks, totaling 17.63 million shares and an aggregate amount of HKD 81.29 million [1][2]. Group 1: Buyback Details - Swire Pacific A repurchased 300,000 shares for HKD 19.46 million, with a highest price of HKD 65.20 and a lowest price of HKD 64.35, accumulating HKD 528 million in buybacks for the year [1][2]. - Bosideng repurchased 5 million shares for HKD 19.05 million, with a highest price of HKD 3.83 and a lowest price of HKD 3.77, accumulating HKD 164 million in buybacks for the year [1][2]. - AAC Technologies repurchased 291,500 shares for HKD 13.86 million, with a highest price of HKD 48.35 and a lowest price of HKD 46.35, accumulating HKD 227 million in buybacks for the year [1][2]. Group 2: Buyback Rankings - The highest buyback amount on February 25 was Swire Pacific A at HKD 19.46 million, followed by Bosideng at HKD 19.05 million [1][2]. - In terms of share quantity, Bosideng led with 5 million shares repurchased, followed by China Eastern Airlines with 250,000 shares and Guoquan with 240,040 shares [1][2].

Group 1 - The core point of the article is that Swire Pacific Company A has been actively repurchasing its shares, indicating a strategy to support its stock price amidst a recent decline [1] - On February 20, the company repurchased 311,000 shares at a price range of HKD 63.050 to HKD 64.000, totaling HKD 19.7651 million [1] - Since January 2, the company has conducted share buybacks for 33 consecutive days, acquiring a total of 6.897 million shares for a cumulative amount of HKD 458 million [1] Group 2 - The stock closed at HKD 63.500 on the day of the buyback, with a total trading volume of HKD 77.9122 million [1] - During the buyback period, the stock has experienced a cumulative decline of 9.87% [1]

其间该股累计下跌6.60%。 证券时报•数据宝统计，太古股份公司A在港交所公告显示，2月17日以每股65.200港元至66.300港元的 价格回购32.00万股，回购金额达2107.07万港元。 该股当日收盘价65.800港元，上涨0.92%，全天成交额6738.72万港元。 自1月2日以来公司已连续30日进行回购，合计回购584.60万股，累计回购金额3.92亿港元。 （数据宝） 太古股份公司A回购明细 ...

其间该股累计下跌10.79%。 （数据宝） 太古股份公司A回购明细 该股当日收盘价62.850港元，下跌0.87%，全天成交额2.25亿港元。 自1月2日以来公司已连续27日进行回购，合计回购486.60万股，累计回购金额3.28亿港元。 证券时报•数据宝统计，太古股份公司A在港交所公告显示，2月12日以每股62.650港元至63.500港元的 价格回购29.00万股，回购金额达1831.58万港元。 ...

Group 1 - The core point of the article is that Swire Properties A has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [1] - On January 27, the company repurchased 90,000 shares at a price range of HKD 68.650 to HKD 69.600, totaling HKD 6.2081 million [1] - The stock closed at HKD 68.700 on the same day, reflecting a slight increase of 0.15% with a total trading volume of HKD 57.6276 million [1] Group 2 - Since January 2, the company has conducted share buybacks for 18 consecutive days, accumulating a total of 2.929 million shares repurchased [1] - The total amount spent on share repurchases has reached HKD 201 million [1] - During this period, the stock has experienced a cumulative decline of 2.48% [1]

Group 1 - The core point of the news is that Swire Properties A has conducted a share buyback, purchasing 100,500 shares at a price range of HKD 69.000 to HKD 70.000, totaling HKD 6.9924 million [1] - On the day of the buyback, the closing price of the stock was HKD 69.550, reflecting a decrease of 1.28% [2] - The total trading volume for the day was HKD 29.5735 million [2]

Investors with an interest in Diversified Operations stocks have likely encountered both Swire Pacific (SWRAY) and ITT (ITT) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estim ...

Investors interested in stocks from the Diversified Operations sector have probably already heard of Swire Pacific (SWRAY) and ITT (ITT) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings ...