
Core Points - Kerry Properties (00683) reported an annual performance for the year ending December 31, 2024, with a revenue of HKD 19.499 billion, representing a year-on-year increase of 49% [1] - The net profit attributable to shareholders was HKD 808 million, a significant decrease of 75% compared to the previous year [1] - Earnings per share were HKD 0.56, and the company proposed a final dividend of HKD 0.95 per share [1] Performance in Hong Kong - The property sales performance in Hong Kong was strong, with positive market responses to the company's projects, reflecting effective sales and marketing strategies [1] - The focus on high-quality development projects has been a key factor in the company's encouraging results in the Hong Kong market [1] Performance in Mainland China - Despite facing headwinds, the company's investment properties in Mainland China remained stable [1] - The company actively enhanced its retail positioning and launched several initiatives during the year to increase mall visibility and optimize tenant mix, which contributed to retail sales growth [1]