

Group 1 - The core revenue for Swire Properties in the first half of 2025 was HKD 45.774 billion, representing a 16% year-on-year increase [1] - The company's attributable profit to shareholders decreased by 79% to HKD 0.815 billion [1] - The proposed interim dividend is HKD 1.03 per 'A' share and HKD 0.26 per 'B' share [1] Group 2 - The overall business performance of the group remained robust in the first six months of the year, with strong results from the aviation sector and the Hong Kong Aircraft Engineering Company [1] - The real estate sector showed strong performance in terms of basic profit, benefiting from the recent sale of the Brickell City Centre retail and parking business in Miami [1] - The beverage sector faced challenges despite stable performance amid current economic adversities [1] Group 3 - The fair value loss of investment properties increased significantly to HKD 4.664 billion in the first half of 2025, compared to HKD 0.877 billion in the same period of 2024 [1] - The fair value changes of investment properties are non-cash in nature, thus not impacting cash flow or basic profit attributable to shareholders [1] Group 4 - The group continued to advance strategic plans in core markets including Hong Kong, mainland China, and Southeast Asia [2] - Swire Properties is progressing well with its HKD 100 billion investment plan, with 67% of the funds already deployed [2] - The focus remains on expanding in the three core markets despite a soft office market in Hong Kong, with strong demand for quality office spaces [2]