Zhi Tong Cai Jing·2025-09-04 08:43Core Viewpoint - Sun Hung Kai Properties (00016) reported a revenue of HKD 79.721 billion for the fiscal year 2024/25, representing an increase of 11.49% year-on-year, with a net profit attributable to shareholders of HKD 19.277 billion, up 1.21% year-on-year [1] Financial Performance - The profit from property sales for the year was HKD 8.29 billion, compared to HKD 7.85 billion the previous year [1] - The total contract sales amount for the year was approximately HKD 46.6 billion based on equity [1] - Basic earnings per share were HKD 6.65, with a proposed final dividend of HKD 2.8 per share [1] Land Bank and Development Projects - As of June 30, 2025, the company's land bank in Hong Kong is approximately 57.4 million square feet, of which about 13.3 million square feet are under development and available for sale [1] - The company has sufficient development projects to meet its needs for the next six to seven years [1] - The remaining portion of the land bank, approximately 37.7 million square feet, consists of diversified completed properties, primarily used for leasing and long-term investment, generating substantial recurring income for the company [1] Future Strategy - The company will continue to adhere to its prudent financial management principles and will seek to replenish its land bank in Hong Kong at appropriate times to drive future business growth [1]