希慎兴业发布年度业绩，营业额34.64亿港元 同比增加1.6%

Core Viewpoint - The company reported a revenue of HKD 3.464 billion for the year ending December 31, 2025, reflecting a year-on-year increase of 1.6% [1] Financial Performance - The recurring basic profit decreased by 1.9% to HKD 1.918 billion [1] - The basic profit increased by 28.3% to HKD 2.51 billion, driven by fair value gains from the sale of residential units [1] - Basic earnings per share stood at HKD 0.31 [1] Business Segments - The retail business revenue grew by 2.6%, benefiting from the entry and expansion of luxury brand flagship stores, with tenant sales recording double-digit year-on-year growth in the second half of 2025 [1] - The office segment maintained stable revenue, with the occupancy rate in Hong Kong increasing from 90% to 94%, mitigating downward pressure on renewal rental levels [1] Capital Management - The company initiated an HKD 8 billion five-year capital recycling plan to enhance financial health and long-term value, achieving 26% of its capital recycling target and collecting HKD 2.1 billion within 2025 [1]