Zhi Tong Cai Jing·2026-03-24 21:21Core Viewpoint - Henderson Land Development Company Limited reported a revenue of HKD 25.741 billion for the fiscal year 2025, reflecting a year-on-year increase of 1.92%. However, the profit attributable to shareholders decreased by 10.21% to HKD 5.653 billion, primarily due to lower gains from land acquisitions compared to the previous year [3]. Group 1: Financial Performance - The company achieved a revenue of HKD 25.741 billion, up 1.92% year-on-year [3]. - Profit attributable to shareholders was HKD 5.653 billion, down 10.21% from the previous year [3]. - Basic earnings per share were HKD 1.17, with a proposed final dividend of HKD 0.76 per share [3]. Group 2: Property Sales and Projects - The company successfully launched several high-end residential projects, including "The Peak" and multiple waterfront projects in Kai Tak [3]. - Total contract sales in Hong Kong amounted to approximately HKD 19.271 billion, representing a 71% increase compared to the previous year [3]. - The company reported that nearly all units in the "Leo Square" series in Mong Kok were sold out [3]. Group 3: Land Acquisition and Holdings - As of December 2025, the company had unrecognized contract sales totaling approximately HKD 10.926 billion, with about HKD 8.846 billion expected to be recognized in 2026 [4]. - The company acquired approximately 570,000 square feet of new territory land during the year [4]. - The company holds approximately 40.5 million square feet of land reserves in the New Territories, maintaining its position as the developer with the largest land holdings in this area [4].