Core 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].

Core Viewpoint - The company reported a slight increase in revenue for the fiscal year 2025, but a significant decrease in profit attributable to shareholders, primarily due to lower land sale gains compared to the previous year [1]. Group 1: Financial Performance - The company achieved a revenue of HKD 25.741 billion, representing a year-on-year increase of 1.92% [1]. - Profit attributable to shareholders was HKD 5.653 billion, a decrease of 10.21% compared to the previous year [1]. - Basic earnings per share were HKD 1.17, with a proposed final dividend of HKD 0.76 per share [1]. Group 2: Land and Property Development - The decrease in basic earnings was mainly due to last year's significant land sales and property disposals, which contributed HKD 47.68 billion in gains, compared to only HKD 5.99 billion this year [1]. - The company successfully launched several high-end residential projects, including "天御" in Mid-Levels and multiple waterfront projects in Kai Tak [1]. - The total contract sales in Hong Kong reached approximately HKD 19.271 billion, an increase of 71% year-on-year [1]. Group 3: Future Sales and Land Holdings - As of December 2025, the unrecognized contract sales amounted to approximately HKD 10.926 billion, with about HKD 8.846 billion expected to be recognized in 2026 upon property completion [2]. - The company acquired approximately 570,000 square feet of new territory land during the year [2]. - The company holds a total land reserve of approximately 40.5 million square feet in the New Territories, maintaining its position as the developer with the largest land holdings in this area [2].