Core Viewpoint - Kerry Properties (00683) reported a significant increase in revenue for the first half of 2025, driven by strong performance in specific projects, despite a decline in shareholder profit [1] Financial Performance - The company achieved a revenue of HKD 8.059 billion, representing a year-on-year increase of 60% [1] - Shareholder profit decreased by 22% to HKD 612 million, with basic earnings per share at HKD 0.42 [1] - The interim dividend remained stable at HKD 0.4 per share compared to the previous year [1] Sales and Revenue Breakdown - Contract sales amounted to HKD 16.186 billion, a significant increase from HKD 7.044 billion in the first half of 2024, largely driven by the strong performance of the Shanghai Jinling Road project [1] - Consolidated revenue grew by 65% to HKD 9.954 billion, up from HKD 6.039 billion in the first half of 2024, benefiting from increased sales recognition from the Hong Kong Tiwai and Hoi Ying Shan development projects [1] - However, this growth was partially offset by a 5% decline in rental income from investment properties and hotels, indicating ongoing challenges in the commercial property market [1]

Core Viewpoint - Kerry Properties (00683) reported a significant increase in revenue for the first half of 2025, driven by strong performance in specific projects, despite a decline in net profit attributable to shareholders [1] Financial Performance - The company achieved a revenue of HKD 8.059 billion, representing a year-on-year increase of 60% [1] - Net profit attributable to shareholders was HKD 612 million, a decrease of 22% compared to the previous year [1] - Basic earnings per share stood at HKD 0.42 [1] Sales and Revenue Breakdown - Contracted sales amounted to HKD 16.186 billion, a significant increase from HKD 7.044 billion in the first half of 2024, largely driven by the strong performance of the Shanghai Jinling Road project [1] - Consolidated revenue grew by 65% year-on-year to HKD 9.954 billion, up from HKD 6.039 billion in the first half of 2024 [1] - The increase in revenue was primarily attributed to the recognition of sales from the Hong Kong Tiwai and Hoi Ying Shan development projects, although this was partially offset by a 5% decline in rental income from investment properties and hotels, indicating ongoing challenges in the commercial property market [1]

Core Viewpoint - Kerry Properties (00683.HK) reported a significant increase in revenue for the first half of 2025, but a decline in shareholder profit, indicating mixed performance amid market challenges [1] Financial Performance - The group's revenue for the first half of 2025 reached HKD 8.059 billion, representing a year-on-year increase of 60% [1] - Shareholder profit attributable to the company was HKD 612 million, a year-on-year decrease of 22% [1] - Excluding the impact of special items, the underlying profit decreased by 30% to HKD 978 million [1] - Earnings per share for the first half of 2025 were HKD 0.42, with adjusted earnings per share based on underlying profit at HKD 0.67 [1] - The board declared an interim dividend of HKD 0.40 per share [1] Sales and Revenue Drivers - The group's contract sales amounted to HKD 16.186 billion, driven by strong performance from the Shanghai Jinling Road project [1] - Consolidated revenue increased by 65% year-on-year to HKD 9.954 billion, primarily benefiting from the recognition of sales from the Hong Kong Tiwai and Hoi Ying Shan development projects [1] - However, this growth was partially offset by a 5% decline in consolidated rental income from investment properties and hotels, reflecting ongoing challenges in the commercial property market [1]