2025-08-07 08:45Financial Performance - The company's underlying profit increased by 15% to HK$4,420 million in 1H 2025, compared to HK$3,857 million in 1H 2024[10, 109] - Recurring underlying profit decreased by 4% to HK$3,420 million in 1H 2025, compared to HK$3,570 million in 1H 2024[10, 109] - The first interim dividend per share increased by 3% to HK$0.35, compared to HK$0.34 in 1H 2024[10, 162] - Investment properties valuation decreased by 1% to HK$269,418 million as of June 2025, compared to December 2024[34, 122] Capital Recycling and Investment - The company successfully drove double-digit growth in underlying profit through capital recycling[11] - The company plans to invest HK$100 billion, with 67% already committed[11, 26] - Cumulative disposal proceeds reached HK$57.7 billion[22] Portfolio Performance - Chinese Mainland portfolio contributed 42% of attributable gross rental income in 1H 2025[41, 43] - Hong Kong office portfolio occupancy was 91%[34] - Hong Kong retail portfolio maintained 100% occupancy[36] Sustainability - The company is the only one to reach the Top 1% S&P CSA Score in the Real Estate Management and Development Industry, in both the Global and China editions of the S&P Sustainability Yearbook 2025[138] - The company achieved a 29% reduction of absolute GHG emissions (Scope 1 and 2) against the 2019 baseline year[143]