希慎兴业(00014) - 2025 H1 - 电话会议演示

Financial Performance - The company's turnover increased by 2.2% compared to the first half of 2024[10,92] - Recurring underlying profit increased by 1.2% compared to the first half of 2024[10,92] - Underlying profit increased by 1.2% compared to the first half of 2024[10,92] - HK$15.3 billion in undrawn committed facilities and cash provides ample liquidity[74,156] - Shareholders' Fund is HK$65.2 billion, NAV per share is HK$63.5, and DPS is HK$0.27[72,154] Portfolio Performance - Hong Kong office occupancy is at 92% as of June 30, 2025[10,45,66,127,149] - Hong Kong residential occupancy is at 94% as of June 30, 2025[10,45,127] - Hong Kong retail occupancy is at 70% as of June 30, 2025[10,45,127] - Hong Kong retail revenue increased by 0.8% year-over-year[46,128] - Hong Kong office revenue decreased by 2.4% year-over-year[46,128] Strategic Initiatives - Lee Garden Eight is on track for completion in 2026, expecting a 30% expansion of the Lee Gardens leasable portfolio and a 20% increase in daily footfall[33,37,116,119] - Targeting HK$8 billion over 5 years through capital recycling from non-core assets like Bamboo Grove and VILLA LUCCA[69,151]