Group Overview - Yue Yuen Industrial's total revenue for 1H25 was US$4,060.1 million[12] - In 1H25, Athletic/Outdoor Shoes accounted for 53.6% of the business structure, Pou Sheng accounted for 31.1%, Casual Shoes & Sport Sandals accounted for 10.7%, and Soles, Components & Others accounted for 4.6%[11] Group Operation Highlights - Group revenue increased by 1.1% YoY to US$4,060.1 million in 1H25[41] - Profit attributable to owners decreased slightly by 0.3% YoY to US$155.0 million[41] - Manufacturing revenue increased by 6.2% YoY to US$2,797.9 million in 1H25[41] - Retail revenue decreased by 8.3% YoY to RMB 9,159 million in 1H25[41] - Interim dividend remained flat YoY at HK$0.40 per share, with a payout ratio of 48%[41] - Shoe volume increased by 5.0% YoY to 126.7 million pairs in 1H25[39] - Average Selling Price (ASP) increased by 3.2% YoY to US$20.61 per pair in 1H25[39] Manufacturing Business - Manufacturing revenue increased by 6.2% YoY to US$2,797.98 million in 1H25[64] - Manufacturing gross profit margin decreased by 1.4 percentage points YoY to 17.7% in 1H25[64] - Manufacturing operating profit margin decreased by 1.3 percentage points YoY to 5.9% in 1H25[64] Retail Business - Pou Sheng - Pou Sheng's revenue decreased by 8.3% YoY to RMB 9,159 million in 1H25[41] - Online contribution reached a historical high, accounting for 33% of total sales, a 16% YoY increase[97] - Pou Sheng's number of employees decreased by 7% YoY from 20,700 to 19,200[108]

Financial Performance - Revenue decreased by 8.3% YoY from RMB 9,983 million to RMB 9,159 million[12] - Gross profit decreased by 10.2% YoY from RMB 3,416 million to RMB 3,069 million, with gross profit margin decreasing by 0.7 percentage points to 33.5%[12] - Operating profit decreased significantly by 41.6% YoY from RMB 483 million to RMB 282 million, with operating profit margin decreasing by 1.7 percentage points to 3.1%[12] - Profit for the period decreased by 40.8% YoY from RMB 338 million to RMB 200 million[12] - Profit attributable to owners of Pou Sheng decreased by 44.0% YoY from RMB 336 million to RMB 188 million[12] Financial Ratios and Management - SG&A expenses decreased by 5.3% YoY from RMB 3,052 million to RMB 2,890 million[12] - The number of employees decreased by 7% YoY from 20,700 to 19,200, reflecting active management on people efficiency[22] - Total borrowings increased significantly by 431.9% YoY from RMB 37 million to RMB 196.8 million[31] - Net cash decreased by 18.7% YoY from RMB 3,071.5 million to RMB 2,497.4 million[31] - Inventory days increased from 130 days in 1H24 to 146 days in 1H25[9] Channel Performance and Strategy - Online contribution reached a historical high, accounting for 33% of total sales, a 16% YoY increase[9] - Livestreaming sales increased by over 100% YoY[9] - Same Store Sales Growth in 1H25 experienced mid-teens percentage growth YoY[8] - The number of directly operated stores decreased by 2% YoY[22]

Financial Performance - Revenue increased by 8% year-over-year, reaching $2,216 million[11] - Net customer service revenue grew by 4% year-over-year to $1,822 million[11] - EBITDA increased by 6% year-over-year to $771 million[11] - Profit attributable to shareholders increased significantly by 150% year-over-year to $6 million[11] Customer Base and Services - Total mobile customer number increased by 44% year-over-year to 6.134 million[8] - 5G base penetration reached 57%, a 6%-point increase year-over-year[8] - Roaming revenue experienced robust growth of 30% year-over-year[8] - 5G Home Broadband saw a substantial increase of 34% year-over-year[8] Business Segments - Corporate Solutions revenue increased by 30% year-over-year[8] - Prepaid business grew by 8% year-over-year[8] Financial Management - EBITDA less CAPEX increased by 6% year-over-year to $597 million[11]

Financial Performance - Group revenue decreased by 1% YoY to $6407 million[20] - HKIP & Hotel revenue decreased by 3% YoY to $5917 million[20] - Operating profit decreased by 5% YoY to $4684 million[20] - Underlying Net Profit (UNP) remained stable at $3119 million, with HKIP & Hotel UNP increasing by 3% to $3084 million[20] - Net IP Fair Value Change resulted in a deficit of $5118 million[20] - Interim Dividend Per Share (DPS) increased by 3% to $0.66[20] De-Leveraging and Financial Management - Borrowing cost decreased by 27% YoY, a reduction of $292 million[8,22] - Gearing ratio reached a new low of 17.6%[8] - Net debt decreased by 21% since IPO[26] Market Overview - Hong Kong retail sales retreated to 2011 levels, while Harbour City retail revenue was at 2014 levels[11] - HK retail sales showed improved momentum in Q2, increasing by 0.3% compared to a 7% decrease in Q1[14] Harbour City Performance - Harbour City retail revenue remained flat[45] - Harbour City retail occupancy was 93% and office occupancy was 90%[45]

2025 Interim Results 7 August 2025 1 Disclaimer This document does not constitute an offer or invitation to purchase or subscribe for any securities or relevant derivatives of China Mobile Limited (the "Company") or the rendering of any investment advice, and no part thereof shall be relied upon or taken as the basis of any contract, commitment or investment decision relating to such securities or relevant derivatives, and this document does not constitute a recommendation in respect of the securities or re ...

Financial Performance - The company generated EBITDA of US$121.5 million, underlying profit of US$21.9 million, and net profit of US$25.6 million in 1H 2025[9] - Core business contributed US$50.7 million before overheads in 1H 2025[9] - An interim dividend of HK1.6 cents per share was declared, amounting to US$10.4 million, representing 50% of net profit for the period (excluding vessel disposal gains)[8] - Revenue decreased from US$1,281.5 million in 1H 2024 to US$1,018.7 million in 1H 2025[38] - The company repurchased and cancelled 93 million shares at an average price of HK$1.76 for a total consideration of US$21 million under the 2025 share buyback programme[13] Liquidity and Balance Sheet - The company had net cash of US$66.4 million and available committed liquidity of US$549.9 million as of June 30, 2025[9] - A new US$250 million 7-year revolving credit facility was announced in July 2025, further increasing available committed liquidity[9, 45] - Total borrowings decreased from US$262.3 million as of December 31, 2024, to US$229.1 million as of June 30, 2025[45] Fleet and Operations - Handysize spot market rates in 1H25 averaged US$8,690, up 21% year-over-year[15] - Supramax spot market rates in 1H25 averaged US$8,750, up 34% year-over-year[15] - Handysize TCE was US$11,010 per day, down 7% year-over-year, while Supramax TCE was US$12,230 per day, down 11% year-over-year[22] - The company outperformed the average Handysize index by US$2,320 or 27% per day and the average Supramax index by US$3,480 or 40% per day in 1H 2025[25, 29]

INTERIM RESULTS ANALYST BRIEFING 2025 7TH AUGUST 2025 | HONG KONG DISCLAIMER This document has been prepared by Swire Pacific Limited (the "Company", and together with its subsidiaries, the "Group") solely for information purposes and information in it has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the accuracy, fairness, completeness, reasonableness or correctness of the information or opinions presented herein or ...

2025 INTERIM RESULTS | ANALYSTS BRIEFING 7TH AUGUST 2025 DISCLAIMER This presentation has been prepared by Swire Properties Limited (the "Company", together with its subsidiaries, the "Group") solely for information purposes and the information contained herein has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the accuracy, fairness, completeness, reasonableness or correctness of the information or opinions presented h ...

Financial Performance - Sales increased by 7.1% from $7,312 million in H1 2024 to $7,833 million in H1 2025[13, 15] - Gross profit margin improved by 34 basis points, from 39.9% in H1 2024 to 40.3% in H1 2025[13, 15] - EBIT increased by 13.3% from $626 million in H1 2024 to $709 million in H1 2025[13] - Net profit increased by 14.2% from $550 million in H1 2024 to $628 million in H1 2025[13, 15] - EPS increased by 14.1% from 30.12 US cents in H1 2024 to 34.37 US cents in H1 2025[13] - Dividend increased by 15.7% from 108.00 HK cents in H1 2024 to 125.00 HK cents in H1 2025[13] Financial Position - Net current assets increased by 10.6% from $2,787 million in 2024 to $3,082 million in 2025[16] - Total debts decreased by 17.8% from $1,802 million in H1 2024 to $1,482 million in H1 2025[23] - Cash balance increased by 31.1% from $1,227 million in H1 2024 to $1,608 million in H1 2025[23] Strategic Focus - The company is focused on profitable sales growth, global manufacturing diversity, and disruptive innovation through technology solutions[36, 37, 42] - The company is expanding into new businesses and verticals, targeting an $80B+ global opportunity in the DIY user strategy[56, 63] - The company is expanding into new businesses and verticals, targeting a $160B+ global opportunity in core trades[124, 131]

6 August, 2025 Disclaimers 2025 Interim Results The information contained in this presentation is intended solely for your personal reference. Such information is subject to change without notice and no representation or warranty express or implied is made as to, and no reliance, should be placed on, the fairness, accuracy, completeness or correctness of the information contained in this presentation. This presentation does not intend to provide, and you may not rely on this presentation as providing, a com ...