CK Asset (01113) announced its interim results for 2025, reporting group revenue of HK$25.386 billion, representing a 15.3% year-on-year increase. Profit attributable to shareholders reached HK$6.302 billion, declining 26.7% compared to the same period last year. Basic earnings per share stood at HK$1.80, with the company proposing an interim dividend of HK$0.39 per share.

Compared to the same period in 2024, CK Asset achieved higher property sales revenue in the first half of 2025, though related profits decreased. The revenue included sales from Yau Tong Waterfront, Shanghai Imperial Garden, and Beijing Yi Cui Garden. Profit from Singapore's Perfect Ten project is expected to be recognized in the second half of 2025 upon completion of contract sales.

The group continues to adopt a prudent strategy in identifying quality land reserves for future development. During the first six months of 2025, Hong Kong's retail and commercial property leasing sectors remained weak. Revenue from the UK Civitas social infrastructure investment portfolio helped mitigate challenges faced in the Hong Kong market.

The group's property leasing business recorded slight decreases in both revenue and profits during the first half compared to the same period in 2024. The newly completed Cheung Kong Center Phase II, located in Central's commercial core with panoramic harbor views, is being actively marketed and leased as the group's flagship Grade A office building.

The Hong Kong government and industry continue implementing various measures to boost tourism. In the first six months of 2025, both visitor arrivals and overnight stays in Hong Kong increased. However, industry cost pressures persist, leading to reduced average hotel room rates.

During the period, the group's hotel and serviced apartment business achieved moderate revenue growth compared to the previous year, though related profits declined slightly. The group will continue optimizing its hotel and serviced apartment portfolio based on market demand to enhance revenue from both hotel guests and long-term residents.

Additionally, the group's hotel and serviced apartment operations are committed to digital transformation and innovation to improve operational efficiency and enhance customer experience.