New World Department Store China Limited (825) Announces 2025/2026 Interim Results

Bulletin Express
02/26

New World Department Store China Limited (825) reported unaudited results for the six months ended 31 December 2025. Revenue was HK$536.46 million, compared with HK$612.70 million in the same period last year. The main revenue contributors were rental income at 51.00%, concessionaire sales commission at 26.00%, and direct sales at 21.80%. Interest income from finance leases contributed 1.20%.

Net profit rose significantly to HK$15.33 million, from HK$3.11 million a year earlier. Total assets amounted to HK$9.74 billion, compared with HK$9.91 billion as of 30 June 2025. As at 31 December 2025, the Group managed 21 stores in 11 major cities across China, covering a total gross floor area of approximately 0.89 million square meters.

Management noted that the retail industry experienced challenges from evolving consumer demands and online diversion during the period. The Group focused on upgrading its brand mix and temporal events to enhance in-store experience while developing digital solutions to strengthen online–offline integration. The Board did not recommend an interim dividend for the reporting period.

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