Wanda Hotel Development (00169) announced its 2025 financial results, reporting revenue from continuing operations of approximately HK$118 million, an increase of 18.44% year-on-year. Profit attributable to owners of the parent company was about HK$1.777 billion, a turnaround from a loss in the previous year. Earnings per share were 37.8 HK cents. According to the announcement, the profit attributable to shareholders was primarily due to: (i) the net gain recognized from a disposal transaction; and (ii) the absence of an impairment loss on long-term receivables of approximately HK$1.0452 billion, which was recognized in December 2024 when those receivables were transferred to properties held for sale, following the completion of apartment unit deliveries.