Hon Kwok Land Investment Company, Limited (Stock Code: 160) released its interim results for the six months ended 30 September 2025, reporting revenue of HK$438.2 million, a 38.5% increase from HK$316.4 million in the previous period. Operating profit rose to HK$58.0 million from HK$47.4 million, driven mainly by steady sales at the “The Riverside” residential project in Guangzhou.

Despite the upturn in core performance, revaluation losses on investment properties (net of deferred tax) climbed to HK$285.1 million from HK$86.5 million last year, leading to a net loss attributable to shareholders of HK$227.1 million. Basic loss per share was HK$0.32. The Board did not recommend an interim dividend (compared to nil in the prior year). A final dividend of 3 Hong Kong cents per share for the year ended 31 March 2025 was paid on 6 October 2025.

The company’s property development segment recorded notable gains from “The Riverside,” with revenue of HK$188.7 million, significantly above the previous period. Investment property rental income was HK$229.2 million, though overall earnings were tempered by valuation adjustments. The gearing ratio stood at 50.2%, and net assets per share attributable to shareholders closed at HK$14.50 (compared to HK$14.61 as of 31 March 2025).

Management indicated that while market sentiment remains cautious, disciplined execution and a strategic focus on existing developments and recurring rental income streams are the primary objectives. The company continues to plan for a diversified property portfolio across Hong Kong, Mainland China, and Japan.