Sunwah Kingsway (00188) Announces 2025 Interim Results with HK$3.32 Million Profit

Bulletin Express
Feb 26

Sunwah Kingsway Capital Holdings Limited (00188) reported an unaudited profit of HK$3.32 million for the six months ended 31 December 2025, reversing a loss in the same period of 2024. Basic and diluted earnings per share stood at 0.44 HK cents, compared to a loss of 3.38 HK cents in the corresponding period last year. Total comprehensive expense for the period amounted to HK$23.82 million, largely impacted by a net revaluation deficit on land and buildings.

Revenue for the period reached HK$19.56 million. Commission and fee income, at HK$9.81 million, increased from HK$6.30 million year-on-year, driven primarily by improved brokerage and asset management contributions. Interest income declined to HK$6.21 million from HK$11.19 million in the same period last year, reflecting lower prevailing interest rates. A net gain of HK$35.28 million was recorded on financial assets and liabilities at fair value through profit or loss.

Brokerage and financing posted revenue of HK$12.79 million, compared to HK$14.85 million in the prior year, as lower bank deposit rates affected interest income. Corporate finance and capital markets revenue remained at HK$0.71 million. Asset management revenue rose to HK$7.39 million, supported by improved investment performance and fees from newly established family office services. The proprietary investment division recorded HK$4.04 million in revenue before gains, alongside a net gain of HK$35.28 million from fair value movements. Property investments maintained HK$0.92 million in revenue but saw a HK$3.71 million fair value deficit.

As of 31 December 2025, total assets stood at HK$1.21 billion, and net assets amounted to HK$594.51 million. The company declared an interim dividend of 1 HK cent per share, payable on 27 March 2026 to shareholders on record as of 17 March 2026.

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