HON KWOK LAND (00160) announced its 2025-26 interim results, with group revenue reaching HK$438 million, a 38.49% year-on-year increase. However, the company reported a shareholder loss of HK$227 million, representing a significant 480.81% expansion compared to the same period last year. The loss per share stood at HK$0.32.
The company maintained stability in its commercial and retail leasing portfolio across mainland China, including properties in Shenzhen, Guangzhou, and Chongqing. Its HONKWORK co-working spaces and HonLink rental program continue to attract tenants with flexible, efficient, and sustainable solutions.
In Hong Kong, HON KWOK LAND's Jordan Center and fully leased data centers continue to provide stable income, strengthening the recurring revenue base. Residential sales, led by the "Harbourview Terrace" project, contributed HK$56.6 million in operating profit. Retail performance remained solid, with "Tong Qing Lane" performing exceptionally well due to its carefully curated tenant mix that aligns with local demand, demonstrating the continued popularity of mixed-use concepts.
The company's Japanese hotel portfolio delivered strong performance, with robust occupancy rates and room prices in Tokyo and Osaka, validating its long-term investment strategy in the region. Domestically, the redevelopment of The Bauhinia Hotel (Central) is expected to reopen in January 2026, with all retail spaces already leased. The company anticipates this will become a significant revenue source in the second half of the year.