Aceso Life Science Group (00474) Announces Interim Results for the Six Months Ended 30 September 2025

Bulletin Express
Nov 28, 2025

During the six months ended 30 September 2025, Aceso Life Science Group (00474) recorded revenue of HK$29 million from continuing operations, compared with HK$23 million in the same period last year. The group recognized a profit of HK$386 million from continuing operations, mainly driven by a gain on the disposal of a subsidiary that amounted to HK$801 million, offset in part by a HK$317 million loss from the disposal of an associate. Overall profit attributable to owners was HK$386 million, compared to a loss of HK$137 million in the same period last year.

Following the disposal of its subsidiary, the group no longer consolidates that subsidiary’s diversified businesses, which included financial services and construction-related operations. As a result, the group now focuses primarily on its property leasing segment, centered around a commercial building located in Central London. The property’s revenue increase was supported by fewer rent-free periods granted this year and stable demand from reputable international tenants.

Finance costs declined to HK$41 million due to partial repayment of bank and other borrowings. Meanwhile, administrative expenses rose to HK$55 million, mostly attributable to legal and professional fees incurred in the group’s UK property refinancing agreement completed in September 2025. Cash and cash equivalents and pledged bank deposits stood at HK$187 million.

Management indicates that the group aims to enhance the property’s long-term rental value through planned upgrades and refurbishments, anticipating continued demand in Central London’s commercial leasing market. No interim dividend was declared for the period.

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