Harbour Centre Dev reported a FY 2025 loss attributable to equity shareholders of HKD 234 million and a basic loss per share of HKD 0.33, with underlying net loss (excluding investment property revaluation) of HKD 22 million, or HKD 0.03 per share. Revenue in FY 2025 fell 1% to HKD 1,345 million and operating profit declined 42% to HKD 235 million, reflecting a HKD 212 million investment property revaluation deficit and an HKD 89 million other net charge mainly tied to a development properties impairment provision. The board did not declare a dividend for FY 2025. By segment, Hotels revenue rose 5% to HKD 918 million, with Hong Kong hotels returning to an operating profit of HKD 12 million as occupancy improved; The Murray received One MICHELIN Key in the inaugural 2025 MICHELIN Guide Hotel Selection, while Marco Polo Hongkong Hotel’s Cucina retained its Forbes Travel Guide Four-Star rating for a sixth consecutive year. Investment properties revenue and operating profit both fell 12% to HKD 175 million and HKD 150 million, respectively, amid weaker retail rental income. Development properties revenue fell 24% to HKD 116 million and contracted sales slowed to RMB 45 million (HKD 50 million), alongside an impairment provision of HKD 255 million. As of 31 December 2025, Harbour Centre Dev had net cash of HKD 404 million, including HKD 846 million in cash and HKD 442 million in bank borrowings, and listed equity investments valued at HKD 3,461 million.

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