KERRY PPT Reports Annual Profit Increase of 16% to HK$938 Million

Stock News03-23 12:20

KERRY PPT announced its financial results for the year ended December 31, 2025. The group recorded revenue of HK$19.568 billion, a slight increase of 0.4% compared to the previous year. Profit attributable to shareholders rose by 16% to HK$938 million. Earnings per share stood at HK$0.65, and the board proposed a final dividend of HK$0.95 per share. Annual contracted sales reached HK$34.684 billion, a significant jump from HK$12.605 billion in 2024, driven primarily by strong pre-sales performance of the Shanghai Jinling Huating project. Combined revenue grew by 17% year-on-year to HK$25.015 billion, up from HK$21.361 billion in the previous year. This increase was mainly due to a 28% rise in recognized revenue from development property sales in 2025, largely contributed by Hong Kong projects such as The Corniche, The Coast Line, and Skye Crest. However, this growth was partially offset by a 3% decline in combined rental income from investment properties and hotels, reflecting ongoing challenges in the commercial property market.

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