)
Far East Consortium (35) investor relations material
Far East Consortium H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Adjusted revenue for FY 2026 was HK$10.0 billion, with adjusted cash profit at HK$109 million and property development revenue at HK$6.4 billion; hotel segment revenue rose 14.6% to HK$2.4 billion, while car park and gaming revenues were HK$666 million and HK$448 million, respectively.
The group accelerated project completions, pursued inventory sales, and divested non-core assets to optimize cash flow and strengthen its financial position.
Significant deleveraging achieved, reducing total debt by HK$8.8 billion over three years, bringing the gearing ratio down to 63%.
No dividend was declared for FY 2026, with priority given to reducing bank loans and further lowering gearing.
Net loss attributable to shareholders was HK$1,211 million, impacted by impairment losses, JV/associate losses, fair value decreases, and FX loss, partially offset by asset disposal gains.
Financial highlights
Adjusted revenue dropped 6.5% year-over-year to HK$10.0 billion; reported revenue was HK$6.6 billion, down 31%.
Adjusted gross profit margin improved to 37.0% from 31.8% year-over-year.
Adjusted cash profit was HK$109 million, down from HK$266 million the previous year.
Finance costs declined as average interest rates dropped from 6.12% to 4.87%; finance costs reduced by 19.3% to HK$835 million.
Net loss attributable to shareholders narrowed to HK$1,211 million from HK$1,275 million.
Outlook and guidance
Gearing ratio expected to further improve as asset disposals and project completions continue.
Substantial development pipeline of HK$58.8 billion and HK$8.4 billion in pre-sales and contracted sales support future growth.
Hotel division expects continued growth with new openings in Perth, Brisbane, and Fiji; four hotels in the pipeline.
Car park business to continue asset-light transition and phase out underperforming contracts.
Gaming segment to benefit from operational improvements, QWB Project restructuring, and new casino openings.
- Net loss of HK$988m on HK$4.94bn revenue, with improved margins and lower gearing.35
H1 2026 - Adjusted revenue up 3.8% to HK$10.6bn, but net loss of HK$1,275mn on high finance costs.35
H2 2025 - Net loss of HK$770 million on 18.7% lower revenue, but strong liquidity and project pipeline.35
H1 2025 - Revenue up 57.5%, profit and gearing improved, with strong pipeline and debt reduction.35
H2 2024
Next Far East Consortium earnings date
Next Far East Consortium earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)