)
Visual21 Oct 2025
Hermès' growth by geographical region visualized
Hang Lung Group (10) investor relations material
Hang Lung Group H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary30 Jul, 2025
Executive summary
Revenue and profit declined across most segments in 1H25, with revenue falling 18% year-over-year to HK$5,202 million, mainly due to an 87% drop in property sales revenue; property leasing and hotel segments showed resilience despite market headwinds.
Operating profit decreased by 6% to HK$3,408 million, with underlying net profit attributable to shareholders down 7% to HK$1,191 million.
Net profit attributable to shareholders was HK$697 million, down from HK$888 million in the prior year period.
High occupancy rates were maintained across both Hong Kong and mainland China portfolios, supported by tenant mix optimization and targeted marketing.
Interim dividend maintained at HK$0.21 per share.
Financial highlights
Property leasing revenue declined 3% to HK$4,912 million; property sales revenue dropped 87% to HK$161 million; hotel revenue rose 84% to HK$129 million.
Operating profit from property leasing decreased 4% to HK$3,499 million.
Net profit after fair value changes was HK$912 million, compared to HK$1,061 million in 1H24.
Net assets per share increased to HK$71.7 from HK$70.3 at year-end 2024.
Gross margin remained stable at 72%.
Outlook and guidance
Management remains cautious due to ongoing economic uncertainties, property market slump, and competitive pressures, but moderate demand recovery is anticipated in mainland China, supported by fiscal expansion and government stimulus.
Hong Kong retail sector expected to remain challenging; focus remains on immersive experiences and capital recycling.
Positive long-term outlook for residential sales as market shows signs of bottoming out.
New projects, including Westlake 66 in Hangzhou, are set to open from 2H25 onwards, expanding the portfolio.
Dividend expected to remain flat for the full year, with a possible return to pure cash dividend after Westlake 66 opens.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Hang Lung Group earnings date
H2 202523 Jan, 2026
Next Hang Lung Group earnings date
H2 202523 Jan, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Hang Lung Group Limited is an investment holding company engaged primarily in property development, leasing, and management across Hong Kong and mainland China. The company’s portfolio includes a range of commercial and residential properties, with a focus on high-end shopping malls, office buildings, and mixed-use complexes in major Chinese cities. Through its subsidiaries, Hang Lung Group develops and manages premium properties that serve as retail and lifestyle destinations. The company is headquartered in Hong Kong, and its shares are listed on the HKEX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage