)

Hang Lung Properties Limited (0101) investor relations material
Hang Lung Properties Limited H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for 1H25 declined 19% year-over-year to HK$4,968 million, mainly due to an 87% drop in property sales revenue.
Underlying net profit dropped 9% year-over-year to HK$1,587 million, reflecting weaker sales and rental performance.
Occupancy rates remained high across both Hong Kong and Mainland China portfolios, supported by tenant mix optimization.
Hotels segment saw a strong rebound, with revenue up 84% year-over-year, though it remained loss-making.
Management highlights a challenging but solid year, expressing cautious optimism for stabilization and potential uplift if recent trends hold.
Financial highlights
Core rental business declined 3% year-over-year, with sequential improvement seen in the second quarter.
Mainland China rental revenue in RMB was flat, but down 2% in HKD due to currency depreciation; Hong Kong rental revenue fell 4%.
Property sales revenue dropped 87% to HK$161 million, with an operating loss of HK$57 million from this segment.
Residential and service apartment rental in Hong Kong grew 11%, improving overall performance.
Gross margin remained high at 72%, with Hong Kong at 79% and Mainland China at 68%.
Outlook and guidance
Management expects mild growth in tenant sales in the second half, with potential for full-year growth if trends persist.
Westlake 66 in Hangzhou is set to open in 2H 2025, with significant pre-leasing activity.
Dividend policy aims to remain flat for the full year, barring unforeseen changes; interim dividend maintained at HK$0.12 per share, with a scrip option.
CapEx projected to peak this year at HKD 4.9B, declining to HKD 3B next year and further thereafter.
Ongoing focus on immersive shopping experiences, tenant retention, and capital recycling to optimize portfolio performance.
Next Hang Lung Properties Limited earnings date

Next Hang Lung Properties Limited earnings date

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.
)
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.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
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.
)
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.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
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.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
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.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
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.
Explore our global coverage