)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Kerry Properties
Kerry Properties (683) investor relations material
Kerry Properties H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary24 Aug, 2026
Executive summary
Profit attributable to shareholders rose 20% year-over-year to HK$735 million, while underlying profit declined 9% to HK$782 million due to lower interest cost capitalisation, reduced development property revenue recognition, and timing of property handovers in Hong Kong.
Combined revenue fell 33% year-over-year to HK$6,671 million, mainly due to a 53% decline in development property revenue in Hong Kong; rental and hotel revenues grew modestly.
Interim dividend per share maintained at HK$0.40.
Financial highlights
Gross margin improved to 39% from 27% year-over-year, reflecting a more favourable product mix in development properties.
EPS increased 20% to HK$0.51; underlying/adjusted EPS down 9% to HK$0.54.
Net finance costs rose to HK$403 million due to lower capitalisation, despite a 19% drop in gross finance costs.
Net debt decreased to HK$37,826 million from HK$39,700 million at year-end 2025.
Gearing ratio improved to 31.3% from 33.3% at year-end 2025.
Outlook and guidance
Management remains positive on long-term prospects in both Hong Kong and the Chinese Mainland, with opportunities in sustainable urban development.
Short- and medium-term caution due to macroeconomic, interest rate, capital control, and geopolitical headwinds.
Continued focus on prudent landbanking, asset enhancement, health, resiliency, and sustainability initiatives.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Kerry Properties
- Contracted sales surged, but weaker underlying earnings and cautious markets shape the outlook.683
H2 2023 - Revenue up 17% YoY, gearing down to 33.3%, profit mixed, and contracted sales soared 175%.683H2 2025
- Revenue up 65% but profit down 30% as margins fell; gearing and liquidity improved.683H1 2025
- Profit fell 55% on lower sales and provisions, but Hong Kong contracted sales surged.683H1 2024
- Underlying profit up 25% but reported profit down 75% amid provisions and market headwinds.683H2 2024
Next Kerry Properties earnings date
H2 202622 Mar, 2027
Kerry Properties
Next Kerry Properties earnings date
H2 202622 Mar, 2027
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.Find 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.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.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
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
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
GAM
GAM
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
Ciena
Ciena
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
Protean
Protean
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
)
)
Frequently asked questions
Kerry Properties Limited is a property investment and development company with a primary focus on residential, commercial, and mixed-use real estate projects. The company operates mainly in Hong Kong and Mainland China, developing high-end residential communities, office buildings, retail spaces, and urban complexes. Kerry Properties manages a portfolio of investment properties, generating recurring income from leasing activities, and also engages in property management services to enhance asset value. The company is headquartered in Hong Kong, China, and its shares are listed on the HKEX.