Century City International (355) H2 2025 earnings summary

Executive summary

• Revenue increased by 38.2% year-over-year to HK$3,791.7 million, driven by property sales and improved hotel performance.

• Consolidated loss attributable to shareholders narrowed to HK$732.5 million from HK$1,025.6 million in 2024.

• Gross profit rose 22.0% to HK$1,167.6 million, reflecting stronger business operations.

• No dividend was declared for the year.

Financial highlights

• Operating loss before depreciation, finance costs, and tax reduced by 57.4% to HK$152.0 million.

• Basic loss per share improved to HK(25.28) cents from HK(34.71) cents year-over-year.

• Net cash flows from operating activities surged to HK$1,940.9 million from HK$431.3 million in 2024.

• Net assets attributable to equity holders (book) declined 12.1% to HK$4,889.0 million.

• Adjusted net assets (restating hotel properties at market value) stood at HK$8,693.0 million.

Outlook and guidance

• Group expects to record a gain of approximately HK$600 million in 2026 from the sale of Regal Oriental Hotel.

• Ongoing review of corporate structure to enhance efficiency and support future growth.