CK Asset Holdings reports mixed first half 2025 results

CK Asset Holdings Limited reported an unaudited profit before investment property revaluation of HK$6,805 million for the six months ended 30 June 2025, a 1.6% increase from HK$6,726 million in 2024. Profit attributable to shareholders, however, decreased by 26.2% to HK$6,302 million (2024: HK$8,603 million), with earnings per share at HK$1.80 (2024: HK$2.44). The company declared an interim dividend of HK$0.39 per share, consistent with the previous year.

Revenue from property sales saw a significant increase to HK$7,366 million (2024: HK$4,635 million), primarily from residential projects in Hong Kong and the Mainland. Property rental revenue experienced a modest decrease to HK$3,002 million (2024: HK$3,118 million). The infrastructure and utility assets operation recorded a solid increase in revenue and contribution, underscoring the benefits of a diversified income base.

As of June 30, 2025, the group's net debt to net total capital ratio stood at approximately 5.0%, with bank balances and deposits totaling HK$33.0 billion. The company maintained strong credit ratings of “A/Stable” from Standard & Poor’s and “A2 Stable” from Moody’s.