C C Land reports interim loss amidst volatile markets

C C Land Holdings Limited recorded a loss attributable to shareholders of HK$36.8 million for the six months ended June 30, 2025, compared to a profit of HK$91.0 million in the same period last year. Basic loss per share was HK0.95 cents. Total revenue remained stable at HK$250.3 million, with rental income from investment properties increasing by 12.4% to HK$250.0 million due to new leases and GBP appreciation.

The group's treasury investment segment saw fair value gains of HK$10.1 million, contrasting with losses of HK$21.2 million in H1 2024. However, the share of results from joint ventures and associates recorded a loss of HK$10.3 million, down from a profit of HK$243.3 million, primarily due to decreased property sales revenue from Thames City Phase I. Investment properties in the UK recorded fair value gains of HK$24.8 million.

As of June 30, 2025, the group's total debt stood at HK$10.8 billion, with net borrowings increasing slightly to HK$8.6 billion. The net gearing ratio decreased to 62.2%. The board resolved not to declare an interim dividend for the period.