Sino Land reports 13.3% revenue growth and a 14.2% increase in net profit attributable to shareholders for FY2025/26

Sino Land has reported a 13.3% rise in revenue and a 14.2% increase in net profit attributable to shareholders for the fiscal year ending 30 June 2026. The company’s revenue reached HK$9,273 million, up from HK$8,183 million in the previous fiscal year. Net profit attributable to shareholders climbed to HK$4,589 million, compared to HK$4,019 million in the prior period. The company maintained its final dividend at HK43 cents per share, consistent with the previous year, while the total dividend for the fiscal year amounted to HK58 cents per share. During the fiscal year, Sino Land recorded an attributable segment profit from property sales of HK$1,103 million, reflecting an 8.0% year-on-year increase. The firm noted that total contracted sales in Hong Kong, including projects managed by joint venture partners, surpassed 3,500 units, contributing HK$12.1 billion in attributable sales proceeds. Strong sales performance was attributed to the successful launches of several residential projects, including Grand Mayfair III, ONE PARK PLACE, and La Mirabelle I. These developments were well received by the market, contributing to the firm’s robust sales momentum. In addition to its property sales success, Sino Land made strategic land acquisitions throughout the fiscal year. The company secured three plots in Jordan Valley, Tuen Mun, and Kam Sheung Road Station, underscoring its confidence in Hong Kong’s long-term real estate outlook. These acquisitions are part of the group’s ongoing efforts to replenish its land bank through disciplined and strategic planning. The firm emphasized that these moves align with its broader vision for sustainable growth and development in key urban areas. Following the fiscal year, Sino Land, along with its cross-sector joint venture partners, was awarded the development rights for the first pilot area within the Hung Shui Kiu/Ha Tsuen New Development Area, commonly referred to as the HSK Pilot Area, located in the Northern Metropolis. This marks a significant step forward in the company’s expansion strategy and reflects its alignment with national policy objectives. The Northern Metropolis is identified as a critical growth engine for Hong Kong, as outlined in the National 15th Five-Year Plan, which prioritizes accelerated development in this region. The awarding of the HSK Pilot Area project highlights the importance of collaborative efforts among different sectors, bringing together diverse expertise to drive innovation and technological advancement in the area. Sino Land believes that such partnerships will play a crucial role in shaping the future of the Northern Metropolis and enhancing its economic potential. The project is expected to serve as a model for large-scale land disposal initiatives, further reinforcing the company’s commitment to sustainable urban development. Looking ahead, Sino Land expects continued support for the real estate sector, driven by favorable government policies, a vibrant financial market, and sustained interest in housing due to factors such as talent influx and student mobility. The company remains focused on maintaining its competitive edge through strategic land acquisition, high-quality development projects, and efficient resource management. With its current financial performance and ongoing projects, Sino Land is positioned to deliver long-term value to its stakeholders.