CTF Services (0659) announced a profit attributable to shareholders of HK$1.3 billion for the six months ended December 31, 2025, seeing a year-on-year increase of 15 percent, with an interim dividend of 28 HK cents.
Total revenue was HK$12.83 billion for the period, up 5.9 percent. Attritable operating profit increased by 3 percent to HK$2.28 billion.
The company stated that the profit increase was mainly due to the absence of the loss related to the divestment of the Group’s entire stake in Hyva III B.V. and its subsidiaries and a decrease in fair value loss on investment properties.
The group also announced the acquisition of a 65 percent interest in Blackhorn Group, a Hong Kong-based external asset manager, and completed the acquisition of a 13.05 percent stake in uSmart Inlet, a technology-driven financial services provider.
CTF Services’ financial position remained solid. Total available liquidity stood at approximately HK$31 billion as at 31 December 2025, comprising cash and bank balances of HK$20.9 billion and unutilized committed banking facilities of HK$10.1 billion.
In addition, the debt due within one year lowered 28 percent to HK$6.8 billion, with net debt reduced six percent to HK$13.8 billion, and net gearing ratio reduced to 34 percent.
