CK Asset underlying profit rises 2.3pc to $11.9b

CK Asset (1113) saw its underlying net profit go up 2.3 percent year-on-year to HK$11.96 billion in 2025.

It declared a final dividend of HK$1.39 per share, bringing the total dividend to HK$1.78, up 2.3 percent from a year ago.

Net profit, which included a fair value loss of HK$11.1 billion from investment properties, dropped 20.6 percent to HK$10.8 billion.
Revenue rose 27.2 percent to HK$57.9 billion, while property sales surged 1.05 times to HK$20.4 billion.

A total of HK$19.7 billion in contracted sales is expected to be recognized this year, and HK$1.01 billion is projected to be booked after 2026.

CK Asset said it had a land bank of about 65 million square feet, including 6 million sq ft in Hong Kong.

On land acquisition, chairman Victor Li Tzar-kuoi said that CK Asset will consider participating if returns are reasonable, and is currently studying the tender for the Hung Shui Kiu pilot area.