Wharf REIC underlying net profit rises 6% to HK$3.31 billion in 1H FY26

PUBT · 2d ago
Wharf REIC underlying net profit rises 6% to HK$3.31 billion in 1H FY26
  • Wharf Real Estate Investment reported a first-half loss attributable to shareholders of HK$176 million, narrowing from HK$2.41 billion.
  • Underlying net profit rose 6% to HK$3.31 billion on lower finance costs; effective borrowing rate fell to 3.5% from 4.4%.
  • Revenue slipped 1% to HK$6.34 billion, while operating profit edged down 2% to HK$4.6 billion.
  • It declared a first interim dividend of HK$0.94 per share, up 42%, after lifting its payout ratio to 90% from 65%.
  • Wheelock Place in Singapore is set for disposal at S$1.11 billion; gearing stood at 15.9% and is expected to drop to about 11%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wharf Real Estate Investment Company Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260910-12327313), on September 10, 2026, and is solely responsible for the information contained therein.