Angela Ng
Investor Relations Manager of Wharf Limited
Good afternoon, everyone. A very warm welcome to Wharf Holdings Interim Results Briefing. I am Angela from the IR team. You can download the PowerPoint presentation using the QR code displayed on this LED backdrop. Today, our management team includes Mr. Stephen Ng, Chairman and Managing Director; and Mr. Kevin Hui, Director and Company Secretary.
Before the PowerPoint presentation and Q&A section with the analysts, may I first share a few things about our backdrop. As some of you may know, we used to feature a different backdrop for each results presentation. This time, we are showcasing The Monet, our new luxury residential property on The Peak in Kowloon. And there is also a special message in the backdrop. This 140 year anniversary backdrop marks an important milestone in the Group’s history. Founded in 1886, Wharf Holding today stands as the seventh company with the longest history in Hong Kong. So in celebration of this milestone, the Board has reserved to declare a special dividend of HKD 0.20 per share. Together with the interim dividend of HKD 0.20, total distribution doubled to HKD 0.40 per share.
So let’s go back to the PowerPoint presentation. The headline is operating and underlying profit increased by 6%, excluding the investments. Since the last quarter of 2025, the Group has been unwinding part of the equity portfolio, which result
