Swire Pacific reports 79% YoY decline in attributable profit in H1
This was attributed to higher fair value loss on investment properties.
Swire Pacific has reported that its consolidated profit attributable to shareholders in the first half of 2025 was $815m, 79% lower compared with the recorded $3.9b profit in the same period in 2024.
According to the group, there was a higher fair value loss on investment properties for H1 2025. The fair value loss was at $4.66b compared with $877m in the same period in 2024.
The group’s underlying profit was at $5.476b in H1 2025, 2% lower compared with the $5.576b underlying profit in H1 2024.
Excluding significant nonrecurring items, Swire Pacific recorded a recurring underlying profit of $4.712b in H1 2025, compared with $4.762b in the same period the previous year.
The group also declared a first interim dividend of $1.30 per ‘A’ share and $0.26 per ‘B’ share, a 4% increase on the first interim dividend in 2024.
The first interim dividend will be paid on 10th October to shareholders registered at the close of business on the record date, 12th September. Shares of the Company will be traded ex-dividend from 10th September.