VANKE OVERSEAS (01036) released its annual performance results, with a revenue of 597 million Hong Kong dollars. The company will continue to focus on quality investment opportunities.

VANKE OVERSEAS (01036) released its annual performance for the year ending on December 31, 2025. The group achieved a revenue of 597 million Hong Kong dollars, a decrease of 23.05% compared to the previous year; the company's shareholders suffered a loss of 92.39 million Hong Kong dollars, an increase of 82.85% compared to the previous year; with a loss per share of 0.24 Hong Kong dollars. The revenue for the year was around 596.7 million Hong Kong dollars (2024: 775.5 million Hong Kong dollars), representing a decrease of approximately 23%. This decrease was mainly due to a decrease in the number of units sold to buyers in the current year; and a decrease in income generated from asset management services, as a result of reduced investment capital from various contractual parties of Vanke Hong Kong in projects in Hong Kong, the UK, and the US. The Board of Directors expects residential prices to rebound in 2026, as borrowing costs decrease and buyer sentiment improves. The group will continue to prioritize maintaining a healthy and stable financial condition to seize future market opportunities. At the same time, in order to promote business expansion and group development, the group will continue to focus on high-quality investment opportunities to create value for all shareholders. The group expects the investment property, Ley Choon Centre, in Hong Kong to maintain its occupancy rate and average rent in 2026; the serviced residences and hotel, Xing Yuyi, are expected to maintain their occupancy rate and average room rent; the residential project, Liensquare I, will continue to be sold, and revenues from related transactions will continue to be recognized as units sold will be delivered in 2026. In addition, the group's asset management business is expected to continue to contribute stable income and profits in 2026.