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Benefiting from Property Sales Growth, Sino Land Interim Revenue Increases by 34.5% to HK$5,185 Million

Source: Media Outreach

Solid Fundamentals and Prudent Financial Management Positioned to Capture Opportunities

Summary of 2025/2026Interim Results

  • The Group’s revenue for the six months ended 31 December 2025 (“Interim Period”) was HK$5,185 million (2024: HK$3,854 million), representing an increase of 34.5% year-on-year. The Group’s unaudited underlying profit attributable to shareholders, excluding the effect of fair-value changes on investment properties, was HK$2,220 million (2024: HK$2,241 million).
  • Steady interim dividend at HK15 cents per share (2024: HK15 cents per share).
  • Attributable revenue from property sales for the Interim Period, including share from associates and joint ventures, was HK$6,912 million (2024: HK$2,448 million), representing an increase of 182.4% year-on-year. The recent positive sales momentum was driven by the well-received launches of Villa Garda, Grand Mayfair III, and ONE PARK PLACE, as well as the sales of residential units and car parking spaces at St. George’s Mansions.
  • Attributable gross rental revenue, including share from associates and joint ventures, was HK$1,708 million (2024: HK$1,748 million).
  • Attributable hotel revenue, including share from associates and joint ventures, was HK$822 million (2024: HK$794 million).
  • Over the past six months, the Group acquired two land parcels in Tuen Mun and Jordan Valley, demonstrating our confidence in Hong Kong’s long-term prospects and our disciplined and strategic approach to land bank replenishment.

Financial Highlights

For the six months ended 31 December: 2025 2024 Change
Revenue HK$5,185 million HK$3,854 million +34.5%
Underlying profit HK$2,220 million HK$2,241 million -0.9%
Profit attributable to shareholders HK$1,533 million HK$1,820 million -15.8%
Dividend per share
Interim HK15 cents HK15 cents –

Results and Business Highlights

HONG KONG SAR – Media OutReach Newswire – 27 February 2026 – Sino Land Company Limited (Stock Code: 83) today announced its interim results for the six months ended 31 December 2025 (the “Interim Period”). The Group’s unaudited underlying profit attributable to shareholders, excluding the effect of fair-value changes on investment properties for the Interim Period, was HK$2,220 million (2024: HK$2,241 million). Underlying earnings per share was HK$0.24 (2024: HK$0.26).

Mr. Daryl Ng Win Kong, Chairman of Sino Land, and the Group’s management will continue to uphold prudent financial management while striving to enhance operational efficiency and productivity to capture future opportunities.

After taking into account the revaluation loss (net of deferred taxation) on investment properties of HK$682 million (2024: revaluation loss of HK$407 million), which is a non-cash item, the Group reported a net profit attributable to shareholders of HK$1,533 million for the Interim Period (2024: HK$1,820 million). Earnings per share was HK$0.17 (2024: HK$0.21). As at 31 December 2025, the Group had net cash of HK$51,402 million.

Property Sales – Accelerated sales momentum drives strong segment performance

Total revenue from property sales for the Interim Period, including property sales of associates and joint ventures, attributable to the Group was HK$6,912 million (2024: HK$2,448 million). Market sentiment improved notably in the second half of 2025, supported by the interest rate cut cycle, stronger financial market performance, and the inflow of talent and overseas students, all of which helped underpin housing demand.

The Group has won two government land tenders over the past six months, namely Tuen Mun Town Lot No. 569 on Hoi Chu Road in Tuen Mun and New Kowloon Inland Lot No. 6674 on Choi Hing Road in Jordan Valley. These acquisitions continue to reflect our confidence in Hong Kong’s long‑term prospects and our disciplined and strategic approach to replenishing the land bank with projects offering good development value.

Two new projects are scheduled for launch in 2026, namely La Mirabelle in Tseung Kwan O and the Wing Kwong Street/Sung On Street Development Project in To Kwa Wan. Total units sold from 1 July 2025 to 13 February 2026 reached 2,325 (attributable units: 1,052), mainly driven by the well‑received launches at Villa Garda, Grand Mayfair III and ONE PARK PLACE.

A diversified and balanced investment property portfolio reinforces long-term resilience

For the Interim Period, the Group’s attributable gross rental revenue, including share from associates and joint ventures, was HK$1,708 million (2024: HK$1,748 million), representing a decrease of 2.3% year-on-year. This decline was mainly due to the soft retail environment at the beginning of 2025, which put pressure on rental reversions, although retail sentiment improved sequentially. Overall occupancy of the Group’s investment property portfolio remained stable during the Interim Period.

Hong Kong remains well positioned to leverage its status as an international hub and financial centre, highlighted by the 119 new listings that ranked the city first globally in IPO fundraising in 2025. Supported by the HKSAR Government, the strong uptake of talent schemes and robust financial market activity strengthen overall market sentiment and lay a solid foundation for sustained business growth. The Group is actively implementing targeted marketing and promotional campaigns to stimulate foot traffic to its malls and drive retail consumption.

As at 31 December 2025, the Group has approximately 13.5 million square feet of attributable floor area of investment properties and hotels in the Chinese Mainland, Hong Kong, Singapore and Sydney.

Hotel Operations – Continuous improvement in occupancy rates

For the Interim Period, the Group’s hotel revenue, including attributable share from associates and joint ventures, was HK$822 million compared to HK$794 million in the last interim period, and the corresponding operating profit was HK$289 million (2024: HK$261 million).

Hong Kong continued to see a solid tourism rebound in 2025, with visitor arrivals recovering amid an increasingly vibrant event calendar. With a diverse pipeline of events scheduled for 2026, including the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting, the Group remains confident in the outlook for Hong Kong’s tourism sector.

With solid fundamentals and balance sheet, the Group is well-positioned to capitalise on opportunities

The Group continues to make steady strides on its sustainability journey. In the Interim Period, Sino Land was recognised in CDP’s Climate Change A List and named Global Sector Leader in the Residential category of the Global Real Estate Sustainability Benchmark, achieving the highest five‑star rating in both Development Benchmark and Standing Investment Benchmark. The Company also received MSCI’s top ‘AAA’ ESG rating, up from ‘AA’. These recognitions reaffirm Sino Land’s commitment to promoting ESG and sustainability.

‘As the Chinese Mainland and Hong Kong are poised to attract increasing global capital inflows from investors, I am encouraged by the notable improvement in the economic and operating environment since the second half of 2025. Supported by the Government’s measures, more than 270,000 talent have been attracted to Hong Kong to date, while visitor arrivals and the establishment of family offices have both recorded double‑digit growth in recent years. Hong Kong also ranked first globally in IPO fundraising last year, which has helped strengthen market sentiment and support the upward trajectory. The newly announced Budget is closely aligned with the nation’s development strategy and the 15th Five‑Year Plan across key priority areas. It fosters the development of the Northern Metropolis and innovation and technology, further highlighting Hong Kong’s close connectivity with Chinese Mainland and the world, as well as its large pool of talent. These initiatives are expected to help draw additional talent, enterprises and capital, and to reinforce international investors’ confidence in the Hong Kong market.

Amid expectations of further interest rate cuts and a solid recovery in tourism, the Group remains optimistic about the overall outlook and expects the residential market to retain its momentum. We will continue to uphold prudent financial management while striving to enhance operational efficiency and productivity. With a solid financial position and forward‑looking strategies, we are well positioned to capture future opportunities and deliver sustainable long‑term value for our investors,’ said Mr. Daryl Ng Win Kong, Chairman of Sino Land.

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The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/27/benefiting-from-property-sales-growth-sino-land-interim-revenue-increases-by-34-5-to-hk5185-million/

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UKRAINE: Children anxious, fearful after 4000 hours of air raid alarms in four years of war

Source: Save the Children

Children in Ukraine have endured an average of about 4,000 hours of air raid alarms – equivalent to over 5.5 months of constant alerts – since the start of full-scale war in February 2022, with constant fear of attacks taking a severe toll on their mental health, Save the Children said. [1]
Parents and Save the Children staff report that children are anxious and worried, while some children have developed gastrointestinal disorders due to stress. The last quarter of 2025 saw an uptick in the duration of alarms, coinciding with an intensification of the conflict in recent months, further compounding psychological pressure on children and families already living under prolonged strain.
Children in the frontline areas and in the Kyiv region have been hardest hit in the past four years, facing 7,000 hours of air raid alerts – equivalent to around 9.5 months, according to analysis of official alert data on sirens.[2] This means some children have spent nearly a full year of their lives under the sound of sirens.
Air raid alerts, warning civilians of a missile strike or shelling threats, can sound multiple times a day. When a siren sounds, children and families must decide whether to take cover in basements, cellars or subway stations with little or no access to water, electricity or heating. Many families, however, exhausted by years of alerts, are increasingly choosing the less safe option of sheltering in hallways or bathrooms away from the building’s exterior, illustrating the deep fatigue civilians face after years of constant danger.
Sirens, which can last from a few minutes to several hours or longer, frequently keep children home from school, and an estimated 50% of alerts [3] happen in late evening or at night, robbing many children of consistent sleep and a sense of safety.
Anastasiia, 8-, fled with her family from their hometown in Zaporizhzhia region to Zaporizhzhia city when full-scale war broke out. Like many children in frontline areas, Anastasiia- has learned to live with nights regularly interrupted by explosions from drones and missile attacks. When the air raid alert sounds at night, the family goes to the corridor where the children sleep on mattresses until it becomes quiet again – a routine that has become disturbingly normal for many families.
“It is constant emotional strain. Adults feel it, but children feel it more deeply. The nervous system is exhausted,” said Anastasiia’s mother, Veronika-. “When children hear an explosion, they worry, they get nervous.”
Save the Children, together with local partner organisation Posmishka UA, operates a Child Friendly Space where children can take part in educational activities, play and receive psychosocial support, offering rare moments of stability, learning and emotional relief.
Yana-, who works at the Child Friendly Space, said there are children there who have developed gastrointestinal disorders and children who are frequently ill.
“All this, of course, is psychosomatic, due to the fact that the child is constantly in this nervous state and their body is trying to protect them as best as it can,” she said.
Four years of war in Ukraine has made living in this state of constant distress a “new norm” for many children. Research by Save the Children in 2024 found that over four in 10 children were suffering from psychosocial distress, with some children developing speech defects and uncontrollable twitching, while others have terrible nightmares and even scream in their sleep. [4] A study in 2025 found that four out of five people surveyed experienced high levels of stress, predominantly due to the war [5], underscoring the nationwide mental health crisis affecting both children and adults.
Sonia Khush, Country Director for Save the Children in Ukraine, said:
“Four years of full-scale war in Ukraine have shattered children’s lives and ripped away their childhoods as they’ve been forced from their homes and schools, lost loved ones and lived in fear as air raid alerts, drones and explosions consume the world around them.
“Children in Ukraine, especially those who live near the frontline, are under constant stress because of air raid sirens both day and night. For some children, the only world they have known is one filled with air raid alerts that disrupt their sleep, interrupt their learning, stop their play, and signal constant, life-threatening danger day after day.
“Despite playing no part in the war, children are paying the heaviest price, including damage to their psychological wellbeing. All parties to the conflict must immediately cease attacks on civilians and civilian infrastructure, including homes, schools and hospitals, and end grave violations against children.
“We also need to ensure support for children’s recovery and mental health to address many of the unseen impacts of war that, if not addressed, can leave wounds that last well into adulthood. Sustained international funding is critical to ensure children affected by the war receive the protection, care and opportunities they need to rebuild their lives, and to prevent a generation from carrying the invisible scars of conflict for life.”
Save the Children has been working in Ukraine since 2014. Since 24 February 2022, the children’s rights agency has dramatically scaled up its operations, supporting children and their families with access to essential supplies and services. Save the Children has reached over 4.7 million people – including around 1.9 million children – in Ukraine in the last four years, delivering lifesaving aid, education, protection and mental health support
Notes
[1] Data on the duration of air raid alerts taken from https://air-alarms.in.ua/en, a source which aggregates alarm alerts, from official sources. Data in this press release includes official alerts only. Since the duration and frequency of alerts differ greatly by area, we used a weighted average taking into account latest populations estimates from the UN to calculate an average alert time since February 2022 across the 23 regions and Kyiv city for which alert data is available from https://air-alarms.in.ua/en,
[2] Calculation is a weighted average based on population for the following regions: Donetsk, Kharkiv, Sumy, Dniprov, Zaporizka, Kherson, Odessa, Chernihiv, Mykolaiv and Kyiv region.
[3] Based on analysis of alerts with a duration that fell between 9pm and 7am from https://air-alarms.in.ua/en, provided to Save the Children on 29 January 2026.
[5] 2025 study on mental health by the All-Ukrainian mental health program “How are you?”. Available here (in Ukrainian) https://drive.google.com/file/d/1t0wPXZTPEJQUSi5ftDcNf8oQUX-bIQdl/view. 78% of people suffering from stress directly linked this to the war.

MIL OSI

LiveNews: https://livenews.co.nz/2026/02/19/ukraine-children-anxious-fearful-after-4000-hours-of-air-raid-alarms-in-four-years-of-war/