Tsim Sha Tsui Properties Holds Dividend as Property Sales Surge Despite Valuation Hit

An update from Tsim Sha Tsui Properties Limited ( (HK:0247) ) is now available.

Tsim Sha Tsui Properties reported unaudited underlying profit attributable to shareholders of HK$1,302 million for the six months ended 31 December 2025, slightly above last year, though net profit fell to HK$905 million after higher non-cash revaluation losses on investment properties. The board declared an unchanged interim dividend of HK15 cents per share, with a scrip option, signalling a stable payout policy despite valuation pressures.

Operating performance was driven largely by Sino Land, where revenue from property sales surged to HK$6,912 million on strong contributions from recently completed Hong Kong residential projects and recognised sales from The Reserve Residences in Singapore. With high sell-through rates on existing projects and a pipeline including La Mirabelle in Tseung Kwan O and a To Kwa Wan development pending pre-sale consents, the Group is positioning for continued sales activity subject to approvals and market conditions.

The most recent analyst rating on (HK:0247) stock is a Hold with a HK$21.50 price target. To see the full list of analyst forecasts on Tsim Sha Tsui Properties Limited stock, see the HK:0247 Stock Forecast page.

More about Tsim Sha Tsui Properties Limited

Tsim Sha Tsui Properties Limited is a Hong Kong-incorporated property group with significant operations conducted through its 58.11% stake in Sino Land Company Limited. The Group focuses on residential and mixed-use property development and sales in Hong Kong and selectively in overseas markets such as Singapore, targeting both new project launches and sell-down of existing inventory.

Average Trading Volume: 2,643

Technical Sentiment Signal: Buy

Current Market Cap: HK$46.42B

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