Strong Performance in Property Division
The Property division reported strong underlying profit, driven by successful disposals in Miami, and has committed 67% of their HKD 100 billion investment plan over the next 10 years.
Successful Launch of Residential Projects in Chinese Mainland
Swire Properties sold out two batches of residences in Lujiazui Taikoo Yuan, Shanghai, marking the first time Swire Properties has introduced its brand in the Chinese Mainland's residential sector.
Growth in Aviation Sector
HAECO achieved a 40% growth in recurring profit, and Cathay Pacific showed a solid performance with plans for 87 new planes and 14 new Boeing 777-9s.
Positive Performance in Beverages Despite Challenges
The Beverages segment saw positive EBITDA growth in the Chinese Mainland, offsetting challenges in Southeast Asia.
Sustainability Achievements
Swire Properties and Swire Beverages reported 60% and 55% renewable energy use, respectively, contributing to 88% of their Scope 1 and 2 emissions.