Increased AOP and Strong Financial Performance
AOP increased by 7% year-on-year to $4.5 billion. Adjusted EBITDA increased by 1% to $7.3 billion. Profit attributable to shareholders increased by 4% year-on-year to HKD 2.2 billion.
Improved Financial Services Segment
Financial Services AOP increased by 29% to $1.24 billion. The acquisition of uSmart and Blackhorn aims to expand the wealth management platform.
Logistics Segment Growth
Logistics AOP increased by 3% to $740 million. The company plans to target undervalued logistics assets in the Greater Bay Area and Yangtze River Delta.
Construction Segment Opportunities
The construction segment is focusing on government projects, with newly awarded contracts increasing by 9% to $23.9 billion.
Sustainable Dividend Policy
The company maintained a consistent dividend distribution for 22 consecutive years, with a total dividend for the year amounting to $0.95 per share.
ESG Achievements
Achieved a 19% reduction in Scope 1 and 2 emissions compared to the FY 2023 baseline. 39% of bonds and loan facilities are now sourced from green financing.