Nan Fung International Posts Quadruple Interim Profit on Surging Investment Gains Despite Property Valuation Hit
Link: https://links.sgx.com/1.0.0/corporate-announcements/7LJXDDUONQ8VCGKR/f0a227e7726281411fd7ed945009e8d8bff0530b5127f1d01dea2990afc43bd7
Summary:
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Nan Fung International Holdings’ profit for the six months ended 30 September 2025 jumped more than threefold to HK$2.41 billion from HK$683 million a year earlier, driven by a sharp rise in gains on financial investments.
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Net gain on financial investments more than doubled to HK$3.58 billion, with HK$2.94 billion of fair value gains on financial assets at fair value through profit or loss offsetting a HK$1.24 billion fair value write-down on investment properties.
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Revenue climbed 21% year-on-year to HK$2.21 billion, led by higher Hong Kong property income and stronger rental and property management streams.
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Operating profit rose to HK$2.53 billion from HK$1.26 billion, while the group recorded a net finance expense of HK$311 million, reflecting lower interest income and still-elevated borrowing costs.
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Total comprehensive income surged to HK$3.09 billion, supported by sizeable exchange translation gains and improved contributions from joint ventures, even as associates remained loss-making.