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). 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...