Back 14 Jul 2025

Nan Fung International FY25: Loss Narrows to HK$1.85B on HK$4.13B Revenue, Property Revaluations Drag Bottom Line

Link: https://links.sgx.com/1.0.0/corporate-announcements/PJLFD1EYSB8FATNE/d34c02107196c427b93a100233ce8ca6cfa3032e5f8c48ac502243c37d97d7b8

Sumary:

  • Nan Fung International Holdings Limited reported a consolidated net loss of HK$1.85 billion for the year ended 31 March 2025, a substantial improvement from the HK$3.68 billion loss in FY24.
  • Revenue rose modestly to HK$4.13 billion from HK$3.94 billion. However, fair value losses on investment properties continued to weigh heavily, totaling HK$1.38 billion (versus HK$5.19 billion in FY24).
  • The Group's gross profit stood at HK$2.30 billion, down from HK$2.46 billion, while operating loss narrowed to HK$759 million. Share of losses from associates and joint ventures amounted to HK$674 million.
  • The Group’s total assets were HK$147.7 billion with net assets (including perpetual securities) at HK$108.1 billion, slightly lower than last year.
  • Cash and bank balances closed at HK$10.7 billion.
  • Despite the loss, the financial position remains robust with substantial investment properties valued at HK$80.4 billion.