-+ 0.00%
-+ 0.00%
-+ 0.00%
Soundwill 1H FY26 loss narrows 64% to HK$ 484.5 million; revenue rises to HK$ 307.9 million
Share
Listen to the news
Soundwill 1H FY26 loss narrows 64% to HK$ 484.5 million; revenue rises to HK$ 307.9 million
  • Soundwill posted a loss attributable to owners of HK$ 484.52 million, narrowing 64% from a year earlier; basic loss per share improved to HK$ 1.71.
  • Revenue climbed to HK$ 307.95 million, mainly on higher property development income; net fair value loss on investment properties narrowed to HK$ 591.75 million.
  • Cash and bank balances rose to HK$ 1.44 billion; total borrowings eased to HK$ 1.28 billion, leaving the gearing ratio unchanged at 10%.
  • Property leasing revenue slipped to HK$ 161.72 million as rental renewals faced pressure; iCITY Phase II drew over 130 unit subscriptions by end-June.
  • Management flagged a complex macro backdrop, planning more iCITY price lists in 2H26 with selected unit prices expected to rise 3% to 6%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soundwill Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260820-12292597), on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending