Logotype for Swire Pacific Limited

Swire Pacific (19) investor relations material

Swire Pacific H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Swire Pacific Limited
H1 2025 earnings summary7 Aug, 2025

Executive summary

  • Underlying profit attributable to shareholders was HK$5,476M, down 2% year-over-year; recurring underlying profit was HK$4,712M, down 1%.

  • Reported profit fell sharply to HK$815M from HK$3,914M due to higher non-cash fair value losses on investment properties.

  • Revenue rose 16% year-over-year to HK$45,774M, with strong cash generation and a robust balance sheet.

  • Divestment of Brickell City Centre assets in Miami contributed to underlying profit; share buy-back programme completed, repurchasing HK$5.9B in shares.

  • Interim dividend per 'A' share increased 4% to HK$1.30.

Financial highlights

  • Revenue: HK$45,774M (+16% YoY); operating profit: HK$1,861M (-62% YoY); net cash from operations: HK$8,438M (+59% YoY).

  • Underlying profit: HK$5,476M (-2% YoY); recurring underlying profit: HK$4,712M (-1% YoY).

  • Gearing ratio: 22.7% (excl. leases), net debt: HK$71,337M (+12% YoY), available liquidity: HK$52.6B.

  • Weighted average cost of debt: 3.7%; 66% of borrowings at fixed rates.

  • Basic EPS: HK$0.60 ('A' share), HK$0.12 ('B' share); equity per 'A' share: HK$191.20.

Outlook and guidance

  • Office market in Hong Kong expected to remain subdued; premium office demand resilient, while Chinese Mainland retail market to gradually improve with better consumer sentiment.

  • Beverages: Chinese Mainland faces subdued spending; moderate growth in Vietnam; challenges in Cambodia and Thailand due to economic conditions and sugar tax.

  • Aviation: Robust travel demand; Cathay group to expand fleet and destinations; cargo market remains uncertain.

  • HAECO expects stable base maintenance demand; relocation to new Xiamen airport underway.

  • Uncertainty persists in core markets, but signs of economic improvement are emerging.

Property: Pace of HKD100bn investment plan
SE Asia Beverages: Turnaround timeline?
Healthcare: Scaling strategy given valuations
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Swire Pacific earnings date

Logotype for Swire Pacific Limited
H2 202512 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Swire Pacific earnings date

Logotype for Swire Pacific Limited
H2 202512 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Swire Pacific Limited is a diversified international conglomerate with its principal operations located in the Asia-Pacific region, particularly focused on the Greater China area. The company operates through a variety of sectors including property, aviation, beverages, marine services, and trading and industrial activities. Swire Pacific's property division is dedicated to placemaking and has a significant presence in commercial, retail, and residential development. In the beverages sector, it stands as a significant bottling partner in the global Coca-Cola system. The aviation division includes an international airline, a global aircraft engineering group, and offers passenger, cargo, and catering services.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage