Tomson Group H1 revenue, profit fall sharply on lower property sales

Tomson

26/08/2026 14:05

Overview
Hong Kong-listed property developer's H1 revenue fell sharply from prior yr period
Net income attributable to owners declined significantly yr/yr for interim period
Earnings per share dropped to 3.78 HK cents from 35.96 HK cents yr/yr

Outlook
Tomson Group did not provide specific financial guidance or outlook in this release

Result Drivers
TOMSON FORESTA DELIVERIES – Property-sales revenue fell to HK$321.9 mln as H1 2026 recognised only remaining Phase 1 units, after most sold units were delivered in H1 2025
INVESTMENT PROPERTY REVALUATION – An HK$88.6 mln unrealised fair-value loss on investment properties, versus a HK$43.7 mln gain, weighed on profit before tax
LOWER LAND APPRECIATION TAX – Taxation fell to HK$78.1 mln from HK$967.2 mln as charges principally arose from Tomson Foresta sales
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$460.14 mln
 
H1 Net Income Attributable
 
HK$85.35 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)