# Pacific Century Premium Developments Limited announces interim results for six months ended June 30, 2026

- Link: https://www.thailand-business-news.com/pr-news/pacific-century-premium-developments-limited-announces-interim-results-for-six-months-ended-june-30-2026
- Published: 2026-07-29T21:28:00+07:00
- Author: Media OutReach

HONG KONG SAR – [Media OutReach Newswire](https://www.media-outreach.com/) – 29 
July 2026

 **20****26**** Interim Results – Financial Highlights**

 (Figures for the corresponding period in 2025 are shown in brackets)

 *  **Consolidated revenue: HK$****593 ****million (HK$**** 636 ****million)**

 *  **Consolidated net loss attributable to equity holders of the Company: ****HK
   $****189 ****million (HK$**** 249 ****million)**

 *  **Basic loss per share: ****9.28 ****HK**** cents (****12.23 ****HK cents)**

 *  **No interim dividend (N****o interim dividend****)**

 Pacific Century Premium Developments Limited (“PCPD”, SEHK: 00432) announced its
interim results for the six months ended June 30, 2026.

 The consolidated revenue of PCPD and its subsidiaries (together, the “Group”) amounted
to HK$ 593 million, compared to HK$ 636 million for the corresponding period of 
2025.

 The Group’s consolidated loss attributable to equity holders of the Company for
the first six months of 2026 totalled HK$ 189 million, compared to a net loss of
HK$249 million for the corresponding period last year. Basic loss per share for 
the six months ended June 30, 2026 was 9.28 Hong Kong cents, compared to a loss 
per share of 12.23 Hong Kong cents for the corresponding period of 2025.

 The Board of Directors did not declare an interim dividend for the first half of
2026.

 For the first half of 2026, the Group delivered encouraging results as we built
on our core strengths and benefited from resilient demand across the markets in 
which we operate. During the period, we also took steps to enhance our portfolio,
including the disposals of two investment assets. These initiatives are expected
to strengthen the Group’s financial position and reinforce its long-term growth.

 Our operations in Japan performed well despite some moderation in tourism demand,
shaped by changes in the composition of international visitors and fluctuations 
in travel demand. Park Hyatt Niseko, Hanazono, our hospitality business in Niseko,
Hokkaido, delivered a stable performance with healthy occupancy and room rates, 
while our ski operations remained a key contributor to the Group’s results. Earnings
from our recreational facilities, ski lifts, equipment rentals, “Hanazono EDGE” (
a restaurant and entertainment centre) and Niseko International Snowsports Schoolcontinued
togrow year-on-year. We will stay focused on establishing Niseko Hanazono Resort
as a world-class, all-season luxury destination and remain optimistic about its 
long-term development.

 On March 16, 2026, the Group announced the sale of its entire interest in Pacific
Century Place, Jakarta (“PCP Jakarta”) in Indonesia. The transaction, at a total
consideration of US$400 million, was completed on June 8, 2026. Notwithstanding 
the disposal, the Group will continue to provide property management services in
respect of PCP Jakarta.

 On February 13, 2026, the Group announced the sale of its entire interest in Midtown
Niseko. The transaction, at a total consideration of US$80 million, was completed
on May 31, 2026.

 The Group formed a strategic alliance with Hotel Properties Limited in Singapore
to bring a Four Seasons Resort and Branded Residences to Aquella, a large-scale 
integrated resort development in Phang Nga. The move represents a significant milestone
in PCPD‘s long-term vision of transforming Aquella into an integrated resort destination
that effortlessly blends luxury living, recreation and exceptional service.

 Central Residence by the Park in Hong Kong was launched for sale in January 2026.
As at the end of June, 90.9% of the total available units of the luxury residential
project had already been sold. The project will be completed in the latter half 
of 2026.

 Mr. Benjamin Lam, PCPD’s Deputy Chairman and Group Managing Director, said: “The
first half of 2026 presented a challenging global environment, characterised by 
geopolitical tensions including the conflict in the Middle East, inflation, trade
uncertainties and concerns over monetary policies. Despite the headwinds, global
growth was relatively resilient, while international tourism in many parts of Asia
continued to perform steadily. The Group’s core markets in Asia generally remained
solid during the period. Tourism demand continued to support Japan and Thailand 
despite a slightly more measured pace of growth. Improving sentiment in Hong Kong’s
property market also provided a more favourable backdrop for our luxury residential
development.

 In the second half of the year, we will continue to enhance the value of our existing
assets while positioning the Group to capitalise on opportunities that support our
long-term strategy and create value for our stakeholders.”

Hashtag: #PacificCenturyPremiumDevelopments

The issuer is solely responsible for the content of this announcement.

#### About PCPD

Pacific Century Premium Developments Limited (“PCPD” or the “Group”, SEHK: 00432)
is principally engaged in the development and management of premium-grade property
and infrastructure projects as well as premium-grade property investments. PCCW 
Limited (“PCCW”, SEHK: 00008) is the single largest shareholder of the Group.

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**Source** : [Pacific Century Premium Developments Limited announces interim results for six months ended June 30, 2026](https://www.media-outreach.com/news/hong-kong-sar/2026/07/29/478690/?rand=186006)

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