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00004 WHARF HOLDINGS

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  • 19.580
  • +0.100+0.51%
Market Closed May 2 16:08 CST
59.84BMarket Cap-18.56P/E (TTM)

About WHARF HOLDINGS Company

Wharf Group Limited (“Wharf”, stock code: 4) was founded in 1886. It is the 17th registered company in Hong Kong and is currently the 7th oldest company in Hong Kong. When Hang Seng Index was established in the 1960s, Kowloon Tong was included in the first batch of 30 companies. The Group has always adhered to the concept of “creating tomorrow”. With excellent management and execution capabilities, the Group's business covers investment properties, development properties and hotels in Hong Kong and mainland China. Other businesses include modern cargo terminals operating logistics infrastructure and the Hong Kong Air Cargo Terminal. The Group's luxury hilltop property portfolio in Hong Kong consists of rare and unique projects, and continues to cater to the needs of tasteful and valued customers with top quality and craftsmanship. By the end of 2014, the Group's land reserves in Hong Kong were about 2.8 million square feet, of which about 550 thousand square feet were perched at the top of the mountain. In terms of mainland investment properties, the Group's series of international financial centers are located in the core area of the local central business district. With its superior location, careful planning and design, excellent retail management, and the clustering effect of attracting retailers and customers, the Chengdu International Financial Center and the Changsha International Finance Center have now become major local trendy landmarks. Until the end of 2014, the Group's unsold land reserves for mainland development properties were 1.2 million square meters. Due to oversupply in the market, unsold inventory is mainly commercial properties. The Wharf Hotel operates 16 hotels in Hong Kong, mainland China, and the Philippines under the three brands Negro, Marco Polo, and Marco. Of these, 4 are wholly owned by the Group, and the other has 50% interest. In June 2014, the Changsha IFC welcomed a third hotel owned by the Group and operated under the “Park Hyatt” brand. The Group owns and operates modern cargo terminals. The company is an operator of cargo terminals in Hong Kong and Shenzhen, and is also one of the founders of the Hong Kong Air Cargo Terminal. Both are important industries that have maintained Hong Kong's position as an international trade and transportation hub over the past few decades. The concept of “creating tomorrow” in Jiulongchang also extends to the aspect of “encouraging society and enterprise together”. In addition to the “School Startup” program, a flagship project to optimize schools, which continues to grow, the Group also supports a series of public welfare projects to promote the concept of “community and enterprise mutual encouragement”, benefiting people from different walks of life in China and Hong Kong. The Group has always strived to incorporate sustainable development practices into its business to build a more sustainable future. The Group is well aware of the impact of climate change and is committed to achieving the goals of minimising carbon emissions and exploring energy efficiency and renewable energy in operations by 2030. The Group has committed to setting science-based carbon reduction targets and has submitted recent targets to the Science-based Reduction Targets Initiative (“SBTi”) for verification. The Group has received many awards in recognition of the Group's performance in business and its enthusiasm for public welfare. The Group was awarded the 3rd highest fundraising agency by the Community Chest for the year 2023/24. It also maintained its position as a constituent stock in the Hang Seng Corporate Sustainability Index series, was rated AA+ by the Hang Seng Index ESG, and was awarded the “Ten Year+ Business Show Care” logo by the Hong Kong Council of Social Service.

Company Profile

Symbol00004
Company NameWHARF HOLDINGS
ISINHK0004000045
FoundedNov 15, 1886
Registered AddressHong Kong, China
Chairmantianhai wu
Secretaryzhongying xu
Audit InstitutionKPMG
Company CategoryOther
Registered Office16th Floor, Ocean Centre, Harbour City, Canton Road, Kowloon, Hong Kong
Head Office and Principal Place of Business16th Floor, Ocean Centre, Harbour City, Canton Road, Kowloon, Hong Kong
Fiscal Year Ends12-31
Employees6400
MarketHong Kong motherboard
Phone(852)2118-8118
Fax(852)2118-8018
Emailsh@wharfholdings.com;ir@wharfholdings.com
Business Wharf Group Limited is an investment holding company mainly engaged in real estate development. The company operates its business through four divisions. The Property Development Division is engaged in the acquisition, development, design, construction, sale and marketing of properties. The Investment Property Division is engaged in the leasing of shopping malls, office and office buildings and serviced residences. The Hotels Division is engaged in hotel operations. The logistics division is engaged in container terminal business and air cargo business.

Company Executives

  • Name
  • Position
  • Salary
  • tianhai wu
  • Presidencies, Managing Director, Chairman of the Nomination Committee, Remuneration Committee Members
  • 15.19M
  • yaoxiang xu
  • Vice-chairman, Executive Director, Chief Financial Officer
  • 8.42M
  • yuanting ling
  • Executive Director
  • 7.59M
  • guobang chen
  • Directors
  • 9.63M
  • zhongying xu
  • Directors, Company Secretary
  • 4.15M
  • kunyao chen
  • Independent Non-Executive Director
  • 300.00K
  • gang fang
  • Independent Non-Executive Director, Chairman of the Audit Committee
  • 500.00K
  • chenghan jie
  • Independent Non-Executive Director, Remuneration Committee Chairman, Nomination Committee Members, Audit Committee Members
  • 535.00K
  • junmei luo
  • Independent Non-Executive Director, Audit Committee Members
  • 475.00K
  • rishen deng
  • Independent Non-Executive Director
  • 300.00K
  • xiuling xie
  • Independent Non-Executive Director
  • 300.00K
  • baolin tang
  • Independent Non-Executive Director, Remuneration Committee Members, Nomination Committee Members, Audit Committee Members
  • 535.00K

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