Haode Holdings (08149)'s revenue from corporate finance, asset management and other consulting services increased 59.1% year-on-year in the first quarter of HK$7.3 million

According to the Zhitong Finance App, Haode Holdings (08149) announced that in the first quarter of the 2027 fiscal year (the first quarter of the fiscal year ending March 31, 2027), the Group obtained revenue of HK$7.3 million from corporate financing, asset management and other consulting services, an increase of 59.1% over the same period last year (HK$4.6 million). Revenue from corporate finance and other consulting services is recognized when the relevant services have been provided and/or significant actions have been completed in accordance with the terms of the service agreement to reach an agreed billing milestone. As a result, revenue from period to period may fluctuate depending on billing milestones reached during that period.

The Group obtained overall rental income of HK$6.8 million from investment properties under operating leases in the first quarter of fiscal year 2027, similar to the same period last year (HK$7 million). After leasing out the office unit in October 2025, the Hong Kong Investment Property received rental income in the first quarter of the 2027 fiscal year, and the bill was vacant in the first quarter of the 2026 fiscal year. However, this positive effect was offset by the negative impact of the depreciation of the yen against the Hong Kong dollar during the period. Although rental income for the first quarter of fiscal year 2027 increased in yen compared to the first quarter of fiscal year 2026, this amount decreased when converted to Hong Kong dollars. In the first quarter of fiscal year 2027, the occupancy rate (in terms of rental income) of the Japanese property portfolio was 97.1% (same period last year: 92.9%).