First Pacific Company Limited (FPAFY) Q4 2025 Earnings Call Transcript

SA Transcripts159.17K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call First Pacific Company Limited (FPAFY) Q4 2025 Earnings Call March 31, 2026 5:00 AM EDT Company Participants Sara Cheung - Senior VP of Group Corporate CommunicationsJohn Ryan - Chief Investor Relations and Sustainability & Associate DirectorHon Pong Ng - CFO & Associate DirectorChristopher Young - Executive DirectorStanley Yang - Associate Director Conference Call Participants Ming Jie Kiang - CLSA Limited, Research DivisionTak-Hei Chau - Citigroup Inc., Research Division Presentation Sara CheungSenior VP of Group Corporate Communications Good day, everyone. Thank you for joining the online briefing to discuss the First Pacific 2025 Full Year Financial and Operating Results. The results presentation is available on First Pacific's website, www.firstpacific.com under the Investor Relations section Presentation page. This results briefing is being recorded, and the replay will be available on First Pacific website this evening in the Investor Relations section. For participants from the media, please note the Q&A session is open for investors and analysts only. If you would like to ask questions, please contact us when the briefing is finished. Today, we have with us our Executive Director, Mr. Chris Young; our CFO, Mr. Joseph Ng; Associate Director, Mr. John Ryan and Mr. Stanley Yang and other senior executives from the head office of First Pacific. Over to you, John, for the presentation, please. John RyanChief Investor Relations and Sustainability & Associate Director Thank you, Sara. I'll just go through very quickly the First Pacific part of this presentation, then we'll move to the Q&A for you folks. Now let's begin on Page 3 with a quick reminder of some of our major investments, all of which have done pretty well in the course of 2025, and we'll discuss this later on. Now on Page 4, we've got the shape of our gross asset value on December 31, 2025. The