CK Hutchison H1 2026 Retail Revenue Up 9% to HK$107.7 billion; Same-Store Sales Rise 3.6%
CK Hutchison's retail division reported H1 2026 revenue of HK$107.731 billion, up 9% year on year in reported currency (5% in local currency), with EBITDA of HK$8.681 billion and EBIT of HK$6.749 billion. Same-store sales rose 3.6%, driven by steady health and beauty performance and a strong Hong Kong recovery. Watsons, celebrating its 185th anniversary, maintains a 183 million loyal customer base and will continue investing in AI tools and agents.
CK Hutchison Group disclosed in its results report that for the first half of 2026, its retail division recorded total revenue, EBITDA, and EBIT of HK$107.731 billion, HK$8.681 billion, and HK$6.749 billion, respectively. On a reported currency basis, these figures increased 9% compared with the same period in 2025, while on a local currency basis they rose 5%. The division has continued to grow year on year since the Covid-19 pandemic, with the period's performance supported by steady results across most health and beauty product business segments, as well as a strong recovery in Hong Kong retail operations. The division's contribution increased from the first half of 2025, mainly due to a 3.6% rise in overall same-store sales, along with productivity gains from store portfolio and gross margin management measures.
Watsons Group is celebrating its 185th anniversary. The retail division currently has a loyal customer base of 183 million and continues to drive revenue growth through its integrated offline and online platforms, while prudently managing investments in new stores and renovation projects. The division will continue to develop and invest in industry-leading technology, including AI tools and agents.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Physical Retail, with intensity 60/100 and 70% confidence over a short term horizon.
Physical Retail
- Direction
- positive
- Intensity
- 60
- Confidence
- 70%
- Horizon
- Short term
Personal Health & Hygiene
- Direction
- positive
- Intensity
- 55
- Confidence
- 65%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.