Company Market Research Report: Swire Pacific Limited

Company Overview

Name

Swire Pacific Limited

Mission

To deliver sustainable growth in shareholder value, achieved through sound returns on equity over the long term, and to return value to shareholders through sustainable growth in ordinary dividends.

Founding Details

Founded in 1816 by John Swire.

Key People

• Guy Bradley, JP

• Position: Chairman

• Joined: 1987

• David Cogman

• Position: Director

• Joined: 2017

• Patrick Healy

• Position: Director

• Joined: 1988

• Martin Murray

• Position: Finance Director

• Joined: 1995

Headquarters

33/F, One Pacific Place, 88 Queensway, HKSAR, China

Number of Employees

Approximately 29,000 expected by the end of the current year.

Revenue

No information is available

Known For

Swire Pacific is known for its diversified portfolio including properties, beverages, aviation, healthcare, and trading & industrial sectors.

Products

Properties

Pacific Place

• Description: Mixed-use development in Admiralty, includes five Grade-A office towers, a shopping mall, four five-star hotels, and serviced apartments.

• Key Features: Newly completed Six Pacific Place.

Taikoo Place

• Description: Mixed-use commercial campus in Quarry Bay.

• Key Features: Office buildings and expansive green spaces.

Taikoo Li Chengdu

• Description: Open-plan mall, serviced apartments, Grade-A office tower, and The Temple House hotel.

• Key Features: Cultural integration and high-end retail.

Beverages

Swire Coca-Cola Limited

• Description: Manufactures, markets, and distributes Coca-Cola products.

• Key Features: Operations in the Chinese Mainland, Hong Kong SAR, Taiwan region, Vietnam, Cambodia, Thailand, and Laos.

Aviation

Cathay Pacific Airways Limited

• Description: Premium international airline.

• Key Features: Modern fleet, Aria Suite, Premium Economy, and refreshed Economy class.

HAECO Group

• Description: Provides aircraft engineering and maintenance services.

• Key Features: Airframe services, line services, component services, engine services.

Healthcare

Columbia China Healthcare

• Description: Owns private hospitals and senior housing.

• Key Features: Focus on the Yangtze River Delta.

DeltaHealth

• Description: Specializes in cardiovascular care on the Chinese Mainland.

• Key Features: Advanced medical services.

Indonesia Healthcare Corporation

• Description: Hospital group in Indonesia.

• Key Features: 36 hospitals, 66 clinics.

Trading & Industrial

Swire Resources Group

• Description: Distributor and retailer of sports and lifestyle products.

• Key Features: Exclusive rights for brands like Nike, Adidas, Columbia, among others.

Taikoo Motors Group

• Description: Distributes and retails passenger and commercial vehicles.

• Key Features: Principal dealer for Volkswagen in Taiwan region.

Recent Developments

New Projects and Developments

• Lujiazui Taikoo Yuan, Shanghai

• Description: Mixed-use development comprising luxury residential, Grade-A offices, a retail mall, cultural and event spaces, hotel, and serviced apartments.

• Key Feature: First ever residential project in the Chinese Mainland.

New Products

• New Airplanes Ordered by Cathay Pacific

• Airbus A330-900 aircraft for regional widebody fleet, enhancing fuel efficiency and reducing carbon emissions.

New Features Added to Existing Products

• Cathay Pacific Aria Suite

• Description: All-new suite launching on Boeing 777-300ER aircraft.

• Key Features: Enhanced customer comfort and experience.

Partnerships

• Partnership with Lujiazui Group

• Description: Third venture for developing Lujiazui Taikoo Yuan in Shanghai.

• Key Features: Long-term commitment to sustainable and high-quality development.

Financial Performance (As Per Interim Results 2024)

• Recurring Underlying Profit: HK$4,762M

• Dividend per 'A' share: HK$1.25

• Net Assets as at 30 June 2024: HK$321.1B

Sustainability Initiatives

SwireTHRIVE

• Climate:

• 2030 Target: Reduce Scope 1 and 2 emissions by 50% compared to 2018 baseline.

• 2050 Target: Net zero emissions.

• Waste:

• 2030 Target: 65% waste diverted from landfill.

• 2050 Target: Zero waste to landfill.

• Water:

• 2030 Target: 30% reduction in water withdrawal.

• 2050 Target: Water neutrality.

• People:

• 2024 Target: 30% women in board and senior leadership roles.

• Health and Safety Goal: Zero harm.

• Communities:

• 2023 Beneficiaries: >1,600,000 individuals involved in active programmes.

• 2023 Distribution: HK$35 million by Swire Trust.

Swire Pacific's broad and comprehensive involvement in a diverse range of industries, commitment to sustainable development, and ongoing investment in innovative projects continues to position it as a leader in its fields.