Core Insights - National Electric Holdings (00213) reported a revenue of HKD 285 million for the six months ending September 30, 2025, representing a year-on-year increase of 13.4% [1] - The net profit for the same period was HKD 23.562 million, reflecting a year-on-year growth of 10.4% [1] - Basic earnings per share were recorded at HKD 0.0257 [1] Business Performance - The watch manufacturing and watch accessory trading segment showed slight improvement compared to the same period last year [1] - The group's premium commercial property investments performed well, with satisfactory results [1]

Group 1 - The core viewpoint of the article is that NATIONAL ELEC H (00213.HK) reported an increase in both revenue and profit for the six months ending September 30, 2025, compared to the same period last year [1] - The company's revenue for the six months was approximately HKD 285 million, up from approximately HKD 251 million in the same period last year [1] - The profit attributable to shareholders for the same period was approximately HKD 23.56 million, compared to approximately HKD 21.34 million in 2024 [1]

Core Viewpoint - National Electric Holdings (00213) reported a revenue of HKD 285 million for the six months ending September 30, 2025, representing a year-on-year growth of 13.4% [1] - The net profit for the same period was HKD 23.562 million, reflecting a year-on-year increase of 10.4% [1] - Basic earnings per share were HKD 0.0257 [1] Group Performance - The watch manufacturing and watch accessory trading segment showed slight improvement compared to the same period last year [1] - The group's premium commercial property investments performed well, with satisfactory results [1]

Core Viewpoint - NATIONAL ELEC H (00213) reported a revenue of HKD 285 million for the six months ending September 30, 2025, reflecting a year-on-year growth of 13.4% [1] - The net profit for the same period was HKD 23.562 million, showing a year-on-year increase of 10.4% [1] - Basic earnings per share were reported at HKD 0.0257 [1] Revenue Performance - The revenue of HKD 285 million represents a 13.4% increase compared to the previous year [1] Profitability - The net profit of HKD 23.562 million indicates a 10.4% growth year-on-year [1] - Basic earnings per share stood at HKD 0.0257 [1] Segment Performance - The watch manufacturing and watch accessories trading segment showed slight improvement compared to the same period last year [1] - The performance of the premium commercial property investment segment was satisfactory, contributing positively to overall results [1]

Financial Performance - Revenue for the six months ended September 30, 2025, increased to HKD 285,179,000, up 13.4% from HKD 251,421,000 in 2024[4] - Gross profit for the same period rose to HKD 65,436,000, representing a 12.5% increase compared to HKD 58,241,000 in 2024[4] - Net profit attributable to shareholders for the six months was HKD 23,562,000, an increase of 10.4% from HKD 21,335,000 in 2024[5] - Basic and diluted earnings per share increased to HKD 2.57 cents, up from HKD 2.33 cents in the previous year, reflecting a growth of 10.3%[5] - Total comprehensive income for the period was HKD 45,967,000, compared to HKD 24,303,000 in 2024, marking an increase of 89.1%[7] - The profit before tax for the six months ended September 30, 2025, was HKD 20,264,000, compared to HKD 21,335,000 for the same period in 2024, reflecting a decrease of 5%[18] - The company reported a net profit of HKD 21,335,000 for the six months ended September 30, 2025, up from HKD 21,335,000 in the previous year[18] - Earnings per share for the six months ended September 30, 2025, was HKD 0.0257, compared to HKD 0.0233 for the same period in 2024, representing an increase of 10.3%[22] Assets and Liabilities - Non-current assets as of September 30, 2025, totaled HKD 3,996,751,000, an increase from HKD 3,896,978,000 as of March 31, 2025[8] - Current liabilities decreased to HKD 4,502,427,000 from HKD 5,064,832,000, indicating improved liquidity[9] - As of September 30, 2025, the total borrowings of the group amounted to approximately HKD 5,425,000,000, with a capital-to-debt ratio of 0.89, up from 0.69 as of March 31, 2025[34] - The group's cash and bank balances totaled approximately HKD 415,000,000 as of September 30, 2025, down from HKD 534,000,000 as of March 31, 2025[34] Investment Properties - Investment properties' fair value increased by HKD 89,222,000, down from HKD 103,196,000 in the previous year[4] - The company’s investment properties had a fair value of HKD 3,398,357,000 as of September 30, 2025, compared to HKD 5,059,548,000 as of April 1, 2024[23] - The group holds 100% equity in several commercial properties, including The Putman and 99 Bonham, all located in Hong Kong[46] - The group has 100% equity in residential properties, including 43 remaining residential units in Phase III at 88 Queen Street East, Toronto, Ontario, Canada[47] - The group has a total of 3,197 square meters of residential space and 37,357 square meters of office space under development at 88 Queen Street East, with completion expected in 2025[48] Income and Expenses - The company’s bank interest income decreased to HKD 5,085,000 for the six months ended September 30, 2025, down from HKD 8,541,000 in 2024, a decline of 40.5%[15] - The total interest expense for the six months ended September 30, 2025, was HKD 136,343,000, down from HKD 171,874,000 in 2024, a reduction of 20.6%[17] - Employee costs for the period were approximately HKD 40,000,000, down from HKD 46,000,000 for the same period last year[38] Dividends - The company declared a final dividend of HKD 0.005 per share for the six months ended September 30, 2025, down from HKD 0.012 per share in 2024[23] - The group did not declare any interim dividend for the six months ended September 30, 2025, consistent with the previous year[30] Business Operations - The company continues to focus on expanding its residential and commercial property development segments, contributing to overall revenue growth[12] - Revenue from Hong Kong and China increased to HKD 281,447,000 for the six months ended September 30, 2025, compared to HKD 244,141,000 in 2024, an increase of 15.3%[14] - The company reported miscellaneous income of HKD 5,691,000 for the six months ended September 30, 2025, significantly up from HKD 1,482,000 in 2024, an increase of 284.5%[15] - The luxury residential project at 1 South Bay Avenue, Hong Kong, has completed further enhancements, including external decoration and landscaping[32] - The mixed-use project at 88 Queen Street East, Toronto, is nearing completion of temporary occupancy, with residential apartment registration completed on October 6, 2025[33] - The group is closely monitoring the impact of tariff disputes between the US and China, as well as the EU and Japan, on international trade, which may affect its watch manufacturing and trading segment[33] Inventory and Development - The group is improving demonstration units at 1 South Bay Avenue, Hong Kong, with completion anticipated shortly in 2025[48] - The group has unsold property inventory of 445.09 square meters at 45 Tai Tam Road, with a 50% equity stake in the joint venture[49] - The joint venture's equity value represents 2.93% of the group's total assets as of September 30, 2025[49]

Group 1 - The company, NATIONAL ELEC H (00213.HK), announced that its board meeting will be held on November 28, 2025 [1] - The agenda includes the consideration and approval of the unaudited consolidated financial statements for the period ending September 30, 2025 [1] - The board will also discuss the potential declaration of an interim dividend, if applicable [1] - Additional matters will be addressed during the meeting [1]

承董事會命 National Electronics Holdings Limited 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 NATIONAL ELECTRONICS HOLDINGS LIMITED （於百慕達註冊成立之有限公司） （股份代號：213） 董事會會議通告 National Electronics Holdings Limited （「本公司」）董事會 （「董事會」）謹此公 佈，董事會將於2025年11月28日舉行董事會會議，以商討以下事項： 1. 考慮及通過本公司及其附屬公司截至2025年9月30日止之未經審核綜合財務報表 （「中期業績」）； 2. 考慮派發中期股息（如有）； 3. 考慮及通過中期業績之公告；及 4. 處理任何其他事項。 主席 李源清 香港，2025年11月18日 於本公佈之刊發日期，本公司執行董事為李源清先生、李本智先生、李源初先生及衞光遠先生； 非執行董事為李源鉅先生及李源如小姐；獨立非執行董事為陳國偉先生 ...

截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: National Electronics Holdings Limited 呈交日期: 2025年11月4日 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 本月底法定/註冊股本總額： HKD 150,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00213 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 914,998,962 | | 0 | | 914,998,962 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: National Electronics Holdings Limited 呈交日期: 2025年10月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00213 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.1 HKD | | | 150,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | | 0 | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.1 HK ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: National Electronics Holdings Limited 呈交日期: 2025年9月3日 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00213 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 914,998,962 | | 0 | | 914,998,962 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 914,998,962 | | 0 | | 914,998,962 | 第 2 頁 共 10 頁 v 1.1.1 ...