Financial Performance - The group recorded revenue of approximately HKD 269,402,000 for the six months ended September 30, 2025, representing an increase of 8.2% compared to HKD 248,366,000 for the same period in 2024[2] - Gross profit for the six months ended September 30, 2025, was approximately HKD 37,364,000, with a gross margin of 13.9%, down from a gross profit of HKD 36,676,000 and a margin of 14.8% in the previous year[2] - Profit attributable to owners of the company for the six months ended September 30, 2025, was approximately HKD 19,174,000, an increase of 17.4% from HKD 16,312,000 for the same period in 2024[2] - The group reported a pre-tax profit of HKD 21,851,000 for the six months ended September 30, 2025, compared to HKD 19,360,000 for the same period in 2024, reflecting a growth of 12.8%[3] - Total comprehensive income for the six months ended September 30, 2025, was HKD 28,532,000, compared to HKD 16,114,000 for the same period in 2024, indicating a significant increase[4] - The basic earnings per share for the six months ended September 30, 2025, was HKD 2.4, compared to HKD 2.0 for the same period in 2024, representing a growth of 20%[4] Dividends and Shareholder Returns - The board declared an interim dividend of HKD 0.5 per share for the six months ended September 30, 2025, compared to HKD 0.6 per share for the same period in 2024[2] - The interim dividend declared is HKD 0.5 per share, amounting to approximately HKD 4,129,000, compared to HKD 4,865,000 in the same period last year[42] Assets and Liabilities - Non-current assets totaled HKD 84,625,000 as of September 30, 2025, compared to HKD 78,533,000 as of March 31, 2025, reflecting a growth of 7.3%[5] - Current assets increased to HKD 519,429,000 as of September 30, 2025, up from HKD 509,812,000 as of March 31, 2025, indicating a rise of 1.2%[5] - The company's net asset value reached HKD 469,985,000 as of September 30, 2025, compared to HKD 451,132,000 as of March 31, 2025, representing an increase of 4.2%[6] - The company’s total liabilities decreased to HKD 133,270,000 as of September 30, 2025, from HKD 135,559,000 as of March 31, 2025, a decline of 1.7%[6] Operational Highlights - The company provided electromechanical engineering services, generating HKD 264,096,000 in revenue for the six months ended September 30, 2025, compared to HKD 248,366,000 in the prior year[10] - The group maintained a stable contract amount of approximately HKD 1 billion during the reporting period, focusing on both public and private sector projects[34] - The group secured 8 new projects during the period, with a total contract value of approximately HKD 255,926,000, and remains confident in future business development prospects[47] Cost Management - Administrative expenses decreased to HKD 17,042,000 for the six months ended September 30, 2025, from HKD 18,047,000 in the same period of 2024, showing a reduction of 5.6%[3] - The group reported a financial cost of HKD 344,000 for the six months ended September 30, 2025, down from HKD 551,000 in the previous year, reflecting a decrease of 37.6%[3] - Income tax expenses decreased by approximately HKD 820,000 or 25.3% to about HKD 2,426,000, primarily due to the utilization of tax losses during the period[40] Strategic Initiatives - The group strategically expanded into the building materials trading sector, focusing on steel products, to diversify revenue sources and reduce operational risks[30] - The group is actively investing in innovative technologies and supporting academic research and development, including establishing a joint laboratory with Hong Kong Polytechnic University[31] - The company is collaborating with local universities to promote joint research and development projects, including a donation of HKD 6,000,000 to establish a joint laboratory focused on smart city innovation[50] Employee and Governance - The group employed 229 employees as of September 30, 2025, an increase from 205 employees a year earlier, with total employee costs amounting to approximately HKD 50,353,000[70] - The board is committed to high corporate governance standards to enhance operational efficiency and shareholder returns[77] - The company has a total of six directors, including three independent non-executive directors, ensuring a balance of power within the board[78] Future Outlook - The Hong Kong government is accelerating the development of the Northern Metropolis, positioning it as a strategic growth engine, which may present further opportunities for the group[48] - The company is actively participating in the construction of the Northern Metropolis, which will provide over 500,000 residential units and 2 million square meters of commercial space[49]
高升集团控股(01283) - 2026 - 中期业绩