Core Viewpoint - The company reported a significant decline in revenue and profit for the six months ending September 30, 2025, primarily due to reduced construction activities and increased market competition [1] Financial Performance - Revenue for the period was approximately HKD 359.2 million, representing a year-on-year decrease of about 25.2% [1] - Gross profit was approximately HKD 14.5 million, down from HKD 34.1 million for the same period last year [1] - Gross margin decreased to approximately 4.0% [1] - Profit attributable to the company's owners was approximately HKD 3.013 million, a year-on-year decrease of 75.27% [1] - Earnings per share were approximately HKD 0.0073 [1] Operational Challenges - The decline in revenue was mainly attributed to reduced activities in construction projects and machinery leasing, particularly related to the three-runway system and Kai Tak Sports Park [1] - The overall construction market remains sluggish, contributing to the decrease in revenue [1] - Increased market competition has exerted pressure on pricing, leading to a decline in overall profitability [1]
进升集团控股(01581.HK)中期盈利同比减少75.27%至301.3万港元