BAGUIO GREEN (01397) has unveiled its interim results for 2026, posting revenue of HK$1.02 billion, a decline of 24.7% year-on-year. Gross profit reached HK$93.885 million, down 29.4% compared to the prior period.

Profit attributable to equity shareholders of the company stood at HK$29.607 million, representing a sharp decrease of 49.77% from the same period last year. Earnings per share came in at 7.13 HK cents.

According to the announcement, the revenue contraction is attributed to certain market players adopting extremely aggressive pricing strategies on several government contracts in an effort to capture greater market share.