Wecon (1793) Announces Interim Results for 2025 with 11.7% Revenue Growth

Bulletin Express
2025/11/26

Wecon Holdings Limited (1793) reported a revenue increase of approximately 11.7% for the six months ended 30 September 2025, rising from HK$580.3 million to HK$648.0 million. Gross profit grew by about 36.7%, reaching HK$23.1 million, while gross profit margin rose from 2.9% to 3.6%. Profit attributable to owners of the company climbed by 26.0% year-on-year to HK$6.3 million.

Building construction services contributed HK$644.3 million in revenue, up 44.4% from the previous period. The company attributed this to several major projects advancing significantly across the review period. In contrast, repair, maintenance, alteration, and addition (RMAA) services decreased sharply, reflecting the completion of several major RMAA projects in the previous year.

Administrative expenses remained broadly flat at HK$18.7 million, and finance costs dipped to HK$223,000. The company’s net profit margin edged up to 1.0%, with management mainly crediting higher gross profit from active construction projects. Further, the board resolved not to declare an interim dividend for the period.

Looking ahead, the group remains cautiously optimistic about overall construction demand in Hong Kong and continues to invest in building information modeling and related service areas to enhance project execution and maintain competitiveness.

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