Wing Chi Holdings Limited (stock code: 6080) announced interim results for the six months ended 30 September 2025. The group recorded revenue of approximately HK$326.2 million, down 17.8% year-on-year, mainly due to stricter revenue approval processes and intensified competitive pressures in the foundation and site formation sector.

Gross profit declined significantly to approximately HK$2.0 million, while gross profit margin dropped from 6.2% to 0.6%. The group reported a shift from net profit of approximately HK$4.6 million last year to a loss attributable to owners of the company of approximately HK$12.9 million this period, driven by a notable loss in certain construction projects and the overall decrease in gross profit. The basic loss per share amounted to 1.4 HK cents, compared with profit per share of 0.5 HK cents a year earlier. The board did not recommend any interim dividend for the reporting period.

Administrative expenses increased slightly to around HK$19.7 million. Finance costs rose to approximately HK$0.9 million, attributed to movements in lease liabilities and bank borrowings. Cash and cash equivalents stood at roughly HK$50.3 million, while total assets were about HK$272.1 million and total liabilities were about HK$134.4 million as of 30 September 2025. No material acquisitions or disposals of subsidiaries took place during the period, and there were no significant investments held.

According to the announcement, Wing Chi Holdings Limited will continue to implement strict cost-control measures on existing projects and maintain a focus on managing project challenges, including unforeseen ground conditions and site constraints, to improve overall operational efficiency in the foundation and site formation segment.