Hong Kong – K & P International Holdings Limited reported a consolidated net loss attributable to shareholders of HK$6.94 million for the year ended 31 December 2025, an improvement from the HK$9.06 million loss recorded in 2024. Basic and diluted loss per share narrowed to HK2.60 cents from HK3.39 cents.

Revenue fell 9.0% year-on-year to HK$160.53 million, primarily reflecting weaker demand after U.S. tariff increases and delayed customer projects. Gross profit declined 16.2% to HK$30.41 million, driving gross margin down 1.6 percentage points to 18.9%.

Operating metrics • Selling and distribution costs decreased 12.5% to HK$14.07 million amid lower sales activity. • Administrative and other expenses rose 22.3% to HK$27.04 million, largely due to a HK$4.65 million foreign-exchange loss stemming from Renminbi appreciation. • Finance costs edged up 5.5% to HK$0.35 million. • The absence of fair-value losses on financial instruments (2024: HK$10.64 million) supported the year-on-year reduction in loss before tax to HK$7.45 million.

Segment performance Precision parts and components—the Group’s core business—generated HK$160.53 million in revenue (-9.0% YoY) and posted a segment loss of HK$4.37 million, versus a HK$5.86 million loss a year earlier. Corporate and other activities contributed a HK$4.56 million loss.

Balance sheet and liquidity As at 31 December 2025, cash and bank balances stood at HK$73.85 million against interest-bearing bank borrowings of HK$7.00 million, leaving the Group in a net cash position. Current assets of HK$135.88 million covered current liabilities of HK$44.43 million, translating into a current ratio of 3.06 times. Total equity amounted to HK$240.33 million.

Dividend The Board proposes a final dividend of HK2 cents per share (2024: HK4 cents), payable on 14 July 2026 to shareholders on the register at 10 June 2026. Including the interim dividend of HK2 cents paid earlier, total dividends for 2025 amount to HK4 cents per share, down from HK6 cents in 2024.

Outlook Management highlighted a pick-up in orders during 4Q 2025 as European demand recovered, yet cautioned that energy-price volatility and inflation risks linked to Middle East tensions could cloud near-term visibility. Strengthened production flexibility and a solid cash position are expected to support ongoing profitability improvements in 2026.