Kato (Hong Kong) Holdings Limited (2189) Announces 2025 Interim Results

Bulletin Express
2025/11/27

Kato (Hong Kong) Holdings Limited (the “Group”) reported revenue of approximately HK$174.2 million for the six months ended 30 September 2025, an increase of about 17.8% compared to the same period in 2024. Profit attributable to owners reached around HK$27.0 million, up 5.1% year-on-year. No interim dividend was recommended for the reporting period.

As at 30 September 2025, the Group operated 12 care and attention homes for the elderly in Hong Kong, offering a total of 1,556 residential care places. Revenue was primarily derived from services under the Enhanced Bought Place Scheme, residential care services for individual customers, and related healthcare services. Growth in the number of newly opened homes and higher occupancy rates contributed to the revenue increase, while higher staff costs played a key factor in rising expenses.

During the interim period, net assets totalled approximately HK$451.7 million and net current assets stood at HK$0.5 million. The gearing ratio was 54.2%. Pledged assets amounted to about HK$444.4 million, including investment properties and other fixed assets. Future plans include establishing a new care and attention home in Yuen Long, expected to commence operation in late 2026 with approximately 250 residential care places. The Group remains focused on expanding its elderly care network and community care services to meet ongoing market demand.

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