HSC Resources Group Limited (Stock Code: 1850) published its unaudited interim results for the six months ended 31 October 2025. Revenue reached approximately HK$268.8 million, marking a marginal 1.0% decline compared to HK$271.5 million in the prior-year period. The Group reported a net loss of around HK$3.0 million, in contrast to a profit of HK$2.0 million in the same period last year.

During the reporting period, the Group’s installation services contributed HK$264.2 million in revenue, with maintenance services at HK$4.5 million. Cost of sales hovered at HK$254.5 million, while administrative expenses rose to approximately HK$15.1 million. Finance costs declined to HK$1.5 million as a result of adjusted borrowings. Basic and diluted loss per share was HK1.72 cents, compared with an earnings per share of HK1.23 cents in the comparable period of 2024. The Board does not recommend an interim dividend.

The Group’s gearing ratio eased to 14.7%, down from 20.7% at the end of April 2025, partly due to lower borrowing balances. Cash flow from financing activities amounted to HK$56.7 million, supported by a rights issue that raised approximately HK$69.8 million in net proceeds for upcoming fire safety systems projects and general working capital.

Looking ahead, HSC Resources Group Limited noted its commitment to expanding capacity in both installation projects and maintenance contracts. The Group continues to evaluate opportunities to extend its market presence, and it has reaffirmed its focus on strengthening its offerings in design, supply, and installation of fire safety systems.