Hang Yick Holdings Company Limited (stock code: 1894) has released its unaudited interim results for the six months ended 30 September 2025. According to the announcement, the Group recorded revenue of HK$90.2 million, representing a 14.4% rise from HK$78.8 million in the same period last year. Revenue from steel and metal engineering services reported an approximately 18.5% increase to HK$87.7 million, while sales of steel and metal products declined to HK$2.5 million.

Direct costs ascended to HK$89.8 million, leading to a gross profit of HK$0.4 million, which was steady compared to the same period in 2024. Due to a net reversal of expected credit losses, other income and other gains and losses increased significantly to HK$4.9 million. The Group reported a net loss attributable to owners of the Company of HK$5.7 million, improving from the HK$10.7 million loss for the prior corresponding period.

As of 30 September 2025, total cash and cash equivalents stood at HK$45.8 million, and the gearing ratio was 2.0%, compared to 0.06% as of 31 March 2025. The board resolved not to declare any interim dividend for this period. The announcement indicated a continued focus on maintaining stable operations amidst competitive conditions in the steel and metal engineering market, with the total amount of contracts on hand amounting to approximately HK$303.5 million as of 30 September 2025.