SH Group (Holdings) Limited (1637) reported a revenue of approximately HK$164.6 million for the six months ended 30 September 2025, compared to HK$330.0 million for the same period last year. Gross profit was HK$2.8 million, reversing from a gross loss of HK$1.2 million, while loss attributable to owners reached HK$3.9 million, narrowing from HK$8.7 million. Basic loss per share stood at HK1.0 cent. No interim dividend was declared.

During the reporting period, five new projects were awarded with a total contract sum of nearly HK$16.0 million, mostly involving mechanical ventilation and air-conditioning system installations. The company noted that market conditions remain challenging but indicated that government measures to increase land and housing supply support a more stable operating environment.

At the end of September, net current assets were HK$172.5 million, and the company maintained a healthy liquidity position with no bank borrowings on record. Management highlighted ongoing cost-control initiatives, procurement optimization, and the pursuit of diversified E&M engineering services. The company remains focused on measured growth, supported by stable fundamentals in Hong Kong’s construction industry.