FEG Holdings Corporation Limited (1413) Announces 2025/26 Interim Results, Revenue Down 72.2%

Bulletin Express
2025/11/28

FEG Holdings Corporation Limited (Stock Code: 1413) published its unaudited interim results for the six months ended 30 September 2025. Revenue stood at HK$83.0 million, representing a decrease of 72.2% compared to HK$298.9 million in the same period last year. This was mainly attributed to fewer large-scale construction contracts and renovation projects.

Gross profit turned into a gross loss of HK$10.9 million, down from a gross profit of HK$13.5 million. The company reported that overall net loss widened to HK$24.9 million from HK$4.8 million a year earlier. Finance costs dropped to HK$143,000 from HK$801,000 due to the repayment of bank loans in the prior financial year. No interim dividend was declared.

During the period, the company completed a share placing of 200 million new shares under general mandate on 26 September 2025, raising net proceeds of approximately HK$12.1 million. As at 30 September 2025, none of these proceeds had been utilized.

Management stated that with resumed economic activities in Hong Kong, the company remains attentive to industry opportunities, leveraging its foundation works expertise. Plans include ongoing assessment of its business strategies and capital structure to navigate market conditions and infrastructure demand in the construction industry.

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