IMS Group Holdings Limited (Stock Code: 8136) published its unaudited interim results for the six months ended 30 September 2025. Revenue declined from HK$45.8 million in the same period last year to HK$35.1 million. Gross profit stood at HK$21.5 million, and profit attributable to owners of the company amounted to HK$7.4 million, down from HK$10.9 million in the prior-year period. Basic earnings per share were HK0.74 cent.

The decrease in revenue was mainly attributed to fewer integrated LED lighting solution projects, leading to lower overall sales of LED lighting fixtures and services compared to the same period last year. Nonetheless, the company’s gross profit margin slightly increased to 61.2% from 57.9%, driven in part by reduced installation-related costs.

Segment analysis indicated that sales of LED lighting fixtures, which represented the majority of the group’s turnover, declined from HK$37.9 million to HK$31.5 million year-on-year. Revenue from LED lighting system consultation and maintenance services rose to HK$2.8 million, while integrated LED lighting solution services did not contribute any sales during the period. Meanwhile, revenue from 3D printing materials and services eased to HK$0.5 million.

Administrative expenses fell to HK$13.1 million, reflecting reduced operating costs including lower depreciation. The income tax expense decreased to HK$1.4 million, in line with the drop in profit.

At the end of the reporting period, total equity amounted to HK$108.3 million. Cash and cash equivalents were HK$90.0 million, with no bank borrowings outstanding. The board has not recommended an interim dividend. Looking ahead, the group plans to focus on its core businesses and explore new business opportunities, especially in its principal geographical segments.

No significant events occurred after the reporting period. The board remains cautiously optimistic regarding market conditions in the Greater China region and continues to monitor economic developments closely.