Financial Performance For the year ended 31 March 2026, OKG TECH reported revenue from continuing operations of HK$191.70 million, a 46.7% drop from HK$359.75 million a year earlier. Gross profit fell 36.9% to HK$34.63 million, yet the gross margin improved to 18.1% from 15.2% amid lower subcontracting costs. Loss attributable to shareholders widened to HK$28.78 million versus a HK$15.75 million loss in FY2025. Basic loss per share from continuing operations increased to HK0.54 cent (FY2025: HK0.36 cent). The board recommended no dividend.
Segment Highlights • Foundation, building construction works and ancillary services generated HK$191.00 million, down 46.8%. Segment gross profit was HK$34.50 million with an 18.1% margin. • Other businesses (investments in securities, money lending, trust and custody services) contributed HK$0.69 million, broadly flat year on year.
Order Book and Projects During the period, four new construction contracts worth HK$83.10 million were secured. As at 31 March 2026, the outstanding contract value stood at HK$63.30 million across five ongoing projects, compared with HK$206.00 million a year earlier.
Discontinued Operations The Group ceased proprietary trading in digital assets and disposed of its technical-services units. These discontinued operations delivered a net profit of HK$0.35 million (FY2025: HK$2.48 million). Digital assets formerly held for trading were reclassified: HK$96.55 million recognised as intangible assets and HK$27.38 million as financial assets at fair value through profit or loss, together totalling HK$123.93 million.
Balance Sheet and Liquidity Total assets shrank to HK$304.84 million (31 March 2025: HK$680.35 million) mainly after settling HK$292.70 million of digital-asset borrowings to a fellow subsidiary. Equity attributable to owners fell to HK$120.29 million from HK$149.22 million. • Cash and bank balances: HK$98.53 million (31 March 2025: HK$123.19 million). • Total liabilities: HK$184.55 million (31 March 2025: HK$530.73 million). • Reported gearing ratio (total borrowings/total equity): 85.0%; adjusted ratio excluding non-interest-bearing borrowings: 17.1%. No assets were pledged, and no income tax expense was recorded.
Workforce and Costs Headcount declined to 71 from 94. Staff costs for continuing operations were HK$63.54 million compared with HK$61.69 million in FY2025.
Risk and Regulatory Note Management highlighted risks in project replenishment, credit exposure, digital-asset price volatility, safekeeping of digital assets, and evolving AML/KYC regulations. The Group views the emerging Hong Kong stable-coin and virtual-asset regulatory framework as potentially supportive for compliance-focused operators.
Outlook OKG TECH intends to pursue construction contracts selectively and explore compliant, incremental opportunities in the digital-asset and Web3 sector, subject to resources and regulatory developments. No material capital commitments or acquisition plans were declared.