Hong Kong ZCLOUD Technology Construction Limited (the “Group”) recorded revenue of approximately HK$565.3 million for the six months ended 30 September 2025, an 8.9% drop compared to HK$620.6 million from the same period last year. During the period under review, profit attributable to owners plunged by 79.6% to around HK$3.4 million, with the decrease mainly attributed to additional costs from project finalizations and rising material expenses.

Gross profit declined to HK$18.0 million as cost of services fell to HK$547.3 million, resulting in a gross profit margin of around 3.2%. Basic earnings per share came in at HK0.12 cent, a decrease from HK0.56 cent (restated) in the previous year. The Group’s net profit margin was approximately 0.8%, while no interim dividend was declared.

As at 30 September 2025, total current assets stood at HK$394.0 million and bank balances and deposits reached HK$195.0 million. The current ratio improved to about 4.2 times, reflecting healthy liquidity. The gearing ratio, measured by lease liabilities over equity attributable to owners, stood at roughly 0.5%.

Looking ahead, operating conditions in the construction sector remain challenging due to global economic uncertainties and fierce market competition. The Group intends to adopt a prudent strategy, focusing on its core building construction and repair, maintenance, addition, and alteration (“RMAA”) services while continuing to identify new opportunities for sustainable growth.