MTT Group (2350) Reports Interim Results with 43.2% Revenue Growth and Narrowed Loss

Bulletin Express
2025/11/28

MTT Group Holdings Limited (Stock Code: 2350) announced its unaudited interim results for the six months ended 30 September 2025. Revenue rose 43.2% year-on-year to approximately HK$315.4 million, while gross profit increased by 12.1% to around HK$24.1 million.

During the same period, the Group’s net loss narrowed to about HK$14.5 million from HK$18.2 million a year earlier. Basic loss per share was HK2.33 cents, compared to HK2.92 cents in the previous year. No interim dividend was recommended.

According to the announcement, the distribution business revenue reached approximately HK$219.4 million, marking a substantial year-on-year growth driven partly by AI server-related business. Meanwhile, the system integration solutions business recorded HK$96.0 million in revenue, representing a year-on-year decline attributed to fewer project orders during the period.

The announcement also highlighted that the Group is addressing a winding-up petition filed by a trade creditor against one of its subsidiaries. As of the date of the announcement, no winding-up order has been granted.

In terms of financial position, total bank borrowings significantly decreased from HK$48.2 million at the end of March 2025 to HK$3.4 million as of 30 September 2025, while total equity stood at HK$169.1 million. The Group commented on sustainability and talent shortages as near-term market challenges but remains positive on long-term demand for IT infrastructure and services in its key markets.

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