GC Construction Holdings (1489) Announces Interim Results with Lower Revenue Amid Market Volatility

Bulletin Express
11/25

GC Construction Holdings Limited (1489) reported interim results for the six months ended 30 September 2025, reflecting a revenue decrease of 41.2% to approximately HK$155.9 million (from HK$265.3 million a year earlier). Persisting uncertainty within Hong Kong’s real estate market led to a more selective tendering approach, which contributed to the revenue decline.

Gross profit dropped from HK$2.9 million to HK$0.8 million, while the attributable loss widened to around HK$9.0 million from HK$7.2 million. The company did not declare an interim dividend.

Management indicated that 33 ongoing projects were in hand, with a backlog value of about HK$739.2 million. To mitigate local market fluctuations and diversify revenue streams, the company is exploring added opportunities in Southeast Asia. The balance sheet showed net current assets of approximately HK$261.6 million and cash and cash equivalents of HK$22.2 million as of 30 September 2025.

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