MEXAN Shareholder Transfers Stock from Citibank to Watsons Capital Securities, Valued at HKD 7.02 Million

Stock News
05/18

According to the latest data from the Hong Kong Stock Exchange, on May 15, a shareholder of MEXAN transferred shares from Citibank to Watsons Capital Securities. The transferred stock was valued at HKD 7.02 million, representing 5.25% of the total. For the six months ended September 30, 2025, MEXAN reported revenue from continuing operations of HKD 25.079 million, a year-on-year increase of 75.4%. Profit attributable to the company's owners was HKD 382 million, compared to a loss of HKD 9.827 million in the same period last year. Basic earnings per share stood at HKD 0.1941. The increase in revenue during the period was attributed to the final stages of projects in the renovation and construction services segment. Additionally, the group's continued efforts to implement stringent cost control measures and strategic workforce reductions have positively impacted overall performance and profitability.

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