HKC International Holdings Limited (the “Group”) has released its unaudited condensed consolidated financial results for the six months ended 30 September 2025. Revenue was approximately HK$32.36 million, representing a 33% drop from HK$48.13 million in the same period last year. The net loss attributable to equity holders reached HK$9.24 million, compared with a HK$3.06 million loss previously.

According to segment details, sales of mobile phones in Hong Kong fell to HK$2 million from HK$3 million, while the Internet of Things (IoT) solutions segments in Hong Kong and overseas also recorded lower turnover. Property investment generated HK$1.2 million in rental income, up from HK$0.8 million, but all reported segments saw losses, contributing overall to the widened net loss. All properties under the Group’s portfolio were fully leased during the reporting period.

As of 30 September 2025, total cash and bank balances stood at around HK$7 million, while bank borrowings amounted to HK$131 million. The Group’s gearing ratio increased slightly to 63%. The directors have not recommended any interim dividend payment for this period.

Management highlighted ongoing cost controls amid weak demand in mobile phone distribution, with resources reduced in that line of business. A focus on developing new IoT solutions, including artificial intelligence applications, remains a priority. The Board expressed gratitude to shareholders, business partners, and employees for their continued support.