Smart City Development Holdings Announces Interim Results for 2025

Bulletin Express
2025/12/03

Smart City Development Holdings Limited released its unaudited interim results for the six months ended 30 September 2025. During the period, the Group recorded revenue of approximately HK$213.63 million, up about 5.9% from the HK$201.71 million reported in the same period last year. Gross profit was approximately HK$8.02 million, compared with around HK$10.83 million previously. The Group reported a net loss of about HK$9.52 million, compared with HK$8.78 million in the prior-year period.

Construction activities constituted a main revenue contributor, particularly electrical and mechanical engineering works. Property investment income reached around HK$190,000, and the money lending segment contributed approximately HK$2.53 million. The investment in marketable securities segment recorded a loss of roughly HK$377,000, compared with a gain of around HK$1.79 million in the same period last year.

As of 30 September 2025, the Group’s net assets stood at about HK$102.08 million. The current ratio was around 1.50, and the gearing ratio was approximately 1.8%. The Board did not recommend any interim dividend for the reporting period.

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