Hong Kong Johnson Holdings (1955) Announces Interim Results for Six Months Ended 30 September 2025

Bulletin Express
2025/11/27

Hong Kong Johnson Holdings Co., Ltd. (Stock code: 1955) released its unaudited interim results for the six months ended 30 September 2025. According to the announcement, revenue increased by 120.7% year-on-year to approximately HK$1,576.1 million, driven by growth in both government and commercial cleaning contracts. Gross profit rose by 31.9% to HK$57.8 million, but gross profit margin decreased from 6.1% to 3.7% amid intensified market competition and increased service costs.

During this period, profit attributable to equity holders of the company declined by 22.6% to HK$7.1 million. The basic and diluted earnings per share stood at 1.4 HK cents. The results show that higher labor and operational costs for newly commenced contracts contributed to the reduced profit margin.

Management reported breakthroughs in securing large-scale street cleaning contracts across several districts, additional contracts from other government departments, and further expansion into the commercial sector with significant wins in shopping malls, universities, and high-end residential developments. Security services, introduced in October 2023, also achieved rapid growth, securing residential and government-related contracts.

As of 30 September 2025, the group’s gearing ratio rose to 62.9%, primarily reflecting new borrowing arrangements. The board has not declared an interim dividend. The final dividend from the prior financial year, at 0.87 HK cents per share, was paid in October 2025.

The group stated that it will continue to strengthen its core cleaning service business, expand in security guarding and professional pest management, and reinforce quality, governance, and operational efficiency to maintain long-term stable growth.

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