Man King Holdings (2193) Announces Interim Results for the Six Months Ended 30 September 2025

Bulletin Express
2025/11/26

Man King Holdings Limited (Stock Code: 2193) reported unaudited interim results for the six months ended 30 September 2025. The company recorded revenue of approximately HK$190.8 million, a slight increase compared to the same period of the previous year. Profit attributable to owners rose to around HK$9.3 million, translating into basic earnings per share of HK2.22 cents.

Gross profit stood at HK$10.7 million, with margin decreasing from about 7.6% in the previous period to 5.6%. The company attributed this to higher construction material costs impacting certain ongoing projects, despite favorable outcomes on completed ones. Administrative expenses were roughly HK$14 million.

The share of profit from an associate, which is engaged in coal transshipment operations related to a One Belt One Road project in Pakistan, reached about HK$10.5 million. The project continued stable operations, providing a notable contribution to the company’s overall profitability.

As of 30 September 2025, the company reported strong liquidity with cash and cash equivalents of HK$154.6 million and bank deposits with maturity over three months totaling HK$61.6 million. The board did not recommend an interim dividend for the reporting period.

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