Ocean One Holding Ltd. (Stock Code: 9876) Announces Interim Results for 2025

Bulletin Express
2025/11/13

Ocean One Holding Ltd. (Stock Code: 9876) reported revenue of approximately HK$205.9 million for the six months ended 30 September 2025, reflecting a 2.4% increase compared with the same period in 2024. The company’s net profit attributable to owners amounted to about HK$19.6 million, representing a 2.0% decrease year-on-year. This slight decline was mainly attributed to one-off transfer-of-listing expenses of around HK$0.4 million.

The group’s gross profit reached roughly HK$34.3 million, with a gross profit margin of about 16.7%. Selling and distribution costs rose slightly to HK$5.9 million, and administrative expenses grew to HK$4.8 million, partly due to non-recurring listing expenses. Finance costs stood at HK$38,000 due to lease-related interest. Tax expenses were approximately HK$3.9 million.

As of 30 September 2025, the group’s net assets amounted to about HK$299.7 million, with no bank borrowings on record and a gearing ratio of around 0.6%. The board did not recommend any dividend for the reporting period, citing market uncertainties and the need for prudent capital management.

Management remains cautiously optimistic about the business outlook, noting that the group will continue to monitor market conditions closely. Ocean One Holding Ltd. primarily engages in importing and wholesaling frozen seafood products, offering over 100 product varieties to more than 350 customers in Hong Kong and the surrounding region.

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