NIU Holdings Limited (Stock Code: 8619) reported revenue of approximately HK$47.6 million for the six months ended 30 September 2025, a decline of about 20% compared to the same period last year. This result was mainly attributed to a reduction in the number of new property construction and refurbishment/maintenance projects.

According to the interim results, cost of services decreased to around HK$34.0 million, leading to a gross profit of approximately HK$13.6 million. General and administrative expenses dropped to about HK$19.0 million, reflecting lower staff costs and reduced business scale. The company recorded a fair value gain of about HK$17.6 million on a financial asset due to its listing in the United States, contributing positively to overall performance.

Profit for the period amounted to roughly HK$12.0 million. The Board has resolved not to recommend any interim dividend. In addition, the total number of issued shares was adjusted to 144,545,000 following a share consolidation completed during the reporting period.

NIU Holdings indicated the primary drivers of its business remain comprehensive structural and geotechnical engineering consultancy services, with focus on Hong Kong and other selected regions. The company also highlighted its ongoing expansion in information technology services as part of its strategic growth trajectory. Looking ahead, it intends to leverage both established engineering expertise and IT development to strengthen market reach and operational efficiency.