Easy Smart H1 revenue HKD 138.77 million -24.2%

Reuters
02/23
Easy Smart H1 revenue HKD 138.77 million -24.2%

Easy Smart Group $(02442)$ reported revenue of HKD 138.77 million for the six months (H1) ended 31 December 2025, down 24.2%, with a gross profit margin of 4.9%. The company posted a loss before taxation of HKD 5.57 million and a loss for the period attributable to owners of HKD 5.09 million, with basic loss per share of HKD 1.25 cents. The board did not recommend an interim dividend. As at 31 December 2025, Easy Smart Group had bank balances and cash of HKD 20.65 million, total equity of HKD 216.97 million, and a gearing ratio of 0.3%. Outstanding contracts on hand totalled HKD 480.7 million. Management said revenue declined mainly due to the completion or near-completion of sizeable public sector projects, including an airport passenger terminal project and a Kai Tak sports park project, while margin pressure reflected higher subcontractor fees to expedite works and lower margins on new tenders amid intensified competition. The company also said it is assessing business diversification opportunities, including in healthcare and medicine in the PRC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Easy Smart Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260223-12028015), on February 23, 2026, and is solely responsible for the information contained therein.

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