LOTUS HORIZON HOLDINGS LIMITED (6063) reported unaudited consolidated revenue of HK$119.985 million for the six months ended 30 September 2025, compared with HK$130.674 million for the same period in 2024. Gross profit rose from HK$13.376 million to HK$13.879 million, while profit for the period decreased from HK$2.019 million to HK$1.295 million. Basic earnings per share were 0.06 HK cents, compared with 0.10 HK cents a year ago. The Board did not declare an interim dividend.
According to the announcement, the Group had 24 ongoing projects during the period under review, with an original contract sum of HK$732.1 million and a backlog of HK$314.0 million. Newly awarded projects totaled HK$106.6 million. The Group attributed the overall decline in revenue to lower contributions from certain building metal finishing works projects. Gross profit margin improved year-on-year, partly due to a favorable final account settlement in a completed public facilities project.
Management noted that the Group maintained a healthy liquidity position, with net current assets standing at HK$123.294 million. Cash and cash equivalents amounted to HK$48.969 million. Capital expenditure for the reporting period primarily related to leasehold improvements. The Group did not have bank borrowings as of 30 September 2025, and its gearing ratio remained at zero.
In addition, a joint venture agreement was established with a Macau-based restaurant operator to expand business diversification into a North-eastern Chinese cuisine restaurant at The Venetian Macao. The joint venture was formed in May 2025, with each party providing proportional capital contributions and shareholders’ loans.
Looking ahead, the announcement noted cautious market sentiment in private-sector developments but anticipated government-led infrastructure projects to offer support. The company plans to maintain disciplined cost control and is prepared to pursue selective investments to broaden its income base. No significant events or transactions beyond those disclosed were recorded after 30 September 2025.