Shares of EASY SMART GP (02442) plummeted 5.17% during intraday trading on Tuesday, following the release of its interim financial results for the six months ended December 31, 2025.

The sharp decline came after the company reported a significant shift from profit to loss. Revenue fell approximately 24.24% year-on-year to HK$139 million, primarily due to the completion or near-completion of several large-scale public sector projects. The company posted a net loss of HK$5.09 million, reversing from a net profit in the prior-year period, with basic losses per share of HK1.25 cents.

Further pressuring profitability, the group's gross profit margin declined to 4.90% from 7.70% a year earlier. The company cited factors including fluctuating subcontractor fees, rising construction material costs, and a competitive industry environment for the weaker performance. The board did not recommend an interim dividend for the period.