ICO GROUP (01460) announced its interim results for the six months ended September 30, 2025. The group recorded revenue of HK$517 million, representing a 3% year-on-year increase. However, profit attributable to equity shareholders declined by 39.33% to HK$13.36 million, with earnings per share at 1.5 HK cents.
The decrease in profit was primarily attributed to the combined impact of the following factors: a reduction in gross profit by approximately HK$3.7 million, a net decrease of about HK$500,000 in other income and gains/(losses), a reduction in general and administrative expenses by around HK$500,000, a decrease in impairment reversal for trade receivables and contract assets by approximately HK$1 million, and a decline in fair value changes of investment properties by about HK$3.4 million.