Tat Hong Equipment Service Co., Ltd. (2153) announced its interim results for the six months ended 30 September 2025. The Group recorded revenue of approximately RMB301.1 million, an 11.7% decrease compared to the same period in 2024. Management attributed this decline primarily to slower economic growth and a sluggish construction sector.
The Group’s net loss for the period rose to approximately RMB55.1 million, up 52.1% from the previous year’s RMB36.2 million. This increase was mainly due to reduced revenue and ongoing challenges in the construction machinery market.
Basic loss per share was RMB0.05, compared to RMB0.03 for the same period in 2024. The board resolved not to declare an interim dividend. The Group indicated that it continues to optimize operations, focusing on clean energy projects and overseas expansion, while further enhancing tower crane management and research capabilities to improve the efficiency and competitiveness of its services going forward.