Universal Technologies (1026) Announces 2025 Interim Results: Revenue HK$172.92 million, Net Loss HK$49.31 million

Bulletin Express
Mar 01

Universal Technologies Holdings Limited (1026) released interim results for the six months ended 31 December 2025. Revenue amounted to HK$172.92 million, down 6.02% from HK$184.00 million in the previous period. The decline was attributed mainly to reduced income in the water supply and related services segment, which generated HK$157.13 million in revenue compared to HK$173.41 million previously. The property investment and development segment recorded HK$15.63 million in revenue (up from HK$10.53 million), while the financial services segment contributed HK$0.16 million.

Net loss attributable to shareholders was HK$49.31 million, a 72.83% increase from HK$28.53 million a year earlier. The company cited compensation loss and default interest from ongoing litigations with a Government-designated Water Plant, as well as higher PRC enterprise income tax expenses, as key factors for the increased loss. Basic and diluted loss per share stood at HK0.89 cent, up from HK0.52 cent. No interim dividend was proposed.

As of 31 December 2025, net current liabilities were HK$538.97 million, while cash, fixed deposits, and restricted bank deposits totaled HK$270.64 million. Bank borrowings decreased to HK$664.35 million from HK$742.36 million in the prior period. Management indicated that it will continue to implement cost controls and maintain strong banking relationships. The company also plans to seek opportunities to enhance property investment and development as part of its strategic focus.

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