i-Control Holdings Limited (1402) Announces Interim Results for 2025

Bulletin Express
Nov 20, 2025

On 12 November 2025, i-Control Holdings Limited (1402) released its unaudited interim results for the six months ended 30 September 2025. The Group recorded a net profit of HK$181,000 from continuing operations, compared to a net loss of HK$10,463,000 in the same period of 2024.

Revenue from continuing operations decreased 27.0% year-on-year to HK$46,076,000. VCMA solution services declined from HK$54,102,000 to HK$36,987,000, while maintenance services rose slightly from HK$9,042,000 to HK$9,089,000.

Gross operating profit stood at HK$17,637,000, down from HK$21,346,000, but the gross operating profit margin rose to 38.3% from 33.8%. Staff costs decreased from HK$17,422,000 to HK$13,030,000.

As of 30 September 2025, the Group held net current assets of HK$45,238,000, including HK$50,520,000 in cash and cash equivalents. Its gearing ratio stood at 5.6%. No interim dividend was declared.

In its announcement, the Board noted that supportive government measures and economic recovery in Hong Kong could help drive demand for VCMA solutions. The Group aims to maintain its market position by leveraging its experience and technical expertise in the industry.

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