Smart City Development Holdings Announces Interim Results for 2025

Bulletin Express
Dec 03, 2025

Smart City Development Holdings Limited released its unaudited interim results for the six months ended 30 September 2025. During the period, the Group recorded revenue of approximately HK$213.63 million, up about 5.9% from the HK$201.71 million reported in the same period last year. Gross profit was approximately HK$8.02 million, compared with around HK$10.83 million previously. The Group reported a net loss of about HK$9.52 million, compared with HK$8.78 million in the prior-year period.

Construction activities constituted a main revenue contributor, particularly electrical and mechanical engineering works. Property investment income reached around HK$190,000, and the money lending segment contributed approximately HK$2.53 million. The investment in marketable securities segment recorded a loss of roughly HK$377,000, compared with a gain of around HK$1.79 million in the same period last year.

As of 30 September 2025, the Group’s net assets stood at about HK$102.08 million. The current ratio was around 1.50, and the gearing ratio was approximately 1.8%. The Board did not recommend any interim dividend for the reporting period.

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