ENVISION GREENWISE HOLDINGS LIMITED (Stock Code: 1783) released its interim results for the six months ended 30 September 2025. According to the announcement, revenue reached approximately HK$815.5 million, a significant increase of 228.6% compared to roughly HK$248.2 million in the same period of 2024. Gross profit rose from HK$44.4 million to HK$84.2 million, reflecting a gross profit margin of 10.3%. Profit attributable to owners of the Company stood at HK$15.1 million, compared to a loss of HK$26.6 million in the corresponding period of 2024. Adjusted EBITDA increased from HK$15.9 million to HK$36.1 million. Basic and diluted earnings per share for the period were HK0.55 cents, turning from a restated loss per share of HK1.06 cents. No interim dividend was declared.
The Group’s core operations comprise superstructure building and RMAA works service, as well as reverse supply chain management and environmental-related service. The latter contributed HK$789.8 million in revenue during the reporting period, while the superstructure building and RMAA segment generated approximately HK$25.7 million. Management notes that improved performance partly reflects greater contributions from reverse supply chain management and environmental-related service, including trading of industrial materials.
During this period, the Group completed share placements in December 2024 and July 2025, raising combined net proceeds of approximately HK$129.2 million and HK$99.2 million, respectively. The proceeds are designated for projects such as the EcoPark Project and for supporting operating activities. The Group also acquired 100% equity interest in Green Jade Reverse Logistics Limited for about HK$39.3 million, settled in new shares. This acquisition complements the existing reverse supply chain management business, particularly in battery recycling.
In its financial position, the Group reported total current assets of HK$519.8 million and total current liabilities of HK$291.9 million as at 30 September 2025, resulting in a current ratio of roughly 1.8. Bank borrowing was HK$7.5 million, while total equity stood at HK$621.8 million. The Group had no pledged assets as at the period-end, and the Board resolved not to declare any interim dividend.
A share subdivision became effective on 23 September 2025, subdividing each issued and unissued share of par value HK$0.01 into two subdivided shares of par value HK$0.005 each. The Company also granted share awards under its share award scheme to employees and service providers during the period, aligning incentives with operational and financial objectives.
According to the announcement, the Group remains optimistic about its growth prospects in reverse supply chain management and environmental-related services, considering the global growth trend in green business sectors. Management sees these activities as the principal drivers for future expansion and profitability.