Man Shing Global Holdings Limited (Stock Code: 8309) reported revenue of approximately HK$195.0 million for the six months ended 30 September 2025, a decrease of 57.4% compared with HK$457.8 million in the same period in 2024. The decline was primarily attributed to six expired street cleaning contracts. Environmental cleaning services continued as the main contributor, generating HK$189.1 million, while property management services accounted for HK$5.9 million.
During the period, cost of sales was HK$172.3 million, leading to a gross profit of HK$22.7 million. Gross profit margin improved to 11.6% from 8.2% in the previous year, partly driven by cost control. Administrative expenses stood at HK$23.2 million, and finance costs declined to HK$0.1 million.
Net profit reached HK$0.9 million, compared to HK$6.6 million in the same period last year. The board did not recommend payment of any interim dividend. Looking ahead, the Group indicated that it aims to explore additional tenders, strengthen operational efficiency, and pursue business opportunities to bolster its financial position in the long term.