Lap Kei Engineering Posts Massive 1,169% Profit Surge in Interim Results
Stock News
Aug 28
LAP KEI ENGRG (01690) has announced its interim results for the six months ended June 30, 2026, reporting a net profit of HK$5.267 million, a remarkable increase of 1,169.16% compared to the same period last year.
Revenue for the period came in at HK$119 million, representing a decrease of 11.77% year-on-year. Basic earnings per share stood at 0.36 HK cents, with an interim dividend of HK$0.01 per share proposed.
The company attributed the revenue decline to a reduction in the contract value of projects undertaken during the relevant period, which was lower than that of the corresponding period in the previous year.
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