Majestic Dragon AeroTech Holdings Limited (stock code: 0918) released its unaudited condensed consolidated financial statements for the six months ended 30 September 2025. The company reported revenue of approximately HK$75.8 million, a significant rise from HK$18.1 million for the same period in 2024, representing a 318% increase.
According to the announcement, the wholesale business grew from HK$12.7 million to HK$46.6 million, while the unmanned aerial vehicles segment rose from HK$4.3 million to HK$28.1 million. In contrast, property investment revenue slipped from HK$1.1 million to HK$1.0 million. Gross profit climbed to HK$27.3 million from HK$5.9 million, with the gross profit margin improving from 33% to 36%.
The company recorded a profit of HK$6.5 million for the period, reversing a loss of HK$16.4 million a year ago. There was a HK$4.0 million fair value loss on investment properties, largely tied to valuation changes in both Hong Kong and Mainland China assets. Net assets were HK$271.0 million as of 30 September 2025, and no interim dividend was recommended.
Majestic Dragon AeroTech Holdings Limited also disclosed that its bank borrowings stood at approximately HK$5.4 million as of 30 September 2025, while cash and cash equivalents totaled HK$17.4 million. The company highlighted expansions in its unmanned aerial vehicles training facilities and noted its property portfolio will continue to be monitored for potential reorganization opportunities.