Vico International (1621) announced its unaudited interim results for the six months ended 30 September 2025. Revenue reached approximately HK$697.7 million, marking a 13.9% decrease compared to the same period in 2024. Despite the lower revenue, gross profit rose by 3.9% year-on-year to approximately HK$25.4 million, with net profit increasing by 14.6% to approximately HK$11.0 million.

The company primarily engages in distributing third-party branded petrochemicals, selling self-branded lubricant oil, and offering fleet card services in Hong Kong. Diesel sales accounted for the majority of revenue during the period, although overall sales were affected by reduced oil prices. Higher gross profit was attributed to moderated cost of sales, while net profit gains partly reflected improved other income.

As of 30 September 2025, current assets stood at HK$175.2 million, underpinned by cash and cash equivalents of HK$62.5 million, alongside trade and other receivables of HK$60.5 million. Current liabilities amounted to HK$51.9 million, mainly consisting of bank borrowings and trade payables. The company's gearing ratio was 23.4%, with borrowings bearing interest rates ranging from 2.9% to 3.5% per annum.

Management highlighted the subdued business environment in Hong Kong and global economic uncertainties. However, the company continues to focus on cost efficiency and further development of its diesel distribution, lubricants, and fleet card services. The board did not recommend an interim dividend for the reporting period. The company remains vigilant in monitoring market conditions and identifying opportunities for sustainable growth.