Lee Kee Holdings Limited (“LEE KEE”, Stock Code: 637) released its unaudited interim results for the six months ended 30 September 2025. Revenue amounted to approximately HK$920.7 million, compared with HK$1,007.6 million in the same period last year. The quantity of metal products sold reached about 39,300 tonnes, down from around 43,100 tonnes a year ago.
Gross profit stood at HK$41.9 million, slightly above HK$39.6 million in the previous year’s comparable period. The Group recorded a loss attributable to equity shareholders of about HK$10.2 million, narrowing from the HK$18.0 million loss posted in the prior year. Basic loss per share was 1.23 Hong Kong cents, compared to 2.17 Hong Kong cents a year earlier.
The interim report highlighted disciplined cost controls, a more favorable product mix, and stable demand in selected sectors. Attention to testing and consultancy services contributed to other income of HK$8.9 million, up from HK$7.1 million in the previous year. Distribution and administrative expenses both remained generally flat, at HK$12.0 million and HK$46.0 million respectively.
Cash and cash equivalents were reported at HK$239.4 million, alongside total bank borrowings of HK$2.9 million. This led to a gearing ratio of 1.15%. The Group also has in place a land-resumption agreement related to Genesis Alloys (Ningbo) Limited, valued at approximately HK$14.3 million in compensation and relocation bonus.
The Board did not recommend payment of an interim dividend for this period. As of 30 September 2025, the Group employed 190 staff members. Company management reiterated that it will focus on product innovation, operational efficiency, and environmental initiatives to address ongoing market uncertainties in the non-ferrous metals sector.