Shing Chi Holdings Ltd. Reports 14% Increase in Sales to HK$85.5 Million; Posts HK$6.96 Million Loss for Six Months Ending March 2025

Reuters
Jun 26
Shing Chi Holdings Ltd. Reports 14% Increase in Sales to HK$85.5 Million; Posts HK$6.96 Million Loss for Six Months Ending March 2025

Shing Chi Holdings Ltd. reported its interim financial results for the six months ended 31 March 2025. The company's revenue from continuing operations in Hong Kong increased to HK$85.538 million compared to HK$75.075 million in the same period the previous year. The company discontinued operations in the PRC, which previously contributed HK$17.034 million in revenue. In terms of segment revenue for the six months ended 31 March 2025, foundation and site formation works contributed HK$21.352 million, general building works and associated services HK$23.918 million, other construction works HK$36.581 million, and construction-related consultancy services HK$3.687 million, totaling HK$85.538 million. The segment results yielded a total of HK$3.695 million. However, after accounting for other income, gains, and losses of HK$1.154 million, administrative and other operating expenses of HK$12.579 million, and finance costs of HK$70, the company reported a loss before tax of HK$6.964 million. No specific outlook or guidance information was provided in the report.

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