SEM Holdings Ltd. reported its results for the six months ended 30 June 2025, posting revenue of HK$21.5 million, a decrease of HK$29.3 million or 57.7% compared to HK$50.9 million for the same period in 2024. The decline was attributed primarily to a slowdown in the construction markets of Hong Kong and Macau, slow economic recovery, global economic uncertainties, and elevated borrowing costs. Gross profit for the period was HK$3.8 million, compared to HK$2.0 million in the previous period. The company recorded profit before taxation of HK$0.5 million, reversing a loss before taxation of HK$7.5 million a year earlier. Net profit attributable to owners of the company reached HK$0.22 million, compared to a net loss of HK$7.44 million in the prior-year period. Revenue from Hong Kong projects totaled HK$5.7 million, a decrease of 86.8% from HK$43.5 million in the prior period, mainly due to the completion of a sizable project earlier in 2025. SEM Holdings indicated plans to diversify its market risks by expanding into the trading of electrical cables while aiming to stabilize its position in the E&M engineering business. Management expressed caution regarding the Group's financial performance for the second half of 2025 but anticipates improvement in financial results for the year. As of 30 June 2025, the Group employed 48 full-time staff.