Standard Development Group Ltd. half-year gross profit drops 98 percent to HKD 0.01 million
Reuters
Dec 12, 2025
Standard Development Group Ltd. half-year gross profit drops 98 percent to HKD 0.01 million
Standard Development Group Ltd. reported a loss attributable to owners of HKD 20.9 million for the six months ended 30 September 2025. The total comprehensive expense for the period was HKD 21.9 million. Loss attributable to non-controlling interests amounted to HKD 0.9 million for the same period. The Group is engaged in construction and engineering, petroleum, farming, and bio-energy businesses. Standard Development Group Ltd. stated it is implementing measures to improve financial position, including operational reviews, creditor negotiations, potential business terminations, and has access to unutilized standby loan facilities of up to HKD 82 million.
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