SUNeVision (1686) released its interim results for the six months ended 31 December 2025, highlighting continued growth in its data centre and IT facilities business. Recurring revenue from these operations reached HK$1.38 million, an increase of 7%. Total revenue rose 3% year-on-year to HK$1.51 million. EBITDA grew 4% year-on-year to HK$1.10 million, with margins improving from 72% to 73%.
Profit attributable to owners of the company increased by 10% to HK$0.53 million, supported by lower borrowing costs in the prevailing interest-rate environment. Net cash generated from operating activities excluding movement in working capital increased by 5% to HK$1.03 million.
During the period, demand for premium data centre infrastructure remained robust, driven by international and Chinese hyperscalers. SUNeVision noted steady growth in cross-connect volume at its MEGA-i facility, as well as healthy rental reversions and power upgrades across its broader data centre portfolio. The company maintained its focus on disciplined capital management and prudent expenditure, with an adjusted gearing ratio (excluding shareholder’s loans) of 32%.
Sustainability initiatives continued, including long-term agreements with energy providers for the procurement of green energy attributes, reinforcing SUNeVision’s commitment to its carbon neutrality targets. Management reported strong liquidity on hand to support future expansions and capitalise on emerging growth opportunities in the data centre sector.
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