Hao Tian International Construction Investment Group Limited (the “Company”) released its unaudited interim results for the six months ended 30 September 2025. The Company recorded revenue of approximately HK$41 million, a decrease from HK$86 million in the same period of 2024. The loss for the period stood at approximately HK$36 million, compared with a loss of approximately HK$81 million in 2024. The decline in revenue was mainly attributed to lower utilization of the construction machinery rental fleet.
In the construction machinery segment, rental income and sales of machinery and spare parts amounted to roughly HK$34 million, reflecting a downturn in demand. In financial services, encompassing asset management, securities brokerage, and money lending, revenue totaled around HK$4 million, compared to approximately HK$7 million in 2024. The overall gross profit declined from HK$31 million to HK$1 million amid stable cost levels despite weaker market conditions.
Administrative expenses rose to about HK$35 million during the period, primarily driven by staff costs and overall operational spending. Provision of impairment loss on financial assets reached approximately HK$3 million. Finance costs increased to about HK$9 million after higher borrowings. The Group’s gearing ratio stood at 27.4%, with net debts of approximately HK$493 million and total equity of around HK$1,307 million as of 30 September 2025.
Operations span several segments: rental and sales of construction machinery, repair and maintenance and transportation services, money lending, securities-related services, and property development. The property development project in Port Dickson, Malaysia remains in a preliminary phase. Management remains attentive to upcoming opportunities from potential infrastructure projects in Hong Kong and is in the process of applying for approval to provide virtual asset dealing services through its Licensed Corporation.
During the period, the Company completed various share placements under specific and general mandates to strengthen capital reserves, including the issuance of 125 million shares on 12 May 2025 and further placements totaling 1.3 billion and 200 million shares in August 2025. The Company also announced significant transactions, including the disposal of 85% of the issued share capital of Alcott Global Limited, completed on 25 November 2025, and a subscription agreement involving Planetree (BVI) Capital Limited in September 2025.
The Board does not recommend the payment of any interim dividend for this reporting period. Company management will continue to monitor market changes, divest selectively underutilized machinery, and expand its product offerings, particularly in regulated financial services, to enhance resilience and long-term value.
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