PRODUCTIVE TECH (00650) announced its interim results for the six months ended September 30, 2025, with revenue reaching approximately HK$77.6 million, representing a 52.12% year-on-year decline. The company reported a net loss attributable to shareholders of HK$87.7 million, narrowing by 45.43% compared to the same period last year. Basic and diluted loss per share stood at 1.193 HK cents.
The company attributed the losses primarily to R&D and administrative expenses totaling HK$93.5 million, which were incurred to support the ongoing development and expansion of its semiconductor and solar energy businesses. These expenses included (a) share-based non-cash compensation for employees and (b) depreciation and amortization costs related to the acquisition of a solar energy company completed in the fiscal year ended March 31, 2023.
During the reporting period, PRODUCTIVE TECH made significant progress in the industrialization of its semiconductor equipment, particularly in market expansion and order quality. In the semiconductor cleaning equipment segment, the company secured seven new orders, including repeat orders from existing clients and new orders from high-quality customers. Among these orders was one for a high-temperature sulfuric acid cleaning (HTSPM) system designed for advanced semiconductor cleaning processes. Partial deliveries of these orders have already been completed.
Additionally, the company received two new orders for its low-pressure chemical vapor deposition (LPCVD) equipment, which is used in critical thin-film deposition processes for 12-inch semiconductors. Both LPCVD systems have been successfully delivered to customers. With continuous order intake and successful deliveries of its advanced equipment models, PRODUCTIVE TECH is steadily building and validating its mass production capabilities.
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