MECOM Power and Construction Ltd. Projects Over 125% Increase in Net Profit for First Half of 2025

Reuters07-30
MECOM Power and Construction Ltd. Projects Over 125% Increase in Net Profit for First Half of 2025

MECOM Power and Construction Limited has issued a positive profit alert, indicating an expected significant increase in net profit for the six months ending June 30, 2025. The company anticipates recording a net profit of no less than MOP18.0 million, marking an increase of over 125% compared to the same period in the previous year, where the net profit was MOP8.0 million. This growth is primarily attributed to increased revenue from substantial construction works on a power substation and data centers in Macau, alongside an improved gross profit margin in the steel structures business due to market expansion. The company's announcement is based on a preliminary assessment of unaudited management accounts, and actual results may vary. Shareholders and potential investors are advised to exercise caution and refer to the interim results expected to be published by the end of August 2025.

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