CTF Services (00659.HK) reported profit attributable to shareholders of HKD 1.3 billion for H1 FY2026 (six months ended 31 December 2025), up 15%. Revenue was HKD 12.8 billion in H1. Attributable operating profit (AOP) rose 3% to HKD 2.3 billion, while adjusted EBITDA was HKD 3.6 billion and basic EPS was HKD 0.30 (+14%). The interim dividend was set at HKD 0.28 per share (+3% on a comparable basis), with total interim ordinary dividends of HKD 1.3 billion (+6%). By segment in H1, AOP was HKD 771.1 million (+1%) for Roads, HKD 728.8 million (+19%) for Financial Services, HKD 331.8 million (-14%) for Logistics, HKD 310.0 million (-21%) for Construction, HKD 42.8 million (3.6x) for Facilities Management, and HKD 99.4 million (+78%) for Strategic Investments. CTF Services said it ended H1 with total available liquidity of about HKD 31.0 billion, including cash and bank balances of HKD 20.9 billion, while net debt fell 6% to HKD 13.8 billion and net gearing declined to 34%; debt due within one year was reduced 28% to about HKD 6.8 billion. Business updates included the October 2025 issuance of HKD 2.2 billion 0.75% exchangeable bonds linked to its Shoucheng stake, the acquisition of a logistics property in Dongguan in December 2025 and the subsequent acquisition of three logistics properties in Shanghai, Ningbo and Changzhou in January 2026, and the purchase of a 13.05% stake in uSMART (accounted for as an associate). The group also said it applied in January 2026 to register up to RMB 5.0 billion under a 2026 Panda Bond Programme, and noted that public float rose to about 25.08% as at 21 November 2025 and about 26.05% as at 24 February 2026 following its convertible bond actions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTF Services Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260226-12030332), on February 26, 2026, and is solely responsible for the information contained therein.
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