SUNeVision H1 profit attributable to owners rises 10% to HKD 531 million in six months ended 31 December 2025

Reuters17:01
SUNeVision H1 profit attributable to owners rises 10% to HKD 531 million in six months ended 31 December 2025

SUNeVision reported results for the six months (H1) ended 31 December 2025, with total revenue of HKD 1.5 billion (+3%) and recurring revenue from data centre and IT facilities of HKD 1.4 billion (+7%). EBITDA was HKD 1.1 billion (+4%), with EBITDA margin at 73% (from 72%). Profit attributable to shareholders rose to HKD 531.0 million (+10%), while net cash generated from operating activities excluding movement in working capital increased to HKD 1.0 billion (+5%). Basic and diluted EPS were 13.01 cents. The company cited increased demand for premium data centre infrastructure in Hong Kong, including AI-driven deployments, and said it is in advanced discussions on several large-scale customer mandates, particularly for capacity at MEGA IDC. Operational highlights included MEGA-i’s connectivity ecosystem supporting approximately 15,000 cross-connects, continued high occupancy at MEGA Plus and MEGA Two, and MEGA Gateway having over 90% of deployed capacity taken up since opening in Q1 2023. SUNeVision said adjusted gearing ratio excluding shareholder’s loans was 32% at end-December 2025, and it had HKD 449.1 million in cash and HKD 2.4 billion of undrawn facilities as of 31 December 2025. The board did not recommend an interim dividend for H1 2025.

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