UNITY ENT (02195.HK): Interim Revenue HKD 114.1 Million, Loss Narrows to HKD 13.0 Million
- Loss attributable to equity holders was approximately HKD 13.0 million, narrowing from approximately HKD 15.5 million a year earlier; basic loss per share was approximately 7.7 Hong Kong cents, against 12.1 cents.
- The Group is a Hong Kong contractor specialising in repair, maintenance, alteration and addition (RMAA) works, and also provides electric vehicle advisory and installation services and distributes building materials in Hong Kong.
- As at 30 June 2026, the Group had 40 projects on hand (31 December 2025: 86), with outstanding works valued at approximately HKD 212.4 million.
NewTimeSpace News: On 21 September 2026, UNITY ENT (stock code: 02195) published its 2026 interim report. For the six months ended 30 June 2026, the Group recorded revenue of approximately HKD 114.1 million, down approximately 4.2% from approximately HKD 119.1 million in the corresponding period of 2025.
The Group recorded gross profit of approximately HKD 1.1 million, against a gross loss of approximately HKD 3.2 million in the corresponding period of 2025. Loss attributable to equity holders of the Company was approximately HKD 13.0 million, narrowing from approximately HKD 15.5 million in the corresponding period of 2025; basic loss per share was approximately 7.7 Hong Kong cents, against approximately 12.1 Hong Kong cents a year earlier. The Board has resolved not to recommend the payment of an interim dividend for the six months ended 30 June 2026.
The Group is a contractor in Hong Kong specialising in repair, maintenance, alteration and addition (RMAA) works. The decrease in revenue was mainly attributable to a marked slowdown in the local construction and engineering industry amid shrinking market demand, intensified competition and price competition among local contractors, and delays in project commencement dates as customers adopted cautious cash management strategies.
As at 30 June 2026, the Group had 40 projects on hand (31 December 2025: 86 projects), with outstanding works valued at approximately HKD 212.4 million (31 December 2025: approximately HKD 234.4 million).
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