Envision Greenwise Holdings reports significant revenue, profit growth

For the six months ended September 30, 2025, Envision Greenwise Holdings Limited reported a substantial revenue increase of HK$567.3m, or 228.6%, to HK$815.5m, up from HK$248.2m in the corresponding period of 2024. This growth was primarily driven by a HK$632.4m increase in reverse supply chain management and environmental-related services, partially offset by a HK$65.0m decrease in superstructure building and RMAA works.

The group achieved a gross profit of HK$84.2m, an increase of HK$39.8m or 89.6%, compared to HK$44.4m in 2024. Despite this, the gross profit margin decreased to 10.3% from 17.9% due to changes in revenue mix. The company successfully transitioned from a loss of HK$26.6m in 2024 to a profit attributable to owners of HK$15.1m in 2025.

Adjusted EBITDA surged from HK$15.9m in 2024 to HK$36.1m in 2025. Total operating expenses decreased by HK$10.1m, or 13.7%, to HK$63.8m, mainly due to a reduction in equity-settled share-based payment expenses. Basic and diluted earnings per share were HK0.55 cents, a positive shift from a loss of HK1.06 cents (restated) in 2024.