Able Engineering reports solid interim profit growth, turnover up 4.2%

Able Engineering Holdings Limited reported a consolidated turnover of HK$4,111,772,000 for the six months ended September 30, 2025, a 4.2% increase from HK$3,946,807,000 in the same period last year. Gross profit also saw a significant rise of 13.2% to HK$162,180,000, up from HK$143,263,000.

The company's profit for the period reached HK$108,236,000, an increase from HK$99,893,000 in the prior year, primarily attributed to scheduled project progress. This led to a rise in basic earnings per share from HK4.99 cents to HK5.41 cents. Finance costs notably decreased by 79% to HK$3,957,000, benefiting from loan repayment and lower Hong Kong Interbank Offered Rate.

During the period, Able Engineering secured substantial construction contracts totaling HK$6,043m, including projects for a Town Park with Public Vehicle Park in Tseung Kwan O and Public Housing Development at Queen's Hill Extension. The company also completed the Joint-user Government Office Building in Tseung Kwan O.