Yee Hop holdings declares special dividend despite revenue dip

Yee Hop Holdings Limited reported consolidated revenue of HK$481.3 million for the six months ended September 30, 2025, a 27.3% decrease from HK$661.7 million in the prior corresponding period. Despite this, gross profit increased by 19.9% to HK$93.6 million, primarily driven by improved operating efficiency in foundation and civil works and increased revenue from tunneling works and premises revitalisation. Profit attributable to owners of the company rose by 22.3% to HK$39.6 million.

The board approved a special dividend of HK$0.15 per ordinary share for shareholders on record as of December 19, 2025, payable on December 31, 2025. This follows a period of strategic financial activity, including the issuance of 15,000,000 ordinary shares at HK$2.35 per share, raising approximately HK$34.97 million in net proceeds. These funds are allocated to settle the subscription of shares in Trio AI Limited (HK$15,000,000) and finance its business development (HK$17,000,000), with the remainder for R&D.

The company's liquid assets saw an increase, with bank balances and cash at HK$256.4 million, up from HK$151.0 million on March 31, 2025. Total borrowings for working capital and capital expenditure amounted to HK$95.0 million. The company has also made a significant investment in Trio AI Limited to enhance its operational efficiency and technological capabilities in high-performance computing and AI-driven solutions.