Yee Hop revenue dips as strategic investments take shape

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 corresponding period of 2024. This decline was primarily attributed to a 35.6% reduction in revenue from foundation and other civil works, which fell to HK$379.8 million due to project completions. Despite the overall revenue drop, the group saw an increase in gross profit by 19.9% to HK$93.6 million, with the gross profit margin rising from 11.8% to 19.4%. This improvement was driven by increased operating efficiency from AI applications and cost reduction measures.

Tunneling works revenue increased by 41.0% to HK$81.8 million, and premises revitalization and enhancement revenue grew by 34.2% to HK$17.5 million. The health and environmental innovations business also saw significant growth, with revenue increasing by 164.8% to HK$2.2 million, propelled by higher sales of pet care and household products. The company also completed a strategic investment in Trio AI Limited in October 2025, aligning with its strategy to diversify income streams and enhance technological capabilities.

The group’s net current assets stood at HK$286.9 million as of September 30, 2025, with bank balances and cash at HK$256.4 million. Total bank and other borrowings amounted to HK$95.0 million. The board approved a special dividend of HK$0.15 per ordinary share, payable on December 31, 2025.