Able Engineering reports robust interim profit growth, strong project progress

For the six months ended 30 September 2025, Able Engineering Holdings Limited reported a consolidated turnover of HK$4.11bn, a 4.2% increase from HK$3.95bn in the same period last year. Gross profit for the period rose by 13.2% to HK$162.18m, up from HK$143.26m, with the gross profit margin slightly increasing from 3.6% to 3.9%. Profit attributable to owners of the parent reached HK$108.24m, an 8.3% increase from HK$99.89m in the previous corresponding period, resulting in basic earnings per share rising from HK4.99 cents to HK5.41 cents.

The company's financial performance was positively impacted by a 79% reduction in finance costs, decreasing to HK$3.96m from HK$19.26m, mainly due to term loan repayment and lower interbank offered rates. New construction contracts totaling HK$6.04bn were awarded, including projects in Tseung Kwan O and Queen's Hill Extension.

The board has declared a final dividend of HK$0.06 (6.0 cents) per share for the year ended 31 March 2025, totaling HK$120m. No interim dividend was declared for the current period. The group's net gearing ratio remained at 0% as of 30 September 2025.