Nimble Holdings' revenue plummets 82%, company shifts to loss

Nimble Holdings reported revenue of HK$244 million for the six months ended September 30, 2025, an 82% decrease compared to HK$1,333 million in the corresponding period of 2024. This decline was primarily driven by an 83% reduction in sales revenue from its PRC property development business, which generated HK$213 million. The company recorded an unaudited loss attributable to owners of HK$13 million, a reversal from the HK$27 million profit in the prior year.

Despite the revenue drop, the gross profit margin for properties delivered during the period increased to approximately 14%, up from 10% in the corresponding period. Additionally, there was a significant decrease in net impairment losses recognized on properties under development and completed properties held for sale. The Emerson operations business also saw a 39% decrease in revenue to HK$23 million, resulting in a segment loss of HK$20 million.

As of September 30, 2025, the Group maintained a net cash position of HK$418 million. Current assets amounted to HK$2,680 million against current liabilities of HK$2,100 million, yielding net current assets of HK$580 million and a current ratio of 1.28.