Revenue from the Group’s operations for the six months ended 30 June 2026 amounted to HK$95.8 million, representing a decrease of HK$34.2 million or 26.3% as compared to HK$130.0 million for the corresponding period in 2025. Such decrease was primarily attributable to the weakened market demand arising from the challenging economic environment, which led to a reduction in customer orders. In addition, the conflicts between the United States and Iran, which resulted in the temporary cessation of sales to the Middle East market, and certain new product originally scheduled for the first half of the year due to the updating of to the product design resulted in the relevant delivery (and hence the revenue recognition) being deferred to the second half of the year

The Group’s gross profit for the six months ended 30 June 2026 amounted to HK$15.2 million, representing a decrease of HK$17.5 million as compared to HK$32.7 million for the corresponding period in 2025. The gross profit margin for the six months ended 30 June 2026 was 15.9%, representing a decrease of 9.3 percentage points compared to 25.2% for the corresponding period in 2025. The decrease in gross profit for the period was mainly attributable to the decrease in sales and increase in raw material costs of electric tools.

Loss attributable to the owners of the Company for the six months ended 30 June 2026 was HK$3.3 million as compared to a profit attributable to the owners of the Company of HK$12.9 million for the six months ended 30 June 2025. The turnaround from profit to loss was primarily attributable to a significant decline in gross profit as mentioned above.