Unity GP Hldgs recorded revenue of HKD 76.1 million for the six months ending September 30, 2024, representing a year-on-year growth of 89.3%; gross profit increased to HKD 38.8 million, a growth of 44.8%. The profit for the period was HKD 24.984 million, up from HKD 17.257 million in the same period last year. Basic and diluted earnings per share were HKD 0.59. Total assets reached HKD 521.388 million, with net assets amounting to HKD 366.04 million. Management pointed out that the revenue growth was mainly driven by increased demand for energy-saving product trade and the advancement of projects in Malaysia. The gross margin fell to 51.0% due to a decline in high-margin consulting services revenue. Administrative expenses increased to HKD 24.2 million, primarily due to rising employee benefits...Show More

Unity GP Hldgs recorded revenue of HKD 76.1 million for the six months ending September 30, 2024, representing a year-on-year growth of 89.3%; gross profit increased to HKD 38.8 million, a growth of 44.8%. The profit for the period was HKD 24.984 million, up from HKD 17.257 million in the same period last year. Basic and diluted earnings per share were HKD 0.59. Total assets reached HKD 521.388 million, with net assets amounting to HKD 366.04 million. Management pointed out that the revenue growth was mainly driven by increased demand for energy-saving product trade and the advancement of projects in Malaysia. The gross margin fell to 51.0% due to a decline in high-margin consulting services revenue. Administrative expenses increased to HKD 24.2 million, primarily due to rising employee benefits expenses. EBITDA rose to HKD 32.649 million, and EBIT increased to HKD 31.264 million. Looking forward, Unity GP plans to pursue a potential second listing in Malaysia and accelerate project deployment in Malaysia. The group's partnerships in Singapore and the Middle East will further expand its business. Management is optimistic about future business growth and will continue to monitor forex risks.