ICO Group (01460) released their interim results, with a net profit attributable to shareholders of HK$13.357 million, a decrease of 39.33% year-on-year.

ICO GROUP (01460) announced its interim performance for the six months ended on September 30, 2025. The group achieved revenue of HK$517 million, representing a 3% year-on-year increase. The profit attributable to equity shareholders of the company was HK$13.357 million, a 39.33% decrease year-on-year, with earnings per share of 1.5 HK cents. The announcement stated that the decrease in profit was mainly due to the comprehensive impact of the following factors: a decrease in gross profit of approximately HK$3.7 million; a decrease in other income and net gains/(losses) of approximately HK$0.5 million; a decrease in general and administrative expenses of approximately HK$0.5 million; a decrease in the reversal of impairment provisions for trade receivables and contract assets of approximately HK$1 million; and a decrease in fair value changes in investment properties of approximately HK$3.4 million.