SOCAM FY26 H1 returns to profit of HK$30 million; revenue falls 19.2% to HK$2.94 billion

• SOCAM Development swung to a HK$30 million profit attributable to shareholders for the six months ended June 30, from a HK$83 million loss.
• Revenue from continuing operations fell to HK$2.94 billion from HK$3.64 billion.
• Construction segment profit before tax edged up to HK$127 million as turnover slipped to HK$2.88 billion.
• Outstanding construction workload rose to HK$21.9 billion, reaching HK$30.9 billion after HK$9 billion of new July awards.
• Net gearing improved to 89% at June 30 from 101% at Dec. 31, helped by lower borrowings and higher equity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SOCAM Development Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12305397), on August 28, 2026, and is solely responsible for the information contained therein.