Challenging H1 Sees bon Holdings Grapple With Revenue Contraction

E. Bon Holdings Limited has disclosed preliminary results for the first half of fiscal 2025, revealing a notably softer financial performance amid intensifying market headwinds. The company now anticipates posting a loss before tax of HK$2.9 million for the six-month period ending September 30, 2025, marking a significant reversal from the HK$12.1 million profit recorded in the corresponding period of the prior year.

Revenue Pressures Weigh on Performance

The Hong Kong-listed entity witnessed a substantial contraction in total revenue, which tumbled to approximately HK$70.0 million during the interim period. This represents a steep 29.6% year-over-year decline, attributable primarily to weakened market conditions and a reduced influx of project awards. The combination of sluggish commercial activity and diminished business opportunities has materially impacted bon’s top-line generation capabilities.

The company’s preliminary management accounts, though still subject to audit finalization, underscore the challenging operating environment that has characterized the first half of 2025. E. Bon Holdings faces the dual headwind of dampened demand and limited project pipelines, factors that have conspired to erode both revenue generation and profitability during the period.