KINETIX SYSTEMS (08606) has announced its annual results for the year ended December 31, 2025. The Group recorded revenue of HK$393 million, representing an increase of 17.22% compared to the previous year. The annual profit attributable to the company's owners was HK$2.506 million, a turnaround from a loss in the same period last year. Earnings per share were 0.17 HK cents.
According to the announcement, the improvement in performance was primarily due to (i) an increase in gross profit of approximately HK$12.1 million, mainly stemming from higher gross profit generated from the provision of infrastructure solutions services and IT development solutions services during the 2025 fiscal year; and (ii) a decrease in expected credit loss provisions of approximately HK$2.8 million compared to the 2024 fiscal year.