About Group

  In 2024 H1, HING YIP HOLDINGS saw a 12.23% surge in revenue, reaching HKD 411 million, marking the sixth consecutive H1 report stating positive revenue growth since 2019. During this period, its net profit skyrocketed by 109.09% year-on-year to HKD 107 million; the net profit attributable to the parent company experienced a staggering 607.77% increase year-on-year, amounting to approximately HKD 62.94 million. This report signifies our sixth consecutive financial statement with a positive net profit and the seventh consecutive statement showing a year-on-year increase in net profit since 2021.

  HING YIP HOLDINGS's foray into the great health and senior care business has significantly bolstered its financial performance. The financial statement reveals a remarkable 263.97% year-on-year increase in operating profit, amounting to approximately HKD 7.68 million in the current period, a stark contrast to the loss of around HKD 4.68 million recorded in the same period last year.

  Generating a revenue of approximately HKD 189 million and an operating profit of HKD 88 million, the financial leasing business remains the cornerstone of HING YIP HOLDINGS's performance, offering a solid foundation for the company to concentrate on and invest in strategic healthcare and technology initiatives, including the great health and senior care business and big data venture. Moreover, our civil explosives business has seen a significant boost, with an operating profit of about HKD 22 million in the current period, marking a year-on-year increase of 106.94%.

  HING YIP HOLDINGS has not only demonstrated a pattern of "multi-area blossoming" but also achieved a positive trajectory of internal development and endogenous growth, guided by the strategic focus on the comprehensive development of the great health and senior care industry, along with the further optimisation of the '1+X' industrial structure.

  HING YIP HOLDINGS will solidify its developmental direction and embrace reform and innovation as well as cost reduction and efficiency enhancement. United from top to bottom, it aspires to become a premier tech-enabled healthcare services provider in the Greater Bay Area. Carrying the significant mission that health spurs enterprise, HING YIP HOLDINGS is bolstering its core competitiveness and capabilities amidst the new round of deepening reform. It strives to forge new advantages for the high-quality development of Nanhai, leveraging the robust growth of state-owned assets and enterprises. HING YIP HOLDINGS is poised to contribute significantly to penning a new chapter of high-quality development of Nanhai!