According to the Zhitong Finance App, GC CONSTRUCTION (01489.HK) announced that the Group expects to record a net profit of about HK$100,000 to HK$2 million for the six months ending September 30, 2026, while a net loss of about HK$9 million for the six months ended September 30, 2025. The shift from loss to profit was mainly due to an improvement in the Group's gross margin. The improvement in gross margin was mainly due to (i) the absence of a number of low-profit mud projects during the reporting period, which were completed during the same period and had an adverse impact on gross margins during the reporting period; (ii) new projects that were awarded preferential contract prices were launched and progressed, contributing to a higher gross profit margin during the reporting period; and (iii) the Group implemented effective cost control measures, including better management of subcontracting expenses and material costs.

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