Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, the “Group”) (stock code: 1977), a leading service provider of electrical and mechanical (“E&M”) engineering options, and info and interactions innovation services for clever cities, today revealed its interim outcomes for the 6 months ended 30 June 2026 (the “Period”) with interim contracts-in-hand continuing their record-setting efficiency, offering a strong structure for business over the next 3 years and beyond.
Service Highlights
– Interim contracts-in-hand rose by 34.9% to HK$ 17,649.3 million, achieving yet another record high
– Revenue was HK$ 3,036.6 million, up by 5.7%, mainly driven by consistent job execution in the Building Services and Environmental Engineering sections
– Profit attributable to owners of the Company increased 88.1% to HK$ 152.0 million. The boost was partially attributable to the disposal of a roughly 3% equity stake in Nanjing Canatal Data-Centre Environmental Tech Co., Ltd.(Shanghai Stock Code: 603912)
– The Group preserved a strong money position, with bank balances and money at HK$ 1,214.1 million
– Interim dividend totaled up to HK4.9 cents per share, with a year-on-year boost of more than 88%
– Artificial Intelligence (AI) has actually been incorporated into Analogue’s interconnected wise community to produce worth for consumers, by understanding a clever platform for structures, and advanced functional options for water and sewage treatment, as evidenced by the prominent distinctions throughout both the research study and adoption classifications at the inaugural Construction Industry Council AI Award 2026 and at the ASHRAE Region XIII Technology Award 2026
Chairman Dr Mak Kin Wah stated, “Building on our exceptional accomplishment of record-high contracts-in-hand in 2025, the Group kept stable organization efficiency in the very first half of 2026. By incorporating research study, advancement and application of AI innovations, we have actually attained optimised operations and improved quality that make broad acknowledgment from the market. Devoted to development, the Group will even more promote combination of AI, Digital Twin, and the Internet of Things (“IoT”), establish cross-technology incorporated options, and boost efficiency in engineering operations, security, and sustainable advancement, to produce higher worth for customers.”
“Our dedication to company principles, quality, security, health and ecological sustainability stays at the core of whatever we do, assisting our choices, forming our culture, and adding to a more sustainable future.”
Service Review: Building Services
– This section stays the biggest income factor, with income reaching HK$ 1,649.6 million.
– Interim contracts-in-hand reached a record-high level of HK$ 7,996.6 million, with order consumption standing at HK$ 1,348.8 million and a lot of the tenders sent in the Period due for decision in stages later on this year.
– Many jobs in the Northern Metropolis, consisting of Fanling and Kwu Tung real estate jobs and numerous health centers, were prioritised for start and development in execution.
– The Group’s know-how in Building Information Modelling (BIM), Design for Manufacture and Assembly (DfMA) and Modular Integrated Mechanical, Electrical and Plumbing (MiMEP) continued to acquire market traction and assisted protect significant agreements.
– Leveraging our thorough interdisciplinary capability and brand-new engineering methods, this sector preserved our market management, and was widening our market reach to various parts of Asia.
Environmental Engineering
– This section accomplished record-high interim contracts-in-hand, which rose significantly by 78.3% year-on-year to HK$ 8,164.2 million. Order consumption stood at HK$ 910.1 million with active continuous tendering activities and a lot of the tenders sent in the duration due for decision in stages later on this year. Section income increased by 17.2% year-on-year or HK$ 123.2 million.
– A variety of jobs, consisting of a landmark engineering agreement to reprovision vital sewage treatment works to caverns, were prioritised for beginning and execution.
– New term agreements for sewage and E&M systems were likewise contributed to the frequent operation, upkeep, and center management services offered by the sector.
– By releasing AI and Digital Twin under our industry-recognised AlgoWater ® brand name, the section continued to enhance our market leading position by advancing in smart automation, predictive possession management, and real-time procedure optimisation that substantially improve treatment effectiveness and energy cost savings for commercial operations.
– Continued to pursue task chances with partners in the Chinese Mainland and various parts in Asia and Europe.
Details, Communications and Building Technologies (“ICBT”)
– Segment earnings totaled up to HK$ 290.9 million. Contracts-in-hand amounted to HK$ 830.8 million. Order consumption was HK$ 269.9 million.
– As an early mover backed by its own R&D ability and comprehensive job experience, this section was well placed to continue to advance development. A robust digital structure was developed through the Digital Plant and Centralised Management Platform (CMP) that allows real-time insights and data-driven choices.
– Integration of IoT and advanced Building Management System (BMS) under our well-known DigiFusion ® AI Smart Building Platform provides optimised functional effectiveness and improved renter experiences in clever structures and city facilities, in addition to resource circularity for our customers.
Lifts and Escalators
– Revenue and contracts-in-hand were at HK$ 255.9 million and HK$ 657.7 million respectively.
– Order consumption amounted to HK$ 278.4 million, with continuous tendering activities in various parts of the world.
– Transel Elevator & & Electric Inc. (TEI), the associate business in the United States, preserved its strength as one of the biggest independent lift and escalator business in New York and continued to broaden in the southeastern part of the nation, enhancing our market placing and future development.
– Competitiveness was enhanced with improved automation in assembly line and stringent quality assurance, to anchor the end-to-end company design from style, through production, to setup and upkeep services.
– The item portfolio was widened in line with the broadening global market reach and boosted with next-generation item developments.
For additional information of the 2026 Interim Results, please describe the statement submitted with The Stock Exchange of Hong Kong Limited.
About Analogue Holdings Limited
Developed in 1977, Analogue Holdings Limited is a leading service provider of electrical and mechanical (“E&M”) engineering services and info and interactions innovation (“ICT”) services for clever cities, with head office in Hong Kong and operations in the Chinese Mainland, Macau, the United States, the United Kingdom, Germany, Singapore and Malaysia. Serving a large spectrum of consumers from public and economic sectors, the Group offers multidisciplinary and thorough E&M engineering and innovation services in 4 significant sectors, consisting of Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & & Escalators.
The Group likewise produces and offers lifts and escalators worldwide and has actually participated in an alliance with Transel Elevator & & Electric Inc. (“TEI”), among the biggest independent lifts and escalators business in New York, the United States. The Group’s associate partner, Nanjing Canatal Data-Centre Environmental Tech Co., Ltd. (Shanghai Stock Code: 603912), specialises in accuracy environmental protection innovations and associated energy-saving and temperature level control devices for information centres.
Subject: Press release summary