Gross profit surged by 78% y-o-y to $19.9 million while gross profit margin rose by 3.8 percentage points y-o-y to 18.7%. According to the group, the higher margins reflects its enhanced bargaining power, operational synergies from integrated project management and the inclusion of higher-margin specialist engineering works.
Ever Glory United, which transferred to the Mainboard in December 2025, has reported earnings of $16.6 million for the FY2025 ended Dec 31, 2025, 85% higher y-o-y.
Revenue grew by 43% y-o-y to $106.7 million mainly due to the consolidation of Guthrie Engineering’s results in the second half of the year, along with progress in ongoing projects from the group’s subsidiaries, Sunbeam M&E and Fire-Guard Engineering. The group acquired Guthrie Engineering on July 1, 2025.
