HRC World (HRC) H1 2025 earnings summary

Executive summary

• Achieved net profit of $135,115 for the six months ended 30 September 2024, reflecting operational progress and new revenue streams from IT and data centre services.

• Continued focus on restaurant management services while expanding into AI, data analytics, and data centre facility services.

• Subsidiary HRC World Sdn Bhd began offering datacentre facility services and is finalizing acquisition of a 50,000 sq ft commercial property for further expansion.

Financial highlights

• Revenue for the period was $436,000, with gross profit of $107,000 and net profit of $135,000, compared to a net loss of $126,000 in the same period last year.

• Earnings per share improved to $0.10 from a loss of $0.09 per share year-over-year.

• Cash position at period end was $863,476, down from $934,000 at the start of the period.

Outlook and guidance

• Board remains optimistic but notes potential risks and uncertainties that could impact performance in the next six months.

• Cautious approach to new business opportunities while continuing to assess growth prospects.