Vicon Holdings Limited Vicon Holdings Limited (3878.HK) is an investment holding company principally engaged in the design and construction of foundation projects and ancillary services in the Hong Kong private sector. The company offers piling construction including mini-piling, percussive piling, rock socketed steel H-pile, and bored piling; excavation and lateral support works; pile cap construction; site formation and demolition works; road and drainage works; and ground investigation services to determine geological and sub-soil conditions; as well as leasing of construction machinery. Incorporated in the Cayman Islands in 2016 and listed on the Main Board of The Stock Exchange of Hong Kong in December 2017, Vicon Holdings Limited maintains its principal place of business at Office D, 16/F, MG Tower, 133 Hoi Bun Road, Kowloon, Hong Kong, and operates primarily through subsidiaries including Vicon Construction Company Limited, Vicon Machinery Company Limited, and Vicon Construction (Macau) Company Limited, with all revenue derived from Hong Kong. In its latest interim results for the six months ended 30 September 2025, the company reports revenue of HK$119.1 million from five ongoing foundation projects acting solely as main contractor, a backlog of HK$279.5 million, full repayment of bank borrowings to achieve zero gearing, and capital expenditures of HK$2.4 million on machinery purchases, while registering as a specialist contractor with ISO accreditations and focusing on design-and-build projects amid competitive market conditions.