Smart City Development Holdings Limited
HHKEX:82680.13
HKD
-0.01
(-4.55%)
Smart City Development Holdings Limited
HKEX:8268
(Hong Kong Exchange)
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0.13
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ROIC.AI
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- Business
- Smart City Development Holdings Limited Smart City Development Holdings Limited (8268.HK), an investment holding company incorporated in the Cayman Islands in 2014 and headquartered at 11th Floor, Nanyang Plaza, No. 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong, principally engages in construction contracting and related businesses primarily in Hong Kong and Macau; securities investment through long-term and short-term marketable securities including listed equity and debt investments; property investment by acquiring, holding, and renting investment properties; and money lending activities. The construction business segment, its core revenue driver, undertakes building construction works, electrical and mechanical engineering works, alteration, addition, renovation, refurbishment, fitting-out works, and decoration engineering services, with notable projects including No. 93 Repulse Bay Road, Anfield International School in Shatin, No. 1 Gough Hill Road in The Peak, No. 2-6 Fui Yiu Kok Street in Tsuen Wan, and No. 64 Tsun Yip Street in Kwun Tong. In recent developments, the company completed the disposal of subsidiaries Colton Ventures Limited and Deson Development Limited on September 15, 2025, for net proceeds equivalent to their consolidated net assets value of approximately HK$32.1 million, resulting in a loss on disposal of HK$583,000; reported revenue of HK$213.6 million for the six months ended September 30, 2025, up 5.9% year-over-year driven by a 7.2% increase in construction revenue to HK$211.3 million; and maintains approximately 99 employees with operations focused on the Hong Kong market where the majority of revenue and non-current assets are derived.