[True Burn Hong Kong Market Trends] Home Control (01747.HK): Net profit increased by 56.9% year-on-year to approximately $5 million, strategically entering the home healthcare sector for long-term growth.
On August 15, 2025, $HOME CONTROL(01747.HK) announced the unaudited interim results of the company and its subsidiaries for the six months ended June 30, 2025.
The interim report shows that the company achieved outstanding financial performance. Revenue was approximately $59.6 million, an increase of 14.3% year-on-year. North America and Europe, its main markets, accounted for 73.2% of total revenue. Gross profit increased by 14.6% year-on-year to approximately $17.7 million. Through automation and optimized cost management measures, the company's net profit for the six months ended June 30, 2025, was $5.0 million, an increase of 56.9% year-on-year. The net profit margin also increased from 6.2% in the first half of 2024 to 8.5% in the first half of 2025. In terms of revenue contribution, control solutions accounted for 80.2% of total revenue, while healthcare solutions became the second-largest contributor, increasing from approximately 15.5% of total revenue in the first half of 2024 to approximately 19.7% in the first half of 2025.
Additionally, Home Control upgraded its "Omni Remotes" brand to "Omni Devices" at the end of 2024 to better reflect the company's significant development in the healthcare sector beyond control solutions. Leveraging professional expertise and strong capabilities, as well as long-term technological innovation and market expansion, Home Control is committed to investing in technologies related to sustainable development, advanced sensing, and wireless connectivity to develop tailored solutions for vertical sectors, particularly in healthcare.
It is reported that Home Control is dedicated to developing a set of integrated solutions and platforms utilizing AIoT, which can promote a healthy home environment, enable real-time personal health management, and create a seamless online and offline healthcare experience.
Mr. Guo Xiong Xiao, Group CEO and Executive Director of Home Control, said: "Home Control has a solid foundation of excellent operational efficiency, product innovation, flexible production capabilities, and effective cash flow management, consistently demonstrating outstanding performance in maintaining robust finances. Amid increasing trade tensions among major economies, the company has prudently managed cash flow and enhanced resilience to successfully address challenges. At the same time, we are actively exploring business opportunities in the healthcare sector to meet the growing demand in key markets. Thanks to the collective efforts of the entire team, we announced a significant improvement in net profit for the first half of 2025."
He added: "Home Control has recently undergone adjustments in its equity structure and board composition. New shareholders are optimistic and confident about Home Control's prospects, especially in the development direction of providing home healthcare, smart home, and diversified application solutions in the AI era. The company is engaging in strategic development with specific partners to create an intelligent healthcare platform driven by cutting-edge AI and blockchain technologies. This platform will seamlessly integrate various smart devices for home healthcare scenarios and will become a transformative next-generation growth engine for the company's business and organization.
With its diversified product portfolio and strong innovation capabilities, Home Control will deliver long-term value and returns to all stakeholders. The company will also continue to increase R&D investment, expand the sales team, optimize the supply chain, and seize market opportunities to further strengthen its competitiveness in the industry."
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