February 13, 2026
MFS Capital Partners Limited (MFS)
Unaudited financials for the six months ended December 31, 2025:
MFS Capital Partners Limited (MFS), for the six months ended December 31, 2025, reported a 39% increase in Revenue totaling $71.26 million compared to $51.36 million in the corresponding period last year. Revenue for the second quarter had a 1% decrease to close at $29.83 million compared to $30.02 million for the comparable quarter of 2024.
Gross profit increased by 39% to $71.26 million compared to $51.36 million for the six months ended December 31, 2024. The company booked gross profit of $29.83 million for the second quarter versus $30.02 million reported for the similar quarter of 2024.
Other operating income decreased by 93% to close at $3.79 million (2024: $55.81 million), while administrative expenses declined by 3% from $43.99 million in 2024 to $42.53 million in the period under review. As a result, operating profit for the six months ended December 31, 2025, amounted to $32.52 million, a 49% decrease relative to $63.17 million reported in 2024.
Finance costs, net, for the six months ended December 31, 2025, amounted to $4.54 million, a 6% increase relative to $4.29 million reported in 2024. Finance costs, net, for the second quarter amounted to $2.14 million (2024: $3.18 million).
Profit before taxation totaled $27.97 million, a 52% decrease from the corresponding period last year (2024: $58.88 million). For the second quarter, profit before taxation declined by 26% to $6.77 million compared to $9.16 million for the corresponding quarter of 2024.
Taxation for the six months ended December 31, 2025, amounted to $13.66 million, a 66% increase relative to $8.22 million reported in 2024. Taxation for the second quarter amounted to $4.53 million (2024: $5.00 million).
Net profit for the six months ended December 31, 2025, decreased by 72% to reach $14.32 million (2024: $50.67 million). For the second quarter, net profit declined by 46% to close at $2.24 million compared to $4.16 million for the corresponding quarter of 2024.
Consequently, Earnings Per Share for the six months amounted to $0.022 (2024: EPS: $0.077), while Earnings Per Share for the quarter totaled $0.003 (2024: LPS: $0.006). The twelve-month trailing EPS was $0.075, and the number of shares used in these calculations was 660,400,000.
Notably, MFS’s stock price closed the trading period on February 13, 2026, at $0.44, with a corresponding P/E ratio of 5.88x.
Balance Sheet Highlights
The company’s assets totaled $825.58 million (2024: $846.28 million), representing a 2% decline year over year.
The decline in total assets was primarily driven by:
- A reduction in due from related parties to $174.39 million (2024: $202.21 million)
- A sharp decline in investment securities to $2.87 million (2024: $23.56 million)
Shareholders’ equity was $307.32 million (2024: $234.36 million), representing a book value per share of $0.47 (2024: $0.35)
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
