Horizon Construction Development (09930.HK) total revenue for the first three quarters decreased by approximately 9% year-on-year.

Zhitong Finance APP News, Horizon Construction Development (09930.HK) announced that in the third quarter of 2026, the Group's aerial work platform rental rate at the end of the quarter was approximately 85%. Due to intensifying supply-side pressure in the domestic aerial work platform market, the market rental yield further declined, and total revenue for the first three quarters decreased by approximately 9% year-on-year. On the other hand, overseas business revenue for the first three quarters increased by approximately 39% year-on-year, slowing compared with the interim period. In light of the above, the Group adheres to a prudent operating strategy in the face of industry adjustment. Facing a complex and changing operating environment, the Group maintains prudent capital expenditure, with new capital expenditure mainly directed toward overseas markets.