Huineng Technology Corp

What Do They Do?

Builds applications and websites, designs websites, and provides maintenance for companies and individual customers in Malaysia and Hong Kong.

How Do They Make Money?

Customers pay for application and website development and design when the finalized website service is delivered. Website maintenance is provided under agreements renewed annually.

revenue

Segment	Share	Revenue	How money arrives
Website Development Sold outright	70%		Sold outright
Website Maintenance Recurring	30%		Recurring

Who Are Their Customers?

The company provides application and website services to companies and individuals in Malaysia and Hong Kong. Its two described customers are unrelated Malaysian businesses, one in food and beverage and one operating an online reading platform.

Do Revenues Turn Into Profits?

No. It lost $35K in FY2025.

Operating income, FY2025

−252% of revenue

▼ −9% (Loss) vs FY2024 (−$39.2K, −153%)

Net income, FY2025

−246% of revenue

▼ −11% (Loss) vs FY2024 (−$39.2K, −153%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q3 FY2026, the three months to Aug 31, 2026

Revenue: ▼ −98%; vs $4.9K in Q3 FY2025
Net income: ▲ +107% (Loss); vs −$4.7K in Q3 FY2025

Shrinking. Revenue fell 45% in 1 year, from $25.7K in FY2024 to $14.2K in FY2025, about 45% a year.

Revenue over time

Website Development Website Maintenance Website Design

$50K$25K$0

FY2024 FY2025

Comments