香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性及完整性亦不 發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致的任何損 失承擔任何責任。 AMS PUBLIC TRANSPORT HOLDINGS LIMITED 進智公共交通控股有限公司 ( 於開曼群島註冊成立之有限公司 ) (股份代號: 77) 截至二零二五年三月三十一日止年度 五年三月三十一日止年度 全年業績公佈 進智公共交通控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司（統稱「本 集團」）截至二零二五年三月三十一日止年度之綜合業績，連同截至二零二四年三月三十一日止年度之比較 數字如下： 綜合收益表 | | | 截至三月三十一日止年度 | | | --- | --- | --- | --- | | | 附註 | 二零二五年 | 二零二四年 | | | | 千港元 | 千港元 | | 收益 | 4 | 415,029 | 393,686 | | 直接成本 | | (338,570) | (323,036) | | 毛利 | | 76,459 | 70,650 ...

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 201,360,000, an increase of 3.9% from HKD 194,597,000 in the same period of 2023[6] - The gross profit for the same period was HKD 34,899,000, representing a gross margin of approximately 17.3% compared to 16.7% in the previous year[6] - The operating profit increased to HKD 18,097,000, up from HKD 16,681,000, reflecting a growth of 8.5% year-on-year[6] - The net profit attributable to equity holders for the period was HKD 6,909,000, a significant recovery from a loss of HKD 12,695,000 in the prior year[6] - The company reported a total comprehensive income of HKD 7,062,000 for the period, compared to a loss of HKD 12,695,000 in the same period last year[8] - Basic earnings per share for the six months ended September 30, 2024, were HKD 6,909,000, compared to a loss of HKD 12,695,000 in 2023, marking a significant turnaround[42] Revenue Sources - For the six months ended September 30, 2024, the total revenue from the group's public minibus and resident bus services was HKD 201,360,000, representing an increase of 3.9% from HKD 194,597,000 in the same period of 2023[27] - The revenue from public minibus services was HKD 198,007,000, up from HKD 191,562,000, indicating a growth of 3.8%[27] - Revenue increased by 3.5% to HKD 201,360,000, driven by a 0.6% rise in passenger volume and fare increases on 56 routes ranging from 4.8% to 14.3%[82] - The total number of passengers for the company's public minibus service increased to approximately 27,684,000, up from 27,528,000 in the previous year[78] Cash Flow and Investments - The net cash inflow from operating activities for the six months ended September 30, 2024, was HKD 53,940,000, slightly down from HKD 54,155,000 in the previous year[16] - The net cash outflow from investing activities was HKD 1,247,000, compared to an inflow of HKD 9,968,000 in the same period last year[16] - The total capital expenditure for the period was HKD (2,128,000), an increase from HKD (1,271,000) in the previous year[16] - The group's total capital expenditure for the period was HKD 2,805,000, an increase from HKD 1,939,000 in the previous year, primarily for the purchase of two new minibuses[105] Assets and Liabilities - As of September 30, 2024, total assets amounted to HKD 209,558,000, a decrease from HKD 248,443,000 as of March 31, 2024[12] - The company's total liabilities were HKD 174,373,000, down from HKD 209,443,000, indicating a reduction in financial obligations[12] - The net asset value decreased to HKD 35,185,000 from HKD 39,000,000, reflecting a decline in equity[12] - As of September 30, 2024, the current liabilities net amount was HKD 40,959,000, with a current ratio of 0.62[96] Dividends and Shareholder Information - The company declared a special dividend of HKD 10,877,000 during the period, impacting the retained earnings[13] - The company declared a special dividend of HKD 4.0 cents per ordinary share for the six months ended September 30, 2024, totaling HKD 10,877,000, compared to no special dividend in the same period of 2023[41] - The major shareholders include HSBC International Trust with 132,527,000 shares (48.73%) and JETSUN with 117,677,000 shares (43.27%) [122] Operational Efficiency and Challenges - The company continues to focus on enhancing operational efficiency and exploring market expansion opportunities in the public transport sector[6] - The group faced challenges from rising operational costs, particularly fuel and labor expenses, which may necessitate future fare adjustments[109] - The company anticipates the arrival of a second batch of imported mainland drivers in the second half of the fiscal year to alleviate labor shortages and enhance operational capacity[108] Employee and Administrative Expenses - Employee benefits expenses, including directors' remuneration, increased to HKD 100,077,000 for the six months ended September 30, 2024, compared to HKD 97,289,000 in 2023, reflecting a rise of about 2.8%[36] - Administrative expenses rose by 2.9% to HKD 20,389,000, reflecting ongoing operational costs[82] - The group employed 1,186 staff as of September 30, 2024, a slight increase from 1,183 on March 31, 2024[105] Governance and Compliance - The audit committee reviewed the unaudited interim financial information and provided recommendations to the board on November 29, 2024 [127] - The company has complied with the corporate governance code throughout the six months ending September 30, 2024 [126] - The company has maintained a strong governance framework, ensuring compliance with relevant regulations [126]

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 201,360,000, an increase of 3.9% compared to HKD 194,597,000 for the same period in 2023[4] - Gross profit for the same period was HKD 34,899,000, up from HKD 32,604,000, reflecting a gross margin improvement[4] - Operating profit increased to HKD 18,097,000 from HKD 16,681,000, indicating a growth of 8.5% year-over-year[4] - The company recorded a profit attributable to equity holders of HKD 6,909,000, a significant recovery from a loss of HKD 12,695,000 in the previous year[4] - Basic and diluted earnings per share for the period were HKD 2.54, compared to a loss per share of HKD 4.67 in the same period last year[4] - The total income tax expense for the six months ended September 30, 2024, was HKD 1,821,000, a slight decrease from HKD 1,917,000 in 2023[23] - Basic earnings per share for the period were HKD 0.0254, compared to a loss of HKD 0.0467 in the same period of 2023[27] - The company reported a profit of HKD 6,909,000 for the six months ended September 30, 2024, a significant improvement from a loss of HKD 12,695,000 in the same period last year[40] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 250,517,000, down from HKD 287,820,000 as of March 31, 2024[7] - Non-current assets decreased to HKD 122,800,000 from HKD 153,552,000, primarily due to depreciation and amortization[7] - Current liabilities increased to HKD 107,242,000 from HKD 105,018,000, reflecting a slight rise in operational obligations[7] - The company’s net asset value decreased to HKD 35,185,000 from HKD 39,000,000, indicating a decline in overall equity[7] - The company’s accounts receivable totaled HKD 2,220,000 as of September 30, 2024, down from HKD 4,433,000 as of March 31, 2024[34] - The company’s accounts payable amounted to HKD 22,127,000 as of September 30, 2024, compared to HKD 21,159,000 as of March 31, 2024[38] - The net current liabilities as of September 30, 2024, were HKD 40,959,000, compared to HKD 39,377,000 as of March 31, 2024, with a current ratio of 0.62[55] Revenue Sources - The group's revenue from public minibus and resident bus services in Hong Kong for the six months ended September 30, 2024, was HKD 201,360,000, an increase of 3.9% from HKD 194,597,000 in the same period of 2023[16] - Advertising revenue remained stable at HKD 2,250,000 for both periods, while interest income decreased to HKD 816,000 from HKD 1,014,000[17] - The company approved fare increases for 56 routes, ranging from 4.8% to 14.3%, contributing to the revenue growth[44] Costs and Expenses - The financing costs for the six months ended September 30, 2024, totaled HKD 5,407,000, up from HKD 2,379,000 in 2023, primarily due to an increase in lease liabilities[20] - The direct fuel costs increased to HKD 33,841,000 from HKD 31,380,000, and employee benefits expenses rose to HKD 100,077,000 from HKD 97,289,000[21] - Direct costs increased by HKD 4,468,000 or 2.8% to HKD 166,461,000, with labor costs, depreciation of right-of-use assets, fuel costs, and maintenance costs accounting for over 90% of total direct costs[45] - Administrative expenses increased by HKD 580,000 or 2.9% to HKD 20,389,000, mainly due to costs associated with recruiting drivers from mainland China[47] - Employee benefits expenses for the period amounted to HKD 100,077,000, representing 51.4% of total operating costs, slightly down from 52.0% in the previous year[70] Operational Highlights - The total passenger volume for the company's public minibus service increased by approximately 0.6% to about 27,684,000 passengers, compared to 27,528,000 passengers in the previous year[41] - The total mileage driven during the period was approximately 16.6 million kilometers, an increase of 0.6% from 16.5 million kilometers in the previous period[41] - As of September 30, 2024, the company maintained a fleet size of 354 public minibuses, with the number of routes increasing to 73[42] - The group faced challenges related to driver turnover and aging workforce, which limited its ability to increase service frequency[41] - The group faced challenges from unstable fuel prices and an aging workforce, with plans to recruit and train new drivers to address labor shortages[72] - Passenger volume increased by 0.6% during the review period, indicating stable demand, although weekend and public holiday traffic saw a significant decline[72] Governance and Future Outlook - The board of directors did not recommend any interim dividend for the six months ended September 30, 2024, compared to a final dividend of HKD 24,472,000 in 2023[25] - The group expects to adopt new and revised Hong Kong Financial Reporting Standards starting from April 1, 2024, with no significant impact anticipated on the interim financial information[14] - The group has no significant contingent liabilities as of September 30, 2024[67] - There were no major acquisitions or disposals of subsidiaries, associates, or joint ventures during the six months ended September 30, 2024[69] - The group has not implemented any hedging policies for anticipated fuel consumption due to the conclusion that such contracts may not be effective in managing fuel price risks[65] - The group continues to advocate for the importance of minibuses in areas lacking railway services, especially in light of the government's transportation policies prioritizing railways[73] - The company will release detailed interim results and reports for the six-month period ending September 30, 2024, in accordance with listing rules[78] - The board of directors as of the announcement date includes executive and non-executive members, indicating a stable governance structure[80]

AMS PUBLIC TRANSPORT HOLDINGS LIMITED 進智公共交通控股有限公司 於開曼群島註冊成立之有限公司 年度報告書 56 獨立核數師報告 61 綜合收益表 62 綜合全面收益表 63 綜合財務狀況表 64 綜合權益變動表 65 綜合現金流量表 66 綜合財務報表附註 120 集團財務概要 公司資料 進智公共交通控股有限公司（「本公司」）及其附屬公司（統稱「本集團」）的主要業務為在香港經營專線公共小巴（「公共小巴」） （一般亦稱為綠色小巴）及居民巴士客運服務。 50年來，憑藉專業知識，本集團在香港交通網絡發展中發揮了不可或缺的作用，並繼續為我港的交通基礎設施作出貢獻。 目前，本集團營運一個廣泛的網絡，包括73條專線公共小巴路線，共354輛公共小巴。其亦經營四條居民巴士路線，共有七 輛公共巴士。本集團繼續致力優化其路線及服務，以滿足乘客不斷變化的需求，並與城市的交通需求保持同步。乘客的舒適 和便利對本集團的運營至關重要。其車隊由配備最先進設施的環保公共小巴組成。 安全仍然是本集團所有業務的重中之重。本集團之質量管理的承諾獲得認可，自二零一一年起，本集團電腦化維修保養中心 已獲得ISO ...

6. | --- | --- | --- | |--------------------|------------------------|-------------------| | | | | | 融資成本 | | | | | 截至三月三十一日止年度 | | | | 二零二四年 千港元 | 二零二三年 千港元 | | 銀行借款利息開支 | 4,256 | 3,444 | | 租賃負債之融資支出 | 4,513 | 1,940 | | | 8,769 | 5,384 | 5 7. 除所得稅前（虧損）╱溢利 | --- | --- | --- | |-----------------------------------|-----------------------------------|------------| | | | | | | 截至三月三十一日止年度 二零二四年 | 二零二三年 | | | 千港元 | 千港元 | | 直接成本項下之燃油成本 租賃支出 | 62,446 | 68,456 | | －短期租賃 | 221 | 270 | | 使用權資產折舊 | 63,702 | 63,784 | | ...

Financial Performance - Revenue for the six months ended September 30, 2023, was HKD 194,597,000, an increase of 7.5% compared to HKD 181,461,000 for the same period in 2022[7] - Gross profit for the same period was HKD 32,604,000, up 83.4% from HKD 17,779,000 year-on-year[7] - Operating profit decreased to HKD 16,681,000 from HKD 38,895,000, reflecting a decline of 57.1%[7] - The company reported a loss attributable to equity holders of HKD 12,695,000, compared to a profit of HKD 27,088,000 in the previous year[9] - Basic and diluted loss per share was HKD 4.67, compared to earnings of HKD 9.96 per share in the same period last year[7] - Total revenue for the group was HKD 194,597,000, reflecting a growth of 7% from HKD 181,461,000 in the previous year[28] - The group reported a net loss of HKD 12,695,000 for the period, compared to a profit of HKD 27,088,000 in the previous year[71] Assets and Liabilities - Total assets decreased to HKD 147,656,000 from HKD 207,441,000, a decline of 28.8%[12] - Current liabilities increased to HKD 56,071,000 from HKD 84,581,000, indicating a reduction of 33.8%[12] - The company's net assets decreased significantly to HKD 39,800,000 from HKD 76,967,000, a drop of 48.2%[12] - Cash and cash equivalents decreased to HKD 57,244,000 from HKD 68,651,000, a reduction of 16.5%[12] - The total accounts payable as of September 30, 2023, was HKD 5,306,000, a decrease from HKD 5,912,000 as of March 31, 2023, representing a decline of 10.2%[52] - The total lease liabilities as of September 30, 2023, amounted to HKD 114,000, compared to HKD 32,888,000 as of March 31, 2023[54] Cash Flow - Net cash inflow from operating activities for the six months ended September 30, 2023, was HKD 54,155,000, a decrease of 27% from HKD 74,441,000 in 2022[16] - The net cash inflow from investing activities was HKD 9,968,000, compared to a cash outflow of HKD 5,463,000 in the previous year, primarily due to a decrease in fixed deposits by HKD 10,000,000[78] Income and Expenses - Total other income for the six months ended September 30, 2023, was HKD 4,772,000, compared to HKD 4,466,000 for the same period in 2022, reflecting an increase of 6.8%[29] - Interest income significantly increased to HKD 1,014,000 in 2023 from HKD 74,000 in 2022, marking a growth of 1,267.6%[29] - Financing costs decreased to HKD 2,379,000 for the six months ended September 30, 2023, down from HKD 2,620,000 in 2022, a reduction of 9.2%[34] - Direct fuel costs decreased to HKD 31,380,000 in 2023 from HKD 36,508,000 in 2022, a decline of 14.1%[36] - Employee benefits expenses amounted to HKD 97,289,000, representing 52.0% of total costs, an increase from 50.8% in the previous year due to rising labor costs[89] Government Subsidies and Dividends - The group received government subsidies of HKD 225,000 for the acquisition of properties, machinery, and equipment[16] - Dividends paid increased significantly to HKD 24,472,000 from HKD 8,157,000 in the previous year, marking a rise of 200%[16] - The company received no government subsidies in the current period, compared to HKD 37,409,000 in the previous period, indicating a significant decrease[35] - No interim dividend was declared for the six months ended September 30, 2023, while a final dividend of HKD 24,472,000 was approved for the previous fiscal year[40] Operational Insights - The passenger volume has continued to recover following the end of the COVID-19 pandemic, contributing to improved operational performance[68] - The group faced challenges in recruiting and retaining drivers, leading to increased labor costs by 4.2% to HKD 75,049,000[74] - The company is facing challenges in recruiting and retaining drivers, but has received approval to bring in experienced drivers from mainland China, expected to arrive within one to two months[93] - The introduction of skilled drivers from mainland China aims to enhance service quality and operational capacity, with comprehensive training programs planned to ensure adaptation to local regulations and procedures[93] - The expansion of the Hong Kong railway network presents challenges for the minibus industry, but the company believes that a balanced transportation system, including cooperation between rail and minibuses, is essential to meet commuter needs[94] Future Outlook - Management expects that upcoming fare increase applications will contribute to revenue growth, despite ongoing operational pressures from high fuel prices and labor costs[92] - Passenger volume has not fully recovered to pre-pandemic levels, particularly during peak evening hours, but management is optimistic about improvements in the second half of the year due to ongoing economic stimulus measures and local economic recovery[92] Corporate Governance - The company has complied with the Corporate Governance Code during the six months ending September 30, 2023[105] - The Audit Committee, consisting of three independent non-executive directors, reviewed the unaudited interim financial information on November 30, 2023[106] - The executive directors include the chairman and CEO, with a total of four executive directors and three independent non-executive directors[108]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性及完整性 亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致 的任何損失承擔任何責任。 AMS PUBLIC TRANSPORT HOLDINGS LIMITED 進智公共交通控股有限公司 (於開曼群島註冊成立之有限公司) (股股股股份份份份代代代代號號號號: 77) 截截截截至至至至二二二二零零零零二二二二三三三三年年年年九九九九月月月月三三三三十十十十日日日日止止止止六六六六個個個個月月月月 未未未未經經經經審審審審核核核核中中中中期期期期業業業業績績績績公公公公佈佈佈佈 進智公共交通控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司及其附屬公司（統稱「本 集團」）截至二零二三年九月三十日止六個月之未經審核簡明綜合中期業績，連同二零二二年同期之未經 審核比較數字。未經審核簡明綜合中期財務資料已由本公司核數師及審核委員會（「審核委員會」）審閱。 簡簡簡簡明明明明綜綜綜綜合合合合收收收收益益益益表表表表 截至二零二三年九月三十日止六個月 截截截截至至至至九九九九月月月月三三三三十 ...

AMS PUBLIC TRANSPORT HOLDINGS LIMITED 進智公共交通控股有限公司 於開曼群島註冊成立之有限公司 (股份代號：77) 2022/23 年 度 報 告 書 目錄 2 公司資料 56 獨立核數師報告 3 集團概況 61 綜合收益表 4 財務及業務摘要 62 綜合全面收益表 6 主席報告 63 綜合財務狀況表 8 管理層討論及分析 64 綜合權益變動表 15 環境、社會及管治報告 65 綜合現金流量表 25 企業管治報告 66 綜合財務報表附註 43 董事及高級管理人員概況 116 集團財務概要 公司資料 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性及完整性亦不 發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致的任何損 失承擔任何責任。 AMS PUBLIC TRANSPORT HOLDINGS LIMITED 進智公共交通控股有限公司 (於開曼群島註冊成立之有限公司) (股股股股份份份份代代代代號號號號: 77) 截截截截至至至至二二二二零零零零二二二二三三三三年年年年三三三三月月月月三三三三十十十十一一一一日日日日止止止止年年年年度度度度 全全全全年年年年業業業業績績績績公公公公佈佈佈佈 進智公共交通控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司（統稱「本 集團」）截至二零二三年三月三十一日止年度之綜合業績，連同截至二零二二年三月三十一日止年度之比較 數字如下： 綜綜綜綜合合合合收收收收益益益益表表表表 截截截截至至至至三三三三月月月月三三三三十十十十一一一一日日日日止止止止年年年年度度度度 附註 二二二二零零零零二二二二三三三三年年年年 二零二二年 千千千千港港港港元元元元 千港元 收收收收益益益益 4 ...

Financial Performance - For the six months ended September 30, 2022, the company reported revenue of HKD 181,461,000, an increase of 1.1% from HKD 178,828,000 in the same period last year[4] - The gross profit for the same period was HKD 17,779,000, down 29.5% from HKD 25,142,000 year-on-year[4] - The operating profit increased significantly to HKD 38,895,000, compared to HKD 12,142,000 in the previous year, marking a growth of 220.5%[4] - Profit attributable to equity holders for the period was HKD 27,088,000, a substantial increase from HKD 3,695,000 in the prior year, representing a growth of 632.5%[4] - Basic and diluted earnings per share were both HKD 0.0996, compared to HKD 0.0136 in the same period last year, reflecting a significant increase[4] Assets and Liabilities - The total assets as of September 30, 2022, were HKD 249,019,000, compared to HKD 285,132,000 as of March 31, 2022[10] - The net asset value increased to HKD 64,770,000 from HKD 45,839,000, indicating a growth of 41.2%[10] - The company reported total payables of HKD 38,906,000 as of September 30, 2022, compared to HKD 35,114,000 as of March 31, 2022[59] - The bank borrowings as of September 30, 2022, totaled HKD 201,526,000, with approximately HKD 141,226,000 utilized, down from HKD 205,391,000 and HKD 152,091,000 respectively as of March 31, 2022[66] Cash Flow and Financing - The net cash inflow from operating activities for the six months ended September 30, 2022, was HKD 74,441,000, compared to HKD 52,914,000 for the same period in 2021, representing an increase of approximately 40.9%[14] - The cash and cash equivalents increased by HKD 15,675,000 during the period, contrasting with a decrease of HKD 9,225,000 in the previous year[14] - The company’s financing costs decreased to HKD 2,620,000 from HKD 3,332,000, a reduction of 36.5%[4] - The total cash outflow from financing activities was HKD 53,303,000, slightly reduced from HKD 57,305,000 in the previous year[14] Government Subsidies and Other Income - Government subsidies received amounted to HKD 37,409,000 for the six months ended September 30, 2022, significantly up from HKD 3,347,000 in the same period of 2021[33] - Other income totaled HKD 4,466,000, an increase from HKD 3,779,000 year-on-year[32] - The company received government subsidies of HKD 30,000 related to the disposal of property, plant, and equipment during the period[14] Operational Highlights - Passenger volume for the group's public minibus service decreased by approximately 5.0% to about 25,585,000 passengers, down from 26,944,000 passengers in the previous year[81] - The group adjusted service schedules in response to changes in passenger demand, resulting in a total mileage reduction of approximately 6.5% to about 16.6 million kilometers[81] - The group replaced 23 old public minibuses with new 19-seat minibuses during the period, increasing the number of 19-seat minibuses in operation to 269[82] Dividends and Shareholder Information - The company paid dividends of HKD 8,157,000 during the period, a decrease from HKD 19,034,000 in the previous year, reflecting a reduction of approximately 57.2%[14] - The group did not declare any interim dividend for the six months ended September 30, 2022, consistent with the previous year[80] - The company declared a special dividend of HKD 0.03 per ordinary share, totaling HKD 8,157,000, compared to a final dividend of HKD 0.07 per share amounting to HKD 19,034,000 in the previous year[44] Challenges and Future Outlook - The group expects fuel costs to continue negatively impacting profitability due to rising prices, with inflation posing a major risk to the global economy[113] - The group anticipates receiving approximately HKD 8 million in subsidies from the Hong Kong government in the second half of the fiscal year, in addition to HKD 37.4 million received in the first half[114] - The group plans to rationalize routes and service schedules to mitigate rising costs and will continue to submit fare increase applications to the Transport Department[114] - The group faces challenges in recruiting drivers due to tightening local labor supply as Hong Kong gradually returns to normal[113] Corporate Governance - The company has complied with the Corporate Governance Code as per the Listing Rules during the six months ending September 30, 2022[131] - The Audit Committee, consisting of three independent non-executive directors, reviewed the unaudited interim financial information on November 24, 2022[132] - The executive directors include the chairman and CEO, with independent non-executive directors providing oversight[132]