Financial Performance - The group's revenue for 2024 was HKD 14.37 billion, an increase of 15% compared to 2023[4] - Profit attributable to the company's owners was HKD 434 million, a slight decrease from HKD 467 million in the previous year[4] - The company's revenue increased by 15% to HKD 14.4 billion for the year ending December 31, 2024, compared to HKD 12.5 billion in 2023[23] - Gross profit decreased to HKD 1.2 billion, with a gross margin of 8.0%, down from 10.4% in the previous year[23] - Shareholders' profit attributable to the company was HKD 434 million, a decrease from HKD 474 million in the previous year[23] Project Contracts and Backlog - The group has secured new project contracts worth HKD 10.8 billion, with a total backlog of HKD 31.6 billion, equivalent to just over two years of work[4] - The total construction contract revenue in Hong Kong was HKD 14.2 billion, up from HKD 12.3 billion in 2023[25] - The total existing contracts amount to HKD 31.6 billion, providing significant revenue assurance for the next two years[25] Industry Challenges - The construction industry, which constitutes 99% of the group's revenue, is facing a challenging environment with a potential 25% to 30% reduction in construction projects due to decreased private development[4] - The company anticipates that the construction industry will face challenges in the next two to three years due to market volatility[17] Employee and Workforce - Employee count increased from 3,601 in 2023 to 3,784 by the end of 2024, reflecting the growth in project workload[11] - The total payroll for the year ending December 31, 2024, was approximately HKD 1.825 billion, with 3,784 employees[30] - The gender distribution among employees is 77% male and 23% female[187] - The employee turnover rate is 23.7%, with 76.3% of the turnover attributed to male employees[188] Dividends and Shareholder Returns - The board proposed a final dividend of HKD 0.075 per share and a special dividend of HKD 0.060 per share for the fiscal year ending December 31, 2024[3] - The total dividend distribution for the year amounts to HKD 0.165 per share, including an interim dividend of HKD 0.030 per share paid on September 26, 2024[53] - The proposed dividends are subject to approval at the upcoming annual general meeting scheduled for May 21, 2025[54] Governance and Management - The company has adhered to the corporate governance code throughout 2024, except for the separation of roles between the chairman and CEO[94] - The board consists of eleven members, including four executive directors, three non-executive directors, and four independent non-executive directors[103] - The board has established a dividend policy aimed at providing stable and sustainable returns to shareholders, considering financial status and future expansion plans[164] Risk Management and Internal Controls - The board is committed to maintaining an effective risk management and internal control system to safeguard the company's assets and shareholders' interests, with annual assessments conducted[141] - The internal audit team conducted a systematic review of the group's risk management and internal control systems, providing reasonable assurance of their effectiveness[145] Environmental and Social Responsibility - The company emphasizes the importance of sustainable development in all business operations to create a better future for employees, the environment, and the community[172] - The group has been recognized for its environmental initiatives, receiving the Gold Award for Outstanding Environmental Management in Project Management[152] - The group has committed to continuous improvement in quality assurance, occupational safety, and environmental performance, aiming to inspire employees and subcontractors[155] Awards and Recognition - The group received multiple awards in the current year, including two Silver Awards and seven Merit Awards in the Hong Kong Construction Safety Awards[147] - The group has been awarded the Contractor of the Year (Grand Award) and NEC Contractor of the Year (Grand Award) for its outstanding performance in the construction industry[156] Employee Development and Welfare - The company has implemented various training programs, with an average training hour of 9.6 for ordinary employees, 4.77 for supervisory staff, and 5.18 for management[199] - The company has committed to providing group medical benefits to all eligible employees and their families in 2024, demonstrating its dedication to employee welfare[195] - A total of 61 employees participated in the "Talent Development Program" aimed at nurturing potential junior managers in 2024[196]

（股份代號：00240） 截至二零二四年十二月三十一日止年度 全年業績公佈 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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 BUILD KING HOLDINGS LIMITED （ 利基控股有限公司 ）* （於百慕達註冊成立之有限公司） 財務表現摘要 每股權益**增加百分比 12% 權益 2,662,000,000港元 每股權益 2.14港元 集團收入 14,369,000,000港元 本公司擁有人應佔溢利 434,000,000港元 每股末期股息 7.5港仙 每股特別股息 6.0港仙 ** 權益指本公司擁有人應佔權益 * 僅供識別 – 1 – 業績 利基控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（「本 集團」）截至二零二四年十二月三十一日止年度之經審核綜合業績及於二零二四年 十二月三十一日之綜合財務狀況表，連同二零二三年之比較數字如下： 綜合損益表 截至二零二四年十二月三十一日止年度 | | | 二零二四年 | 二零二三年 ...

Build King 利 基 控 股 有 限 公 司 ( 於百慕逵註冊成立之有限公司) (股份代號：00240) 二零二四年 中期報告 目 錄 頁次 中期業績摘要 2 管理層討論及分析 3 股息 8 權益披露 9 企業管治 11 其他資料 12 簡明綜合財務報表審閱報告 13 簡明綜合損益表 14 簡明綜合損益及其他全面收益表 15 簡明綜合財務狀況表 16 簡明綜合權益變動表 18 簡明綜合現金流量表 19 簡明綜合財務報表附註 20 公司資料 40 中期業績摘要 利基控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（「本集團」）截至二零二四年六月三十日止六個月之 | --- | --- | |--------------------------------|--------------------| | | | | | | | 中期業績。 | | | 財務表現摘要 | | | 每股權益 ** 增加百分比 | 2% | | 權益 | 2,417,000,000 港元 | | 每股權益 | 1.95 港元 | | 集團收入 | 6,472,000,000 港元 | | 本公司擁有人應佔溢利 ...

Financial Performance - The group reported a revenue of HKD 6,472,335,000 for the six months ended June 30, 2024, representing an increase from HKD 5,973,534,000 in the same period last year, which is a growth of approximately 8.4%[2] - The gross profit for the period was HKD 527,328,000, down from HKD 677,305,000 in the previous year, indicating a decrease of about 22.1%[2] - The profit attributable to the owners of the company was HKD 148,198,000, a decline from HKD 250,252,000 year-on-year, reflecting a decrease of approximately 40.7%[2] - Basic earnings per share decreased to HKD 11.9 from HKD 20.2, representing a decline of about 41.1%[2] - The total comprehensive income for the period was HKD 136,308,000, down from HKD 228,889,000 in the previous year, a decrease of approximately 40.4%[3] - The pre-tax profit for the six months ended June 30, 2024, was HKD 167,888, compared to HKD 329,486 for the same period in 2023, showing a decline of approximately 49%[17] - Investment and other income for the six months ended June 30, 2024, was HKD 10,930, compared to HKD 13,684 for the same period in 2023, indicating a decrease of approximately 20%[15] - The financial costs for the six months ended June 30, 2024, were HKD 11,908, down from HKD 15,386 in the same period of 2023, reflecting a reduction of about 22.5%[16] - The income tax expense for the six months ended June 30, 2024, was HKD 22,253, significantly lower than HKD 82,527 for the same period in 2023, a decrease of about 73%[18] Assets and Liabilities - Non-current assets amounted to HKD 885,039,000 as of June 30, 2024, a significant decrease from HKD 1,692,454,000 at the end of the previous year[4] - Current liabilities decreased to HKD 5,225,107,000 from HKD 5,500,139,000, indicating a reduction of about 5%[6] - The total equity attributable to the owners of the company increased to HKD 2,416,867,000 from HKD 2,376,470,000, reflecting a growth of approximately 1.7%[6] - The group’s cash and cash equivalents stood at HKD 1,131,248,000, down from HKD 1,299,649,000, indicating a decrease of about 13%[4] - Trade receivables as of June 30, 2024, amounted to HKD 529,696, down 12.4% from HKD 604,478 at the end of 2023[25] - Contract assets as of June 30, 2024, were HKD 3,450,491, a decrease of 5.7% from HKD 3,658,732 at the end of 2023[27] - Trade payables as of June 30, 2024, totaled HKD 285,838, a decrease of 32.2% from HKD 421,512 at the end of 2023[30] - The total interest-bearing borrowings decreased to HKD 178,000,000 from HKD 238,000,000, representing a reduction of 25.3%[40] - The total equity as of June 30, 2024, was HKD 2,439,000,000, up from HKD 2,402,000,000, reflecting a growth of 1.5%[42] - The capital debt ratio decreased to 7% from 10% as of December 31, 2023, indicating improved financial stability[42] Dividends - The company declared an interim dividend of HKD 0.03 per share[2] - The interim dividend declared on August 22, 2024, is HKD 0.03 per share, totaling approximately HKD 37,256,000, down from HKD 49,675,000 in the same period last year[22] - The interim dividend for the year ended December 31, 2023, was approved at HKD 0.08 per share, totaling approximately HKD 99,000,000[42] Operational Highlights - The segment profit for Hong Kong was HKD 206,636, while the segment loss for China was HKD 13,906, resulting in a total segment profit of HKD 192,730 for the six months ended June 30, 2024[12] - The company’s total segment revenue from construction contracts was HKD 6,363,753 for Hong Kong and HKD 108,582 for China, contributing to the overall revenue growth[10][12] - The company reported an increase in unbilled revenue from construction contracts, totaling HKD 2,621,307 as of June 30, 2024[27] - The company achieved new construction contract values of approximately HKD 8,200,000,000 since the beginning of the year[34] - The average steam supply from the company's four operational steam plants increased by 15% to 91 tons per hour, compared to 79 tons per hour in the previous year[36] Employee and Costs - Employee costs totaled HKD 939,000,000 for the period, compared to HKD 832,000,000 in the previous year, with the workforce increasing to 3,693 employees[39] Other Financial Matters - The company recognized a loss of HKD 42,730 from other losses for the six months ended June 30, 2024, compared to no losses reported in the same period of 2023[15] - The company expects to incur a loss of HKD 36,000,000 related to the termination of a land-sharing transaction in Hong Kong[37] - The fair value of a financial asset related to a joint venture project in Shenzhen was estimated at HKD 772,000,000, with a fair value gain of HKD 37,000,000 recorded for the period[38] - The company has made full provisions for the recoverability of a deposit of RMB 34,000,000 related to a terminated joint venture in Texas, reflecting ongoing legal proceedings[38] - As of June 30, 2024, the group's liquid assets amounted to HKD 1,950,000,000, an increase of 40.3% from HKD 1,390,000,000 on December 31, 2023[40] - The group has pledged bank deposits of HKD 82,000,000 to secure bank financing, an increase from HKD 70,000,000 as of December 31, 2023[43] - The group did not engage in any securities transactions involving the purchase, sale, or redemption of its listed securities during the six months ended June 30, 2024[47] - The company has adhered to the corporate governance code as per the listing rules, except for the separation of roles between the chairman and CEO[44]

本集團2023年營業額為125億港元，較2022年輕微增加約1%，利潤由4.29億港元增至4.67億港元，原因是大部分工程進 展順利，實現了良好的經營效益。 自上次報告以來，本集團獲得了105億港元的新工程項目。在撰寫本報告時，集團手上未完工的工程總額約為286億港元， 這意味着我們現在手上有相等於二年多一點的工作量。隨著集團計劃的營業額在未來數年將會繼續增加，我們將需要獲得更 多新工程項目來維持現有的員工隊伍。儘管政府面臨財政問題，但繼續投資建設香港的未來基礎設施會符合香港的整體利 益。因此，我們預計將會有足夠的大型招標項目，我們亦將致力於確保我們的市場份額，從而為集團的員工和股東帶來利 益。 在上一份報告中，本人期望 2023年集團的利潤會取得更好的結果。結果是除了一兩項意外之外，集團實現了這一個目標。 總的來說，公司所有在建的項目都表現良好。然而，期內發生了兩件意想不到的事情，顯著降低了集團的營業額，更重要的 是也減少了利潤： 1） 許多人都知道，公營工程合約中有機制，工程款根據物價或工資的指數改變而有所調整。過去幾年，由於成本上漲帶動 這個指數(CPF) 每年平均上升約2%或更高。然而，在2023年由 ...

本集團給予其貿易客戶平均60天賒賬期。 – 17 – 12. 合約資產 | --- | --- | --- | |---------------------------------------|-----------------------|---------------------| | | 二零二三年 \n千港元 | 二零二二年 \n千港元 | | 分析為流動資產： | | | | 建築合約之未發票據營業收入（附註 a ） | 2,926,605 | 2,232,187 | | 建築合約之應收保留金（附註 b ） | 732,127 | 732,750 | | | 3,658,732 | 2,964,937 | | 建築合約之應收保留金 | | | | 於一年內到期 | 310,406 | 105,903 | | 於一年後到期 | 421,721 | 626,847 | | | 732,127 | 732,750 | 於二零二二年一月一日，合約資產為2,895,100,000港元。 附註： (a) 計入合約資產之未發票據營業收入指本集團就已完成但尚未發票據之工程收取代價之權 利，原因是相關權利須待客戶對本 ...

Build King 中期報告 中期業績摘要 2 權益披露 6 簡明綜合財務報表審閱報告 11 簡明綜合財務狀況表 14 簡明綜合財務報表附註 18 利基控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（「本集團」）截至二零二三年六月三十日止六個月之 中期業績。 董事會宣佈派發截至二零二三年六月三十日止六個月之中期股息每股普通股 4 港仙（截至二零二二年六月三十日止六個月： 無）。 經營業績 期內，新投得合約的總額為8,100,000,000港元，其中包括七份樓宇建築合約及六份土木工程合約。我們對今年下半年可投 得更多大型項目，實現新合約總額達10,000,000,000港元的年度目標持樂觀態度。於本報告日期，未完成的合約工程總額 增加至27,000,000,000港元。 利基控股有限公司 | 二零二三年中期報告 3 於二零二三年六月三十日，本集團之變現資產為1,784,000,000港元（於二零二二年十二月三十一日：2,391,000,000 港元），包括按公平值計入損益之金融資產509,000,000港元（於二零二二年十二月三十一日：119,000,000港元）、存放 時到期日不少於三 ...

BUILD KING HOLDINGS LIMITED （利 基 控 股 有 限 公 司）* (於百慕達註冊成立之有限公司) (股份代號：00240) | --- | --- | |--------------------------------|--------------------| | | | | 財務表現摘要 | | | 每股權益 ** 增加百分比 | 5% | | 權益 | 2,197,000,000 港元 | | 每股權益 | 1.77 港元 | | 集團收入 | 5,974,000,000 港元 | | 本公司擁有人應佔溢利 | 250,000,000 港元 | | 每股中期股息 | 4 港仙 | | ** 權益指本公司擁有人應佔權益 | | 業績 利基控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司 （「本集團」）截至二零二三年六月三十日止六個月之未經審核中期業績，連同去年同 期之比較數字如下： | --- | --- | --- | |-------------------------------------------------------------------- ...

關愛我們的社區（續） 今年我們繼續向保良局長者中心捐贈了各種預防新冠病毒物資，以提醒他們注意健康及做好防疫措施。此外，我們亦於中秋 節來臨時將月餅派贈給長者們與親朋好友分享，以表達我們的關愛。 集團重視創新技術帶來的效用，認為能從中提高工地安全 表現及生產力，因此致力投放資源到新項目。集團大部份 項目正使用業內認可的創新設備，而部份項目團隊則自行 研發為其項目量身定制的創新設備及系統。集團已採用的 創新科技例子已於前面的環保及安全章節提及。 我們制定了「行為守則」和「申訴政策」，並要求全體員工遵守集團的政策。同時，我們定期為員工舉辦以誠信和反貪污為主題 的研討會。在二零二二年，共有 368名員工參與了相關研討會。我們相信這些措施能建立一個健全的系統，以防止於營運上 涉及任何貪污事件的風險。回顧本報告年度，集團並沒有發現任何關於集團或員工的貪污案件。 僱員及薪酬政策 於二零二二年十二月三十一日，本集團有3,390名僱員及截至二零二二年十二月三十一日止年度之總薪酬約為 1,560,000,000港元。本集團除按個人職責、資歷、經驗及表現設計一套具競爭力之薪酬待遇外，亦按本集團財務表現及員 工表現分派酌情花紅予員工 ...

Financial Performance - Total service revenue for 2022 was HKD 12,422,558, an increase from HKD 10,030,017 in 2021, representing a growth of approximately 23.9%[3] - Gross profit for 2022 reached HKD 980,900, up from HKD 739,603 in 2021, indicating a growth of about 32.6%[3] - Profit before tax increased to HKD 551,470 in 2022, compared to HKD 376,855 in 2021, reflecting a growth of approximately 46.2%[3] - Net profit for the year was HKD 429,166, a significant increase from HKD 291,891 in 2021, representing a growth of around 47.0%[3] - Basic earnings per share rose to HKD 0.35 in 2022, compared to HKD 0.237 in 2021, marking an increase of approximately 47.5%[3] - The total revenue for the year ended December 31, 2022, was HKD 12,422,558,000, compared to HKD 12,220,379,000 in 2021, reflecting an increase of approximately 1.65%[29] - The pre-tax profit for the year was HKD 551,470,000, showing a decrease from the previous year due to various factors including a reduction in investment income[28] - The total comprehensive income for the year was HKD 392 million, compared to HKD 304 million in 2021, representing an increase of approximately 28.8%[62] Equity and Liabilities - Total equity attributable to owners of the company increased to HKD 2,092,919 in 2022 from HKD 1,765,906 in 2021, a growth of about 18.5%[5] - The total liabilities increased to HKD 2,213,047 in 2022 from HKD 1,886,637 in 2021, reflecting an increase of approximately 17.3%[5] - The total liabilities decreased slightly to HKD 5,107,486,000 from HKD 5,239,555,000, reflecting improved financial management[29] - The capital debt ratio decreased to 15% as of December 31, 2022, down from 45% in 2021, indicating improved financial stability[51] - The total interest-bearing borrowings as of December 31, 2022, were HKD 313 million, a reduction from HKD 810 million in 2021, showing a decrease of approximately 61.3%[50] - The company reported total liabilities of HKD 3,988,095,000, with a significant portion due within one year[80] Dividends - The company proposed a final dividend of HKD 0.105 per share, up from HKD 0.06 per share in 2021, indicating a 75% increase in dividend payout[20] - Proposed final dividend is subject to shareholder approval at the upcoming annual general meeting, with a record date set for June 1, 2023[81] - The proposed final dividend for the year ended December 31, 2022, is HKD 0.105 per share, totaling approximately HKD 130,397,000, compared to HKD 0.06 per share and approximately HKD 74,513,000 for the year 2021[99] Expenses and Income - The company reported a decrease in administrative expenses to HKD 436,671 in 2022 from HKD 392,586 in 2021, a reduction of about 11.2%[3] - Investment and other income decreased to HKD 68,948 in 2022 from HKD 98,432 in 2021, representing a decline of approximately 30.0%[3] - The company’s investment income included dividends from financial assets at fair value through profit or loss, totaling HKD 877,000, down from HKD 2,321,000 in 2021[30] - The company’s financial costs amounted to HKD 17,061,000, which is a critical factor in the overall profit margin[28] - Financial costs decreased to HKD 17,061,000 in 2022 from HKD 19,014,000 in 2021, primarily due to lower bank borrowing costs[97] Assets and Receivables - Current assets increased to HKD 2,391,000,000 as of December 31, 2022, up from HKD 2,155,000,000 in 2021, with cash and bank balances rising to HKD 2,037,000,000 from HKD 1,755,000,000[39] - The company reported a significant increase in inventory, which rose to HKD 114,502,000 from HKD 36,426,000, indicating a strategic buildup of stock[29] - Trade receivables aged 0 to 60 days amounted to HKD 368,254,000 in 2022, slightly up from HKD 362,900,000 in 2021[101] - Trade receivables aged over 90 days were HKD 16,187,000 in 2022, compared to HKD 16,356,000 in 2021, indicating a slight decrease[101] - Other receivables remained stable at HKD 196,474,000 in 2022, compared to HKD 196,407,000 in 2021[101] - The company reported a total of HKD 705,039,000 in receivables for 2022, an increase from HKD 682,385,000 in 2021[101] Employment and Future Outlook - The group employed 3,390 staff with a total remuneration of approximately HKD 1,560 million for the year ended December 31, 2022[48] - The company anticipates a cautious optimism for achieving breakeven in 2023 as production resumes in more factories following the easing of pandemic restrictions[84] - The company is preparing for future bids in the construction market, particularly in major road and railway systems as outlined in the latest policy report[84] Meeting and Compliance - The company will hold its annual general meeting on May 24, 2023, with a cutoff for share transfer registration on May 18, 2023[106] - The company has not adopted new accounting standards that are yet to be effective, which may impact future financial reporting[26]