股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Chinney Alliance Group Limited 建聯集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00385 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | HKD | | 0.1 HKD | | 250,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,500,000,000 | HKD | | 0.1 H ...

Financial Performance - The company reported a revenue of HKD 1.2 billion for the fiscal year ending December 31, 2024, representing a year-over-year increase of 15%[12]. - The net profit for the same period was HKD 300 million, which is a 20% increase compared to the previous year[12]. - The company reported a revenue increase of 28.6% to HKD 7,692,000,000 for the fiscal year 2024, compared to HKD 5,982,000,000 in 2023[19]. - Net profit rose by 46.3% to HKD 82,500,000, up from HKD 56,400,000 in the previous year[19]. - Profit attributable to owners nearly doubled to HKD 50,700,000, compared to HKD 25,700,000 in 2023[19]. - Revenue increased by 17% to HKD 2,486,000,000 in the current year, compared to HKD 2,119,000,000 in the previous year, with operating profit at HKD 149,500,000[21]. - Revenue from Shun Cheong increased by 54% to HKD 3,485,000,000, achieving an operating profit of HKD 8,800,000, reversing a loss of HKD 15,000,000 from the previous year[23]. - The aviation division's revenue rose by 60% to HKD 490,000,000, with operating profit increasing over threefold to HKD 24,200,000[28]. - The trading division recorded revenue of HKD 513,000,000, up from HKD 406,000,000, and turned a loss of HKD 200,000 into an operating profit of HKD 10,300,000[29]. - The group reported a revenue of HKD 7,692,498,000 for the year ended December 31, 2024, representing an increase of 28.5% compared to HKD 5,981,640,000 in 2023[116]. - The profit for the year was HKD 82,500,000, up 46.1% from HKD 56,447,000 in the previous year[116]. Future Projections - The company has set a revenue guidance of HKD 1.5 billion for the next fiscal year, indicating a projected growth of 25%[12]. - New product launches are expected to contribute an additional HKD 200 million in revenue in the upcoming year[12]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2026[12]. Research and Development - Research and development expenses increased by 30%, totaling HKD 150 million, to support innovation in new technologies[12]. - The company is exploring new construction technologies and partnerships to reduce costs and improve future performance[26]. - The company recognizes the need to adapt to a technology-driven economy, with a focus on sectors such as alternative energy, electric vehicles, robotics, and precision medicine[33]. - The company has integrated technology-driven transformation into its growth strategy, focusing on areas such as aviation systems, robotics, and data centers[35]. Corporate Governance - The company is committed to achieving high standards of corporate governance, ensuring transparency and accountability to protect shareholder interests[60]. - The board consists of members with extensive experience in various sectors, enhancing the company's strategic oversight capabilities[54][55][56][57][58][59]. - The company has established three board committees: the Audit Committee, the Remuneration Committee, and the Nomination Committee, each executing specific roles to assist the board in monitoring senior management functions[62]. - The independent non-executive directors confirmed their independence in accordance with listing rules, ensuring unbiased judgment in board decisions[67]. - The board believes that the continuity of the chairman and managing director provides strong and consistent leadership for the company's operations[71]. - The company has established mechanisms to ensure the board receives independent insights and opinions, enhancing decision-making processes[67]. Market Conditions - The company emphasizes a stable operational environment but acknowledges increasing economic uncertainties[20]. - The board remains cautious about market conditions, emphasizing the importance of operational discipline and strategic adaptability for sustained performance[35]. Social Responsibility - The company actively engages in charitable activities across multiple regions, reflecting its commitment to social responsibility[51]. - The company has a focus on community involvement and has members actively participating in various educational and public service initiatives[44]. Shareholder Engagement - The board encourages shareholder participation in the annual general meeting, providing a platform for communication and feedback[97]. - Shareholders can request a special general meeting if they hold at least 10% of the voting rights[93]. - The company has established a shareholder communication policy to ensure timely disclosure of relevant information through various reports and announcements[96]. Financial Position - The total assets increased to HKD 6,081,014,000 as of December 31, 2024, compared to HKD 5,573,294,000 in 2023, reflecting a growth of 9.1%[117]. - The total liabilities rose to HKD 3,791,471,000, an increase of 15.5% from HKD 3,280,443,000 in 2023[117]. - The debt-to-equity ratio as of December 31, 2024, was 48.4%, up from 36.7% in 2023, indicating increased leverage[108]. - The group had cash and cash equivalents totaling HKD 1,043,000,000 at year-end, a slight decrease from HKD 1,071,000,000 in 2023[108]. - The company’s total equity remained relatively stable at HKD 2,289,543,000, slightly down from HKD 2,292,851,000 in the previous year[174]. Audit and Compliance - The independent auditor, Ernst & Young, has confirmed that the financial statements reflect the group's business condition and performance accurately[90]. - The audit committee has reviewed the internal control system, which is deemed reasonable and effective[89]. - The auditors aim to obtain reasonable assurance that the consolidated financial statements are free from material misstatement due to fraud or error[162]. - The audit process includes identifying and assessing risks of material misstatement and designing audit procedures to address these risks[164]. Subsidiaries and Operations - The company’s main business includes trading of plastic and chemical raw materials, construction services, and property development, with no significant changes in business nature this year[100]. - The group operates in various sectors including construction services for public and private institutions in Hong Kong and Macau, focusing on air conditioning and maintenance services[183]. - The company’s subsidiaries are primarily involved in property holding and development, HVAC system design, installation, and maintenance[188].

Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 7,692,498, an increase of 28.6% compared to HKD 5,981,640 in 2023[3] - Gross profit for the same period was HKD 757,011, up from HKD 660,259, reflecting a gross margin improvement[3] - The net profit for the year was HKD 82,500, representing a 46.1% increase from HKD 56,447 in 2023[3] - Basic and diluted earnings per share increased to HKD 0.085 from HKD 0.043, marking a 97.7% growth[3] - Total revenue for the year ended December 31, 2024, reached HKD 7,731,204,000, an increase from HKD 6,008,090,000 in the previous year, representing a growth of approximately 28.7%[11] - The pre-tax profit for the year was HKD 113,136,000, a significant increase from HKD 76,080,000 in the previous year, representing a growth of approximately 48.8%[11] - The company reported a total comprehensive income of HKD 26,864, down from HKD 67,769 in the previous year, primarily due to losses in other comprehensive income[4] - The company reported a loss of HKD 25,805,000 in the chemical raw materials segment, which is an improvement from the previous year's loss of HKD 19,338,000[14] - The company recorded revenue of HKD 7,692,000,000 for the year 2024, an increase of 28.5% compared to HKD 5,982,000,000 in 2023[33] - Net profit for the year 2024 was HKD 82,500,000, up from HKD 56,400,000 in 2023, representing a growth of 46.2%[33] Assets and Liabilities - Total assets decreased to HKD 6,081,014 from HKD 6,573,294, indicating a reduction in asset base[5] - Current assets increased to HKD 4,953,307 from HKD 4,295,521, showing a growth of 15.3%[5] - The total assets of the company as of December 31, 2024, were HKD 6,081,014,000, compared to HKD 5,981,640,000 in the previous year, reflecting a slight increase of approximately 1.7%[12] - The total liabilities decreased to HKD 3,791,471,000 from HKD 3,724,841,000, showing a reduction of about 1.8%[12] - Non-current liabilities decreased significantly to HKD 81,100 from HKD 133,937, indicating improved financial stability[6] - As of December 31, 2024, the total interest-bearing debt of the group was HKD 1,009,700,000, with over 99% classified as current liabilities[48] - The debt-to-equity ratio was 48.4% as of December 31, 2024, an increase from 36.7% as of December 31, 2023[48] Cash Flow and Financial Position - The company has maintained a strong liquidity position with net current assets of HKD 1,242,936, up from HKD 1,149,015[5] - The total cash and cash equivalents amounted to HKD 1,043,000,000 as of December 31, 2024, compared to HKD 1,071,000,000 as of December 31, 2023[48] - The group had unused bank and financial institution financing of HKD 2,370,000,000 available for operational and trade financing purposes[48] - The company incurred total financial expenses of HKD 54,409,000 in 2024, compared to HKD 38,255,000 in 2023, representing an increase of 42.3%[5] Revenue Segments - The sales to external customers in the plastic raw materials segment amounted to HKD 2,485,662,000, up from HKD 2,119,472,000, indicating a growth of about 17.3%[14] - The foundation piling and geological survey segment reported revenue of HKD 2,486,000,000, a 17% increase from HKD 2,119,000,000 in the previous year, with operating profit rising to HKD 149,500,000 from HKD 142,500,000[37] - The building services segment saw a revenue increase of 54% to HKD 3,485,000,000, recovering from a loss to achieve an operating profit of HKD 8,800,000 compared to a loss of HKD 15,000,000 last year[39] - The aviation segment experienced a 60% revenue increase to HKD 490,000,000, with operating profit growing over threefold to HKD 24,200,000 from HKD 6,200,000[44] - The trading segment for plastic and chemical raw materials recorded revenue of HKD 513,000,000, up from HKD 406,000,000, turning a loss of HKD 200,000 into an operating profit of HKD 10,300,000[45] Strategic Focus and Future Outlook - The company is focused on expanding its operations in the plastic and chemical raw materials trading sector, as well as construction services[10] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[11] - The company is exploring strategic diversification and potential acquisition opportunities to ensure sustainable growth amid a challenging market environment[37] - The company is optimistic about the sustainable growth of the building services segment, driven by significant public housing projects planned in Hong Kong[40] Corporate Governance and Management - The company has confirmed compliance with the corporate governance code, with some deviations noted regarding board meeting frequency[63] - The company acknowledges the contributions of its management and staff to its achievements over the past year[61] - The board consists of seven directors, including three executive directors and three independent non-executive directors[67] - The chairman of the board is Wang Chengwei[67] - The board includes non-executive director Hu Zhizhao[67] - The executive directors are Wang Chengwei, Chen Yuanqiang, and Lin Binglin[67] - Independent non-executive directors include Zhan Bole, Tang Jingxin, and Chen Zijun[67] - The composition of the board reflects a diverse governance structure[67] - The company is committed to transparency and accountability in its operations[67] Audit and Compliance - The audit committee has held regular meetings to review and oversee the financial reporting processes[64] - The company’s financial statements for the year ending December 31, 2024, have been reviewed by its auditor, Ernst & Young[65] Market Environment - Hong Kong's transition to "Hong Kong 4.0" aims to leverage technology-driven economic growth, focusing on sectors like alternative energy, electric vehicles, and robotics[58] - The company emphasizes the importance of adapting financial expertise to meet the needs of technology firms expanding beyond China[59] - The board remains cautious about future prospects due to market uncertainties, highlighting the importance of operational discipline and strategic adaptability for sustained performance[59] - The company has integrated technology into its growth strategy across various sectors, including aviation systems, robotics, and renewable energy[59] - The government is promoting coordination with mainland technology initiatives, which is seen as a positive sign for Hong Kong's future[59]

Financial Performance - The company reported a mid-term revenue of HKD 3,447,000,000, representing a 35% increase from HKD 2,539,000,000 in the same period last year[5]. - The net profit for the six months ending June 30, 2024, was HKD 35,600,000, compared to a net loss of HKD 48,600,000 in the previous year[5]. - The company reported revenue of HKD 3,446,519,000 for the six months ended June 30, 2024, representing a 35.8% increase from HKD 2,538,838,000 in the same period of 2023[24]. - Gross profit for the same period was HKD 372,519,000, up from HKD 248,595,000, indicating a significant improvement in profitability[24]. - The company achieved a profit before tax of HKD 46,861,000, compared to a loss of HKD 40,608,000 in the previous year[24]. - Net profit attributable to the company's owners was HKD 21,519,000, a recovery from a loss of HKD 59,751,000 in the prior year[24]. - The company reported a pre-tax profit of HKD 46,861,000 for the six months ended June 30, 2024, compared to a loss of HKD 40,608,000 in the same period last year[31]. - The group reported a pre-tax profit of 21,519,000 HKD for the six months ended June 30, 2024, compared to a loss of 59,751,000 HKD in the same period of 2023[65]. Revenue Breakdown - The foundation and geological investigation segment contributed revenue of HKD 1,102,000,000 and operating profit of HKD 65,300,000, up from HKD 1,021,000,000 and HKD 52,100,000 respectively in the previous year[8]. - The electrical and mechanical engineering segment generated revenue of HKD 1,510,000,000, an increase from HKD 861,000,000, but recorded an operating loss of HKD 13,600,000, improved from a loss of HKD 41,000,000[9]. - Revenue from construction services was HKD 3,125,482,000, up from HKD 2,284,723,000, indicating a growth of about 37%[48]. - Revenue from construction services was HKD 1,510,148,000, contributing significantly to the overall revenue, compared to HKD 861,092,000 in the previous year, marking an increase of about 75.5%[52]. - Revenue from plastic raw materials and chemical products was HKD 246,198,000, while revenue from geological survey services was HKD 1,102,053,000, highlighting diverse revenue streams[52]. Operational Efficiency - The management acknowledges the challenging economic outlook but remains committed to optimizing project execution and procurement processes to improve operational efficiency[9]. - The company plans to continue expanding its market presence and exploring new strategies for growth[23]. - New product development initiatives are underway, particularly in the construction and engineering sectors, aimed at enhancing service delivery and operational efficiency[49]. Financial Position - The company’s total assets as of June 30, 2024, were HKD 5,925,168,000, compared to HKD 5,573,294,000 as of December 31, 2023[26]. - The group’s interest-bearing debt totaled HKD 923.5 million as of June 30, 2024, up from HKD 773.6 million at the end of 2023, with a debt ratio of 43.8%[18]. - The total liabilities as of June 30, 2024, were HKD 3,630,951,000, compared to HKD 3,280,443,000 as of December 31, 2023, showing an increase of around 10.7%[46]. - The company’s total liabilities to assets ratio as of June 30, 2024, was approximately 61.3%, indicating a relatively high leverage position[46]. - The company’s cash and cash equivalents totaled HKD 1.0653 billion as of June 30, 2024, slightly down from HKD 1.071 billion at the end of 2023[18]. - The company’s cash and cash equivalents stood at HKD 1,065,265,000, slightly down from HKD 1,070,999,000 at the end of 2023[26]. Strategic Development - The company plans to expand its service portfolio and market share through strategic development of its subsidiaries, including Driltech's new offshore exploration contract[8]. - The company aims to diversify its capabilities to participate in a broader range of tenders, which is expected to yield significant benefits in the coming years[8]. - The company is focusing on enhancing workplace safety to reduce work-related accidents and is investing in talent, equipment, and facilities to strengthen its market position[8]. - The company is exploring new technologies such as zero-carbon, robotics, digitalization, and urban air transport to diversify its operations[14]. Dividend and Shareholder Information - The company has not declared an interim dividend for the six months ending June 30, 2024, consistent with the previous year[6]. - Major shareholder Wang Shih-Wing holds 438,334,216 shares, representing 73.68% of the issued share capital[91]. - The group did not declare an interim dividend for the six months ended June 30, 2024, consistent with the previous year[66]. Cash Flow and Investments - The company recorded a cash outflow from operating activities of HKD 113,717,000 for the six months ended June 30, 2024, compared to an inflow of HKD 81,090,000 in the previous year[31]. - The company reported a net cash outflow from investing activities of HKD 39,816,000 for the six months ended June 30, 2024, compared to HKD 75,496,000 in the same period of 2023, representing a decrease of approximately 47%[32]. - Financing activities generated a net cash inflow of HKD 148,981,000, up from HKD 94,074,000 in the previous year, indicating a growth of about 58%[32]. Management and Governance - The audit committee has reviewed the interim results for the six months ended June 30, 2024, which were unaudited[88]. - The company has complied with the corporate governance code as per the listing rules during the six months ended June 30, 2024, except for the specific provision B.2.2[87].

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 3,446,519 thousand, an increase of 12.1% compared to HKD 3,074,000 thousand in 2023[1] - Gross profit for the same period was HKD 372,519 thousand, up from HKD 248,595 thousand, reflecting a significant improvement in profitability[1] - The company reported a profit before tax of HKD 46,861 thousand, compared to a loss of HKD 40,608 thousand in the previous year[1] - Net profit for the period was HKD 35,594 thousand, a turnaround from a loss of HKD 48,604 thousand in 2023[1] - Basic and diluted earnings per share were HKD 3.6 cents, compared to a loss of HKD 10.0 cents per share in the prior year[1] - The company reported a total comprehensive income of HKD 31,538 thousand for the period, compared to a loss of HKD 54,129 thousand in the previous year[2] - Total revenue for the six months ended June 30, 2024, reached HKD 3,446,519,000, a significant increase from HKD 2,538,838,000 in the same period last year, representing a growth of approximately 35.8%[13] - Revenue from construction services amounted to HKD 3,125,482,000, up from HKD 2,284,723,000 year-over-year, indicating a growth of about 37%[13] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 4,660,696 thousand, an increase from HKD 4,295,521 thousand at the end of 2023[3] - Current liabilities totaled HKD 3,501,930 thousand, up from HKD 3,146,506 thousand at the end of 2023, indicating increased operational activity[3] - The company's net asset value was HKD 2,294,217 thousand, slightly up from HKD 2,292,851 thousand at the end of 2023[4] - Non-current liabilities decreased to HKD 129,021 thousand from HKD 133,937 thousand, reflecting improved financial management[4] - The total assets of the company as of June 30, 2024, were HKD 5,925,168,000, an increase from HKD 5,573,294,000 as of December 31, 2023[9][12] - The total liabilities stood at HKD 3,630,951,000 as of June 30, 2024, compared to HKD 3,280,443,000 at the end of December 2023, reflecting an increase of approximately 10.7%[9][12] - The company’s total liabilities increased by approximately 10.7% from HKD 3,280,443,000 to HKD 3,630,951,000 over the last six months[9][12] Operational Highlights - The company plans to continue expanding its market presence and investing in new technologies to enhance its service offerings and operational efficiency[8] - The company has a stable order book with 20 ongoing projects valued at approximately HKD 4,145,000,000 and 41 projects from its subsidiary valued at HKD 877,000,000 as of June 30, 2024[34] - The company is focusing on enhancing workplace safety and reducing work-related accidents as part of its operational strategy[33] - The group is exploring new innovative technologies such as zero-carbon, robotics, digitalization, and urban air mobility to diversify its operations[49] Employee and Expenses - The company’s employee benefit expenses, including directors' remuneration, rose to HKD 572,189,000 in 2024 from HKD 510,605,000 in 2023[18] - Total financial expenses increased to HKD 27,559,000 in 2024 from HKD 14,750,000 in 2023, primarily due to higher interest on bank loans and overdrafts[17] Dividends and Governance - The company did not declare an interim dividend for the six months ended June 30, 2024, consistent with the previous year[22] - The company has adopted the standard code of conduct for securities trading as per Appendix C3 of the listing rules, confirming compliance by all directors for the six-month period ending June 30, 2024[51] - The company believes it has complied with all relevant provisions of the corporate governance code, except for provision B.2.2, which requires directors to retire at least once every three years[52] - At each annual general meeting, one-third of the directors must retire, but the chairman and/or managing director are exempt from this requirement to ensure consistent leadership[53] - The audit committee has held regular meetings since its establishment, with at least two meetings annually to review and supervise the financial reporting process and internal controls[54] Challenges and Market Conditions - The group is facing challenges in the Hong Kong economy, particularly in the real estate sector, which remains weak with declining rental prices[48] - The group anticipates a potential decrease in borrowing costs due to expected interest rate cuts by the US Federal Reserve, which may provide relief to various sectors of the Hong Kong economy[48]

Financial Performance - The company reported a revenue of HKD 1.2 billion for the fiscal year ending December 31, 2023, representing a year-over-year increase of 15%[10]. - The net profit for the same period was HKD 250 million, which is a 20% increase compared to the previous year[10]. - The company reported revenue of HKD 5,982,000,000 for 2023, a slight increase from HKD 5,898,000,000 in 2022, while net profit rose to HKD 56,400,000 from HKD 14,300,000 in the previous year[21]. - Profit attributable to shareholders was HKD 25,700,000, compared to a loss of HKD 10,200,000 in 2022, indicating a significant turnaround in performance[21]. - The company reported a significant increase in revenue, achieving a total of HKD 70 billion for the fiscal year, representing a growth of 15% year-over-year[34]. - The company reported a net profit margin of 18%, which is an improvement from 15% in the previous year, indicating better cost management[34]. - The company reported a profit of HKD 25,734,000 for the year, compared to a loss of HKD 10,197,000 in the previous year, indicating a significant turnaround[195]. - The total comprehensive income for the year was HKD 35,506,000, compared to HKD 19,129,000 in 2022, representing an increase of approximately 85.5%[195]. User Growth and Market Expansion - User data showed a growth in active users by 30%, reaching a total of 500,000 users by the end of 2023[10]. - User data indicates a rise in active users by 25%, reaching a total of 1.5 million users, which reflects the company's successful engagement strategies[34]. - The company is expanding its market presence in Southeast Asia, with plans to open three new offices by mid-2024[10]. - The company is expanding its market presence in Southeast Asia, targeting a 20% market share within the next two years[34]. Future Projections - The company has projected a revenue growth of 10% for the upcoming fiscal year, targeting HKD 1.32 billion[10]. - The company has provided guidance for the next fiscal year, projecting a revenue increase of 10% to 12%, aiming for a target of HKD 77 billion[34]. - New product launches are expected to contribute an additional HKD 100 million in revenue in 2024[10]. - New product launches are expected to contribute an additional HKD 5 billion in revenue, with a focus on innovative technology solutions[34]. Corporate Governance - The company is committed to adhering to the corporate governance standards set by the Hong Kong Stock Exchange[14]. - The board currently consists of seven directors, including three executive directors and three independent non-executive directors[19]. - The company has established a policy for the remuneration of independent non-executive directors, ensuring transparency and fairness[19]. - The board consists of three executive directors, one non-executive director, and three independent non-executive directors, ensuring a balanced governance structure[59]. - The board believes that the continuity of the chairman and managing director provides strong and consistent leadership for the group[66]. - The company emphasizes a commitment to high standards of corporate governance, ensuring transparency and accountability to protect shareholder interests[56]. Research and Development - Research and development expenses increased by 25%, totaling HKD 50 million, to support innovation initiatives[10]. - The company has invested HKD 1 billion in research and development for new technologies, aiming to improve efficiency and product offerings[34]. - The company is exploring opportunities in zero-carbon technologies, robotics, digitalization, electrification infrastructure, and urban air mobility to broaden its expertise and service offerings[25]. Dividends and Shareholder Returns - A dividend of HKD 0.10 per share was declared for the fiscal year, reflecting a payout ratio of 40%[10]. - The board of directors has approved a dividend payout of HKD 0.50 per share, reflecting confidence in the company's financial health[34]. - The company has adopted a dividend policy that considers sufficient cash reserves for operational needs and future business growth, with no guarantee of specific dividend payments[89]. Challenges and Market Conditions - The outlook for 2024 remains cautious due to ongoing geopolitical tensions and high borrowing costs, with expectations of continued inflationary pressures[24]. - The real estate market in China remains stagnant, with high unemployment rates, particularly among youth, posing ongoing challenges[24]. - The company’s management remains cautiously optimistic about sustainable performance in the future, despite a challenging industry environment[26]. Operational Efficiency - The company plans to implement a new technology platform aimed at improving operational efficiency, projected to reduce costs by 15%[10]. - The company has arranged liability insurance for directors and senior management to protect their interests[62]. - The company is committed to improving project execution planning and procurement processes to enhance operational efficiency and project profitability amid various challenges[111]. Financial Position and Assets - Total assets as of December 31, 2023, amounted to HKD 5,573,294,000, up from HKD 4,835,896,000 in 2022[131]. - Total liabilities increased to HKD 3,280,443,000 from HKD 2,583,319,000 in 2022[131]. - The total amount of uncompleted contracts in the building construction segment was approximately HKD 1.885 billion as of December 31, 2023[114]. - The group had cash and cash equivalents totaling HKD 1.071 billion as of December 31, 2023, up from HKD 760.7 million in 2022[120].

Financial Performance - The company's revenue for the year ended December 31, 2023, was HKD 5,981,640, an increase of 1.4% compared to HKD 5,898,359 in 2022[3]. - Gross profit for the same period was HKD 660,259, representing a 15.9% increase from HKD 569,519 in 2022[3]. - The net profit for the year was HKD 56,447, a significant increase from HKD 14,286 in 2022, marking a growth of 296.5%[3][4]. - Basic and diluted earnings per share for the year were HKD 0.043, compared to a loss of HKD 0.017 in the previous year[3]. - Total comprehensive income for the year was HKD 67,769, compared to HKD 7,089 in 2022, indicating a substantial increase[4]. - Total revenue for the year ended December 31, 2023, reached HKD 6,003,016,000, a slight decrease from HKD 5,901,685,000 in the previous year, representing a year-over-year decline of approximately 0.2%[14]. - The company reported a pre-tax profit of HKD 76,080,000 for the year, a significant increase from HKD 36,762,000 in the prior year, reflecting a growth of 106.5%[14][17]. - Other income for 2023 totaled HKD 25,942,000, a substantial increase from HKD 6,277,000 in 2022, reflecting a growth of approximately 313.5%[27]. - The effective tax expense for 2023 was HKD 19,633,000, compared to HKD 22,476,000 in 2022, indicating a decrease of about 12.3%[31]. Assets and Liabilities - The company's total assets as of December 31, 2023, were HKD 4,573,294, compared to HKD 4,835,896 in 2022, reflecting a decrease of 5.4%[6][7]. - Current assets increased to HKD 4,295,521 from HKD 3,551,678, showing a growth of 20.9%[6]. - The company's cash and cash equivalents rose to HKD 1,070,999, up from HKD 760,662, an increase of 40.7%[6]. - Non-current liabilities decreased slightly to HKD 133,937 from HKD 139,476, a reduction of 4.0%[7]. - The equity attributable to the company's owners increased to HKD 2,105,830 from HKD 2,085,196, reflecting a growth of 1.0%[7]. - Total assets as of December 31, 2023, were HKD 5,573,294,000, compared to HKD 4,835,896,000 in the previous year, marking an increase of approximately 15.3%[16][19]. - The total liabilities increased to HKD 3,280,443,000 from HKD 2,583,319,000, representing a rise of about 27.0% year-over-year[16][19]. - Total interest-bearing debt at the end of the reporting period was HKD 773,600,000, an increase from HKD 539,500,000 as of December 31, 2022[61]. - Current liabilities accounted for 93.3% of total interest-bearing debt, up from 90.3% as of December 31, 2022[61]. - The debt-to-equity ratio increased to 36.7% from 25.9% as of December 31, 2022[61]. Revenue Breakdown - Sales to external customers in the chemical materials segment amounted to HKD 2,262,239,000, while the building construction segment generated HKD 2,119,472,000, indicating a decrease of 3.7% and an increase of 17.6% respectively compared to the previous year[14]. - Revenue from Hong Kong increased to HKD 5,672,521,000 in 2023 from HKD 5,070,852,000 in 2022, marking a growth of about 11.9%[23]. - Revenue from mainland China and Macau significantly decreased to HKD 309,119,000 in 2023 from HKD 827,507,000 in 2022, a decline of approximately 62.7%[23]. - The company generated approximately HKD 1,033,314,000 from a major customer, accounting for over 10% of total revenue[21]. - The company reported a decrease in sales in the plastic raw materials segment, which totaled HKD 405,870,000, down from HKD 450,592,000, a decline of approximately 9.9%[14][17]. - The foundation and geological investigation segment contributed revenue of HKD 2,119,000,000, up from HKD 1,801,000,000, with an operating profit of HKD 142,500,000 compared to HKD 116,200,000 last year[47]. - The revenue for the drilling subsidiary, Drilling Co., was HKD 406 million in 2023, down from HKD 451 million in 2022, with a small operating loss of HKD 200,000 compared to a profit of HKD 7.6 million in the previous year[53]. - The construction segment contributed revenue of HKD 888 million in 2023, a decrease from HKD 948 million in 2022, but improved operating profit of HKD 11 million compared to a loss of HKD 21.4 million in the prior year[56]. - The electrical and mechanical group reported revenue of HKD 2.262 billion in 2023, down from HKD 2.349 billion in 2022, with an operating loss of HKD 15 million compared to a profit of HKD 11.5 million in the previous year[54]. - The aviation segment recorded revenue of HKD 306 million in 2023, down from HKD 350 million in 2022, with operating profit decreasing to HKD 6.2 million from HKD 7.4 million[58]. Operational Insights - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[14]. - The company plans to declare a final dividend of HKD 0.025 per share, consistent with the previous year's dividend[43]. - The company is investing in talent development through the establishment of a training academy aimed at nurturing the next generation of professionals in the foundation industry[48]. - The overall outlook for the foundation industry remains positive due to government investments in infrastructure and increased public housing supply[48]. - The construction segment anticipates a strong performance in the coming years due to the approval of several large non-residential projects in Hong Kong[56]. - The company plans to enhance information technology and office automation to improve productivity and efficiency in the new fiscal year[51]. - The environmental, social, and governance (ESG) committee has been established to oversee carbon emissions reporting and employee welfare initiatives[51]. - The company aims to diversify its revenue sources by exploring new opportunities in core business areas and expanding into green plastic products and health-related items[53]. - The company maintains strict monitoring of overdue receivables, with overdue balances reviewed regularly by senior management[35]. Financial Management - The company's pre-tax profit for 2023 was impacted by a cost of sales amounting to HKD 459,672,000 for inventory and HKD 4,861,709,000 for service provision[30]. - Total financial expenses increased to HKD 38,255,000 in 2023 from HKD 18,701,000 in 2022, representing an increase of approximately 104.1%[29]. - The company reported a significant impairment loss of HKD 10,265,000 on contract assets in 2023, which was not present in 2022[30]. - The depreciation expense for property, plant, and equipment (excluding right-of-use assets) was HKD 85,025,000 in 2023, slightly down from HKD 85,868,000 in 2022[30]. - Trade receivables decreased to HKD 777,088,000 from HKD 814,871,000 year-on-year, with a provision for impairment of HKD 10,532,000[35]. - Trade payables increased to HKD 624,176,000 from HKD 429,320,000, reflecting a rise in operational liabilities[40]. Governance and Compliance - The company has adopted the standard code of conduct for securities trading as per the listing rules, confirming compliance for the year ending December 31, 2023[77]. - The board held two regular meetings during the year, deviating from the corporate governance code which requires at least four meetings annually[78]. - The audit committee has met regularly and reviewed the financial reporting procedures and content for the year ending December 31, 2023[80]. - The company's auditor, Ernst & Young, has agreed on the figures presented in the preliminary performance announcement for the year ending December 31, 2023[81]. - There were no purchases, sales, or redemptions of the company's listed shares by the company or its subsidiaries during the year[82]. Future Outlook - The outlook for 2024 indicates a challenging environment with rising borrowing costs and intense competition, but the group remains cautiously optimistic about sustainable performance[71][74]. - The group is actively exploring opportunities in zero-carbon technologies, robotics, digitalization, electrification infrastructure, and urban air mobility[73]. - The group has a substantial undrawn financing amounting to HKD 2,701,000,000 available for operational and trade financing[61]. - The group employed approximately 1,830 employees as of December 31, 2023, with annual salary reviews based on market rates and individual performance[67]. - The group confirmed revenue of HKD 4,414,000 from a construction framework agreement during the fiscal year[68]. - Revenue of HKD 48,268,000 was confirmed from renovation framework agreements during the fiscal year[70].

Financial Performance - The company reported revenue of HKD 2,539,000,000 for the six months ended June 30, 2023, a decrease of 11.1% compared to HKD 2,855,000,000 in the same period of 2022[9]. - The company recorded a net loss of HKD 48,600,000, marking its first mid-term loss since 2006, compared to a net profit of HKD 14,500,000 in 2022[9]. - Revenue for the six months ended June 30, 2023, was HKD 2,538,838,000, a decrease of 11.0% compared to HKD 2,854,620,000 in the same period of 2022[38]. - Gross profit for the same period was HKD 248,595,000, down 18.5% from HKD 305,122,000 year-on-year[38]. - The company reported a loss before tax of HKD 40,608,000, compared to a profit of HKD 32,264,000 in the previous year[38]. - The net loss for the period was HKD 48,604,000, a significant decline from a profit of HKD 14,464,000 in the prior year[40]. - The group reported a pre-tax loss of HKD 59,751,000 for the six months ended June 30, 2023, compared to a profit of HKD 5,407,000 for the same period in 2022[85]. - The company reported a total comprehensive loss of HKD 65,276,000 for the period, compared to a profit of HKD 14,464,000 in the previous year[47]. Revenue Segmentation - The foundation and geological investigation segment contributed revenue of HKD 1,021,000,000, an increase of 20% from HKD 852,000,000 in the previous year, with operating profit rising to HKD 52,100,000 from HKD 44,000,000[11]. - The revenue from the plastic and chemical products trading segment was HKD 175,000,000, down from HKD 262,000,000 in 2022, resulting in an operating loss of HKD 5,800,000 compared to a profit of HKD 10,400,000 in the previous year[17]. - The HVAC installation and maintenance segment generated revenue of HKD 861,000,000, a decrease from HKD 1,161,000,000 in 2022, with an operating loss of HKD 41,000,000 compared to a profit of HKD 12,900,000 in the prior year[19]. - The revenue from the building construction segment was HKD 376,000,000, down from HKD 410,000,000 in 2022, with an operating loss of HKD 21,100,000 compared to a loss of HKD 12,900,000 in the previous year[20]. - The aviation segment recorded revenue of HKD 105,000,000, down from HKD 170,000,000 in 2022, with a slight operating loss of HKD 200,000 compared to a profit of HKD 800,000 in the prior year[21]. - The revenue breakdown includes sales from plastic raw materials and chemical products at HKD 175,271,000, building-related contracting services at HKD 861,092,000, and foundation piling and construction engineering at HKD 1,021,351,000[58]. Cost Management and Operational Strategy - The company plans to maintain strict cost control to sustain profit margins amid rising operational costs[11]. - The company is actively exploring new growth opportunities in civil engineering and roadworks through its subsidiary, aiming to diversify revenue sources[14]. - The company has successfully expanded its laboratory testing business, gaining a competitive edge through certifications[14]. - The board is closely monitoring operational performance to ensure better results in the future, despite the challenging market conditions[34]. Debt and Financial Position - As of June 30, 2023, the total interest-bearing debt was HKD 641,700,000, up from HKD 539,500,000 at the end of 2022, with a debt ratio of 32.0% compared to 25.9% previously[24]. - The group had cash and cash equivalents totaling HKD 860,800,000 as of June 30, 2023, compared to HKD 760,700,000 at the end of 2022[24]. - The group has unutilized bank and financial institution credit facilities amounting to HKD 2,644,000,000 for operational funding and trade financing[24]. - Total liabilities increased to HKD 2,776,289,000 from HKD 2,443,843,000, representing a rise of 13.6%[44]. - The net asset value decreased to HKD 2,170,953,000 from HKD 2,252,577,000, a decline of 3.6%[44]. - The company’s interest expenses rose to HKD 16,018,000 from HKD 8,359,000 year-over-year[49]. Employee and Social Responsibility - The group employed approximately 1,740 employees as of June 30, 2023, with annual salary reviews based on market rates and individual performance[29]. - The group plans to establish scholarships for educational institutions and support NGOs to enhance its commitment to social responsibility[15]. Market Conditions and Economic Outlook - The construction industry is experiencing growth due to the Hong Kong government's long-term investment commitments, despite challenges such as inflation and labor shortages[12]. - The unemployment rate in Hong Kong decreased to 2.8% during the period from April to June 2023, down from 2.9% in the previous quarter[33]. - The Hong Kong government forecasts overall economic growth for 2023 to be between 4.0% and 5.0%, driven primarily by inbound tourism and private consumption[33]. Shareholder Information and Governance - The company’s major shareholder, Dr. Wang Shih-Wing, holds 438,334,216 shares, representing 73.68% of the issued share capital[119]. - Lucky Year Finance Limited and other associated entities collectively hold 173,093,695 shares, accounting for 29.10% of the issued share capital[119]. - The company confirmed compliance with the corporate governance code during the reporting period[111]. - The audit committee reviewed the interim results for the six months ended June 30, 2023, which were unaudited but had been reviewed[112].

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之任何損失承擔任何責任。 * （於百慕達註冊成立之有限公司） （股份代號：385） 截至二零二三年六月三十日止六個月中期業績公佈 建聯集團有限公司（「本公司」）之董事會（「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簡明綜合損益表及未經 審核簡明綜合全面收益表，以及本集團於二零二三年六月三十日之未經審核簡明 綜合財務狀況表，連同二零二二年之比較數字如下： 簡明綜合損益表 截至六月三十日止六個月 二零二三年 二零二二年 （未經審核） （未經審核） 附註 千港元 千港元 收入 3 2,538,838 2,854,620 銷售╱提供服務成本 (2,290,243) (2,549,498) 毛利 248,595 305,122 其他收入 3 8,721 785 銷售及分銷成本 (7,343) (11,759) 行政費用 (274,767) (260,415) 其他經營收益╱（開支）淨額 4 ...

Financial Performance - The company reported a significant increase in revenue for the fiscal year ending December 31, 2022, with total revenue reaching HKD 1.5 billion, representing a year-over-year growth of 15%[13]. - The company recorded revenue of HKD 5,898,000,000, a decrease from HKD 6,800,000,000 in the previous year, with a net profit of HKD 14,300,000 compared to HKD 94,400,000 last year[24]. - The loss attributable to shareholders was HKD 10,200,000, contrasting with a profit of HKD 77,400,000 in the previous year[24]. - The group experienced a 12% decline in gross profit, influenced by a non-cash impairment of HKD 36,000,000 related to properties held for sale[24]. - The company reported a net profit margin of 18%, reflecting improved operational efficiency[52]. - The profit for the year was HKD 14,286,000, down from HKD 94,370,000 in the previous year, representing a decline of about 84.8%[127]. - Total revenue for the year ended December 31, 2022, was HKD 5,898,359, a decrease of 13.3% from HKD 6,799,821 in 2021[184]. - Gross profit for 2022 was HKD 569,519, down 11.9% from HKD 646,559 in the previous year[184]. - Basic and diluted earnings per share were (1.7) HKD cents, compared to 13.0 HKD cents in 2021[185]. User Growth and Market Expansion - User data showed a 20% increase in active users, reaching a total of 500,000 users by the end of 2022[13]. - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[13]. - Market expansion plans include entering two new international markets by the end of the next fiscal year[52]. Strategic Initiatives - The company provided guidance for the upcoming fiscal year, projecting a revenue growth of 10% to 12%, aiming for a total revenue between HKD 1.65 billion and HKD 1.68 billion[13]. - New product launches are expected to contribute an additional HKD 200 million in revenue, with a focus on innovative technology solutions[13]. - The company plans to implement cost-saving measures aimed at reducing operational expenses by 5% in the next fiscal year[13]. - The company plans to expand its product range by introducing more green plastic products and exploring new health products to seek growth[35]. - The company is considering strategic acquisitions to enhance its market position, with a budget of $30 million for potential acquisitions[52]. Corporate Governance - The company has a strong commitment to corporate governance, ensuring transparency and accountability to protect shareholder interests[73]. - The board consists of four executive directors and four independent non-executive directors, overseeing business operations and stakeholder value[76]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, to assist in monitoring senior management functions[75]. - The company has adopted a diversity policy for board members, considering various factors such as gender and professional experience[89]. - The company arranged liability insurance for directors and senior management to protect their interests[79]. Financial Stability - The management emphasized a strong balance sheet with total assets of HKD 3 billion and a debt-to-equity ratio of 0.5, indicating financial stability[13]. - The total interest-bearing debt of the group as of December 31, 2022, was HKD 539.5 million, a decrease from HKD 551.7 million as of December 31, 2021[118]. - The current liabilities accounted for 90.3% of all interest-bearing debts, compared to 89.5% in the previous year[118]. - The group's cash and cash equivalents totaled HKD 760.7 million as of December 31, 2022, up from HKD 648.8 million a year earlier[118]. - The debt-to-equity ratio was 25.9% as of December 31, 2022, slightly down from 26.0% in the previous year[118]. Research and Development - Research and development expenditures increased by 30% to HKD 150 million, focusing on sustainable technologies and product enhancements[13]. - The company is investing in new technology development, allocating $10 million for R&D in the next fiscal year[52]. Shareholder Returns - The company declared a final dividend of HKD 0.10 per share, reflecting a commitment to returning value to shareholders[13]. - Shareholder returns are expected to increase, with a proposed dividend of $0.50 per share, up from $0.40 last year[52]. - The proposed final dividend for the year ended December 31, 2022, is HKD 0.025 per share, down from HKD 0.0275 per share in 2021[114].