Financial Performance - For the nine months ended September 30, 2022, the group's unaudited revenue was approximately HKD 5,106,932,000, representing a 35.4% increase from HKD 3,768,519,000 for the same period in 2021[2] - The operating profit for the same period was approximately HKD 484,431,000, up from HKD 345,654,000 in 2021, indicating a growth of 40.1%[2] Contractual Metrics - The total new contracts signed by the group amounted to approximately HKD 8.071 billion as of September 30, 2022[3] - As of September 30, 2022, the group had an uncompleted contract value of approximately HKD 13.861 billion[3]

Financial Performance - For the six months ending June 30, 2022, the company reported a revenue of HKD 3.806 billion, representing a year-on-year growth of 40.8%[8] - The profit attributable to shareholders for the same period was HKD 322 million, an increase of 42.5% year-on-year[8] - Earnings per share reached HKD 0.149, reflecting a year-on-year growth of 42.2%[8] - The total revenue for the six months ended June 30, 2022, was HKD 3.806 billion, an increase of 40.8% compared to HKD 2.703 billion for the same period last year[17] - The profit attributable to the owners of the company was HKD 322 million, up 42.5% from HKD 226 million year-on-year[17] - The basic earnings per share increased to HKD 0.149 from HKD 0.1048, reflecting a growth of 42.2%[17] - The gross profit for the six months ended June 30, 2022, was HKD 535,659,000, compared to HKD 381,088,000 in the same period of 2021, reflecting an increase of approximately 40.7%[31] - The net profit for the period was HKD 317,815,000, compared to HKD 221,588,000 in the previous year, indicating a growth of approximately 43.4%[32] - Pre-tax profit for the six months ended June 30, 2022, was HKD 321,763,000, up from HKD 225,803,000 in the same period of 2021, representing a growth of 42.4%[50] - Basic and diluted earnings per share for the six months ended June 30, 2022, were 14.90 HK cents, compared to 10.48 HK cents for the same period in 2021, reflecting an increase of 42.9%[50] Dividends and Share Capital - The company announced an interim dividend of HKD 0.041 per share, considering its profit situation and cash flow levels[8] - The company declared an interim dividend of 4.1 HK cents per share for the six months ended June 30, 2022, compared to 3 HK cents per share for the same period in 2021, representing a 36.7% increase[49] - The total issued share capital increased to 2,255,545,000 shares as of June 30, 2022, from 2,155,545,000 shares at the end of 2021[62] - The company raised approximately HKD 219,000,000 from the issuance of 100,000,000 shares at HKD 2.20 each on June 24, 2022[62] Project and Market Development - The company secured multiple high-end curtain wall projects in mainland China, including the OPPO Chang'an R&D Center and the World Meteorological Center projects[10] - The company emphasized technological innovation, enhancing its core competitiveness with advanced glass curtain wall technology and automated production lines[10] - The company is actively responding to national "dual carbon" goals by developing BIPV and MIC curtain wall systems to support green building initiatives[10] - The company maintained its leading position in the Hong Kong curtain wall market, winning several large residential and commercial projects[10] - The construction general contracting business is progressing steadily, with new contracts awarded for various projects, including the Wong Chuk Hang Station Phase 4 residential project[11] - The company is focusing on expanding its market share in the Hong Kong and Macau regions while implementing a differentiated strategy in the mainland market[9] Financial Position and Assets - The company's total assets as of June 30, 2022, were HKD 9,699,171,000, up from HKD 8,809,629,000 as of December 31, 2021, indicating a growth of about 10.0%[33] - The company's equity attributable to shareholders increased to HKD 2,152,000,000 as of June 30, 2022, from HKD 1,671,000,000 as of December 31, 2021, marking a rise of about 28.7%[28] - The total new contract value signed was HKD 6.009 billion, achieving 60.1% of the annual target of at least HKD 10 billion[23] - The total contract value on hand was approximately HKD 23.911 billion, with uncompleted contracts amounting to HKD 13.013 billion[23] Expenses and Liabilities - Administrative, sales, and other operating expenses rose to HKD 162 million, up from HKD 92 million in the previous year[21] - The net gearing ratio as of June 30, 2022, was approximately 31.4%, compared to 25.6% at the end of the previous year[25] - The company reported a decrease in non-current liabilities, with total non-current liabilities at HKD 701,543,000, down from HKD 766,736,000 in the previous year[34] - Bank loans amounted to HKD 1,458,821,000 as of June 30, 2022, an increase of 9.4% from HKD 1,333,156,000 as of December 31, 2021[59] - The average interest rate on bank loans increased to 2.45% as of June 30, 2022, compared to 2.03% as of December 31, 2021[60] - Trade payables and other payables totaled HKD 2,624,968,000 as of June 30, 2022, up 26.6% from HKD 2,072,159,000 as of December 31, 2021[61] Employee and Operational Metrics - The company employed a total of 5,018 employees as of June 30, 2022, an increase from 4,434 employees as of December 31, 2021, representing a growth of approximately 13.2%[30] - The operating management segment's revenue increased to HKD 602 million, up from HKD 561 million year-on-year[20] - The operating management segment generated revenue of HKD 601,915,000, compared to HKD 561,209,000 in the prior year, reflecting an increase of approximately 7.3%[41] Compliance and Governance - The company has complied with all provisions of the Corporate Governance Code as set out in the Listing Rules during the reporting period[75] - A review of the unaudited condensed consolidated financial statements for the six months ending June 30, 2022, was conducted by a committee of three independent non-executive directors[77] - The company has adopted the Standard Code for Securities Transactions by Directors as its disciplinary code for securities transactions[76] - There have been no changes in the information of directors that require disclosure under the Listing Rules since the date of the last annual report[78]

Revenue Performance - For the three months ended March 31, 2022, the group's unaudited revenue was approximately HKD 1,321,303,000, representing an increase of 24.7% compared to HKD 1,059,533,000 for the same period in 2021[2] Profitability - The operating profit for the same period was approximately HKD 244,429,000, up 35.3% from HKD 180,638,000 in the previous year[2] Contractual Performance - The total new contracts signed by the group amounted to approximately HKD 3.046 billion for the three months ended March 31, 2022[3] - As of March 31, 2022, the group's uncompleted contract amount was approximately HKD 12.635 billion[3]

Financial Performance - For the fiscal year ending December 31, 2021, the company reported a revenue of HKD 6,294.83 million, representing a growth of 38.8% compared to HKD 4,535.66 million in 2020[9]. - The net profit attributable to shareholders for 2021 was HKD 291.98 million, an increase of 50.2% from HKD 194.34 million in 2020[9]. - The total assets of the company reached HKD 8,809.63 million in 2021, up from HKD 7,388.90 million in 2020, indicating a growth of 19.2%[9]. - The return on equity for 2021 was 18.2%, an increase from 13.9% in 2020[9]. - The company achieved a revenue of HKD 6.295 billion for the year, representing a growth of 38.8% compared to the previous year[33]. - Shareholders' profit attributable to the company was HKD 292 million, an increase of 50.2% year-on-year[33]. - Earnings per share reached HKD 0.1355, reflecting a 50.2% increase compared to the end of the previous year[33]. - The company recorded total revenue of HKD 6.295 billion for the year ended December 31, 2021, representing a 38.8% increase from HKD 4.536 billion in 2020[46]. - The profit attributable to shareholders was HKD 292 million, up 50.2% from HKD 194 million in the previous year[46]. - The earnings per share increased to HKD 0.1355, a 50.2% rise compared to HKD 0.0902 in 2020[46]. - The company reported a significant increase in revenue, achieving a total of $X million, representing a Y% growth compared to the previous year[62]. - The company reported a net profit of HKD 291,976,000 for the year, compared to a loss of HKD 8,069,000 the previous year, indicating a significant turnaround in performance[169]. - Total comprehensive income for the year reached HKD 390,402,000, up from HKD 382,868,000 in the prior year, reflecting a stable growth trajectory[169]. Dividends and Shareholder Returns - The company announced a mid-year dividend of HKD 0.047 per share, reflecting a significant increase from HKD 0.03 per share in the previous year[19]. - The company plans to distribute a final dividend of HKD 0.017 per share, considering its profitability and cash flow[33]. - The group reported a total dividend payout of HKD 101,310,000 for the year, with a total annual dividend of HKD 0.047 per share, including an interim dividend of HKD 0.03 and a proposed final dividend of HKD 0.017[101]. - The company paid dividends totaling HKD 129,332,000 during the year, reflecting a commitment to returning value to shareholders[172]. Business Operations and Projects - The company secured a record residential project contract in Hong Kong worth HKD 580 million, marking the highest contract value in its history[19]. - The company completed over 310 overseas projects, establishing a strong competitive position in the global market[18]. - The company achieved a significant milestone by completing 140,000 square meters of curtain wall installation for the Shenzhen International Hotel project in just 100 days[21]. - New contract signings for curtain wall projects in Hong Kong and mainland China reached a historical high during the year[35]. - The company is actively developing high-end curtain wall projects to leverage its brand effect[35]. - The company secured multiple high-profile projects in mainland China, including contracts with OPPO and Huawei, contributing to a record high in new contracts signed[36]. - The company is focused on expanding its market presence in Hong Kong and mainland China while reducing overseas operations[33]. - The total new contract value signed was HKD 8,208 million for the year, achieving the annual target[51]. - The total backlog of contracts as of December 31, 2021, was approximately HKD 18,715 million, with unfinished contracts amounting to HKD 10,850 million[51]. Financial Position and Assets - Cash and cash equivalents increased to HKD 928 million as of December 31, 2021, compared to HKD 858 million in 2020[53]. - The net debt-to-equity ratio was approximately 25.6% as of December 31, 2021, up from 15.4% in 2020[54]. - The company’s equity attributable to shareholders increased to HKD 1,670,735 thousand in 2021 from HKD 1,403,019 thousand in 2020, reflecting a stronger financial position[166]. - The company’s total assets increased to HKD 1,670,735,000 as of December 31, 2021, compared to HKD 1,585,058,000 at the end of the previous year, indicating growth in asset base[169]. - Trade receivables net value amounted to HKD 1.413 billion, and contract assets were HKD 2.450 billion, representing 44% of the group's total assets[154]. Governance and Compliance - The company has adopted the Corporate Governance Code as per the Hong Kong Stock Exchange's Listing Rules, ensuring high standards of corporate governance[73]. - The board consists of seven directors, including two executive directors, two non-executive directors, and three independent non-executive directors, complying with the requirement of at least one-third independent directors[74]. - The company emphasizes the importance of having sufficient time for each board member to effectively fulfill their duties[78]. - The board is responsible for approving the group's financial statements, dividends, external financing, and significant acquisitions or disposals[74]. - Independent non-executive directors contribute to the board by providing independent and objective judgment, ensuring the integrity of financial information and robust risk management systems[76]. - The company has established internal controls and approval processes to monitor compliance with applicable laws and regulations[107]. - The company has complied with all relevant laws and regulations throughout the fiscal year ending December 31, 2021, ensuring adherence to legal requirements in all significant aspects[107]. Risk Management - The company has established a risk management framework that includes multiple approval checkpoints throughout the project lifecycle, ensuring risks are managed effectively[93]. - The board confirmed that the risk management and internal control systems are sufficient and effective in assessing and managing significant risks to achieve strategic objectives[94]. - The company has implemented new risk management strategies, which are projected to decrease operational risks by I%[70]. - The group closely monitors foreign exchange rate fluctuations and has not used any financial instruments for hedging as of December 31, 2021[104]. - The group has established policies to assess, record, and manage interest rate risks, considering hedging for significant interest rate fluctuations when necessary[104]. Future Outlook and Strategy - The company is actively exploring BIPV investment and operational industrialization in collaboration with Longyan Energy Technology, focusing on low-carbon development trends[20]. - The company plans to focus on high-end markets and enhance project management to maintain ideal profit levels while expanding its presence in the Greater Bay Area[42]. - The company aims to strengthen its design team in Hong Kong and North America while expanding its mainland China design team to meet project demands[43]. - The company is implementing a marketing strategy centered on "large markets, large owners, and large projects" to enhance its competitive advantage[35]. - The company is committed to a prudent bidding strategy to maximize internal synergies and project quality[35]. Accounting and Financial Reporting - The financial statements for the year ending December 31, 2021, were prepared under the Hong Kong Financial Reporting Standards and applicable laws[92]. - The company has adopted several revised Hong Kong Financial Reporting Standards, including HKFRS 9 and HKAS 39, which address issues related to the replacement of existing interest rate benchmarks[176]. - The group expects that the amendments will not have a significant impact on its financial statements[179]. - The company applies straight-line depreciation for other assets based on estimated useful lives, with buildings depreciated over the shorter of the lease term or 50 years[198]. - The company reviews and adjusts the residual value and useful life of assets at each reporting period end, with immediate impairment recognized if the carrying amount exceeds the estimated recoverable amount[198].

（於開曼群島註冊成立之有限公司） (incorporated in the Cayman Islands with limited liability) Stock Code 股份代號: 00830 2021 INTERIM REPORT 中期報告 （於開曼群島註冊成立之有限公司） (incorporated in the Cayman Islands with limited liability) Stock Code 股份代號: 00830 C007445 2021 INTERIM REPORT 中期報告 目錄 Contents 2 公司業務架構 3 董事局及委員會 4 公司資料 5 董事局主席報告書 10 管理層討論及分析 14 未經審核之簡明綜合收益表 15 未經審核之簡明綜合全面收益表 16 未經審核之簡明綜合財務狀況表 18 未經審核之簡明綜合權益變動表 19 未經審核之簡明綜合現金流量表 20 未經審核之簡明綜合財務報表附註 33 其他資料 37 Corporate Structure 38 Board of Directors and Committees 39 Corporate Infor ...