Core Viewpoint - The company, Kwan Group (00924), anticipates a significant increase in net loss attributable to shareholders for the fiscal year ending June 30, 2025, projecting a loss of no more than approximately 2.5 million Singapore dollars, compared to a loss of 8,896 Singapore dollars for the fiscal year ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The expected net loss attributable to shareholders for the fiscal year ending June 30, 2025, is projected to be up to 2.5 million Singapore dollars [1] - For the fiscal year ending June 30, 2024, the company reported a net loss attributable to shareholders of 8,896 Singapore dollars [1] Factors Contributing to Loss - The increase in expected net loss is primarily due to: - Anticipated credit loss provisions related to trade receivables and contract assets, mainly due to several customers failing to meet repayment schedules [1] - Increased employee costs [1]

根据现时可得的资料，预期公司拥有人应占亏损净额增加主要由于(i)就截至2025年6月30日止年度的贸 易应收款项及合约资产的预期信贷亏损确认亏损拨备，乃主要由于若干客户未能履行还款时间表及(ii) 员工成本增加所致。 坤集团(00924)发布公告，集团预期截至2025年6月30日止年度将取得公司拥有人应占亏损净额不超过约 250万新加坡元，而截至2024年6月30日止年度则取得公司拥有人应占亏损净额8896新加坡元。 ...

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 告 的 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，概不就因本公告全部 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。 Khoon Group Limited 坤 集 團 有 限 公 司 本公告由坤集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港聯 合交易所有限公司證券上市規則（「上市規則」）第13.09 (2)條及證券及期貨條例（ 香 港法例第571章）第XIVA部項下的內幕消息條文（ 定義見上市規則 ）作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者， 基於本集團的未經審核綜合管理賬目及董事會現時可得的其他資料所作的初步審 閱 ，本 集團 預 期截 至2025 年 6 月 30 日 止年 度將 錄得 本 公司 擁有 人 應佔 虧損 淨 額不 超過約2.5百萬新加坡元，而截至2024年6月30日止年度則錄得本公司擁有人應佔 虧損淨額8,896新加坡元。根據現時可得的資料，預期本公司擁有人應佔虧損淨額 ...

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8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: | 坤集團有限公司 | | | | | | 呈交日期: | 2025年9月1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) | 00924 | 說明 | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | --- | --- | --- | --- | --- | --- | | 上月底結存 | 1,500,000,000 | HKD | 0.01 | HKD | 15,000,000 | | 增加 / 減少 (-) | | | | HKD | | | 本月底結存 | 1,500,000,000 | HKD | 0.0 ...

Summary of Key Points Core Viewpoint - A total of 142 stocks reached their 52-week highs as of August 12, with notable performers including Yingmei Holdings (02028), Elite Group (01775), and Fuying Global Group (01620) achieving high rates of 164.89%, 84.78%, and 40.63% respectively [1]. Stock Performance - **Top Performers**: - Yingmei Holdings (02028) closed at 0.223 with a peak of 0.249, marking a 164.89% increase [1]. - Elite Group (01775) closed at 0.350 with a peak of 0.425, reflecting an 84.78% increase [1]. - Fuying Global Group (01620) closed at 0.180, reaching its peak at 0.180, showing a 40.63% increase [1]. - **Other Notable Stocks**: - Aoya Group (02425) increased by 34.36% [1]. - Fuyiy International Holdings (01470) saw a rise of 28.30% [1]. - Huajian Medical (01931) experienced a 27.58% increase [1]. 52-Week High Rankings - The ranking of stocks that reached their 52-week highs includes: - Yingmei Holdings (02028) at 164.89% [1]. - Elite Group (01775) at 84.78% [1]. - Fuying Global Group (01620) at 40.63% [1]. 52-Week Low Rankings - The report also highlights stocks that reached their 52-week lows, with notable declines including: - Jiadeng International Group (08153) at -15.25% [4]. - Kun Group (00924) at -12.86% [4]. - Zhongjia Guoxin (00899) at -10.00% [4].

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: | 坤集團有限公司 | | | | | | 呈交日期: | 2025年8月1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) | 00924 | 說明 | | | | | | 法定/註冊股份數目 | 面值 | | 法定/註冊股本 | | | --- | --- | --- | --- | --- | --- | | 上月底結存 | 1,500,000,000 | HKD | 0.01 | HKD | 15,000,000 | | 增加 / 減少 (-) | | | | HKD | | | 本月底結存 | 1,500,000,000 | HKD | 0.0 ...

Financial Performance - Revenue for the six months ended December 31, 2024, was SGD 44,185,932, an increase of 37.1% compared to SGD 32,214,535 in 2023[8] - Gross profit for the same period was SGD 2,996,551, up from SGD 2,161,427, reflecting a gross margin improvement[8] - The company reported a pre-tax profit of SGD 415,994, compared to a pre-tax loss of SGD 313,528 in the previous year[8] - Net profit for the period was SGD 157,445, a significant recovery from a net loss of SGD 424,387 in 2023[8] - Total comprehensive income attributable to owners for the period was SGD 120,190, compared to a loss of SGD 618,111 in the prior year[8] - Earnings per share for the period was SGD 0.02, recovering from a loss per share of SGD 0.04 in 2023[8] - Other income increased to SGD 292,387 from SGD 87,133, indicating growth in ancillary revenue streams[8] - The company achieved a profit of SGD 157,445 for the six months ended December 31, 2024, compared to a loss of SGD 424,387 for the same period in 2023, indicating a significant turnaround[15] - Operating cash flow before changes in working capital for the six months ended December 31, 2024, was SGD 1,074,662, a substantial increase from SGD 232,297 in the previous year[15] - The company reported a net cash increase of SGD 182,502 for the six months ended December 31, 2024, compared to a decrease of SGD 2,392,633 in the same period of 2023[15] Assets and Liabilities - Total assets decreased to 36,650 million, with a net asset value of 36,294 million[10] - Current assets reported at 15,708 million, with cash and cash equivalents at 18,727 million[10] - Total liabilities amounted to 11,898 million, with current liabilities at 7,711 million[10] - The company reported a total equity of 24,752 million, with a capital surplus of 31,669 million[10] - The accumulated surplus reached 14,350 million, indicating a strong retained earnings position[10] - The financial position shows a significant liquidity with current assets exceeding current liabilities[10] Operational Costs - Administrative expenses rose to SGD 2,409,377 from SGD 2,114,637, reflecting increased operational costs[8] - Financial asset impairment losses increased to SGD 486,434 from SGD 121,361, indicating potential challenges in asset management[8] - Total employee costs increased to SGD 4,593,640 from SGD 4,108,796, representing a rise of about 11.8%[41] - The total cost of materials recognized as service costs was SGD 20,609,261, compared to SGD 15,925,722 in the previous year, indicating an increase of approximately 29.5%[41] Market and Strategic Outlook - The company is focusing on expanding its market presence and enhancing product offerings[11] - Future outlook remains positive with strategic initiatives aimed at growth and innovation[11] - The company is committed to maintaining a strong balance sheet while pursuing new opportunities[11] - The Singapore Construction Authority forecasts that construction demand in Singapore is expected to range between SGD 47 billion and SGD 53 billion in 2025[76] Cash Flow and Financing - The company’s cash and cash equivalents at the end of the period were SGD 7,271,226, slightly down from SGD 7,657,225 at the end of the previous year[15] - Financing costs increased significantly, with lease liability interest rising to SGD 14,232 from SGD 1,381[38] - The average borrowing rate for lease liabilities as of December 31, 2024, was 2.88%, down from 4.06% as of June 30, 2024[69] - The company has adopted a prudent cash and financial management policy, maintaining a stable financial position throughout the reporting period[95] Trade Receivables and Impairments - Trade receivables decreased by SGD 2,472,058 for the six months ended December 31, 2024, compared to an increase of SGD 1,449,932 in the previous year, indicating improved collection efficiency[15] - Trade receivables impairment loss decreased to SGD 63,822 from SGD 121,361 year-over-year, a reduction of approximately 47.4%[37] - The provision for expected credit losses on trade receivables increased to SGD 847,854 as of December 31, 2024, from SGD 784,032 as of June 30, 2024, indicating a rise of approximately 8.2%[49] Corporate Governance and Compliance - The company has complied with the corporate governance code as per the listing rules for the six months ending December 31, 2024[125] - The interim results for the six months ending December 31, 2024, were not audited or reviewed by independent auditors, but the audit committee has reviewed the unaudited consolidated results[127] Shareholder Information - Southern Heritage Limited holds 550,000,000 shares, representing 55.00% of the issued share capital[110] - The company did not declare any dividends for the reporting periods ended December 31, 2024, and 2023[42] - The company has not granted, exercised, canceled, or expired any options under the share option scheme since its adoption on June 10, 2019, and there are no unexercised options as of December 31, 2024[114]

Financial Performance - Revenue for the six months ended December 31, 2024, was SGD 44,185,932, representing a 37.1% increase from SGD 32,214,535 in the same period of 2023[2] - Gross profit for the same period was SGD 2,996,551, up from SGD 2,161,427, indicating a significant improvement in profitability[2] - The company reported a net profit of SGD 157,445 for the six months ended December 31, 2024, compared to a loss of SGD 424,387 in the previous year, marking a turnaround in financial performance[3] - The gross profit margin for the six months ending December 31, 2024, was approximately 6.8%, consistent with the gross profit margin of 6.7% for the same period in 2023[89] - The company reported a pre-tax profit of SGD 415,994 for the six months ended December 31, 2024, compared to a loss of SGD 313,528 in the same period of 2023[37] - The company reported a profit of approximately SGD 0.2 million for the six months ended December 31, 2024, compared to a net loss of approximately SGD 0.4 million in the same period in 2023, mainly due to increased revenue[98] Assets and Liabilities - Total assets as of December 31, 2024, amounted to SGD 51,512,969, an increase from SGD 48,618,228 as of June 30, 2024[5] - The company’s total liabilities rose to SGD 15,897,856 from SGD 12,921,936, indicating increased borrowing or operational liabilities[5] - The company’s financial position shows a net asset value of SGD 35,615,113, slightly down from SGD 35,696,292, indicating stability in asset management[5] - Non-current liabilities, including lease liabilities, were reported at SGD 356,261, slightly up from SGD 355,385, representing a marginal increase of 0.25%[6] - The total non-current assets as of December 31, 2024, amount to SGD 954,197, compared to SGD 914,310 as of June 30, 2024, showing an increase of approximately 4.4%[30] Revenue Sources - Revenue from public sector clients for the six months ended December 31, 2024, was SGD 44,161,409, up from SGD 31,778,334 for the same period in 2023, indicating a significant increase[25] - Revenue from Singapore accounted for 100% of total revenue for the six months ended December 31, 2024, consistent with the previous year[30] - The public sector projects contributed 100% of the total revenue for the six months ending December 31, 2024, with 54 projects generating 44.2 million Singapore dollars[86] Expenses and Costs - The company reported a significant reduction in administrative expenses, which decreased to SGD 2,409,377 from SGD 2,114,637, contributing to improved profitability[2] - The total employee costs for the period reached SGD 4,593,640, compared to SGD 4,108,796 in the previous year, indicating an increase in labor expenses[38] - The service cost for the six months ending December 31, 2024, increased by approximately 11.1 million Singapore dollars or about 37.1% to approximately 41.2 million Singapore dollars compared to the previous year[88] - Financing costs rose significantly to approximately SGD 14,000 for the six months ended December 31, 2024, compared to approximately SGD 1,400 in the same period in 2023, driven by new office and accommodation leases[95] Impairment and Provisions - The net loss from financial assets impairment for the six months ended December 31, 2024, is SGD 486,434, compared to SGD 121,361 in 2023, reflecting a significant increase in impairment losses[32] - The impairment loss provision for contract assets increased to SGD 605,011 as of December 31, 2024, from SGD 182,399 as of June 30, 2024, representing a significant rise of approximately 231.5%[63] - The expected credit loss for trade receivables is calculated based on historical credit loss experience and current overdue debts, with no significant changes in estimation techniques or assumptions during the reporting period[46] Corporate Governance and Compliance - The financial statements are prepared in accordance with International Financial Reporting Standards, ensuring compliance and transparency[12] - The company has not adopted any new accounting standards that would significantly impact the financial statements for the reporting period[14] - The audit committee has reviewed the unaudited interim results for the six months ending December 31, 2024, and found no objections[128] - The company has adhered to the corporate governance code as per the listing rules[125] Future Plans and Market Outlook - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[2] - The construction demand in Singapore is projected to be between 47 billion and 53 billion Singapore dollars annually by 2025, with total construction demand expected to reach between 39 billion and 46 billion Singapore dollars annually from 2026 to 2029[82] - The company plans to enhance its workforce by hiring additional employees, allocating SGD 2.5 million for this purpose[120] Shareholder Information - The company did not declare any dividends for the six months ended December 31, 2024, nor has it recommended any dividend payments[40] - The company has issued and fully paid up capital of SGD 1,742,143 as of December 31, 2024, with a total authorized share capital of SGD 1,500,000,000[75] - The company confirmed compliance with the standards for securities trading by its directors[124]

Financial Performance - The company's revenue for the fiscal year ending June 30, 2024, reached approximately SGD 69.5 million, an increase of about 37.3% from SGD 50.6 million for the fiscal year ending June 30, 2023[7]. - Gross profit for the fiscal year ending June 30, 2024, increased by approximately 138.3% to about SGD 5.9 million, compared to SGD 2.5 million for the previous fiscal year[7]. - The company reported a net loss after tax of approximately SGD 9,000 for the fiscal year ending June 30, 2024, significantly reduced from a net loss of approximately SGD 1.5 million for the previous year[7]. - Total revenue for the year ended June 30, 2024, increased by approximately 37.3% to SGD 69.5 million from SGD 50.6 million for the year ended June 30, 2023[14]. - Gross profit for the year ended June 30, 2024, was approximately SGD 5.9 million, representing an increase of about 138.3% compared to SGD 2.5 million for the year ended June 30, 2023[16]. - The company reported a loss of approximately SGD 9,000 for the year ended June 30, 2024, compared to a loss of approximately SGD 1.5 million for the year ended June 30, 2023[24]. - The company reported a pre-tax profit of SGD 294,415, a turnaround from a pre-tax loss of SGD 1,612,611 in the previous year[200]. - The net loss attributable to shareholders for the year was SGD 8,896, a substantial reduction from a loss of SGD 1,548,747 in the prior year[200]. Revenue and Demand Outlook - The Singapore construction demand is projected to reach between SGD 32 billion and SGD 38 billion in 2024, with public sector projects expected to account for about 55% of this demand[5]. - The company expects construction demand in Singapore to rise, with projected annual demand between SGD 31 billion and SGD 38 billion from 2025 to 2028[10]. - The number of public sector projects contributing to revenue increased to 64, generating SGD 68.7 million, which accounted for 98.9% of total revenue for the year ended June 30, 2024[13]. Cost and Profitability - The gross profit margin improved from approximately 4.9% to about 8.5% due to the recovery of the Singapore construction industry post-COVID-19 and stable profit margins from newly awarded projects[7]. - Service costs rose by approximately 32.2% to SGD 63.6 million for the year ended June 30, 2024, compared to SGD 48.1 million for the year ended June 30, 2023[15]. - Administrative expenses increased to SGD 4,415,795 from SGD 3,504,879, indicating rising operational costs[200]. - The company experienced a financial asset impairment loss of SGD 790,663, up from SGD 700,000 in the previous year[200]. Employee and Workforce Management - The company emphasizes the importance of employee welfare and safety, viewing employees as its most valuable asset[4]. - Employee costs for the year ended June 30, 2024, totaled approximately SGD 8.7 million, an increase from SGD 7.1 million in 2023[35]. - The total number of employees as of June 30, 2024, was 197, down from 207 in 2023, indicating a decrease of about 4.8%[163]. - The overall employee turnover rate increased to 23.4% in 2024 from 19.8% in 2023[164]. - The company has implemented policies to ensure compliance with employment laws and promote equal opportunities without discrimination[162]. Corporate Governance and Compliance - The company has adopted all the corporate governance code provisions as its own corporate governance practices, ensuring compliance for the year ending June 30, 2024[52]. - The company has established a robust framework for corporate governance to protect shareholder interests and enhance corporate value[52]. - The board consists of two executive directors and three independent non-executive directors, with changes in membership noted in 2023[56]. - The company has mechanisms in place to ensure independent opinions are expressed by the board, with independent directors meeting annually to discuss concerns[63]. - The company has a zero-tolerance policy towards corruption and bribery, ensuring compliance with anti-bribery laws in all operational jurisdictions[82]. Environmental Performance - The company reported a reduction in nitrogen oxides emissions from 274,906.09 grams in 2023 to 262,182.41 grams in 2024, representing a decrease of approximately 4.5%[150]. - Sulfur oxides emissions decreased significantly from 690.34 grams in 2023 to 278.65 grams in 2024, a reduction of about 59.7%[150]. - The total greenhouse gas emissions (Scope 1) decreased from 123.64 tons CO2 equivalent in 2023 to 41.98 tons CO2 equivalent in 2024, a decline of approximately 66.0%[151]. - The company aims to reduce emissions further by exploring the adoption of electric vehicles and promoting efficient vehicle usage in daily operations[152]. - The company has established an environmental management system compliant with ISO 14001:2015 standards to enhance environmental compliance[158]. Risk Management - The company faces risks related to reliance on non-recurring contracts obtained through bidding processes, which may impact its financial performance[8]. - The company has established a risk management policy to identify, assess, and manage key business risks, with quarterly evaluations conducted by departments[80]. - The board is responsible for overseeing the overall risk management and ensuring the effectiveness of the internal control system[80]. - The company has implemented an insider trading policy to ensure timely and fair disclosure of material information to the public[81]. Future Plans and Strategic Goals - The company plans to continue focusing on market expansion and product development to drive future growth[200]. - The company is prepared to seize opportunities in Singapore's thriving construction industry, aiming for sustainable growth[5]. - The company has allocated SGD 2.5 million for hiring additional staff to strengthen its workforce[40]. - The company has earmarked SGD 6.5 million for potential new projects in electrical engineering[40].

Financial Performance - For the fiscal year ending June 30, 2024, the company reported total revenue of SGD 69,506,635, an increase from SGD 63,615,918 in the previous year, representing a growth of approximately 13.5%[1] - The gross profit for the fiscal year was SGD 5,890,717, compared to SGD 2,472,410 in the previous year, indicating a significant increase in profitability[1] - The company recorded a loss attributable to owners of the company of SGD 8,896 for the fiscal year, a notable improvement from a loss of SGD 1,548,747 in the previous year[1] - The group's revenue for the fiscal year ending June 30, 2024, was SGD 68,720,958, an increase of 49.5% from SGD 46,066,323 in 2023[12] - Revenue from contracts for providing electrical engineering services was SGD 69,506,635 in 2024, up from SGD 50,607,886 in 2023, representing a growth of 37.3%[11] - The net loss after tax for the fiscal year ending June 30, 2024, was approximately SGD 9,000, significantly reduced from a net loss of approximately SGD 1.5 million for the fiscal year ending June 30, 2023[46] Assets and Liabilities - The total assets of the company as of June 30, 2024, amounted to SGD 36,529,423, slightly up from SGD 36,444,521 in the previous year[4] - The total liabilities increased to SGD 15,897,856 from SGD 14,091,776, representing a rise of about 12.8%[3] - The company's cash and cash equivalents decreased to SGD 7,065,336 from SGD 10,184,427, a decline of approximately 30.9%[3] - The company's net asset value decreased to SGD 36,174,038 from SGD 36,408,949, a decline of approximately 0.6%[4] Trade Receivables and Impairment - Trade receivables increased to SGD 9,622,527 from SGD 7,833,214, reflecting a growth of approximately 22.8%[3] - Trade receivables amounted to SGD 10,406,559 as of June 30, 2024, an increase from SGD 7,886,583 in 2023[24] - The impairment loss provision for trade receivables was SGD (784,032) for 2024, compared to SGD (53,369) in 2023[26] - The group recognized impairment losses of SGD 790,663 in 2024, compared to SGD 700,000 in 2023[17] - The company reported a significant increase in impairment losses, totaling 730,663 Singapore dollars for the fiscal year ending June 30, 2024, compared to no losses in the previous year[29] Revenue Recognition and Contracts - The total amount of unfulfilled (or partially fulfilled) contractual obligations at the end of the reporting period was SGD 116,845,566, slightly down from SGD 118,144,206 in 2023[14] - The group expects to recognize revenue from unfulfilled contracts between 2024 and 2028, based on the total amount of unfulfilled obligations[14] - The total value of projects held as of June 30, 2024, was approximately SGD 256.7 million, with SGD 66.3 million recognized as revenue during the fiscal year[45] Financial Reporting Standards - The group has adopted several new and revised International Financial Reporting Standards (IFRS) effective from July 1, 2023, which do not have a significant impact on the financial position and performance[7] - The group is currently assessing the impact of IFRS 18 on its consolidated financial statements[10] - The group anticipates that the adoption of these new standards and amendments will not have a significant impact on its consolidated financial statements[10] Operational Highlights - The company has been focusing on expanding its engineering services, which is expected to drive future revenue growth[5] - The group is well-positioned to capitalize on the increasing construction demand in the coming years, particularly in the public sector projects[44] - The company has a strong track record in public housing development projects initiated by the Housing Development Board of Singapore[42] Employee and Administrative Costs - The total employee cost for the year ending June 30, 2024, is approximately SGD 8.7 million, an increase from SGD 7.1 million in 2023[66] - Administrative expenses increased to approximately SGD 4.4 million for the year ended June 30, 2024, from approximately SGD 3.5 million for the year ended June 30, 2023, primarily due to higher employee costs and legal and professional fees[54] Dividends and Shareholder Returns - The company did not declare or recommend any dividends for the year ended June 30, 2024, consistent with 2023[22] - The board does not recommend a final dividend for the year ended June 30, 2024, compared to zero for the year ended June 30, 2023[60] Disputes and Legal Matters - The company is currently involved in a dispute with a client regarding unpaid amounts of approximately 1.6 million Singapore dollars, which has led to significant impairment provisions[34] - The subsidiary is currently involved in a dispute with a contractor regarding a claim of SGD 1,077,568, which the company intends to contest[68] Cash Flow and Financial Management - The group maintains a prudent financial management policy, ensuring good financial health throughout the year[63] - As of June 30, 2024, the company's debt-to-equity ratio is zero, consistent with June 30, 2023[65] - The company has no significant investments or capital asset plans beyond those disclosed in the prospectus dated June 20, 2019[65]