格隆汇8月7日丨濠江机电(01408.HK)公告，董事会会议将于2025年8月25日举行，除其他事项外,，藉以 考虑及批准发放集团截至2025年6月30日止六个月的未经审核中期业绩及其发布，以及建议中期股息 （如有）。 ...

濠江機電控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董 事」）會（「董事會」）宣佈，董事會會議將於 2025 年 8 月 25 日（星期一）舉行，除其 他事项外, ，藉以考慮及批准發放本集團截至 2025 年 6 月 30 日止六個月的未經審核中期 業績及其發佈，以及建議中期股息（如有）。 承董事會命 濠江機電控股有限公司 主席、首席執行官兼執行董事 張嘉和先生 澳門，2025 年 8 月 7 日 截至本公告日期，本公司董事會包括執行董事張嘉和先生及梁金玲先生；以及獨立非執行 董事羅納德先生、李思鳴女士及陳銘傑先生。 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分內容而產生 或因依賴該等內容而引致的任何損失承擔任何責任。 濠江機電控股有限公司 Macau E&M Holding Limited ( 於開曼群島註冊成立的有限公司 ) (Stock Code: 1408) 董事會會議日期 ...

Financial Performance - The Group recorded total revenue of MOP 92.1 million for the year ended 31 December 2024, with a gross profit of MOP 7.2 million and a gross profit margin of 7.8%, an increase of 2.0 percentage points year-on-year [11]. - The Group recorded total revenue of MOP 92.1 million for the Year, a year-on-year decrease of 28.2% from MOP 128.3 million in 2023, primarily due to fewer contracts secured [21][28]. - The Group's net loss reduced to MOP 2.5 million in 2024 from MOP 3.8 million in 2023, indicating improved cost management and operational efficiency [21]. - The gross profit for the Year was MOP 7.2 million, representing a slight decrease of 2.2% compared to MOP 7.4 million in 2023, with a gross profit margin increase of 2 percentage points year-on-year [31][32]. - Other income increased by MOP 1.3 million to MOP 5.1 million (2023: MOP 3.8 million), mainly due to higher interest rates on fixed deposits [34]. - Administrative expenses decreased by MOP 0.9 million to MOP 14.0 million (2023: MOP 14.9 million), benefiting from cost savings in rental and professional fees [36]. - The Group recorded a loss of MOP 2.5 million for the year, an improvement from a loss of MOP 3.8 million in 2023, primarily due to the combined effects of various factors [38]. - As of December 31, 2024, the Group had cash and bank balances of MOP 141.6 million and net current assets of approximately MOP 177.6 million [23]. - As of December 31, 2024, the Group had net current assets of MOP 177.6 million (2023: MOP 179.6 million) and a current ratio of 8.5 times (2023: 5.3 times) [46]. - The Group's bank balances totaled MOP 141.6 million as of December 31, 2024 (2023: MOP 141.8 million), primarily denominated in MOP and HK$ [46]. - The gearing ratio as of December 31, 2024, was 6.1% (2023: 6.2%), indicating a stable capital structure [47]. Market Outlook - Looking ahead, the Group is cautiously optimistic about the economic prospects for Macau, with a forecasted GDP growth rate of 7.7% for 2025 [14]. - The Group is optimistic about Macau's economic recovery, which is expected to create opportunities for large-scale projects in the E&M sector [63][64]. - The Macau Government's efforts to diversify the economy and pursue public administration reforms are expected to create new opportunities for the Group [14]. - The competitive landscape in the E&M engineering industry is intensifying, necessitating a focus on securing contracts for public and private projects [10]. - The slow recovery and longer tendering process in the E&M industrial market in Macau significantly affected the Group's revenue, particularly from the entertainment and resorts sector [29]. Strategic Initiatives - The Group plans to capitalize on public housing projects and new government initiatives to diversify its business interests abroad [14]. - The Group aims to adopt the latest construction solutions to maintain its position as a leading E&M engineering services contractor in Macau and overseas [14]. - The Group implemented strategic measures to streamline operations, enhancing cost efficiency and project execution [21][32]. - The Group secured several projects, including a CCTV installation for a casino in Sri Lanka, demonstrating its ability to capture new business opportunities [11]. - The Group managed 25 projects in 2024, with 19 from the private sector and 6 from the public sector, actively submitting tenders to maintain revenue growth [22][25]. - The Group secured 16 projects expected to contribute revenue in 2025, alongside numerous tender invitations from government departments and local businesses [64]. - A significant CCTV-related project for a casino in Sri Lanka was secured, with a contract sum of MOP 26.5 million, marking a successful overseas business venture [22]. Corporate Governance and ESG - The Group is committed to sound corporate governance practices and aims to integrate ESG considerations into corporate decision-making processes [82]. - The ESG Report received formal confirmation and approval from the Board on March 20, 2025 [80]. - The Board of Directors oversees all material ESG and climate-related matters, conducting regular reviews of progress towards established strategies [86]. - The Group systematically incorporated ESG-related risk factors into its enterprise risk management framework, with no material ESG risks identified for the Reporting Period [94]. - The ESG Committee held two formal meetings during the Reporting Period to review ESG-related initiatives and strategic action plans [92]. - The Group's sustainability governance framework is designed to ensure effective implementation of sustainability initiatives across all operational divisions [88]. - The Group's ESG Report emphasizes the importance of stakeholder engagement and materiality assessment conducted during the year to identify key issues for disclosure [79]. - The Group identified 21 relevant ESG issues through comprehensive analysis and benchmarking [110]. - The materiality matrix indicates that issues in the upper right quadrant have the highest materiality and are the primary focus areas [111]. Occupational Health and Safety - The Group is committed to creating a professional work environment, emphasizing occupational health and safety as a fundamental operational imperative [121]. - The Group achieved zero work-related injuries during the Reporting Period and maintained a consistent record of zero work-related fatalities over the past three consecutive reporting years [126][128]. - The Group emphasizes the importance of occupational health and safety, requiring all site personnel to possess the Occupational Health and Safety Card prior to commencing site activities [125][127]. - Significant investments are made in professional training and career advancement opportunities to enhance employee development [116]. - The Group has implemented the "Work Site Safety Reference" to provide comprehensive guidelines on safety protocols [123]. - An "Accident Handling Guide" has been established to facilitate prompt responses to health and safety incidents [123]. - Continuous improvement of occupational health and safety standards aims for the complete elimination of work-related injuries [121]. - The materiality assessment findings were thoroughly reviewed and validated by the ESG Committee and the Board of Directors [113]. Employee Engagement and Development - Comprehensive employment policies are established, providing clear guidance on remuneration, dismissal, recruitment, promotion, working hours, holidays, equal opportunities, diversity, anti-discrimination, labor standards, and employee benefits [132]. - The Group offers a competitive remuneration package, including fair base salaries, performance-based incentives, and various employee benefits such as educational subsidies and comprehensive medical coverage [133]. - The Group implements equal opportunity and diversity principles, ensuring all employment decisions are based solely on objective, performance-related criteria [134][138]. - Employee engagement is promoted through regular departmental meetings, dialogue sessions, and various team-building activities [141]. - The Group encourages reporting of potential violations of employment policies, with robust protections against retaliation for whistleblowers [142]. Environmental Impact - The Group is implementing a comprehensive strategy to reduce its carbon footprint and enhance resource efficiency [181]. - The Group aims to establish directional and forward-looking environmental targets, including emissions reductions and waste minimization [180]. - Total GHG emissions for the Group amounted to 36.21 tonneCO2e, with an intensity of 0.033 tonneCO2e/sqm and 0.696 tonneCO2e/employee [186]. - Scope 1 emissions decreased by 12.8% from 4.03 tonneCO2e in 2023 to 3.51 tonneCO2e in 2024 [187]. - Scope 2 emissions increased by 4.76% from 31.21 tonneCO2e in 2023 to 32.70 tonneCO2e in 2024 [187]. - The Group adheres to the "4Rs" waste management principles: Reduce, Reuse, Recycle, and Replace [193]. - The Group prioritizes resource efficiency optimization and aims to minimize resource consumption and mitigate environmental impacts [198]. - The Group has implemented a multi-faceted approach to reduce its environmental footprint, including emissions reduction and waste management strategies [175].

Financial Performance - Revenue for the year ended December 31, 2024, was MOP 92,052,000, a decrease of 28.3% compared to MOP 128,283,000 for the year ended December 31, 2023[3] - Gross profit for the year was MOP 7,221,000, slightly down from MOP 7,384,000 in the previous year, indicating a gross margin of approximately 7.8%[3] - The net loss for the year was MOP 2,490,000, improving from a net loss of MOP 3,759,000 in the previous year, representing a reduction of 33.8%[4] - The total cash and cash equivalents at year-end were MOP 141,603,000, compared to MOP 141,799,000 in the previous year, showing a slight decrease[3] - The total equity as of December 31, 2024, was MOP 202,957,000, down from MOP 205,447,000 in 2023, reflecting a decrease of 1.2%[6] - The total value of uncompleted contracts was MOP 63,024,000, down from MOP 71,445,000 in the previous year, indicating a decrease of 11.7%[3] - Other income increased to MOP 5,092,000 from MOP 3,805,000, representing a growth of 33.8% year-over-year[4] - The company’s administrative expenses were MOP 14,038,000, slightly reduced from MOP 14,861,000 in the previous year, indicating cost control efforts[4] - The basic loss per share for 2024 is reported at MOP (3,759,000) compared to MOP (2,490,000) for 2023, indicating an increase in loss[25] - The group recorded a gross profit of 7.2 million MOP for the year, a decrease of 2.2% compared to 7.4 million MOP in 2023, primarily due to a reduction in the number of standard projects and contract amounts[59] Liquidity and Financial Position - The company reported a liquidity ratio of 8.5 times for the year 2024, compared to 5.3 times in 2023, indicating improved liquidity[3] - The group maintained a stable cash position with total bank balances of 141.6 million MOP as of December 31, 2024, compared to 141.8 million MOP in 2023[70] - The group's cash level as of December 31, 2024, was high, with net current assets of 177.6 million MOP, slightly down from 179.6 million MOP in 2023[69] - The current ratio improved to 8.5 times as of December 31, 2024, compared to 5.3 times in 2023, indicating better liquidity management[69] Market and Operational Strategy - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming fiscal year[3] - The company is focused on expanding its overseas market presence to achieve business diversification and stability[48] - The company plans to continue optimizing operations and enhancing efficiency to promote stable business growth and capitalize on opportunities arising from public housing projects and new government measures[48] - The company managed 25 projects in 2024, with 19 from the private sector and 6 from the public sector, actively bidding for new projects to maintain revenue growth and business stability[55] - The company achieved a significant contract worth 26.5 million MOP for a major CCTV project in a Sri Lankan casino, marking a successful expansion into overseas markets[55] Economic Context - The Macau economy grew by 8.8% in 2024, driven by a recovery in the gaming and tourism sectors, with gaming revenue increasing by 23.9% and visitor numbers rising by 23.8%[45] - The Macau economy is projected to grow at a rate of 7.7% by 2025, despite global economic uncertainties and local economic slowdowns[48] - The demand for electromechanical engineering services is expected to increase as the maintenance and repair needs of the entertainment and hotel sectors grow[51] Corporate Governance and Compliance - The company has adhered to good corporate governance principles and complied with the Hong Kong Stock Exchange listing rules, except for a deviation regarding the separation of the roles of Chairman and CEO[86] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the consolidated financial statements for the year[90] Future Outlook - The group is optimistic about future growth due to signs of recovery in major markets and support from the central government[79] - The group has secured 16 projects expected to generate revenue in 2025, indicating a strong business foundation[80] - The group has received numerous tender invitations from the Macanese government and various sectors for projects in 2025, presenting opportunities for expansion[80] Employee and Organizational Changes - The group has 49 employees in Macao as of December 31, 2024, down from 65 in 2023, including 30 residents and 19 non-residents[77] - The company simplified its organizational structure to ensure effective allocation and utilization of resources[46] Dividend Policy - The company did not declare or recommend any dividends for the year 2024, maintaining a focus on financial stability[43] - The group does not recommend a final dividend for the current year, maintaining a zero dividend per share[83]

MACAU E&M HOLDING LIMITED Macau E&M Holding Limited 濠江機電控股有限公司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號 : 1408 Interim Report 中期報告２０２４ CONTENTS目錄 02 Corporate Information 公司資料 06 Management Discussion and Analysis 管理層討論及分析 12 Corporate Governance and Other Information 企業管治及其他資料 21 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 簡明綜合損益及其他全面收益表 22 Condensed Consolidated Statement of Financial Position 簡明綜合財務狀況表 23 Condensed ...

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of MOP 57,149,000, a decrease of 16.1% compared to MOP 68,120,000 for the same period in 2023[1] - The gross profit for the same period was MOP 2,697,000, down from MOP 1,788,000 in 2023, indicating a significant decline in profitability[1] - The company recorded a loss before tax of MOP 4,250,000, compared to a loss of MOP 5,368,000 in the previous year, showing an improvement in loss reduction[1] - The company’s loss per share for the period was MOP 0.85, an improvement from MOP 1.07 in the same period last year[1] - The group recorded a net loss of approximately 4.3 million MOP for the period, compared to a net loss of about 5.4 million MOP in the same period of 2023, mainly due to tightened cost management[41] Assets and Liabilities - Total assets as of June 30, 2024, were MOP 208,045,000, a decrease from MOP 221,446,000 as of December 31, 2023[2] - Current liabilities increased to MOP 32,404,000 from MOP 41,846,000, reflecting a reduction in short-term financial obligations[2] - The company's net asset value decreased to MOP 201,197,000 from MOP 205,447,000, indicating a decline in overall equity[2] - The company’s cash and cash equivalents were reported at MOP 85,126,000, a significant increase from MOP 27,025,000 at the end of 2023[2] - The group had total borrowings of approximately 12.6 million MOP as of June 30, 2024, slightly down from 12.8 million MOP as of December 31, 2023[42] Cash Flow and Receivables - The company reported a net cash flow from operating activities of (13,690) thousand AUD for the six months ended June 30, 2024, compared to 6,436 thousand AUD for the same period in 2023, indicating a significant decline[5] - The company experienced a cash decrease of 69,947 thousand AUD during the period, resulting in a cash balance of 44,785 thousand AUD at the end of June 2024[5] - The company reported trade receivables from customer contracts, net of credit loss provisions, increased to 37,971,000 AUD as of June 30, 2024, compared to 27,805,000 AUD as of December 31, 2023, reflecting a growth of approximately 36.7%[24] - The total trade receivables balance as of June 30, 2024, was approximately 26,398,000 AUD, up from 9,605,000 AUD as of December 31, 2023, indicating a substantial increase in overdue amounts[25] Revenue Breakdown - Revenue from electromechanical engineering decreased to 55,970 thousand AUD, down 15.5% from 66,347 thousand AUD in the previous year[10] - Maintenance and repair service revenue also declined to 1,179 thousand AUD, a decrease of 33.5% from 1,773 thousand AUD in the prior year[10] - The total revenue for the six months ended June 30, 2024, was 57,149 thousand AUD, down 16.1% from 68,120 thousand AUD in the same period of 2023[10] Other Income and Expenses - Bank interest income for the six months ended June 30, 2024, was AUD 2,631,000, an increase of 53.2% compared to AUD 1,719,000 for the same period in 2023[11] - Total other income for the six months ended June 30, 2024, was AUD 2,697,000, up from AUD 1,788,000 in 2023, representing a growth of 50.8%[11] - Total employee costs for the six months ended June 30, 2024, amounted to AUD 12,267,000, an increase of 8.9% from AUD 11,261,000 in 2023[14] - Administrative expenses increased by approximately 0.1 million MOP or 2.0%, primarily due to higher employee costs during the period[40] Strategic Outlook - The company plans to continue focusing on cost management and operational efficiency to improve financial performance in the upcoming periods[1] - The group has a cautious optimistic outlook for the near future, anticipating stable growth in Macau's GDP due to the recovery of the tourism industry[49] - The group aims to continue pursuing new projects flexibly and prudently to maintain stable operations and solidify its position as a leading enterprise in Macau's electromechanical sector[49] Dividends and Shareholder Information - No interim dividend was declared for the six months ended June 30, 2024, consistent with the previous year[16] - The total issued and fully paid ordinary shares remained at 500,000,000 shares with a par value of 0.01 HKD as of June 30, 2024, unchanged from December 31, 2023[30] - The company has decided not to declare an interim dividend for the six months ending June 30, 2024, compared to no dividend for the same period ending June 30, 2023[53] Governance and Compliance - The Audit Committee consists of three members, all independent non-executive directors, ensuring effective oversight of financial reporting and risk management[54] - The company has not engaged in any purchase, sale, or redemption of its listed securities during the reporting period and holds no treasury shares as of June 30, 2024[53]

Financial Performance - The company recorded total revenue of MOP 128.3 million for the year ended December 31, 2023, reflecting a slowdown in business activities compared to the last three years[10]. - The Group recorded total revenue of MOP128.3 million for the Year, representing a year-on-year decrease of 10.3% from MOP143.0 million in 2022[22]. - Gross profit decreased to MOP7.4 million, down 70.6% from MOP25.1 million in 2022, with a gross profit margin of 5.8% compared to 17.5% in the previous year[34]. - The net loss for the Year was MOP3.8 million, a turnaround from a net profit of MOP9.3 million in 2022, resulting in a net loss margin of 2.9%[22]. - The decrease in revenue was primarily attributed to fewer awarded projects and significantly narrower profit margins compared to FY2022[30]. Market Outlook - The company is optimistic about the outlook for Macau's economy, with the University of Macau predicting GDP growth of between 8.3% and 21% in 2024[12]. - The Group anticipates a significant market rebound around mid to late 2024, driven by the reopening of borders with Mainland China and renewed casino licenses[69]. - The Group has received more tender invitations from casinos, hotels, and resorts for projects in the second half of 2024, indicating a positive outlook for future revenue[73]. Operational Efficiency - Significant progress has been made in optimizing internal operations, achieving greater efficiencies and cost savings[12]. - The Group maintained its existing workforce without any staff redundancies during the Year despite the financial challenges faced[34]. - The Group continues to submit tenders for new projects to sustain revenue growth and promote business stability[23]. ESG Commitment - The Group's ESG report covers its material performance from January 1, 2023, to December 31, 2023, focusing on electrical and mechanical engineering works, which account for all total revenue[80]. - The Group aims to integrate ESG considerations into its strategic development, reflecting its commitment to responsible corporate citizenship[87]. - The Group has implemented robust internal control measures to ensure compliance with all relevant laws and regulations[101]. Employee Welfare and Development - The Group emphasizes the importance of safeguarding employees' rights and nurturing talent for long-term growth and sustainable development[141]. - A competitive remuneration package is offered, including base salary, bonuses, allowances, and various employee benefits such as training allowances and medical benefits[143]. - The Group is committed to talent development, providing numerous on-the-job training opportunities aligned with business needs[157]. Safety and Health Practices - The Group prioritizes the safety of subcontractors' workers, requiring them to obtain the Occupational Health and Safety Card before starting their tasks[135]. - The Group aims to eliminate work-related injuries and is dedicated to continually improving occupational health and safety practices[132]. - During the reporting period, no work-related injuries occurred, and there were no work-related fatalities recorded in the past three reporting years[136]. Environmental Responsibility - The company is actively transitioning to low-carbon practices as part of its commitment to environmental responsibility[198]. - The Group plans to set directional and forward-looking environmental targets, including emissions reductions and improvements in energy and water efficiency[194]. - The company encourages the use of teleconferencing and videoconferencing to limit unnecessary business travel[200].

Financial Performance - Total revenue for the year ended December 31, 2023, was MOP 128,283,000, a decrease of 10.3% compared to MOP 143,046,000 in 2022[3] - Gross profit for the same period was MOP 7,384,000, down from MOP 25,078,000 in 2022, reflecting a significant decline[3] - The company reported a net loss of MOP 3,759,000 for the year, compared to a profit of MOP 9,312,000 in the previous year[4] - Basic loss per share was MOP (0.75), compared to earnings of MOP 1.86 per share in 2022[4] - The liquidity ratio decreased to 5.3 times from 6.9 times in the previous year, indicating a tighter liquidity position[3] - The company's total equity decreased to MOP 205,447,000 from MOP 214,776,000 in 2022, reflecting a decline in shareholder value[6] - The group recorded total revenue of 128.3 million MOP, a decrease of 10.3% compared to 143.0 million MOP in 2022[58] - Gross profit was 7.4 million MOP, down 70.6% from 25.1 million MOP in 2022, with a gross margin of 5.8% compared to 17.5% in the previous year[61] - The group reported a net loss of 3.8 million MOP, a significant decline from a net profit of 9.3 million MOP in 2022[67] Cash and Liquidity - Total cash and cash equivalents increased to MOP 114,732,000 from MOP 19,727,000 in 2022, indicating improved liquidity[6] - Cash and bank balances at the end of the year amounted to 141.8 million MOP, with net current assets valued at 179.6 million MOP[57] - As of December 31, 2023, the group's net current assets amounted to 179.6 million MOP, a decrease from 189.6 million MOP in 2022[68] - The group's bank balance totaled 141.8 million MOP as of December 31, 2023, compared to 119.8 million MOP in 2022, indicating a year-over-year increase of approximately 18.6%[69] - The group maintains a cautious approach to cash management, with a total credit financing amount of 98.8 million MOP as of December 31, 2023, slightly up from 98.0 million MOP in 2022[73] Revenue Sources - The group's revenue from mechanical engineering and maintenance services for 2023 was MOP 128,283,000, a decrease of 10.3% compared to MOP 143,046,000 in 2022[23] - The revenue from construction contracts was MOP 124,738,000 in 2023, down from MOP 139,573,000 in 2022, indicating a decline of 10.6%[23] - The group has a single operating segment and does not provide further detailed financial information or analysis for this segment[22] - The group’s revenue is derived from customer contracts, with specific revenue recognition points established[23] Expenses and Cost Management - Administrative expenses decreased to MOP 14,861,000 from MOP 16,077,000, indicating cost control efforts[4] - The company recorded a significant increase in construction costs, rising to 19,515 thousand MOP in 2023 from 12,167 thousand MOP in 2022, an increase of about 60.5%[47] - The group faced significant pressure from payroll expenses, as there were no layoffs during the year, leading to a heavy employee cost burden[58] Contract Assets and Liabilities - The total value of uncompleted contracts was MOP 71,445,000, down from MOP 165,483,000 in the previous year, suggesting a reduction in future revenue potential[3] - Contract assets increased from 41,961 thousand Macanese Patacas in 2022 to 49,294 thousand Macanese Patacas in 2023, reflecting a growth of approximately 17.5%[29] - The company’s contract assets include unbilled revenue for completed engineering work, contingent upon customer satisfaction and milestone achievements[33] - The contract liabilities related to electromechanical engineering amounted to 2,310,000 MOP in 2023, compared to zero in 2022, indicating the establishment of new liabilities[41] Market Outlook and Business Strategy - The company anticipates an optimistic outlook for the local economy, with a projected growth of 8.3% to 21% in Macau's GDP for 2024[51] - The company plans to expand into new business areas, focusing on public housing projects and government initiatives[51] - The group has received more tender invitations from the entertainment sector, hotels, and resorts, which are expected to generate revenue in the second half of 2024[79] - The group anticipates a significant market rebound around mid to late 2024, driven by the reopening of borders and the renewal of entertainment licenses[77] Corporate Governance and Compliance - The company has adopted good corporate governance principles and has complied with the corporate governance code as of December 31, 2023[84] - The audit committee, consisting of three independent non-executive directors, has reviewed the consolidated financial statements for the year[88] - The proposed amendments aim to update the existing organizational bylaws to align with the latest regulatory requirements effective from December 31, 2023, regarding electronic communication with shareholders[95] Shareholder Information - The company did not declare a final dividend for the year ending December 31, 2023, maintaining a total of 5,570,000 MOP for the previous year[48] - The group has not proposed a final dividend for the current year, compared to a dividend of 1.08 HKD per share in 2022[80] - The annual general meeting is scheduled for May 24, 2024, with shareholder registration suspended from May 17 to May 24, 2024[81]

Financial Performance - Revenue for the six months ended June 30, 2023, amounted to approximately MOP 68.1 million[14] - Gross profit for the same period was approximately MOP 115,000, resulting in a gross profit margin of 0.2%[14] - The Group's revenue for the Period decreased by MOP19.1 million or 21.9% compared to the corresponding period in 2022, primarily due to sluggish demand for E&M engineering services in Macau[19] - The gross profit margin fell from 18.1% for the six months ended 30 June 2022 to 0.2% for the Period, with gross profit decreasing from approximately MOP15.8 million to approximately MOP0.1 million[20] - The Group recorded a net loss of approximately MOP5.4 million for the Period, compared to a net profit of approximately MOP8.4 million for the same period in 2022[29] - The company reported a loss before tax of MOP 5,354,000, compared to a profit of MOP 9,641,000 in the prior year[111] - Total comprehensive loss for the period was MOP 5,368,000, compared to a profit of MOP 8,401,000 in the same period last year[111] - Earnings per share for the period were a loss of 1.07 MOP cents, down from earnings of 1.68 MOP cents in the previous year[111] Financial Position - As of June 30, 2023, the Group had bank balances of approximately MOP 118.2 million and net current assets of approximately MOP 177.6 million[15] - As of 30 June 2023, the Group had net current assets of approximately MOP177.6 million, with a current ratio of 6.0 times[31] - The Group's bank balances, including short-term bank deposits and pledged bank deposits, were approximately MOP118.2 million as of 30 June 2023[31] - The Group had bank mortgage borrowing of approximately MOP13.1 million as of 30 June 2023, with a gearing ratio of 6.4%[37] - The Group's debt-to-equity ratio was 6.4% as of June 30, 2023, compared to 6.2% as of December 31, 2022[43] - Total assets amounted to MOP 252,148,000, a slight decrease from MOP 259,872,000 as of December 31, 2022[113] - Total equity decreased to MOP 203,838,000 as of June 30, 2023, from MOP 214,776,000 at the beginning of the year[113] Operational Highlights - The Group maintained 25 ongoing projects, with 14 related to the public sector as of June 30, 2023[13] - The Group did not experience any work suspensions or project delays in the first half of 2023[13] - The Group continued to actively submit new project tenders to ensure stable operations and stimulate revenue growth[13] - The demand for repair and maintenance services is expected to increase due to the strategies of casino and hotel operators in Macau[10] - The Group expects the performance of the industry to gradually recover in the fourth quarter of 2023 due to the reopening of Macau's borders and the renewal of casino licenses for another 10 years[54] - The Group anticipates new hotel and casino projects as well as refurbishment projects to be launched in Macau, with the tendering process expected to begin in the fourth quarter of 2023[56] Staffing and Corporate Governance - The Group's commitment to preserving its current size resulted in no staff redundancies during the first half of 2023[15] - The Group currently has 65 employees in Macau, an increase from 61 employees as of December 31, 2022[49] - The Group has not granted any share options under its Share Option Scheme since its adoption on August 21, 2020[50] - The company is committed to maintaining good corporate governance standards to protect shareholder interests and enhance corporate value[65] - The company has complied with the corporate governance code, except for the specific deviation mentioned regarding the roles of Chairman and CEO[65] Cash Flow and Dividends - The company paid dividends totaling MOP 5,570,000 during the first half of 2023, a significant reduction from MOP 30,946,000 in the same period of 2022[116] - The company did not declare any interim dividend for the six months ended June 30, 2023, consistent with the previous year[82] - The company has not proposed any dividends for the six months ended June 30, 2023, compared to no dividends proposed in the same period last year[164] Contract Assets and Receivables - Contract assets increased significantly to MOP 61,193,000 as of June 30, 2023, compared to MOP 41,907,000 at the end of 2022, indicating growth in project commitments[113] - The allowance for credit losses for contract assets rose to MOP 166,000, compared to MOP 54,000 at the end of 2022[169] - Trade receivables decreased significantly to MOP 17,886,000 from MOP 40,935,000, a decline of 56.4%[188] - The overdue balances included approximately MOP 1,066,000 that have been overdue for more than 90 days, compared to MOP 100,000 as of December 31, 2022, indicating a significant increase in long-term overdue receivables[192] Interest Rates and Bank Deposits - Pledged bank deposits as of June 30, 2023, carried interest rates between 2.0% and 3.3% per annum, with an original maturity of 6 months[195] - Short-term bank deposits had interest rates ranging from 3.4% to 4.2% per annum as of June 30, 2023, compared to 1.1% to 4.1% as of December 31, 2022, reflecting an increase in interest rates[196] - Bank balances carried a prevailing market interest rate of 0.01% per annum, unchanged from December 31, 2022[197]

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分內容而產生或因依賴該等內容而引致的任何損 失承擔任何責任。 Macau E&M Holding Limited 濠 江 機 電 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1408） 截 至2023年6月30日 止 六 個 月 未 經 審 核 中 期 業 績 公 告 中期業績 濠江機電控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本 公司及其附屬公司（統稱「本集團」）截至2023年6月30日止六個月（「本期間」） 之未經審核綜合中期業績連同2022年同期比較數字如下： 簡明綜合損益及其他全面收益表 截至2023年6月30日止六個月 截至下列日期止六個月 2023年 2022年 6月30日 6月30日 附註 千澳門元 千澳門元 （未經審核）（未經審核） 收益 3 68,120 87,236 ...