公告称，收益增加主要由于来自一般楼宇业务的收益增加1.29亿港元，以及来自土木工程业务的收益增 加约2.18亿港元的综合影响。 新福港(01447)公布2025年中期业绩，收益约23.19亿港元，同比增长16.76%;公司权益股东应占溢利 829.4万港元，同比减少29.48%;每股盈利2.07港仙。 ...

公告称，收益增加主要由于来自一般楼宇业务的收益增加1.29亿港元，以及来自土木工程业务的收益增 加约2.18亿港元的综合影响。 智通财经APP讯，新福港(01447)公布2025年中期业绩，收益约23.19亿港元，同比增长16.76%;公司权益 股东应占溢利829.4万港元，同比减少29.48%;每股盈利2.07港仙。 ...

SFK CONSTRUCTION HOLDINGS LIMITED 新福港建設集團有限公司 （於百慕達註冊成立的有限公司） （股份代號：1447） （以下稱「公司」） 2. 提名委員會之秘書 3. 會議 1 1.1 提名委員會（「提名委員會」）須由公司董事會（「董事會」）委任，且提 名委員會的大多數成員應為獨立非執行董事。最少一名提名委員會成員須為 不同性別。提名委員會成員須由董事會委任。 1.2 提名委員會之主席應由董事會委任，並須由董事會主席或委員會中之獨立非 執行董事擔任。 1.3 提名委員會成員的委任年期由董事會於委任時決定。 2.1 提名委員會之秘書應由公司秘書擔任。 2.2 提名委員會可不時委任其他任何具備合資格及經驗之人士為提名委員會之秘書。 提名委員會－職權範圍書 （由董事會於二零一五年十一月十九日採納及於二零二五年八月二十五日修訂） 1. 成員 3.1 提名委員會成員可以在有需要的情況下於任何時間召開會議。 3.2 任何會議之通知最少須於該會議舉行前14天作出，除非提名委員會全體成員 一致通過豁免該通知。不論所作出之通知期，提名委員會成員出席會議將被 視為成員豁免所需之通知期。倘續會於少於1 ...

[Interim Consolidated Results Announcement](index=1&type=section&id=Interim%20Consolidated%20Results%20Announcement) [Consolidated Statement of Profit or Loss](index=2&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss) Revenue increased by **16.76%** to **HK$2,319.02 million**, but profit for the period decreased by **32.83%** to **HK$8.02 million**, impacted by higher finance costs and lower other net income Consolidated Statement of Profit or Loss | Indicator | June 30, 2025 (HK$ Thousand) | June 30, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Revenue | 2,319,015 | 1,986,173 | | Direct costs | (2,265,949) | (1,945,035) | | Gross profit | 53,066 | 41,138 | | Operating profit | 19,738 | 19,018 | | Profit before tax | 9,854 | 11,652 | | Profit for the period | 8,021 | 11,940 | | Profit attributable to equity holders of the Company | 8,294 | 11,762 | | Basic/Diluted earnings per share | 2.07 HK Cents | 2.94 HK Cents | - Period revenue increased by **16.76%** year-on-year, mainly driven by general building and civil engineering projects[3](index=3&type=chunk)[30](index=30&type=chunk) - Profit for the period decreased by **32.83%** year-on-year, primarily due to increased finance costs and reduced other net income[3](index=3&type=chunk)[49](index=49&type=chunk)[51](index=51&type=chunk) [Consolidated Statement of Comprehensive Income](index=3&type=section&id=Consolidated%20Statement%20of%20Comprehensive%20Income) Total comprehensive income for the period was **HK$8.02 million**, aligning with profit for the period, indicating no significant impact from other comprehensive income after tax Consolidated Statement of Comprehensive Income | Indicator | June 30, 2025 (HK$ Thousand) | June 30, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Profit for the period | 8,021 | 11,940 | | Other comprehensive income for the period (after tax) | – | – | | Total comprehensive income for the period | 8,021 | 11,940 | | Attributable to equity holders of the Company | 8,294 | 11,762 | | Non-controlling interests | (273) | 178 | - Total comprehensive income for the period is identical to profit for the period, indicating no significant impact from other comprehensive income items such as exchange differences[4](index=4&type=chunk)[5](index=5&type=chunk) [Consolidated Statement of Financial Position](index=4&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) Total assets slightly increased, but net assets and total equity decreased, with a significant rise in current liabilities leading to a lower current ratio and higher gearing ratio Consolidated Statement of Financial Position | Indicator | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Non-current assets | 57,889 | 65,664 | | Current assets | 1,713,810 | 1,576,990 | | Current liabilities | 1,400,846 | 1,260,915 | | Net current assets | 312,964 | 316,075 | | Total assets less current liabilities | 370,853 | 381,739 | | Non-current liabilities | 7,703 | 10,610 | | Net assets | 363,150 | 371,129 | | Total equity | 363,150 | 371,129 | - Increased current liabilities led to a decrease in net current assets and the current ratio, with the gearing ratio significantly rising to **121.16%**[6](index=6&type=chunk)[54](index=54&type=chunk)[58](index=58&type=chunk) [Notes to the Announcement](index=6&type=section&id=Notes%20to%20the%20Announcement) [1 General Information and Basis of Preparation](index=6&type=section&id=1%20General%20Information%20and%20Basis%20of%20Preparation) The Group primarily operates in Hong Kong, focusing on construction, maintenance, property management, and E&M engineering services, with interim financials prepared under HKAS 34 - The Group primarily engages in construction and maintenance projects, housing and property management services, and electrical and mechanical engineering services in Hong Kong[8](index=8&type=chunk) - The interim financial report was prepared in accordance with HKAS 34 and approved for issue by the Board of Directors on August 25, 2025[9](index=9&type=chunk)[11](index=11&type=chunk) [2 Application of Amendments to Hong Kong Financial Reporting Standards](index=7&type=section&id=2%20Application%20of%20Amendments%20to%20Hong%20Financial%20Reporting%20Standards) Amendments to HKFRS effective this period, including those on financial instruments, had no significant impact on the interim financial report's preparation or presentation - Amendments to HKFRS effective for the first time in the current accounting period had no significant impact on the preparation or presentation of the interim financial report[12](index=12&type=chunk) [3 Revenue and Segment Reporting](index=7&type=section&id=3%20Revenue%20and%20Segment%20Reporting) Revenue primarily from general building and civil engineering, with both segments showing significant growth, while other services revenue declined - The Group's principal activities are general building, civil engineering, and the provision of other services[13](index=13&type=chunk) - Reportable segments include general building, civil engineering, and other services[15](index=15&type=chunk) Revenue by Segment | Segment | June 30, 2025 Revenue (HK$ Thousand) | June 30, 2024 Revenue (HK$ Thousand) | June 30, 2025 Profit (HK$ Thousand) | June 30, 2024 Profit (HK$ Thousand) | | :--- | :--- | :--- | :--- | :--- | | General Building | 1,733,045 | 1,603,763 | 38,076 | 32,757 | | Civil Engineering | 519,382 | 301,725 | 9,001 | 6,294 | | Other | 66,588 | 80,685 | 5,944 | 13,012 | | Total | 2,319,015 | 1,986,173 | 53,021 | 52,063 | [4 Profit Before Tax](index=10&type=section&id=4%20Profit%20Before%20Tax) Profit before tax was impacted by significantly increased finance costs, while staff costs and depreciation remained stable after direct cost allocation Profit Before Tax Components | Item | June 30, 2025 (HK$ Thousand) | June 30, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Finance costs | 9,884 | 7,366 | | Staff costs (excluding those included in direct costs) | 16,250 | 18,111 | | Depreciation expenses (excluding those included in direct costs) | 3,563 | 3,652 | | Auditor's remuneration | 538 | 512 | - Finance costs increased by **34.19%** year-on-year, primarily due to higher interest on bank borrowings[18](index=18&type=chunk) [5 Income Tax](index=11&type=section&id=5%20Income%20Tax) Income tax shifted from a credit to an expense of **HK$1.83 million**, primarily due to an increase in current tax provision Income Tax Breakdown | Item | June 30, 2025 (HK$ Thousand) | June 30, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Current tax - Hong Kong Profits Tax | 1,609 | (330) | | Deferred tax | 224 | 42 | | Total income tax | 1,833 | (288) | - Income tax shifted from a credit in the prior period to an expense, mainly due to an increase in current tax provision[19](index=19&type=chunk)[50](index=50&type=chunk) [6 Earnings Per Share](index=11&type=section&id=6%20Earnings%20Per%20Share) Basic earnings per share decreased to **HK$2.07 cents** from **HK$2.94 cents**, with no potential dilutive shares during the period Earnings Per Share Calculation | Indicator | June 30, 2025 | June 30, 2024 | | :--- | :--- | :--- | | Profit attributable to ordinary equity holders of the Company | HK$8,294,000 | HK$11,762,000 | | Shares in issue | 400,000,000 shares | 400,000,000 shares | | Basic earnings per share | 2.07 HK Cents | 2.94 HK Cents | - There were no potential dilutive shares during the period, thus diluted earnings per share are the same as basic earnings per share[21](index=21&type=chunk) [7 Property, Plant and Equipment](index=11&type=section&id=7%20Property%2C%20Plant%20and%20Equipment) Additions to plant and equipment totaled **HK$3.49 million**, with right-of-use asset additions at **HK$1.19 million** for the six months ended June 30, 2025 Property, Plant and Equipment Additions | Item | June 30, 2025 (HK$ Thousand) | June 30, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Cost of additions to plant and equipment | 3,492 | 1,971 | | Additions to right-of-use assets | 1,189 | 2,755 | [8 Trade and Other Receivables and Prepayments](index=12&type=section&id=8%20Trade%20and%20Other%20Receivables%20and%20Prepayments) Total trade receivables decreased to **HK$198.98 million**, with the majority due within one month Trade and Other Receivables and Prepayments | Item | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Trade receivables | 198,981 | 277,860 | | Deposits, prepayments and other receivables | 16,846 | 11,240 | | Total | 215,827 | 289,100 | Trade Receivables Ageing Analysis | Ageing | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Within 1 month | 190,375 | 268,908 | | 1 to 2 months | 2,841 | 5,145 | | 2 to 3 months | 4,195 | 1,526 | | Over 3 months but within 6 months | 1,570 | 2,281 | | Total | 198,981 | 277,860 | [9 Cash and Cash Equivalents](index=12&type=section&id=9%20Cash%20and%20Cash%20Equivalents) Cash and cash equivalents totaled **HK$192.71 million**, a slight decrease from the end of 2024 Cash and Cash Equivalents | Item | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Bank and cash in hand | 192,709 | 194,970 | [10 Trade and Other Payables](index=12&type=section&id=10%20Trade%20and%20Other%20Payables) Total trade and other payables decreased to **HK$832.65 million**, with trade payables primarily due within one month Trade and Other Payables | Item | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Trade payables | 258,783 | 260,311 | | Accruals and other payables | 156,196 | 222,432 | | Amounts due to joint venture partners | 1,062 | 1,062 | | Provision for construction works | 1,102 | 3,600 | | Retention money payable | 415,510 | 392,807 | | Total | 832,653 | 880,212 | Trade Payables Ageing Analysis | Ageing | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Within 1 month | 258,583 | 250,478 | | 1 to 2 months | 200 | 9,145 | | 2 to 3 months | – | 246 | | Over 3 months | – | 442 | | Total | 258,783 | 260,311 | [11 Dividends](index=13&type=section&id=11%20Dividends) The Board does not recommend an interim dividend for the six months ended June 30, 2025, unlike the prior year's **HK$3.0 cents** per share - The Board does not recommend an interim dividend for the six months ended June 30, 2025[25](index=25&type=chunk)[77](index=77&type=chunk) Interim Dividend | Item | June 30, 2025 (HK$ Thousand) | June 30, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Interim dividend proposed after the end of the reporting period | – | 12,000 | [12 Significant Related Party Transactions](index=13&type=section&id=12%20Significant%20Related%20Party%20Transactions) The Group did not enter into any significant related party transactions during the period - The Group did not enter into any significant related party transactions during the period[27](index=27&type=chunk) [13 Financial Guarantees and Contingent Liabilities](index=14&type=section&id=13%20Financial%20Guarantees%20and%20Contingent%20Liabilities) The Group issued **HK$402.36 million** in performance bonds, with claims deemed remote, and all employee compensation and personal injury claims are covered by insurance - As of June 30, 2025, the Group issued performance bonds of approximately **HK$402.36 million** to clients, an increase from **HK$385.34 million** at the end of 2024[28](index=28&type=chunk) - The Directors believe that claims under performance bonds are unlikely, and employee compensation and personal injury claims are adequately covered by insurance, requiring no provision[28](index=28&type=chunk) [Management Discussion and Analysis](index=15&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review](index=15&type=section&id=Business%20Review) Total revenue grew by **16.76%** driven by general building and civil engineering projects, with total projects on hand increasing to **HK$19 billion** and a new large contract secured post-period - Overall revenue for the period was **HK$2,319.02 million**, an increase of approximately **16.76%** year-on-year, mainly due to undertaking general building and civil engineering projects[30](index=30&type=chunk) - The total original contract sum of projects on hand was approximately **HK$19 billion** (end of 2024: **HK$18 billion**), with uncompleted value of approximately **HK$10.8 billion** (end of 2024: **HK$12.7 billion**)[31](index=31&type=chunk) Ongoing Large Construction and Maintenance Projects (as of June 30, 2025) | Project Type | Business Segment | Scope of Works | Original Contract Sum (Approx. HK$ Million) | Revenue Recognized for the Six Months Ended June 30, 2025 (Approx. HK$ Million) | | :--- | :--- | :--- | :--- | :--- | | E&M works for Drainage Services Department sewage treatment facilities | Civil Engineering | E&M works for sewage treatment facilities | 557.6 | 130.5 | | Infrastructure works for Hong Kong Housing Authority non-public housing facilities | General Building Engineering | Infrastructure works for non-public housing facilities | 1,497.0 | 123.8 | | Construction for Hong Kong Housing Authority managed projects | General Building Engineering | Construction of Kai Tak Site 2B5 and 2B6 public housing development | 2,624.0 | 319.3 | | Design and construction for Hong Kong Housing Authority managed projects | General Building Engineering | Design and construction of Kwu Tung North Area 19 Phase 2 public rental housing development | 4,620.0 | 415.4 | - Subsequent to the reporting period, the Group was awarded and undertook a design and build contract for the Hong Kong Housing Authority, with an original contract sum of **HK$4,694.0 million**[39](index=39&type=chunk) [Financial Review](index=20&type=section&id=Financial%20Review) Revenue growth was driven by general building and civil engineering, with gross profit margin rising to **2.29%** due to cost control, but profit attributable to equity holders decreased due to lower other income, higher finance costs, and increased income tax expense Revenue by Business Segment | Business Segment | June 30, 2025 Revenue (HK$ Million) | June 30, 2024 Revenue (HK$ Million) | Year-on-Year Growth Rate | | :--- | :--- | :--- | :--- | | Overall Revenue | 2,319.02 | 1,986.17 | 16.76% | | General Building Business | 1,733.05 | 1,603.76 | 8.06% | | Civil Engineering Business | 519.38 | 301.73 | 72.13% | | Other Services | 66.59 | 80.68 | -17.47% | - Overall gross profit increased by **29.00%** to **HK$53.07 million**, with the overall gross profit margin rising from **2.07%** to **2.29%**, mainly due to more effective cost control[45](index=45&type=chunk) - Other income decreased primarily due to lower interest income; other net income significantly decreased as the prior period included a one-off gain of **HK$10.43 million** from the disposal of a subsidiary[46](index=46&type=chunk)[47](index=47&type=chunk) - Administrative expenses remained relatively stable, while finance costs increased mainly due to higher average bank borrowings[48](index=48&type=chunk)[49](index=49&type=chunk) - Profit attributable to equity holders of the Company decreased to **HK$8.29 million**[51](index=51&type=chunk) [Liquidity Financial Resources and Capital Structure](index=22&type=section&id=Liquidity%2C%20Financial%20Resources%20and%20Capital%20Structure) Capital structure includes share capital and bank loans, with total bank loans increasing to **HK$440.00 million** for working capital, while liquidity and gearing ratios deteriorated, but the Group maintains unutilized facilities and complies with covenants Liquidity and Capital Structure Indicators | Indicator | June 30, 2025 (HK$ Million) | December 31, 2024 (HK$ Million) | | :--- | :--- | :--- | | Share Capital | 363.15 | 371.13 | | Total Bank Borrowings | 440.00 | 300.00 | | Cash and Cash Equivalents | 192.71 | 194.97 | | Current Ratio | 1.22 | 1.25 | | Gearing Ratio | 121.16% | 80.83% | | Unutilized Bank Facilities | 817 | 874 | | Capital Expenditure on Property, Plant and Equipment | 3.49 | 1.97 | - Total bank borrowings increased, primarily to finance working capital for ongoing projects[56](index=56&type=chunk) - The Group continued to comply with its loan covenants during the period up to the date of this announcement[57](index=57&type=chunk) [Foreign Exchange Risk](index=24&type=section&id=Foreign%20Exchange%20Risk) The Group's functional currency is HKD, with all major operations and assets/liabilities denominated in HKD, leading the Board to assess no significant foreign exchange risk - The Group's functional currency is HKD, with its operations and assets/liabilities denominated in the functional currency, and the Board believes there is no significant foreign exchange risk[60](index=60&type=chunk) [Significant Acquisitions or Disposals of Subsidiaries Associates and Joint Ventures and Future Plans for Material Investments or Capital Assets](index=24&type=section&id=Significant%20Acquisitions%20or%20Disposals%20of%20Subsidiaries%2C%20Associates%20and%20Joint%20Ventures%2C%20and%20Future%20Plans%20for%20Material%20Investments%20or%20Capital%20Assets) No significant acquisitions or disposals of subsidiaries, associates, or joint ventures occurred, nor were there any future plans for material investments or capital assets during the period - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures, nor any future plans for material investments or capital assets during the period[61](index=61&type=chunk) [Material Investments Held](index=24&type=section&id=Material%20Investments%20Held) The Group held no material investments during the period, other than those in subsidiaries and joint ventures - Other than investments in subsidiaries and joint ventures, the Group held no other material investments during the period[62](index=62&type=chunk) [Financial Guarantees and Contingent Liabilities](index=24&type=section&id=Financial%20Guarantees%20and%20Contingent%20Liabilities) The Group had no other financial guarantees and contingent liabilities as of June 30, 2025, beyond those disclosed in Note 13 - Save as disclosed in Note 13 to the condensed consolidated financial statements, the Group had no other financial guarantees and contingent liabilities as at June 30, 2025[63](index=63&type=chunk) [Capital Commitments](index=24&type=section&id=Capital%20Commitments) As of June 30, 2025, the Group had no capital commitments - As of June 30, 2025, the Group had no capital commitments[64](index=64&type=chunk) [Employees and Remuneration Policies](index=25&type=section&id=Employees%20and%20Remuneration%20Policies) The Group employed **1,044** staff in Hong Kong with total remuneration of approximately **HK$279 million**, offering competitive benefits, training, and a share option scheme Employee Information | Indicator | June 30, 2025 | | :--- | :--- | | Number of Employees | 1,044 | | Total Remuneration | Approx. HK$279 Million | - The Group provides salaries, medical benefits, and bonuses, with eligible employees also potentially receiving share options[65](index=65&type=chunk) - The Group offers on-the-job technical and operational training to employees and has a share option scheme to enhance loyalty and retention[65](index=65&type=chunk)[66](index=66&type=chunk) [Future Prospects](index=25&type=section&id=Future%20Prospects) The Board is confident in future growth, anticipating government economic stimulus and continued commitment to land and public housing development, enabling the Group to achieve long-term objectives - The Board remains confident in the Group's future development, anticipating further government measures to stimulate the Hong Kong economy and continued commitment to land development and public housing supply[67](index=67&type=chunk) - The Group will continue to leverage its existing competitive advantages to achieve its long-term business objectives[67](index=67&type=chunk) [Corporate Governance and Other Information](index=25&type=section&id=Corporate%20Governance%20and%20Other%20Information) [Corporate Governance Practices](index=25&type=section&id=Corporate%20Governance%20Practices) The company maintains high corporate governance standards despite deviations regarding the Chairman's dual role, lack of an independent internal audit, and an independent non-executive director's AGM absence, with the Board affirming the existing structure's effectiveness - The Company is committed to achieving and maintaining high standards of corporate governance[68](index=68&type=chunk) - Deviation from CG Code Provision C.2.1: The Chairman also serves as the Managing Director, which the Board believes is in the best interest of the Group[68](index=68&type=chunk)[69](index=69&type=chunk) - Deviation from CG Code Provision D.2.2: No independent internal audit function is established, but external internal control consultants are appointed to perform the function[68](index=68&type=chunk)[70](index=70&type=chunk) - Deviation from CG Code Provision C.1.5: One independent non-executive Director was unable to attend the Annual General Meeting[68](index=68&type=chunk)[71](index=71&type=chunk) [Standard Code for Securities Transactions](index=26&type=section&id=Standard%20Code%20for%20Securities%20Transactions) The company adopted the Standard Code for Securities Transactions from Listing Rules Appendix C3, with all Directors confirming compliance during the period - The Company has adopted the Standard Code for Securities Transactions as set out in Appendix C3 of the Listing Rules, and all Directors confirmed compliance during the period[72](index=72&type=chunk) [Purchase Sale or Redemption of the Company's Listed Securities](index=27&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20the%20Company's%20Listed%20Securities) Neither the Company nor its subsidiaries purchased, sold, or redeemed any of the Company's listed securities during the period - During the period, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities[74](index=74&type=chunk) [Events After the Reporting Period](index=27&type=section&id=Events%20After%20the%20Reporting%20Period) As of the announcement date, the Board is unaware of any significant events after the reporting period requiring disclosure - As of the date of this announcement, the Board is not aware of any significant events after the reporting period that require disclosure[75](index=75&type=chunk) [Audit Committee](index=27&type=section&id=Audit%20Committee) The Board's Audit Committee reviewed the Group's adopted accounting principles and practices, along with the unaudited condensed consolidated interim financial statements - The Board's Audit Committee has reviewed the accounting principles and practices adopted by the Group and has reviewed the unaudited condensed consolidated interim financial statements[76](index=76&type=chunk) [Interim Dividend](index=27&type=section&id=Interim%20Dividend) The Board does not recommend an interim dividend for the six months ended June 30, 2025 - The Board does not recommend an interim dividend for the six months ended June 30, 2025[77](index=77&type=chunk) [Publication of Interim Results and Interim Report](index=28&type=section&id=Publication%20of%20Interim%20Results%20and%20Interim%20Report) This interim consolidated results announcement is published on the company and HKEX websites, with the interim report to be dispatched to shareholders - This interim consolidated results announcement is published on the Company's website and the HKEX website, and the interim report will be dispatched to the Company's shareholders[78](index=78&type=chunk) [Board of Directors](index=28&type=section&id=By%20Order%20of%20the%20Board) As of the announcement date, the Board of Directors consists of three executive directors and three independent non-executive directors - As of the date of this announcement, the Company's executive directors are Mr. Chan Ki Chun, Mr. Yung Kin Man, and Mr. Yeung Chor Yin; independent non-executive directors are Mr. Jim Huen Kwong, Mr. Chan Kim Hung, and Dr. Kou Chi Fai[80](index=80&type=chunk)

格隆汇8月12日丨新福港(01447.HK)公布，公司将于2025年8月25日召开董事会会议，以（其中包括）审 议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及审议派发中期股息的建议（如 有）。 ...

SFK CONSTRUCTION HOLDINGS LIMITED 新福港建設集團有限公司 (於百慕達註冊成立的有限公司) (股份代號：1447) 董事會召開日期 新福港建設集團有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會議 將於二零二五年八月二十五日（星期一）舉行，藉以考慮及批准（其中包括）本公司及其 附屬公司截至二零二五年六月三十日止之六個月之中期業績及其公告發佈，以及考慮派發 中期股息（如有）。 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 生或因倚賴該等內容而引致的任何損失承擔任何責任。 香港，二零二五年八月十二日 於本公告日期，本公司執行董事為陳麒淳先生、容劍文先生及楊楚賢先生；及本公司獨立 非執行董事為詹勳光先生、陳劍雄先生及寇志暉博士。 承董事會命 新福港建設集團有限公司 主席 陳麒淳 ...

FF301 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: 新福港建設集團有限公司 (於百慕達註冊成立的有限公司) 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) | 01447 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | ...

Financial Performance - The total revenue of the Group increased by 19.67% to HK$4,609.27 million for the year ended 31 December 2024, compared to HK$3,851.62 million in 2023[11]. - The net profit attributable to equity shareholders of the Company was HK$27.77 million, up from HK$25.32 million in 2023[11]. - Revenue increased by approximately HK$757.65 million, or approximately 19.67%, from HK$3,851.62 million for 2023 to HK$4,609.27 million for 2024[53]. - Revenue from general building business increased by approximately HK$613.41 million, or approximately 20.31%, from HK$3,020.76 million for 2023 to HK$3,634.17 million for 2024[54]. - Revenue from civil engineering business increased by approximately HK$163.48 million, or approximately 27.86%, from HK$586.86 million for 2023 to HK$750.34 million for 2024[55]. - Revenue from other services decreased to HK$224.76 million in 2024 from HK$244.00 million in 2023, representing 4.88% of total revenue[56]. - Gross profit for 2024 was HK$101.19 million, compared to HK$97.90 million for 2023, with a gross profit margin of 2.20%[62][63]. - The gross profit margin for the Group was 2.20% in 2024, down from 2.54% in 2023, indicating a decline in profitability amidst intense competition[98]. Project Awards and Contracts - The Group was awarded 17 new projects in Hong Kong with a total original contract sum of approximately HK$2,662 million, a decrease from HK$7,373 million in 2023[12]. - The Group has been awarded 3 additional projects after the year-end, with a total original contract sum of approximately HK$3,702 million[12]. - A total of 17 projects were awarded as a main contractor in Hong Kong, with a total original contract sum of approximately HK$2,662 million[25]. - As of December 31, 2024, the Group had 10 general building works projects and 25 civil engineering works projects on hand, with a total original contract sum of approximately HK$18 billion[31]. - The Group has been awarded new contracts for general building works, including a public housing development project with a contract sum of HK$2,494.0 million[43]. - A new contract for maintenance and improvement works for properties managed by the Housing Authority has a contract sum of HK$567.9 million[43]. Revenue Breakdown - Revenue from general building works amounted to HK$3,634.17 million, representing approximately 78.84% of total revenue for the year[39]. - Revenue from civil engineering works was HK$750.34 million, accounting for approximately 16.28% of total revenue[39]. - Other services contributed approximately 4.88% of total revenue, down from 6.33% in the previous year[40]. Cost and Expenses - Direct costs for 2024 amounted to HK$4,508.08 million, compared to HK$3,753.72 million for 2023[62]. - Administrative expenses increased to HK$69.59 million in 2024 from HK$63.27 million in 2023, primarily due to increased staff costs[69]. - Finance costs rose to HK$16.73 million in 2024 from HK$8.28 million in 2023, attributed to higher bank interest rates and average loan balances[70]. Operational Highlights - The accident rate for 2024 was 11 per 1,000 workers, significantly lower than the construction industry average of 27.6 per 1,000 workers in 2023[99][102]. - The Group has 1,128 employees as of December 31, 2024, with total remuneration approximately HK$495 million[106]. - The Group has established quality assurance measures and is committed to high safety standards, enhancing public image and customer confidence[45][46]. - The Group holds ISO9001, ISO14001, ISO45001, and ISO50001 certifications, which are increasingly required in tenders, providing a competitive advantage[46]. Financial Position - As of December 31, 2024, the Group's capital structure consisted of equity of HK$371.13 million and bank loans of HK$300.00 million, an increase from HK$240.00 million in 2023[125][131]. - The Group's cash and cash equivalents as of December 31, 2024, were HK$194.97 million, down from HK$348.96 million in 2023, with a current ratio of 1.25 compared to 1.20 in 2023[126][133]. - The Group's gearing ratio increased to 80.83% as of December 31, 2024, from 64.59% in 2023, calculated based on interest-bearing borrowings divided by total equity[136][141]. - The Group incurred capital expenditures of HK$5.33 million for the year, slightly down from HK$5.48 million in 2023, primarily for the purchase of plant and equipment[138][143]. Compliance and Risk Management - The Group maintained compliance with all applicable laws and regulations in Hong Kong and Macau during the year, obtaining all necessary licenses and permits[124][130]. - The construction industry remains highly regulated, with the Group required to maintain various registrations and licenses, which could impact operations if not complied with[80][84]. - The Group's reliance on contracts from the Hong Kong Government poses a risk, as any decrease or delay in government spending could adversely affect business operations[82][85]. Future Outlook - Future growth prospects depend on the continued prosperity of the property market and availability of major construction projects in Hong Kong[93][96]. - The local economy is expected to continue recovering in 2025, with confidence in government measures to boost economic growth[150]. - The Board expresses confidence in the Group's future development amid ongoing government efforts in land development and public housing[154].

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 4,609,266,000, representing an increase of 19.7% compared to HKD 3,851,621,000 for the year ended December 31, 2023[3] - Gross profit for the year was HKD 101,185,000, up from HKD 97,903,000, indicating a growth of 3.1%[3] - Operating profit increased to HKD 47,006,000 from HKD 40,911,000, reflecting a rise of 15.1%[3] - Net profit attributable to equity shareholders was HKD 27,772,000, compared to HKD 25,324,000, marking a growth of 9.7%[3] - Basic earnings per share rose to HKD 6.9 cents from HKD 6.3 cents, an increase of 9.5%[3] - Total comprehensive income for the year was HKD 27,946,000, up from HKD 25,740,000, showing an increase of 8.6%[5] - The company reported other income of HKD 11,840,000, compared to HKD 3,571,000 in the previous year, indicating a significant increase[3] Expenses and Costs - Administrative expenses rose to HKD 69,590,000 from HKD 63,274,000, reflecting an increase of 10.5%[3] - Finance costs increased to HKD 16,726,000 from HKD 8,284,000, which is a substantial rise of 101.5%[3] - Direct costs for 2024 were HKD 4,508.08 million, up from HKD 3,753.72 million in 2023, while gross profit increased to HKD 101.19 million from HKD 97.90 million[66] - Gross profit margin decreased to 2.20% in 2024 from 2.54% in 2023, primarily due to losses from a general building contract[67] - Other income for 2024 was HKD 3.57 million, down from HKD 5.37 million in 2023[69] Assets and Liabilities - Non-current assets decreased from HKD 73,957 million in 2023 to HKD 65,664 million in 2024, representing a decline of approximately 11.3%[7] - Current assets increased from HKD 1,576,990 million in 2023 to HKD 1,867,979 million in 2024, reflecting a growth of about 18.4%[7] - Total liabilities rose from HKD 1,260,915 million in 2023 to HKD 1,551,097 million in 2024, indicating an increase of approximately 23%[8] - The company's cash and cash equivalents decreased from HKD 348,960 million in 2023 to HKD 194,970 million in 2024, a decline of about 44%[7] - The total equity attributable to shareholders remained stable at HKD 371,129 million in 2024 compared to HKD 371,583 million in 2023, showing a slight decrease of 0.1%[8] - The company's current liabilities increased from HKD 880,212 million in 2023 to HKD 1,015,213 million in 2024, which is an increase of approximately 15.3%[8] - The company's total assets decreased from HKD 1,551,097 million in 2023 to HKD 1,867,979 million in 2024, reflecting a decline of about 6.5%[7] Revenue Segmentation - The total revenue for the reportable segments reached HKD 4,609,266,000, with General Building contributing HKD 3,634,172,000, Civil Engineering contributing HKD 750,345,000, and Others contributing HKD 224,749,000[27] - The revenue from general building was HKD 3,634,172,000, up from HKD 3,020,760,000, indicating a growth of about 20.3%[19] - The revenue from civil engineering services was HKD 750,345,000, an increase from HKD 586,863,000, showing a growth of around 27.8%[19] - The revenue from property management services decreased to HKD 12,168,000 from HKD 29,446,000, a decline of approximately 58.7%[19] Project and Market Activity - The company was awarded a total of 17 projects in Hong Kong, with a total contract value of approximately HKD 2,662 million, comprising 12 public sector projects and 5 private sector projects[45] - As of December 31, 2024, the company has 10 general building projects and 25 civil engineering projects, with a total original contract value of approximately HKD 18 billion[47] - Major ongoing projects include a wastewater treatment facility with a contract value of approximately HKD 557.6 million and a non-profit housing facility with a contract value of approximately HKD 1,497 million[49] - The company continues to expand its project portfolio, reflecting a strong pipeline of future work[47] - The total number of projects awarded and ongoing indicates a robust market position and growth potential in the construction sector[45] Corporate Governance and Compliance - The company has established a high standard of corporate governance, ensuring effective operations and stakeholder rights protection, complying with applicable governance codes[94] - The financial figures for the group as of December 31, 2024, have been verified by the external auditor, confirming consistency with the draft financial statements[104] - The Audit Committee, established on November 19, 2015, reviews the group's annual consolidated financial statements and risk management systems[103] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[2] - The local economy is expected to recover by 2025, with confidence in the government's commitment to land development and public housing, supporting the company's long-term business objectives[93]

Revenue Performance - The overall revenue for the six months ended June 30, 2024, amounted to HK$1,986.17 million, representing an increase of approximately 33.59% compared to HK$1,486.80 million for the same period in 2023[9]. - Revenue increased by approximately HK$499.37 million, or approximately 33.59%, from HK$1,486.80 million for the six months ended 30 June 2023 to HK$1,986.17 million for the six months ended 30 June 2024[30]. - Revenue from general building business increased by approximately HK$422.77 million, or approximately 35.80%, from HK$1,180.99 million to HK$1,603.76 million during the same period[30]. - Revenue from civil engineering business increased by approximately HK$87.79 million, or approximately 41.03%, from HK$213.94 million to HK$301.73 million[31]. - Revenue from other services amounted to HK$80.68 million, representing 4.06% of total revenue, a decrease from 6.18% in the previous year[32]. Project and Contract Details - As of June 30, 2024, the total original contract sum of ongoing projects was approximately HK$18 billion, up from HK$17 billion as of December 31, 2023[11]. - The outstanding value of projects on hand as of June 30, 2024, was approximately HK$11.5 billion, slightly down from HK$11.7 billion as of December 31, 2023[11]. - The Group is engaged in 11 general building works projects and 18 civil engineering works projects as of June 30, 2024[11]. - Major projects contributing to revenue growth were outlined in the management discussion section[9]. - The original contract sum for the construction of public housing developments at Kai Tak Sites 2B5 and 2B6 is approximately HK$2,624.0 million, with recognized revenue of HK$388.0 million[16]. - The company is involved in the construction of public housing development at North West Kowloon Reclamation Site (East) with an original contract sum of HK$2,407.0 million, expected to complete by January 2027[18]. - The original contract sum for the design and construction of public housing development at Kwu Tung North Area 19 Phase 2 is approximately HK$4,620.0 million, with recognized revenue of HK$388.0 million[18]. - The company has ongoing projects with an original contract sum of HK$1,497.0 million for infrastructure works for non-public housing facilities, expected to complete by December 2024[15]. Financial Performance - The interim results were announced as unaudited for the six-month period ending June 30, 2024[9]. - The report includes comparative figures for the corresponding period in 2023, highlighting significant growth in financial performance[9]. - Overall gross profit decreased by HK$0.33 million or approximately 0.80% to HK$41.14 million for the six months ended June 30, 2024, with a gross profit margin decline from 2.79% to 2.07%[35]. - Profit attributable to equity shareholders was HK$11.76 million for the six months ended June 30, 2024, compared to HK$9.30 million for the same period in 2023[38]. - The Group's consolidated profit before taxation for the six months ended June 30, 2024, was HK$11,652,000, slightly up from HK$11,544,000 in the same period of 2023[105]. Cash Flow and Financial Position - Cash and cash equivalents decreased to HK$198.44 million as of June 30, 2024, down from HK$348.96 million as of December 31, 2023[42]. - As of June 30, 2024, total bank loans amounted to HK$310.00 million, up from HK$240.00 million as of 31 December 2023[44]. - The Group's gearing ratio increased to 84.44% as of June 30, 2024, compared to 64.59% as of December 31, 2023[45]. - The net cash used in operating activities was $(198,890) thousand, compared to $(149,450) thousand in the same period of 2023, representing a 33% increase in cash outflow[95]. - The total cash and cash equivalents at June 30, 2024, amounted to $198,436 thousand, slightly up from $191,671 thousand in 2023, marking a 3% increase[95]. Administrative and Operational Expenses - Administrative expenses rose to HK$34.75 million for the six months ended June 30, 2024, up from HK$30.37 million for the same period in 2023[35]. - Finance costs increased to HK$7.37 million for the six months ended June 30, 2024, compared to HK$1.70 million for the same period in 2023[35]. - Staff costs for the six months ended June 30, 2024, were HK$247,238,000, slightly up from HK$242,039,000 in the same period of 2023[111]. Shareholder Information and Governance - The Company declared an interim dividend of HK3.0 cents per share, amounting to approximately HK$12 million, consistent with the previous period[64]. - The audit committee has reviewed the unaudited condensed consolidated interim financial statements for the six months ended June 30, 2024, ensuring compliance with accounting principles[82]. - The Group maintains a strong governance structure with an active audit committee overseeing financial practices[82]. - The interests of substantial shareholders are required to be recorded in the register of interests under Section 336 of the SFO, ensuring transparency[77]. Future Outlook and Market Focus - The Group's focus remains primarily on the Hong Kong market during the reporting period[32]. - The Board remains confident in the Group's future development, supported by the Hong Kong Government's commitment to land development and public housing[57].