Financial Performance - Revenue decreased from approximately HKD 265.3 million for the six months ended September 30, 2024, to approximately HKD 155.9 million for the six months ended September 30, 2025, representing a decrease of approximately HKD 109.4 million or 41.2%[5] - Gross profit decreased from approximately HKD 2.9 million for the six months ended September 30, 2024, to approximately HKD 0.8 million for the six months ended September 30, 2025, representing a decrease of approximately HKD 2.1 million or 72.3%[5] - The group recorded a loss attributable to owners of the company of approximately HKD 9.0 million for the six months ended September 30, 2025, compared to approximately HKD 7.2 million for the six months ended September 30, 2024[5] - Basic loss per share attributable to owners of the company was approximately HKD 0.9 cents for the six months ended September 30, 2025, compared to approximately HKD 0.7 cents for the six months ended September 30, 2024[5] - The company reported a loss attributable to owners of HKD 9,046,000 for the six months ended September 30, 2025, compared to a loss of HKD 7,164,000 for the same period in 2024[24] - Basic and diluted loss per share for the six months ended September 30, 2025, was HKD 0.9, compared to HKD 0.7 for the same period in 2024[24] - The company recorded a total loss and comprehensive expenses of approximately HKD 9.0 million for the six months ended September 30, 2025, compared to approximately HKD 7.2 million for the same period in 2024[41] Dividend and Shareholder Information - The board has resolved not to declare an interim dividend for the six months ended September 30, 2025, and 2024[5] - The company did not recommend the declaration of an interim dividend for the six months ended September 30, 2025[25] - The board has resolved not to declare an interim dividend for the six months ending September 30, 2025, and 2024[60] - The company has maintained a minimum of 25% of its issued share capital held by the public as of September 30, 2025[67] Assets and Liabilities - Total assets as of September 30, 2025, were approximately HKD 297.7 million, down from approximately HKD 321.1 million as of March 31, 2025[7] - Total liabilities as of September 30, 2025, were approximately HKD 34.4 million, down from approximately HKD 48.7 million as of March 31, 2025[8] - Cash and cash equivalents increased to approximately HKD 22.2 million as of September 30, 2025, from approximately HKD 18.8 million as of March 31, 2025[7] - Trade receivables decreased to approximately HKD 72.7 million as of September 30, 2025, from approximately HKD 83.8 million as of March 31, 2025[7] - The net trade receivables as of September 30, 2025, were HKD 72,668,000, down from HKD 83,759,000 as of March 31, 2025[26] - Contract assets totaled HKD 194,661,000 as of September 30, 2025, compared to HKD 208,398,000 as of March 31, 2025[27] - Trade payables decreased to HKD 8,453,000 from HKD 20,487,000, indicating a significant reduction of 58.7%[28] - As of September 30, 2025, bank borrowings amounted to approximately HKD 13.6 million, up from approximately HKD 8.8 million as of March 31, 2025[43] - The debt-to-equity ratio increased to approximately 5.2% as of September 30, 2025, from 3.2% as of March 31, 2025[44] Operational Highlights - The company is engaged in providing construction services for public and private residential and commercial properties in Hong Kong and Cambodia[10] - Major customers contributing over 10% of total revenue included Customer 1 with HKD 34,925,000, Customer 2 with HKD 29,874,000, and Customer 3 with HKD 28,554,000[18] - Employee benefits expenses, including director remuneration, decreased to HKD 11,730,000 from HKD 24,315,000, representing a reduction of 51.8%[21] - As of September 30, 2025, the company had 33 projects on hand, with a total project value of approximately HKD 739.2 million, compared to 32 projects valued at approximately HKD 343.3 million as of March 31, 2025[31] - The company adopted a selective bidding strategy, focusing on projects with strong financial reliability and manageable operational risks, resulting in a stable order book[30] - The company is actively expanding into Southeast Asia, aiming to diversify revenue sources and reduce reliance on the local market[32] - Administrative expenses decreased from approximately HKD 10.7 million to approximately HKD 8.5 million, a reduction of about HKD 2.2 million or 20.2%[38] - Other income for the six months ended September 30, 2025, was HKD 46,000, primarily from a youth employment and training program[20] - Service costs decreased from approximately HKD 262.4 million to approximately HKD 155.1 million, a reduction of about HKD 107.3 million or 40.9%[34] Governance and Management - The company has no significant investments or capital asset plans beyond those disclosed in the prospectus as of the mid-term announcement date[59] - The audit committee reviewed the interim financial results for the six months ending September 30, 2025, and confirmed compliance with applicable accounting standards and regulations[69] - The company has adopted a share option scheme, but no options were granted, exercised, canceled, or lapsed during the six months ending September 30, 2025[64] - The board expresses gratitude for the efforts of management and staff during the reporting period[71] - The chairman and CEO of GC Construction Holdings Limited is Chen Qiaosen[71] - The board includes executive directors Chen Qiaosen, Chen Yongping, and Chen Cuiying, along with independent non-executive directors[71] - The board consists of a diverse group of directors, including professionals from various fields[71] - The company emphasizes the importance of teamwork and collaboration in achieving its goals[71] - The management team is committed to continuous improvement and dedication to the company's mission[71] - The company aims to maintain transparency and accountability to its stakeholders[71] - The board's composition reflects a commitment to governance and strategic oversight[71] Miscellaneous - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the six months ending September 30, 2025[63] - The total proceeds from the share issuance on October 10, 2022, amounted to HKD 125 million, with net proceeds of approximately HKD 91.8 million after deducting underwriting commissions and related expenses[56] - The planned use of net proceeds includes funding for project costs (HKD 67 million), expanding workforce and office space (HKD 9.9 million), and purchasing machinery and vehicles (HKD 2.7 million)[57] - The announcement date is November 25, 2025[71] - The group faced minimal foreign exchange risk as most transactions and assets were denominated in HKD, with no foreign exchange hedging conducted for the six months ending September 30, 2025[52] - As of September 30, 2025, the group employed 45 staff members, down from 55 as of March 31, 2025, with compensation packages including salaries and bonuses based on qualifications and performance reviews[54]

Core Viewpoint - GC CONSTRUCTION (01489.HK) will hold a board meeting on November 25, 2025, to consider and approve its unaudited consolidated interim results for the six months ending September 30, 2025, and to discuss the declaration of an interim dividend if applicable [1] Group 1 - The board meeting is scheduled for November 25, 2025 [1] - The meeting will focus on the unaudited consolidated interim results for the six months ending September 30, 2025 [1] - The company will also consider the proposal for an interim dividend [1]

GC Construction Holdings Limited GC Construction Holdings Limited （股 份 代 號：1489） （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） 董事會會議通告 GC Construction Holdings Limited（「本公司」，連同其附屬公司稱「本集團」）之董事 會（「董事會」）謹此宣佈，將於二零二五年十一月二十五日（星期二）舉行董事會會 議，藉以（其中包括）考慮及批准本集團截至二零二五年九月三十日止六個月之未 經審核綜合中期業績以及其公告刊發之事宜，並考慮建議宣派中期股息（如有）。 代表董事會 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。 主席兼執行董事 陳橋森 香港，二零二五年十一月十日 於本公告日期，董事會包括執行董事陳橋森先生（主席兼行政總裁）、陳永平先生 及陳翠盈小姐，以及獨立非執行董事黃虹博士、于志榮先生、盧其釗博士及 陸志聰醫生， 太平紳士 。 ...

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聯合公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本聯合公 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。 聯合公告 寄發有關 由華富建業證券有限公司為及 代表JUMBO FLAGS CAPITAL LIMITED 提出強制性無條件現金要約 以收購GC CONSTRUCTION HOLDINGS LIMITED 全部已發行股份 （JUMBO FLAGS CAPITAL LIMITED及其一致行動人士 已擁有及╱或同意將予收購的股份除外）之 綜合文件 要約人的財務顧問 要約人的要約代理 獨立董事委員會及獨立股東之獨立財務顧問 本聯合公告僅供參考，並不構成收購、購買或認購本公司的證券的邀請或要約或 該等邀請或要約的一部分。 Jumbo Flags Capital Limited GC Construction Holdings Limited （於英屬處女群島註冊成立的有限公司） （於開曼群島註冊成立的有限公司） （股份代號：1489） 茲提述(i)要約人及本公司日期為2025年9月30日之聯合公告，內容 ...

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this Form of Acceptance, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Form of Acceptance. 香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司對本接納表格內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示 概不就因本接納表格全部或 ...

閣下如對要約、本綜合文件及╱或隨附接納表格的任何方面或應採取的行動有任何疑問，應諮詢持牌證券交易商或註冊證券機構、銀行經理、 律師、專業會計師或其他專業顧問。 閣下如已將名下所持GC Construction Holdings Limited股份全部出售或轉讓，應立即將本綜合文件及隨附接納表格交予買方或承讓人或代 為出售或轉讓股份的銀行、持牌證券交易商或註冊證券機構或其他代理人，以便轉交買主或承讓人。 此乃要件 請即處理 （於開曼群島註冊成立的有限公司） （股份代號：1489） 有關 由華富建業證券有限公司為及 代表JUMBO FLAGS CAPITAL LIMITED 提出強制性無條件現金要約 以收購GC CONSTRUCTION HOLDINGS LIMITED 全部已發行股份 （JUMBO FLAGS CAPITAL LIMITED及其一致行動人士 已擁有及╱或同意將予收購的股份除外）之 綜合文件 要約人的財務顧問 要約人的要約代理 香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司對本綜合文件及接納表格之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本綜合 ...

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10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: GC Construction Holdings Limited 呈交日期: 2025年11月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01489 | 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 | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | ...

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聯合公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本聯合公 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。 聯合公告 延遲寄發有關 由華富建業證券有限公司為及 代表JUMBO FLAGS CAPITAL LIMITED 提出強制性無條件現金要約 以收購GC CONSTRUCTION HOLDINGS LIMITED 全部已發行股份 （JUMBO FLAGS CAPITAL LIMITED及其一致行動人士 已擁有及╱或同意將予收購的股份除外）之 綜合文件 本聯合公告僅供參考，並不構成收購、購買或認購GC Construction Holdings Limited的證券的邀請或要約或該等邀請或要約的一部分，亦非在任何司法管轄區 招攬任何投票權或批准，亦不得在與適用法律相牴觸的情況下於任何司法管轄區 出售、發行或轉讓GC Construction Holdings Limited的證券。本聯合公告不會在構 成違反任何司法管轄區相關法律的情況下於或向有關司法管轄區發佈、刊發或派發。 Jumbo Flags C ...

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9月30日 狀態: 新提交 FF301 致：香港交易及結算所有限公司 公司名稱: GC Construction Holdings Limited 呈交日期: 2025年10月8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) | 01489 | 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 | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 10,000,000,000 | HKD | | 0. ...

Group 1 - GC Construction (01489) announced the appointment of Lingzhi Enterprise Financing Limited as an independent financial advisor [1] - The advisory role involves providing opinions to the independent board committee regarding the fairness and reasonableness of an offer [1]