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。 均安控股 KWAN ON HOLDINGS LIMITED 均安控股有限公司 （於開曼群島註冊成立的有限公司） （股票代號：1559） 2 4. 考慮及酌情通過（不論有否修訂）以下決議案為普通決議案： (A) 「動議： (i) 在下文第(ii)段之規限下，無條件授予董事一般授權，以於有關期 間（定義見下文）發行、配發及處置不超過本決議案獲通過當日本 公司已發行股份總數20%之本公司額外股份（不包括任何庫存股份， 而有關股份總數可於本決議案獲通過後因任何或全部本公司股份 轉換為數目較多或較少之本公司股份而作出調整），而該授權包括 授出要約、購股權、認股權證或權利以認購或將任何證券（包括債 券及可換股債券）轉換為可於有關期間內或之後行使或轉換之本公 司股份； (ii) 根據本決議案第(i)段之授權將配發及發行之任何本公司股份（不論 是否全部或部份以現金或其他方式收取），不得較本公司該等股份 之基準價（定義見下 ...

Kwan On Holdings Limited (the "Company") - Notification of publication of Circular dated 6 August 2025 containing Notice of Annual General Meeting (the "Current Corporate Communication") on website The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website at (www.kwanonconstruction.com) and the website of The Stock Exchange of Hong Kong Limited at www.hkexnews.hk respectively (the "Website Version"). The Company strongly recommends you to access ...

Kwan On Holdings Limited (the "Company") – Notice of publication of Circular dated 6 August 2025 containing Notice of Annual General Meeting and Proxy Form (the "Current Corporate Communication") on website KWAN ON HOLDINGS LIMITED 均安控股有限公司 (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：1559） NOTIFICATION LETTER 通知信函 Dear Shareholders. 6 August 2025 Note: Corporate Communications include any document(s) issued or to be issued by the Company for the information ...

KWAN ON HOLDINGS LIMITED 均安控股 日期：二零二五年 月 日 簽署（附註6）： 附註： 均安控股有限公司 （於開曼群島註冊成立的有限公司） （股票代號：1559） 適用於二零二五年股東週年大會（或其任何續會）的 代表委任表格 本人╱吾等（附註1） 地址為 為 均 安 控 股 有 限 公 司（「本公司」）股 本 中 每 股 面 值0.01港元的普通股（附註2 ） 股 的登記持有人，茲委任本公司股東週年大會主席或（附註3 ）， 地址為 為本人╱吾等的受委代表，代表本人╱吾等出席本公司謹訂於二零二五年九月十八日（星期四）上午十時正假座香港干諾 道西118號3401室舉行的股東週年大會（「大會」）及其任何續會以考慮並酌情通過召開大會通告所載的決議案，並按下列指 示於會上投票，或倘未有作出指示，則本人╱吾等的受委代表可酌情自行決定，以及就於大會及╱或其任何續會上正式提 呈的任何其他事項投票： | | 普通決議案（附註4） | 贊成（附註5） | 反對（附註5） | | --- | --- | --- | --- | | 1. | 省覽及採納本公司及其附屬公司截至二零二五年三月三十一日止年度之經審 ...

此乃要件 請即處理 閣下如已將名下所有均安控股有限公司之股份出售或轉讓，應立即將本通函及隨附之代表委任表 格送交買主或承讓人，或經手買賣之銀行、持牌證券交易商或其他代理商，以便轉交買主或承讓人。 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通函之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部分內容而產生或因倚賴該 等內容而引致之任何損失承擔任何責任。 本通函的資料（本公司之董事（「董事」）願共同及個別地承擔全部責任）乃遵照聯交所證券上市規則 而刊載，旨在提供有關本公司的資料。董事在作出一切合理查詢後，確認就彼等所深知及確信， 本通函所載資料在各重大方面均屬準確完備，並無誤導或欺詐成分，且並無遺漏任何其他事項， 致令本通函所載任何陳述或本通函有所誤導。 均安控股 KWAN ON HOLDINGS LIMITED 均安控股有限公司 （於開曼群島註冊成立的有限公司） （股票代號：1559） (1) 採納截至二零二五年三月三十一日止年度之經審核綜合財務報表 以及董事會報告與核數師報告、 (2) 續聘核數師、 (3) 重選退任董事及繼續委任任職超過九年之獨立非執行董事 ...

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。 均安控股 KWAN ON HOLDINGS LIMITED 均安控股有限公司 （於開曼群島註冊成立的有限公司） （股票代號：1559） 建議修訂本公司現有經修訂及重列組織章程細則及 採納本公司新組織章程細則 本公告由均安控股有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規 則（「上市規則」）第13.51(1)條刊發。 本公司董事（「董事」）會（「董事會」）建議推薦本公司股東（「股東」）修訂本公司現 有經修訂及重列組織章程細則（「現有組織章程細則」），藉此（其中包括）(i)使現有 組織章程細則與擴大無紙化上市制度及上市發行人以電子方式發放公司通訊以及 上市規則下的新庫存股份制度一致；及(ii)作出其他內務修訂（「建議修訂」）。此外， 董事會建議採納新一套組織章程細則（「新細則」），以納入建議修訂。 建議修訂及採納新細則須待股東於本公司舉行之應屆股東週年大會（「股東週年大 會」）上以特別決議案方式批 ...

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: | 均安控股有限公司 | | | | | | 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) | 01559 | 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 (-) | | | | HKD | | | | 本月底結存 | 10,000,000 ...

(於開曼群島註冊成立之有限公司) 股份代號 : 1559 2025 年 報 目錄 公司資料 2 主席報告 3 董事及高級管理層履歷 6 管理層討論與分析 10 企業管治報告 17 董事會報告 36 獨立核數師報告 47 綜合損益及其他全面收益表 53 綜合財務狀況表 55 綜合權益變動表 57 綜合現金流量表 59 綜合財務報表附註 61 五年財務摘要 164 公司資料 董事會 執行董事 陳正華先生 （主席） 張方兵先生 （行政總裁） 曹累先生 （於二零二四年九月二日辭任） 孫笑然先生 （於二零二五年四月十四日獲委任） 非執行董事 李玉萍女士 （於二零二四年十二月十一日獲委任） 獨立非執行董事 林誠光教授 林柏森先生 龔振志先生 公司秘書 馮國衛先生 監察主任 張方兵先生 授權代表 張方兵先生 馮國衛先生 審核委員會 林柏森先生 （主席） 林誠光教授 龔振志先生 薪酬委員會 林誠光教授 （主席） 林柏森先生 張方兵先生 提名委員會 龔振志先生 （主席） 林誠光教授 陳正華先生 風險管理委員會 林柏森先生 （主席） 林誠光教授 龔振志先生 核數師 國富浩華（香港）會計師事務所有限公司 法律顧問 姚黎李律師行 註 ...

[Financial Performance Summary](index=2&type=section&id=Financial%20Performance) This section provides an overview of the Group's financial performance, including key figures from the consolidated statement of profit or loss and other comprehensive income, and the consolidated statement of financial position [Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=2&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The Group's total loss significantly narrowed to HKD 79.65 million for the reporting year, primarily due to reduced losses from discontinued operations and a one-off gain from their disposal, despite a 34.3% year-on-year decrease in revenue from continuing operations to HKD 316 million and a shift from a gross loss of HKD 39.8 million to a gross profit of HKD 3.78 million Consolidated Statement of Profit or Loss Key Metrics (HKD thousands) | Indicator | 2025 | 2024 | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Revenue from Continuing Operations** | 316,272 | 481,271 | -34.3% | | Gross Profit / (Loss) | 3,784 | (39,797) | Returned to Profitability | | Loss for the Year from Continuing Operations | (66,133) | (84,734) | Loss narrowed by 22.0% | | Loss for the Year from Discontinued Operations | (13,520) | (105,464) | Loss narrowed by 87.2% | | **Total Loss for the Year** | (79,653) | (190,198) | Loss narrowed by 58.1% | | Loss Attributable to Owners of the Company | (80,160) | (155,403) | Loss narrowed by 48.4% | | Basic Loss Per Share (HK cents) | (4.29) | (8.31) | Loss narrowed by 48.4% | [Consolidated Statement of Financial Position](index=4&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of March 31, 2025, the Group's total assets significantly decreased to HKD 196 million from HKD 651 million in the prior year, with total liabilities also falling from HKD 517 million to HKD 153 million, and net assets declining by 67.8% to HKD 43.07 million, mainly due to the loss for the year and derecognition of assets and liabilities from the disposal of the Hong Kong civil engineering business Consolidated Statement of Financial Position Key Metrics (HKD thousands) | Indicator | March 31, 2025 | March 31, 2024 | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Non-current Assets | 23,702 | 56,972 | -58.4% | | Current Assets | 172,344 | 593,764 | -71.0% | | **Total Assets** | **196,046** | **650,736** | **-69.9%** | | Current Liabilities | 152,709 | 516,204 | -70.4% | | Non-current Liabilities | 268 | 932 | -71.2% | | **Total Liabilities** | **152,977** | **517,136** | **-70.4%** | | **Net Assets** | **43,069** | **133,600** | **-67.8%** | | Equity Attributable to Owners of the Company | 75,671 | 170,011 | -55.5% | [Management Discussion and Analysis](index=15&type=section&id=Management%20Discussion%20and%20Analysis) This section provides a detailed review of the Group's operational and financial performance, strategic initiatives, and future outlook [Business Review](index=15&type=section&id=Business%20Review) During the year, the Group completed a significant corporate restructuring by disposing of its loss-making Hong Kong civil engineering subsidiary, realizing a one-off gain of approximately HKD 18.1 million, aiming to reduce financial burden and refocus resources on core businesses in mainland China and Southeast Asia, while also securing new engineering contracts in Cambodia totaling approximately HKD 230 million - Strategic Disposal: The Group disposed of its Hong Kong civil engineering business, which incurred a loss of **HKD 31.7 million** for the current year (compared to a loss of HKD 105.5 million in the prior year)[34](index=34&type=chunk) - Disposal Gain: The disposal resulted in a one-off gain of approximately **HKD 18.1 million**, enabling the Group to focus more effectively on its core businesses in mainland China and Southeast Asia[34](index=34&type=chunk) - New Market Expansion: The Group secured several new engineering contracts in Cambodia, including the construction of a factory for a renowned tire manufacturer, with a total contract value of approximately **HKD 230.8 million**[35](index=35&type=chunk) - Project Suspension: A condominium project in the Philippines was suspended after the completion of piling works due to the owner's financial difficulties, with the Group pursuing approximately **HKD 13.6 million** in outstanding payments[35](index=35&type=chunk) [Financial Review](index=16&type=section&id=Financial%20Review) The Group's total revenue decreased to HKD 448.6 million for the year, but the loss attributable to owners of the Company significantly narrowed from HKD 155.4 million to HKD 80.2 million, primarily due to reduced losses from discontinued operations and a gain from their disposal, while continuing operations saw reduced revenue but a return to gross profit due to the elimination of prior year's one-off losses, alongside a significant increase in impairment losses on financial and contract assets, and notable decreases in administrative expenses and finance costs [Overall Financial Performance](index=16&type=section&id=Overall%20Financial%20Performance) Total revenue for the current year was approximately HKD 448.6 million, a decrease from approximately HKD 654.4 million in the previous year, with the loss attributable to owners of the Company significantly reduced from approximately HKD 155.4 million to approximately HKD 80.2 million, mainly due to narrowed losses from discontinued operations and recognized disposal gains Overall Performance Overview (HKD) | Indicator | Current Year | Prior Year | | :--- | :--- | :--- | | Revenue | Approx. HKD 448.6 million | Approx. HKD 654.4 million | | Loss Attributable to Owners of the Company | Approx. HKD 80.2 million | Approx. HKD 155.4 million | [Segment Performance](index=17&type=section&id=Segment%20Performance) Revenue from continuing construction and property development operations decreased by 13.1% to HKD 260.9 million, mainly due to project completion in mainland China and Malaysia, but gross profit turned from a loss of HKD 39.8 million in the prior year to a profit of HKD 3.8 million due to the elimination of a one-off property disposal loss, while trading business revenue decreased to HKD 55.4 million with a slight gross profit - Construction and property development segment (continuing operations) revenue decreased by **13.1%** year-on-year to **HKD 260.9 million**, primarily due to project completion in mainland China and Malaysia and withdrawal from a Philippine project[40](index=40&type=chunk) - This segment's gross profit turned from a loss to a profit, recording a gross profit of **HKD 3.8 million** (compared to a gross loss of HKD 39.8 million in the prior year), mainly due to a one-off loss of approximately **HKD 50.8 million** recognized from the disposal of a property under development in the Philippines in the prior year[42](index=42&type=chunk) - Trading business revenue was approximately **HKD 55.4 million** (compared to HKD 72.1 million in the prior year), recording a gross profit of approximately **HKD 0.06 million**[43](index=43&type=chunk) [Key P&L Items Analysis](index=18&type=section&id=Key%20P%26L%20Items%20Analysis) Net impairment loss on financial and contract assets surged to HKD 40.4 million this year, mainly from significant provisions for receivables in mainland China and the Philippines, while administrative expenses decreased to HKD 26.4 million due to lower staff costs and professional fees, and finance costs significantly reduced to HKD 0.3 million as no related financing costs were incurred after the disposal of the Philippine property in the prior year - Net impairment loss on financial and contract assets increased from **HKD 3.4 million** to **HKD 40.4 million**, primarily due to significant provisions for receivables in the construction segment in mainland China (impairment of **HKD 21.7 million**) and the Philippines (impairment of **HKD 19 million**)[44](index=44&type=chunk) - Administrative expenses decreased from **HKD 31.3 million** to **HKD 26.4 million**, mainly benefiting from lower staff costs and professional fees[46](index=46&type=chunk) - Finance costs significantly decreased from **HKD 7.8 million** to **HKD 0.3 million**, primarily because the property under development in the Philippines was disposed of in the prior year, resulting in no related finance costs in the current year (approximately HKD 6.9 million in the prior year)[47](index=47&type=chunk) [Liquidity and Capital Resources](index=19&type=section&id=Liquidity%20and%20Capital%20Resources) As of March 31, 2025, the Group's net current assets decreased to HKD 19.6 million, with the current ratio slightly declining to 1.13 times, while the gearing ratio (net debt/total equity + net debt) improved from 40% to 23%, indicating a reduction in debt levels Liquidity and Financial Ratios | Indicator | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | Net Current Assets | Approx. HKD 19.6 million | Approx. HKD 77.6 million | | Current Ratio | Approx. 1.13 times | Approx. 1.15 times | | Gearing Ratio | Approx. 23% | Approx. 40% | [Material Acquisitions and Disposals](index=20&type=section&id=Material%20Acquisitions%20and%20Disposals) During the reporting year, the Group's sole material transaction was the disposal of its subsidiary engaged in civil engineering business in Hong Kong, which was completed on March 31, 2025, and resulted in a net gain on disposal of approximately HKD 18.1 million for the Group - As of March 31, 2025, the Group completed the disposal of its subsidiary primarily engaged in civil engineering business in Hong Kong, which constituted a major transaction for the Company[53](index=53&type=chunk) - This disposal resulted in a net gain on disposal of approximately **HKD 18.1 million** recognized in the profit or loss for the current year[53](index=53&type=chunk)[39](index=39&type=chunk) [Employees and Remuneration](index=21&type=section&id=Employees%20and%20Remuneration) As of March 31, 2025, the Group employed 16 full-time staff, with total staff costs (including directors' emoluments) amounting to approximately HKD 15.2 million, a decrease from HKD 17.8 million in the prior year, and remuneration is determined based on market levels and individual performance Staff Data | Indicator | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | Number of Full-time Employees | 16 | - | | Staff Costs (including directors' emoluments) | Approx. HKD 15.2 million | Approx. HKD 17.8 million | [Notes to Financial Statements](index=6&type=section&id=Notes%20to%20Financial%20Statements) This section provides detailed disclosures and explanations for specific line items and accounting policies presented in the financial statements [3. Segment Information](index=8&type=section&id=3.%20Segment%20Information) The Group's operations are divided into three segments: construction, property development, and trading, with continuing operations revenue for the current year primarily from construction (HKD 261 million) and trading (HKD 55.39 million), while property development generated no revenue, and the continuing construction segment recorded a loss of HKD 48.76 million, the trading segment a loss of HKD 1.67 million, and the discontinued construction business generated HKD 132 million in revenue with a loss of HKD 31.79 million Segment Revenue and Results (2025, HKD thousands) | Segment | Revenue from Continuing Operations | Results from Continuing Operations | Revenue from Discontinued Operations | Results from Discontinued Operations | | :--- | :--- | :--- | :--- | :--- | | Construction | 260,880 | (48,759) | 132,303 | (31,790) | | Property Development | – | – | – | – | | Trading | 55,392 | (1,672) | – | – | | **Subtotal/Total** | **316,272** | **(50,431)** | **132,303** | **(31,790)** | [4. Revenue, other gains and other income/(losses), net](index=10&type=section&id=4.%20Revenue%2C%20other%20gains%20and%20other%20income%2F(losses)%2C%20net) Total revenue for the current year was HKD 448.6 million, with continuing operations contributing HKD 316.3 million, primarily from construction works (HKD 393.2 million) and trading of building and chemical materials (HKD 55.39 million), while property sales revenue (HKD 109 million) from the prior year was zero in the current year Revenue from Contracts with Customers Breakdown (Total, HKD thousands) | Revenue Type | 2025 | 2024 | | :--- | :--- | :--- | | Construction and Maintenance Works | 393,183 | 473,413 | | Sales of Properties | – | 108,967 | | Trading of Building and Chemical Materials | 55,392 | 72,072 | | **Total** | **448,575** | **654,452** | [9. Loss per share](index=13&type=section&id=9.%20Loss%20per%20share) Basic loss per share for the current year significantly narrowed to HK 4.29 cents from HK 8.31 cents in the prior year, with loss per share from continuing operations at HK 3.57 cents and from discontinued operations at HK 0.72 cents, and no diluted loss per share presented due to the absence of potential dilutive shares during the year Basic Loss Per Share (HK cents) | Operation | 2025 | 2024 | | :--- | :--- | :--- | | Continuing Operations | (3.57) | (2.67) | | Discontinued Operations | (0.72) | (5.64) | | **Total** | **(4.29)** | **(8.31)** | [8. Dividends](index=13&type=section&id=8.%20Dividends) The Company neither declared nor proposed any dividends for the years ended March 31, 2025, and 2024 - The Company neither declared nor proposed any dividends during the reporting year or subsequent to the reporting period[30](index=30&type=chunk) [Other Information](index=21&type=section&id=Other%20Information) This section covers additional disclosures including corporate governance practices and the scope of work of the external auditor [Corporate Governance Practices](index=21&type=section&id=Corporate%20Governance%20Practices) The Company is committed to maintaining good corporate governance and complied with most provisions of the Corporate Governance Code during the reporting year, with a deviation noted as the Board only held two regular meetings, falling short of the recommended quarterly and at least four annual meetings, though the Company believes sufficient communication was ensured through electronic means and plans to increase meeting frequency in the future - The Company deviated from Corporate Governance Code provision C.5.1 during the reporting year, which requires the Board to meet at least four times a year[61](index=61&type=chunk) - Only two regular Board meetings were held during the year, but management regularly reported to the Board via electronic communication, and important decisions were approved by written resolutions[62](index=62&type=chunk) [Scope of Work of External Auditor](index=23&type=section&id=Scope%20of%20Work%20of%20External%20Auditor) The Group's auditor, Crowe (HK) CPA Limited, has agreed the financial statement figures presented in this results announcement with the Group's audited consolidated financial statements for the current year, but their work does not constitute an assurance engagement, and thus no opinion is expressed on this announcement - The auditor, Crowe (HK) CPA Limited, has confirmed that the financial data in this announcement is consistent with the audited consolidated financial statements[67](index=67&type=chunk)

Revenue and Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 189,396,000, a slight increase from HKD 187,737,000 in the same period of 2023, representing a growth of approximately 0.88%[48] - The group's revenue from construction-related segments decreased from HKD 187.7 million to approximately HKD 134 million, primarily due to a reduction of HKD 44.5 million in government construction project revenue in Hong Kong and HKD 30.7 million in private construction project revenue in Malaysia[4] - The cost of services decreased to HKD 190,580,000 from HKD 206,994,000, resulting in a gross loss of HKD 1,184,000 compared to a gross loss of HKD 19,257,000 in the previous year[48] - The pre-tax loss for the period was HKD 23,212,000, significantly improved from a pre-tax loss of HKD 49,755,000 in the prior year, indicating a reduction of approximately 53.4%[48] - The total comprehensive loss for the period was HKD 27,703,000, down from HKD 72,863,000 in the same period last year, reflecting a decrease of about 62%[51] - Basic and diluted loss per share improved to HKD 1.25 from HKD 2.76, indicating a reduction in loss per share of approximately 54.7%[59] - The company reported a loss of HKD 23,431,000 for the six months ended September 30, 2024, compared to a loss of HKD 51,535,000 for the same period in 2023, representing a 54.5% improvement[99] Expenses and Cost Management - Administrative expenses for the reporting period were approximately HKD 19.4 million, a decrease from HKD 27.6 million for the six months ended September 30, 2023, attributed to efficiency measures implemented by management[9] - Financial costs for the reporting period totaled approximately HKD 4.2 million, down from HKD 5.8 million for the six months ended September 30, 2023, mainly due to a reduction in bank loan balances[10] - Employee costs for the reporting period were approximately HKD 26.3 million, down from HKD 53.4 million for the six months ended September 30, 2023[17] - The company reported a decrease in bank loan interest expenses to HKD 4,096 thousand for the six months ended September 30, 2024, down from HKD 6,478 thousand in the same period of 2023, a reduction of 36.73%[94] - The company incurred a current tax expense of HKD 78 thousand for the six months ended September 30, 2024, compared to HKD 1,111 thousand in the same period of 2023, indicating a decrease of 92.97%[96] Assets and Liabilities - Total assets as of September 30, 2024, amounted to HKD 644,041 thousand, a decrease from HKD 650,736 thousand as of March 31, 2024, reflecting a decline of 1.43%[88] - Total liabilities increased to HKD 538,064 thousand as of September 30, 2024, compared to HKD 517,136 thousand as of March 31, 2024, representing an increase of 4.03%[88] - The company's equity attributable to owners decreased to HKD 141,638,000 from HKD 170,011,000, reflecting a decline of approximately 16.7%[62] - Non-current assets as of September 30, 2024, totaled HKD 48,967,000, down from HKD 56,972,000 as of March 31, 2024, representing a decrease of about 14.1%[61] - Current assets increased to HKD 595,074,000 from HKD 593,764,000, showing a slight growth of approximately 0.22%[61] - Current liabilities rose to HKD 536,787,000 from HKD 516,204,000, indicating an increase of about 3.9%[61] Cash Flow and Financing - For the six months ended September 30, 2024, the net cash generated from operating activities was HKD 10,594 thousand, a significant improvement from a net cash used of HKD (39,476) thousand in the same period of 2023[67] - The net cash used in investing activities was HKD (5,765) thousand, compared to HKD (10,583) thousand in the prior year, indicating a reduction in cash outflow[67] - The net cash used in financing activities was HKD (7,816) thousand, a decrease from HKD 35,680 thousand in the previous year, reflecting improved cash management[67] - The total cash and cash equivalents increased by HKD 8,543 thousand, compared to a decrease of HKD (14,379) thousand in the same period last year[67] - As of September 30, 2024, the group had bank balances and cash of approximately HKD 36.6 million, an increase from approximately HKD 26.5 million as of March 31, 2024[12] Share Capital and Dividends - The company reported a total issued share capital of 1,039,456,250 shares, representing approximately 55.61% ownership by major shareholders[31] - The company did not declare any interim dividends for the period ending September 30, 2023[43] - No interim dividend was declared for the six months ended September 30, 2024, consistent with the previous year[131] Shareholder Information - Major shareholders include Huaguan Group Limited, Jiangsu Provincial Construction Group, and Greenland Infrastructure Group, all holding 55.61% of the issued share capital[31] - The company’s major shareholder, Chen Zhenghua, holds a significant interest through Huaguan Group, which is wholly owned by Jiangsu Provincial Construction Group[33] - The company has not received any notifications of interests from other individuals outside of the disclosed major shareholders[34] Legal and Compliance - The company is required to maintain a register of interests and positions held by directors and senior management as per the Securities and Futures Ordinance[28] - Legal claims against the group as of September 30, 2024, included ten cases with individual claims exceeding HKD 1,000,000, totaling approximately HKD 184,000,000, with a provision of HKD 7,200,000 recognized[132] - The company is currently in litigation with a subcontractor regarding claims for unpaid subcontractor fees[116] Related Party Transactions - Related party transactions during the reporting period included financial guarantees amounting to HKD 27,559,000 and HKD 63,305,000 payable to a related company, Jiangsu Provincial Construction Engineering Group Co., Ltd., compared to HKD 28,670,000 and HKD 72,930,000 in the previous year[129] - The total remuneration for key management personnel during the reporting period was approximately HKD 4,162,000, a decrease from HKD 5,565,000 for the six months ended September 30, 2023[130] Foreign Exchange and Risks - The group has no significant foreign exchange risks other than certain receivables and contract assets denominated in foreign currencies, with no capital commitments or significant contingent liabilities as of September 30, 2024[15] - The company reported a foreign exchange gain of HKD 1,668 thousand, compared to a loss of HKD (294) thousand in the same period last year[80]