Financial Performance - The company recorded revenue of approximately HKD 359.2 million for the six months ended September 30, 2025, a decrease of about 25.2% compared to HKD 480.0 million for the same period in 2024[5]. - Net profit decreased from approximately HKD 12.2 million for the six months ended September 30, 2024, to about HKD 3.0 million for the current period, primarily due to reduced revenue and declining gross margins[5]. - Gross profit decreased from approximately HKD 34.1 million to HKD 14.5 million, with gross margin dropping from 7.1% to 4.0%, primarily due to reduced revenue and intense market competition[16]. - Net profit fell from approximately HKD 12.2 million to HKD 3.0 million, mainly attributed to decreased revenue during the period[20]. - Revenue for the six months ended September 30, 2025, was HKD 359,216,000, a decrease of 25.2% compared to HKD 479,970,000 for the same period in 2024[33]. - Gross profit for the same period was HKD 14,472,000, down 57.6% from HKD 34,118,000 in 2024[33]. - Net profit for the period was HKD 3,013,000, a decline of 75.7% compared to HKD 12,182,000 in the previous year[33]. - Operating cash flow for the six months was HKD 37,615,000, down 40.1% from HKD 62,709,000 in 2024[37]. - The group reported a total segment profit of HKD 8,098,000, down 63.2% from HKD 22,039,000 in the previous year[47]. - The profit before tax was HKD 3,013,000, a decrease of 75.3% compared to HKD 12,183,000 for the same period in 2024[58]. Revenue Breakdown - Revenue from construction projects was approximately HKD 244.8 million, contributing about 68.1% of total revenue, down from HKD 330.7 million and 68.9% in the previous period[9]. - Revenue from construction machinery leasing was approximately HKD 114.4 million, compared to HKD 149.3 million in the previous period[8]. - Revenue from construction engineering was HKD 244,779,000, down 26.0% from HKD 330,662,000 in 2024[45]. - Revenue from construction machinery leasing was HKD 114,437,000, a decline of 23.4% from HKD 149,308,000 in 2024[45]. Market Conditions - The construction market remains under pressure with residential prices facing challenges and consumer sentiment being cautious[5]. - The Hong Kong government plans to invest an additional HKD 30 billion in infrastructure and housing projects over the next three years, providing a stable demand source for the construction industry[6]. - Major ongoing projects include the Northern Metropolis Development Strategy and various railway projects, despite a generally sluggish construction market[6]. - The outlook indicates a potential slowdown in overall market demand due to the completion of major projects, although government infrastructure initiatives are expected to provide stable public sector engineering opportunities[23]. Cost Management - Administrative expenses decreased to approximately HKD 10.5 million from HKD 11.6 million, mainly due to a reduction in employee-related costs[18]. - Financing costs decreased by 49.5% to approximately HKD 3.1 million, attributed to a reduction in outstanding interest-bearing debt and lower applicable interest rates[19]. - The group employed 349 staff as of September 30, 2025, down from 467, with total employee costs of approximately HKD 81.5 million compared to HKD 123.9 million in the previous period[27]. - Cash outflow from leases totaled approximately HKD 18,631,000 for the six months ended September 30, 2025, down from HKD 35,516,000 in the same period of 2024, a decrease of about 48%[71]. Assets and Liabilities - Total assets decreased to HKD 398,957,000 from HKD 409,360,000 as of March 31, 2025[34]. - Current liabilities decreased to HKD 230,268,000 from HKD 274,311,000[34]. - The company's net asset value increased to HKD 293,724,000 from HKD 290,711,000[35]. - The total trade receivables as of September 30, 2025, were HKD 240,688,000, a decrease of 17.0% from HKD 290,105,000 as of March 31, 2025[61]. - The group had a bank balance of approximately HKD 29.8 million as of September 30, 2025, with interest-bearing debt of approximately HKD 97.1 million, resulting in a debt-to-equity ratio of 33.0%, down from 40.3%[21]. Corporate Governance - The company maintains a strong commitment to corporate governance, emphasizing transparency and accountability to enhance shareholder value[80]. - The company has complied with the corporate governance code as per the listing rules, with a focus on enhancing governance practices[81]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited condensed consolidated interim financial information for the period[92]. - The company is committed to strengthening its corporate governance practices to align with its business operations and development[81]. Shareholder Information - As of September 30, 2025, Mr. Hu holds 244,398,000 shares, representing approximately 58.89% of the company's total shares[83]. - The company does not plan to declare any interim dividends for the period[22]. - The company did not declare or recommend any dividends for the six months ended September 30, 2025, nor for the same period in 2024[57]. - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[90].

FF301 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 進昇集團控股有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2025年12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) | 01581 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.05 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.05 HKD | | 100,000,000 | 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 ...

Core Viewpoint - The company reported a significant decline in revenue and profit for the six months ending September 30, 2025, primarily due to reduced construction activities and increased market competition [1] Financial Performance - Revenue for the period was approximately HKD 359.2 million, representing a year-on-year decrease of about 25.2% [1] - Gross profit was approximately HKD 14.5 million, down from HKD 34.1 million for the same period last year [1] - Gross margin decreased to approximately 4.0% [1] - Profit attributable to the company's owners was approximately HKD 3.013 million, a year-on-year decrease of 75.27% [1] - Earnings per share were approximately HKD 0.0073 [1] Operational Challenges - The decline in revenue was mainly attributed to reduced activities in construction projects and machinery leasing, particularly related to the three-runway system and Kai Tak Sports Park [1] - The overall construction market remains sluggish, contributing to the decrease in revenue [1] - Increased market competition has exerted pressure on pricing, leading to a decline in overall profitability [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was approximately HKD 359.2 million, a decrease of about 25.2% compared to HKD 479.97 million for the same period in 2024[4] - Gross profit for the six months ended September 30, 2025, was approximately HKD 14.5 million, down from HKD 34.1 million for the same period in 2024[4] - Gross margin decreased from approximately 7.1% for the six months ended September 30, 2024, to about 4.0% for the six months ended September 30, 2025[4] - Profit attributable to owners of the company for the six months ended September 30, 2025, was approximately HKD 3.0 million, compared to HKD 12.2 million for the same period in 2024[4] - Earnings per share for the six months ended September 30, 2025, was approximately HKD 0.73, down from HKD 2.94 for the same period in 2024[4] - The group's total segment profit for the six months was HKD 8.098 million, compared to HKD 22.039 million for the same period last year, reflecting a decrease of 63.2%[17] - The group reported an operating profit before tax of HKD 4.065 million for the six months ended September 30, 2025, compared to HKD 15.072 million for the same period in 2024[17] - The construction and machinery leasing segment reported a profit of approximately HKD 5,759,000 for the six months ended September 30, 2025, compared to HKD 13,033,000 in 2024[21] - Net profit decreased from approximately HKD 12.2 million for the six months ended September 30, 2024, to about HKD 3.0 million for the current period, primarily due to reduced revenue from construction engineering and machinery leasing activities[33] Revenue Breakdown - Revenue from construction engineering was HKD 244.779 million, down 26.0% from HKD 330.662 million in the previous year[13] - Revenue from construction machinery leasing was HKD 114.437 million, a decline of 23.4% from HKD 149.308 million in the prior year[13] - Revenue from construction engineering was approximately HKD 244.8 million, contributing about 68.1% of total revenue, down from HKD 330.7 million and 68.9% in the previous period[38] - Revenue from construction machinery leasing was approximately HKD 114.4 million, compared to HKD 149.3 million in the previous period[37] - Construction machinery rental income for the period was approximately HKD 114.4 million, accounting for 31.9% of total revenue, a slight increase from 31.1% in the previous period[42] Assets and Liabilities - Non-current assets as of September 30, 2025, amounted to approximately HKD 143.2 million, down from HKD 181.4 million as of March 31, 2025[6] - Current assets as of September 30, 2025, totaled approximately HKD 398.96 million, compared to HKD 409.36 million as of March 31, 2025[6] - Total liabilities as of September 30, 2025, were approximately HKD 230.27 million, down from HKD 274.31 million as of March 31, 2025[7] - Total equity attributable to owners of the company as of September 30, 2025, was approximately HKD 290.71 million, compared to HKD 293.72 million as of March 31, 2025[7] - Total assets as of September 30, 2025, were HKD 542.194 million, down from HKD 590.761 million as of March 31, 2025[20] - Total liabilities as of September 30, 2025, were HKD 248.470 million, a decrease from HKD 300.050 million as of March 31, 2025[20] - Trade receivables as of September 30, 2025, amounted to HKD 240,688,000, down from HKD 290,105,000 as of March 31, 2025, with an allowance for doubtful debts of HKD 33,443,000[29] - Trade payables decreased to HKD 51,459,000 as of September 30, 2025, from HKD 73,558,000 as of March 31, 2025[30] - Bank borrowings as of September 30, 2025, totaled HKD 56,497,000, a decrease from HKD 59,312,000 as of March 31, 2025, with a significant portion due within one year[31] Corporate Governance and Compliance - The company has adopted corporate governance practices to enhance shareholder value and protect stakeholder interests[60] - The company has complied with the corporate governance code, with the exception of a deviation regarding the separation of the roles of Chairman and CEO[61] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited interim financial information for the period[66] - The interim results announcement was published on the Hong Kong Stock Exchange and the company's website[67] Dividends and Future Outlook - The board of directors did not recommend the payment of an interim dividend for the six months ended September 30, 2025[4] - The company did not declare or recommend any dividends for the six months ended September 30, 2025, and 2024[26] - The outlook indicates a potential slowdown in market demand due to the completion of major projects, but the government continues to prioritize infrastructure and land development[50] - The group remains cautiously optimistic about long-term development despite challenges such as aging workforce and rising construction costs[51] Employee and Operational Metrics - As of September 30, 2025, the group employed 349 employees, a decrease from 467 employees as of September 30, 2024[54] - Total employee costs for the period amounted to approximately HKD 81.5 million, down from HKD 123.9 million for the six months ended September 30, 2024[54] - Administrative expenses decreased to approximately HKD 10.5 million from HKD 11.6 million, attributed to a reduction in employee numbers[45] Other Financial Information - Other income for the six months ended September 30, 2025, totaled HKD 3,737,000, a decrease from HKD 3,943,000 in 2024, with government subsidies increasing significantly from HKD 164,000 to HKD 1,755,000[22] - Financing costs decreased to HKD 3,124,000 for the six months ended September 30, 2025, down from HKD 6,183,000 in 2024, primarily due to lower bank borrowings and lease liabilities[23] - The deferred tax and income tax expenses for the six months ended September 30, 2025, were both HKD 1,052,000, a significant reduction from HKD 2,890,000 in 2024[24] - Financing costs decreased by approximately 49.5% to about HKD 3.1 million, due to a reduction in outstanding interest-bearing liabilities and lower applicable interest rates[46] - The group’s bank balance as of September 30, 2025, was approximately HKD 29.8 million, with interest-bearing liabilities at about HKD 97.1 million, resulting in a debt-to-equity ratio of approximately 33.0%[48] - Other income decreased from approximately HKD 3.9 million to about HKD 3.7 million, mainly due to a reduction in non-operating income[44] Projects and Market Conditions - The group has 22 ongoing projects with a total uncompleted contract value of approximately HKD 943.1 million, with 14 projects expected to be completed by March 31, 2026[39] - The Hong Kong government plans to inject an additional HKD 30 billion into infrastructure and housing projects over the next three years, providing stable potential demand for the construction industry[34] - The public sector's construction project reserves remain substantial, although the overall project rollout speed is slower than expected[34] - The group will continue to closely monitor market conditions and adopt prudent measures to assess business opportunities to support sustainable growth and enhance shareholder value[35]

Core Viewpoint - The company expects a significant decrease in profit for the six months ending September 30, 2025, with projected profit attributable to shareholders not exceeding HKD 3.2 million, compared to approximately HKD 12.2 million in the same period of 2024 [1] Group 1: Financial Performance - The anticipated profit decline is primarily attributed to a revenue decrease of approximately HKD 480 million, representing a 25% reduction compared to the same period in 2024 [1] - The decline in revenue is mainly due to reduced activities in construction projects and machinery leasing, particularly related to the three-runway system and Kai Tak Sports Park, alongside a generally sluggish construction market [1] Group 2: Market Conditions - The company is facing increased pressure on pricing due to intense market competition, which has contributed to a decline in overall profitability [1] - The drop in gross margin is a significant factor in the expected profit reduction, reflecting the challenges posed by the competitive landscape [1]

Core Viewpoint - The company expects a significant decrease in profit for the six months ending September 30, 2025, projecting a profit attributable to shareholders of no more than HKD 3.2 million, compared to approximately HKD 12.2 million for the same period in 2024 [1] Group 1: Financial Performance - The anticipated profit decline is primarily attributed to a revenue decrease of approximately HKD 480 million, representing a 25% reduction compared to the same period in 2024 [1] - The decline in revenue is mainly due to reduced activities in construction projects and machinery leasing, particularly related to the three-runway system and Kai Tak Sports Park, alongside a generally sluggish construction market [1] Group 2: Market Conditions - The company is facing increased pressure on pricing due to intense market competition, which has contributed to a decline in overall profitability [1] - The drop in gross profit margin is a direct result of these competitive pressures within the market [1]

Core Viewpoint - The company expects a significant decline in profit for the six months ending September 30, 2025, with an estimated profit attributable to shareholders not exceeding 3.2 million HKD, compared to approximately 12.2 million HKD for the same period in 2024 [1] Group 1: Financial Performance - The anticipated profit decrease is primarily attributed to a revenue decline of approximately 480 million HKD, representing a 25% decrease compared to the same period in 2024 [1] - The decline in revenue is mainly due to reduced activities in construction projects and machinery leasing, particularly related to the three-runway system and Kai Tak Sports Park, alongside a generally sluggish construction market [1] Group 2: Market Conditions - The company is facing increased pressure on pricing due to intense market competition, which has contributed to a decrease in overall profitability [1] - The drop in gross margin is a significant factor in the expected profit reduction, reflecting the challenges posed by the competitive landscape [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 – 1 – (i) 本期間收入較二零二四年同期約480,000,000港元減少約25%，主 要 由 於 本 期 間 建 築 工 程 及 建 築 機 械 租 賃 活 動（尤 其 是 與 三 跑 道 系 統 及 啟 德 體 育 園 有 關 的 活 動）減 少，以 及 建 築 市 場 普 遍 低 迷；及 (ii) 本 期 間 毛 利 率 下 跌，此 乃 由 於 市 場 競 爭 激 烈，對 定 價 構 成 壓 力 並 降 低 整 體 盈 利 能 力。 進昇集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號︰1581） 盈利警告 本 公 告 乃 由 進 昇 集 團 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」） 根 據 香 港 聯 合 交 易 所 ...

格隆汇11月12日丨进升集团控股(01581.HK)宣布，本公司将于2025年11月27日（星期四）举行董事会会 议，藉以（其中包括）审议及批准本公司及其附属公司截至2025年9月30日止六个月的未经审核中期业 绩及其刊发，以及考虑建议派付中期股息（如有）。 ...

Progressive Path Group Holdings Limited 進昇集團控股有限公司 （於開曼群島註冊成立的有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 （股份代號︰1581） 董事會會議召開日期 進 昇 集 團 控 股 有 限 公 司（「本公司」）董 事 會（「董事會」）謹 此 宣 佈，本 公 司 將 於 二 零 二 五 年 十 一 月 二 十 七 日（星 期 四）舉 行 董 事 會 會 議，藉 以（其 中 包 括）審 議 及 批准本公司及其附屬公司截至二零二五年九月三十日止六個月的未經審核中 期 業 績 及 其 刊 發，以 及 考 慮 建 議 派 付 中 期 股 息（如 有）。 承董事會命 進昇集團控股有限公司 主席及執行董事 胡永恆 香 港，二 零 二 五 年 十 一 月 十 二 日 於 本 公 ...