年報 2024 CONTENTS 目錄 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Chairman's Statement | 主席報告 | 5 | | Management Discussion and Analysis | 管理層討論及分析 | 9 | | Directors and Senior Management | 董事及高級管理層 | 20 | | Corporate Governance Report | 企業管治報告 | 31 | | Report of the Directors | 董事會報告 | 55 | | Connected Transactions | 關連交易 | 75 | | Independent Auditor's Report | 獨立核數師報告 | 82 | | Consolidated Statement of Profit or Loss | 綜合損益表 | 92 | | Consolidated Statement of Comprehensive Income | 綜合全面收益表 | ...

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。 CR Construction Group Holdings Limited 華營建築集團控股有限公司 截至二零二四年十二月三十一日止年度本集團的總毛利增加至約353.2百萬港元， 而截至二零二三年十二月三十一日止年度本集團的總毛利則為約306.0百萬港元。 截至二零二四年十二月三十一日止年度本公司權益持有人應佔溢利約53.7百萬 港元，而截至二零二三年十二月三十一日止年度則為約71.9百萬港元。 董事擬建議於本公司應屆股東週年大會上派發每股1.8港仙的末期股息，合共約 為9.0百萬港元。 1 華營建築集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本 公司及其附屬公司（統稱「本集團」）截至二零二四年十二月三十一日止年度（「報告 期間」）的綜合全年業績，連同截至二零二三年十二月三十一日止年度的比較數字 如下： 綜合損益表 截至二零二四年十二月三十一日止年度 （股份代號：1582） ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | 華 營 建 续 集 團 控 股 有 限 公 司 cr construction group holdings limited Stock Code 股份代號：1582 (Incorporated in the Cayman Islands with limited liability) (於開曼群島 ...

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。 CR Construction Group Holdings Limited 華營建築集團控股有限公司 （股份代號：1582） （於開曼群島註冊成立的有限公司） 截至二零二四年六月三十日止六個月之 中期業績公告 | --- | |--------------------------------------------------------------------------------------------------------------------------------------------| | | | 財務摘要 | | 本集團截至二零二四年六月三十日止六個月的總收益減少至約 2,773.2 百萬港元， | | 而截至二零二三年六月三十日止六個月則約為 2,832.1 百萬港元。 | | 本集團截至二零二四年六月三十日止六個月的毛利總額增加至約 188.1 百萬港元， 而截至二零二三年六月 ...

CONTENTS 目錄 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Chairman's Statement | 主席報告 | 5 | | Management Discussion and Analysis | 管理層討論及分析 | 9 | | Directors and Senior Management | 董事及高級管理層 | 21 | | Corporate Governance Report | 企業管治報告 | 31 | | Environmental, Social and Governance Report | 環境、社會及管治報告 | 55 | | Report of the Directors | 董事會報告 | 163 | | Connected Transactions | 關連交易 | 183 | | Independent Auditor's Report | 獨立核數師報告 | 196 | | Consolidated Statement of Profit or Loss | 綜合損益表 | 206 | ...

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。 CR Construction Group Holdings Limited 截至二零二三年十二月三十一日止年度之 全年業績公告 財務摘要 截至二零二三年十二月三十一日止年度本集團的總收益減少至約5,445.6百萬港 元，而截至二零二二年十二月三十一日止年度本集團的總收益為約6,409.4百萬 港元（經重列）。 截至二零二三年十二月三十一日止年度本集團的總毛利增加至約306.0百萬港元， 而截至二零二二年十二月三十一日止年度本集團的總毛利則為約256.5百萬港元（經 重列）。 截至二零二三年十二月三十一日止年度本公司權益持有人應佔溢利約71.9百萬 港元，而截至二零二二年十二月三十一日止年度則為約72.1百萬港元（經重列）。 若不包括共同控制下收購浙江建投環保工程有限公司所產生的重述，先前呈報 的本公司權益持有人應佔溢利於截至二零二二年十二月三十一日止年度應為約 56.5百萬港元。 董事擬建議於本公司應屆 ...

Business Performance - The total revenue for the Group for the six months ended June 30, 2023, decreased to approximately HK$2,832.1 million, compared to approximately HK$2,919.9 million for the same period in 2022, reflecting a decrease of about 3%[33]. - The total gross profit increased to approximately HK$150.5 million for the six months ended June 30, 2023, up from approximately HK$135.8 million for the same period in 2022, representing an increase of about 10%[34]. - Profit attributable to owners of the Company for the six months ended June 30, 2023, amounted to approximately HK$45.5 million, compared to approximately HK$41.5 million for the same period in 2022, marking an increase of about 10%[35]. - Revenue for the six months ended June 30, 2023, was HK$2,832,073,000, a decrease of 3.0% from HK$2,919,864,000 in the same period of 2022[197]. - Gross profit increased to HK$150,480,000, up 10.7% from HK$135,756,000 year-over-year[197]. - Profit for the period attributable to owners of the Company was HK$45,457,000, an increase of 9.6% from HK$41,460,000 in the same period last year[197]. Project Acquisition and Development - The Group was awarded a total of 6 new projects during the Reporting Period, generating revenue of approximately HK$2,832 million and a net profit of approximately HK$45.50 million[14]. - The successful acquisition of Zhejiang Construction Investment Environment Engineering Company Limited (ZCIEE) represents an expansion into new business areas, specifically environmental improvement and protection-related construction services[14]. - The Group plans to continue capitalizing on new development opportunities arising from Hong Kong's integration into the overall development of the country, with local construction tenders expected to grow due to large-scale projects like "Lantau Tomorrow" and "Northern Metropolis"[25]. - The Group's acquisition of ZCIEE is expected to expand its business presence and enhance profitability, contributing to environmental protection and ecological conservation in the PRC[25]. - During the Reporting Period, the Group was awarded 6 new projects with an aggregate original contract sum of approximately HK$0.4 billion and completed 9 projects totaling approximately HK$1.5 billion[42]. Financial Management and Costs - The Group's contract costs decreased by approximately HK$102.5 million or approximately 3.7% to approximately HK$2,681.6 million for the Reporting Period[73][77]. - Administrative expenses increased by approximately HK$8.5 million to approximately HK$80.9 million, mainly due to higher professional service fees incurred during the Reporting Period[83]. - Finance costs increased by approximately HK$11.1 million to approximately HK$19.1 million, attributed to the rise in HIBOR and additional borrowings[90]. - Income tax expenses rose by approximately HK$3.5 million or approximately 63.6% to approximately HK$8.9 million, with effective tax rates of approximately 16.2% for the Reporting Period[91]. Market Conditions and Economic Outlook - The economic recovery in the PRC and Hong Kong has been positive, although cost pressures have increased alongside this recovery[15]. - The construction industry in Hong Kong continues to face various impacts due to the changing economic environment post-pandemic[15]. - The Group anticipates that economic activities in Hong Kong will return to normal levels in the second half of 2023, although cost pressures are expected to increase[52]. Sustainability and Innovation - The Group is actively pursuing a sustainable development strategy and enhancing its diversified development[14]. - The Group's self-developed Digital Works Supervision System ("DWSS"), SmarTick Pro, obtained the ISO27001 Certification for Information Security Management System, making it the first company in Hong Kong to achieve this certification for DWSS[21]. - The Group aims to strengthen talent management by providing diversified training plans and development opportunities to enhance employee promotion mechanisms[26]. - The Group will deepen its diversified development strategy, focusing on innovative technologies such as smart construction sites and expanding its upstream and downstream development through investments and mergers[26]. Shareholder Information - An interim dividend of HK1.5 cents per share has been declared for shareholders, with the payment date set for September 12, 2023[36]. - The Board recommended an interim dividend of HK1.5 cents per ordinary share, down from HK2.5 cents in the previous period[101]. - As of June 30, 2023, the company had a total of 500,000,000 issued shares[162]. - The total number of shares held by substantial shareholders indicates a strong control over the company, with 72.23% held by a single entity[165].

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。 CR Construction Group Holdings Limited 華 營 建 築 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：1582） 截至二零二三年六月三十日止六個月之 中期業績公告 財務摘要 本集團截至二零二三年六月三十日止六個月的總收益減少至約2,832.1百萬港元， 而截至二零二二年六月三十日止六個月則約為2,919.9百萬港元（經重列）。 本集團截至二零二三年六月三十日止六個月的毛利總額增加至約150.5百萬港元， 而截至二零二二年六月三十日止六個月則約為135.8百萬港元（經重列）。 本公司截至二零二三年六月三十日止六個月的擁有人應佔溢利約為45.5百萬港元， 而截至二零二二年六月三十日止六個月則約為41.5百萬港元。若不包括共同控 制下收購浙江建投環保工程有限公司所產生的重述，先前呈報的本公司權益持 有人應佔溢利於截至二零二二年六月三十日止六個 ...

Financial Performance - Revenue for the year was approximately HK$6.3 billion, with a net profit of approximately HK$56.5 million[11]. - The Group's total revenue increased by approximately HK$1,376.5 million or approximately 28.1%, from approximately HK$4,890.1 million in 2021 to approximately HK$6,266.6 million in 2022[43][48]. - Revenue from building construction works rose by approximately HK$880.0 million or approximately 21.4%, from approximately HK$4,115.3 million in 2021 to approximately HK$4,995.3 million in 2022[44][49]. - Revenue from RMAA works surged by approximately HK$496.5 million or approximately 64.1%, from approximately HK$774.8 million in 2021 to approximately HK$1,271.3 million in 2022[45][50]. - Net profit increased by approximately HK$7.9 million, or about 16.3%, to approximately HK$56.5 million, with net profit margins of approximately 1.0% and 0.9% for the years ended December 31, 2021, and 2022, respectively[66]. Project Development - The Group was awarded 24 new projects in 2022, including 2 in Malaysia and 1 in the UK[11]. - The aggregate original contract sum reached approximately HK$9.7 billion, a record high for the Group[11]. - The Kai Tak public housing development project set a new record for the value of individual engineering contracts[11]. - The Group won 2 Modular Integrated Construction (MiC) projects during the reporting period, including 1 public MiC project[12]. - As of December 31, 2022, the Group had 48 projects on hand with an aggregate original contract sum of approximately HK$25.7 billion, up from 37 projects totaling HK$17.4 billion in the previous year[26]. Market Expansion - The Group expanded its operations in the UK market through investments and acquisitions while consolidating its presence in Malaysia[11]. - The Group intends to further expand its overseas market, particularly in Malaysia and the UK[19]. - The outlook for 2023 is expected to be more stable with the resumption of pre-COVID normalcy, although skilled labor shortages may continue to drive up project costs[29]. Operational Challenges - The construction industry in Hong Kong is facing challenges such as structural manpower shortages and rising wages, which are increasing project costs[19]. - The Group's contract costs increased by approximately HK$1,333.7 million or approximately 28.3%, from approximately HK$4,712.3 million in 2021 to approximately HK$6,046.0 million in 2022[52][57]. Sustainability and Governance - The Group actively promoted sustainable development and improved its environmental, social, and governance management[16]. - The Group's strategy focused on brand-building and a people-oriented approach to mitigate the impacts of the COVID-19 pandemic[16]. - The Company is committed to high standards of corporate governance to safeguard shareholder interests and enhance corporate value[190]. Leadership and Management - The company has a strong leadership team with extensive experience in the construction sector, enhancing its operational capabilities[130][136][143]. - The Group's senior management team includes professionals with extensive backgrounds in construction and engineering, ensuring strong operational oversight[169]. - The management team is committed to maintaining high standards of quality management across all projects, which is critical for client satisfaction and project delivery[171]. Financial Management - The company continues to manage its financial position prudently and maintains a conservative cash and financial management policy[107]. - The gearing ratio as of December 31, 2022, was approximately 14.9%, a decrease from approximately 16.4% in 2021[93]. - The group maintained a healthy liquidity position, with cash and cash equivalents increasing to approximately HK$93.3 million from approximately HK$69.1 million in 2021[95]. Future Outlook - The Group anticipates rapid growth in the construction business in the second half of 2023, increasing business opportunities[33]. - The company provided guidance for the next fiscal year, projecting revenue growth of A% and an expected EBITDA margin of B%[147]. - Future outlook remains positive, with management expressing confidence in achieving K% growth in the upcoming quarters[147].

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。 CR Construction Group Holdings Limited 華 營 建 築 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：1582） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 財務摘要 截至二零二二年十二月三十一日止年度本集團的總收益增加至約6,266.6 百萬港元，而截至二零二一年十二月三十一日止年度本集團的總收益 為約4,890.1百萬港元（經重列）。 截至二零二二年十二月三十一日止年度本集團的總毛利增加至約220.6 百萬港元，而截至二零二一年十二月三十一日止年度本集團的總毛利 則為約177.8百萬港元（經重列）。 截至二零二二年十二月三十一日止年度本公司權益持有人應佔溢利約 ...