Core Viewpoint - Shun Hing Group Holdings (01637.HK) reported a significant decline in revenue and a reduction in losses for the six months ending September 30, 2025, compared to the previous year [1] Financial Performance - Revenue for the period was approximately HKD 164.6 million, down from HKD 330 million in 2024 [1] - Gross profit was approximately HKD 2.8 million, a recovery from a gross loss of HKD 1.2 million in 2024 [1] - The loss attributable to shareholders for the period was approximately HKD 3.9 million, improved from a loss of HKD 8.7 million in 2024 [1] - Basic loss per share was approximately HKD 0.01, compared to HKD 0.022 in 2024 [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was approximately HKD 164.57 million, a decrease of 50% compared to HKD 330.02 million for the same period in 2024[3] - Gross profit for the same period was approximately HKD 2.78 million, compared to a gross loss of HKD 1.22 million in 2024[3] - Loss attributable to owners for the period was approximately HKD 3.91 million, a reduction from a loss of HKD 8.75 million in the previous year[3] - Basic loss per share was HKD 0.01, improved from HKD 0.022 in the previous year[3] - Revenue decreased by approximately HKD 165.4 million or 50.1% to about HKD 164.6 million compared to the previous period of approximately HKD 330 million[24] - Basic loss per share was HKD (3,921) thousand for the six months ended September 30, 2025, compared to HKD (8,747) thousand for the same period in 2024[17] - Other income slightly decreased to approximately HKD 1.5 million from about HKD 1.7 million[33] - The group recorded other gains of approximately HKD 3.2 million, attributed to fair value gains on financial assets[34] - The group reported a pre-tax loss of approximately HKD 5.3 million, with an effective tax rate of about 26.6%[38] Revenue Breakdown - Revenue from the supply, installation, and maintenance of mechanical ventilation and air conditioning systems was HKD 130.46 million, down from HKD 251.08 million in 2024[12] - Revenue from the supply, installation, and maintenance of low-voltage electrical systems was HKD 34.11 million, down from HKD 78.94 million in 2024[12] - Revenue contribution from mechanical ventilation and air conditioning systems was approximately 79.3%, while low-voltage electrical systems contributed about 20.7% during the period[27] - Revenue decreased by approximately HKD 165.4 million or 50.1% to about HKD 164.6 million, with contributions from mechanical ventilation and low-voltage electrical systems at approximately 79.3% and 20.7% respectively[31] Assets and Liabilities - The company reported total assets of HKD 310.95 million as of September 30, 2025, compared to HKD 323.31 million as of March 31, 2025[5] - Current liabilities decreased to HKD 138.40 million from HKD 143.31 million in the previous period[5] - Trade receivables as of September 30, 2025, were HKD 32,556 thousand, down from HKD 86,258 thousand as of March 31, 2025[19] - Contract assets amounted to HKD 130,508 thousand as of September 30, 2025, compared to HKD 140,991 thousand as of March 31, 2025[21] - Trade payables were HKD 26,150 thousand as of September 30, 2025, compared to HKD 30,254 thousand as of March 31, 2025[22] - Cash and cash equivalents increased to HKD 150.73 million from HKD 97.52 million[5] - Cash and cash equivalents amounted to approximately HKD 150.7 million, up from HKD 97.5 million at the end of the previous period[41] - The group maintained a current ratio of approximately 2.2 times, slightly down from 2.3 times[41] - The group has no bank borrowings, resulting in a debt-to-equity ratio of zero[43] Corporate Governance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange listing rules and believes it has complied with all applicable provisions during the period[55] - The board of directors confirmed compliance with the standard code for securities transactions during the period[56] - No purchases, sales, or redemptions of the company's listed securities occurred during the period[57] - The audit committee reviewed the unaudited interim financial statements for the six months ending September 30, 2025, and found them compliant with applicable accounting standards[59] - The interim results have been reviewed by Deloitte, ensuring adherence to the relevant review standards[60] - The board of directors did not declare any interim dividend for the period[61] - No interim dividend was declared for the six months ended September 30, 2025, consistent with the previous year[18] - The interim report for 2025-26 will be published on the company's website and the Hong Kong Stock Exchange website[62] Business Expansion - Major projects awarded during the period included 5 projects with a total contract value of approximately HKD 16 million, compared to 3 projects valued at HKD 109.3 million in the previous year[25] - The group is actively expanding its service scope into fire protection systems and plumbing systems to diversify its project portfolio[29] - The company operates solely in Hong Kong, with all revenue generated from this region[13]

Core Viewpoint - Shun Hing Group Holdings (01637) anticipates a reduction of at least 35.0% in net loss for the six months ending September 30, 2025, compared to a net loss of approximately HKD 8.7 million for the six months ending September 30, 2024 [1] Group 1 - The expected decrease in net loss is primarily attributed to the implementation of effective cost control measures and improved operational efficiency [1] - An increase in the fair value of financial assets measured at fair value through profit or loss also contributes to the anticipated reduction in net loss [1]

Core Viewpoint - Shun Hing Group Holdings (01637) anticipates a reduction in net loss for the six months ending September 30, 2025, by no less than 35% compared to the net loss of approximately HKD 8.7 million for the six months ending September 30, 2024 [1] Group 1 - The expected decrease in net loss is attributed to effective cost control measures and improved operational efficiency [1] - An increase in the fair value of financial assets measured at fair value through profit or loss also contributes to the anticipated reduction in net loss [1]

格隆汇11月13日丨顺兴集团控股(01637.HK)宣布，将于2025年11月25日(星期二)举行董事会会议，以考 虑及批准(其中包括)集团截至2025年9月30日止六个月的未经审核中期业绩及宣派中期股息(如有)。 ...

Core Viewpoint - The company, Shun Hing Group Holdings (01637.HK), anticipates a reduction in net loss for the six months ending September 30, 2025, by no less than 35% compared to the net loss of approximately HKD 8.7 million for the six months ending September 30, 2024 [1] Group Factors - The expected decrease in net loss is primarily attributed to effective cost control measures and improved operational efficiency implemented by the company [1] - Additionally, there is an increase in the fair value of financial assets recognized in profit or loss [1]

本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」） 及潛在投資者，基於對本集團未經審核綜合管理賬目之初步評估及董事會目前 可獲得的資料，預期本集團於截至二零二五年九月三十日止六個月（「本期 間」）錄得之淨虧損較截至二零二四年九月三十日止六個月之淨虧損約870萬港 元將減少不低於35.0%。 本公告乃由順興集團（控股）有限公司（「本公司」，連同其附屬公司，「本 集 團 」 ） 根據香港聯合交易所有限公司證券上市規則 （ 「 上 市 規 則 」 ） 第 13.09(2)條及證券及期貨條例（香港法例第571章）第XIVA部之內幕消息條文 （定義見上市規則）而作出。 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。 董事會認為，預期本期間淨虧損減少主要歸因於以下因素： SH GROUP (HOLDINGS) LIMITED 順興集團（控股）有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1637） 盈利預告 承董事會命 順興集團（控股） ...

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。 SH GROUP (HOLDINGS) LIMITED 董事會會議通告 順興集團（控股）有限公司（「本公司」，連同其附屬公司，「本集團」）董事 （「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，以考慮及批准（其中包括）本集團截至二零二五年九月 三十日止六個月之未經審核中期業績及宣派中期股息（如有）。 承董事會命 順興集團（控股）有限公司 主席 俞長財 （於開曼群島註冊成立之有限公司） （股份代號：1637） 香港，二零二五年十一月十三日 於本公告日期，俞長財先生、劉文青先生及俞浩智先生為執行董事；俞紫慧女 士為非執行董事;及林炎南先生、李永基先生及羅文華博士為獨立非執行董事。 ...

致：香港交易及結算所有限公司 公司名稱: 順興集團（控股）有限公司 呈交日期: 2025年11月3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) | 01637 | 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 | | | 10,000,000,000 | HKD | | 0.01 | 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報表 截至月份: 2025年10月31日 狀態: 新提交 本月 ...

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 | 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) | 01637 | 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 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所 ...