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之任何損失承 擔任何責任。 HYGIEIA GROUP LIMITED ( 於開曼群島註冊成立的有限公司 ) 承董事會命 Hygieia Group Limited 主席 卓榮貴 於本公告日期，執行董事為卓榮貴先生、 Peh Poon Chew 先生及卓麗秋女士；及獨立非執 行董事為梁志恒先生、劉振榮先生及王旭先生。 (股份代號: 1650) 董事會會議召開日期 Hygieia Group Limited（「本公司」）之董事（「董事」）會（「董事會」）謹此宣佈，本 公司將於二零二五年八月二十八日（星期四）舉行董事會會議，藉以（其中包括）考慮及批 准本公司及其附屬公司截至二零二五年六月三十日止六個月之未經審核中期業績，以 及考慮派發中期股息（如有）。 新加坡，二零二五年八月十四日 ...

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: | Hygieia Group Limited | | | | | | 呈交日期: | 2025年8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) | 01650 | 說明 | | | | 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 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 FF301 II. 已發行股份及/ ...

Group 1 - The total local government debt balance in China reached 50,165 billion yuan as of the end of March 2025 [1] - General debt amounts to 17,022.5 billion yuan, while special debt totals 33,142.5 billion yuan [1] - The total amount of government bonds is 50,004.6 billion yuan, with non-government bond forms of government debt at 160.4 billion yuan [1] Group 2 - The average remaining maturity of local government bonds is 10.0 years, with general bonds at 5.9 years and special bonds at 12.2 years [1] - The average interest rate for local government bonds is 2.99%, with general bonds at 3.08% and special bonds at 2.95% [1]

Financial Performance - The group's revenue for the year ended December 31, 2024, was SGD 74.697 million, representing a 12.3% increase from SGD 66.538 million in 2023[9] - The group reported a profit before tax of SGD 1.348 million for 2024, compared to a profit of SGD 552,000 in 2023[9] - Total revenue for the year ended December 31, 2024, was approximately SGD 74.7 million, an increase of about 12.3% compared to SGD 66.5 million for the year ended December 31, 2023, driven by new large contracts in Singapore and organic growth in Thailand's environmental services[14] - Cost of sales for the year ended December 31, 2024, was approximately SGD 63.6 million, an increase of about 10.4% from SGD 57.5 million for the year ended December 31, 2023[15] - Gross profit increased from approximately SGD 9.0 million for the year ended December 31, 2023, to approximately SGD 11.1 million for the year ended December 31, 2024, with gross margin rising from 13.5% to 14.9%[16] - Net profit for the year ended December 31, 2024, was approximately SGD 822,000, an increase of about 73.1% compared to SGD 475,000 for the year ended December 31, 2023[22] - The board proposed a final dividend of SGD 0.002 per share for the year ended December 31, 2024, compared to SGD 0.0015 per share for 2023[23] Assets and Liabilities - Total assets decreased to SGD 40.995 million in 2024 from SGD 44.475 million in 2023[10] - The total liabilities of the group were SGD 13.062 million in 2024, down from SGD 14.381 million in 2023[10] - The equity attributable to the company's owners was SGD 27.817 million in 2024, a decrease from SGD 30.049 million in 2023[10] - As of December 31, 2024, the group's current assets were approximately SGD 37.0 million, with a current ratio of 3.0, down from 3.4 as of December 31, 2023[24] - The net cash position as of December 31, 2024, indicated that cash and cash equivalents exceeded bank borrowings, making the net debt-to-equity ratio not applicable[24] Operational Efficiency and Investments - The group aims to enhance productivity through investments in technology and training, despite a competitive environment in the Singapore environmental services industry[13] - The group continues to invest in digital solutions to improve operational efficiency and decision-making processes[12] - The group has 311 ongoing service contracts as of March 28, 2025, with an outstanding contract value of approximately SGD 66.9 million[12] - The company is committed to maintaining its market leadership in the environmental services sector through innovation and process improvement[7] - The group may explore additional investment opportunities that could yield extra returns[13] Employee and Management Information - As of December 31, 2024, the group had a total of 2,690 full-time employees and 156 part-time employees, an increase from 2,464 full-time and 145 part-time employees as of December 31, 2023[79] - The total salary cost incurred by the group for the year ended December 31, 2024, was SGD 53,199,000, compared to SGD 44,158,000 in 2023, reflecting an increase of approximately 20.5%[79] - Peh Poon Chew has nearly 40 years of experience in the cleaning industry, having joined the group in June 2002 as Operations Director[35] - Ms. Chok Li Qiu has over 25 years of experience in the cleaning industry and has been responsible for financial management and compliance since 2008[36] - Mr. Wang Xu has extensive experience in auditing, accounting, and financial management across various industries, including automotive and construction[37] - Mr. Liu Zhenrong has served as an independent non-executive director since September 1, 2023, and has a background in accounting and finance[40] - Mr. Liang Zhi Heng has over 20 years of experience in corporate finance and capital market transactions, currently serving as the financial reporting head at Newlinks Technology Limited[41] Corporate Governance - The company has a strong focus on compliance with statutory and regulatory obligations, ensuring proper financial management and reporting[36] - The management team includes individuals with diverse backgrounds in finance, operations, and compliance, enhancing the company's governance structure[39] - The board includes independent directors with significant experience in various sectors, contributing to effective oversight and strategic direction[37] - The company emphasizes the importance of operational management and customer relations in its service delivery[35] - The board has established a dividend policy to ensure appropriate procedures for declaring and recommending dividends, allowing shareholders to share in the company's profits while retaining liquidity for future growth opportunities[58] - The company has a financial secretary with over 17 years of experience in accounting and finance, previously holding positions at Ernst & Young and other firms[47] - The company has established three committees to oversee specific functions as part of good corporate governance[138] Environmental, Social, and Governance (ESG) Initiatives - The board of directors is responsible for overseeing the group's environmental, social, and governance (ESG) matters, with a sustainable development committee assisting in the management of these issues[161] - The group has set environmental goals related to greenhouse gas emissions, energy efficiency, waste management, and water consumption, with annual reviews to track progress[163] - The group reported a significant reduction in nitrogen oxides (NOx) emissions, decreasing from 921.1 kg in FY2023 to 484.9 kg in FY2024, representing a reduction of approximately 47.4%[180] - Sulfur oxides (SOx) emissions also decreased from 1.1 kg in FY2023 to 0.9 kg in FY2024, a reduction of about 18.2%[180] - Particulate matter (PM) emissions fell from 85.8 kg in FY2023 to 46.5 kg in FY2024, marking a decrease of approximately 45.8%[180] - The group aims to achieve carbon neutrality in accordance with government targets, with a 25% increase in greenhouse gas emissions density compared to FY2021, which was 2.0 tons of CO2 equivalent per million SGD revenue[183] - The greenhouse gas emissions density for FY2024 decreased by about 32.4% compared to FY2023, primarily due to improved operational efficiency leading to a reduced fleet size[183] - The group has identified 16 significant environmental, social, and governance (ESG) issues through internal assessments, which will guide their ESG reporting and strategy[173] - The group has implemented various environmental, social, and governance-related goals and regularly monitors these objectives to enhance stakeholder understanding[176] Risk Management - The company faces market risks related to interest rates, credit, and liquidity, with details on risk management measures provided in the financial statements[55] - The board is responsible for assessing and determining the nature and extent of risks related to the group's operations, continuously reviewing the internal control system[152] - The company has adopted a three-tier risk management approach to identify, assess, and manage various risks[153] - The audit committee conducts an annual review of the effectiveness of the internal control and risk management systems, covering significant financial, operational, and compliance controls[153] Shareholder Communication and Relations - The company has adopted a shareholder communication policy to ensure shareholders and potential investors can access balanced and easily understandable information[157] - The company emphasizes the importance of effective communication with shareholders to enhance their understanding of the group's business and performance[160] - The company has arranged appropriate liability insurance for legal claims against directors[115] Miscellaneous - The company was incorporated as an exempted company in the Cayman Islands on February 28, 2019, and its shares were listed on the main board of the Stock Exchange on July 3, 2020[50] - The annual general meeting is scheduled for May 15, 2025[56] - The group made charitable donations totaling SGD 9,750 during the reporting period[54] - The company has not engaged in any significant legal disputes as of December 31, 2024[82] - The company has not entered into any equity-linked agreements as of December 31, 2024[84]

Financial Performance - The audited revenue for the year ended December 31, 2024, was approximately SGD 74.7 million, an increase of about SGD 8.2 million or 12.3% compared to SGD 66.5 million for the year ended December 31, 2023[4] - The audited profit after tax for the year ended December 31, 2024, was approximately SGD 822,000, an increase of about SGD 347,000 or 73.1% compared to SGD 475,000 for the year ended December 31, 2023[4] - Basic and diluted earnings per share for the year ended December 31, 2024, were SGD 0.0004, compared to SGD 0.0002 for the year ended December 31, 2023[4] - The total comprehensive income for the year ended December 31, 2024, was SGD 839,000, compared to SGD 474,000 for the year ended December 31, 2023[6] - The company reported a gross profit of SGD 11.146 million for the year ended December 31, 2024, compared to SGD 8.992 million for the year ended December 31, 2023[5] - Operating profit for the year ended December 31, 2024, was SGD 1.526 million, an increase from SGD 755,000 for the year ended December 31, 2023[5] - The company reported a profit attributable to owners of 756 thousand SGD in 2024, up from 454 thousand SGD in 2023, representing a growth of 66.5%[25] - Net profit for the year ended December 31, 2024, was approximately SGD 822,000, a significant increase of about 73.1% from SGD 475,000 for the year ended December 31, 2023[40] Revenue and Growth - Revenue from cleaning services increased to 74,611 thousand SGD in 2024, up from 66,454 thousand SGD in 2023, representing a growth of 12.9%[15] - Total revenue for 2024 reached 74,697 thousand SGD, compared to 66,538 thousand SGD in 2023, marking an increase of 12.9%[15] - Revenue from Singapore was 64,301 thousand SGD in 2024, up from 58,860 thousand SGD in 2023, reflecting a growth of 9.8%[17] Assets and Liabilities - Total assets as of December 31, 2024, were SGD 40.995 million, a decrease from SGD 44.475 million as of December 31, 2023[7] - Total liabilities as of December 31, 2024, were SGD 13.062 million, down from SGD 14.381 million as of December 31, 2023[8] - The company’s cash and cash equivalents as of December 31, 2024, were SGD 10.387 million, down from SGD 12.217 million as of December 31, 2023[7] - Trade receivables decreased slightly to 13,906 thousand SGD in 2024 from 14,066 thousand SGD in 2023, a decline of 1.1%[27] Expenses - Employee benefits expenses rose to 53,199 thousand SGD in 2024, compared to 44,158 thousand SGD in 2023, an increase of 20.5%[19] - Administrative expenses increased from approximately SGD 8.6 million for the year ended December 31, 2023, to approximately SGD 10.1 million for the year ended December 31, 2024[35] - The cost of sales for the year ended December 31, 2024, was approximately SGD 63.6 million, up about 10.4% from SGD 57.5 million for the year ended December 31, 2023[33] Dividends - The board proposed a final dividend of SGD 0.002 per share for the year ended December 31, 2024[4] - The company declared a final dividend of 0.002 SGD per share for the year ending December 31, 2024, subject to shareholder approval[26] - The board proposed a final dividend of SGD 0.002 per share for the year ended December 31, 2024, compared to SGD 0.0015 per share for the previous year[41] Company Operations and Governance - The group had 311 ongoing service contracts as of March 28, 2025, with an outstanding contract value of approximately SGD 66.9 million[30] - The group confirmed government subsidies totaling approximately SGD 1.5 million for the year ended December 31, 2024, compared to SGD 0.6 million for the previous year[34] - The company is committed to enhancing productivity through investments in technology and training, despite anticipated competitive pressures in the Singapore environmental services industry[31] - The company employed 2,846 employees as of December 31, 2024, an increase from 2,609 employees as of December 31, 2023[51] - The company has established a progressive salary scheme for local and permanent resident employees in compliance with Singapore's labor regulations[51] - The audit committee, consisting of three independent non-executive directors, has reviewed the financial statements for the year ending December 31, 2024, ensuring compliance with applicable accounting principles[54] - The company has independent non-executive directors to ensure governance and oversight[65] - The company has a diverse board of directors with expertise in different areas[65] Listing and Compliance - The company is listed on the Hong Kong Stock Exchange since July 3, 2020[63] - The company operates under the International Financial Reporting Standards[63] - The company maintains the required public float as per listing rules as of the announcement date[58] - The annual general meeting for shareholders is scheduled for May 15, 2025[59] - The company will suspend share transfer registration from May 12 to May 15, 2025, to determine shareholder eligibility for the annual general meeting[60] Strategic Initiatives - The largest allocation of funds is for cash flow mismatches, accounting for 52.2% of the total net proceeds, amounting to SGD 6.17 million[50] - The net amount raised from the company's listing is approximately SGD 11.8 million, with a revised allocation disclosed on December 21, 2023[50] - As of December 31, 2024, the company has utilized SGD 9.61 million of the net proceeds, leaving SGD 2.215 million unutilized[50] - The company is involved in various sectors, including environmental management and contracting services[63] - The company has a quality management system standard based on multiple quality management principles, including customer focus and continuous improvement[63] - The company has achieved the highest financial level in the FM02 category of the Singapore contractor registration system[63] - The company is committed to maintaining a clean and green environment in Singapore, as mandated by the National Environment Agency[63]

Revenue and Profitability - For the six months ended June 30, 2024, the total revenue of Hygieia Group Limited was approximately SGD 37.0 million, an increase of about 18.8% compared to SGD 31.1 million for the same period in 2023[6]. - Revenue for the six months ended June 30, 2024, was 36,982 thousand SGD, an increase of 18.5% compared to 31,120 thousand SGD for the same period in 2023[62]. - Clean services revenue reached 36,940 thousand SGD, up from 31,078 thousand SGD, reflecting a growth of 18.5% year-over-year[62]. - The net profit for the six months ended June 30, 2024, was approximately SGD 1.2 million, compared to SGD 92,000 for the same period in 2023[11]. - Operating profit increased significantly to 1,554 thousand, compared to 262 thousand in the previous year, marking a growth of 493.5%[33]. - Net profit for the period was 1,150 thousand, a substantial increase from 92 thousand in 2023, reflecting a year-over-year growth of 1,150%[33]. - The company reported a net profit attributable to shareholders of 1,092 thousand SGD for the six months ended June 30, 2024, compared to 76 thousand SGD in the same period of 2023, marking a significant increase[73]. - Basic and diluted earnings per share for the period were 0.055, compared to 0.0038 in the previous year, indicating a significant improvement[33]. Costs and Expenses - The cost of sales for the same period was approximately SGD 30.9 million, representing an increase of about 14.2% from SGD 27.1 million in 2023[7]. - The administrative expenses increased from approximately SGD 4.0 million in 2023 to approximately SGD 4.6 million in 2024, primarily due to increased employee benefits and professional fees[8]. - The financial costs decreased from approximately SGD 109,000 in 2023 to SGD 96,000 in 2024, mainly due to reduced interest expenses from borrowings[9]. - Employee benefits expenses increased to 25,041 thousand SGD, a rise of 22.5% from 20,401 thousand SGD in the previous year[67]. Assets and Liabilities - As of June 30, 2024, the group's current assets were approximately SGD 36.9 million, with cash and cash equivalents of about SGD 7.9 million[12]. - Total assets as of June 30, 2024, were 41,494 thousand, down from 44,475 thousand at the end of 2023[39]. - Current liabilities amounted to 11,257 thousand, slightly down from 11,676 thousand at the end of 2023[46]. - The total liabilities as of June 30, 2024, amounted to 7,419 thousand SGD, down from 8,218 thousand SGD as of December 31, 2023, indicating a decrease of approximately 9.7%[81]. - The company’s cash and cash equivalents decreased to 7,861 thousand SGD at the end of the period from 12,217 thousand SGD at the beginning of the period, indicating a decline of approximately 35.5%[55]. Contracts and Government Support - As of August 29, 2024, the group had 315 ongoing service contracts with an outstanding contract value of approximately SGD 81.4 million[4]. - The group confirmed government subsidies totaling approximately SGD 0.8 million for the six months ended June 30, 2024, compared to SGD 0.5 million in the previous year[8]. Employee and Operational Metrics - As of June 30, 2024, the group employed approximately 3,029 employees, an increase from 2,609 employees as of December 31, 2023[20]. - The group is focused on enhancing productivity through investments in technology and training, despite anticipated challenges in the Singapore environmental services industry[5]. - The group aims to establish and enhance its market position in the environmental services sector while providing consistent high-quality cleaning services[5]. Cash Flow and Dividends - Cash flow from operating activities showed a net outflow of 2,501 thousand SGD for the six months ended June 30, 2024, compared to an outflow of 1,818 thousand SGD for the same period in 2023, representing a worsening of cash flow performance[55]. - The company paid dividends totaling 3,000 thousand SGD during the period, an increase from 2,000 thousand SGD in the previous year, reflecting a commitment to returning value to shareholders[55]. - The company did not declare an interim dividend for the six months ended June 30, 2024, while a dividend of 3,000 thousand SGD was declared for the previous year[75]. Financial Reporting and Standards - The company has adopted new and revised International Financial Reporting Standards effective from January 1, 2024, which may impact future financial reporting and disclosures[59].

Financial Performance - The group's unaudited revenue for the six months ended June 30, 2024, was approximately SGD 37.0 million, an increase of about SGD 5.9 million or 18.8% compared to SGD 31.1 million for the same period in 2023[2] - The group's unaudited profit after tax for the six months ended June 30, 2024, was approximately SGD 1.2 million, an increase of about SGD 1.1 million compared to SGD 92,000 for the same period in 2023[2] - Basic and diluted earnings per share for the six months ended June 30, 2024, were SGD 0.055, compared to SGD 0.0038 for the same period in 2023[2] - The total comprehensive income for the six months ended June 30, 2024, was SGD 1.149 million, compared to SGD 107,000 for the same period in 2023[3] - The operating profit for the six months ended June 30, 2024, was SGD 1.554 million, compared to SGD 262,000 for the same period in 2023[3] - For the six months ended June 30, 2024, the company reported a profit attributable to owners of the company of 1,092 thousand SGD, a significant increase from 76 thousand SGD in the same period of 2023, representing a growth of 1,356.6%[26] - Basic and diluted earnings per share for the six months ended June 30, 2024, were 0.055 SGD, compared to 0.0038 SGD for the same period in 2023, reflecting an increase of 1,342.1%[26] - Revenue for the six months ended June 30, 2024, grew by 18.8% compared to the same period in 2023, driven by new large projects in Singapore and organic growth in the environmental services business in Thailand[33] Assets and Liabilities - The total assets as of June 30, 2024, were SGD 41.494 million, a decrease from SGD 44.475 million as of December 31, 2023[6] - The total liabilities as of June 30, 2024, were SGD 13.251 million, down from SGD 14.381 million as of December 31, 2023[6] - The equity attributable to the owners of the company as of June 30, 2024, was SGD 28.140 million, a decrease from SGD 30.049 million as of December 31, 2023[6] - The company’s trade receivables increased to 16,116 thousand SGD as of June 30, 2024, from 14,066 thousand SGD as of December 31, 2023, marking a growth of 14.5%[28] - The company’s total liabilities decreased to 7,419 thousand SGD as of June 30, 2024, from 8,218 thousand SGD as of December 31, 2023, a reduction of 9.7%[32] Cash Flow and Investments - The company generated a net cash inflow from investing activities of 2,707 thousand SGD, compared to a net cash outflow of 259 thousand SGD in the previous year[11] - Operating cash flow used was 2,501 thousand SGD for the first half of 2024, compared to 1,818 thousand SGD in the same period of 2023[11] - The company paid dividends of 3,000 thousand SGD, an increase from 2,000 thousand SGD in the previous year, reflecting a 50% increase[11] - The cash outflow from financing activities was 4,561 thousand SGD, compared to 3,920 thousand SGD in the same period last year, indicating an increase of 16.3%[11] Revenue Sources - The revenue from cleaning services was 36,940 thousand SGD, up from 31,078 thousand SGD, reflecting a growth of 18.5% year-over-year[19] - The company’s revenue from Singapore was 32,036 thousand SGD, up from 27,597 thousand SGD, marking a growth of 16.6% year-over-year[20] Expenses and Costs - Employee benefits expenses increased to 25,041 thousand SGD, up from 20,401 thousand SGD, representing a rise of 22.5% year-over-year[23] - Cost of sales for the same period was approximately SGD 30.9 million, up about 14.2% from SGD 27.1 million in 2023[36] - Gross profit increased from approximately SGD 4.1 million to about SGD 6.1 million, with the gross margin rising from 13.1% to 16.4% due to reduced labor-related expenses and increased government subsidies[37] - Administrative expenses increased from approximately SGD 4.0 million to SGD 4.6 million, primarily due to higher employee benefits and professional fees[38] Taxation - Tax expenses for the six months ended June 30, 2024, were approximately SGD 307,000, with an effective tax rate of 21.1%, compared to SGD 61,000 and 39.9% in 2023[42] - The effective corporate tax rate for Singapore was maintained at 17% for both periods under review[24] Employee and Governance - As of June 30, 2024, the group employed approximately 3,029 employees, an increase from 2,609 employees as of December 31, 2023, reflecting a growth of about 16%[52] - The company has established a progressive salary scheme for Singapore citizens and permanent residents, ensuring compliance with the Ministry of Manpower's salary levels for various cleaning workers[52] - The company is committed to high standards of corporate governance and has adopted a corporate governance code to ensure transparency and accountability to shareholders[53] - The company has not reported any significant labor disputes during the reporting period, indicating good employee relations[52] - The company is compliant with the Singapore Central Provident Fund Act, making mandatory contributions for local and permanent resident employees[52] Future Outlook and Strategy - The company has invested in digital solutions to enhance productivity and improve decision-making, aligning with the shift from headcount-based to outcome-based cleaning contracts[33] - The company anticipates continued challenges in the Singapore environmental services industry but aims to enhance productivity through investments in technology and training[34] Corporate Actions - The company has entered into an agreement to acquire 51% of Dongxing Life Convenience Store (Shenzhen) Co., Ltd. for HKD 34.2 million[48] - The company confirmed government grants totaling approximately SGD 0.8 million for the period, up from SGD 0.5 million in the previous year[37] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited interim results for the six months ended June 30, 2024, confirming compliance with applicable accounting principles and full disclosure[55] - The interim report for the six months ended June 30, 2024, will be sent to shareholders and published on the company's website at an appropriate time[59] Other Information - The company has established a cleaning score certification program to recognize businesses providing high-standard cleaning services through training and fair employment practices[58] - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the reporting period[56] - The company has maintained the required public float as per listing rules as of the announcement date[57] - Other income decreased from approximately SGD 183,000 to SGD 95,000 due to lower average balances of fixed bank deposits and lower interest income[41] - Interest income decreased to 90 thousand SGD from 183 thousand SGD, indicating a decline of 50.8% year-over-year[21]

Financial Performance - The group's revenue for the year ended December 31, 2023, was SGD 66.538 million, an increase of 3.33% compared to SGD 63.425 million in 2022[10] - The group reported a pre-tax profit of SGD 0.552 million for 2023, recovering from a loss of SGD 1.371 million in 2022[10] - Total assets decreased to SGD 44.475 million in 2023 from SGD 46.871 million in 2022, representing a decline of 5.93%[11] - The total liabilities of the group were SGD 14.381 million in 2023, down from SGD 15.274 million in 2022, a reduction of 5.85%[11] - Total revenue for the year ended December 31, 2023, was approximately SGD 66.5 million, an increase of about 4.9% compared to SGD 63.4 million for the year ended December 31, 2022, driven mainly by growth in the Thai market[17] - Cost of sales for the year ended December 31, 2023, was approximately SGD 57.5 million, up about 5.0% from SGD 54.8 million for the year ended December 31, 2022[18] - Gross profit increased from approximately SGD 8.6 million for the year ended December 31, 2022, to approximately SGD 9.0 million for the year ended December 31, 2023, with a slight decrease in gross margin from 13.6% to 13.5%[20] - Administrative expenses decreased from approximately SGD 10.0 million for the year ended December 31, 2022, to approximately SGD 8.6 million for the year ended December 31, 2023[21] - Net profit for the year ended December 31, 2023, was approximately SGD 0.5 million, an increase of about 129.7% compared to a net loss of SGD 1.6 million for the year ended December 31, 2022[26] - Other income increased from approximately SGD 121,000 for the year ended December 31, 2022, to approximately SGD 406,000 for the year ended December 31, 2023, mainly due to increased interest income from longer-term fixed deposits[23] - Tax expenses decreased to approximately SGD 77,000 for the year ended December 31, 2023, from SGD 228,000 for the year ended December 31, 2022, due to a reduction in taxable income[25] - Financial costs decreased from approximately SGD 275,000 for the year ended December 31, 2022, to SGD 203,000 for the year ended December 31, 2023, primarily due to reduced interest expenses on borrowings[22] Operational Highlights - The group held 293 ongoing service contracts as of March 28, 2024, with an outstanding contract value of approximately SGD 78.0 million[15] - The company aims to enhance productivity through investments in technology and training, despite increasing competition in the environmental services industry in Singapore[16] - The group has over 25 years of experience in the environmental services sector and holds an L6 level FM02 license, allowing it to bid for public sector contracts of unlimited value[14] - The company is committed to maintaining its market leadership in the environmental services industry by investing in digital technologies and skill enhancement projects[8] - The group has implemented an ISO 9001:2015 certified quality management system for its cleaning and housekeeping services[14] - The management remains vigilant and adaptable to ensure the company continues to lead in the competitive environmental services market[16] Corporate Governance - The company emphasizes the importance of good corporate governance to enhance management and protect shareholder interests[153] - The company has adopted corporate governance practices to ensure effective accountability and aims to enhance shareholder value through ethical principles[157] - The board of directors has maintained a high attendance rate, with all executive directors attending 100% of board meetings and annual general meetings[162] - Independent non-executive directors contribute diverse business and financial expertise, ensuring compliance with listing rules regarding their appointment[164] - The board has established mechanisms to ensure independent viewpoints are obtained, with a majority of independent non-executive directors[165] - The board is responsible for setting and approving the group's development, business strategies, policies, and annual budgets[166] - The company emphasizes the importance of internal control systems and risk management, with the board playing a crucial role in their implementation and monitoring[166] - The company has maintained compliance with corporate governance codes, except for a specific provision which is explained in detail[157] Risk Management - The board is responsible for assessing and determining the nature and extent of risks related to the group's operations[191] - The company has adopted a three-tier risk management approach to identify, assess, and manage various risks[191] - The board conducted an annual review of the effectiveness of the internal control and risk management systems for the year ending December 31, 2023, and deemed them effective and adequate[192] - The company is committed to effective risk management systems to address various operational and market risks[75] Employee and Management Structure - The group employed 2,464 full-time employees and 145 part-time employees as of December 31, 2023, an increase from 1,736 full-time and 168 part-time employees in 2022[105] - The management team has a strong educational background, with qualifications including MBA and degrees in accounting and finance from reputable institutions[48][52] - The management team has experience in overseeing significant projects that have garnered recognition, showcasing the company's capability in project execution[50] - The company has appointed a new auditor, Guo Wei Accounting Firm, effective from April 20, 2021, for the fiscal year ending December 31, 2023[155] Shareholder Communication - The company has adopted a shareholder communication policy to ensure timely and equal access to information for shareholders and potential investors[198] - As of December 31, 2023, the company has reviewed the implementation and effectiveness of its shareholder communication policy, maintaining sufficient communication channels with shareholders[198] - The board can convene a special general meeting upon request from shareholders holding at least 10% of the voting rights[199] - Shareholders can submit written requests to the board for specific transactions or matters, with a response required within 21 days[199] - The company emphasizes the importance of effective communication with shareholders to enhance their understanding of the business and performance[199] - The company maintains a website to publish the latest information regarding its operations, financial data, and corporate governance[199] - Shareholders can direct inquiries to the company secretary for any questions related to the company[200]

智通财经APP获悉，HYGIEIA GROUP(01650)涨超40%，截止发稿涨40.22%，报0.129港元，成交额894万港元。 消息面上，公司公布，于2024年4月18日，该公司拟向东星控股(武汉)有限公司收购东星生活便利店(深圳)有限公司的51%股权，代价为3420万港元，将于完成后透过发行可换股票据支付，票据初步转换价为每股转换股份0.09港元。 据悉，目标公司主要从事经营东星生活便利店品牌的综合便利店及提供电子商务╱线上便利店服务。于本公告日期，目标公司拥有一间非全资附属公司武汉天玄贸易有限公司。董事会经考虑中国消费支出的增加趋势及卖方提供的溢利保证，董事会相信，收购事项为集团提供宝贵商机以拓展其业务及多元化其收益来源。 ...

智通财经APP讯，HYGIEIA GROUP(01650)公布，于2024年4月18日，该公司拟向东星控股(武汉)有限公司收购东星生活便利店(深圳)有限公司的51%股权，代价为3420万港元，将于完成后透过发行可换股票据支付，票据初步转换价为每股转换股份0.09港元。 据悉，目标公司主要从事经营东星生活便利店品牌的综合便利店及提供电子商务╱线上便利店服务。于本公告日期，目标公司拥有一间非全资附属公司武汉天玄贸易有限公司。 董事会经考虑中国消费支出的增加趋势及卖方提供的溢利保证，董事会相信，收购事项为集团提供宝贵商机以拓展其业务及多元化其收益来源。 ...