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 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 | | | 致：香港交易及結算所有限公司 公司名稱: Hygieia Group Limited 呈交日期: 2026年1月2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 | | | | | | | | | | | 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, ...

【财华社讯】12月16日午盘，截至发稿，港股涨幅榜前十名分别为果下科技(02655.HK)涨幅131.34%、 和嘉控股(00704.HK)涨幅96.97%、HYGIEIA GROUP(01650.HK)涨幅22.32%、奥邦建筑(01615.HK)涨幅 19.64%、圆美光电(08311.HK)涨幅18.18%、南方两倍做空MSTR-U(09399.HK)涨幅17.81%、南方两倍做 空MSTR(07399.HK)涨幅17.34%、新利软件(08076.HK)涨幅16.67%、天臣控股(01201.HK)涨幅15.38%、 南方两倍做空Coinbase(07311.HK)涨幅14.78%。 本文源自：财华网 序号代码名称涨跌额(%)最新价102655.HK果下科技+131.3446.500200704.HK和嘉控股 +96.970.130301650.HKHYGIEIA GROUP+22.320.137401615.HK奥邦建筑+19.640.335508311.HK圆美光 电+18.180.130609399.HK南方两倍做空MSTR-U+17.8110.090707399.HK南方两倍做空 MSTR+1 ...

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 | | | 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12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) | 01650 | 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： ...

致：香港交易及結算所有限公司 公司名稱: Hygieia Group Limited 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 | | | 呈交日期: 2025年11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 | | | | | | | | | | | 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： ...

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 | | | 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10月3日 FF301 II. 已發行股份及/或庫存股份變動 | 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 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 2,000,000,000 | | 0 | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 2,000,000,000 | | 0 | | 2,000,000,000 | 第 2 頁 共 10 頁 v 1.1.1 I. 法定/註冊股本變 ...

Financial Performance - For the six months ended June 30, 2025, the total revenue of Hygieia Group Limited was approximately SGD 39.4 million, representing a 6.4% increase compared to SGD 37.0 million for the same period in 2024[13]. - Gross profit increased from approximately SGD 6.1 million for the six months ended June 30, 2024, to approximately SGD 7.4 million for the same period in 2025, with the gross margin improving from 16.4% to 18.9%[15]. - Net profit for the six months ended June 30, 2025, was approximately SGD 2.1 million, up from SGD 1.2 million for the same period in 2024[21]. - For the six months ended June 30, 2025, the company reported revenue of 39,351 thousand SGD, an increase of 6.5% from 36,982 thousand SGD in the same period of 2024[51]. - Operating profit increased to 2,744 thousand SGD, representing a 76.7% increase compared to 1,554 thousand SGD in 2024[51]. - The net profit for the period was 2,120 thousand SGD, a 84.3% increase from 1,150 thousand SGD in the previous year[51]. - Basic and diluted earnings per share rose to 0.104 SGD, compared to 0.055 SGD in 2024, reflecting a 89.1% increase[51]. - The company reported a profit attributable to owners of the company of 2,082,000 SGD for the six months ended June 30, 2025, compared to 1,092,000 SGD in 2024, representing an increase of 90.8%[77]. - Basic and diluted earnings per share for the six months ended June 30, 2025, were 0.104 SGD, compared to 0.055 SGD in 2024, indicating an increase of 89.1%[77]. Revenue and Expenses - The cost of sales for the same period was approximately SGD 31.9 million, an increase of about 3.2% from SGD 30.9 million in 2024[14]. - Administrative expenses increased to approximately SGD 4.8 million for the six months ended June 30, 2025, from SGD 4.6 million in 2024, primarily due to higher employee benefits and professional fees[16]. - Tax expenses for the six months ended June 30, 2025, were approximately SGD 561,000, with an effective tax rate of 20.9%, compared to SGD 307,000 and 21.1% in 2024[20]. - Total employee benefits expenses for the six months ended June 30, 2025, amounted to 28,212,000 SGD, up from 25,041,000 SGD in 2024, reflecting an increase of 8.7%[71]. - The company’s income tax expense for the six months ended June 30, 2025, was 561,000 SGD, compared to 307,000 SGD in 2024, representing an increase of 83.6%[76]. - The company’s total financial costs decreased to 63,000 SGD for the six months ended June 30, 2025, from 97,000 SGD in 2024, a reduction of 35.1%[74]. Assets and Liabilities - As of June 30, 2025, the group's current assets were approximately SGD 33.9 million, with cash and cash equivalents of about SGD 10.3 million[22]. - The group's current liabilities were approximately SGD 11.3 million, resulting in a current ratio of 3.0[22]. - Total assets decreased to 37,743 thousand SGD from 40,995 thousand SGD, a decline of 7.5%[53]. - Total liabilities also decreased to 11,688 thousand SGD from 13,062 thousand SGD, a reduction of 10.5%[53]. - The company's equity attributable to owners decreased to 25,900 thousand SGD from 27,817 thousand SGD, a decline of 6.9%[53]. - Total trade receivables as of June 30, 2025, were 14,160,000 SGD, an increase from 13,358,000 SGD as of December 31, 2024[80]. - Total trade and other payables as of June 30, 2025, were 8,080,000 SGD, down from 8,586,000 SGD as of December 31, 2024, reflecting a decrease of 5.9%[84]. Cash Flow and Dividends - Cash flow from operating activities for the six months ended June 30, 2025, was 3,015 thousand SGD, a significant improvement from a cash outflow of 2,501 thousand SGD in 2024[56]. - The company paid dividends of 4,000 thousand SGD during the six months ended June 30, 2025, compared to 3,000 thousand SGD in the same period of 2024, indicating a 33.3% increase in dividend payments[56]. - The company recognized a total of 4,000,000 SGD in dividends for the year-end 2024, compared to 3,000,000 SGD for the year-end 2023[79]. Contracts and Investments - As of August 28, 2025, the group had 301 ongoing service contracts with an outstanding contract value of approximately SGD 65.8 million[10]. - The net proceeds from the company's listing amounted to approximately SGD 11.8 million, with SGD 9.7 million utilized and SGD 2.1 million remaining unutilized as of June 30, 2025[33]. - The company has no major investments, acquisitions, or disposals during the six months ended June 30, 2025[27]. Employee and Operational Insights - The company employed approximately 3,047 employees as of June 30, 2025, an increase from 2,609 employees as of December 31, 2024[34]. - The group plans to continue investing in technology and employee training to enhance productivity and maintain its market leadership in the environmental services industry[11]. - The company did not have any customers contributing over 10% of total revenue for the periods ended June 30, 2025, and June 30, 2024[65]. Regulatory and Compliance - The audit committee reviewed the unaudited interim results for the six months ended June 30, 2025, confirming compliance with applicable accounting principles[40]. - The company is subject to the listing rules of the Hong Kong Stock Exchange[86]. - The company operates under the regulatory framework established by the National Environment Agency of Singapore[86]. - The company adheres to the standards of conduct for securities trading as outlined in the listing rules[86].

FF301 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8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9月2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 | | | | | | 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 | | | ...

[Announcement Information](index=1&type=section&id=Announcement%20Information) This section covers the interim results announcement for Hygieia Group Limited for the six months ended June 30, 2025, reviewed by the Audit Committee and approved by the Board [Announcement Statement](index=1&type=section&id=Announcement%20Statement) This announcement presents Hygieia Group Limited's interim results for the six months ended June 30, 2025, reviewed by the Audit Committee and approved by the Board - The Board of Directors of Hygieia Group Limited (the "Company" and its subsidiaries, collectively the "Group") is pleased to announce the interim results and unaudited condensed consolidated financial information for the six months ended June 30, 2025[3](index=3&type=chunk) - These results have been reviewed by the Audit Committee and approved by the Board of Directors on August 28, 2025[3](index=3&type=chunk) [Financial Highlights](index=1&type=section&id=Financial%20Highlights) The Group achieved significant growth in revenue and profit after tax in the first half of 2025, with doubled earnings per share, but no interim dividend was declared 2025 H1 Financial Highlights (S$ Thousand) | Indicator | Six Months Ended June 30, 2025 (S$ Thousand) | Six Months Ended June 30, 2024 (S$ Thousand) | Change (S$ Thousand) | Growth Rate (%) | | :--- | :--- | :--- | :--- | :--- | | Revenue | 39,400 | 37,000 | 2,400 | 6.4% | | Profit after tax | 2,100 | 1,200 | 1,000 | 83.3% | | Basic and diluted earnings per share (S$ Cents) | 0.104 | 0.055 | 0.049 | 89.1% | - The Board did not declare an interim dividend for the six months ended June 30, 2025[4](index=4&type=chunk) [Consolidated Financial Statements](index=2&type=section&id=Consolidated%20Financial%20Statements) This section presents the Group's consolidated financial statements, including the statement of profit or loss, financial position, changes in equity, and cash flows [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) For the six months ended June 30, 2025, the Group's revenue grew by 6.4% to S$39,351 thousand, and profit for the period significantly increased by 84.3% to S$2,120 thousand, driven by gross profit growth and lower finance costs Consolidated Statement of Profit or Loss and Other Comprehensive Income (Summary) (S$ Thousand) | Indicator | 2025 (S$ Thousand) | 2024 (S$ Thousand) | Change (S$ Thousand) | Growth Rate (%) | | :--- | :--- | :--- | :--- | :--- | | Revenue | 39,351 | 36,982 | 2,369 | 6.4% | | Cost of sales | (31,905) | (30,908) | (997) | 3.2% | | Gross profit | 7,446 | 6,074 | 1,372 | 22.6% | | Operating profit | 2,744 | 1,554 | 1,190 | 76.6% | | Profit for the period | 2,120 | 1,150 | 970 | 84.3% | | Profit for the period attributable to owners of the Company | 2,082 | 1,092 | 990 | 90.7% | | Basic and diluted earnings per share (S$ Cents) | 0.104 | 0.055 | 0.049 | 89.1% | [Consolidated Statement of Financial Position](index=4&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the Group's total assets were S$37,743 thousand, a decrease from the end of 2024 primarily due to reduced current assets, with total equity at S$26,054 thousand and total liabilities at S$11,688 thousand Consolidated Statement of Financial Position (Summary) (S$ Thousand) | Indicator | June 30, 2025 (S$ Thousand) | December 31, 2024 (S$ Thousand) | Change (S$ Thousand) | Change Rate (%) | | :--- | :--- | :--- | :--- | :--- | | **Assets** | | | | | | Non-current assets | 3,832 | 4,018 | (186) | (4.6%) | | Current assets | 33,911 | 36,977 | (3,066) | (8.3%) | | Total assets | 37,743 | 40,995 | (3,252) | (7.9%) | | **Equity** | | | | | | Equity attributable to owners of the Company | 25,900 | 27,817 | (1,917) | (6.9%) | | Non-controlling interests | 154 | 116 | 38 | 32.8% | | Total equity | 26,054 | 27,933 | (1,879) | (6.7%) | | **Liabilities** | | | | | | Non-current liabilities | 360 | 755 | (395) | (52.3%) | | Current liabilities | 11,328 | 12,307 | (979) | (8.0%) | | Total liabilities | 11,688 | 13,062 | (1,374) | (10.5%) | [Consolidated Statement of Changes in Equity](index=6&type=section&id=Consolidated%20Statement%20of%20Changes%20in%20Equity) As of June 30, 2025, equity attributable to owners of the Company was S$25,900 thousand, a decrease from the beginning of the year primarily due to S$4,000 thousand in dividends paid Consolidated Statement of Changes in Equity (Summary) (S$ Thousand) | Indicator | June 30, 2025 (S$ Thousand) | January 1, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Balance at beginning of period (attributable to owners of the Company) | 27,817 | 30,049 | | Profit for the period (attributable to owners of the Company) | 2,082 | 1,092 | | Other comprehensive income for the period (attributable to owners of the Company) | 1 | (1) | | Dividends paid | (4,000) | (3,000) | | Balance at end of period (attributable to owners of the Company) | 25,900 | 28,140 | [Consolidated Statement of Cash Flows](index=7&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) For the six months ended June 30, 2025, net cash from operating activities turned positive to S$3,015 thousand, net cash from investing activities increased, but net cash used in financing activities significantly increased to S$6,017 thousand, resulting in a net decrease in cash and cash equivalents Consolidated Statement of Cash Flows (Summary) (S$ Thousand) | Indicator | 2025 (S$ Thousand) | 2024 (S$ Thousand) | Change (S$ Thousand) | | :--- | :--- | :--- | :--- | | Net cash from operating activities | 3,015 | (2,501) | 5,516 | | Net cash from investing activities | 2,927 | 2,707 | 220 | | Net cash used in financing activities | (6,017) | (4,561) | (1,456) | | Net decrease in cash and cash equivalents | (75) | (4,355) | 4,280 | | Cash and cash equivalents at end of period | 10,313 | 7,861 | 2,452 | [Notes to the Condensed Consolidated Financial Information](index=8&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Information) This section provides detailed notes to the condensed consolidated financial information, covering general information, accounting policies, revenue, expenses, and other financial details [General Information and Basis of Preparation](index=8&type=section&id=General%20Information%20and%20Basis%20of%20Preparation) This section outlines Hygieia Group Limited's registration, primary business (cleaning services), listing status, and the preparation basis for interim financial information, which follows IAS 34 - The Company was incorporated on February 28, 2019, in the Cayman Islands, with TEK Assets Management Limited as its parent company and Mr. Toh Wing Kwai as the ultimate controlling party[12](index=12&type=chunk) - The Group is principally engaged in providing cleaning services, with its main place of business in Singapore[12](index=12&type=chunk) - The Company is an investment holding company, and its subsidiaries are primarily engaged in providing cleaning services[12](index=12&type=chunk) - The Company's shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited on July 3, 2020[13](index=13&type=chunk) - The unaudited condensed interim financial information has been prepared in accordance with International Accounting Standard 34 "Interim Financial Reporting"[14](index=14&type=chunk) [General Information](index=8&type=section&id=General%20Information) Hygieia Group Limited is registered in the Cayman Islands, primarily provides cleaning services in Singapore through its subsidiaries, and was listed on the Main Board of the Hong Kong Stock Exchange in 2020 - The Company is an investment holding company, and its subsidiaries are primarily engaged in providing cleaning services[12](index=12&type=chunk) - The Company's shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited on July 3, 2020[13](index=13&type=chunk) [Basis of Preparation](index=8&type=section&id=Basis%20of%20Preparation) This interim financial information is prepared in accordance with International Accounting Standard 34 "Interim Financial Reporting" and should be read in conjunction with the annual results announcement - The unaudited condensed interim financial information has been prepared in accordance with International Accounting Standard 34 "Interim Financial Reporting"[14](index=14&type=chunk) [Adoption of New and Revised International Financial Reporting Standards](index=8&type=section&id=Adoption%20of%20New%20and%20Revised%20International%20Financial%20Reporting%20Standards) The Group first adopted IAS 21 (Amendment) "Lack of Exchangeability," but its application had no significant impact on the financial position or performance for the current period - The Group first adopted IAS 21 (Amendment) "Lack of Exchangeability," which is mandatorily effective for annual periods beginning on or after January 1, 2025[15](index=15&type=chunk) - The application of this amendment had no significant impact on the Group's financial position and performance and/or the disclosures contained in the unaudited condensed financial information for the current period[15](index=15&type=chunk) [Revenue and Segment Information](index=9&type=section&id=Revenue%20and%20Segment%20Information) The Group considers its business as a single operating segment, with primary income from cleaning services, where Singapore contributes most of the revenue, and Thailand's revenue also shows significant growth - The Group's business is considered a single operating segment that qualifies as a reportable segment[16](index=16&type=chunk) - For the six months ended June 30, 2025, revenue from providing cleaning services was **S$39,319 thousand**, accounting for the vast majority of total revenue[17](index=17&type=chunk) [Disaggregation of Revenue from Contracts with Customers](index=9&type=section&id=(a)%20Disaggregation%20of%20Revenue%20from%20Contracts%20with%20Customers) The Group's revenue primarily comes from cleaning services, with contributions of S$33,546 thousand from Singapore and S$5,805 thousand from Thailand, and no single customer contributing over 10% of revenue Revenue by Service Type and Geographical Location (S$ Thousand) | Revenue Source | 2025 (S$ Thousand) | 2024 (S$ Thousand) | | :--- | :--- | :--- | | Provision of cleaning services | 39,319 | 36,940 | | Sale of goods | 32 | 42 | | **Total Revenue** | **39,351** | **36,982** | | **By Geographical Location** | | | | Singapore | 33,546 | 32,036 | | Thailand | 5,805 | 4,946 | - For the six months ended June 30, 2025, and June 30, 2024, no single customer accounted for more than 10% of the Group's revenue[17](index=17&type=chunk) [Non-current Assets by Geographical Area](index=10&type=section&id=(b)%20Non-current%20Assets%20by%20Geographical%20Area) The Group's non-current assets are primarily concentrated in Singapore, with Thailand's non-current assets representing a smaller but growing proportion Non-current Assets by Geographical Area (S$ Thousand) | Region | June 30, 2025 (S$ Thousand) | December 31, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Singapore | 3,667 | 3,870 | | Thailand | 165 | 148 | | **Total** | **3,832** | **4,018** | [Other Income](index=10&type=section&id=Other%20Income) Other income remained stable for the period, primarily derived from interest income Other Income Details (S$ Thousand) | Income Source | 2025 (S$ Thousand) | 2024 (S$ Thousand) | | :--- | :--- | :--- | | Interest income | 99 | 90 | | Others | 3 | 5 | | **Total** | **102** | **95** | [Other Gains/(Losses) – Net](index=10&type=section&id=Other%20Gains%2F(Losses)%20%E2%80%93%20Net) Net other gains turned positive this period, mainly due to gains from the disposal of property, plant, and equipment, which offset some foreign exchange losses Other Gains/(Losses) – Net Details (S$ Thousand) | Item | 2025 (S$ Thousand) | 2024 (S$ Thousand) | | :--- | :--- | :--- | | Foreign exchange losses | (9) | (12) | | Gain on disposal of property, plant and equipment | 36 | 6 | | **Total** | **27** | **(6)** | [Employee Benefit Expenses](index=11&type=section&id=Employee%20Benefit%20Expenses) For the six months ended June 30, 2025, employee benefit expenses increased to S$28,212 thousand, with government grants offsetting S$1,625 thousand in wages and salaries Employee Benefit Expenses Details (S$ Thousand) | Item | 2025 (S$ Thousand) | 2024 (S$ Thousand) | | :--- | :--- | :--- | | Salaries and other allowances | 26,208 | 23,269 | | Contributions to defined contribution plans | 1,811 | 1,664 | | Other employee benefits | 193 | 108 | | **Total** | **28,212** | **25,041** | - For the six months ended June 30, 2025, government grants of **S$1,625 thousand** (June 30, 2024: S$778 thousand) were offset against wages and salaries[21](index=21&type=chunk) - All government grants were used to offset employee benefit expenses included in "Cost of sales"[22](index=22&type=chunk) [Finance Costs](index=11&type=section&id=Finance%20Costs) Finance costs significantly decreased this period, primarily due to reduced interest on loans and hire purchase arrangements Finance Costs Details (S$ Thousand) | Item | 2025 (S$ Thousand) | 2024 (S$ Thousand) | | :--- | :--- | :--- | | Interest on loans | 18 | 38 | | Interest on lease liabilities | 35 | 45 | | Interest on hire purchase arrangements | 10 | 14 | | **Total** | **63** | **97** | [Income Tax Expense](index=12&type=section&id=Income%20Tax%20Expense) Income tax expense increased to S$561 thousand, mainly due to an overall increase in taxable income of the Company's subsidiaries, with corporate income tax rates of 17% in Singapore and 20% in Thailand Income Tax Expense Details (S$ Thousand) | Item | 2025 (S$ Thousand) | 2024 (S$ Thousand) | | :--- | :--- | :--- | | Singapore corporate income tax | 516 | 307 | | Thailand corporate income tax | 45 | – | | **Total** | **561** | **307** | - Singapore corporate income tax is calculated at **17%** of estimated taxable profits, and Thailand income tax is calculated at **20%** of estimated taxable profits[24](index=24&type=chunk) [Earnings per Share](index=12&type=section&id=Earnings%20per%20Share) For the six months ended June 30, 2025, basic and diluted earnings per share were **S$0.104 cents**, a significant increase from the prior period, with basic and diluted earnings being the same Earnings per Share Calculation | Indicator | 2025 | 2024 | | :--- | :--- | :--- | | Profit for the period attributable to owners of the Company (S$ Thousand) | 2,082 | 1,092 | | Weighted average number of ordinary shares in issue (Thousand shares) | 2,000,000 | 2,000,000 | | Basic and diluted earnings per share (S$ Cents) | 0.104 | 0.055 | - As there were no potential ordinary shares in issue for both periods, the diluted earnings per share for both periods were the same as the basic earnings per share[25](index=25&type=chunk) [Dividends](index=13&type=section&id=Dividends) A final dividend of S$4,000 thousand for 2024 was recognized and paid this period, but the Board did not declare an interim dividend Dividends Recognized (S$ Thousand) | Dividend Type | 2025 (S$ Thousand) | 2024 (S$ Thousand) | | :--- | :--- | :--- | | 2023 Final – S$0.0015 per ordinary share | – | 3,000 | | 2024 Final – S$0.002 per ordinary share | 4,000 | – | | **Total** | **4,000** | **3,000** | - The Board did not declare an interim dividend for the six months ended June 30, 2025[26](index=26&type=chunk) [Trade and Other Receivables, Deposits and Prepayments](index=13&type=section&id=Trade%20and%20Other%20Receivables,%20Deposits%20and%20Prepayments) As of June 30, 2025, total trade and other receivables, deposits, and prepayments amounted to S$19,199 thousand, largely consistent with the end of 2024, with trade receivables showing an increase Total Trade and Other Receivables, Deposits and Prepayments (S$ Thousand) | Item | June 30, 2025 (S$ Thousand) | December 31, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Trade receivables (net of allowance) | 14,160 | 13,358 | | Unbilled revenue (net of allowance) | 2,996 | 3,767 | | Deposits | 417 | 610 | | Prepayments | 540 | 400 | | Other receivables | 1,086 | 1,018 | | **Total** | **19,199** | **19,153** | [Trade Receivables](index=14&type=section&id=(a)%20Trade%20Receivables) As of June 30, 2025, trade receivables (net of allowance) were S$14,160 thousand, with credit terms typically 0 to 90 days, and a significant increase in receivables aged 0 to 30 days Trade Receivables Ageing Analysis (S$ Thousand) | Ageing | June 30, 2025 (S$ Thousand) | December 31, 2024 (S$ Thousand) | | :--- | :--- | :--- | | 0 to 30 days | 10,118 | 6,169 | | 31 to 60 days | 1,315 | 3,952 | | 61 to 90 days | 1,923 | 1,608 | | 91 to 120 days | 669 | 727 | | Over 120 days | 135 | 902 | | **Total** | **14,160** | **13,358** | - The Group generally grants credit terms of **0 to 90 days** to its customers[28](index=28&type=chunk) - Expected credit loss provisions of **S$548 thousand** and **S$21 thousand** were recognized for trade receivables and unbilled revenue, respectively[28](index=28&type=chunk) [Deposits and Other Receivables](index=14&type=section&id=(b)%20Deposits%20and%20Other%20Receivables) Other deposits primarily include rental deposits for worker dormitories and equipment, utility fees, and tender fees - Other deposits mainly refer to rental deposits for worker dormitories and equipment, utility fees, and tender fees[29](index=29&type=chunk) [Prepayments](index=14&type=section&id=(c)%20Prepayments) Prepayments are mainly for the procurement of operational supplies and premiums for cleaning contracts - Prepayments mainly refer to upfront payments for the procurement of operational supplies and other consumables, as well as premiums paid for cleaning contracts[30](index=30&type=chunk) [Trade and Other Payables](index=15&type=section&id=Trade%20and%20Other%20Payables) As of June 30, 2025, total trade and other payables amounted to S$8,080 thousand, a decrease from the end of 2024, primarily due to reduced trade payables and accrued employee benefit expenses Trade and Other Payables Details (S$ Thousand) | Item | June 30, 2025 (S$ Thousand) | December 31, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Trade payables | 1,247 | 1,770 | | Other payables | 1,871 | 1,625 | | Accrued expenses | 211 | 286 | | Accrued employee benefit expenses | 4,751 | 4,905 | | **Total** | **8,080** | **8,586** | Trade Payables Ageing Analysis (S$ Thousand) | Ageing | June 30, 2025 (S$ Thousand) | December 31, 2024 (S$ Thousand) | | :--- | :--- | :--- | | 0 to 30 days | 789 | 936 | | 31 to 60 days | 234 | 562 | | 61 to 90 days | 145 | 117 | | Over 90 days | 79 | 155 | | **Total** | **1,247** | **1,770** | [Management Discussion and Analysis](index=16&type=section&id=Management%20Discussion%20and%20Analysis) This section provides a comprehensive review of the Group's business operations, financial performance, liquidity, capital resources, and future outlook for the reporting period [Business Review](index=16&type=section&id=Business%20Review) The Group is a cleaning service provider in the environmental services industry in Singapore and Thailand with over 30 years of experience, actively deploying digital solutions to enhance efficiency. Revenue grew by 6.4% this period, driven by new projects in Singapore and business growth in Thailand. The Group will continue to invest in technology and staff training to strengthen its market position - The Group is a well-known general cleaning service provider headquartered in Singapore, operating in Singapore and Thailand, with over **30 years of industry experience**[32](index=32&type=chunk) - The Group deploys digital solutions to improve work efficiency and facilitate better decision-making, adapting to the shift from headcount-based to outcome-based cleaning contracts[33](index=33&type=chunk) - For the six months ended June 30, 2025, the Group's revenue increased by **6.4%** compared to the same period in 2024, primarily due to newly secured large projects in Singapore and organic growth in the Group's environmental services business in Thailand[33](index=33&type=chunk) - The Group will continue to pursue becoming an integrated service provider in the environmental services industry and is committed to enhancing productivity through investments in technology and employee training[34](index=34&type=chunk) [Financial Review](index=17&type=section&id=Financial%20Review) The Group's financial performance was strong this period, with revenue growth of 6.4%, gross profit margin increasing to 18.9%, and profit for the period significantly rising by 84.3%, driven by new projects in Singapore, Thailand business growth, increased government grants, and lower finance costs - The Group's total revenue was approximately **S$39.4 million**, an increase of approximately **6.4%** compared to the same period in 2024[35](index=35&type=chunk) - The gross profit margin increased from **16.4% to 18.9%**, primarily due to reduced labor-related expenses and increased government employment subsidies received from the Singapore government[37](index=37&type=chunk) - The Group's net profit for the six months ended June 30, 2025, was approximately **S$2.1 million**, compared to S$1.2 million for the six months ended June 30, 2024[43](index=43&type=chunk) [Revenue](index=17&type=section&id=Revenue) For the six months ended June 30, 2025, total revenue was approximately S$39.4 million, a 6.4% year-on-year increase, driven by new large projects in Singapore and organic growth in Thailand's environmental services business Revenue Comparison (S$ Million) | Indicator | Six Months Ended June 30, 2025 (S$ Million) | Six Months Ended June 30, 2024 (S$ Million) | Growth Rate (%) | | :--- | :--- | :--- | :--- | | Total Revenue | 39.4 | 37.0 | 6.4% | - Revenue growth was primarily due to newly secured large projects in Singapore and organic growth in the Group's environmental services business in Thailand[35](index=35&type=chunk) [Cost of Sales](index=17&type=section&id=Cost%20of%20Sales) Cost of sales increased to S$31.9 million, a 3.2% year-on-year increase, with specific reasons detailed in the gross profit and gross profit margin section Cost of Sales Comparison (S$ Million) | Indicator | Six Months Ended June 30, 2025 (S$ Million) | Six Months Ended June 30, 2024 (S$ Million) | Growth Rate (%) | | :--- | :--- | :--- | :--- | | Cost of sales | 31.9 | 30.9 | 3.2% | [Gross Profit and Gross Profit Margin](index=18&type=section&id=Gross%20Profit%20and%20Gross%20Profit%20Margin) Gross profit increased to S$7.4 million, and the gross profit margin improved to 18.9%, mainly due to reduced labor-related expenses and increased government employment subsidies Gross Profit and Gross Profit Margin Comparison (S$ Million) | Indicator | Six Months Ended June 30, 2025 (S$ Million) | Six Months Ended June 30, 2024 (S$ Million) | | :--- | :--- | :--- | | Gross profit | 7.4 | 6.1 | | Gross profit margin | 18.9% | 16.4% | - The improvement in gross profit margin was primarily due to reduced labor-related expenses and increased government-provided employment subsidies received from the Singapore government[37](index=37&type=chunk) - The Group recognized government grants totaling approximately **S$1.6 million** (June 30, 2024: S$0.8 million)[37](index=37&type=chunk) [Administrative Expenses](index=18&type=section&id=Administrative%20Expenses) Administrative expenses increased to S$4.8 million, mainly due to higher employee benefit expenses and professional fees Administrative Expenses Comparison (S$ Million) | Indicator | Six Months Ended June 30, 2025 (S$ Million) | Six Months Ended June 30, 2024 (S$ Million) | | :--- | :--- | :--- | | Administrative expenses | 4.8 | 4.6 | - The increase in administrative expenses was primarily due to higher employee benefit expenses and professional fees[38](index=38&type=chunk) [Finance Costs](index=18&type=section&id=Finance%20Costs) Finance costs decreased to S$63 thousand, mainly due to reduced interest expenses from the Group's borrowings Finance Costs Comparison (S$ Thousand) | Indicator | Six Months Ended June 30, 2025 (S$ Thousand) | Six Months Ended June 30, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Finance costs | 63 | 97 | - The decrease in finance costs was primarily due to reduced interest expenses arising from the Group's borrowings[39](index=39&type=chunk) [Other Gains](index=18&type=section&id=Other%20Gains) Net other gains were S$27 thousand, primarily from the disposal of property, plant, and equipment, partially offset by foreign exchange losses Other Gains Comparison (S$ Thousand) | Indicator | Six Months Ended June 30, 2025 (S$ Thousand) | Six Months Ended June 30, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Other gains/(losses) – net | 27 | (6) | - Other gains primarily represent gains on disposal of property, plant and equipment, partially offset by net foreign exchange losses[40](index=40&type=chunk) [Other Income](index=18&type=section&id=Other%20Income) Other income remained stable at S$102 thousand, mainly from interest income on fixed bank deposits Other Income Comparison (S$ Thousand) | Indicator | Six Months Ended June 30, 2025 (S$ Thousand) | Six Months Ended June 30, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Other income | 102 | 95 | - Other income primarily represents interest income generated from the Group's fixed bank deposits[41](index=41&type=chunk) [Income Tax Expense](index=19&type=section&id=Income%20Tax%20Expense) Income tax expense increased to S$561 thousand, with an effective tax rate of 20.9%, mainly due to an overall increase in taxable income of the subsidiaries Income Tax Expense Comparison (S$ Thousand) | Indicator | Six Months Ended June 30, 2025 (S$ Thousand) | Six Months Ended June 30, 2024 (S$ Thousand) | | :--- | :--- | :--- | | Income tax expense | 561 | 307 | | Effective tax rate | 20.9% | 21.1% | - The increase in tax expense was primarily due to an overall increase in the taxable income of the Company's subsidiaries[42](index=42&type=chunk) [Profit for the Period](index=19&type=section&id=Profit%20for%20the%20Period) Net profit for the period was approximately S$2.1 million, a significant increase from S$1.2 million in the prior period, reflecting the combined impact of the aforementioned financial factors Profit for the Period Comparison (S$ Million) | Indicator | Six Months Ended June 30, 2025 (S$ Million) | Six Months Ended June 30, 2024 (S$ Million) | | :--- | :--- | :--- | | Net profit | 2.1 | 1.2 | [Liquidity and Capital Resources](index=19&type=section&id=Liquidity%20and%20Capital%20Resources) As of June 30, 2025, the Group's current ratio was 3.0, indicating a net cash position, strong short-term solvency, and ample liquidity Liquidity Position (S$ Million) | Indicator | June 30, 2025 (S$ Million) | December 31, 2024 (S$ Million) | | :--- | :--- | :--- | | Current assets | 33.9 | 37.0 | | Current liabilities | 11.3 | 12.3 | | Current ratio | 3.0 | 3.0 | - The Group was in a **net cash position** as of June 30, 2025, and the net debt to capital ratio was not applicable[44](index=44&type=chunk) [Capital Expenditure](index=19&type=section&id=Capital%20Expenditure) For the six months ended June 30, 2025, the Group incurred no other significant capital expenditure apart from the disclosed matters - No other significant capital expenditure was incurred for the six months ended June 30, 2025[45](index=45&type=chunk) [Contingent Liabilities](index=20&type=section&id=Contingent%20Liabilities) As of June 30, 2025, the Group had no significant contingent liabilities - As of June 30, 2025, the Group had no significant contingent liabilities[46](index=46&type=chunk) [Pledge of Assets](index=20&type=section&id=Pledge%20of%20Assets) The Group's bank financing is secured by trade receivables, a debenture creating fixed and floating charges over all assets, and corporate guarantees - The Group's bank financing is secured by trade receivables financing, a debenture creating fixed and floating charges over all assets, and corporate guarantees provided by the Company and its subsidiaries[47](index=47&type=chunk) [Future Plans for Material Investments and Capital Assets](index=20&type=section&id=Future%20Plans%20for%20Material%20Investments%20and%20Capital%20Assets) Except as disclosed in this announcement, the Group had no future plans for material investments and capital assets as of June 30, 2025 - Except as disclosed in this announcement, the Group had no plans for material investments and capital assets as of June 30, 2025[48](index=48&type=chunk) [Material Investments, Acquisitions and Disposals](index=20&type=section&id=Material%20Investments,%20Acquisitions%20and%20Disposals) For the six months ended June 30, 2025, the Company held no other material investments, material acquisitions, or disposals of subsidiaries, associates, and joint ventures - For the six months ended June 30, 2025, the Company held no other material investments, material acquisitions, or disposals of subsidiaries, associates, and joint ventures[49](index=49&type=chunk) [Foreign Exchange Risk Management](index=20&type=section&id=Foreign%20Exchange%20Risk%20Management) The Group's functional currency is the Singapore Dollar, with most revenue and expenses denominated in SGD; currently, there is no foreign exchange hedging policy, but management continuously monitors foreign exchange risk - The Group's functional currency is the Singapore Dollar, and most of its revenue and expenses are denominated in Singapore Dollars[50](index=50&type=chunk) - The Group currently has no foreign exchange hedging policy, and management continuously monitors the Group's foreign exchange risk[50](index=50&type=chunk) [Events After Reporting Period](index=20&type=section&id=Events%20After%20Reporting%20Period) As of the date of this announcement, the Directors have not noted any significant events concerning the Group's business or financial performance after June 30, 2025 - As of the date of this announcement, the Directors have not noted any significant events concerning the Group's business or financial performance after June 30, 2025[51](index=51&type=chunk) [Use of Proceeds from Listing](index=21&type=section&id=Use%20of%20Proceeds%20from%20Listing) The Company's net proceeds from listing were approximately S$11.8 million, most of which have been utilized as planned for cash flow mismatches, equipment procurement, and staff hiring, with some funds remaining unutilized Use of Proceeds from Listing and Utilization (S$ Thousand) | Purpose | Revised Allocation (S$ Thousand) | % of Total Net Proceeds | Utilized as of June 30, 2025 (S$ Thousand) | Unutilized as of June 30, 2025 (S$ Thousand) | Estimated Completion of Utilization | | :--- | :--- | :--- | :--- | :--- | :--- | | Acquisition of landscaping company | 1,774 | 15.0% | – | 1,774 | December 31, 2025 | | Procurement of waste management equipment | 605 | 5.1% | 605 | – | Not applicable | | Hiring of waste management personnel | 627 | 5.3% | 515 | 112 | December 31, 2025 | | Cash flow mismatch | 6,170 | 52.2% | 6,170 | – | Not applicable | | Hiring of sales and marketing personnel | 166 | 1.4% | 166 | – | Not applicable | | Hiring of safety personnel | 296 | 2.5% | 161 | 135 | December 31, 2025 | | Procurement of software and systems | 284 | 2.4% | 169 | 115 | December 31, 2025 | | Leasing of automated machinery and equipment | 721 | 6.1% | 721 | – | Not applicable | | General working capital | 1,182 | 10.0% | 1,182 | – | Not applicable | | **Total** | **11,825** | **100%** | **9,689** | **2,136** | | [Employee Remuneration and Relations](index=22&type=section&id=Employee%20Remuneration%20and%20Relations) As of June 30, 2025, the Group had approximately 3,047 employees, with remuneration based on skills, responsibilities, and performance, implementing a progressive wage model and mandatory provident fund scheme, maintaining good employee relations with no significant labor disputes during the reporting period - As of June 30, 2025, the Group had approximately **3,047 employees** (December 31, 2024: 2,609 employees)[53](index=53&type=chunk) - Remuneration is determined based on job skills, scope of work, responsibilities, and performance, with a progressive wage model and mandatory provident fund scheme implemented[53](index=53&type=chunk) - The Group believes it maintains good working relationships with its employees, and no significant labor disputes occurred during the reporting period[53](index=53&type=chunk) [Corporate Governance and Other Information](index=22&type=section&id=Corporate%20Governance%20and%20Other%20Information) This section details the Company's adherence to corporate governance codes, securities trading standards, audit committee functions, and other compliance-related disclosures [Corporate Governance Code](index=22&type=section&id=Corporate%20Governance%20Code) The Company has adopted the Corporate Governance Code and believes it has complied with relevant code provisions during the reporting period, committed to maintaining high standards of corporate governance - The Company has adopted the Corporate Governance Code as its own code of corporate governance practices[54](index=54&type=chunk) - The Directors believe that the Company has complied with the relevant code provisions set out in the Corporate Governance Code during the reporting period[54](index=54&type=chunk) [Standard Code for Securities Transactions by Directors of Listed Issuers](index=23&type=section&id=Standard%20Code%20for%20Securities%20Transactions%20by%20Directors%20of%20Listed%20Issuers) The Company has adopted the Standard Code, and all Directors confirm compliance with its required standards for directors' securities transactions during the reporting period - The Company has adopted the Standard Code as its code of conduct regarding securities transactions by Directors[55](index=55&type=chunk) - All Directors confirm that they have complied with the required standards set out in the Standard Code regarding Directors' securities transactions for the six months ended June 30, 2025[55](index=55&type=chunk) [Audit Committee](index=23&type=section&id=Audit%20Committee) The Audit Committee, comprising three independent non-executive directors, has reviewed the unaudited interim results for the period and confirmed compliance with applicable accounting principles and adequate disclosure - The Audit Committee comprises three members: Mr. Ong Kok Wah, Mr. Lau Chun Wing, and Mr. Leung Chi Hang, all of whom are independent non-executive directors[56](index=56&type=chunk) - The Audit Committee has reviewed the Company's unaudited interim results for the six months ended June 30, 2025, and confirmed compliance with applicable accounting principles, standards, and requirements, and that adequate disclosures have been made[56](index=56&type=chunk) [Purchase, Sale or Redemption of the Company's Listed Securities](index=23&type=section&id=Purchase,%20Sale%20or%20Redemption%20of%20the%20Company's%20Listed%20Securities) During the reporting period, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities - During the reporting period, neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities[57](index=57&type=chunk) [Public Float](index=23&type=section&id=Public%20Float) As of the date of this announcement, the Company has maintained the required public float in accordance with the Listing Rules - As of the date of this announcement, the Company has maintained the required public float in accordance with the Listing Rules[58](index=58&type=chunk) [Publication of Interim Results Announcement and Interim Report](index=24&type=section&id=Publication%20of%20Interim%20Results%20Announcement%20and%20Interim%20Report) This interim results announcement has been published on the HKEX website and the Company's website, and the interim report will be dispatched to shareholders and posted on the aforementioned websites in due course - This interim results announcement has been published on the HKEX website and the Company's website[59](index=59&type=chunk) - The interim report for the six months ended June 30, 2025, will be dispatched to shareholders and posted on the aforementioned websites in due course[59](index=59&type=chunk) [Definitions](index=24&type=section&id=Definitions) This section provides definitions for key terms and abbreviations used throughout the report to ensure clarity and consistent understanding [Definitions](index=24&type=section&id=Definitions) This section provides definitions for key terms and abbreviations used throughout the report, covering company entities, financial standards, business activities, geographical locations, and regulatory bodies - This section provides definitions for key terms and abbreviations used in the report, such as "Audit Committee," "Board," "Corporate Governance Code," "Cleaning Score," "Company," "Directors," "Glory Dragon," "FM02," "Group," "HK$," "Hong Kong," "ISO 9001:2015," "L6," "Listing," "Listing Rules," "Standard Code," "National Environment Agency," "Prospectus," "Reporting Period," "Share Offer," "Shareholders," "Shares," "Singapore," "Singapore Government," "Stock Exchange," "Subsidiary," "S$," "Thailand," and "%"[60](index=60&type=chunk)[61](index=61&type=chunk)[62](index=62&type=chunk) [Board Information](index=26&type=section&id=Board%20Information) This section lists the executive and independent non-executive directors of Hygieia Group Limited's Board of Directors [Board Information](index=26&type=section&id=Board%20Information) This section lists the executive directors and independent non-executive directors of Hygieia Group Limited's Board of Directors - As of the date of this announcement, the executive directors are Mr. Toh Wing Kwai, Mr. Peh Poon Chew, and Ms. Toh Lay Choo[62](index=62&type=chunk) - The independent non-executive directors are Mr. Lau Chun Wing, Mr. Leung Chi Hang, and Mr. Ong Kok Wah[62](index=62&type=chunk)

Core Viewpoint - HYGIEIA GROUP reported a revenue of SGD 39.351 million for the six months ending June 30, 2025, representing a year-on-year increase of 6.4% [1] - The profit attributable to shareholders reached SGD 2.082 million, marking a significant year-on-year increase of 90.66% [1] - Earnings per share stood at 0.104 Singapore cents [1] Revenue Growth - The revenue growth was primarily driven by new large projects acquired in Singapore and organic growth in the environmental services business in Thailand [1]

Core Viewpoint - Hygieia Group (01650) reported a 6.4% year-on-year increase in revenue for the six months ending June 30, 2025, amounting to SGD 39.351 million, driven by new large projects in Singapore and organic growth in its environmental services business in Thailand [1] Financial Performance - Revenue reached SGD 39.351 million, reflecting a 6.4% increase compared to the previous year [1] - Profit attributable to owners of the company was SGD 2.082 million, showing a significant year-on-year increase of 90.66% [1] - Earnings per share stood at SGD 0.104 [1] Business Growth Drivers - Revenue growth was primarily attributed to newly acquired large projects in Singapore [1] - The company's environmental services business in Thailand contributed to organic growth [1]