致：香港交易及結算所有限公司 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: 2026年3月31日 狀態: 新提交 | 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) | 01903 | 說明 | | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | | 20,000,000 | 本月底法定/註冊股本總額： HKD 20,000,000 FF301 第 1 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JBB BUILDERS INTERNATIONAL LIMITED （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （股份編號：1903） 關於收購目標公司100%股權之須予披露交易的補充公告 本公司財務顧問 茲提述JBB Builders International Limited（「本公司」，連同其附屬公司統稱「本集團」）日期 為二零二六年一月二十九日之公告（「該公告」），內容有關收購成都市見福便利店管理有 限公司100%股權之須予披露交易。除另有說明外，本公告所用詞彙與該公告所界定者具 有相同涵義。 鑒於買賣協議所載先決條件尚需額外時間達成，各方經公平磋商後，已於二零二六年三 月三十一日訂立補充協議，將最後截止日期延至二零二六年四月三十日（或各方可能以書 面形式協定的任何其他日期）。除上文所披露者外，買賣協議的所有其他條款及條件均維 持不變，並在各方面繼續具有完全效力。 拿督黃世 ...

Revenue Performance - Revenue decreased by approximately 34.1 million MYR or 15.2% from about 223.8 million MYR for the six months ended December 31, 2024, to about 189.7 million MYR for the six months ended December 31, 2025[14]. - Revenue from offshore construction services accounted for approximately 78.8% of total revenue, decreasing by about 53.7 million MYR or 26.4% to about 149.6 million MYR for the six months ended December 31, 2025[15]. - Revenue from land reclamation and related works decreased by about 28.2 million MYR or 43.5% to about 36.6 million MYR, primarily due to slowed progress on contracts[15]. - Revenue from marine transportation decreased by about 25.5 million MYR or 18.4% to about 113.0 million MYR, attributed to reduced sand delivery volumes from Singapore contracts[16]. - Revenue from building and infrastructure services increased by approximately 19.6 million MYR or 95.6% to about 40.1 million MYR, driven by increased contract workload[17]. - Revenue for the six months ended December 31, 2025, was MYR 189,704,000, a decrease of 15.2% compared to MYR 223,827,000 for the same period in 2024[77]. - Revenue from construction contracts for the six months ended December 31, 2025, was 76,750 thousand Malaysian Ringgit, a decrease of 10.5% from 85,353 thousand Malaysian Ringgit in 2024[92]. - Revenue from offshore transportation for the same period was 112,954 thousand Malaysian Ringgit, down 18.4% from 138,474 thousand Malaysian Ringgit in 2024[92]. - Revenue from external customers in Malaysia was 76,750 thousand Ringgit, down from 85,353 thousand Ringgit in 2024, reflecting a decline of approximately 8.5%[103]. - Revenue from external customers in Singapore was 112,954 thousand Ringgit, down from 138,474 thousand Ringgit in 2024, a decrease of about 18.4%[103]. Profitability and Financial Performance - Gross profit decreased by approximately MYR 1.6 million or 20.0% to about MYR 6.4 million for the six months ended December 31, 2025, with a gross margin decline from approximately 3.6% to 3.4%[19]. - Operating profit decreased to MYR 835,000, a decline of 69.7% from MYR 2,750,000 in the previous year[77]. - Profit before tax was MYR 634,000, down 73.4% from MYR 2,380,000 in 2024[77]. - Net profit for the period was MYR 74,000, a significant drop of 95.2% compared to MYR 1,541,000 in the same period last year[77]. - Basic and diluted earnings per share were both MYR 0.02, down from MYR 0.31 in the previous year[77]. - The profit attributable to the owners of the company for the six months ended December 31, 2025, was approximately MYR 0.1 million, down from about MYR 1.6 million for the same period last year[27]. Cash Flow and Financial Position - The group had cash and cash equivalents of approximately MYR 62.6 million as of December 31, 2025, down from MYR 71.5 million as of June 30, 2025[30]. - For the six months ended December 31, 2025, the net cash used in operating activities was (18,469) thousand Malaysian Ringgit, compared to (4,924) thousand Malaysian Ringgit for the same period in 2024, indicating a significant increase in cash outflow[82]. - The total cash and cash equivalents decreased by 6,513 thousand Malaysian Ringgit, with an ending balance of 62,617 thousand Malaysian Ringgit as of December 31, 2025, down from 83,102 thousand Malaysian Ringgit in 2024[82]. - The company has bank loans secured by deposits amounting to approximately 16,630,000 Ringgit as of December 31, 2025, compared to 9,179,000 Ringgit as of June 30, 2025[134]. - The total assets as of December 31, 2025, were MYR 250,799,000, a decrease from MYR 266,331,000 as of June 30, 2025[79]. - Current liabilities decreased to MYR 140,808,000 from MYR 162,693,000 in the previous period[79]. - The company's net assets amounted to MYR 129,743,000, slightly down from MYR 131,660,000 as of June 30, 2025[79]. Expenses and Other Income - Other income fell from approximately MYR 3.3 million to about MYR 2.1 million, primarily due to a decrease in revenue from subcontractors and suppliers related to offshore transportation activities[21]. - The company generated other income of 2,073 thousand Ringgit, down from 3,274 thousand Ringgit in 2024, reflecting a decrease of approximately 36.7%[108]. - The company reported a significant gain of 898 thousand Ringgit from the sale of deposits related to investment properties, which was not present in the previous year[108]. - General and administrative expenses increased by approximately MYR 0.9 million or 10.8% to about MYR 9.2 million for the six months ended December 31, 2025[24]. - Financial costs decreased from approximately MYR 0.4 million to about MYR 0.2 million, mainly due to a reduction in bank loan balances[25]. - The total income tax expense for the six months ended December 31, 2025, was 560,000 MYR, a decrease of 33.3% from 839,000 MYR in the previous year[7]. Strategic Initiatives and Future Outlook - The company continues to focus on existing construction contracts while strategically expanding into renewable energy infrastructure[11]. - The company is strategically expanding into renewable energy infrastructure with a joint venture to develop a 99.99MWac solar photovoltaic plant in Johor, Malaysia[53]. - The company plans to upgrade its IT and project management systems, with an allocation of 0.6% of the net proceeds for this purpose[57]. - The company is monitoring its financial situation and uncertainties while optimizing its business model and portfolio[55]. - The company anticipates that the remaining proceeds will be utilized as overall economic activity resumes, subject to market conditions[58]. Shareholder and Corporate Governance - Major shareholders include JBB Jade Investment Limited with 181,816,500 shares, representing approximately 36.36% of the issued share capital, and JBB Berlian Investment Limited with 61,233,500 shares, representing approximately 12.25%[69]. - The company’s directors and senior management hold significant interests in the company, with Datuk Wong Shih Biao holding 36.36% and his spouse holding 12.25%[65]. - The company has adopted and complied with all applicable corporate governance code provisions as of the mid-term report date[60]. - The board has confirmed compliance with the standard code for securities transactions by directors during the reporting period[61]. - The company did not declare an interim dividend for the six months ended December 31, 2025, consistent with the previous year[114]. Employee and Operational Updates - The total number of full-time employees increased from 68 to 71 between June 30, 2025, and December 31, 2025, to expand business activities[51]. - The group has committed significant capital expenditures of 81,000 MYR for equipment as of December 31, 2025[141]. - The group entered into related party transactions, incurring management fees of 34,000 MYR and professional fees of 240,000 MYR with related parties during the reporting period[140].

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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: JBB Builders International Limited 呈交日期: 2026年3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) | 01903 | 說明 | | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | | 本月底結存 | | | 2,000,000,000 | HKD | ...

Core Viewpoint - JBB BUILDERS (01903.HK) reported a significant decline in revenue for the six months ending December 31, 2025, with earnings dropping approximately 15.2% compared to the previous period, primarily due to operational challenges and project delays [1] Revenue Performance - Revenue decreased from approximately 223.8 million Malaysian Ringgit to about 189.7 million Malaysian Ringgit, a reduction of around 34.1 million Malaysian Ringgit [1] - The decline in revenue is attributed to reduced sand delivery volumes from Singapore offshore transport contracts, slow progress in reclamation and related engineering contracts, and the offsetting effect of completed contracts that contributed to previous earnings [1] Profitability - The company reported a profit attributable to shareholders of approximately 100,000 Malaysian Ringgit for the six months ending December 31, 2025, a significant decrease from about 1.6 million Malaysian Ringgit in the same period the previous year [1]

Core Viewpoint - JBB Builders (01903) reported a significant decline in revenue and profit for the six months ending December 31, 2025, primarily due to operational challenges and project delays [1] Financial Performance - Revenue for the period was approximately 190 million Malaysian Ringgit, representing a year-on-year decrease of 15.25% [1] - Profit attributable to owners was 107,000 Malaysian Ringgit, a substantial decline of 93.19% compared to the previous year [1] - Earnings per share stood at 0.02 Malaysian Ringgit [1] Operational Challenges - The decrease in revenue was largely attributed to a decline in sand delivery volumes from offshore transport contracts in Singapore, caused by shallow water depths and limited space at one worksite, leading to operational difficulties [1] - Progress on land reclamation and related engineering contracts slowed down, resulting in reduced income from these projects [1] - The completion of several contracts offset some revenue, as these contracts contributed partially to earnings for the six months ending December 31, 2024, although this was mitigated by increased construction and infrastructure project volumes [1]

Core Viewpoint - JBB BUILDERS (01903) reported a significant decline in revenue and profit for the six months ending December 31, 2025, primarily due to operational challenges and project delays in its marine and land reclamation contracts [1] Financial Performance - Revenue for the period was approximately 190 million Malaysian Ringgit, representing a year-on-year decrease of 15.25% [1] - Profit attributable to owners was 107,000 Malaysian Ringgit, down 93.19% year-on-year [1] - Earnings per share stood at 0.02 Malaysian Ringgit [1] Operational Challenges - The decline in revenue was mainly attributed to a decrease in sand delivery volumes from marine transport contracts in Singapore, caused by shallow water depths and limited space at one work site, leading to operational difficulties [1] - Progress delays in land reclamation and related engineering contracts also contributed to reduced business income [1] - The completion of several contracts offset some of the revenue decline, as these contracts contributed partially to revenue for the six months ending December 31, 2024, although this was mitigated by increased construction activity in building and infrastructure contracts [1]

Financial Performance - Revenue for the six months ended December 31, 2025, was MYR 189,704, a decrease of MYR 34,123 compared to MYR 223,827 for the same period in 2024, representing a decline of approximately 15.3%[2] - Gross profit for the same period was MYR 6,390, down from MYR 8,045, resulting in a gross margin of 3.4%, a decrease of 0.2% from 3.6%[2] - Profit attributable to owners of the company was MYR 107, significantly lower than MYR 1,571 in the previous year, indicating a decline of approximately 93.2%[2] - Basic and diluted earnings per share decreased to 0.02 sen from 0.31 sen, reflecting a drop of 93.5%[2] - The company reported a pre-tax profit of 634 thousand for the six months ending December 31, 2025, compared to 2,380 thousand in the same period of 2024[21] - The company reported a net profit of approximately 107,000 MYR for the six months ended December 31, 2025, compared to 1,571,000 MYR for the same period in 2024, indicating a significant decline in profitability[31] Revenue Breakdown - Revenue from construction contracts was 76,750 thousand, down 10.5% from 85,353 thousand in the previous year, with marine transportation revenue at 112,954 thousand, a decrease of 18.4% from 138,474 thousand[15] - Revenue from external customers in Malaysia was 76,750 thousand, a decrease of 9.2% from 85,353 thousand in the previous year, while revenue from Singapore was 112,954 thousand, down 18.4% from 138,474 thousand[24] - Revenue from offshore construction services decreased by approximately 53.7 million MYR or 26.4% to about 149.6 million MYR for the six months ended December 31, 2025, compared to approximately 203.3 million MYR for the same period in 2024[62] - Revenue from land reclamation and related works accounted for about 24.5% of total offshore construction services revenue, decreasing by approximately 28.2 million MYR or 43.5% to about 36.6 million MYR[62] - Revenue from offshore transportation services accounted for approximately 75.5% of total offshore construction services revenue, decreasing by approximately 25.5 million MYR or 18.4% to about 113.0 million MYR[63] - Revenue from building and infrastructure services increased by approximately 19.6 million MYR or 95.6% to about 40.1 million MYR, accounting for about 21.2% of total revenue[64] Expenses and Costs - General and administrative expenses increased to MYR 9,161 from MYR 8,331, an increase of approximately 10%[4] - The company incurred a central administrative and corporate expense of 8,793 thousand, impacting the overall profitability[21] - Interest expenses on bank loans amounted to 179 thousand, down from 343 thousand in the previous year, indicating a reduction in financial costs[26] - Total employee costs for the six months ended December 31, 2025, were 4,977 MYR, slightly down from 4,995 MYR in the previous year[1] - The total depreciation expense for the reporting period was 70 thousand, slightly up from 68 thousand in the previous year[21] - The depreciation expense for property, plant, and equipment was 254 MYR for the six months ended December 31, 2025, compared to 251 MYR in the previous year[1] Assets and Liabilities - Trade and other receivables amounted to MYR 143,154, a slight decrease from MYR 147,986, indicating a reduction of approximately 3.8%[5] - Total assets decreased to MYR 250,799 from MYR 266,331, a decline of about 5.8%[5] - Current liabilities decreased to MYR 140,808 from MYR 162,693, representing a reduction of approximately 13.5%[5] - The net asset value of the company was MYR 129,743, down from MYR 131,660, indicating a decrease of about 1.5%[5] - As of December 31, 2025, total trade and other payables were 119,841 thousand Ringgit, down from 142,775 thousand Ringgit as of June 30, 2025[50] - Trade payables were 109,363 thousand Ringgit as of December 31, 2025, compared to 129,804 thousand Ringgit as of June 30, 2025[50] Gains and Losses - The company recognized a gain of 898 thousand from the sale of deposits related to investment properties, contributing positively to other income[25] - The company recognized a gain of 898,000 MYR from the sale of investment properties during the six months ended December 31, 2025[35] - The company recorded a fair value loss of 700,000 Ringgit related to the reclassification of investment properties held for sale, with a total investment property value of 2,200,000 Ringgit[46] - Other income decreased from approximately 3.3 million MYR to about 2.1 million MYR, primarily due to a decline in income from subcontractors and suppliers related to offshore transportation activities[66] - The group recorded a net other income of approximately 1.5 million MYR for the six months ended December 31, 2025, compared to approximately 0.6 million MYR for the same period in 2024[67] Strategic Initiatives - The group has ongoing offshore construction contracts with a total original contract value of approximately 1,312.1 million MYR, including one reclamation and related works contract and two offshore transportation contracts[58] - The group established a joint venture, Legasi Suria Selatan Sdn. Bhd., to execute a large-scale solar photovoltaic power plant project in Johor, Malaysia, with a capacity of 99.99MWac[57] - The group plans to acquire 100% equity of Chengdu Jianfu Convenience Store Management Co., Ltd. for a total consideration of 120 million RMB (approximately 134.8 million HKD)[56] - The group is focusing on executing existing contracts, including a mixed development project in Johor, Malaysia, with a total contract value of approximately 0.5 million MYR[95] - A strategic partnership was formed to develop a 99.99MWac solar photovoltaic plant in Johor, marking the group's entry into renewable energy infrastructure[95] Financing and Capital Management - The group’s bank loans secured amounted to 4,227,000 MYR as of December 31, 2025, down from 6,384,000 MYR as of June 30, 2025[52] - The group maintained a strong liquidity position, with a current ratio increasing from approximately 1.6 times as of June 30, 2025, to approximately 1.8 times as of December 31, 2025[75] - The debt-to-equity ratio decreased from approximately 5.4% as of June 30, 2025, to approximately 3.6% as of December 31, 2025, due to a reduction in total bank loans and lease liabilities from approximately MYR 7.1 million to MYR 4.7 million[75] - The group had pledged bank deposits of approximately MYR 16.6 million as of December 31, 2025, up from MYR 9.2 million as of June 30, 2025, as collateral for bank financing[79] Future Outlook - The group anticipates that ongoing activities will enhance its revenue and profitability, particularly in the construction and renewable energy sectors[97] - The expected timeline for utilizing the remaining proceeds is before the fiscal year ending June 30, 2028, depending on market conditions[104] Compliance and Governance - The company did not apply any new accounting standards or interpretations that have not yet come into effect during the current accounting period[13] - The audit committee has reviewed the accounting principles and policies adopted by the group for the six months ending December 31, 2025[105]

Group 1 - JBB BUILDERS (01903) has deposited shares into China International Securities, with a market value of HKD 75.076 million, representing 5.48% of the total [1] - The company announced plans to acquire 100% equity interest in Chengdu Jianfu Convenience Store Management Co., Ltd. from Xiamen Jianfu Chain Management Co., Ltd. for a total consideration of RMB 120 million, scheduled for January 29, 2026 [1]

Group 1 - JBB BUILDERS (01903) has deposited shares worth HKD 75.076 million into China International Securities, representing 5.48% of the total shareholding [1] - The company plans to acquire 100% equity interest in Chengdu Jianfu Convenience Store Management Co., Ltd. from Xiamen Jianfu Chain Management Co., Ltd. for a total consideration of RMB 120 million, scheduled for January 29, 2026 [1]