格隆汇2月24日丨JBB BUILDERS(01903.HK)公布截至2025年12月31日止六个月之中期业绩。收益由截 至2024年12月31日止六个月的约223.8百万林吉特减少约34.1百万林吉特或15.2%至截至2025年12月31日 止六个月的约189.7百万林吉特。 集团截至2025年12月31日止六个月呈报公司拥有人应占溢利约10万林吉特，相较于截至2024年12月31日 止六个月的约160万林吉特。 截至2025年12月31日止六个月的收益大幅减少主要是由于(i)新加坡海上运输合约所产生运砂量整体下 降，因其中一处工地区域水深较浅且空间极度受限，导致营运困难而减少交付量；(ii)填海及相关工程 合约进度放缓，导致相关业务收入减少；及(iii)完成若干合约所抵销，而该等合约为截至2024年12月31 日止六个月贡献部分收益，惟此影响部分被建筑及基建工程合约的施工量增长所抵销。 ...

公告称，收益大幅减少主要是由于(i)新加坡海上运输合约所产生运砂量整体下降，因其中一处工地区域 水深较浅且空间极度受限，导致营运困难而减少交付量;(ii)填海及相关工程合约进度放缓，导致相关业 务收入减少;及(iii)完成若干合约所抵销，而该等合约为截至2024年12月31日止六个月贡献部分收益，惟 此影响部分被建筑及基建工程合约的施工量增长所抵销。 JBB BUILDERS(01903)公布截至2025年12月31日止6个月的中期业绩，收益约1.9亿林吉特，同比减少 15.25%;公司拥有人应占溢利10.7万林吉特，同比减少93.19%;每股盈利0.02林吉特仙。 ...

公告称，收益大幅减少主要是由于(i)新加坡海上运输合约所产生运砂量整体下降，因其中一处工地区域 水深较浅且空间极度受限，导致营运困难而减少交付量;(ii)填海及相关工程合约进度放缓，导致相关业 务收入减少;及(iii)完成若干合约所抵销，而该等合约为截至2024年12月31日止六个月贡献部分收益，惟 此影响部分被建筑及基建工程合约的施工量增长所抵销。 智通财经APP讯，JBB BUILDERS(01903)公布截至2025年12月31日止6个月的中期业绩，收益约1.9亿林 吉特，同比减少15.25%;公司拥有人应占溢利10.7万林吉特，同比减少93.19%;每股盈利0.02林吉特仙。 ...

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） 截至二零二五年十二月三十一日止六個月之中期業績公告 | 業績摘要 | | | | | --- | --- | --- | --- | | | | 截至十二月三十一日止六個月 | | | | 二零二五年 | 二零二四年（減少）╱增加 | | | | 千林吉特 | 千林吉特 | 千林吉特 | | | （未經審核） | （未經審核） | | | 收益 | 189,704 | 223,827 | (34,123) | | 毛利 | 6,390 | 8,045 | (1,655) | | 毛利率 | 3.4% | 3.6% | (0.2%) | | 貿易應收款項及合約資產減值虧損 | | | | | 撥回╱（撥備） | 64 | (859) | 923 | ...

JBB BUILDERS(01903)近期公布，于2026年1月29日，该公司拟向厦门见福连锁管理有限公司收购成都 市见福便利店管理有限公司100%股权权益，总代价为人民币1.2亿元。 香港联交所最新资料显示，2月13日，JBB BUILDERS(01903)股东将股票存入中国国际证券，存仓市值 7507.60万港元，占比5.48%。 ...

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]

Core Viewpoint - JBB Builders has signed an agreement to acquire Chengdu Jianfu Convenience Store Management Co., Ltd. for RMB 120 million, marking a strategic entry into the retail sector despite its primary focus on construction and engineering [1][3][4]. Group 1: Acquisition Details - The acquisition will allow JBB Builders to integrate Chengdu Jianfu as a wholly-owned subsidiary, bringing its assets, liabilities, and performance into the company's financial statements [1]. - JBB Builders views Chengdu Jianfu as a mature investment opportunity, leveraging its existing store network and supply chain to diversify revenue streams [3][4]. - The purchase price of RMB 120 million effectively buys an operational convenience store business, enabling JBB Builders to start retail operations immediately [4]. Group 2: Strategic Implications for Jianfu - The sale of Chengdu Jianfu represents a strategic retreat for Xiamen Jianfu, which has over 3,000 stores nationwide but is focusing on consolidating its core operations in more profitable regions [6][8]. - The transaction includes a performance compensation agreement, where Xiamen Jianfu guarantees a minimum audited net profit of RMB 10 million for Chengdu Jianfu in 2026 and 2027, indicating a higher profit threshold than historical performance [8][11]. - The sale allows Xiamen Jianfu to liquidate assets in a less profitable region, potentially reallocating resources to strengthen its market position in its home base of Fujian [6][11]. Group 3: Market Context and Future Considerations - The convenience store sector is experiencing a shift towards profitability and operational efficiency, with companies facing pressure to demonstrate sustainable business models rather than just scale [14][16]. - The sale of Chengdu Jianfu may be seen as a strategic move to enhance financial health ahead of a potential IPO, as it removes a significant loss-making entity from the balance sheet [13][17]. - The future operational integration of Chengdu Jianfu under JBB Builders remains uncertain, with questions about branding and management strategies post-acquisition [19][20].

格隆汇2月5日丨JBB BUILDERS(01903.HK)宣布，董事会会议将于2026年2月24日(星期二)举行，并将于 会上(其中包括)考虑及酌情批准公司及其附属公司截至2025年12月31日止六个月的中期业绩及其发布， 以及厘定中期股息(如有) ...

（股份編號：1903） 董事會召開日期 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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈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 ） JBB Builders International Limited（「本公司」）董事會（「董事會」）宣佈，董事會會議將於二 零二六年二月二十四日（星期二）舉行，並將於會上（其中包括）考慮及酌情批准本公司及 其附屬公司截至二零二五年十二月三十一日止六個月之中期業績及其發佈，以及釐定中 期股息（如有）。 承董事會命 JBB Builders International Limited 主席及執行董事 拿督黃世標 香港，二零二六年二月五日 於本公告日期，董事會包括執行董事拿督黃世標、藍弘恩先生及黃種文先生；非執行董 事拿汀Ngooi Leng Swee；獨立非執行董事Tai Lam Shin先生、陳進財先生及陳佩君女士。 ...

Core Insights - JBB BUILDERS, a Malaysian construction contractor, plans to acquire 100% of Chengdu Jianfu Convenience Store Management Co., Ltd. for 120 million RMB, marking its entry into the convenience store sector in China [2][4] - The acquisition is surprising due to the contrasting business backgrounds of the buyer and seller, with JBB BUILDERS primarily focused on marine construction and not previously involved in the retail market [2][4] - Xiamen Jianfu, the seller, aims to achieve a target of 10,000 stores and 10 billion RMB in revenue within five years, yet is selling 95 stores in Sichuan [6][8] Company Overview - JBB BUILDERS operates mainly in Malaysia and Singapore, focusing on marine construction services, building and infrastructure projects, and marine fuel trading [3][4] - Chengdu Jianfu operates 95 stores in Sichuan, including 65 direct-operated and 30 franchised stores, offering a variety of products such as daily necessities, fresh produce, and medical devices [2][4] Financial Performance - For the fiscal year 2025, JBB BUILDERS reported revenues of 427 million MYR (approximately 724 million RMB) and a net profit of 21.99 million MYR (approximately 37.27 million RMB) [3] - Chengdu Jianfu's financial performance has been inconsistent, with projected revenues of 161 million RMB and a net profit of only 1.1 million RMB for 2025, indicating challenges in meeting profitability targets [5][6] Strategic Moves - The acquisition is seen as a strategic move for JBB BUILDERS to diversify its revenue streams and leverage Chengdu Jianfu's existing network and supply chain [4][5] - Xiamen Jianfu has committed to a profit guarantee, ensuring that Chengdu Jianfu achieves a minimum net profit of 10 million RMB in the fiscal years 2026 and 2027, with penalties for non-compliance [5][6] Market Context - Xiamen Jianfu has expanded rapidly since its inception in 2006, with over 3,000 stores across multiple provinces, including a significant presence in Fujian and Jiangsu [6][7] - The sale of the Sichuan stores is interpreted as a potential step towards Xiamen Jianfu's IPO ambitions, despite the company's aggressive expansion goals [8]