金十期货5月13日讯，马来西亚棕榈油局MPOB：马来西亚4月棕榈油出口为1102266吨，环比增长 9.62%。 基本符合预期 基本符合预期 路透预期110万吨。 基本符合预期 ...

Financial Performance - The company reported a total revenue of HKD 1.2 billion for the fiscal year ending December 31, 2024, representing a year-over-year increase of 15%[13]. - The group's revenue increased approximately 136% from about MOP 88.2 million for the year ended December 31, 2023, to about MOP 208.1 million for the year ended December 31, 2024[15]. - The group's net profit after tax for the year ended December 31, 2024, was approximately MOP 24.1 million, compared to a net loss of about MOP 18.5 million in the previous fiscal year[15]. - The group's gross profit increased from approximately MOP 14.7 million for the year ended December 31, 2023, to approximately MOP 49.5 million for the year ended December 31, 2024, representing a growth of about 236.3%[25]. - The gross profit margin improved from approximately 16.7% in 2023 to approximately 23.8% in 2024, primarily due to the increase in gross profit margin from renovation projects[27]. - The company's cash flow from operations increased by 18%, amounting to HKD 250 million, indicating strong operational performance[13]. - Basic earnings per share for the year ended December 31, 2024, was MOP 0.060, an increase of MOP 0.106 compared to a loss of MOP 0.046 per share in 2023[33]. Market Expansion and Strategy - The company provided a forward guidance of 10-12% revenue growth for the next fiscal year, driven by new product launches and market expansion strategies[13]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[13]. - The company launched two new products in Q3 2024, contributing to a 5% increase in overall sales[13]. - The company is preparing for future business development and has identified key risks and uncertainties in its operations[149]. - The company aims to expand its market presence and explore new strategies for growth in the construction and renovation sectors[149]. Investments and Acquisitions - Investment in new technology development increased by 25%, totaling HKD 300 million, focusing on enhancing operational efficiency[13]. - A strategic acquisition of a local competitor was completed, valued at HKD 500 million, expected to enhance the company's service offerings[13]. - The company has entered into a property purchase agreement in Hong Kong for HKD 10.4 million, aimed at expanding its business operations[51]. Operational Performance - The group completed 24 projects and was awarded 26 projects during the fiscal year ending December 31, 2024[15]. - The total value of new awarded renovation projects was approximately MOP 196.3 million for the year ended December 31, 2024, compared to about MOP 100.1 million for the year ended December 31, 2023[22]. - Renovation project revenue increased by approximately MOP 121.0 million or 166.1% for the year ended December 31, 2024[23]. - The revenue from retail shops and restaurants increased by approximately MOP 113.6 million or 186.0% for the year ended December 31, 2024[24]. Corporate Governance - The board of directors has confirmed compliance with all corporate governance codes for the fiscal year ending December 31, 2024[59]. - The board consists of seven members, including three independent non-executive directors, ensuring over one-third of the board is independent[72]. - The company has adopted the corporate governance code principles as the foundation for its governance practices, enhancing shareholder value and accountability[58]. - The chairman and CEO roles are held by different individuals, ensuring a clear separation of responsibilities in leadership[71]. - The company has established appropriate insurance arrangements for directors and senior management against legal liabilities arising from company operations[76]. Risk Management - The company has a robust internal control and risk management system in place, overseen by the board and its committees[74]. - The risk management process includes identifying, assessing, and managing significant risks, with annual reporting procedures in place[111]. - The board and senior management assess risks based on their potential impact on financial performance and the likelihood of occurrence[111]. - The company has implemented several measures to eliminate risks and maintain them at an acceptable level[113]. Shareholder and Financial Policies - The board of directors is responsible for the preparation of the financial statements for the year ending December 31, 2024[115]. - The company has established a dividend policy without a preset payout ratio, allowing flexibility based on financial conditions[130]. - The group plans to distribute a final dividend of HKD 0.025 per ordinary share for the year ending December 31, 2024, pending shareholder approval[156]. - The company has a shareholder communication policy to ensure that shareholder concerns are addressed effectively[129]. Legal and Compliance Matters - The company is involved in a legal dispute regarding a property damage claim amounting to approximately HKD 48,950,000 related to the collapse of a residential building, with a court decision expected within six months[41]. - The company has confirmed that there are no significant uncertainties regarding its ability to continue as a going concern[116]. - The group has achieved compliance with all necessary registrations and certifications for its operations in Macau and Hong Kong as of December 31, 2024[151]. Employee and Management Information - The total employee costs for the year ending December 31, 2024, amounted to MOP 43.3 million, an increase from MOP 36.3 million in 2023[54]. - The senior management team currently has 0% female representation, with 2 male senior managers[100]. - The total employee workforce consists of 17.8% female (26 employees) and 82.2% male (120 employees)[100]. - The company encourages all directors to participate in relevant training courses, with costs covered by the company[78]. Community and Social Responsibility - The company is actively involved in community development and has leadership roles in various associations related to youth and construction in Macau[135]. - The company has adopted an anti-corruption policy, emphasizing integrity, fairness, and transparency, with a zero-tolerance approach to fraud and bribery[106].

Financial Performance - For the year ended December 31, 2024, Lai Si Enterprise Holding Limited reported revenue of MOP 208,136,000, representing a 136.0% increase compared to MOP 88,189,000 in 2023[2]. - Gross profit for the same period was MOP 49,508,000, a significant increase of 236.3% from MOP 14,721,000 in the previous year, with a gross margin of 23.8%[2][5]. - The profit attributable to owners of the company was MOP 24,099,000, compared to a loss of MOP 18,547,000 in 2023, marking a substantial turnaround[2][5]. - Basic earnings per share for 2024 was MOP 6.0, recovering from a loss of MOP 4.6 per share in 2023[5]. - The adjusted profit before tax for 2024 was MOP 23,818,000, compared to a loss of MOP 18,725,000 in 2023, marking a turnaround in performance[19]. - The company reported a pre-tax profit of MOP 23,818,000 for 2024, compared to a pre-tax loss of MOP 18,725,000 in 2023, indicating a significant turnaround in performance[21][22]. - Basic earnings attributable to shareholders for 2024 were MOP 24,099,000, up from MOP 18,547,000 in 2023, reflecting an improvement in profitability[23]. Revenue Breakdown - The revenue from renovation, alteration, and addition works was MOP 193,905,000 in 2024, up from MOP 72,860,000 in 2023, indicating an increase of 166%[18]. - Revenue from external customers in Macau for 2024 was MOP 149,877,000, significantly higher than MOP 66,950,000 in 2023, representing an increase of 124%[16]. - Revenue from renovation projects rose by approximately MOP 121.0 million or 166.1%, while revenue from construction projects decreased by approximately MOP 1.3 million or 13.3%[35]. - Total revenue for the year ended December 31, 2024, was MOP 208.1 million, with renovation engineering contributing MOP 193.9 million (93.2% of total revenue)[34]. Financial Position - Total assets less current liabilities increased to MOP 132,395,000 in 2024 from MOP 108,438,000 in 2023, indicating improved financial stability[7]. - Current assets rose to MOP 113,743,000, up from MOP 74,564,000 in the previous year, reflecting enhanced liquidity[7]. - The net asset value increased by 23.0% to MOP 129,058,000 in 2024 from MOP 104,944,000 in 2023[8]. - The company reported a net cash position of MOP 24,463,000, significantly higher than MOP 10,129,000 in 2023, indicating stronger cash flow management[7]. - The company reported a decrease in non-current assets from MOP 104,332,000 in 2023 to MOP 101,936,000 in 2024[17]. - Trade receivables increased to MOP 58,364,000 in 2024 from MOP 42,374,000 in 2023, with a net book value of MOP 36,951,000 after impairment[25]. - The group's current assets and current liabilities were MOP 1,137 million and MOP 847 million respectively, resulting in a current ratio of 1.34, up from 1.04 in 2023[48]. - The debt-to-equity ratio decreased to 0.23 as of December 31, 2024, compared to 0.32 in 2023, primarily due to profit conditions during the year[48]. Dividends and Shareholder Returns - The company proposed a final dividend of HKD 0.025 per share, equivalent to MOP 0.0258, pending approval at the annual general meeting[3]. - The company proposed a final dividend of MOP 2.58 per share for 2024, totaling MOP 10,300,000, compared to no dividend in 2023[22]. - The board proposed a final dividend of HKD 0.025 per ordinary share for the year ended December 31, 2024, subject to shareholder approval[66]. Operational Highlights - The total employee cost for the year ended December 31, 2024, was MOP 43.3 million, an increase from MOP 36.3 million in 2023[64]. - As of December 31, 2024, the total number of full-time employees was 146, up from 140 in 2023[63]. - The company has maintained a consistent number of ordinary shares outstanding at 400,000,000 since 2023[23]. Taxation and Compliance - The company did not incur any provision for Macau's complementary tax due to taxable profits being absorbed by unutilized tax losses[20]. - The company's tax expenses for 2024 amounted to MOP 3,161,000, reflecting a significant reduction from the previous year's tax expenses[21]. - The company has complied with all applicable corporate governance codes as per the listing rules for the year ended December 31, 2024[70]. Future Outlook - The company plans to apply new and revised Hong Kong Financial Reporting Standards when they become effective[12]. - The company plans to actively explore broader markets to create more opportunities for development in a favorable economic environment[65]. - The company anticipates a favorable outcome in ongoing legal disputes, with no provisions made in the financial statements for potential liabilities[29][30]. Miscellaneous - The company has no supplier financing arrangements, and thus recent amendments to accounting standards did not impact its financial statements[11]. - The company has no capital commitments as of December 31, 2024, consistent with 2023[54]. - The group faced concentrated credit risk from its top five customers, with trade receivables and contract assets amounting to MOP 303 million, representing approximately 39.1% of total trade receivables and contract assets[59]. - The actual interest rates for borrowings ranged from 2.7% to 3.8% as of December 31, 2024, down from 3.3% to 4.4% in 2023[48]. - The company entered into a purchase agreement for a property in Hong Kong for HKD 10.4 million, aimed at supporting its business operations in Hong Kong[60]. - The audit committee, consisting of three independent non-executive directors, reviewed the financial information for the year ended December 31, 2024[72]. - The annual report for the year ended December 31, 2024, will be published on the stock exchange and the company's website[74]. - No buybacks, sales, or redemptions of the company's listed securities occurred during the year ended December 31, 2024[69]. - The company will suspend share transfer registration from June 18, 2025, to June 24, 2025, to determine eligibility for the proposed final dividend[68].

Hong Kong 香港 • Macau 澳門 中期報告 2024 （於開曼群島註冊成立的有限公司） (股份代號 : 2266) 黎氏企業控股有限公司 I 中國 I China I 澳門 I Macau I 香港 I Hong Kong I 新加坡 I Singapore I 泰國 I Thailand I 董事會 執行董事 黎英萬先生（主席） 黎鳴山先生（行政總裁） 黎盈惠女士 張穎思女士 獨立非執行董事 蕭永禧先生 陳玉泉先生 劉丁己博士 審核委員會 蕭永禧先生（主席） 陳玉泉先生 劉丁己博士 薪酬委員會 劉丁己博士（主席） 黎英萬先生 黎鳴山先生 蕭永禧先生 陳玉泉先生 提名委員會 黎英萬先生（主席） 黎盈惠女士 蕭永禧先生 陳玉泉先生 劉丁己博士 公司秘書 盧漢傑先生，會計師 公司資料 授權代表 黎鳴山先生 盧漢傑先生，會計師 註冊辦事處 Ocorian Trust (Cayman) Limited Windward 3, Regatta Office Park PO Box 1350 Grand Cayman KY1-1108 Cayman Islands 澳門總部 澳門 沙梨頭海邊街54號 黎氏企 ...

Financial Performance - Revenue for the six months ended June 30, 2024, reached MOP 81,824,000, a significant increase of 172.7% compared to MOP 30,003,000 for the same period in 2023[1] - Gross profit for the same period was MOP 18,536,000, reflecting a gross margin of 22.7%, up from 15.7% in the previous year, indicating a gross profit increase of 293.3%[1] - The profit attributable to owners of the company for the period was MOP 5,281,000, compared to a loss of MOP 9,367,000 in the prior year, resulting in earnings per share of MOP 1.3[2] - The company reported a net profit of MOP 5,671,000 for the period, compared to a loss of MOP 9,328,000 in the previous year, indicating a turnaround in overall performance[3] - The group reported a profit attributable to owners of the company of approximately MOP 5.3 million for the six months ended June 30, 2024, compared to a loss of MOP 9.4 million for the same period in 2023[35] - Earnings per share improved to MOP 1.3 cents for the six months ended June 30, 2024, from a loss of MOP 2.3 cents per share for the same period in 2023[36] Assets and Equity - Total equity attributable to owners increased by 5.4% to MOP 110,615,000 as of June 30, 2024, compared to MOP 104,944,000 at the end of 2023[5] - Current assets totaled MOP 93,646,000, an increase from MOP 74,564,000, reflecting a stronger liquidity position[4] - Non-current assets decreased slightly to MOP 105,143,000 from MOP 105,743,000, primarily due to changes in investment properties[4] - As of June 30, 2024, the group had net current assets of approximately MOP 8.9 million, an increase of MOP 6.2 million from MOP 2.7 million as of December 31, 2023[38] - The group’s asset-to-equity ratio increased to 0.35 as of June 30, 2024, from 0.32 as of December 31, 2023, primarily due to increased bank borrowings[39] Revenue Segmentation - The segment performance for renovation, alteration, and addition works showed a revenue of MOP 76,895,000 for the six months ended June 30, 2024, compared to MOP 20,891,000 in 2023, marking an increase of 267%[12] - The total value of new renovation projects awarded in the six months ended June 30, 2024, was approximately MOP 694 million, compared to MOP 274 million for the same period in 2023, representing a significant increase[25] Trade Receivables and Payables - Trade receivables rose to MOP 27,732,000, up from MOP 19,430,000, indicating improved collection efficiency[4] - Trade receivables as of June 30, 2024, amounted to MOP 49.1 million, up from MOP 42.4 million as of December 31, 2023[20] - The aging analysis of trade receivables shows that MOP 11.4 million was within one month, down from MOP 13.1 million in the previous year, while receivables over one year decreased to zero from MOP 31,000[21] - Trade payables as of June 30, 2024, were reported at MOP 19.7 million, slightly down from MOP 20.3 million as of December 31, 2023[21] Costs and Expenses - The cost of services provided for the six months ended June 30, 2024, was MOP 63,288,000, up from MOP 25,290,000 in 2023, indicating an increase of 150%[14] - Administrative expenses rose by MOP 1.6 million or 10.8% from MOP 15.2 million for the six months ended June 30, 2023, to MOP 16.9 million for the six months ended June 30, 2024, attributed to subcontractor disputes and consultancy services[30] - The total employee costs for the six months ended June 30, 2024, amounted to MOP 23.4 million, an increase from MOP 16.3 million for the same period in 2023[50] Impairment and Provisions - The company recorded a net impairment reversal of MOP 2,836,000 for financial assets and contract assets for the six months ended June 30, 2024, compared to MOP 1,299,000 in 2023[14] - The reversal of impairment losses on financial and contract assets recorded a recovery of MOP 2.8 million for the six months ended June 30, 2024, compared to MOP 1.3 million for the same period in 2023[31] - The group has a credit risk management team in place to set credit limits and monitor overdue debts, ensuring adequate provisions for uncollectible amounts[47] Dividends and Shareholder Returns - The company did not declare any interim dividend for the six months ended June 30, 2024, consistent with the previous year[1] - The company did not declare or pay any dividends for the periods ended June 30, 2024, and 2023[17] Corporate Governance and Compliance - The group has maintained compliance with all applicable corporate governance codes as per the listing rules during the reporting period[56] - The audit committee consists of three independent non-executive directors, including Mr. Siu Wing Hei (Chairman), Mr. Chan Yuk Chuen, and Dr. Lau Ting Ki[58] - The interim financial results for the six months ended June 30, 2024, have been reviewed by the audit committee and the group's auditor, Deloitte Hong Kong[59] Market Conditions and Future Outlook - The construction industry in Macau is still cautious due to unclear economic prospects, despite some recovery in the gaming and tourism sectors[51] - The group anticipates that the ongoing recovery of the gaming industry will be a key driver for economic growth, while non-gaming sectors require continued attention[53] Other Information - The group has not experienced any significant events after June 30, 2024, up to the date of this announcement[49] - The group currently has no foreign currency hedging policy, but management monitors foreign exchange risks and will consider hedging significant foreign currency risks if necessary[44] - The group has not repurchased, sold, or redeemed any of its listed securities during the six months ended June 30, 2024[55]

Financial Performance - Revenue decreased by approximately 48.8% to around MOP 88.2 million from approximately MOP 172.4 million for the fiscal year ending December 31, 2022[13]. - The company recorded a post-tax loss of approximately MOP 18.5 million for the fiscal year, compared to a post-tax profit of approximately MOP 5.3 million in the previous fiscal year[13]. - The group's total revenue for the year ended December 31, 2023, decreased by approximately MOP 84.2 million or 48.8% compared to the previous year, primarily due to a decline in renovation and construction services[23]. - The gross profit for the year ended December 31, 2023, was approximately MOP 14.72 million, a decrease of MOP 21.1 million or 58.9% from MOP 35.81 million in 2022[26]. - The gross profit margin decreased from approximately 20.8% in 2022 to 16.7% in 2023, primarily due to a reduction in the gross profit margin of renovation projects[29]. - Other income and losses for the year ended December 31, 2023, resulted in a net loss of approximately MOP 3.6 million, compared to a net loss of MOP 1.9 million in 2022[30]. - The group reported a loss attributable to owners of approximately MOP 18.5 million for the year ending December 31, 2023, compared to a profit of approximately MOP 5.3 million for the year ending December 31, 2022[34]. - Basic loss per share for the year ending December 31, 2023, was MOP 4.6 cents, a decrease of MOP 5.9 cents compared to earnings of MOP 1.3 cents for the year ending December 31, 2022[37]. Project and Revenue Details - The company completed 22 projects and was awarded 25 projects during the fiscal year ending December 31, 2023[13]. - Renovation project revenue for the year ended December 31, 2023, was MOP 72.86 million, a decrease of MOP 78.1 million or 51.7% from MOP 150.93 million in 2022[23]. - The construction engineering revenue for the year ended December 31, 2023, was MOP 10.12 million, a decrease of MOP 7.7 million or 43.3% from MOP 17.83 million in 2022[23]. - The group secured new renovation projects valued at approximately MOP 100.1 million for the year ended December 31, 2023, down from MOP 201.4 million in 2022[22]. - The total value of uncompleted renovation and construction projects as of December 31, 2023, was approximately MOP 91.0 million, compared to MOP 72.7 million as of December 31, 2022[22]. Financial Position and Ratios - Current assets exceeded current liabilities by MOP 2.7 million as of December 31, 2023, down from MOP 17.4 million in 2022[39]. - Cash and bank balances were MOP 10.1 million as of December 31, 2023, compared to MOP 22.4 million in 2022[40]. - The current ratio decreased to 1.04 as of December 31, 2023, from 1.2 in 2022, reflecting the loss situation for the year[47]. - The debt-to-equity ratio increased to 0.32 as of December 31, 2023, from 0.25 in 2022, primarily due to the loss for the year[47]. - Total borrowings amounted to MOP 33.5 million as of December 31, 2023, compared to MOP 31.0 million in 2022[40]. Management and Governance - The board of directors consists of 7 members, including 3 independent non-executive directors, meeting the listing rules requirements[92]. - The chairman and CEO positions are held by Mr. Li Ying Wan and Mr. Li Ming Shan, respectively, with Mr. Li Ying Wan leading the board and overall strategic management[89]. - All directors attended at least 5 out of 6 board meetings, demonstrating strong engagement in governance[88]. - The company has implemented appropriate insurance arrangements for directors and senior management against legal liabilities arising from company operations[97]. - The company encourages continuous professional development for directors, covering training costs[99]. - The board is collectively responsible for guiding and monitoring the company's affairs, including strategic direction and financial performance[94]. - The company has a robust internal control and risk management system in place, overseen by the board[94]. - The Audit Committee held two meetings during the year ending December 31, 2023, to review interim and annual financial performance and reports[108]. Risk Management and Compliance - The company has adopted an anti-corruption policy, emphasizing integrity, honesty, fairness, and transparency, with a zero-tolerance approach to fraud and bribery[138]. - The board is responsible for maintaining an effective risk management system and internal control system to protect the group's assets and shareholder interests, with annual reviews conducted[138]. - An independent external consultant has been appointed to review the effectiveness and adequacy of the group's risk management and internal control systems[142]. - The company has established risk management procedures to identify, assess, and manage significant risks, with senior management responsible for annual risk reporting[143]. - The company has implemented a policy for disclosing inside information to ensure shareholders and the public receive comprehensive and accurate information[146]. Market Outlook and Strategy - The group anticipates that the improving economic environment in Macau will gradually increase construction project volumes[17]. - The group plans to actively explore broader market opportunities to create more growth prospects amid the positive market outlook[17]. - The outlook for the Macau market remains positive, with expectations of increased construction opportunities driven by the recovery of the tourism and gaming sectors[67]. Employee and Operational Details - The total employee costs for the year ended December 31, 2023, amounted to MOP 36.3 million, a decrease from MOP 39.5 million in 2022[66]. - The group maintained a total of 140 full-time employees as of December 31, 2023, compared to 138 in 2022[66]. - The company emphasizes gender equality and aims for gender balance within the senior management team[129]. Shareholder Communication and Policies - The company has established a shareholder communication policy to ensure that shareholder opinions and concerns are properly addressed, confirming its effectiveness for the year ending December 31, 2023[166]. - The company has adopted a dividend policy without a preset dividend payout ratio, allowing the board to propose and/or declare dividends based on the financial condition and factors outlined in the policy[166]. - The company maintains a website as a communication platform for shareholders and investors, where financial and other relevant information is publicly accessible[165]. Corporate Structure and History - The company was established on June 1, 2016, in the Cayman Islands and listed on the main board of the Stock Exchange on February 10, 2017[192][194]. - The main business includes investment holding and providing corporate management services, with subsidiaries focusing on renovation, construction, and maintenance services[195].

Financial Performance - For the year ended December 31, 2023, the company reported revenue of MOP 88,189,000, a decrease of 48.8% compared to MOP 172,373,000 in 2022[2]. - Gross profit for the same period was MOP 14,721,000, down 58.9% from MOP 35,814,000, resulting in a gross margin of 16.7%, a decline of 4.1 percentage points from 20.8%[2]. - The company reported a loss attributable to owners of MOP 18,547,000, compared to a profit of MOP 5,316,000 in the previous year, resulting in a loss per share of MOP (4.6) versus earnings per share of MOP 1.3 in 2022[2]. - The company recorded a net loss of MOP 18,529,000 in total comprehensive income for the year, compared to a total comprehensive income of MOP 5,329,000 in 2022[7]. - Adjusted loss before tax for 2023 was MOP 18,725,000, compared to a profit of MOP 6,183,000 in 2022[26]. - The group reported a net loss attributable to the owners of the company of approximately MOP 18.5 million for the year ended December 31, 2023, compared to a profit of approximately MOP 5.3 million in 2022[59]. - Basic loss per share for the year ended December 31, 2023, was MOP 4.6 cents, a decrease of MOP 5.9 cents compared to earnings of MOP 1.3 cents per share in 2022[60]. Revenue Breakdown - Revenue from renovation, alteration, and addition works was MOP 72,860,000, down 51.7% from MOP 150,931,000 in the previous year[24]. - The construction segment generated revenue of MOP 10,115,000, a decline of 43.5% from MOP 17,832,000 in 2022[24]. - Maintenance services revenue increased to MOP 5,214,000, up 44.4% from MOP 3,610,000 in 2022[24]. - Revenue from external customers in Macau was MOP 66,950,000, a significant decrease from MOP 163,543,000 in 2022[22]. - Revenue from Hong Kong customers increased to MOP 21,239,000, up from MOP 8,830,000 in the previous year[22]. Assets and Liabilities - Total equity attributable to owners decreased by 15.0% to MOP 104,944,000 from MOP 123,473,000 in 2022[10]. - Non-current assets totaled MOP 105,743,000, down from MOP 109,762,000 in the previous year[9]. - Current assets decreased to MOP 74,564,000 from MOP 102,336,000, with cash and bank balances dropping to MOP 10,129,000 from MOP 22,386,000[9]. - Current liabilities decreased to MOP 71,869,000 from MOP 84,967,000, resulting in a net current asset position of MOP 2,695,000 compared to MOP 17,369,000 in 2022[9]. - The total value of uncompleted renovation and construction projects as of December 31, 2023, was approximately MOP 91.0 million, compared to MOP 72.7 million as of December 31, 2022[46]. - As of December 31, 2023, bank and other borrowings amounted to MOP 335 million, an increase from MOP 310 million in 2022[63]. - The group’s current assets and current liabilities were MOP 746 million and MOP 719 million respectively, resulting in a current ratio of 1.04, down from 1.2 in 2022[64]. - The debt-to-equity ratio increased to 0.32 as of December 31, 2023, compared to 0.25 in 2022, primarily due to losses incurred during the year[65]. Expenses - The company experienced an increase in administrative expenses to MOP 28,891,000 from MOP 26,275,000, alongside a significant rise in impairment losses on financial assets[5]. - Administrative expenses increased by approximately MOP 2.6 million or 10.0% to MOP 28.9 million for the year ended December 31, 2023, mainly due to increased bonuses to employees[56]. - The total employee costs for the year ended December 31, 2023, were MOP 36.3 million, down from MOP 39.5 million in 2022[83]. Dividends - The board of directors did not recommend a final dividend for the year ended December 31, 2023, consistent with the previous year[2]. - The company did not declare any dividends for the years ended December 31, 2023, and 2022[32]. - The board does not recommend a final dividend for the year ended December 31, 2023, consistent with the previous year[85]. Corporate Governance and Compliance - The company did not restate comparative figures in the financial statements due to the immateriality of the adjustments related to the accounting impact of the MPF offsetting mechanism[15]. - The group continues to comply with all applicable corporate governance codes as per the listing rules[89]. - The audit committee, consisting of three independent non-executive directors, has reviewed the financial statements for the year ended December 31, 2023[91]. Market Outlook - The outlook for the Macau market remains positive, with the gaming industry and inbound tourist numbers meeting government expectations, indicating a recovery towards pre-pandemic levels[84]. - The group plans to explore broader market opportunities in light of the favorable economic environment in the Hong Kong-Macau market[84]. Legal and Tax Matters - The company has no provisions made in the consolidated financial statements for potential liabilities related to ongoing legal disputes as of December 31, 2023[41][42][43]. - The company has not made any provisions for tax liabilities in Hong Kong due to available carryforward tax losses[28]. - The company has a deferred tax expense of MOP (298,000) for 2023, compared to MOP 858,000 in 2022[29]. Risk Management - The group has not implemented any foreign currency hedging policies but monitors foreign exchange risks[74]. - The group has no interest rate hedging policies in place but manages interest rate risks proactively[75]. - The maximum credit risk arises from the carrying amount of financial assets recognized in the consolidated financial statements[76]. - The group has made provisions for expected credit losses on accounts receivable based on assessments of recoverability[78]. - As of December 31, 2023, the group's trade receivables and contract assets from its five major clients amounted to MOP 11.1 million, a decrease from MOP 38.2 million in 2022, representing 24.2% of total trade receivables and contract assets (2022: 66.3%)[79].

Financial Performance - The group's revenue for the six months ended June 30, 2023, decreased by approximately MOP 35.5 million or 54.2% to MOP 30.0 million compared to MOP 65.5 million for the same period in 2022[12]. - The total value of newly awarded renovation projects for the six months ended June 30, 2023, was approximately MOP 27.4 million, a significant decrease from MOP 172.1 million for the same period in 2022[9]. - The gross profit for the six months ended June 30, 2023, decreased by approximately MOP 7.4 million or 61.1% to MOP 4.7 million, down from MOP 12.1 million for the same period in 2022[16]. - The gross profit margin decreased from approximately 18.5% for the six months ended June 30, 2022, to approximately 15.7% for the same period in 2023[16]. - The company reported a loss attributable to owners of approximately MOP 9.4 million for the six months ended June 30, 2023, compared to a profit of approximately MOP 0.3 million for the same period in 2022[25]. - The loss per share for the six months ended June 30, 2023, was MOP 2.3 cents, a decrease of MOP 2.4 cents compared to earnings of MOP 0.1 cents per share in the prior year[26]. - The company incurred an operating loss before tax of MOP 9,373,000, compared to a profit of MOP 181,000 in the previous year[82]. - Total comprehensive loss for the period amounted to MOP (9,328,000), compared to a total comprehensive income of MOP 261,000 in the prior year[85]. Expenses and Costs - Administrative expenses increased by approximately MOP 2.4 million or 18.7% to MOP 15.2 million for the six months ended June 30, 2023, compared to MOP 12.8 million for the same period in 2022[18]. - Other income, gains, and losses decreased from approximately MOP 1.5 million for the six months ended June 30, 2022, to approximately MOP 0.9 million for the same period in 2023[17]. - The total employee cost for the six months ended June 30, 2023, was MOP 16.3 million, a decrease from MOP 18.4 million for the same period in 2022[51]. - The cost of services provided was MOP 25,290,000, down from MOP 53,418,000 in the previous year[118]. Assets and Liabilities - The total value of unfinished renovation and construction projects as of June 30, 2023, was approximately MOP 72.7 million, compared to MOP 148.0 million as of June 30, 2022[9]. - As of June 30, 2023, the company had net current assets of approximately MOP 8.9 million, a decrease of approximately MOP 8.5 million from MOP 17.4 million as of December 31, 2022[30]. - The company's cash and bank balances were MOP 17.7 million as of June 30, 2023, down from MOP 22.4 million as of December 31, 2022[31]. - Current assets decreased significantly to MOP 75,400,000 from MOP 102,336,000, representing a decline of 26.3%[88]. - Total liabilities decreased from MOP 84,967,000 to MOP 66,481,000, a reduction of 21.8%[88]. - Net assets decreased to MOP 114,145,000 from MOP 123,473,000, indicating a decline of 7.5%[91]. Cash Flow and Financing - Cash and cash equivalents decreased to MOP 5,818,000 from MOP 18,257,000, a decline of 68.2%[100]. - Operating cash flow net amount was negative MOP 7,788,000, an improvement from negative MOP 16,767,000 in the previous year[97]. - The company incurred a total financing cash outflow of MOP 2,005,000, compared to an inflow of MOP 3,745,000 in the same period last year[97]. - The group's financing costs decreased to approximately MOP 0.5 million for the six months ended June 30, 2023, down from MOP 0.7 million for the same period in 2022[23]. Shareholder Information - The board of directors resolved not to declare any interim dividend for the six months ended June 30, 2023, consistent with the previous year[27]. - The company did not declare or pay any dividends for the six months ended June 30, 2023, and 2022[122]. - As of June 30, 2023, SHKMCL holds a beneficial interest of 300,000,000 shares, representing 75% of the company's equity[65]. - The company has not granted any share options under the share option scheme since its adoption on January 18, 2017[66]. Risk Management - The management is monitoring foreign exchange and interest rate risks, with no current hedging policies in place[42][43]. - The group’s credit risk is considered limited due to its counterparties being highly rated banks by international credit rating agencies[47]. - The group’s management believes that credit risk is well managed and resolved, with a significant reduction in concentration risk compared to the previous year[47]. - As of June 30, 2023, the group faced a concentration credit risk from its top five customers' trade receivables and contract assets amounting to MOP 14.2 million, representing approximately 37.2% of total trade receivables and contract assets[47]. Future Plans and Developments - The group plans to establish a subsidiary in Zhuhai in the second half of 2023 to expand its presence in the Greater Bay Area market[56]. - The group is actively preparing several engineering projects, with some expected to complete approval in the second half of 2023, which is anticipated to boost performance[56]. - The group is focusing on opportunities in local government projects and plans to partner with Chinese construction companies to participate in government construction[56]. Corporate Governance - The company has complied with all applicable code provisions of the Corporate Governance Code during the six months ended June 30, 2023[71]. - The audit committee has reviewed the accounting principles and policies adopted by the group for the six months ended June 30, 2023[73]. Accounting and Reporting - The interim financial data for the six months ended June 30, 2023, was prepared in accordance with Hong Kong Accounting Standard 34[106]. - The company adopted several new and revised Hong Kong Financial Reporting Standards during the reporting period, but these did not have a significant financial impact[109]. - The group has not reported any significant changes in its financial position or performance due to the adoption of new accounting standards[112].

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。 Lai Si Enterprise Holding Limited 黎氏企業控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2266） 截至2023年6月30日止六個月 中期業績公告 財務概要 （除另有說明外，以澳門幣（「澳門幣」）千元列示） 百分比 截至6月30日止六個月 增加╱ 2023年 2022年 （減少） （未經審核） （未經審核） 收益 30,003 65,545 (54.2%) 毛利 4,713 12,127 (61.1%) 毛利率 15.7% 18.5% (2.8%) 本公司擁有人應佔（虧損）╱溢利 (9,367) 278 不適用 ...

Financial Performance - The group's revenue increased by approximately 19.6% from about MOP 144.1 million in the previous fiscal year to about MOP 172.4 million for the year ended December 31, 2022[12]. - The group recorded a post-tax profit of approximately MOP 5.3 million, compared to a post-tax loss of about MOP 20.7 million in the previous fiscal year[12]. - In 2022, the company's total revenue increased by approximately MOP 28.3 million or 19.6% compared to 2021, driven primarily by a MOP 19.4 million or 14.8% increase in renovation project revenue and a MOP 8.9 million or 99.9% increase in construction project revenue[20]. - The gross profit for the company increased by approximately MOP 11.2 million or 45.6% to MOP 35.8 million in 2022, compared to MOP 24.6 million in 2021, primarily due to an increase in renovation projects[24]. - The gross profit margin improved from approximately 17.1% in 2021 to 20.8% in 2022, attributed to higher margins in renovation projects[26]. - Other income and losses for the year resulted in a net loss of approximately MOP 1.9 million, an improvement from a net loss of MOP 15.3 million in 2021[27]. - The group reported a profit attributable to the owners of approximately MOP 5.3 million for the year ended December 31, 2022, compared to a loss of approximately MOP 20.7 million for the year ended December 31, 2021[31]. - Basic earnings per share for the year ended December 31, 2022, was MOP 1.3 cents, an increase of MOP 6.5 cents from a loss of MOP 5.2 cents per share for the previous year[34]. Project and Operational Highlights - The group completed 24 projects and was awarded 23 projects during the fiscal year[12]. - The total value of newly awarded renovation projects in 2022 was approximately MOP 201.4 million, significantly up from MOP 77.4 million in 2021[19]. - The construction project backlog as of December 31, 2022, was valued at approximately MOP 72.7 million, up from MOP 36.9 million in 2021[19]. - The company expects significant increases in project volumes from the restaurant, hotel, and gaming sectors, which will drive revenue growth[15]. - The company anticipates a recovery to pre-pandemic performance levels as the economy stabilizes and customer traffic increases post-pandemic[15]. - The company plans to focus resources on renovation projects, leveraging local advantages and resources to capitalize on post-pandemic opportunities in the construction industry[15]. Financial Position and Capital Management - As of December 31, 2022, the group's current assets exceeded current liabilities by MOP 17.4 million, compared to MOP 5.3 million in the previous year[36]. - The group's cash and bank balances amounted to MOP 22.4 million as of December 31, 2022, up from MOP 11.5 million in the previous year[37]. - The group's total borrowings decreased to MOP 31.0 million as of December 31, 2022, from MOP 47.8 million in the previous year[37]. - The group's current ratio improved to 1.2 as of December 31, 2022, compared to 1.1 in the previous year, reflecting the profit situation for the year[40]. - The debt-to-equity ratio decreased to 0.25 as of December 31, 2022, from 0.41 in the previous year, primarily due to the repayment of bank borrowings[40]. - The group has sufficient working capital to meet its future operational needs as of December 31, 2022[35]. Governance and Risk Management - The board is responsible for leading and monitoring the company, ensuring effective internal control and risk management systems are in place[88]. - The audit committee, composed of three independent non-executive directors, held two meetings in the year ending December 31, 2022, to review financial performance and risk management systems[97]. - The company has established three committees: audit, remuneration, and nomination, to oversee specific aspects of governance[96]. - The board ensures that all directors receive timely access to company information and can seek independent professional advice when necessary[88]. - The company has adopted a board diversity policy, emphasizing the importance of diversity at the board level to maintain competitive advantage[109]. - The board is responsible for maintaining effective risk management and internal control systems, which are reviewed annually[119]. - An independent external consultant was appointed to review the effectiveness of the group's internal control system[121]. - The risk management procedures are designed to identify, assess, and manage significant risks, with senior management responsible for annual risk reporting[123]. Shareholder Communication and Policies - The company maintains effective communication with shareholders, particularly through annual general meetings and its website[141]. - The company has established a shareholder communication policy to ensure that shareholder concerns are properly addressed[142]. - The company has adopted a dividend policy without a preset distribution ratio, allowing the board to propose dividends based on financial conditions[142]. - The group did not recommend the payment of a final dividend for the year ended December 31, 2022[177]. Employee and Operational Costs - The group reported a total employee cost of MOP 39.5 million for the year ended December 31, 2022, down from MOP 44.2 million in 2021[58]. - Administrative expenses decreased by approximately MOP 2.4 million or 8.5% to MOP 26.3 million in 2022, due to cost control measures[28]. Market and Strategic Initiatives - The company is actively seeking suppliers to ensure a stable supply of quality food at competitive prices for its restaurant business in Macau[175]. - The group is exploring new business opportunities in the restaurant sector to generate new revenue streams[173]. - The company is investing in R&D, allocating F% of its budget to develop new technologies and improve existing products[148]. - Strategic partnerships are being formed to leverage complementary strengths and enhance market competitiveness[148]. Compliance and Regulatory Matters - The group has complied with all necessary registrations and certifications for its operations in Macau and Hong Kong as of December 31, 2022[169]. - The company has implemented an "Insider Information Disclosure Policy" to ensure accurate and timely information dissemination regarding its business and financial status[124].