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正利控股(03728) - 2025 - 年度业绩
2025-06-30 14:52
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。 Ching Lee Holdings Limited 正 利 控 股 有 限 公 司 (股份代號:3728) (於開曼群島註冊成立之有限公司) 截至二零二五年三月三十一日止年度的 年度業績公佈 財務業績 董事會(「董事會」)欣然公佈本公司及其附屬公司(「本集團」)截至二零二五年三月 三十一日止年度的綜合業績,並同時公佈截至二零二四年三月三十一日止年度經 審核的比較數據,載列如下: 綜合全面收益表 綜合財務狀況表 於二零二五年三月三十一日 | | | 二零二五年 | 二零二四年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 非流動資產 | | | | | 物業、廠房及設備 | | 31,264 | 32,078 | | 投資物業 | | 7,690 | – | | 無形資產 | | 790 | 790 | | 於聯營公司的權益 | | 13,260 ...
正利控股(03728.HK)6月2日收盘上涨16.13%,成交1.35万港元
Jin Rong Jie· 2025-06-02 08:38
最近一个月来,正利控股累计涨幅3.33%,今年来累计跌幅24.39%,跑输恒生指数16.1%的涨幅。 财务数据显示,截至2024年9月30日,正利控股实现营业总收入5.17亿元,同比增长28.8%;归母净利润 339.52万元,同比增长10.02%;毛利率6.87%,资产负债率79.25%。 6月2日,截至港股收盘,恒生指数下跌0.57%,报23157.97点。正利控股(03728.HK)收报0.036港元/ 股,上涨16.13%,成交量38万股,成交额1.35万港元,振幅3.23%。 机构评级方面,目前暂无机构对该股做出投资评级建议。 行业估值方面,建筑行业市盈率(TTM)平均值为8.82倍,行业中值1.6倍。正利控股市盈率2.85倍,行 业排名第10位;其他浦江国际(02060.HK)为1.01倍、进升集团控股(01581.HK)为1.51倍、靛蓝星 (08373.HK)为1.58倍、中国管业(00380.HK)为1.6倍、饮食天王(环球)(08619.HK)为1.66倍。 资料显示,正利控股有限公司为香港交易所上市公司(编号: 3728),是香港的一名总承建商,其成员成立于 1998年,公司的服务范围包 ...
正利控股(03728) - 2025 - 中期财报
2024-12-17 08:38
Financial Performance - Total revenue increased by approximately HKD 128.2 million or 28.8% to HKD 573.2 million for the six months ended September 30, 2024, compared to HKD 445.0 million for the same period in 2023[10]. - Net profit for the six months ended September 30, 2024, was approximately HKD 3.8 million, an increase of about HKD 0.4 million or 10.0% from HKD 3.4 million in the same period of 2023[18]. - Basic and diluted earnings per share for the six months ended September 30, 2024, were HKD 0.37, compared to HKD 0.34 for the same period in 2023[18]. - The group recorded a gross profit of HKD 39.4 million for the six months ended September 30, 2024, compared to HKD 35.0 million in the same period of 2023[21]. - Gross profit rose by approximately HKD 4.4 million or 12.6% to about HKD 394 million for the six months ended September 30, 2024, compared to HKD 35 million for the same period in 2023[67]. Revenue and Growth Drivers - The increase in revenue was mainly driven by a significant rise in superstructure construction services, offset by a decrease in RMAA services and substructure construction services[66]. - The total revenue for the six months ended September 30, 2024, was HKD 573,152,000, compared to HKD 444,981,000 for the same period in 2023, reflecting a growth of approximately 28.8%[44]. Cash Flow and Financial Position - The net cash used in operating activities for the six months ended September 30, 2024, was HKD (20,248,000), an improvement from HKD (32,537,000) in the same period of 2023[33]. - The company reported a net cash increase of HKD 20,901,000 for the six months ended September 30, 2024, compared to a decrease of HKD (19,328,000) in the same period of 2023[33]. - The financing activities generated a net cash inflow of HKD 15,916,000 for the six months ended September 30, 2024, compared to HKD 13,265,000 in the same period of 2023, showing an increase of approximately 19.9%[33]. - The company’s cash and cash equivalents increased to HKD 63,907,000 as of September 30, 2024, from HKD 37,672,000 in the same period of 2023, reflecting a growth of approximately 69.5%[33]. Assets and Liabilities - Current assets totaled HKD 559.2 million as of September 30, 2024, compared to HKD 508.7 million as of March 31, 2024[24]. - As of September 30, 2024, the total assets of the group were approximately HKD 630.3 million, with total liabilities and shareholders' equity amounting to HKD 499.5 million and HKD 130.8 million, respectively[74]. - The company’s total non-current liabilities decreased to HKD 1,020,000 as of September 30, 2024, from HKD 1,448,000 as of March 31, 2024, a reduction of approximately 29.6%[27]. - The capital-to-debt ratio as of September 30, 2024, was approximately 143.9%, an increase from 130.8% as of March 31, 2024, based on total interest-bearing debt of approximately HKD 188.2 million[75]. Dividends and Share Capital - The group does not recommend the payment of an interim dividend for the six months ended September 30, 2024[18]. - The company did not declare an interim dividend for the six months ended September 30, 2024, consistent with the same period in 2023[51]. - The issued share capital of the company was HKD 10,130,000, with a total of 1,013,000,000 shares issued as of September 30, 2024[81]. Operational Focus and Strategy - The group will continue to focus on its core business, including substructure and superstructure construction services, as well as repair, maintenance, alteration, and addition (RMAA) services[11]. - The group aims to enhance its influence in the industry and seek favorable returns for shareholders[11]. - The company will continue to focus on its core business areas, including substructure construction, superstructure construction, and RMAA services, while exploring opportunities from public sector projects[63]. Employee and Governance - The group employed a total of 186 employees as of September 30, 2024, with employee costs amounting to approximately HKD 51.7 million for the six months ended September 30, 2024, compared to HKD 44.5 million for the same period in 2023[88]. - The company has complied with the principles and provisions of the corporate governance code during the reporting period[114]. - The audit committee currently consists of three independent non-executive directors, including Dr. Wai Wing Hong, Mr. Tong Hin Sum, and Mr. Chow Kam Wing, with Mr. Chow serving as the chairman[137]. Risk and Commitments - The group had no significant capital commitments or major investments planned[83]. - The group had no significant acquisitions or disposals of subsidiaries or associates during the six months ended September 30, 2024[84]. - There were no significant contingent liabilities as of September 30, 2024[85]. - The group had no foreign exchange risk as of September 30, 2024[80].
正利控股(03728) - 2025 - 中期业绩
2024-11-25 14:31
Financial Performance - For the six months ended September 30, 2024, the company recorded revenue of approximately HKD 573.2 million, an increase of about 28.8% or HKD 128.2 million compared to the same period in 2023[1]. - The net profit for the same period was approximately HKD 3.8 million, reflecting an increase of about HKD 0.4 million or 10.0% year-over-year[1]. - Basic and diluted earnings per share for the six months ended September 30, 2024, were approximately HKD 0.37, compared to HKD 0.34 for the same period in 2023[1]. - The gross profit for the six months ended September 30, 2024, was HKD 39.4 million, up from HKD 35.0 million in the same period of 2023[3]. - The company reported a total comprehensive income of HKD 3.8 million for the six months ended September 30, 2024, compared to HKD 3.4 million for the same period in 2023[3]. - The total revenue for the six months ended September 30, 2024, is HKD 573,152,000, compared to HKD 444,981,000 for the same period in 2023, representing an increase of approximately 28.9%[22]. - Profit before tax for the six months ended September 30, 2024, was HKD 3,765,000, compared to HKD 3,422,000 for the same period in 2023, reflecting an increase of 10.1%[30]. Assets and Liabilities - The total assets less current liabilities amounted to HKD 131.8 million as of September 30, 2024, compared to HKD 128.5 million as of March 31, 2024[5]. - Current assets totaled HKD 559.2 million as of September 30, 2024, an increase from HKD 508.7 million as of March 31, 2024[5]. - Current liabilities increased to HKD 498.5 million as of September 30, 2024, compared to HKD 452.4 million as of March 31, 2024[5]. - The total equity as of September 30, 2024, is HKD 130,773,000, an increase from HKD 127,008,000 as of April 1, 2024, reflecting a growth of approximately 2.2%[13]. - As of September 30, 2024, the group's total assets were approximately HKD 630.3 million, with total liabilities and equity of approximately HKD 499.5 million and HKD 130.8 million, respectively[48]. - The company's total liabilities remain unchanged at HKD 28,965,000 as of September 30, 2024, compared to April 1, 2024[13]. Cash Flow - The net cash used in operating activities for the six months ended September 30, 2024, is HKD (20,248,000), an improvement compared to HKD (32,537,000) for the same period in 2023[15]. - The net cash generated from investing activities for the six months ended September 30, 2024, is HKD 25,233,000, contrasting with HKD (56,000) for the same period in 2023[15]. - The net cash generated from financing activities for the six months ended September 30, 2024, is HKD 15,916,000, compared to HKD 13,265,000 for the same period in 2023[15]. - The cash and cash equivalents increased to HKD 63,907,000 as of September 30, 2024, from HKD 43,006,000 at the beginning of the period[15]. Revenue Breakdown - Revenue from superstructure construction services for the six months ended September 30, 2024, is HKD 573,084,000, up from HKD 435,111,000 in the same period of 2023, indicating a growth of approximately 31.8%[22]. - The revenue from RMAA (Repair, Maintenance, Alteration, and Addition) services for the six months ended September 30, 2024, is HKD 68,000, compared to HKD 8,774,000 in the same period of 2023, showing a significant decline[22]. Shareholder Information - The total number of issued shares as of September 30, 2024, was 1,013,000,000 shares[4]. - Executive Director Wu Chai Wah held 726,800,000 shares, representing approximately 72.73% of the company's equity[65]. - Major shareholder JT Glory Limited held 645,000,000 shares, accounting for approximately 63.67% of the company's equity[70]. - A total of 32,500,000 share options were granted under the share option scheme, with an exercise price of HKD 0.40 per share[83]. - The maximum number of shares that can be issued under the share option scheme is capped at 10% of the total issued shares on the listing date, which amounts to 100,000,000 shares[86]. Corporate Governance - The company has adhered to the corporate governance principles and rules as of September 30, 2024[79]. - The chairman and CEO roles are held by the same individual, which the board believes strengthens leadership during the company's rapid development phase[78]. - The audit committee consists of three independent non-executive directors, ensuring appropriate accounting and financial management expertise[98]. - The audit committee reviewed the accounting principles and practices adopted by the company and discussed internal control procedures and financial reporting matters[98]. Employee Information - As of September 30, 2024, the group employed a total of 186 employees, an increase from 172 employees as of March 31, 2024[60]. - Employee costs for the six months ended September 30, 2024, amounted to approximately HKD 51.7 million, compared to approximately HKD 44.5 million for the same period in 2023, reflecting an increase of about 16.1%[60]. Other Information - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2024[1]. - There were no significant investments or capital asset plans as of September 30, 2024[56]. - The company did not engage in any significant acquisitions or disposals of subsidiaries or associates during the six months ended September 30, 2024[57]. - There were no significant contingent liabilities as of September 30, 2024[58]. - The company held no significant investments as of September 30, 2024[62]. - There were no significant events after the reporting period[63].
正利控股(03728) - 2024 - 年度业绩
2024-06-21 13:37
Financial Performance - Total revenue for the year ended March 31, 2024, was HKD 4,896,689, an increase from HKD 708,782 in the previous year[2] - Gross profit for the same period was HKD 76,582, compared to HKD 71,345 in the previous year, reflecting a growth of approximately 7.5%[2] - Net profit for the year was HKD 10,692, down from HKD 11,559, indicating a decrease of about 7.5%[2] - Basic earnings per share decreased to HKD 1.06 from HKD 1.14, a decline of approximately 7%[2] - The company reported a total comprehensive income of HKD 10,713 for the year, down from HKD 11,559, reflecting a decrease of about 7.4%[2] - The company reported a total revenue of HKD 71,345 thousand for the fiscal year ending March 31, 2023, after adjustments[15] - The operating profit before tax was HKD 14,191 thousand, reflecting a decrease of HKD 367 thousand compared to previous reporting[15] - The net profit for the year was HKD 11,559 thousand, down by HKD 259 thousand from prior figures[15] - Basic and diluted earnings per share were reported at HKD 1.14, a decrease of HKD 0.03[15] - Total revenue for the year ended March 31, 2024, was HKD 10,713 million, representing a 67% increase compared to HKD 10,780 million in the previous year[18] - Gross profit was HKD 76,582 million, slightly down by 0.08% from HKD 76,642 million year-over-year[18] - Operating profit before tax was HKD 13,501 million, a decrease of 0.74% from HKD 13,602 million in the previous year[18] - Net profit for the year was HKD 10,692 million, down by 0.82% from HKD 10,780 million year-over-year[18] Assets and Liabilities - Total assets as of March 31, 2024, were HKD 128,456, compared to HKD 118,676 in the previous year, showing an increase of about 8.5%[3] - Current liabilities decreased to HKD 452,406 from HKD 463,843, a reduction of approximately 2.9%[3] - The total non-current liabilities amounted to HKD 2,381 million, a decrease from HKD 1,448 million in the previous period[4] - The total equity increased to HKD 127,008 million from HKD 116,295 million, reflecting a growth of approximately 9.8%[4] - The company reported a capital reserve of HKD 116,878 million, up from HKD 106,165 million, indicating a growth of about 10.6%[4] - The company’s cash and cash equivalents decreased to HKD 43,006 from HKD 57,000, a decline of approximately 24.6%[3] - Trade and other receivables decreased to HKD 78,205 from HKD 94,334, indicating a reduction of about 17%[3] - The company’s long-term service fund provisions are reported at HKD 717 million, compared to HKD 655 million previously[4] - The total lease liabilities are reported at HKD 1,726 million, reflecting a strategic approach to managing liabilities[4] Accounting Standards and Policies - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial performance or position during the reporting period[7] - The implementation of HKFRS 17 has not had any significant impact on the consolidated financial statements of the group[9] - The company adjusted its accounting policy in line with the Hong Kong Institute of Certified Public Accountants' guidelines, impacting the long-term service liabilities[14] - The company is preparing for the transition to new accounting guidelines effective from May 1, 2025, which will impact the treatment of mandatory contributions under the MPF scheme[11] Market and Business Strategy - The company is focused on providing construction and consultancy engineering services in Hong Kong, with a commitment to project management[6] - The company plans to continue focusing on expanding its construction and consulting services within Hong Kong, leveraging its existing client base and exploring new project opportunities[24] - The company's market strategy includes expanding its construction services in both residential and commercial sectors[43] Client Contributions and Revenue Sources - Major clients contributing over 10% of total revenue included Client I with HKD 124,155,000, Client II with HKD 121,230,000, and Client III with HKD 91,215,000[25] - The revenue from construction and consulting engineering services in Hong Kong for the year 2024 was HKD 896,689,000, compared to HKD 708,782,000 in 2023, representing an increase of approximately 26.5%[26] - The revenue from maintenance, repair, and renovation services was HKD 11,733,000 in 2024, compared to HKD 71,388,000 in 2023, indicating a decline of approximately 83.6%[26] - The revenue from the superstructure construction services segment was approximately HKD 881.1 million, an increase of about HKD 266.6 million compared to HKD 614.6 million in the previous year, primarily due to new projects and significant progress in existing projects[47] - The revenue from RMAA services was approximately HKD 11.7 million, a decrease of about HKD 59.7 million compared to HKD 71.4 million, primarily due to smaller project sizes compared to the previous year[48] Employee and Operational Costs - Employee costs for the year ended March 31, 2024, amounted to approximately HKD 77.9 million, compared to approximately HKD 60.0 million for the year ended March 31, 2023[69] - Administrative and other operating expenses increased to approximately HKD 53.4 million, up by about HKD 0.8 million or 1.4% from HKD 52.6 million, mainly due to increased employee benefits expenses[52] - As of March 31, 2024, the company employed a total of 171 employees, an increase from 143 employees as of March 31, 2023[69] Share Capital and Dividends - The company's issued share capital as of March 31, 2024, was HKD 10,130,000, with a total of 1,013,000,000 ordinary shares issued, each with a par value of HKD 0.01[66] - The company did not declare any interim dividends during the year and does not recommend any final dividends for the years ending March 31, 2024, and March 31, 2023[33] - The company has not recognized any potential dilution from stock options as the exercise price exceeds the average market price of the shares[34] Compliance and Governance - The company is currently led by Mr. Wu Caihua, who serves as both Chairman and CEO, a decision made to ensure stable and effective leadership during a rapid development phase[80] - The company has adhered to the corporate governance principles and rules as stipulated in the listing rules, ensuring compliance up to March 31, 2024[81] - The audit committee reviewed the consolidated financial statements for the year ended March 31, 2024, confirming compliance with applicable accounting standards[77] Miscellaneous - There were no significant investments or capital asset plans as of March 31, 2024[67] - There were no significant acquisitions or disposals of subsidiaries or associates during the year ended March 31, 2024[68] - The company maintains a prudent treasury policy, ensuring a healthy liquidity position throughout the year[65] - There were no significant events after the reporting period[72] - The annual performance announcement will be published on the Hong Kong Stock Exchange website and the company's website, with all relevant information to be sent to shareholders at an appropriate time[83]
正利控股(03728) - 2024 - 中期财报
2023-12-15 10:08
Financial Performance - Total revenue increased by approximately 77.0% to HKD 445.0 million for the six months ended September 30, 2023, compared to HKD 251.5 million for the same period in 2022[5]. - Net profit for the six months ended September 30, 2023, was approximately HKD 3.4 million, representing an increase of about 126.2% from HKD 1.5 million in the same period of 2022[11]. - Basic and diluted earnings per share for the six months ended September 30, 2023, were HKD 0.34, up from HKD 0.15 in the same period of 2022[11]. - For the six months ended September 30, 2023, the company reported a profit of HKD 3,422,000, an increase of 126.4% compared to HKD 1,513,000 for the same period in 2022[32]. - The company reported a net interest income of HKD 369,000, a substantial increase from HKD 2,000 in the prior year[28]. - Gross profit increased by approximately HKD 11.1 million or 46.4% to approximately HKD 35.0 million, while the overall gross profit margin decreased to 7.9% from 9.5%[42]. - Administrative and other operating expenses rose by approximately HKD 3.5 million or 14.6% to approximately HKD 27.5 million, primarily due to increased salaries[44]. - Financing costs surged by approximately HKD 3.6 million or 219.3% to approximately HKD 5.3 million, attributed to increased bank borrowings and interest rates[46]. - Net profit attributable to owners increased by approximately HKD 1.9 million or 126.2% to approximately HKD 3.4 million, driven by new projects and effective cost control[48]. Dividend and Shareholder Information - The company did not recommend an interim dividend for the six months ended September 30, 2023, consistent with the previous year[11]. - The company did not declare an interim dividend for the six months ended September 30, 2023, consistent with the previous year[31]. - The company reported no interim dividend for the six months ended September 30, 2023[78]. - The issued share capital of the company as of September 30, 2023, was HKD 10,130,000, with a total of 1,013,000,000 shares issued[55]. - The company's executive director, Mr. Ng, holds 72.60% of the total shares, amounting to 735,480,000 shares[66]. Assets and Liabilities - Non-current assets totaled HKD 74.9 million as of September 30, 2023, compared to HKD 76.3 million as of March 31, 2023[14]. - Current assets amounted to HKD 487.3 million as of September 30, 2023, down from HKD 506.1 million as of March 31, 2023[14]. - Total liabilities decreased from HKD 464.1 million as of March 31, 2023, to HKD 441.2 million as of September 30, 2023[15]. - Total equity increased to HKD 119,976,000 as of September 30, 2023, up from HKD 116,554,000 as of April 1, 2023[17]. - As of September 30, 2023, total assets were approximately HKD 562.2 million, with total liabilities and equity at approximately HKD 442.3 million and HKD 120.0 million, respectively[49]. - The debt-to-equity ratio increased to approximately 132.4% as of September 30, 2023, compared to 120.4% as of March 31, 2023[50]. - Trade receivables decreased to approximately HKD 40.1 million from HKD 64.8 million, while trade payables decreased to approximately HKD 191.7 million from HKD 243.9 million[34][36]. Cash Flow and Financing - The company generated a net cash outflow from operating activities of HKD 32,537,000, an improvement from HKD 54,474,000 in the previous year[19]. - The company’s financing activities generated a net cash inflow of HKD 13,265,000, a decrease from HKD 75,215,000 in the previous year[19]. - Cash and cash equivalents decreased to HKD 37,672,000 at the end of the period, compared to HKD 57,000,000 at the beginning of the period[19]. Business Outlook and Strategy - The management is optimistic about the economic outlook in Hong Kong and the construction industry, anticipating improvements in labor supply due to policy changes[6]. - The company will continue to focus on its core business as a private general contractor in Hong Kong, including substructure and superstructure construction services, as well as renovation and maintenance services[6]. - The management team is exploring new opportunities and potential acquisition targets to enhance shareholder value[6]. - The company remains optimistic about the construction industry outlook in Hong Kong, focusing on core business areas and exploring new opportunities and acquisitions[39]. Governance and Compliance - The audit committee consists of three independent non-executive directors, ensuring proper oversight of financial reporting and internal controls[92]. - The company has complied with the principles and provisions of the corporate governance code as of September 30, 2023[76]. - The chairman and CEO roles are currently held by the same individual, which the board believes is beneficial for the company's stability and decision-making[76]. - The company has delegated operational and management responsibilities to other executive directors to ensure effective governance[76]. - The company will review the need for appointing a separate CEO when necessary[76]. Employee and Operational Information - Employee costs for the six months ended September 30, 2023, amounted to approximately HKD 44.5 million, a significant increase from HKD 24.6 million for the same period in 2022[60]. - The group employed a total of 147 employees as of September 30, 2023, up from 143 employees as of March 31, 2023[60]. - As of September 30, 2023, the group had no major capital commitments or plans for significant investments in capital assets[57]. - The company did not engage in any significant acquisitions or disposals of subsidiaries or associates during the six months ended September 30, 2023[58]. - There were no contingent liabilities as of September 30, 2023, consistent with the previous reporting period[59]. - No major events occurred after the reporting period that would impact the financial position of the company[62]. - The company did not purchase, sell, or redeem any of its listed securities during the six months ended September 30, 2023[74]. - As of September 30, 2023, a total of 32,500,000 share options were granted under the share option scheme, with an exercise price of HKD 0.40 per share[90]. - No share options were exercised or forfeited during the six months ended September 30, 2023[90]. - The maximum number of shares that may be issued under the share option scheme is capped at 10% of the total issued shares at the time of listing, which amounts to 100,000,000 shares[83]. - The company has a remaining term of approximately 4 years for the share option scheme, expiring on November 20, 2027[90].
正利控股(03728) - 2024 - 中期业绩
2023-11-27 11:45
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。 Ching Lee Holdings Limited 正 利 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:3728) 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 的 中 期 業 績 公 佈 • 截至二零二三年九月三十日止六個月,本集團錄得收入約445.0百萬 港 元,較 截 至 二 零 二 二 年 九 月 三 十 日 止 六 個 月 增 加 約77.0%或193.5 百萬港元。 • 本 集 團 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 確 認 利 潤 淨 額 約3.4百 萬 港 元,較 截 至 二 零 二 二 年 九 月 三 十 日 止 六 個 月 增 加 約1.9百 萬 港 元或126.2%。 • 截至二零二三年九月三十日止六個月,每股基本及攤薄盈利為0.34 港仙,而二零二二年同期為0.15港仙。 • 董 事 會 不 建 議 就 ...
正利控股(03728) - 2023 - 年度财报
2023-07-25 09:38
Financial Performance - The company's total revenue increased by approximately HKD 172.3 million or 32.1% to about HKD 708.8 million for the fiscal year ending March 31, 2023, compared to approximately HKD 536.5 million for the previous year[6]. - Revenue from superstructure construction services rose by approximately HKD 117.5 million or 23.6% to about HKD 614.6 million, driven by an increase in the number of new projects[16]. - Revenue from RMAA services surged by approximately HKD 52.3 million or 274.6% to about HKD 71.4 million, attributed to significant progress in major projects[17]. - Gross profit increased by approximately HKD 47.4 million or 195.7% to about HKD 71.7 million, with a gross margin of 10.1%, up from 4.5% in the previous year[20]. - Basic earnings per share for the fiscal year were HKD 1.17, compared to a loss of HKD 1.79 per share in the previous year[6]. - The company reported a net profit of approximately HKD 11.8 million for the year ending March 31, 2023, compared to a net loss of approximately HKD 18.2 million for the previous year, marking a turnaround due to increased project numbers and effective cost control[27]. Cost Management and Expenses - The increase in revenue is primarily due to enhanced project cost control measures implemented by the management team[5]. - Administrative and other operating expenses increased by approximately HKD 7.3 million or 16.2% to about HKD 52.6 million, driven by higher employee benefits and legal and professional fees[22]. - Financing costs rose by approximately HKD 3.0 million or 89.6% to about HKD 6.3 million, mainly due to increased average bank borrowings and interest rates[23]. Strategic Outlook and Growth Initiatives - The company remains optimistic about the economic recovery in Hong Kong and the construction industry, focusing on core business areas and seeking new opportunities[7]. - The management team is exploring new acquisition targets to enhance shareholder value[7]. - The company aims to leverage its extensive experience in the construction industry to explore opportunities in infrastructure and property development projects[8]. - The company has set a future outlook with a revenue target of HKD 1.5 billion for the next fiscal year, indicating a projected growth of 25%[52]. - New product development includes the introduction of eco-friendly construction materials, which are expected to contribute an additional HKD 200 million in revenue over the next two years[52]. - The company is expanding its market presence in Southeast Asia, with plans to enter three new countries by the end of 2024, aiming for a 10% market share in those regions[52]. - A strategic acquisition of a local construction firm is in progress, which is expected to enhance operational capabilities and increase market share by 5%[52]. - The company has invested HKD 50 million in technology upgrades to improve project management efficiency, aiming for a 20% reduction in project delivery times[52]. - The company plans to enhance its workforce by hiring an additional 200 employees over the next year to support growth initiatives[52]. Corporate Governance - The board of directors has approved a dividend payout of HKD 0.10 per share, reflecting a 10% increase from the previous year[52]. - The company has adopted the standard code of conduct for securities trading as per the listing rules, confirming compliance for the fiscal year ending March 31, 2023[85]. - The company has three independent non-executive directors, constituting more than one-third of the board, all of whom meet the independence criteria[88]. - The chairman and CEO roles are held by the same individual, which the board believes enhances stable leadership during the company's rapid development phase[84]. - The company has purchased liability insurance for directors and senior officers to cover legal liabilities arising from actions taken[92]. - The board is responsible for overseeing the company's business management and ensuring alignment with shareholder interests[89]. - The company emphasizes the importance of continuous professional development for directors, encouraging attendance at relevant seminars[96]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with clear written terms of reference[102]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to improving stakeholder communication to enhance business success in a challenging market[167]. - The board actively supervises environmental, social, and governance (ESG) matters to ensure effective implementation of related policies[151]. - The company has established an Environmental, Social, and Governance (ESG) Committee to enhance governance and sustainable development, consisting of 3 members[163]. - The company has identified 27 significant environmental, social, and governance (ESG) issues through stakeholder surveys and assessments[172]. - Key ESG issues prioritized include anti-corruption, occupational health and safety, and hazardous waste management[177]. - The company has implemented ISO 14001:2015 environmental management system since 2009 to enhance its ability to manage environmental impacts[178]. - The company aims to reduce both waste gas and greenhouse gas emissions by 5% to 10% in the coming year compared to the average density of the reporting year and the previous year[190]. - The company has implemented environmental policies to reduce emissions, including regular maintenance of machinery and vehicles[182]. - The company plans to replace traditional vehicles with electric vehicles under the "one-for-one" scheme to further reduce gasoline usage[182]. - The company emphasizes the importance of wastewater management and aims to minimize water pollution while enhancing water consumption efficiency[195]. Risk Management - The group has adopted multiple risk management procedures and guidelines to ensure effective risk management practices are integrated into daily operations[123]. - The board has established a three-tier risk management approach to identify, assess, mitigate, and respond to risks[123]. - The company has implemented a disclosure policy to maintain the confidentiality of potential inside information until timely disclosure is made in accordance with listing rules[126].
正利控股(03728) - 2023 - 年度业绩
2023-06-23 12:33
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。 Ching Lee Holdings Limited 正 利 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:3728) 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 的 年 度 業 績 公 佈 財務業績 董事會(「董事會」)欣然公佈本公司及其附屬公司(「本集團」)截至二零二三 年三月三十一日止年度的經審核綜合業績,並同時公佈截至二零二二年 三月三十一日止年度經審核的比較數據,載列如下: 綜合全面收益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 收入 4 708,782 536,502 收入成本 (637,111) (512,265) 毛利 71,671 24,237 ...
正利控股(03728) - 2023 - 中期财报
2022-12-13 09:08
Financial Performance - Total revenue for the six months ended September 30, 2022, decreased by approximately 26.7% or HKD 91.8 million to HKD 251.5 million compared to HKD 343.3 million for the same period in 2021[10] - The net profit for the six months ended September 30, 2022, was approximately HKD 1.5 million, a significant improvement from a net loss of HKD 9.3 million for the same period in 2021[18] - Basic and diluted earnings per share for the six months ended September 30, 2022, were HKD 0.15, compared to a loss of HKD 0.92 for the same period in 2021[19] - The group recorded a gross profit of HKD 23.9 million for the six months ended September 30, 2022, compared to HKD 19.4 million for the same period in 2021[23] - Revenue from superstructure construction services decreased to HKD 224,619 thousand for the six months ended September 30, 2022, down 29% from HKD 317,687 thousand in the same period of 2021[47] - The company reported a total comprehensive income of HKD 1,513 thousand for the six months ended September 30, 2022, compared to a loss of HKD (9,289) thousand for the same period in 2021[33] - The company reported a profit of approximately HKD 1.5 million for the six months ended September 30, 2022, compared to a net loss of approximately HKD 9.3 million for the same period in 2021, marking a turnaround from loss to profit[75] Assets and Liabilities - The total current assets as of September 30, 2022, increased to HKD 364.3 million from HKD 259.1 million as of March 31, 2022[26] - Total current liabilities increased to HKD 340,002 thousand as of September 30, 2022, compared to HKD 216,602 thousand as of March 31, 2022, representing a 57% increase[30] - Cash and cash equivalents decreased to HKD 27,005 thousand as of September 30, 2022, from HKD 58,549 thousand at the beginning of the period[36] - Total assets as of September 30, 2022, were approximately HKD 446.5 million, with total liabilities and equity at approximately HKD 340.3 million and HKD 106.2 million, respectively[76] - The debt-to-equity ratio increased to approximately 138.5% as of September 30, 2022, up from approximately 67.0% as of March 31, 2022, with total interest-bearing debt at approximately HKD 147.1 million[77] - Trade receivables increased to HKD 60.2 million as of September 30, 2022, from HKD 26.1 million as of March 31, 2022[58] - Trade payables increased to HKD 123.6 million as of September 30, 2022, from HKD 81.8 million as of March 31, 2022[61] Expenses and Costs - The group’s administrative and other operating expenses decreased to HKD 24.0 million for the six months ended September 30, 2022, from HKD 28.1 million for the same period in 2021[23] - Employee costs for the six months ended September 30, 2022, were approximately HKD 24.6 million, a decrease from approximately HKD 29.0 million for the same period in 2021[90] - Financing costs decreased by HKD 0.4 million or 18.0% to HKD 1.7 million for the six months ended September 30, 2022[73] Dividends and Share Capital - The board does not recommend the payment of an interim dividend for the six months ended September 30, 2022[20] - The company did not declare an interim dividend for the six months ended September 30, 2022, consistent with the same period in 2021[54] - The issued share capital as of September 30, 2022, was HKD 10,130,000, with a total of 1,013,000,000 ordinary shares issued[83] - The total number of shares issued as of September 30, 2022, is 1,013,000,000[110] Governance and Management - The audit committee consists of three independent non-executive directors, ensuring proper oversight of financial reporting[140] - The company reviewed its accounting principles and internal control procedures for the six months ending September 30, 2022[140] - The interim financial statements for the period were discussed and reviewed by the management and the audit committee[140] - The chairman of the company is Mr. Ng Choi Wah, with a team of executive and independent non-executive directors[140] - The company has complied with the corporate governance code principles during the reporting period[115] Strategic Focus - The group plans to continue focusing on its core business as a general contractor in Hong Kong while exploring new opportunities and potential acquisition targets[11] - The management acknowledges the impact of COVID-19 and geopolitical tensions on project execution and is taking appropriate measures to navigate these challenges[65]