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 會 就 本 公 告 全 部 或 任 何 部 分 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。 LOTUS HORIZON HOLDINGS LIMITED 智中國際控股有限公司 （股份代號：6063） （在開曼群島註冊成立的有限公司） 截至二零二五年三月三十一日止年度之 年度業績公告 智 中 國 際 控 股 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）欣 然 呈 列 本 公 司 及 其 附 屬 公 司（統 稱「本集團」）截 至 二 零 二 五 年 三 月 三 十 一 日 止 年 度 的 經 審 核 綜 合 年 度 業 績，連 同 截 至 二 零 二 四 年 三 月 三 十 一 日 止 年 度 的 比 較 數 字 如 下： | 財務摘要 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | -- ...

智通财经APP获悉，截止6月12日收盘，有159只股票创52周新高，其中HPC HOLDINGS(01742)、中国 生态旅游(01371)、云锋金融(00376)创高率位于前3位，分别为51.28%、43.10%、35.00%。 | Ａ工银中金美(03011) | 9,323.900 | 9,324 | 0.02% | | --- | --- | --- | --- | | Ａ博时美元－Ｕ(09196) | 1,101.350 | 1,101 | 0.01% | | Ａ中金港元(03071) | 1,122.750 | 1,123 | 0.00% | 52周新低排行 | 股票名称 | 收盘价 | 最低价 | | 创低率 | | --- | --- | --- | --- | --- | | 百德国际(02668) | 0.062 | 0.056 | -22.22% | | | 智中国际(06063) | 0.170 | 0.120 | -14.89% | | | 从玉智农(00875) | 0.300 | 0.295 | -9.23% | | | 中国绿地博大绿泽 | 0.013 | 0.012 | -7. ...

Financial Performance - Total revenue recognized for the six months ended September 30, 2024, was approximately HK$130.7 million[14]. - The Group's revenue increased by approximately HK$22.9 million or 21.2%, from approximately HK$107.8 million for the six months ended 30 September 2023 to approximately HK$130.7 million for the six months ended 30 September 2024[24]. - Revenue for the six months ended September 30, 2024, increased to HK$130,674,000, up 21.14% from HK$107,796,000 in the same period of 2023[68]. - The company reported a total comprehensive income of HK$2,019,000 for the period, compared to HK$1,139,000 in the previous year[68]. - The Group's net profit increased by approximately HK$1.1 million from approximately HK$0.9 million to approximately HK$2.0 million for the six months ended 30 September 2024[37]. - Profit before taxation rose to HK$2,254,000, compared to HK$1,353,000 in the previous year, reflecting a growth of 66.51%[68]. - Earnings per share increased to HK$0.10, up from HK$0.06 in the same period last year, marking a 66.67% increase[68]. Revenue Breakdown - Revenue from residential properties rose to approximately HK$90.0 million, accounting for 68.9% of total revenue, compared to HK$55.2 million or 51.2% in the previous period[27]. - Revenue from façade works and building metal finishing was approximately HK$86.1 million, representing 65.9% of total revenue[23]. - The contribution from public facilities revenue was approximately HK$40.6 million, accounting for 31.1% of total revenue, down from HK$51.5 million or 47.8% in the previous period[27]. - Revenue from façade works was HK$86,105,000, up from HK$73,665,000, representing a growth of 16.9%[111]. - Revenue from building metal finishing works increased to HK$44,569,000 from HK$34,131,000, marking a significant rise of 30.6%[111]. Project and Contract Status - As of September 30, 2024, the Group had 17 ongoing projects with a total original contract sum of approximately HK$920.1 million and a project backlog of approximately HK$413.1 million[14]. - During the same period, the Group was awarded 5 new projects with a total contract sum of approximately HK$208.5 million[15]. - The Group's contracts with customers are primarily fixed-price contracts, indicating a stable revenue model[119]. Cost and Expenses - Operating and administrative expenses rose by approximately HK$1.9 million or 17.4%, from approximately HK$10.7 million to approximately HK$12.6 million, primarily due to higher staff costs[36]. - Total staff costs for the six months ended September 30, 2024, amounted to HK$18,223,000, up from HK$17,590,000 in 2023, reflecting a year-on-year increase of approximately 3.6%[126]. - The Group anticipates low demand and stringent budgets in local residential and commercial development projects, which may negatively impact gross profit margins[19]. Assets and Liabilities - As of 30 September 2024, the Group had net current assets of approximately HK$120.1 million, with a current ratio of approximately 3.9 times[41]. - Total assets as of September 30, 2024, were HK$162,262,000, slightly down from HK$162,864,000 as of March 31, 2024[70]. - Current liabilities decreased to HK$42,138,000 from HK$44,453,000, indicating improved liquidity management[70]. - The Group's gearing ratio was approximately 3.7% as of September 30, 2024, compared to zero on March 31, 2024[48]. Cash Flow and Financial Management - Bank balances and cash decreased to approximately HK$59.1 million as of 30 September 2024, down from approximately HK$75.5 million[42]. - Net cash used in operating activities was HK$17,007,000, a significant decline compared to a net cash inflow of HK$14,525,000 in 2023[93]. - Cash and cash equivalents at the end of the period were HK$59,055,000, down from HK$75,452,000 at the beginning of the period[93]. - The Group has adopted a prudent approach in managing financial resources and maintaining adequate cash and cash equivalents[48]. Market Conditions and Outlook - The projected private flat supply in Hong Kong for the next three to four years remains high, with property developers hesitant to invest in new construction projects[18]. - Record-high office vacancy rates and declining office rents are expected to depress demand for new commercial properties, leading to a significant drop in commercial property development projects[18]. - The Group is prepared to implement more cost control measures to mitigate challenges in the market[19]. - The experienced management team and market reputation are expected to help the Group maintain market share and capture future opportunities[19]. Investments and Capital Expenditure - The Group incurred capital expenditure of approximately HK$1.5 million during the six months ended September 30, 2024, compared to approximately HK$30,000 for the same period in 2023[56]. - The Group did not engage in any significant investments, acquisitions, or disposals during the reporting period[59]. - There were no specific plans for material investments or capital assets as of September 30, 2024[60]. Trade Receivables and Payables - As of September 30, 2024, trade receivables amounted to HK$16,302, a decrease of 47.6% from HK$31,098 as of March 31, 2024[156]. - The ageing analysis of trade receivables shows that amounts overdue by 0 to 30 days decreased from HK$18,315 to HK$14,625, while those overdue by 31 to 60 days decreased from HK$11,378 to HK$1,383[164]. - Trade payables stood at HK$15,319,000 as of September 30, 2024, slightly up from HK$15,287,000 as of March 31, 2024[186]. - The current portion of trade and other payables increased to HK$23,910,000 as of September 30, 2024, from HK$22,665,000 as of March 31, 2024[186]. Taxation and Financial Reporting - The income tax expense is calculated under a two-tiered profits tax rates regime in Hong Kong, with the first HK$2,000,000 of profits taxed at 8.25% and profits above that taxed at 16.5%[130]. - The unaudited condensed consolidated financial statements for the six months ended September 30, 2024, have been prepared in accordance with Hong Kong Accounting Standards and are presented in Hong Kong Dollars (HK$) rounded to the nearest thousands (HK$'000)[99]. - The financial statements have not been audited or reviewed by external auditors but have been reviewed by the company's audit committee[102].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 130,674,000, representing a 21.14% increase from HKD 107,796,000 in the same period of 2023[1] - Gross profit for the same period was HKD 13,376,000, up from HKD 12,148,000, indicating an increase of 10.11%[1] - Profit before tax rose to HKD 2,254,000, compared to HKD 1,353,000, reflecting a growth of 66.54%[1] - Net profit for the period was HKD 2,019,000, an increase of 77.43% from HKD 1,139,000 in the previous year[1] - Basic earnings per share increased to HKD 0.10, up from HKD 0.06, marking a 66.67% rise[1] - Other income and gains for the period were HKD 1,614,000, compared to HKD 790,000, showing a significant increase of 104.56%[3] - Total revenue for the six months ended September 30, 2024, was approximately HKD 130.7 million, an increase of about HKD 22.9 million or 21.2% compared to HKD 107.8 million for the same period in 2023[78] - The gross profit for the six months ended September 30, 2024, was approximately HKD 13.4 million, up from HKD 12.1 million for the same period in 2023, while the gross profit margin decreased from 11.3% to 10.2%[81] - Net profit for the six months ended September 30, 2024, rose to approximately HKD 2.0 million from HKD 0.9 million for the same period in 2023[85] Assets and Liabilities - The total assets less current liabilities amounted to HKD 128,866,000, slightly up from HKD 127,744,000[9] - The net asset value as of September 30, 2024, was HKD 127,800,000, compared to HKD 125,781,000, indicating a growth of 1.61%[11] - Trade receivables as of September 30, 2024, amounted to HKD 19,677,000, a decrease from HKD 34,525,000 as of March 31, 2024, reflecting a reduction of approximately 43.1%[36] - The current portion of trade and other receivables was HKD 25,094,000 as of September 30, 2024, down from HKD 41,220,000 as of March 31, 2024, representing a decline of approximately 39.0%[36] - Total contract liabilities decreased from HKD (19,319,000) as of March 31, 2024, to HKD (11,302,000) as of September 30, 2024, a reduction of approximately 41.5%[43] - The group's current assets net value as of September 30, 2024, was approximately HKD 120.1 million, with a current ratio of about 3.9 times[86] - The group reported a total of HKD 4,779,000 in bank borrowings as of September 30, 2024, which was not present as of March 31, 2024[62] - The effective interest rate for floating bank loans ranged from 6.4% to 7.2% as of September 30, 2024, compared to 6.0% to 7.8% as of March 31, 2024[61] Operational Highlights - The company continues to focus on providing design, supply, and installation services for exterior wall engineering and building metal finishing projects[15] - The group’s operations are concentrated in providing design, supply, and installation services for external wall projects and building metal facade projects, with all revenue derived from customers in Hong Kong[24] - The group has 17 ongoing projects with a total contract value of approximately HKD 920.1 million and project backlog of about HKD 413.1 million[74] - The group secured 5 new projects with a total contract value of approximately HKD 208.5 million during the six months ended September 30, 2024[74] Employee and Management - Total employee costs for the six months ended September 30, 2024, amounted to HKD 18,223 thousand, compared to HKD 17,590 thousand in the same period of 2023, reflecting an increase of 3.6%[30] - Short-term employee benefits for key management personnel were HKD 4,463,000 for the six months ended September 30, 2024, compared to HKD 4,295,000 for the same period in 2023, reflecting an increase of approximately 3.9%[72] - As of September 30, 2024, the group has 59 full-time employees, an increase from 58 as of March 31, 2024[99] Financial Management and Risks - The group maintains a cautious approach to financial resource management, ensuring sufficient cash and cash equivalents to manage operational needs and cash flow volatility[88] - The group does not foresee any significant foreign exchange risks during the reporting period, as it primarily operates in Hong Kong[92] - The group has available bank financing of approximately HKD 76.5 million, with HKD 25.5 million utilized for bank loans and performance guarantees[88] - The group's debt-to-equity ratio as of September 30, 2024, is approximately 3.7%, calculated based on total bank loans divided by total equity[88] Dividends and Share Options - The company did not declare any interim dividend for the six months ended September 30, 2024[1] - The board of directors decided not to declare any interim dividend for the six months ending September 30, 2024, consistent with the previous year[106] - The total number of share options available for issuance under the share option plan is 200,000,000, representing 10% of the company's total issued share capital[104] - The group has adopted a share option scheme to incentivize employees and attract talent, with no options granted, cancelled, exercised, or lapsed since its adoption[103] Compliance and Governance - The audit committee has reviewed and approved the unaudited condensed consolidated financial statements for the six months ending September 30, 2024, ensuring compliance with applicable accounting standards and listing rules[115]

Employee Management and Development - The Group emphasizes the importance of employees as key assets for sustainable business development, offering competitive salaries and comprehensive benefits to attract and retain talent[1] - The remuneration package for employees includes salary, discretionary bonuses, and other cash subsidies to attract and retain talent[16] - The Group conducts annual salary and promotion reviews to attract and retain employees[90] - The Group is focused on enhancing employee loyalty and morale through various training programs[90] - As of March 31, 2024, the Group had 58 full-time employees, an increase from 54 as of March 31, 2023, primarily due to more project staff[90] - Total staff costs for FY2024 were approximately HK$37.2 million, compared to approximately HK$31.4 million in FY2023, indicating an increase of about 18.3%[90] Customer and Supplier Relationships - The Group maintains strong relationships with major customers, prioritizing reputable clients to secure future business opportunities and enhance job references[3] - Despite customer concentration, the Group believes its business model remains sustainable, allowing for service expansion to other customers[3] - The Group has established stable relationships with suppliers and subcontractors to effectively meet customer needs, ensuring fair procurement processes[3] - The Group's largest customer contributed approximately 51.7% of total revenue, with the top five customers accounting for 94.8%[17] - The Group's largest supplier accounted for approximately 18.1% of total procurement, while the top five suppliers accounted for 34.4% in the fiscal year 2024[17] Financial Performance - For FY2024, the Group recognized a significant increase in revenue of approximately HK$52.0 million or 27.3% compared to the prior financial year[42] - The total revenue for the year ended March 31, 2024, was HK$242,638,000, up from HK$190,621,000 in 2023, marking a significant growth[99] - Gross profit increased from approximately HK$12.8 million in FY2023 to approximately HK$26.4 million in FY2024, with the gross profit margin improving from approximately 6.7% to approximately 10.9%[84] - The Group's net profit for FY2024 was approximately HK$3.3 million, compared to a net loss of approximately HK$8.1 million in the previous year[87] - The Group confirmed other income, gains, and losses net of approximately HK$1.7 million in FY2024, compared to approximately HK$1.6 million in FY2023, including bank interest income of approximately HK$1.2 million[86] Project Management and Operations - The construction progress of the Group's key projects returned to normal during the Year after the lifting of COVID-19 restrictions[42] - The Group will maintain a prudent approach on bidding new projects while focusing on enhancing work quality, safety, and cost control[42] - The Group plans to periodically review its backlog and proactively seek potential opportunities for business expansion[42] - The Group had 15 projects in progress with a total original contract sum of approximately HK$704.4 million as of 31 March 2024[74] - The outstanding value of projects on hand was approximately HK$327.2 million, down from approximately HK$440.1 million as of 31 March 2023[61] Market Conditions and Future Outlook - The Group expects sustained competition in the local construction market due to global economic uncertainty and high interest rates affecting demand[42] - The number of residential and commercial property development projects in the Hong Kong market has decreased due to a glut of unsold units[42] - The construction industry in Hong Kong is expected to present long-term opportunities despite current global economic uncertainties[63] - Future outlook remains positive with anticipated growth in both residential and public facility sectors[102] - The Chief Executive's 2023 Policy Address highlighted commitments to land and housing supply, which are expected to drive growth in the construction sector[63] Corporate Governance and Compliance - There were no material breaches of applicable laws and regulations that significantly impacted the Group's business operations during the year[4] - The Company maintained the prescribed minimum public float for its shares as required under the Listing Rules throughout the year[5] - The Company has received annual confirmation of independence from each of the independent non-executive Directors[129] - The Company is committed to achieving a high level of corporate governance standards to safeguard shareholder interests and enhance corporate value[168] - The Company has adopted the Model Code for Securities Transactions by Directors to ensure compliance with securities transaction regulations[157] Share Capital and Securities - The total number of issued shares as of March 31, 2024, was 2,000,000,000[11] - The maximum limit of banking facilities available to the Group was approximately HK$114.7 million, with approximately HK$11.9 million utilized for performance guarantees as of 31 March 2024[88] - The Group's gearing ratio was zero as of 31 March 2024, down from approximately 23.5% as of 31 March 2023[88] - The Company did not issue any debentures during the Year[136] - The Board does not recommend the payment of a final dividend for the Year, consistent with the previous year where no dividend was paid[124]

Financial Performance - Revenue for the year ended March 31, 2024, was HKD 242,638 thousand, representing a 27.3% increase from HKD 190,621 thousand in the previous year[2]. - Gross profit for the same period was HKD 26,393 thousand, up from HKD 12,819 thousand, indicating a significant improvement in profitability[2]. - The company reported a profit before tax of HKD 3,929 thousand, compared to a loss of HKD 8,109 thousand in the prior year, marking a turnaround in financial performance[2]. - Net profit for the year was HKD 3,320 thousand, a recovery from a loss of HKD 8,102 thousand in the previous year[2]. - Basic earnings per share for the year were HKD 0.17, compared to a loss per share of HKD 0.41 in the previous year[2]. - The group’s net profit for the fiscal year was approximately HKD 3.3 million, compared to a net loss of approximately HKD 8.1 million in the previous year[98]. - The gross profit for fiscal year 2024 was approximately HKD 26,400,000, up from about HKD 12,800,000 in fiscal year 2023, resulting in a gross margin improvement from 6.7% to 10.9%[91]. Assets and Liabilities - Total assets as of March 31, 2024, amounted to HKD 162,864 thousand, slightly up from HKD 155,587 thousand in the previous year[5]. - Current liabilities were reported at HKD 44,453 thousand, a decrease from HKD 45,015 thousand in the previous year[5]. - The company's net asset value increased to HKD 125,781 thousand from HKD 122,461 thousand year-over-year[5]. - The company reported a total contract liability of HKD (19,319) in 2024, compared to HKD (943) in 2023, indicating a significant increase in liabilities[38]. - Contract liabilities rose sharply to HKD (25,338,000) in 2024 from HKD (2,119,000) in 2023, reflecting a significant increase in obligations[59]. - The company's asset-liability ratio as of March 31, 2024, was 0%, compared to approximately 23.5% on March 31, 2023, indicating no bank borrowings were utilized[135]. Revenue Sources - The group reported revenue from external customers in Hong Kong for facade engineering and building metal finishing services, with a fair value of recognized amounts of HKD 125,293 thousand in 2024 compared to HKD 38,867 thousand in 2023, indicating a significant increase[25][28]. - The group’s total revenue from facade engineering and building metal finishing services is primarily derived from fixed-price contracts with major property developers and general contractors in Hong Kong[27]. - The company’s revenue from design, supply, and installation services for exterior wall projects was HKD 151,755 in 2024, down from HKD 162,650 in 2023[41]. - Total revenue from external customers was entirely derived from clients located in Hong Kong[42]. - The company’s income from residential properties increased to HKD 145,974,000 in fiscal year 2024, representing 60.2% of total revenue, compared to HKD 96,455,000 or 50.6% in fiscal year 2023[90]. Costs and Expenses - The total employee costs increased to HKD 37,246 thousand in 2024 from HKD 31,361 thousand in 2023, reflecting a rise of approximately 18%[33]. - The group’s operating and administrative expenses for the fiscal year were approximately HKD 22.9 million, an increase of approximately HKD 1.1 million or 5.1% from approximately HKD 21.8 million in the previous year[114]. - Financing costs rose to HKD 1,446 thousand in 2024 from HKD 1,311 thousand in 2023, representing an increase of about 10%[32]. - The actual interest rate on floating bank loans for fiscal year 2024 ranged from 6.0% to 7.8%, compared to 4.6% to 7.7% in fiscal year 2023[83]. Contracts and Projects - The company secured 12 new projects during the year, with a total contract value of approximately HKD 92.1 million, including 7 facade engineering projects and 5 building metal facade projects[87]. - The group had 15 ongoing projects with a total contract value of approximately HKD 704.4 million as of March 31, 2024[104]. - The company has secured two new contracts totaling approximately HKD 88.5 million after March 31, 2024[76]. Governance and Compliance - The company has established an audit committee consisting of three independent non-executive directors to ensure compliance with corporate governance standards[131]. - The company has consistently adhered to the corporate governance code throughout the year, with ongoing reviews to enhance governance policies[160]. - The company has not declared a final dividend for the current fiscal year, consistent with the previous fiscal year[132]. Employee and Staffing - As of March 31, 2024, the company had 58 full-time employees, an increase from 54 on March 31, 2023, primarily due to the rise in project staff[123]. - The company has implemented strict cost control measures and adjusted project staffing based on construction progress and expected workload[123]. Other Income and Financial Adjustments - The group recognized other income of HKD 1,680 thousand in 2024, compared to HKD 1,597 thousand in 2023, showing a slight increase[29]. - The group reported a significant increase in life insurance income, rising to HKD 526 thousand in 2024 from HKD 240 thousand in 2023[33]. - The company reported a net other income of approximately HKD 1.7 million for fiscal year 2024, compared to HKD 1.6 million in fiscal year 2023[93]. - The company’s deferred tax expense was HKD (609) in 2024, a significant change from a tax benefit of HKD 7 in 2023[53]. Shareholder Information - The annual report for the year ending March 31, 2024, will be sent to shareholders and is available on the company's website[162]. - The board expresses gratitude for the efforts of the management team and employees, as well as the trust and support from shareholders and business partners[163]. - The company will suspend share registration from August 13, 2024, to August 16, 2024, to facilitate the annual general meeting[161].

Financial Performance - Total revenue recognized for the six months ended 30 September 2023 was approximately HK$107.8 million, compared to HK$104.3 million for the same period in 2022, representing a year-on-year increase of approximately 2.4%[17] - The Group reported a net profit of approximately HK$1.1 million for the six months ended 30 September 2023, compared to a net loss of approximately HK$2.7 million for the same period in 2022[12] - Earnings per share for the six months ended 30 September 2023 was HK$0.06, compared to a loss per share of HK$0.14 for the same period in 2022[17] - For the six months ended September 30, 2023, the Group reported a total comprehensive income of HK$1,139,000, compared to a loss of HK$1,139,000 in the previous period[97] - Profit before taxation for the six months ended September 30, 2023, was HK$1,139,000, compared to a loss of HK$2,719,000 in the same period of 2022[155] Revenue Breakdown - Revenue from façade works was HK$73.7 million, accounting for 68.3% of total revenue, while building metal finishing works generated HK$34.1 million, representing 31.7%[32] - Revenue for the period is derived from long-term contracts for design, supply, and installation services for façade works and building metal finishing works, primarily from fixed-price contracts with clients in Hong Kong[111][119] - The Group's performance in public facilities showed a significant increase in revenue, contributing HK$51.5 million, up from HK$34.7 million in the previous year, representing a growth of 48.3%[65] - Revenue from design, supply, and installation services for façade works and building metal finishing was HK$107,796,000 in 2023, slightly up from HK$104,282,000 in 2022[137] Cost and Profitability - The Group's gross profit margin improved significantly from approximately -1.7% for the six months ended 30 September 2022 to approximately 86.8% for the six months ended 30 September 2023[11] - Gross profit rose from approximately HK$7.1 million for the six months ended 30 September 2022 to approximately HK$12.1 million for the six months ended 30 September 2023, representing an increase of approximately HK$5.0 million[48] - The gross profit margin improved from approximately 6.8% to approximately 11.3% during the same period, attributed to enhanced project cost control and contributions from several higher-margin projects[48] - The increase in gross profit margin is attributed to the enhancement of project cost control and contributions from newly awarded projects with higher margins[67] Expenses and Costs Management - Operating and administrative expenses decreased from approximately HK$11.5 million for the six months ended 30 September 2022 to approximately HK$10.7 million for the six months ended 30 September 2023, a reduction of approximately 6.6%[12] - Total staff costs increased to HK$17,590,000 in 2023 from HK$15,240,000 in 2022, representing a growth of approximately 15.4%[130] Assets and Liabilities - Current assets increased to HK$169.5 million as of 30 September 2023, up from HK$155.6 million as of 31 March 2023[18] - Net current assets rose to HK$115.4 million as of 30 September 2023, compared to HK$110.6 million as of 31 March 2023[18] - The company's net assets increased to HK$123.6 million as of 30 September 2023, up from HK$122.5 million as of 31 March 2023[20] - Trade and other receivables decreased to HK$11.4 million as of 30 September 2023, down from HK$16.5 million as of 31 March 2023[18] - Contract assets increased to HK$85.9 million as of 30 September 2023, compared to HK$79.3 million as of 31 March 2023[18] - The Group's total assets increased from HK$122,461,000 at the beginning of the period to HK$123,600,000 by the end of the period, showing a modest growth of 0.9%[97] Cash Flow and Financing - Net cash from operating activities increased to HK$14,525,000, up from HK$2,950,000 in the same period last year, representing a growth of approximately 392%[102] - The Group's cash and cash equivalents at the end of the period were HK$69,307,000, an increase of 40.6% from HK$49,411,000 at the end of the previous period[102] - The Group's operations are primarily financed through cash flows generated from operations and bank borrowings[51] - The Group's total bank borrowings amounted to approximately HK$43.5 million, with a gearing ratio of approximately 20.7%, down from 23.5% as of 31 March 2023[70] Market Outlook and Strategy - The construction market remains competitive, with local property developers expected to continue stringent budget controls, putting pressure on profit margins[3] - The Group plans to maintain a prudent approach to bidding for new projects and continue implementing cost control measures to manage underlying risks[3] - Future opportunities in Hong Kong's construction industry are anticipated, driven by government commitments to land and housing supply and the development of the Northern Metropolis[3] Dividends and Shareholder Returns - The company did not declare any interim dividend for the six months ended September 30, 2023, consistent with the previous year[154] - No diluted earnings per share are presented as the Group has no potential ordinary shares in issue during both periods[179] Compliance and Governance - The financial statements are unaudited, reflecting preliminary figures that may be subject to change[196] - The interim report for 2023 highlights the company's ongoing commitment to transparency and financial accountability[197]

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，並明確表示概不會就本公告全 部或任何部分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。 LOTUS HORIZON HOLDINGS LIMITED 智 中 國 際 控 股 有 限 公 司 （在開曼群島註冊成立的有限公司） （股份代號：6063） 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告 智中國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然呈列本公司 及其附屬公司（以下統稱「本集團」）截至二零二三年九月三十日止六個月的未 經審核綜合業績，連同同期的比較數字如下： 財務摘要 截至九月三十日止六個月 二零二三年 二零二二年 千港元 千港元 （未經審核） （未經審核） 收益 107,796 104,282 毛利 12,148 7,097 除稅前溢利（虧損） 1,353 (3,183) 期內溢利（虧損） 1,139 (2,719) 每股基本盈利（虧損（）港仙） 0.06 (0.14) ...

Financial Performance - Total revenue for the fiscal year ended March 31, 2023, was approximately HK$190.6 million, a decrease from HK$223.99 million in the previous year, reflecting a decline of 14.9%[26][28]. - The Group reported a net loss of approximately HK$8.1 million for FY2023, an improvement compared to the previous year[41]. - Total revenue for FY2023 was approximately HK$190.6 million, a decrease of about HK$33.4 million or 14.9% from approximately HK$224.0 million in FY2022[49]. - The Group's gross profit increased from approximately HK$2.5 million in FY2022 to approximately HK$12.8 million in FY2023, with the gross profit margin rising from 1.1% to 6.7%[52]. - The Group's revenue decreased by approximately HK$33.4 million or 14.9% from approximately HK$224.0 million in FY2022 to approximately HK$190.6 million in FY2023, primarily due to delayed construction programmes of two key façade projects[68]. - The Group recognized other income, gains, and losses net of approximately HK$1.6 million in FY2023, compared to approximately HK$508,000 in FY2022, mainly from a one-off government subsidy of approximately HK$1.2 million[72]. Project and Contract Management - The Group was awarded 9 new projects with a total contract sum of approximately HK$252.7 million, including 6 façade works and 3 building metal finishing works[24]. - As of March 31, 2023, the outstanding value of projects on hand was approximately HK$440.1 million, up from HK$355.4 million as of March 31, 2022, representing a 23.8% increase[24]. - The total contract value of ongoing projects as of March 31, 2023, was approximately HK$765.9 million[26]. - The Group had 12 ongoing projects with a total original contract sum of approximately HK$765.9 million as of 31 March 2023[44]. - The unfinished value of projects as of 31 March 2023 was approximately HK$440.1 million, up from approximately HK$355.4 million a year earlier[47]. - The Group's projects are awarded on a project-by-project basis through tendering, and failure to secure new projects could adversely affect financial performance[99]. Cost Management and Profitability - The Group's gross profit margin is expected to recover gradually as new projects commence, with ongoing cost control measures to mitigate global economic uncertainties[25]. - The overall profit margin for ongoing projects remains under pressure due to high material prices and logistics costs[27]. - The Group anticipates better cost control and further improvement in gross profit margin in the coming years due to the lifting of COVID-19 restrictions[41]. - Operating and administrative expenses for FY2023 were approximately HK$21.8 million, a decrease of about HK$0.6 million or 2.4% from FY2022[56]. - The Group's financial performance may be adversely affected if there is a lack of continuity in the order book for new projects[99]. Employee and Governance - As of 31 March 2023, the Group had 54 full-time employees, maintaining a stable number of project and administrative staff[64]. - Total employee costs for FY2023 were approximately HK$31.4 million, down from approximately HK$34.7 million in FY2022[87]. - The Group maintained a stable number of full-time employees at 54 as of March 31, 2023, consistent with the previous year[110]. - The Group's Board Diversity Policy emphasizes the importance of diversity in maintaining a competitive advantage[135]. - The Group's corporate governance practices comply with the CG Code, with ongoing reviews to enhance policies and ensure compliance with statutory standards[176]. Safety and Compliance - The Group maintained a good safety management standard with no material findings of non-compliance during safety audits conducted by an independent auditor[135]. - The Group conducts regular internal safety inspections to ensure operations minimize risks to personnel and properties[135]. - A safety management system has been developed to manage records of non-compliance with safety procedures and remedial measures[135]. - The Group has implemented a COVID-19 policy with preventive measures, including rapid antigen testing for employees before entering project sites[138]. - The Group has established a mechanism for employees to report malpractices confidentially, ensuring protection for whistleblowers[166]. Environmental Management - The Group has not incurred any material costs on environmental compliance during the year, while implementing measures to mitigate environmental impacts[189]. - The Group has implemented measures to mitigate environmental impacts related to air pollution, noise, and waste disposal, without incurring significant costs for environmental compliance during the year[192]. - The Group's environmental management policy ensures compliance with environmental laws and regulations, involving employees and subcontractors in managing environmental matters[192]. Quality Control - The quality management system is implemented at various stages of projects, from procurement to installation, ensuring quality standards are met[155]. - Regular inspections and quality checks are conducted at suppliers' factories to ensure the quality of materials supplied[155]. - The company imposes strict quality control standards and monitors subcontractors' workmanship closely during the installation phase[155]. - Various tests, including building materials and design performance tests, are conducted to ensure projects meet required quality standards[155]. Financial Position and Capital Structure - As of March 31, 2023, the Group had net current assets of approximately HK$110.6 million, down from approximately HK$118.0 million as of March 31, 2022, with a current ratio of approximately 3.5 times[80]. - The Group's bank balances and cash increased to approximately HK$56.3 million as of March 31, 2023, compared to approximately HK$46.1 million as of March 31, 2022[80]. - The maximum limit of banking facilities available to the Group was approximately HK$115.0 million, with approximately HK$46.6 million utilized for bank borrowings and performance guarantees[80]. - The gearing ratio increased to approximately 23.5% as of March 31, 2023, up from approximately 16.1% as of March 31, 2022, primarily due to increased bank borrowings and a decrease in total equity[80]. - The Group's capital structure consists of equity attributable to the owners, with no changes reported throughout the year[103].

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，並明確表示概不會就本公告全 部或任何部分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。 LOTUS HORIZON HOLDINGS LIMITED 智 中 國 際 控 股 有 限 公 司 （在開曼群島註冊成立的有限公司） （股份代號：6063） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 年 度 業 績 公 告 智中國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然呈列本公司 及其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度的經審核 綜合年度業績，連同截至二零二二年三月三十一日止年度的比較數字如下： 財務摘要 截至三月三十一日止年度 二零二三年 二零二二年 千港元 千港元 收益 190,621 223,991 毛利 12,819 2,473 除稅前虧損 (8,109) (26,600) 年內虧損 (8,102) (22,656) 每股基本虧損（港仙） (0.41) (1.13) ...