Core Insights - The company reported a revenue of HKD 82.386 million for the six months ending June 30, 2025, representing a year-on-year increase of 17.19% [1] - The loss attributable to shareholders was HKD 9.414 million, which is a 10.66% increase compared to the same period last year [1] - The basic loss per share was HKD 0.0096 [1] Revenue Breakdown - The revenue from the asphalt pavement maintenance equipment segment increased by 161.3% compared to the same period in 2024, primarily due to the sale of a set of modular series equipment [1] - The gross margin for the asphalt pavement maintenance equipment segment improved from 41.7% for the six months ending June 30, 2024, to 46.9% for the current period [1]

Core Viewpoint - Indah Recycling Technology (06888.HK) reported an operational revenue of approximately HKD 82.4 million from continuing operations for the six months ending June 30, 2025, representing an increase of about 17.2% compared to the same period in 2024 [1] Financial Performance - The company reported a total loss attributable to owners from continuing operations of approximately HKD 9.4 million, which is an increase of about 4.0% compared to a loss of approximately HKD 9.1 million in the same period last year [1]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 之 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 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 （於開曼群島註冊成立的有限公司） （股份代號：6888） 截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月 期 間 中 期 業 績 公 告 英 達 公 路 再 生 科 技（集 團）有 限 公 司（「本 公 司」）董 事 會（「董 事 會」）欣 然 公 佈 本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月 期 間（「本 期 間」）之 未 經 審 核 綜 合 中 期 業 績。 財 務 摘 要 | 收 毛 | 益 利 公 | | 擁 | 有 | 人 | 應 | | | | 損）╱溢 | | | 利 | 截 經 千 | 至 | 六 六 | | 個 ...

格隆汇8月8日丨英达公路再生科技(06888.HK)公布，谨定于2025年8月29日(星期五)举行董事会会议， 藉以(其中包括)考虑及批准发布公司及其附属公司截至2025年6月30日止六个月的中期业绩以及其他相 关事宜。 ...

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之內容概不負責，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分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 ( 於開曼群島註冊成立的有限公司 ) (股份代號: 6888) 董事會召開日期 英達公路再生科技(集團)有限公司(｢本公司｣)董事會(｢董事會｣)茲通知謹定於二零二五 年八月二十九日(星期五)舉行董事會會議，藉以(其中包括)考慮及批准發佈本公司及其 附屬公司截至二零二五年六月三十日止六個月之中期業績以及其他相關事宜。 承董事會命 英達公路再生科技(集團)有限公司 主席 施偉斌 香港，二零二五年八月八日 於本公告日期，執行董事為施偉斌先生及陳啟景先生；非執行董事為施韻雅女士、周紀昌先 生、唐偉章教授及曾淵滄博士；獨立非執行董事為楊琛女士、劉智鵬教授及黎健強教授。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 FF301 第 1 頁 共 10 頁 v 1.1.1 公司名稱: 英達公路再生科技（集團）有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06888 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0 ...

Financial Performance - For the fiscal year ending December 31, 2024, the company's revenue was approximately HKD 187.958 million, a slight increase from HKD 187.889 million in 2023[9]. - Gross profit increased by 11.2% to HKD 89.968 million compared to HKD 80.906 million in the previous year[9]. - Profit attributable to owners from continuing and discontinued operations was HKD 12.557 million, up 7.5% from HKD 11.677 million in 2023[9]. - The company’s earnings per share from continuing and discontinued operations increased by 9.6% to HKD 1.26, compared to HKD 1.15 in 2023[9]. - The group's revenue from continuing operations for 2024 was approximately HKD 188 million, remaining stable compared to 2023[26]. - The profit attributable to the company's owners from continuing operations was approximately HKD 5.3 million, showing relative stability compared to 2023[26]. Financial Position - The company maintained a strong financial position with cash totaling approximately HKD 293.760 million, a 15.5% increase from HKD 254.281 million in 2023[10]. - The company’s current ratio improved to 2.8 from 2.1, indicating better short-term financial health[10]. - The group's total equity decreased to approximately HKD 708.8 million in 2024 from HKD 763.3 million in 2023, influenced by the sale of highway maintenance equity and currency translation adjustments[60]. - The net current assets as of December 31, 2024, were approximately HKD 474.2 million, down from HKD 485.7 million in 2023[60]. - As of December 31, 2024, the total debt of the group is HKD 117.5 million, an increase from HKD 99.1 million in 2023[63]. Revenue Segments - The asphalt pavement maintenance service segment's revenue increased due to a rise in the total service area of the "in-situ thermal regeneration" project, with a gross margin increase from 42.7% in 2023 to 46.5% in 2024[29]. - Revenue from the "in-situ thermal regeneration" project reached HKD 169,101 thousand for the year ended December 31, 2024, representing a 21.4% increase from HKD 139,299 thousand in 2023[45]. - Revenue from the asphalt pavement maintenance equipment segment decreased by 61.2% to approximately HKD 18.857 million in 2024, compared to HKD 48.590 million in 2023[47]. Market Outlook - The company anticipates that the highway maintenance market in China will exceed RMB 500 billion over the next five years, with preventive maintenance expected to account for over 40%[18]. - The Chinese government is expected to maintain high growth in road maintenance investment, with fiscal spending projected to exceed RMB 100 billion, marking the arrival of the "full maintenance era"[37]. Innovation and Development - The company plans to enhance its green and low-carbon transformation in line with national policies, focusing on innovative technologies in the maintenance sector[16]. - The group aims to launch a third-generation modular device with self-adjusting learning capabilities by 2025, significantly improving operational precision and efficiency under complex road conditions[5]. - The company developed the PM800, an innovative automated in-situ thermal regeneration repair vehicle, which can be operated remotely by a single operator[34]. - The company also launched the FDR3000, a high-capacity flood control vehicle designed to adapt to various flood environments[34]. Research and Development - The group plans to establish two low-carbon maintenance technology research and development centers within the year and collaborate with leading automotive companies to develop new energy maintenance equipment[5]. - The company registered a total of 256 patents as of December 31, 2024, up from 238 in 2023, including 37 invention patents, 189 utility model patents, and 30 design patents[34]. Corporate Governance - The company is committed to high levels of corporate governance to protect shareholder interests and enhance corporate value through expansion into asphalt pavement maintenance business[95]. - The board consists of nine members, including two executive directors, four non-executive directors, and three independent non-executive directors[99]. - The company has established an internal control system to monitor and balance power within the board[95]. - The company has adopted the standard code for securities trading by directors, ensuring compliance throughout the year[96]. Shareholder Engagement - The company encourages shareholder participation in annual general meetings to enhance transparency and communication[130]. - The board has the discretion to declare dividends based on operational performance, cash flow, and financial conditions, subject to shareholder approval[137]. - The company maintains a website for regular updates on business operations, financial data, and other relevant information for public access[134]. Risk Management - The company has established credit policies and internal controls to assess and collect trade receivables, particularly from local government departments in China[62]. - The company is focusing on expanding its customer base to mitigate risks associated with fluctuations in local government spending on road maintenance[80]. - The management's estimation of expected credit losses involves subjective judgment and management estimates, making it a key audit matter[190]. Audit and Compliance - The independent auditor's report confirms that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2024[186]. - The audit committee assists the board in overseeing the financial reporting process[196]. - The company has established a policy for information disclosure and regularly reminds directors and employees to comply with insider trading regulations[121].

Financial Performance - The company reported a total revenue of HKD 187,958,000 for the fiscal year ending December 31, 2024, representing an increase of 11.2% compared to HKD 187,889,000 in the previous year[3]. - Gross profit for the same period was HKD 89,968,000, up from HKD 80,906,000, indicating a significant improvement in profitability[4]. - The net profit attributable to shareholders from continuing operations was HKD 12,557,000, reflecting a 7.5% increase from HKD 11,677,000[3]. - Basic earnings per share from continuing and discontinued operations rose to HKD 1.26, a 9.6% increase from HKD 1.15[3]. - The company achieved a net profit of HKD 21,300,000 for the year, compared to HKD 28,382,000 in the previous year, showing a decrease in overall profitability[4]. - The company reported other income of HKD 5,884,000, significantly higher than HKD 2,509,000 from the previous year[4]. - The company experienced a decrease in total comprehensive income from HKD 28,382,000 to HKD 21,300,000, highlighting challenges in maintaining profitability[4]. - The company’s administrative expenses rose to HKD 63,146,000 from HKD 61,187,000, reflecting increased operational costs[4]. - The total comprehensive income for the year was HKD (27,222) thousand, compared to HKD (17,301) thousand in the previous year, indicating a decline[5]. - The profit attributable to equity holders of the company was HKD 12,557 thousand, up from HKD 11,677 thousand year-over-year[6]. - The profit from discontinued operations was HKD 7,284 thousand, compared to HKD 6,365 thousand in the previous year, indicating growth[6]. - The total comprehensive income for the year included a foreign exchange loss of HKD (25,433) thousand, compared to HKD (16,295) thousand in the previous year[5]. Assets and Liabilities - Total assets decreased from HKD 940,614,000 in 2023 to HKD 732,891,000 in 2024, representing a decline of approximately 22%[7]. - Current liabilities decreased from HKD 454,916,000 in 2023 to HKD 258,657,000 in 2024, a reduction of about 43%[8]. - Cash and cash equivalents increased from HKD 246,688,000 in 2023 to HKD 279,258,000 in 2024, showing an increase of approximately 13%[7]. - Total equity decreased from HKD 763,315,000 in 2023 to HKD 708,766,000 in 2024, a decline of about 7%[8]. - The company reported a net asset value of HKD 708,766,000 in 2024 compared to HKD 763,315,000 in 2023, indicating a decrease of approximately 7%[9]. - The company’s total liabilities decreased from HKD 781,329,000 in 2023 to HKD 724,635,000 in 2024, a reduction of about 7%[7]. - The company’s total non-current assets decreased from HKD 295,631,000 in 2023 to HKD 250,401,000 in 2024, a decline of approximately 15%[7]. Revenue Segmentation - Total revenue from customer contracts reached HKD 187,958,000, with HKD 169,101,000 from ongoing operations and HKD 18,857,000 from sales of equipment[16]. - Revenue from the mainland China market accounted for HKD 185,131,000, while overseas revenue was HKD 2,827,000[16]. - The maintenance services segment generated HKD 139,299,000, while the sales equipment segment contributed HKD 48,590,000 to total revenue[17]. - Revenue from the asphalt pavement maintenance service segment increased, while the revenue from the asphalt pavement maintenance equipment segment decreased by 61.2% compared to 2023[61]. Research and Development - Research and development expenses increased to HKD 14,435,000 from HKD 12,288,000, indicating a focus on innovation and new product development[4]. - The group registered a total of 256 patents as of December 31, 2024, an increase from 238 in 2023[63]. - The group developed the industry's first automated in-situ thermal regeneration repair vehicle PM800, which requires only one operator for remote operation[64]. - The group also developed a large-capacity flood control vehicle FDR3000 to address severe flooding challenges[64]. Market Strategy and Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[2]. - The company aims to explore overseas business opportunities and strategic collaborations with other companies, including listed companies and large state-owned enterprises[68]. - The company plans to enhance market penetration, especially in cities with limited use of "in-situ thermal regeneration" technology[69]. - The company remains confident in its business outlook and aims to provide higher returns to shareholders by leveraging technology[70]. Corporate Governance and Compliance - The board is committed to high standards of corporate governance to protect shareholder interests and enhance corporate value[103]. - The audit committee has reviewed the consolidated financial statements for the year ending December 31, 2024[105]. - The company has not identified any violations of employee trading guidelines during the year[108]. Employee and Operational Metrics - The group employed 295 full-time employees as of December 31, 2024, up from 264 in 2023[102]. - Total employee costs increased to HKD 42,616 million in 2024 from HKD 33,708 million in 2023, marking an increase of about 26.4%[35]. - Administrative expenses rose by approximately 3.1% from about HKD 61.2 million in 2023 to approximately HKD 63.1 million in 2024, mainly due to increased legal and professional fees related to the sale of highway maintenance equity[79]. Financial Position and Cash Flow - The group maintains a solid cash position and is committed to effectively utilizing financial resources to support business expansion needs[91]. - The group's bank balances and cash, including pledged and restricted deposits, amounted to approximately HKD 293.8 million as of December 31, 2024, up from HKD 254.3 million in 2023, primarily due to cash generated from operating activities and the sale of a subsidiary[88]. - The net proceeds from the IPO amount to approximately HKD 687 million, with allocations for R&D, new production facilities, and general corporate purposes[94].

@ Freetech 英達科技 英達公路再生科技(集團)有限公司 Freetech Road Recycling Technology ( Holdings ) Limited (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號：6888 I同领先 INTERIM REPORT 中期報告 '公路嘴尘" 目錄 2 公司資料 本中期報告以環保紙張印刷 2 3 管理層討論及分析 3 15 企業管治報告及其他資料 15 20 簡明綜合損益及其他全面收入表 20 21 簡明綜合財務狀況表 21 23 簡明綜合權益變動表 23 25 簡明綜合現金流量表 25 27 簡明綜合中期財務報表附註 27 簡明綜合中期財務報表附註 本中期報告以環保紙張印刷 公司資料 林恩善先生 | --- | --- | |--------------------------------------|----------------------------------| | | | | 董事曾 | 集團總部及香港主 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 155,477 thousand, a decrease of 5.2% compared to HKD 164,043 thousand for the same period in 2023[2]. - Gross profit increased to HKD 38,095 thousand, representing a 31.0% increase from HKD 29,082 thousand year-over-year[2]. - The company reported a loss attributable to owners of the company of HKD (8,507) thousand, a significant decline of 473.6% compared to a profit of HKD 2,277 thousand in the previous year[2]. - Basic loss per share was HKD (0.85), a decrease of 486.4% from earnings of HKD 0.22 per share in the same period last year[2]. - Total comprehensive income for the period was HKD (26,271) thousand, compared to HKD (11,367) thousand in the same period last year[4]. - For the six months ended June 30, 2024, the group reported a loss before income tax of HKD 6,608,000, compared to a profit of HKD 21,844,000 for the same period in 2023, indicating a significant decline in performance[13][14]. - Total revenue for the six months ended June 30, 2024, was HKD 155,834,000, compared to HKD 165,387,000 for the same period in 2023, reflecting a decrease of approximately 5.5%[13][14]. - The company reported a significant drop in trade receivables from HKD 105,377 thousand in December 2023 to HKD 63,476 thousand in June 2024, a decrease of approximately 39.9%[5]. - The company reported a loss attributable to shareholders of HKD 8.5 million for the current period, compared to a profit of HKD 2.3 million in the same period last year[58]. Cost and Expenses - Other income decreased to HKD 2,429 thousand from HKD 3,668 thousand, reflecting a decline of 33.8%[3]. - Research and development costs were HKD 6,900 thousand, slightly down from HKD 7,279 thousand in the previous year[3]. - The group’s capital expenditure for the six months ended June 30, 2024, was HKD 4,679,000, compared to HKD 7,587,000 for the same period in 2023, indicating a reduction of approximately 38.5%[13][15]. - Interest income decreased to HKD 2,072,000 for the six months ended June 30, 2024, down from HKD 2,324,000 for the same period in 2023, a decline of about 10.8%[16]. - Administrative expenses increased from HKD 34.6 million to HKD 36.0 million, primarily due to adjustments in employee compensation[53]. Assets and Liabilities - Non-current assets decreased from HKD 295,631 thousand in December 2023 to HKD 278,477 thousand in June 2024, a decline of approximately 5.8%[5]. - Current assets saw a slight decrease from HKD 485,698 thousand in December 2023 to HKD 475,655 thousand in June 2024, representing a reduction of about 2.1%[5]. - Total liabilities decreased from HKD 763,315 thousand in December 2023 to HKD 736,674 thousand in June 2024, a decrease of approximately 3.5%[6]. - The company's equity attributable to owners decreased from HKD 715,362 thousand in December 2023 to HKD 689,933 thousand in June 2024, a decline of about 3.5%[6]. - The company’s total assets decreased from HKD 781,329 thousand in December 2023 to HKD 754,132 thousand in June 2024, a decline of about 3.5%[5]. - The company’s total current liabilities decreased from HKD 454,916 thousand in December 2023 to HKD 364,083 thousand in June 2024, a decrease of approximately 20%[6]. - The group’s total liabilities decreased to HKD 257,514,000 as of June 30, 2024, compared to HKD 351,453,000 as of December 31, 2023, indicating a reduction of around 27%[30]. Market and Business Strategy - The company plans to focus on market expansion and new product development in the upcoming quarters[1]. - The company aims to benefit from the growing demand for asphalt pavement maintenance in China, particularly in the area of regeneration technology[42]. - The company plans to enhance its market position by increasing market penetration, especially in cities with limited use of in-situ thermal regeneration technology[43]. - The company will continue to explore overseas business opportunities through partnerships with state-owned enterprises[43]. - The company is positioned as a leading integrated solution provider for the adoption of "in-situ thermal regeneration" technology in China's asphalt pavement maintenance industry[37]. Research and Development - The company continues to invest in research and development to maintain its leading position in the asphalt pavement maintenance industry[39]. - The company registered a total of 250 patents as of June 30, 2024, an increase from 238 patents as of December 31, 2023[40]. - The company has 28 pending patent applications, up from 22 as of December 31, 2023[40]. - The company developed the industry's first innovative automated in-situ thermal regeneration repair vehicle PM800, which can be operated remotely by a single operator and integrates various advanced technologies[41]. Corporate Governance and Employee Matters - The board emphasizes the importance of employee development and continues to provide training programs[69]. - The company has established a competitive compensation package to retain employees, including discretionary bonus plans and medical insurance[69]. - The board is committed to high standards of corporate governance to protect shareholder interests and enhance corporate value[70]. - The company has implemented policies to assess credit risk when accepting new business, limiting credit risk from individual customers[68]. Future Outlook - The company anticipates that new products will only generate successful sales records in the second half of 2024[36]. - The company is optimistic about its business outlook and is committed to providing higher returns to its shareholders[44]. - The Chinese economy is expected to grow by 5% year-on-year in the first half of 2024, aligning with the government's economic targets[42].