Financial Performance - For the six months ended June 30, 2024, the company reported revenue of HKD 29,950,000, a decrease of 60.2% compared to HKD 75,240,000 for the same period in 2023[6] - The gross profit for the period was HKD 10,787,000, down 55.2% from HKD 24,111,000 in the previous year[6] - The company incurred a loss before tax of HKD 8,547,000, compared to a profit of HKD 1,715,000 in the same period last year[6] - The total comprehensive loss for the period was HKD 8,042,000, compared to a gain of HKD 539,000 in the previous year[7] - Basic and diluted loss per share was HKD (1.27), compared to earnings of HKD 0.06 per share in the prior year[7] - The company reported a net loss of HKD 7,638,000 for the six months ended June 30, 2024, compared to a profit of HKD 371,000 in the same period of 2023, indicating a significant decline in performance[10] - Total comprehensive income for the period was HKD (7,766,000), down from HKD 351,000 in the previous year, reflecting a decrease of approximately 2,215%[10] Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to HKD 40,337,000, a slight decrease from HKD 41,778,000 as of December 31, 2023[9] - Current assets totaled HKD 123,108,000, down from HKD 139,522,000 at the end of 2023[9] - Current liabilities decreased to HKD 60,896,000 from HKD 68,199,000 as of December 31, 2023[9] - The company's net asset value as of June 30, 2024, was HKD 96,654,000, down from HKD 104,696,000 at the end of 2023[9] - The company’s total equity decreased to HKD 95,555,000 as of June 30, 2024, down from HKD 104,696,000 at the beginning of the year, reflecting a decline of approximately 9%[10] - Trade receivables decreased to 60,680,000 thousand HKD as of June 30, 2024, from 75,661,000 thousand HKD as of December 31, 2023, a decline of about 19.8%[33] - The net trade receivables amounted to 52,929,000 thousand HKD as of June 30, 2024, down from 67,744,000 thousand HKD as of December 31, 2023, indicating a decrease of approximately 21.8%[34] - Trade payables were reported at 22,528,000 thousand HKD as of June 30, 2024, compared to 25,922,000 thousand HKD as of December 31, 2023, reflecting a reduction of about 13.8%[35] - The total bank borrowings amounted to approximately 34,300,000 thousand HKD as of June 30, 2024, slightly down from 35,100,000 thousand HKD as of December 31, 2023[39] Revenue Breakdown - Revenue from sales of goods decreased to HKD 29,305,000, a decline of 59% from HKD 71,634,000 in the prior year[17] - Maintenance and repair service revenue dropped to HKD 401,000, down 88% from HKD 3,381,000 in the same period last year[17] - Revenue from the Asia-Pacific region significantly increased to HKD 11,306,000 in the first half of 2024, compared to HKD 2,216,000 in the same period of 2023[22] - For the six months ended June 30, 2024, total revenue from external customers was HKD 75,240,000, a decrease from HKD 75,240,000 in the same period of 2023[20] Cash Flow and Expenses - The company generated net cash from operating activities of HKD 10,515,000, a significant increase from HKD 3,720,000 in the previous year, representing an increase of approximately 183%[12] - Cash and cash equivalents at the end of the period stood at HKD 28,993,000, compared to HKD 28,655,000 at the end of June 2023, showing a slight increase[12] - The company incurred financing cash outflows of HKD 9,144,000, compared to HKD 2,962,000 in the previous year, indicating a rise in financing costs[12] - The company reported a significant reduction in administrative expenses to HKD 2,920,000 from HKD 13,624,000 in the previous year[6] - Employee benefit expenses increased to HKD 8,240,000 in the first half of 2024, compared to HKD 7,595,000 in the same period of 2023[24] - The total employee cost for the six months ended June 30, 2024, was approximately HKD 8.2 million, compared to HKD 7.6 million for the same period in 2023, representing an increase of about 7.9%[63] Foreign Exchange and Tax - The company incurred a foreign exchange loss of HKD 3,183,000 during the first half of 2024[24] - The company experienced a foreign exchange loss of approximately HKD 1.9 million due to the depreciation of the Renminbi and Australian Dollar[51] - The company has a tax credit of HKD 633,000 for the first half of 2024, compared to a tax expense of HKD 1,155,000 in the same period of 2023[26] Corporate Governance and Shareholding - The company did not declare any interim dividends for the six months ended June 30, 2024, consistent with the previous year[43] - The board did not declare an interim dividend for the six months ended June 30, 2024[62] - As of June 30, 2024, Mr. Wu Li Ming held 364,095,000 shares, representing 60.68% of the company's issued share capital[64] - JAT United Company Limited, wholly owned by Mr. Wu Li Ming, also held 364,095,000 shares, accounting for 60.68% of the issued share capital[67] - The company has adopted a share option scheme since June 19, 2017, with no options granted, exercised, or cancelled up to the report date[69] - The company has maintained compliance with the Corporate Governance Code, except for the combined roles of Chairman and CEO held by Mr. Wu Li Ming[73] - The audit committee consists of independent non-executive directors, including Mr. Dai Weiguo as the chairman[75] - The executive directors are Mr. Wu Liming, Mr. Wu Litang, and Mr. Wu Libao[75] Operational Focus and Strategy - The company plans to focus on projects with significant profit margins and favorable settlement terms in the China market[48] - The company aims to monitor potential opportunities related to major infrastructure projects in the Hong Kong market while avoiding aggressive price competition[47] - The company did not engage in any significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the six months ended June 30, 2024[59] - As of June 30, 2024, the group had no significant investments[60] - The company’s cash flow management appears stable, with a significant portion of bank borrowings remaining undrawn at 13,000,000 thousand HKD as of June 30, 2024[39] Employee and Workforce - As of June 30, 2024, the group had 46 employees, an increase from 43 employees as of December 31, 2023[63] - The company recorded interest expenses paid to a director amounting to 31,000 thousand HKD for the six months ended June 30, 2024, down from 46,000 thousand HKD in the previous year[44] Contingent Liabilities - There were no significant contingent liabilities as of June 30, 2024[62]

Financial Performance - The group achieved a turnaround from loss to profit in the fiscal year ending December 31, 2023, driven by increased demand for tunnel boring machine-related solutions[8]. - Revenue increased by approximately HKD 66.7 million or 76.6% to about HKD 153.7 million for the year ended December 31, 2023, compared to approximately HKD 87.0 million in the previous year[16]. - Gross profit rose by HKD 26.2 million to HKD 55.5 million, with gross margin improving from 33.6% in the previous year to 36.1%[17]. - The company reported a profit attributable to equity holders of approximately HKD 6.9 million, compared to a loss of HKD 8.5 million in the previous year[26]. Market Performance - Revenue from the Hong Kong market increased by approximately HKD 12.1 million or 20.1%, attributed to a rebound in construction activities and a large tunnel project[12]. - Sales in the Chinese market improved significantly, with an increase of approximately HKD 15.3 million or 113.4%, following the lifting of travel restrictions[13]. - Sales in the Asia-Pacific market increased by approximately HKD 7.7 million or 98.8%, while sales to other overseas countries surged by approximately HKD 31.7 million, exceeding five times the previous year[15]. Operational Challenges - The group noted that the operating environment in the foundation construction sector remains challenging due to uncertainties in the real estate market[8]. - The group remains cautious in negotiations with Chinese clients, focusing on projects with favorable profit margins and settlement terms[13]. Strategic Plans - The group plans to closely monitor potential opportunities related to major infrastructure projects in Hong Kong, including the "Railway Development Strategy" and "Northern Metropolis" initiatives[12]. - The group will continue to develop engineering solutions to enhance competitiveness and customer base while avoiding excessive competition[8]. - The group will prudently assess logistics arrangements and negotiate with clients to minimize costs and liabilities associated with overseas sales[15]. Financial Position - Current assets as of December 31, 2023, were approximately HKD 139.5 million, while current liabilities were approximately HKD 68.2 million, resulting in a current ratio of 2.05[27]. - The net capital debt ratio as of December 31, 2023, was 4.7%, down from 11.7% in the previous year[31]. - The total available bank and other financing amounted to approximately HKD 35.1 million, with HKD 28.1 million utilized and HKD 7.0 million available[29]. Employee and Management - The total employee cost was approximately HKD 15.1 million, a slight decrease from HKD 15.4 million in 2022[43]. - The total number of employees decreased from 44 in 2022 to 43 in 2023, with a notable reduction in the sales and engineering solutions department from 10 to 8 employees[43]. - The company encourages continuous professional development for all directors to ensure informed decision-making[68]. Governance and Compliance - The company has established four committees to oversee various aspects of its operations, including audit, remuneration, nomination, and corporate governance[72]. - The audit committee, chaired by Mr. Dai Weiguo, reviewed the financial statements and internal control systems for the year 2023[75]. - The company has established an effective risk management and internal control system, with an external independent consultant conducting a review in 2023[82]. Environmental, Social, and Governance (ESG) - The company aims to peak emissions by 2030 and achieve net-zero emissions by 2060, aligning its environmental goals with national targets[149]. - Total nitrogen oxides emissions decreased by 58% from 45,234 grams in 2022 to 19,165 grams in 2023[156]. - The company has implemented strict compliance with environmental laws in Hong Kong, China, Singapore, and Australia, with no known violations reported[150]. Supplier Relations - The company maintains a strong relationship with suppliers, emphasizing the importance of stable and sustainable partnerships for quality product supply[45]. - The supplier evaluation form assesses suppliers' past performance from various dimensions[199]. - The company plans to incorporate sustainability considerations into procurement practices moving forward[199].

Financial Performance - Revenue for the year ended December 31, 2023, was HKD 153,748,000, representing a 76.6% increase from HKD 87,047,000 in 2022[5] - Gross profit increased by 89.5% to HKD 55,457,000 compared to HKD 29,259,000 in the previous year[5] - The company reported a profit before tax of HKD 9,446,000, a significant turnaround from a loss of HKD 8,701,000 in 2022[5] - Total comprehensive income for the year was HKD 9,468,000, compared to a loss of HKD 8,190,000 in the prior year[5] - Basic earnings per share improved to HKD 1.15 from a loss of HKD 1.41 in 2022[9] - Operating profit for the year was HKD 12,151,000, with a profit before tax of HKD 9,446,000[30] - The company reported a net profit of HKD 7,262,000 for the year, after accounting for income tax expenses of HKD 2,184,000[30] - The group recorded a net exchange loss of approximately HKD 1.9 million, an improvement from a loss of HKD 5.5 million in the previous year[62] - The group reported a profit attributable to equity holders of HKD 6.9 million, a turnaround from a loss of HKD 8.5 million in the previous year[66] Revenue Breakdown - Revenue from tunnel segment was HKD 149,911,000, while the foundation segment generated HKD 3,837,000, contributing to the overall revenue[30] - The company’s financial performance was supported by a significant increase in sales of goods, which accounted for HKD 149,184,000 of the total revenue[28] - Revenue from major clients accounted for over 10% of total revenue, with Client A generating HKD 70,852,000 and Client B contributing HKD 32,225,000 in 2023[34] - Revenue from the Hong Kong market grew by approximately HKD 12.1 million or 20.1%, supported by increased demand from a large tunnel project[51] - In the Chinese market, revenue surged by approximately HKD 15.3 million or 113.4%, attributed to improved sales of tunnel equipment parts since March 2023[53] - Sales in the Asia-Pacific market increased by approximately HKD 7.7 million or 98.8%, while sales to other overseas countries rose by approximately HKD 31.7 million, over five times the previous year[54] Asset and Liability Management - The company's asset-liability ratio decreased to 4.7% from 11.7% in the previous year, indicating improved financial stability[5] - Non-current assets increased to HKD 41,081,000 from HKD 41,361,000, while current assets decreased to HKD 139,522,000 from HKD 153,469,000[11] - The company’s net asset value rose to HKD 104,696,000 from HKD 95,228,000 in 2022, reflecting a stronger equity position[13] - Trade receivables decreased to HKD 75,661,000 in 2023 from HKD 81,137,000 in 2022, with a provision for impairment increasing to HKD 7,917,000 from HKD 7,003,000[42] - The company’s trade payables decreased to HKD 25,922,000 in 2023 from HKD 34,977,000 in 2022, reflecting improved cash flow management[44] - The current liabilities decreased to HKD 68.2 million in 2023 from HKD 90.9 million in 2022, resulting in a current ratio of 2.05, up from 1.69 in the previous year[68] - The net capital debt ratio improved to 4.7% as of December 31, 2023, compared to 11.7% in 2022, indicating a stronger financial position[70] Compliance and Reporting - The financial statements were prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance and transparency[17] - The adoption of new or revised Hong Kong Financial Reporting Standards did not have a significant impact on the financial statements of the company[20] - The company is currently evaluating the potential impact of newly issued but not yet effective accounting standards on its financial position and performance[24] - The audit committee has reviewed the consolidated financial statements for the year ended December 31, 2023, confirming consistency with the audited financial reports[94] - The annual report for the year ended December 31, 2023, will be distributed to shareholders and published on the stock exchange and the company's website[95] Operational Insights - The company is engaged in the trading and leasing of construction machinery and parts, indicating a focus on the construction sector[16] - The group has established a comprehensive customer network in China and other overseas markets, positioning itself to seize opportunities in the construction industry[85] - The group emphasizes long-term mutually beneficial relationships with suppliers, ensuring a stable supply of quality products[85] - The group has implemented environmental management policies to enhance energy and resource efficiency while complying with relevant environmental regulations in Hong Kong, China, Singapore, and Australia[87] - The company plans to continue using major foreign currencies for contract settlements to manage foreign exchange risks[71] Employee and Community Relations - The company has maintained a good relationship with employees, with no significant labor disputes reported[84] - The total employee costs for the year ended December 31, 2023, were approximately HKD 15.1 million, slightly down from HKD 15.4 million in 2022[84] - The company received government subsidies totaling HKD 87,000 in 2023, down from HKD 589,000 in 2022, aimed at supporting employee retention[35] Dividends and Shareholder Returns - The board did not recommend a final dividend for the year ending December 31, 2023, compared to zero in 2022[48] - The group did not purchase, sell, or redeem any of its listed securities during the year ended December 31, 2023[93]

Financial Performance - Revenue for the third quarter of 2023 reached HKD 43,900,000, a significant increase of 192.5% compared to HKD 15,020,000 in the same period of 2022[4] - Gross profit for the third quarter was HKD 15,686,000, representing a gross margin of approximately 35.7%, up from HKD 5,160,000 in the previous year[4] - The company reported a net profit of HKD 1,548,000 for the third quarter, compared to a net loss of HKD 7,299,000 in the same quarter of 2022[5] - For the nine months ended September 30, 2023, total revenue was HKD 119,140,000, an increase of 168.5% from HKD 44,420,000 in the same period of 2022[4] - The basic and diluted earnings per share for the third quarter were HKD 0.25, compared to a loss per share of HKD 1.18 in the same quarter of 2022[5] - Operating profit for the third quarter was HKD 2,684,000, a turnaround from an operating loss of HKD 6,917,000 in the previous year[4] - Total comprehensive income for the third quarter was HKD 1,535,000, compared to a loss of HKD 7,609,000 in the same quarter of 2022[5] - Basic earnings per share for the nine months ended September 30, 2023, was HKD 0.31, recovering from a loss of HKD 2.59 per share in the same period of 2022[23] - The total operating profit for the nine months ended September 30, 2023, was HKD 5,631,000, reflecting a recovery from the operating loss of HKD 14,838,000 in the same period of 2022[15] - Net profit attributable to equity holders was approximately HKD 1.9 million, compared to a loss of HKD 15.5 million in the comparative period[41] Market and Revenue Growth - The company’s revenue from external customers in Hong Kong for the nine months ended September 30, 2023, was HKD 67,283,000, up from HKD 29,114,000 in 2022, indicating a growth of 131.1%[18] - The company's revenue increased approximately 168% to HKD 119.1 million for the nine months ended September 30, 2023, driven primarily by sales growth in the Hong Kong market, which contributed about HKD 67.3 million or 56.5% of total revenue[32] - Sales from overseas markets recorded significant improvement, generating approximately HKD 33.4 million during the period, compared to HKD 5.9 million in the comparative period[32] - Revenue from the Chinese market improved by 95.7% to approximately HKD 18.4 million, up from HKD 9.4 million in the comparative period[32] Expenses and Losses - The company incurred a foreign exchange loss of HKD 1,303,000 in the third quarter, compared to a loss of HKD 4,309,000 in the same period of 2022[4] - The company incurred a foreign exchange loss of HKD 4,486,000 during the nine months ended September 30, 2023[15] - The total sales cost for the nine months ended September 30, 2023, was HKD 79,343,000, compared to HKD 29,884,000 in the same period of 2022, reflecting an increase of 165.5%[15] - Selling expenses rose from HKD 2.1 million in the comparative period to approximately HKD 8.7 million, primarily due to a more than fourfold increase in sales to overseas markets[35] - Administrative expenses increased by HKD 1.0 million to approximately HKD 20.1 million, mainly due to increased depreciation and travel expenses[36] - The company recorded a foreign exchange loss of approximately HKD 4.5 million, primarily due to the depreciation of the Renminbi and Australian dollar[38] Dividends and Shareholder Information - The company did not declare any interim dividends for the nine months ended September 30, 2023, consistent with the previous year[25] - The board decided not to declare any dividends for the nine months ended September 30, 2023[42] - As of September 30, 2023, JAT United holds 364,095,000 shares, representing 60.68% of the issued share capital[53] - Mr. Zhang Jing and Ms. Wu Yushuang each hold 31,005,000 shares, accounting for 5.17% of the issued share capital[53] - No share options have been granted, exercised, or cancelled since the adoption of the share option plan on June 19, 2017[56] - The company did not purchase, sell, or redeem any of its listed securities during the reporting period[58] - There are no interests held by directors or major shareholders in any competing businesses as of the report date[59] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[9] - The company will continue to monitor potential business opportunities in the Hong Kong market while avoiding aggressive price competition[28] Audit and Review - The audit committee, consisting of independent non-executive directors, has reviewed the report and provided recommendations[61]

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，並明確表示概不就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。 M&L HOLDINGS GROUP LIMITED 明 樑 控 股 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8152） 截至2023年9月30日止九個月之第三季度業績公告 明樑控股集團有限公司（「本公司」）董事會（「董事會」）謹此宣布截至2023年9月30日止九 個月本公司及其附屬公司之第三季度業績。本公告載有本公司的2023年第三季度報告全 文，並符合香港聯合交易所有限公司《GEM證券上市規則》（「《GEM上市規則》」）有關季 度業績初步公告附載的資料的相關規定。 承董事會命 明樑控股集團有限公司 主席、行政總裁兼執行董事 吳麗明 香港，2023年11月8日 本公告乃遵照《GEM上市規則》之規定提供有關本公司的資料。本公司各董事（「董事」）共同及個別就本公 告承擔全部責任，並在作出一切合理查詢後確認，就彼等所深知及確信，本公告所載資料在所有重大方面 均屬準確及完整，且無誤 ...

Financial Performance - For the six months ended June 30, 2023, the company reported revenue of HKD 75,240,000, a significant increase of 155.5% compared to HKD 29,400,000 in the same period of 2022[4] - Gross profit for the six months ended June 30, 2023, was HKD 24,111,000, representing a gross margin of 32.1%, up from HKD 9,376,000 and a gross margin of 31.9% in 2022[4] - The company recorded a net profit of HKD 560,000 for the six months ended June 30, 2023, compared to a net loss of HKD 8,697,000 in the same period of 2022[6] - Operating profit for the six months ended June 30, 2023, was HKD 2,947,000, compared to an operating loss of HKD 7,921,000 in the same period of 2022, indicating a turnaround in performance[22] - The company reported a net profit of HKD 371,000 for the first half of 2023, compared to a loss of HKD 8,483,000 in the same period of 2022[49] - The company’s total comprehensive income for the six months ended June 30, 2023, was HKD 539,000, compared to a total comprehensive loss of HKD 9,184,000 in the same period of 2022[11] Revenue Breakdown - Total revenue for the six months ended June 30, 2023, was HKD 75,240,000, representing a 155.5% increase from HKD 29,400,000 in the same period of 2022[19] - Revenue from Hong Kong for the six months ended June 30, 2023, was HKD 50,396,000, up from HKD 21,644,000 in 2022, reflecting a growth of 133.3%[24] - Sales from the China market significantly increased by 102% to approximately HKD 14.9 million, compared to HKD 7.4 million in the previous period[60] - The company recognized sales revenue of HKD 71,634,000 from goods sold for the six months ended June 30, 2023, compared to HKD 27,328,000 in the same period of 2022, reflecting a growth of 162.5%[19] Assets and Liabilities - Total assets as of June 30, 2023, were HKD 142,331,000, down from HKD 153,469,000 as of December 31, 2022[8] - The company's current liabilities decreased to HKD 76,838,000 as of June 30, 2023, from HKD 90,854,000 at the end of 2022[9] - The company’s inventory decreased to HKD 31,763,000 as of June 30, 2023, from HKD 42,939,000 at the end of 2022[8] - Trade payables decreased to HKD 30,952,000 as of June 30, 2023, down from HKD 34,977,000 at the end of 2022[41] Cash Flow and Capital - Operating cash flow for the six months ended June 30, 2023, was HKD 3,720,000, a substantial improvement from a cash outflow of HKD 215,000 in the prior year[13] - The company’s cash and cash equivalents stood at HKD 28,655,000 as of June 30, 2023, slightly up from HKD 28,237,000 at the end of 2022[8] - The company’s cash and cash equivalents increased to HKD 28,655,000 as of June 30, 2023, up from HKD 23,330,000 at the end of the previous year[13] - The total bank borrowings as of June 30, 2023, were approximately HKD 36,200,000, with HKD 5,000,000 remaining undrawn[46] Expenses - The cost of sales for the six months ended June 30, 2023, was HKD 51,129,000, compared to HKD 20,024,000 in the same period of 2022, representing an increase of 155.5%[21] - Employee benefit expenses for the six months ended June 30, 2023, were HKD 7,595,000, slightly down from HKD 7,702,000 in the same period of 2022[26] - Administrative expenses increased by HKD 0.9 million to approximately HKD 13.5 million, primarily due to the amortization of right-of-use assets and increased travel and entertainment expenses[66] Foreign Exchange and Interest - The company experienced a foreign exchange loss of HKD 3,399,000 for the three months ended June 30, 2023, compared to a loss of HKD 4,694,000 in the same period of 2022[4] - The company incurred a foreign exchange loss of approximately HKD 3.2 million due to the depreciation of the Renminbi and Australian Dollar during the period[63] - The company incurred interest expenses of HKD 1,469,000 for the six months ended June 30, 2023, compared to HKD 927,000 in the same period of 2022[13] Corporate Governance - The company has adopted a standard code of conduct for securities trading by directors, ensuring compliance with the GEM Listing Rules from June 30, 2023, to the report date[94] - The company has maintained high levels of corporate governance, adhering to the Corporate Governance Code as per GEM Listing Rules, with no significant deviations reported as of June 30, 2023[96] - The roles of Chairman and CEO are currently held by the same individual, Mr. Wu Li Ming, which the board believes enhances unified leadership and effective strategic planning[96] Future Outlook - The company plans to continue exploring market expansion opportunities and new product development to drive future growth[3] - The company expects continued sales growth in overseas markets, particularly in Southeast Asia, South Pacific, North America, and Europe, driven by upcoming public infrastructure projects[58] - The company will maintain a cautious approach in negotiating business terms in the China market to mitigate potential liquidity and credit risks[57]

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，並明確表示概不就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。 M&L HOLDINGS GROUP LIMITED 明 樑 控 股 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8152） 截至2023年6月30日止六個月之中期業績公告 明樑控股集團有限公司（「本公司」）董事會（「董事會」）謹此宣布截至2023年6月30日止六 個月本公司及其附屬公司之中期業績。本公告載有本公司的2023年中期報告全文，並符 合香港聯合交易所有限公司《GEM證券上市規則》（「《GEM上市規則》」）有關中期業績初 步公告附載的資料的相關規定。 承董事會命 明樑控股集團有限公司 主席、行政總裁兼執行董事 吳麗明 香港，2023年8月8日 本公告乃遵照《GEM上市規則》之規定提供有關本公司的資料。本公司各董事（「董事」）共同及個別就本公 告承擔全部責任，並在作出一切合理查詢後確認，就彼等所深知及確信，本公告所載資料在所有重大方面 均屬準確及完整，且無誤導或欺詐成分； ...

Financial Performance - Revenue for the first quarter of 2023 reached HKD 39,569,000, a significant increase of 240% compared to HKD 11,636,000 in the same period of 2022[4] - Gross profit for the first quarter was HKD 13,834,000, up from HKD 4,032,000, reflecting a gross margin improvement[4] - Operating profit for the quarter was HKD 3,933,000, compared to an operating loss of HKD 1,560,000 in the previous year[4] - Net profit for the first quarter was HKD 2,512,000, a turnaround from a net loss of HKD 1,974,000 in Q1 2022[4] - Basic and diluted earnings per share for the quarter were HKD 0.39, compared to a loss per share of HKD 0.31 in the same quarter last year[5] - Total comprehensive income for the first quarter was HKD 2,662,000, compared to a loss of HKD 1,925,000 in Q1 2022[5] - The company reported a foreign exchange gain of HKD 216,000 during the quarter, compared to a gain of HKD 1,529,000 in the previous year[4] - Revenue from the tunnel segment was HKD 39,256,000, while the foundation segment contributed HKD 313,000, resulting in a gross profit margin of 34.96%[17] - Revenue from Hong Kong increased to HKD 27,489,000 in Q1 2023, up from HKD 8,121,000 in Q1 2022, reflecting a growth of 238.5%[19] - The gross profit margin for the tunnel segment was 34.86%, while the foundation segment achieved a higher margin of 47.28%[17] - The company incurred a tax expense of HKD 797,000 in Q1 2023, compared to a tax credit of HKD 48,000 in Q1 2022[21] - The company recorded a profit attributable to equity holders of approximately HKD 2.3 million for the three months ended March 31, 2023, reversing a loss of HKD 1.9 million in the same period last year[41] - Gross profit rose by approximately 243% to HKD 13.8 million, with a gross margin of 35.0%, slightly up from 34.7% in the comparative period[34] Expenses and Financial Management - Administrative expenses increased slightly to HKD 6,672,000 from HKD 6,270,000 year-on-year[4] - Selling expenses increased by approximately HKD 2.6 million, primarily due to higher sales to overseas customers[37] - Administrative expenses slightly increased by approximately HKD 0.4 million, mainly due to higher amortization costs related to additional office space[38] - Financial expenses rose from approximately HKD 0.5 million to HKD 0.7 million due to increased interest rates[39] Market Strategy and Outlook - The company continues to focus on expanding its market presence and enhancing its product offerings in the construction machinery sector[10] - The competitive landscape in the construction equipment sector remains intense, particularly in the foundation market, prompting the company to adopt a cautious approach[29] - The company plans to closely monitor potential business opportunities related to major infrastructure projects in Hong Kong while avoiding aggressive price competition[29] - The company is assessing logistics arrangements and customer consultations to minimize risks associated with potential sales in overseas markets[32] - The company plans to remain cautious in negotiating potential business to control credit risks despite signs of improved business sentiment[33] Shareholding and Corporate Governance - As of March 31, 2023, JAT United holds 364,095,000 shares, representing 60.68% of the company's issued share capital[54] - Ms. Russell Lian, as the spouse of Mr. Wu Liming, also holds 364,095,000 shares, equating to 60.68% of the company's issued share capital[54] - Mr. Zhang Jing holds 31,005,000 shares, which is 5.17% of the company's issued share capital[54] - Ms. Wu Yushuang, as the spouse of Mr. Zhang Jing, holds 31,005,000 shares, also representing 5.17% of the company's issued share capital[54] - No share options have been granted, exercised, or cancelled since the adoption of the share option plan on June 19, 2017[57] - The share option plan is valid for ten years from the date of adoption, with no further options to be issued thereafter[58] - The company or its subsidiaries did not purchase, sell, or redeem any of the company's listed securities during the reporting period[59] - There are no competitive interests held by directors, major shareholders, or their associates in any business that competes with the group[60] - The audit committee, consisting of independent non-executive directors, has reviewed the report and provided recommendations[61] - The report was issued on May 12, 2023, with the executive directors being Mr. Wu Liming, Mr. Wu Litang, and Mr. Wu Libao[63] Dividend Policy - The company has not declared an interim dividend for Q1 2023, consistent with the previous year[26] - The company did not declare any dividends for the three months ended March 31, 2023[43]

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，並明確表示概不就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。 M&L HOLDINGS GROUP LIMITED 明 樑 控 股 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8152） 截至2023年3月31日止三個月之第一季度業績公告 明樑控股集團有限公司（「本公司」）董事會（「董事會」）謹此宣布截至2023年3月31日 止三個月（「本期間」）本公司及其附屬公司之第一季度業績。本公告載有本集團本期 間的第一季度報告全文，並符合香港聯合交易所有限公司《GEM證券上市規則》 （「《GEM上市規則》」）有關於本期間之第一季度業績初步公告附載的資料的相關規 定。 承董事會命 明樑控股集團有限公司 執行董事、主席兼行政總裁 吳麗明 香港，2023年5月12日 本公告乃遵照《GEM上市規則》之規定提供有關本公司的資料。本公司各董事（「董事」）共同及個別 就本公告承擔全部責任，並在作出一切合理查詢後確認，就彼等所深知及確信，本公告所載資料在 ...

Revenue and Growth - The company reported a revenue increase of approximately HKD 12.3 million or 29.9% from the tunnel division, despite a decrease of about HKD 10.6 million from the foundation division[15]. - The overall construction activities in Hong Kong are gradually recovering as the impact of COVID-19 diminishes, with a focus on more profitable projects[15]. - The company anticipates continued growth in overseas procurement orders, contributing to revenue growth in 2023[9]. - Revenue for the fiscal year 2022 increased slightly to approximately HKD 87.0 million, up from about HKD 86.0 million in the previous year, driven by an increase of approximately HKD 11.6 million from the tunnel business segment[21]. - Orders from overseas markets began to recover in the second half of the fiscal year, with significant revenue growth expected in 2023[20]. Profitability and Financial Performance - The company’s profit margins in both tunnel and foundation divisions have improved due to a focus on profitable product offerings and avoiding excessive competition[15]. - Gross profit rose by HKD 8.2 million to HKD 29.3 million, with the gross profit margin improving from 24.5% in the previous year to 33.6% in the current year[24]. - Sales costs decreased by approximately HKD 7.1 million or 11.0% to about HKD 57.8 million, despite revenue growth[24]. Market Strategy and Operations - The company is adopting a conservative approach in contract negotiations in the Chinese market due to macroeconomic factors, while still recognizing its long-term potential[10]. - The company plans to closely monitor project opportunities related to the "Railway Development Strategy" and the Northern Metropolis and Lantau Tomorrow development strategies[15]. - The company is concentrating resources on projects with more favorable profit margins amid intense market competition and price pressure in the foundation market[15]. - The company has successfully established connections with potential clients for public infrastructure projects in Southeast Asia, South Pacific, North America, and Europe[9]. - The company’s management has engaged in various overseas trade and marketing activities to explore business opportunities[14]. Financial Health and Ratios - The current ratio as of December 31, 2022, was 1.69, down from 1.87 in the previous year, indicating a decrease in liquidity[34]. - The net capital debt ratio improved to 11.7% as of December 31, 2022, compared to 16.1% in the previous year, reflecting a reduction in leverage[36]. - Trade receivables from Chinese customers decreased due to enhanced credit assessment and monitoring procedures, despite revenue from the Chinese market remaining flat compared to the previous year[21]. Corporate Governance and Management - The company reported a significant increase in overall management and strategic development, with a focus on daily operations led by the CEO, Mr. Wu Liming, who has over 30 years of experience in the construction and engineering industry[59]. - The compliance officer, Mr. Wu Libao, has over 25 years of experience in financial and operational management across various sectors, enhancing corporate governance within the group[60]. - The board includes independent non-executive directors with over 30 years of experience in auditing, accounting, and financial matters, ensuring robust oversight and governance[63]. - The company emphasizes the importance of corporate governance, with various committees in place to oversee compliance and strategic direction[74]. - The management team is well-versed in the construction and manufacturing industries, with a combined experience of over 30 years among key executives[59][60]. Environmental, Social, and Governance (ESG) Initiatives - The company has implemented an environmental management policy to ensure sustainable development and compliance with relevant environmental regulations[55]. - The company aims to peak emissions by 2030 and achieve net-zero emissions by 2060, aligning its environmental goals with national targets[166]. - Total nitrogen oxides emissions decreased by 34% from 68,724 grams in 2021 to 45,234 grams in 2022[172]. - The company has established various channels for stakeholder engagement, including annual reports and shareholder meetings, focusing on business development plans and financial stability[162]. - The company has not reported any violations of environmental laws in Hong Kong, China, Singapore, and Australia for the year[169]. Employee and Workforce Management - The total employee cost for the year ended December 31, 2022, was approximately HKD 15.4 million, compared to HKD 15.1 million in 2021[52]. - As of December 31, 2022, the gender distribution of the workforce (excluding directors) was 65.8% male (25 employees) and 34.2% female (13 employees)[93]. - The group emphasizes creating a healthy and efficient work environment, implementing policies and procedures across all operations[200]. - The group is committed to compliance with laws regarding compensation, dismissal, equal opportunities, and anti-discrimination[200]. Risk Management - The board has established a risk management and internal control system, which was deemed effective and sufficient, although it is designed to manage rather than eliminate risks[98]. - The company has engaged external independent consultants to review its risk management and internal control systems, with major risks identified and monitored[97]. - The company has identified and assessed climate change risks, categorizing them into acute and chronic risks, and has developed response measures[196]. Shareholder and Financial Transactions - The company did not recommend the payment of a final dividend for the year ended December 31, 2022[114]. - Major shareholders include JAT United with 364,095,000 shares, representing 60.68% of the issued share capital[143]. - The top five customers accounted for approximately 85.5% of total revenue, up from 76.3% in 2021, with the largest single customer contributing 61.4%[146]. - The company has engaged in related party transactions, none of which constituted connected transactions under the GEM Listing Rules[147].