GEM 的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交 所上市的公司帶有較高投資風險。有意投資的人士應了解投資該等公司的潛在風險， 並應經過審慎周詳考慮後方可作出投資決定。 由於GEM 上市公司普遍為中小型公司，在GEM 買賣的證券可能會較於聯交所主 板買賣之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高 流通量的市場。 本公告載有遵照聯交所GEM 證券上市規則（「GEM 上市規則」）而提供的詳情，以 提供有關泰錦控股有限公司（「本公司」）的資料，本公司董事（「董事」）願共同及 個別就此承擔全部責任。董事在作出一切合理查詢後確認，就彼等所深知及確信， 本公告所載資料在各重大方面均屬準確完整，並無誤導或欺詐成份，且並無遺漏 任何其他事宜致使本公告中任何陳述或本公告有所誤導。 1 財務摘要 香港交易及結算所有限公司及聯交所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，並明確表示概不就因本公告全部或任何部份內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 TAI KAM HOLDINGS LIMITED 泰錦控股有限公司 （於開曼群島註冊成立的有限公司 ...

Financial Performance - The group's revenue decreased by approximately HKD 59.2 million, or about 60.8%, from approximately HKD 97.3 million for the year ended April 30, 2023, to approximately HKD 38.1 million for the reporting period[4]. - The net loss for the reporting period was approximately HKD 11.4 million, a reduction from a net loss of approximately HKD 31.7 million for the year ended April 30, 2023[4]. - Gross profit fell by approximately HKD 1.3 million, or about 65.0%, from approximately HKD 2.0 million to about HKD 0.7 million, with a gross margin decrease from about 2% to approximately 1.9%[13]. - Total revenue for the year ended April 30, 2024, was HKD 38,132,000, a decrease of 60.9% compared to HKD 97,332,000 in the previous year[127]. - Operating loss for the year was HKD 11,409,000, a significant improvement from the loss of HKD 31,489,000 in the previous year, indicating a reduction of 63.7%[127]. - The total comprehensive loss attributable to owners of the company was HKD 11,409,000, compared to HKD 31,749,000 in the previous year, a reduction of 64.0%[127]. - The company reported a pre-tax loss of HKD 11,409,000 for the year, an improvement from a loss of HKD 31,749,000 in the previous year, indicating a reduction of 64.1%[131]. - The company reported no income tax expenses for the year, consistent with the previous year[127]. Business Strategy and Market Expansion - The company plans to expand its business into other markets in the Asia-Pacific region, including Japan, Thailand, and Singapore, while continuing to focus on site preparation and renovation works in Hong Kong[6]. - The company aims to enhance its competitive advantages in the construction industry and expand its operations to increase shareholder returns[6]. - The Hong Kong government's commitment to develop the construction industry includes annual basic engineering expenditures exceeding HKD 100 billion, with overall construction volume projected to increase to approximately HKD 300 billion per year[5]. - The company operates as a single business segment focusing on construction projects in Hong Kong, with no geographical segment reporting due to the concentration of revenue and non-current assets in this region[85]. Corporate Governance - The board consists of five directors, including two executive directors and three independent non-executive directors, ensuring a balance of skills and experience necessary for the group's business[45]. - The company has adopted a board diversity policy, with two female directors among the five, promoting diversity in gender, professional background, and skills[46]. - The board has committed to maintaining high standards of corporate governance, recognizing its importance for shareholder trust and long-term value creation[42]. - The company has complied with the GEM listing rules regarding corporate governance, although it acknowledges a temporary shortfall in the number of independent non-executive directors[41]. - The board is responsible for leading and monitoring the group, setting overall strategy, and approving development plans and budgets[43]. - The company emphasizes the importance of transparency and accountability in its corporate governance practices since its listing[41]. - The board believes that effective corporate governance is essential for achieving business growth and fostering a healthy corporate culture[42]. Financial Position and Assets - As of April 30, 2024, the company's cash and bank balances increased by approximately HKD 9.0 million, from about HKD 1.5 million to approximately HKD 10.5 million[21]. - The total equity attributable to the company's owners as of April 30, 2024, was approximately HKD 64.8 million, down from approximately HKD 76.2 million in 2023[19]. - The group's financial assets measured at fair value through profit or loss amounted to HKD 22.8 million, with significant investments including HKD 5.6 million in Harbour Digital Capital Limited and HKD 5.0 million in China Integrated Holdings Limited[29]. - The company’s total liabilities increased from HKD 17,794,000 to HKD 19,120,000, an increase of 7.4%[131]. - The company’s equity attributable to owners decreased from HKD 76,196,000 to HKD 64,787,000, a reduction of 15.0%[129]. Employee and Compensation - As of April 30, 2024, the group had 22 employees, with total employee costs amounting to approximately HKD 2.2 million, a decrease from HKD 11.9 million for the year ended April 30, 2023[28]. - The company has established a competitive compensation structure to attract and retain employees, regularly reviewing salaries based on industry benchmarks and individual performance[83]. - Total remuneration for directors and senior management amounted to HKD 678,000 for the year 2024, compared to HKD 750,000 in 2023, showing a decrease of 10%[189]. Risk Management and Internal Controls - The Audit Committee reviewed the effectiveness of the company's risk management and internal control systems, as well as the adequacy of resources and qualifications of accounting staff[54]. - The board is responsible for overseeing the risk management and internal control systems, ensuring they are effective in managing business risks[66]. - An independent review of the internal control system was conducted, with no significant issues identified that could impact financial, operational, compliance, or risk management[66]. Revenue Recognition and Credit Risk - The group recognizes revenue when control of the service is transferred to the customer, which occurs upon the fulfillment of performance obligations[158]. - The expected credit loss provision for trade receivables and other financial assets is calculated using a provision matrix based on historical default rates, which are reassessed at each reporting period[176]. - The group assesses expected credit losses based on the expected credit loss model, reflecting changes in credit risk since initial recognition[149]. Share Capital and Dividends - The total issued share capital as of April 30, 2024, was 246,400,000 shares, with each share having a par value of HKD 0.05[90]. - The company did not declare or pay any dividends during the year, consistent with the previous year[187]. - The company has adopted a dividend policy that allows shareholders to share in profits while retaining funds for future development[76]. Compliance and Legal Matters - The company has engaged external compliance and legal advisors to ensure adherence to applicable laws and regulations[81]. - The company has revised its organizational articles to comply with GEM listing rules and applicable laws in the Cayman Islands[75]. - There were no related party transactions that required disclosure under GEM Listing Rules during the reporting period[105].

Financial Performance - For the year ended April 30, 2024, revenue was approximately HKD 38.1 million, a decrease of about 60.8% compared to HKD 97.3 million for the year ended April 30, 2023[36]. - The net loss for the reporting period was approximately HKD 11.4 million, down from a net loss of about HKD 31.7 million for the year ended April 30, 2023[10]. - The company's revenue for the fiscal year was HKD 38,132 thousand, compared to HKD 97,332 thousand in the previous year, indicating a decline in revenue[42]. - The gross profit for the year was HKD 724 thousand, down from HKD 1,962 thousand in the previous year, reflecting challenges in cost management[42]. - The basic and diluted loss per share for the year was HKD 4.63, improved from HKD 13.03 in the previous year, showing a reduction in losses per share[51]. - The company reported a significant reduction in administrative expenses, from HKD 19,816 thousand in the previous year to HKD 3,937 thousand[42]. - The company is focused on improving its financial performance and reducing losses, as evidenced by the strategic reduction in administrative costs and other expenses[51]. - The company reported a pre-tax loss of HKD 11,409,000 for the year 2024, a significant improvement from a loss of HKD 31,749,000 in 2023, representing a reduction of approximately 64.0%[83]. Cash and Liquidity - As of April 30, 2024, cash and bank balances were approximately HKD 10.5 million, an increase from HKD 1.5 million as of April 30, 2023[12]. - The company’s cash and bank balances increased from HKD 1,546 thousand to HKD 10,487 thousand, indicating improved cash flow management[43]. - Total current assets decreased from HKD 76,196 thousand in the previous year to HKD 64,787 thousand, indicating a decline in liquidity[43]. - The group maintains a prudent financial management policy, ensuring a robust liquidity position during the reporting period[123]. - The group continues to closely monitor its liquidity position to manage cash flow risks effectively[123]. Operational Highlights - Direct costs decreased from approximately HKD 95.4 million to about HKD 37.4 million, representing a reduction of approximately 60.8%[8]. - The company faced increasing operational costs and intense market competition, impacting overall performance[69]. - Construction contract revenue significantly decreased to HKD 38,132,000 in 2024 from HKD 97,332,000 in 2023[78]. - Trade receivables from customer contracts decreased to HKD 40,883,000 in 2024 from HKD 52,857,000 in 2023, with credit loss provisions increasing to HKD 27,102,000 from HKD 21,465,000[64]. - Trade receivables aged 0 to 90 days decreased from HKD 4,470,000 in 2023 to HKD 2,289,000 in 2024, a decline of approximately 48.8%[87]. - Trade payables increased from HKD 17,699,000 in 2023 to HKD 19,043,000 in 2024, an increase of approximately 7.6%[87]. Corporate Governance and Strategy - The company aims to maintain high levels of corporate governance to build trust with shareholders and stakeholders[22]. - The board believes that the company has complied with the corporate governance code as of April 30, 2024[132]. - The company is committed to enhancing its business scope through property development and investment opportunities[69]. - The company is actively expanding its business in the Asia-Pacific region, including markets such as Japan, Thailand, and Singapore[69]. - The company has no significant contingent liabilities as of April 30, 2024[17]. Investments and Future Outlook - The investment in Harbour Digital Capital Limited showed an unrealized gain of approximately HKD 0.4 million as of April 30, 2024[20]. - The total investment in Harbour Digital amounts to approximately HKD 3.8 million, representing a 3.2% equity stake as of April 30, 2024[129]. - The total investment in China Integration is approximately HKD 2.0 million, representing a 1.3% equity stake as of April 30, 2024[130]. - The group did not acquire any subsidiaries or associates during the reporting period and has no plans for significant investments or capital assets[131]. - The company confirmed government subsidies of approximately HKD 48,000 related to the Employment Support Scheme, with no conditions unmet[81]. Dividend Policy - The company does not recommend the payment of a final dividend for the year ended April 30, 2024, consistent with the previous year[11]. - The company has no plans to declare or pay any dividends for the year[62].

Financial Performance - For the six months ended October 31, 2023, revenue was approximately HKD 25.7 million, a decrease of about 53.0% compared to HKD 54.5 million for the same period in 2022[8]. - The loss attributable to equity holders for the six months ended October 31, 2023, was approximately HKD 4.3 million, compared to a loss of HKD 10.2 million for the same period in 2022[8]. - Basic and diluted loss per share for the six months ended October 31, 2023, was approximately HKD 0.0175, compared to earnings of HKD 0.0424 per share for the same period in 2022[8]. - The gross profit for the six months ended October 31, 2023, was approximately HKD 0.5 million, a decrease of about 62.7% from HKD 1.4 million for the same period in 2022[15]. - The gross profit margin decreased from approximately 2.61% for the six months ended October 31, 2022, to about 2.1% for the same period in 2023[15]. - The company incurred a loss before tax of HKD 10,220,000 for the six months ended October 31, 2023, compared to a loss of HKD 4,321,000 for the same period in 2022, indicating a significant increase in losses[49]. - The basic and diluted loss per share for the six months was HKD 4.24, compared to HKD 1.75 for the same period in 2022, reflecting a worsening financial performance[49]. - The company reported a net loss of HKD 4,321,000 for the six months ended October 31, 2023, compared to a loss of HKD 10,220,000 for the same period in 2022, indicating an improvement of approximately 57.7%[53]. - For the three months ended October 31, 2023, the company reported a loss attributable to equity holders of HKD 2,700,000, compared to a loss of HKD 6,733,000 for the same period in 2022, representing a 60% improvement[76]. - For the six months ended October 31, 2023, the loss attributable to equity holders was HKD 4,321,000, down from HKD 10,220,000 in 2022, indicating a 58% reduction in losses[76]. Revenue and Costs - The decrease in revenue was primarily due to a reduction in renovation projects conducted in Hong Kong during the reporting period[13]. - Direct costs decreased by approximately 52.7% to HKD 25.1 million for the six months ended October 31, 2023, down from HKD 53.1 million for the same period in 2022[15]. - Administrative expenses decreased by approximately HKD 9.6 million or 86.7% to about HKD 1.5 million for the six months ended October 31, 2023, compared to HKD 11.1 million for the same period in 2022[16]. - The company's employee costs, including director remuneration, totaled HKD 1,069,000 for the six months ended October 31, 2023, a decrease from HKD 3,349,000 in the same period of 2022, reflecting a 68% reduction[69]. Cash Flow and Assets - Cash and bank balances decreased by approximately HKD 1.2 million to about HKD 0.3 million as of October 31, 2023, compared to HKD 1.5 million as of April 30, 2023[19]. - Cash and cash equivalents decreased to HKD 316,000 as of October 31, 2023, from HKD 1,546,000 at the beginning of the period, a decline of approximately 79.6%[55]. - Trade receivables as of October 31, 2023, amounted to HKD 30,737,000, slightly down from HKD 31,392,000 as of April 30, 2023[78]. - The company reported contract assets of HKD 11,040,000 as of October 31, 2023, an increase from HKD 8,754,000 as of April 30, 2023, indicating a 26% growth[83]. - The company's equity attributable to owners decreased to HKD 71,875,000 as of October 31, 2023, from HKD 76,196,000 as of April 30, 2023, a decrease of approximately 5.7%[51]. - Total assets amounted to HKD 92,296,000, an increase from HKD 87,205,000 as of April 30, 2023, representing an increase of approximately 3.8%[51]. Dividends and Share Capital - The company does not recommend the payment of an interim dividend for the six months ended October 31, 2023[9]. - The board of directors did not recommend the payment of an interim dividend for the six months ended October 31, 2023, consistent with the previous year[40]. - The issued share capital was HKD 12,320,000 with 246,400,000 shares as of October 31, 2023, with a par value of HKD 0.05 per share[27]. - The total number of issued and fully paid ordinary shares remained at 246,400,000 as of October 31, 2023[90]. Market and Business Strategy - The company plans to expand its business into other markets in the Asia-Pacific region, including Japan, Thailand, and Singapore, while continuing to focus on the Hong Kong construction industry[12]. - The Hong Kong government has committed to developing the construction industry, with annual basic engineering expenditure exceeding HKD 100 billion and overall construction volume expected to reach approximately HKD 300 billion annually[12]. Liabilities and Commitments - The company had no capital commitments as of October 31, 2023, consistent with the situation on April 30, 2023[25]. - The debt-to-equity ratio was approximately zero as of October 31, 2023, unchanged from April 30, 2023[22]. - The company had no significant contingent liabilities as of October 31, 2023, similar to the status on April 30, 2023[26]. - The group reported no significant contingent liabilities as of October 31, 2023[92]. Other Information - The company did not engage in any acquisitions or disposals of subsidiaries or associated companies during the reporting period[31]. - There were no significant investments or capital asset plans during the reporting period[31]. - The company has not reported any new product developments or market expansions during this period[58]. - There are no significant mergers or acquisitions reported in the current financial period[58]. - The company has not engaged in any purchase, sale, or redemption of its listed securities during the reporting period[37]. - The company is actively seeking suitable candidates to fill the vacancy left by the resignation of an independent non-executive director to comply with GEM listing rules[38]. - The audit committee reviewed the unaudited interim financial statements and confirmed compliance with applicable accounting standards and GEM listing rules[47]. - There were no significant post-reporting period events disclosed as of the report date[42].

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，並明確表示概不就因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 TAI KAM HOLDINGS LIMITED 泰錦控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8321） 二零二三年中期業績公告 泰錦控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司截至二零二三年十月三十一日止六個月的未經審核綜合業績。本公告列 載本公司二零二三年中期報告的全文，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」）中有關中期業績初步公告附載的相關資料要求。 承董事會命 泰錦控股有限公司 主席兼執行董事 郎俊豪 香港，二零二三年十二月十五日 於本公告日期，執行董事為劉潭影女士及郎俊豪先生；獨立非執行董事為羅智勇 先生及李懿軒女士。 本公告之資料乃遵照香港聯合交易所有限公司（「聯交所」）GEM證券上市規則而 刊載，旨在提供有關本公司之資料；各董事願就本公告之資料共同及個別地承擔 全部責任。各董事在作出一切合理查詢後確認 ...

Financial Performance - Revenue for the three months ended July 31, 2023, was approximately HKD 12.1 million, a decrease of about 50.8% compared to HKD 24.7 million for the same period in 2022[8] - Loss attributable to equity holders for the three months ended July 31, 2023, was approximately HKD 1.6 million, a reduction of about 53.5% from a loss of HKD 3.5 million in the same period last year[8] - Basic and diluted loss per share for the three months ended July 31, 2023, was approximately HKD 0.66 cents, compared to HKD 1.48 cents for the same period in 2022[8] - Gross profit for the three months ended July 31, 2023, was approximately HKD 0.2 million, a decrease of about 61.0% from HKD 0.6 million in the same period last year[16] - Gross profit margin decreased from approximately 2.3% for the three months ended July 31, 2022, to 1.9% for the same period in 2023[16] - Direct costs for the three months ended July 31, 2023, were approximately HKD 11.9 million, a decrease of about 50.5% from HKD 24.1 million in the same period last year[16] - For the three months ended July 31, 2023, the company reported a net loss of approximately HKD 1.6 million, a decrease from a net loss of approximately HKD 3.5 million for the same period in 2022, primarily due to reduced employee costs and professional fees[19] - The company reported a loss before tax of HKD 1,621,000 for the three months ended July 31, 2023, compared to a loss of HKD 3,487,000 in the same period last year, representing a 53.5% improvement[37] - Basic and diluted loss per share for the period was HKD 0.66, an improvement from HKD 1.48 in the previous year[37] - Other income and losses for the same period resulted in a loss of approximately HKD 1.0 million, compared to income of approximately HKD 1.0 million in 2022, mainly due to fair value losses on financial assets of approximately HKD 0.6 million and impairment losses of approximately HKD 0.4 million[18] Administrative Expenses - Administrative expenses for the three months ended July 31, 2023, were approximately HKD 0.8 million, a significant decrease of about 83.9% from HKD 5.0 million in the same period last year[17] - Total administrative expenses decreased to HKD 798,000 from HKD 4,971,000, a reduction of 83.9%[37] Business Strategy and Market Expansion - The company plans to expand its business into other markets in the Asia-Pacific region, including Japan, Thailand, and Singapore[12] - The company will continue to focus on site formation and renovation works in Hong Kong while enhancing its competitive advantages in the construction industry[12] - The company operates primarily in Hong Kong, focusing on site formation and renovation works[42] Corporate Governance - The board believes that the company has complied with the corporate governance code during the three months ended July 31, 2023[28] - The company aims to maintain high standards of corporate governance to build trust with shareholders and stakeholders[26] - The company has adopted a share option scheme in September 2016, in compliance with GEM Listing Rules[31] - The company’s directors and their close associates confirmed no interests in any competing businesses that may directly or indirectly compete with the company[24] Shareholder Information - The company did not recommend the payment of an interim dividend for the three months ended July 31, 2023, consistent with the previous year[30] - No major shareholders reported any interests or short positions in the company's shares as of July 31, 2023[22] - As of July 31, 2023, the company had a total of 47,040,000 unexercised share options, with the exercise price ranging from HKD 0.12 to HKD 0.7[33] Financial Position - The company’s total equity attributable to equity holders as of July 31, 2023, was HKD 74,575,000, down from HKD 97,646,000 as of July 31, 2022[39] - There were no interest expenses from other borrowings for the three months ended July 31, 2023, compared to HKD 66,000 in the same period of 2022, indicating a reduction in financial costs[57] - The company has not adopted any new or revised Hong Kong Financial Reporting Standards that would have a significant impact on its financial performance or position[45] Customer Contributions - Major customer A contributed HKD 5,812,000 to revenue, down 69.3% from HKD 18,944,000 in the previous year, while major customer B contributed HKD 6,334,000, up 10.8% from HKD 5,718,000[52]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 TAI KAM HOLDINGS LIMITED 泰錦控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8321） 二零二三年第一季度業績公告 泰錦控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司截至二零二三年七月三十一日止三個月的未經審核綜合業績。本公告列 載本公司二零二三年第一季度報告的全文，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」）中有關季度業績初步公告附載的相關資料要求。 承董事會命 泰錦控股有限公司 主席兼執行董事 郎俊豪 香港，二零二三年九月十四日 於本公告日期，執行董事為劉潭影女士及郎俊豪先生；獨立非執行董事為劉宏立 先生、羅智勇先生及李懿軒女士。 本公告之資料乃遵照香港聯合交易所有限公司（「聯交所」）GEM證券上市規則而 刊載，旨在提供有關本公司之資料；各董事願就本公告之資料共同及個別地承擔 全部責任。各董事在作出 ...

Financial Performance - The group's revenue increased by approximately HKD 39.0 million, or about 66.9%, from approximately HKD 58.3 million for the year ended April 30, 2022, to approximately HKD 97.3 million for the reporting period[8]. - The net loss for the reporting period was approximately HKD 31.7 million, compared to a net loss of approximately HKD 18.8 million for the year ended April 30, 2022[9]. - The increase in net loss was primarily attributed to a decrease in other income and other gains or losses, as well as a decline in gross profit during the reporting period[10]. - The increase in revenue was mainly due to an increase in site formation and renovation works during the reporting period[17]. - The group's gross profit decreased from approximately HKD 2.1 million to about HKD 2.0 million, a reduction of approximately 4.8%[20]. - The gross profit margin fell from approximately 3.5% to about 2.1%, primarily due to an increase in lower-margin contract revenue[20]. - Direct costs increased by approximately 69.5%, from about HKD 56.3 million to approximately HKD 95.4 million, mainly due to higher subcontracting and labor costs[20]. - Administrative expenses surged by approximately 164.0%, from about HKD 7.5 million to approximately HKD 19.8 million, driven by increased legal and professional fees, employee costs, and share option expenses[21]. - Other income decreased from HKD 1.1 million to approximately HKD 0.2 million, primarily due to a reduction in scrap sales and supplier refunds[22]. - The net loss increased to approximately HKD 31.7 million from HKD 18.8 million, attributed to decreased other income and increased administrative expenses[23]. - Total revenue for the year ended April 30, 2023, was HKD 97,332,000, representing an increase of 66.8% compared to HKD 58,344,000 in the previous year[176]. - The gross profit for the same period was HKD 1,962,000, a decrease of 4.5% from HKD 2,054,000 in 2022[176]. - Operating loss increased to HKD 31,489,000, compared to a loss of HKD 18,574,000 in the prior year, reflecting a deterioration of 69.3%[176]. - The net loss attributable to owners for the year was HKD 31,749,000, compared to HKD 18,778,000 in the previous year, indicating a 69.0% increase in losses[176]. - Basic and diluted loss per share for the year was HKD 13.03, compared to HKD 8.14 in 2022, representing a 60.0% increase in loss per share[176]. - Total assets decreased to HKD 87,205,000 from HKD 133,225,000, a decline of 34.5% year-over-year[178]. - Current liabilities decreased to HKD 17,794,000 from HKD 32,123,000, a reduction of 44.7%[178]. - The company's equity attributable to owners decreased to HKD 76,196,000 from HKD 101,133,000, a decline of 24.7%[178]. - The company issued new shares, increasing share capital from HKD 11,840,000 to HKD 12,320,000, an increase of 4.0%[180]. - The company recognized impairment losses of HKD 4,121,000 under the expected credit loss model, a significant improvement from HKD 15,634,000 in the previous year[176]. - For the year ended April 30, 2023, the company reported a pre-tax loss of HKD 31,749,000, compared to a loss of HKD 18,834,000 in the previous year, indicating a deterioration in performance[182]. - The net cash used in operating activities was HKD 3,762,000, an improvement from HKD 8,748,000 in the previous year, reflecting better cash flow management[182]. - Cash and cash equivalents decreased by HKD 8,399,000, ending the period at HKD 1,546,000, down from HKD 9,945,000 at the beginning of the period[182]. - The company incurred a loss of HKD 10,240,000 from fair value changes in financial assets, a significant improvement from a loss of HKD 500,000 in the previous year[182]. - The financing activities generated a net cash inflow of HKD 1,737,000, consistent with the previous year's inflow of HKD 1,757,000, indicating stable financing operations[182]. Corporate Governance - The board consists of five directors, including two executive directors and three independent non-executive directors, ensuring a strong independent element for sound judgment[52]. - The company has adopted a board diversity policy, with two out of five directors being female, promoting a balanced representation of skills and experiences[54]. - The board held a total of seven meetings during the reporting period, with one additional meeting held from May 1, 2023, to the report date[58]. - The company has confirmed compliance with the GEM Listing Rules regarding the independence of all three independent non-executive directors[52]. - The company emphasizes the importance of good corporate governance to achieve business growth and maintain a healthy corporate culture[48]. - The board is responsible for setting the overall strategy, approving development plans, and monitoring financial and operational performance[50]. - The company has a strong commitment to transparency and accountability, which is crucial for maintaining stakeholder trust[49]. - The company has implemented a code of conduct for securities trading, ensuring all directors adhered to the established guidelines during the reporting period[57]. - The company has a dedicated nomination committee that reviews the composition of the board from a diversity perspective and monitors the implementation of the diversity policy annually[55]. - The company aims to maintain high levels of corporate governance to create long-term value for shareholders[49]. - The board of directors attended meetings with attendance records showing 100% participation from independent non-executive directors[59]. - The audit committee held four meetings during the reporting period, with all members attending 100% of the meetings[66]. - The remuneration committee reviewed the overall remuneration policy and structure for all directors and senior management, ensuring alignment with the group's performance[70]. - The company plans to reappoint the external auditor, pending shareholder approval at the annual general meeting[69]. - The remuneration committee held one meeting during the reporting period, with all members present[71]. - The company emphasizes continuous professional development for directors to ensure compliance and enhance governance knowledge[62]. - The audit committee reviewed the effectiveness of the company's risk management and internal control systems[69]. - The company has established three functional committees to assist the board in fulfilling its responsibilities[63]. - The remuneration policy is based on experience, level of responsibility, and overall market conditions[76]. - The company has committed to providing sufficient resources and support to all committees to fulfill their duties[63]. - The company has adopted a policy for the disclosure of inside information to ensure compliance with confidentiality obligations[89]. - The nomination committee held two meetings during the reporting period to review the board's structure and diversity policy[80]. - The company has not established an internal audit department but conducts an annual review to assess the need for one, given its relatively simple corporate structure[86]. - The board is responsible for overseeing the effectiveness of the group's risk management and internal control systems[86]. - The company has implemented measures to improve its risk management and internal control systems based on recommendations from external consultants[87]. - The company has arranged for directors and senior management liability insurance to cover legal costs arising from corporate activities[149]. - The company confirmed no interests in competing businesses that would require disclosure under GEM listing rules[146]. - The company has a transparent communication strategy with investors through various channels, including financial reports and announcements[103]. - The company's governance report outlines procedures for shareholders to raise inquiries and propose resolutions[100][98]. Market and Operational Strategy - The government has committed to developing the construction industry in Hong Kong, with annual basic engineering expenditures exceeding HKD 100 billion and overall construction volume expected to surge to approximately HKD 300 billion per year[11]. - The company plans to expand its business into other markets in the Asia-Pacific region, including but not limited to Japan, Thailand, and Singapore[11]. - The company aims to enhance its competitive advantages in the construction industry and increase shareholder returns by focusing on site formation works and renovation projects in Hong Kong[16]. - The company maintains long-term relationships with major clients, with most relationships lasting between one to six years[113]. - There were no significant difficulties encountered in procuring materials or appointing subcontractors during the reporting period[115]. - The company has established a list of approved subcontractors to ensure quality and efficiency in project execution[115]. - The company operates as a single operating segment as a general contractor for construction projects in Hong Kong, with no geographical segment reporting due to the concentration of revenue and non-current assets[119]. - The company emphasizes employee training and development as a key competitive factor, providing competitive compensation to attract and retain talent[116]. Shareholder and Financial Policies - The group had no significant capital commitments or contingent liabilities as of April 30, 2023[35][36]. - The group did not propose a final dividend for the reporting period, consistent with the previous year[25]. - The company has adopted a dividend policy to allow shareholders to share in profits while retaining liquidity for future development[106]. - The board will consider actual and expected financial performance, retained earnings, capital requirements, and overall economic conditions when deciding on dividend distribution[107][109]. - The board will review the dividend policy periodically and does not guarantee specific dividend amounts in any given period[108]. - The company reported no interim or final dividends declared or paid during the reporting period, consistent with 2022[122]. - The company’s distributable reserves as of April 30, 2023, were approximately HKD 47.5 million, up from HKD 6.7 million in 2022[131]. - The largest and top five customers accounted for approximately 83.7% and 100.0% of total revenue during the reporting period, compared to 40.9% and 100.0% in 2022[117]. - The group’s procurement from the largest and top five suppliers represented about 28.1% and 72.6% of total procurement, compared to 22.4% and 70.3% in 2022[117]. - As of April 30, 2023, the total issued share capital of the company was 246,400,000 shares at HKD 0.01 per share[126]. - The company has confirmed the independence of all independent non-executive directors in accordance with GEM listing rules[133]. - No significant transactions or arrangements involving the company or its subsidiaries were reported during the fiscal year[140]. - The company did not enter into any management contracts involving a substantial part of its business during the reporting period[141]. - There were no related party transactions that required disclosure under GEM listing rules during the reporting period[145]. - The company has adopted a share option scheme, with a total of 35,200,000 options granted as of April 30, 2023[152]. - As of April 30, 2023, there were 47,040,000 unexercised share options remaining[152]. - The company maintains sufficient public float as required by GEM listing rules as of the report date[159]. - The consolidated financial statements for the reporting period were audited by Kwan Wong Tan & Fong CPA Limited[160]. - There were no significant events to report after the reporting period[157]. - The company has not early adopted any new or revised Hong Kong Financial Reporting Standards that could significantly impact future financial statements[190]. - The company continues to apply the revised Hong Kong Financial Reporting Standards without significant impact on its financial performance and disclosures for the current and prior years[186]. - The fair value measurement is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date[196]. - The financial statements include the financial results of the company and its controlled entities, with control assessed based on specific criteria[197]. - The group recognizes the acquisition of subsidiaries in the consolidated accounts from the date control is obtained until control is lost, with income and expenses accounted for during this period[198]. - Adjustments are made to the financial statements of subsidiaries to ensure consistency with the group's accounting policies[199]. - When control over a subsidiary is lost, the assets and liabilities of that subsidiary are derecognized, and the gain or loss is calculated based on the fair value of consideration received versus the carrying amount of the subsidiary's net assets[200].

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，並明確表示概不就因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 TAI KAM HOLDINGS LIMITED 泰錦控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8321） 截至二零二三年四月三十日止年度年度業績公告 泰錦控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其 附屬公司截至二零二三年四月三十日止年度的年度業績。本公告列載本公司二零 二三年年報的全文，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」）中有關年度業績初步公告附載的相關資料要求。 承董事會命 泰錦控股有限公司 主席兼執行董事 郎俊豪 香港，二零二三年七月三十一日 於本公告日期，執行董事為劉潭影女士及郎俊豪先生；獨立非執行董事為劉宏立 先生、羅智勇先生及李懿軒女士。 本公告之資料乃遵照香港聯合交易所有限公司（「聯交所」）GEM證券上市規則而 刊載，旨在提供有關本公司之資料；各董事願就本公告之資料共同及個別地承擔 全部責任。各董事在作出 ...

Financial Performance - For the nine months ended January 31, 2023, revenue was approximately HKD 83.1 million, an increase of about 61.7% compared to HKD 51.4 million for the same period in 2022[8] - The loss attributable to equity holders for the nine months ended January 31, 2023, was approximately HKD 25.2 million, compared to a loss of HKD 1.9 million for the same period in 2022[8] - Basic and diluted loss per share for the nine months ended January 31, 2023, was approximately HKD 0.1041, compared to HKD 0.0083 for the same period in 2022[8] - The company recorded a net loss of approximately HKD 25.2 million for the nine months ended January 31, 2023, compared to a net loss of approximately HKD 1.9 million for the same period in 2022, indicating a significant increase in losses[20] - Loss before tax for the three months ended January 31, 2023, was HKD 15,018,000 compared to a profit of HKD 2,660,000 in the same period of 2022[37] - The company reported a loss attributable to equity holders of HKD 15,018,000 for Q3 2023, compared to a profit of HKD 2,660,000 in Q3 2022, indicating a substantial decline[59] - The company reported a loss of HKD 25,238,000 for the nine months ended January 31, 2023, compared to a loss of HKD 1,922,000 in the same period of 2022, indicating a worsening financial position[59] Revenue and Profitability - Revenue for the three months ended January 31, 2023, was HKD 28,604,000, representing a 45.5% increase from HKD 19,676,000 in the same period of 2022[37] - Revenue for the nine months ended January 31, 2023, reached HKD 83,131,000, up 62.0% from HKD 51,356,000 year-on-year[37] - Gross profit for the nine months ended January 31, 2023, was approximately HKD 1.7 million, with a gross margin of about 2%, down from approximately 3.4% in the same period in 2022[15] - Gross profit for the three months ended January 31, 2023, was HKD 272,000, down 56.4% from HKD 623,000 in the same period of 2022[37] Costs and Expenses - Direct costs increased by approximately 64.1% to HKD 81.4 million for the nine months ended January 31, 2023, compared to HKD 49.6 million for the same period in 2022[15] - Administrative expenses rose by approximately 143.6% to HKD 13.1 million for the nine months ended January 31, 2023, compared to HKD 5.4 million for the same period in 2022[17] - The increase in net loss was primarily due to a decrease in other income and other gains, along with an increase in administrative expenses[20] - Employee costs, including director remuneration, increased from HKD 1,367,000 in the first nine months of 2022 to HKD 3,935,000 in 2023, reflecting a significant rise of approximately 187%[54] - The company experienced a significant increase in subcontracting costs, rising from HKD 49,613,000 in the first nine months of 2022 to HKD 81,433,000 in 2023, representing a growth of approximately 64%[54] Other Income and Losses - Other income and losses decreased by approximately HKD 15.5 million, primarily due to an increase in expected credit loss impairment of about HKD 2.0 million[16] - Other income for the nine months ended January 31, 2023, was HKD 48,000, compared to no other income in the same period of 2022[51] Dividends and Share Options - The company does not recommend the payment of an interim dividend for the nine months ended January 31, 2023[9] - The board of directors did not recommend the payment of an interim dividend for the nine months ended January 31, 2023, consistent with the previous year[27] - The company has a total of 25.6 million unexercised share options as of January 31, 2023, with a weighted average exercise price of HKD 0.12 and HKD 0.7[32] - The company has adopted a share option scheme in compliance with GEM Listing Rules since September 26, 2016[31] - There were no other share options granted, exercised, cancelled, or lapsed during the nine months ended January 31, 2023, apart from those disclosed[34] Market Expansion and Strategy - The company plans to expand its business into other markets in the Asia-Pacific region, including Japan, Thailand, and Singapore, while continuing to focus on its core construction business in Hong Kong[11] - The company has not reported any significant new product developments or market expansions during the reporting period[46] Financial Position - The company’s total equity as of January 31, 2023, was HKD 77,047,000, down from HKD 115,647,000 as of January 31, 2022[39] - As of January 31, 2023, the company did not hold any significant investments exceeding 5% of total assets[28] - The company has not purchased, sold, or redeemed any of its listed securities during the nine months ended January 31, 2023[25] Compliance and Audit - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial statements for the nine months ended January 31, 2023, and found them compliant with applicable accounting standards and regulations[36] - No major post-reporting date events have been disclosed as of the report date[30] - There were no significant temporary differences during the reporting period, resulting in no deferred tax provisions being recognized[57] Financing Costs - Financing costs for the nine months ended January 31, 2023, were approximately HKD 196,000, compared to HKD 197,000 for the same period in 2022[19] - Interest expenses for other borrowings decreased slightly from HKD 66,000 in Q3 2022 to HKD 65,000 in Q3 2023, and for the nine months, it decreased from HKD 197,000 to HKD 196,000[52] Depreciation and Fair Value Changes - The depreciation of property, plant, and equipment was recorded at HKD 16,000 for the nine months ended January 31, 2023, down from HKD 68,000 in the same period of 2022[54] - The fair value changes of financial assets recorded a gain of HKD 7,716,000 in Q3 2023, compared to a loss of HKD 5,873,000 in Q3 2022, marking a significant turnaround[54]