Financial Performance - The company's revenue for the six months ended September 30, 2025, was HKD 178,166,000, a decrease of 24.4% compared to HKD 235,785,000 for the same period in 2024[8] - Gross profit for the same period was HKD 7,353,000, down 69.3% from HKD 23,998,000 year-on-year[8] - The company reported a loss before tax of HKD 20,102,000, compared to a profit of HKD 10,385,000 in the previous year[8] - Basic loss per share was HKD 2.52, compared to earnings of HKD 1.13 per share in the same period last year[8] - The company incurred a total comprehensive loss of HKD (20,139) thousand for the six months ended September 30, 2025, compared to a total comprehensive income of HKD 9,010 thousand for the same period in 2024[10] - The group recorded a loss attributable to owners of approximately HKD 20.1 million for the period, compared to a profit of HKD 9.0 million in the previous period[65] Assets and Liabilities - Non-current assets decreased to HKD 54,856,000 from HKD 65,686,000 as of March 31, 2025[9] - Current assets increased to HKD 334,945,000 from HKD 313,660,000 as of March 31, 2025[9] - Current liabilities rose to HKD 264,418,000 from HKD 233,621,000 as of March 31, 2025[9] - Total equity decreased to HKD 124,789,000 from HKD 144,928,000 as of March 31, 2025[9] - The company’s total equity as of September 30, 2025, was HKD 124,789 thousand, down from HKD 166,130 thousand as of September 30, 2024, representing a decrease of approximately 24.9%[10] - The company’s retained earnings decreased to HKD 80,457 thousand as of September 30, 2025, from HKD 121,798 thousand as of September 30, 2024, reflecting a decline of approximately 33.9%[10] Cash Flow - For the six months ended September 30, 2025, the company reported a net cash outflow from operating activities of HKD (16,666) thousand, compared to a net inflow of HKD 13,855 thousand for the same period in 2024[12] - The company reported a net cash outflow from investing activities of HKD (3,275) thousand for the six months ended September 30, 2025, compared to a net outflow of HKD (28,031) thousand in the same period of 2024, indicating an improvement in cash flow management[12] - The company’s financing activities resulted in a net cash outflow of HKD (340) thousand for the six months ended September 30, 2025, compared to a net inflow of HKD 5,348 thousand in the same period of 2024, reflecting a shift in financing strategy[12] Revenue Sources - The company generated HKD 177,969 thousand in customer contract revenue from renovation and construction services for the six months ended September 30, 2025, compared to HKD 235,588 thousand in the same period of 2024, indicating a decline of approximately 24.5%[21][22] - Property rental income for the six months ended September 30, 2025, was HKD 197 thousand, consistent with the same amount reported in the previous year[21][22] Employee Costs - Total employee costs for the period were HKD 15,741,000, a decrease of 2.75% from HKD 16,186,000 in the previous year[24] - The total employee cost for the period is approximately HKD 15.7 million, compared to HKD 16.2 million for the six months ending September 30, 2024[86] Investments and Loans - The company has a loan to a joint venture amounting to HKD 56,378,000 as of September 30, 2025, with a provision for credit losses of HKD 30,480,000[32] - The company has committed to provide a shareholder loan of HKD 40 million to the joint venture Acasa during the property reconstruction period, with no loans provided as of September 30, 2025[70] Shareholder Information - As of September 30, 2025, Mr. Liang and Mr. Ho each hold 574,170,000 shares, representing approximately 71.8% of the company's ordinary shares[87] - The major shareholders, Sharp Talent and Diamondfield, are considered to hold a combined interest of 71.0% in the company's issued share capital[92] Corporate Governance - The Audit Committee has been established in accordance with the corporate governance code and GEM listing rules, consisting of three independent non-executive directors[100] - The Audit Committee is responsible for recommending the appointment, reappointment, and removal of external auditors to the Board[100] - The current executive directors include Mr. Leung Ka Ho and Mr. Ho Chi Kwan, with independent non-executive directors including Ms. Ho Wing Shan, Mr. Leung Hung Kwong, Mr. Mei Yi Wo, and Mr. Qiu Si Yang[103]

Core Viewpoint - CHI HO DEV (08423) anticipates a consolidated net loss of between HKD 20 million and HKD 21 million for the six months ending September 30, 2025, compared to a consolidated profit of approximately HKD 9 million for the six months ending September 30, 2024 [1] Financial Performance - The expected consolidated net loss is primarily attributed to provisions of approximately HKD 14 million recognized under the expected credit loss model for loans to a joint venture [1] - An additional provision of about HKD 2 million has been recognized under the expected credit loss model for trade receivables and contract assets [1] - A decrease in revenue from mixed projects, renovation, and construction works has led to a reduction in gross profit [1]

Core Viewpoint - CHI HO DEV (08423) anticipates a consolidated net loss of between HKD 20 million and HKD 21 million for the six months ending September 30, 2025, compared to a consolidated net profit of approximately HKD 9 million for the six months ending September 30, 2024 [1] Summary by Relevant Categories Financial Performance - The company expects a consolidated net loss of HKD 20 million to HKD 21 million for the upcoming six-month period [1] - In contrast, the previous six-month period reported a consolidated net profit of approximately HKD 9 million [1] Factors Contributing to Loss - The anticipated loss is primarily attributed to: - A provision of approximately HKD 14 million recognized under the expected credit loss model related to loans to a joint venture [1] - A provision of about HKD 2 million recognized under the expected credit loss model for trade receivables and contract assets [1] - A decrease in revenue from mixed projects, renovation, and construction works, leading to a reduction in gross profit [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（「聯交所」）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，並明確表示概不會就本公告全部或任何部分內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CHI HO DEVELOPMENT HOLDINGS LIMITED 本公司董事會（「董事會」）謹此知會本公司股東及潛在投資者，根據董事會對 本集團截至二零二五年九月三十日止六個月的未經審核綜合管理賬目的初步 審閱及董事會目前可得資料，預期本集團於截至二零二五年九月三十日止六 個月將錄得綜合虧損淨額介乎20百萬港元至21百萬港元，而截至二零二四年九 月三十日止六個月則為綜合純利約9.0百萬港元。 根據目前可得資料，董事會認為截至二零二五年九月三十日止六個月的綜合 虧損淨額主要由於(i)就向一間合營企業貸款而於預期信用損失模型下確認的撥 備約14百萬港元，(ii)就貿易應收款項及合約資產而於預期信用損失模型下確 認的撥備約2百萬港元，及(iii)混合項目以及改建及加建工程以及裝修工程的收 益減少，導致毛利減少。 本公司現正落實本集團截至二零二五年九月三十日止六個月的中期業績。本 公告所載資料 ...

（股 份 代 號：8423） 董事會會議通告 潪㵆發展控股有限公司（「本公司」及其附屬公司，統稱「本集團」）董事（「董事」） 會（「董事會」）謹此宣佈，董事會會議將於二零二五年十一月二十七日（星期四） 舉行，藉以（其中包括）(1)審議及批准本集團截至二零二五年九月三十日止六 個月的未經審核中期業績（「中期業績」）及分別將於聯交所的網站及本公司網 站刊登之中期業績公告；(2)審議中期股息建議（如有）；(3)審議暫停辦理本公 司股份過戶登記手續（如需要）；及(4)辦理任何其他業務。 香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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，並明確表示概不會就本公告全部或任何部分內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CHI HO DEVELOPMENT HOLDINGS LIMITED 潪 㵆 發 展 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） 潪㵆發展控股有限公司 董事會主席兼執行董事 梁家浩 香港，二零二五年十一月十四日 於本公告日期，執行董事為梁家浩先生及何智崐先生；以及獨立非執 ...

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10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 潪㵆發展控股有限公司 呈交日期: 2025年11月5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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊 ...

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 | 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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本總額： HKD 20,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 ...

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8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 潪㵆發展控股有限公司 呈交日期: 2025年9月5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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本 ...

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 公司名稱: 潪㵆發展控股有限公司 呈交日期: 2025年8月4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) | 08423 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.01 | HKD | | 20,000,000 | 本月底法定/註冊股本 ...

2025 年報 2025 Annual Report Annual Report 2025 年報 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起聯交所上市的其他公司帶有更高投資風險的中小型公司提供一個上市的市場。有意投資者應 了解投資於此類公司的潛在風險，並應經審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會承受較於聯交所主板買賣的證券為高的市場波動風 險，同時亦無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本年報的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表 示，概不對因本年報全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本年報遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定提供有關潪㵆發展控股有限公司（「本公司」，連同其附 屬公司統稱「本集團」或「我們」）的資料。本公司各董事（統稱「董事」及各自為一名「董事」）對本年報所載資料共同及個 別承擔全部責任。董事在作出一切合理查詢後確認，就彼等深知及確信，本年報所載資料在各重大方面均屬準確及完 整，且無誤導或欺 ...