Financial Performance - For the three months ended June 30, 2023, the group's revenue was approximately HKD 39.7 million, a decrease of about 20.3% compared to HKD 49.8 million for the same period in 2022[8]. - The gross profit for the same period was approximately HKD 10.7 million, down about 15.1% from HKD 12.6 million in the previous year[8]. - The net loss for the three months ended June 30, 2023, was approximately HKD 2.3 million, compared to a net profit of HKD 577,000 for the same period in 2022[8]. - Basic and diluted loss per share for the period was HKD 0.23, compared to earnings of HKD 0.06 per share in the previous year[8]. - The total comprehensive loss for the period attributable to owners of the company was HKD 2.3 million, compared to a profit of HKD 577,000 in the prior year[9]. - Revenue from residential buildings was HKD 7,435,000, down 32.0% from HKD 11,073,000 year-on-year[19]. - Revenue from community facilities was HKD 9,897,000, a slight decrease of 2.4% from HKD 10,137,000 in the previous year[19]. - Revenue from commercial buildings increased to HKD 11,777,000, up 6.0% from HKD 11,110,000 in the same period last year[19]. - The company reported a loss attributable to owners of HKD 2,288,000 for the three months ended June 30, 2023, compared to a profit of HKD 577,000 in the same period of 2022[29]. - Total employee costs for the period were HKD 11,151,000, a decrease of 2.5% from HKD 11,434,000 in the previous year[25]. - The company incurred finance costs of HKD 494,000, significantly higher than HKD 139,000 in the same period last year[24]. - Other income decreased to HKD 35,000 from HKD 577,000 year-on-year[9]. - The company reported a tax expense of HKD 146,000, a decrease of 81.7% from HKD 798,000 in the previous year[27]. Dividends and Shareholder Information - The board of directors did not recommend any dividend for the three months ended June 30, 2023, consistent with the previous year[8]. - The company did not declare any dividends for the three months ended June 30, 2023, consistent with the previous year[31]. - The company’s directors and major shareholders hold a 75% equity interest in the company, with Mr. Lam and Ms. Wang each holding 750 million shares[59]. - As of June 30, 2023, Ultra Success holds 750,000,000 shares, representing 75% of the company's equity[63]. - There were no unexercised share options as of June 30, 2023, and no share options have been granted, agreed to be granted, exercised, or cancelled since the listing date[65]. - The company did not purchase, sell, or redeem any of its listed securities during the three months ended June 30, 2023[66]. Corporate Governance and Compliance - The audit committee reviewed the financial reporting process and confirmed that the unaudited condensed consolidated financial statements for the three months ended June 30, 2023, were prepared in accordance with applicable accounting standards[72]. - The company has adopted a code of conduct for securities trading that complies with GEM Listing Rules, and all directors confirmed compliance with the trading standards[69]. - The roles of the chairman and CEO are held by Mr. Lin, which the board believes is in the best interest of the company despite deviating from corporate governance code C.2.1[68]. - The company has established an audit committee to oversee financial reporting, risk management, and internal control processes since March 18, 2020[72]. - The company has complied with the corporate governance practices as per GEM Listing Rules, except for the aforementioned deviation[67]. - The company emphasizes the importance of good corporate governance to promote accountability in management and internal procedures[67]. Business Strategy and Market Position - The company has undergone a group restructuring and has been listed on the GEM since April 23, 2020[13]. - The company plans to utilize approximately HKD 21.6 million from the net proceeds, with 9.8% allocated for purchasing additional machinery and equipment, 29.1% for expanding workforce, and 31.0% for strengthening financial position[50]. - As of June 30, 2023, the company has utilized about HKD 17.8 million from the net proceeds, with the remaining balance stored in a licensed bank in Hong Kong[50]. - The company anticipates that the impact of COVID-19 will depend on the effectiveness of preventive measures and the duration of the pandemic, affecting the overall economy in Hong Kong and Macau[52]. - The company is committed to strict cost control policies and will take necessary actions to maintain profitability and market competitiveness amid economic uncertainties[53]. - The company aims to expand its workforce and secure more construction protection projects in Hong Kong to strengthen its market position[53]. - The company has not encountered any significant shortages or difficulties in the supply of construction protection products[52]. - The company will regularly review its asset structure and business strategies to adapt to future challenges[53]. Environmental Responsibility - The company has not faced any prosecutions, fines, or penalties for violating applicable environmental laws or regulations[55]. - The company is dedicated to enhancing environmental protection and aims to minimize the impact of its business activities on the environment[54].

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」）對本公佈之內容概不負責，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佈全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 Sunray Engineering Group Limited 新 威 工 程 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8616） 截 至 二 零 二 三 年 六 月 三 十 日 止 三 個 月 第 一 季 度 業 績 公 佈 新威工程集團有限公司（「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六月三十日止三個月的未經審核綜合業績。本公佈（載有 本公司截至二零二三年六月三十日止三個月的第一季度報告（「二零二三年第一季度 報告」）全文）符合聯交所GEM證券上市規則（「GEM上市規則」）有關第一季度業績 初步公告附載資料的相關要求。二零二三年第一季度報告印刷本將以GEM上市規 則所規定的方式於適當時候寄發予本公司股東，並於聯交所網站(www.hkexnews. hk)及本公司網站(www.sunray.com.hk)可供查閱 ...

Financial Performance - For the fiscal year ending March 31, 2023, the company recorded total revenue of approximately HKD 222.8 million, an increase of about HKD 22.9 million or 11.5% compared to approximately HKD 199.9 million for the fiscal year ending March 31, 2022[7]. - The profit and total comprehensive income for the fiscal year was approximately HKD 5.5 million, a decrease of about HKD 5.4 million or 49.5% from approximately HKD 10.9 million for the previous fiscal year, primarily due to increased construction costs and administrative expenses[7]. - The company's total revenue increased from approximately HKD 199.9 million for the year ended March 31, 2022, to approximately HKD 222.8 million for the year ended March 31, 2023, representing an increase of about HKD 22.9 million or 11.5%[12]. - Revenue from construction protection services rose from approximately HKD 117.6 million to approximately HKD 162.7 million, an increase of about HKD 45.1 million or 38.4%, driven by an increase in both public and private project numbers[14]. - Revenue from construction protection products decreased from approximately HKD 82.2 million to approximately HKD 60.1 million, a decline of about HKD 22.1 million or 26.9%, primarily due to reduced demand from Hong Kong customers[17]. - Sales and service costs increased from approximately HKD 137.6 million to approximately HKD 165.4 million, an increase of about HKD 27.8 million or 20.2%[18]. - Gross profit decreased from approximately HKD 62.3 million to approximately HKD 57.4 million, a decline of about HKD 4.9 million or 7.9%, with the gross profit margin dropping from approximately 31.2% to 25.8%[19]. - Other income rose from approximately HKD 0.9 million to approximately HKD 1.4 million, mainly due to subsidies received from the Hong Kong government's employment support scheme[20]. - The total profit and comprehensive income decreased from approximately HKD 10.9 million to approximately HKD 5.5 million[26]. Project and Contract Management - The company undertook 347 projects with a total contract value of approximately HKD 881.1 million, of which 87 projects with a contract value of approximately HKD 78.2 million were completed[11]. - As of March 31, 2023, the company had 260 ongoing contracts with a total contract value of approximately HKD 802.9 million[11]. - The company plans to actively explore and seek more quality construction protection products to create reliable solutions for customers[7]. - The company remains vigilant and will continue to expand its workforce and pursue more construction protection projects in Hong Kong to strengthen its market position[61]. Market Outlook and Strategy - The company anticipates continued challenges in the business environment but remains optimistic about the construction protection industry due to the relaxation of pandemic measures and increased housing supply from the Hong Kong government[7]. - The company aims to expand its customer base and market share while optimizing resource utilization and efficiency to maximize shareholder returns[6]. - The company may consider other investment opportunities to diversify its revenue sources and mitigate competition risks in the construction market[7]. - The company plans to regularly review its asset structure and business strategies in response to current economic uncertainties and challenges[61]. - The company aims to maintain profitability and market competitiveness by strictly adhering to cost control policies and seeking suitable investment opportunities for business diversification[61]. Financial Position and Assets - As of March 31, 2023, the company's total assets were approximately HKD 257.5 million, a slight decrease from HKD 258.2 million as of March 31, 2022[30]. - The company's equity attributable to shareholders increased from approximately HKD 182.1 million to approximately HKD 187.6 million, an increase of about HKD 5.5 million[30]. - The company's interest-bearing borrowings totaled approximately HKD 27.8 million as of March 31, 2023, down from HKD 28.6 million as of March 31, 2022[30]. - The group's debt-to-equity ratio decreased from approximately 15.7% as of March 31, 2022, to about 14.8% as of March 31, 2023, primarily due to bank loan repayments[32]. - As of March 31, 2023, the group's current assets net value was approximately HKD 134.4 million, an increase of about HKD 2.4 million from HKD 132.0 million as of March 31, 2022, resulting in a current ratio increase from approximately 2.8 times to about 3.0 times[33]. Human Resources and Workforce - Total employee costs for the year ended March 31, 2023, were approximately HKD 33.6 million, up from HKD 30.1 million for the year ended March 31, 2022[52]. - The company has recruited additional personnel, including a quantity surveyor manager, a quantity surveyor, two project managers, three foremen, and a project clerk to support the growing number of construction protection projects[58]. Corporate Governance - The company has adopted the GEM Listing Rules Appendix 15 Corporate Governance Code as the basis for its corporate governance practices[84]. - The board believes that effective corporate governance is essential for protecting shareholders' interests and enhancing corporate value[84]. - The company has complied with all applicable provisions of the Corporate Governance Code since its listing date, except for the provision C.2.1[84]. - The company is committed to achieving a high level of corporate governance to enhance transparency and accountability[84]. - The board consists of independent non-executive directors who provide independent advice on corporate governance matters[70]. - The company has a remuneration committee, audit committee, and nomination committee to oversee governance practices[70]. - The independent non-executive directors have confirmed their independence in accordance with GEM Listing Rules, ensuring compliance with governance standards[92]. Risk Management - The board is responsible for the effectiveness of the group's risk management and internal control systems, which are reviewed annually[129]. - The risk management process includes identifying, assessing, responding to, monitoring, and reporting risks, covering strategic, credit, operational, market, liquidity, legal, and regulatory risks[131]. - The company has adopted multiple internal guidelines and written policies to monitor and mitigate business-related risks[132]. - The board believes that the risk management and internal control systems are adequate and effective as of March 31, 2023, with no significant control deficiencies identified[134]. Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes its commitment to reducing operational environmental impact and promoting sustainability through the use of eco-friendly products and recycling initiatives[8]. - The board is responsible for overseeing environmental, social, and governance (ESG) strategies and reports, ensuring alignment with strategic growth[152]. - The ESG working group collects and analyzes data, monitors performance, and ensures compliance with relevant laws and regulations[153]. - The report includes key performance indicators (KPIs) relevant to the group's operations and sustainability efforts[161]. - The company aims to integrate ESG considerations into decision-making processes[151]. - The company actively promotes environmental awareness among employees and encourages the use of eco-friendly products[176]. Emissions and Resource Management - In the fiscal year 2023, the total greenhouse gas emissions intensity decreased by approximately 7.50%, from about 0.80 tons of CO2 equivalent per employee in fiscal year 2022 to approximately 0.74 tons in fiscal year 2023[181]. - The company has set a target to reduce total greenhouse gas emissions intensity by March 31, 2027, using fiscal year 2022 as the baseline year[181]. - Total greenhouse gas emissions increased from 66.73 tons CO2 equivalent in FY2022 to 82.96 tons CO2 equivalent in FY2023, representing a 24.3% increase[182]. - The company has implemented measures to control emissions, including route planning to avoid duplication and encouraging public transport usage[179]. - The company aims to reduce total water consumption to 475 cubic meters or below by the end of FY2024[192]. - The total amount of non-hazardous waste disposed of increased from 5,544.62 kg in FY2022 to 7,053.73 kg in FY2023[187].

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」）對本公佈之內容概不負責，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佈全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 Sunray Engineering Group Limited 新 威 工 程 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：8616） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 年 度 業 績 公 佈 聯交所GEM的特色 GEM乃為中小型公司提供一個上市的市場，該等公司較於聯交所上市的其他公司 帶有更高投資風險。有意投資者應了解投資於該等公司的潛在風險，並僅應經過審 慎周詳的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。 ...

Financial Performance - For the nine months ended December 31, 2022, the group's revenue was approximately HKD 168.6 million, an increase of about 15.4% compared to HKD 146.1 million for the same period in 2021[7] - Gross profit for the nine months ended December 31, 2022, was approximately HKD 41.4 million, a decrease of about 11.9% from HKD 47.0 million for the same period in 2021[7] - Net profit decreased from approximately HKD 9.5 million for the nine months ended December 31, 2021, to approximately HKD 3.0 million for the same period in 2022[7] - Basic and diluted earnings per share for the nine months ended December 31, 2022, were approximately HKD 0.30, down from HKD 0.95 for the same period in 2021[7] - Total comprehensive income for the nine months ended December 31, 2022, was HKD 3.0 million, compared to HKD 9.5 million for the same period in 2021[8] - The group reported a pre-tax profit of HKD 5.6 million for the nine months ended December 31, 2022, down from HKD 13.1 million for the same period in 2021[8] Revenue Breakdown - Revenue from residential buildings for the nine months ended December 31, 2022, was HKD 25,718,000, up 33.9% from HKD 19,239,000 in the previous year[17] - Revenue from community facilities for the nine months ended December 31, 2022, was HKD 57,998,000, representing a 61.6% increase from HKD 35,915,000 in 2021[17] - Revenue from construction protection services rose to HKD 123.8 million in the nine months ended December 31, 2022, up from HKD 86.1 million in the same period of 2021, indicating a significant increase due to more public and private projects[33] - Revenue from construction protection products decreased from approximately HKD 60.0 million in the nine months ended December 31, 2021, to approximately HKD 44.8 million in the same period of 2022, primarily due to reduced demand from Hong Kong customers[34] Expenses and Costs - The group incurred administrative expenses of HKD 30.6 million for the nine months ended December 31, 2022, compared to HKD 27.4 million for the same period in 2021[8] - Financial costs increased to HKD 560,000 for the nine months ended December 31, 2022, from HKD 252,000 for the same period in 2021[8] - Total employee costs for the nine months ended December 31, 2022, were HKD 33,549,000, an increase of 7.5% from HKD 31,225,000 in 2021[23] - The company's sales and service costs increased from approximately HKD 99.2 million to approximately HKD 127.2 million, reflecting a rise of about 28.2% due to higher material and direct labor costs[35] - The company's depreciation expense for property and equipment for the nine months ended December 31, 2022, was HKD 2,830,000, an increase from HKD 1,818,000 in the previous year[23] Dividends and Shareholder Information - The board of directors did not recommend any dividend payment for the nine months ended December 31, 2022, consistent with the previous year[7] - The company did not recommend any dividend payment for the nine months ended December 31, 2022, consistent with the previous period[44] - As of December 31, 2022, Ultra Success holds 750,000,000 shares, representing 75% of the company's equity[61] - Mr. Lin is the sole beneficial owner of Ultra Success, which is a company registered in the British Virgin Islands[61] - There were no unexercised share options as of December 31, 2022, and no share options have been granted or exercised since the listing date[62] Government Support and Subsidies - The company received government subsidies totaling HKD 1,194,000 during the nine months ended December 31, 2022, related to the COVID-19 "Employment Support" scheme[19] - Other income rose from approximately HKD 851,000 to approximately HKD 1.4 million, mainly due to subsidies received from the Hong Kong government's "Employment Support Scheme" launched in April 2022[37] Operational Challenges and Future Outlook - The impact of the COVID-19 pandemic has delayed some construction projects, affecting the company's operational and financial performance[49] - The company remains confident in its future prospects and aims to strengthen its market position by securing more construction protection projects in Hong Kong[50] Compliance and Governance - The company has complied with the corporate governance code, except for the separation of roles between the Chairman and CEO, which Mr. Lin holds concurrently[65] - The audit committee reviewed the financial reporting process and confirmed that the unaudited condensed consolidated financial statements for the nine months ending December 31, 2022, were prepared in accordance with applicable accounting standards[68]

Financial Performance - For the six months ended September 30, 2022, the group's revenue was approximately HKD 104.7 million, an increase of about 16.1% compared to HKD 90.2 million for the same period in 2021[7] - Gross profit for the same period was approximately HKD 26.0 million, a decrease of about 13.3% from HKD 30.0 million in the previous year[7] - Net profit decreased from approximately HKD 7.6 million for the six months ended September 30, 2021, to approximately HKD 2.3 million for the same period in 2022[7] - Basic and diluted earnings per share for the six months ended September 30, 2022, were HKD 0.23, down from HKD 0.76 for the same period in 2021[7] - Total comprehensive income for the six months ended September 30, 2022, was HKD 2.33 million, down from HKD 7.60 million in the previous year[8] - The pre-tax profit for the six months ended September 30, 2022, was HKD 4.33 million, compared to HKD 9.41 million for the same period in 2021[8] - The company reported a profit before tax of HKD 4,331,000 for the six months ended September 30, 2022, down from HKD 9,406,000 in the same period of 2021[31] - Profit and total comprehensive income decreased from approximately HKD 7.6 million to approximately HKD 2.3 million[72] Revenue Breakdown - Revenue from construction protection engineering for the six months ended September 30, 2022, was HKD 74,438,000, up 37.0% from HKD 54,330,000 in the previous year[26] - Revenue from the supply of construction protection products decreased by 15.7% to HKD 30,225,000 for the six months ended September 30, 2022, compared to HKD 35,838,000 in 2021[26] - Revenue from Hong Kong for the six months ended September 30, 2022, was HKD 99,878,000, an increase of 23.5% from HKD 80,853,000 in 2021[33] - Revenue from Macau decreased significantly to HKD 4,785,000 for the six months ended September 30, 2022, down from HKD 9,315,000 in the previous year[33] - Revenue from construction protection services accounted for 71.1% of total revenue in the six months ended September 30, 2022, amounting to HKD 74.4 million, compared to 60.3% and HKD 54.3 million in the same period of 2021[60] Assets and Liabilities - As of September 30, 2022, total assets amounted to HKD 267,052 thousand, an increase from HKD 258,220 thousand as of March 31, 2022, reflecting a growth of approximately 3.2%[10] - The company's net current assets stood at HKD 130,307 thousand, slightly down from HKD 132,000 thousand as of March 31, 2022, indicating a decrease of about 1.3%[10] - Total equity increased to HKD 184,376 thousand as of September 30, 2022, from HKD 182,051 thousand as of March 31, 2022, marking a growth of approximately 1.3%[12] - The company’s total liabilities increased to HKD 32.6 million as of September 30, 2022, compared to HKD 27.5 million as of March 31, 2022[53] Cash Flow and Financing - The operating cash flow for the six months ended September 30, 2022, was HKD 1,808 thousand, a decline of 52.9% compared to HKD 3,833 thousand for the same period in 2021[14] - The company incurred financing cash outflows of HKD 3,214 thousand for the six months ended September 30, 2022, compared to inflows of HKD 19,808 thousand in the same period of the previous year[17] - Cash and cash equivalents decreased to HKD 41,337 thousand as of September 30, 2022, from HKD 46,978 thousand as of March 31, 2022, a decline of approximately 12.1%[10] - Interest expenses on bank loans increased to HKD 151,000 for the three months ended September 30, 2022, from HKD 79,000 in the same period of 2021[36] Employee Costs - Total employee costs for the six months ended September 30, 2022, amounted to HKD 21,059,000, an increase from HKD 18,498,000 in the same period of 2021[37] - As of September 30, 2022, the total employee cost (excluding directors' remuneration) was approximately HKD 15.0 million, compared to HKD 13.7 million for the same period in 2021, reflecting an increase of about 9.5%[88] Operational Challenges - The impact of the COVID-19 pandemic has caused delays in some construction protection projects, with ongoing effects expected until the situation is under control[97] - The company has implemented effective measures to protect employee health, including regular disinfection, mandatory mask-wearing, and temperature checks[98] - The impact of the COVID-19 pandemic remains a significant risk factor for the group’s business operations and financial performance[104] Corporate Governance - The company emphasizes the importance of good corporate governance practices, adhering to GEM listing rules[114] - The chairman and CEO roles are held by Mr. Lin, which the board believes is in the best interest of the group despite deviating from corporate governance guidelines[115] - The audit committee was established on March 18, 2020, and has reviewed the financial reporting process and internal controls, ensuring compliance with applicable accounting standards[118] Future Outlook - The company is focused on expanding its workforce and securing more construction protection projects in Hong Kong to strengthen its market position[98] - The group continues to face risks including reliance on subcontractors and third-party suppliers, which could adversely affect financial performance[104]

香港聯合交易所有限公司（「聯交所」）GEM特色 GEM的定位，乃為較於聯交所上市的其他公司帶有較高投資風險的中小型公司提供一個上市的市場。有意投資 者應瞭解投資於該等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，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，同時亦無法保證於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報告之內容概不負責，對其準確性或完整性亦不發表任何聲明，並明 確表示概不就因本報告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 本報告載有遵照聯交所GEM證券上市規則（「GEM上市規則」）規定提供的詳情，旨在提供有關新威工程集團有 限公司（「本公司」）的資料；而本公司董事（統稱「董事」，及各為一名「董事」）願就本報告共同及個別承擔全部責 任。董事經作出一切合理查詢後確認，就彼等所深知及確信，本報告所載資料在各重大方面均屬準確及完整， 並無誤導或欺詐成份，並無遺漏其他事項致使本報告內任何陳述或本報告產生誤導。 目錄 | 公司資料 | 2 | | --- | --- | | ...

Financial Performance - Total revenue for the fiscal year 2022 was approximately HKD 199.9 million, an increase of about HKD 21.0 million or 11.7% compared to HKD 178.9 million in the previous fiscal year[11]. - The profit and total comprehensive income for the fiscal year 2022 was approximately HKD 10.9 million, a decrease of about HKD 1.5 million or 12.1% from HKD 12.4 million in the previous fiscal year[11]. - Revenue from construction protection services rose from approximately HKD 110.2 million in 2021 to approximately HKD 117.6 million in 2022, an increase of about HKD 7.4 million or 6.7%[17]. - Revenue from the supply of construction protection products increased from approximately HKD 68.8 million in 2021 to approximately HKD 82.2 million in 2022, an increase of about HKD 13.4 million or 19.5%[19]. - Gross profit increased from approximately HKD 58.9 million in 2021 to approximately HKD 62.3 million in 2022, an increase of about HKD 3.4 million or 5.8%[21]. - The company's total assets as of March 31, 2022, were approximately HKD 258.2 million, up from HKD 221.0 million as of March 31, 2021, an increase of about HKD 37.2 million or 16.8%[33]. - The company's equity attributable to equity holders increased from approximately HKD 171.2 million in 2021 to approximately HKD 182.1 million in 2022, an increase of about HKD 10.9 million[33]. - The company's interest-bearing borrowings increased from approximately HKD 4.2 million in 2021 to approximately HKD 28.6 million in 2022[33]. - The company's total comprehensive income decreased from approximately HKD 12.4 million in 2021 to approximately HKD 10.9 million in 2022[30]. Operational Highlights - The group undertook 309 projects with a total contract value of approximately HKD 789.3 million, of which 28 projects were completed with a contract value of approximately HKD 15.7 million[14]. - As of March 31, 2022, there were 281 ongoing contracts with a total contract value of approximately HKD 773.6 million[14]. - The company plans to actively explore and seek more high-quality construction protection products to create reliable solutions for customers[11]. - The company has expanded its workforce by hiring a quantity surveyor manager, a quantity surveyor, two project managers, three foremen, and a project clerk to support the growing number of construction protection projects[60]. - The company has secured several large-scale planned projects and has fully utilized the relevant proceeds for the procurement of construction protection materials[60]. - The company has engaged a testing center to conduct experimental testing for its new waterproof products[60]. Environmental and Sustainability Initiatives - The group emphasizes its commitment to reducing operational environmental impact and promoting sustainability through the use of eco-friendly products and recycling initiatives[12]. - The company actively promotes environmental protection by advocating the importance of environmental responsibility among employees and encouraging recycling and reuse of materials[170]. - The company has established a management system to strictly control the use of company vehicles to minimize greenhouse gas emissions[176]. - The company has developed environmental goals related to greenhouse gas emissions, waste management, and energy consumption, which have been approved by the board[169]. - The company has not identified any significant non-compliance with environmental laws and regulations during the fiscal year 2022[170]. - The company aims to reduce total greenhouse gas emissions intensity by March 31, 2027, using the fiscal year 2022 as the baseline[176]. Corporate Governance - The company has adopted the GEM Listing Rules Appendix 15 Corporate Governance Code as the basis for its corporate governance practices[85]. - The board consists of five members, including two executive directors and three independent non-executive directors, ensuring compliance with GEM Listing Rules[87]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, to enhance governance efficiency[96]. - The independent non-executive directors represent over one-third of the board, fulfilling the independence requirements of GEM Listing Rules[93]. - The company has committed to high standards of corporate governance to protect shareholder interests and enhance corporate value[85]. - The board held five meetings during the fiscal year ending March 31, 2022, with a 100% attendance rate from all directors[117]. Risk Management - The risk management process includes identifying, assessing, responding to, monitoring, and reporting risks, covering strategic, credit, operational, market, liquidity, legal, and regulatory risks[126]. - The board is responsible for the effectiveness of the group's risk management and internal control systems, which are reviewed annually[125]. - The company has incorporated transition risks into its risk management framework for regular review[200]. - The company has developed emergency plans to mitigate the negative impacts of extreme weather events on its operations[199]. Shareholder Relations - The company emphasizes effective communication with shareholders to strengthen investor relations and understanding of business performance[139]. - The company’s website serves as a platform for communication with shareholders and potential investors, providing updates on business developments and financial information[139]. - Shareholders have the right to convene special general meetings if they hold at least 10% of the voting rights[134]. Employee and Management Information - Total employee costs (excluding directors' remuneration) for the year ended March 31, 2022, were approximately HKD 30.1 million, compared to HKD 29.0 million for the year ended March 31, 2021[54]. - The finance director has over 10 years of experience in accounting, auditing, and corporate finance, having worked on acquisitions and mergers[77]. - The general manager has over 23 years of experience in the building materials trade, overseeing overall business strategy and sales[79]. - The project manager has over 20 years of experience in the building materials industry, managing site activities and construction project progress[80]. ESG Reporting - The environmental, social, and governance (ESG) report outlines the company's commitment to sustainable development and compliance with relevant regulations[145]. - The ESG report was prepared in accordance with the Hong Kong Stock Exchange's GEM listing rules, ensuring effective management policies and internal controls[151]. - The report highlights the importance of stakeholder engagement and materiality assessment in identifying significant issues for the company[154]. - The ESG report was confirmed and approved by the board in June 2022, reflecting the company's commitment to transparency and accountability[157].

股份代號：8616 (於開曼群島註冊成立的有限公司) 2021 THIRD QUARTERLY REPORT 2021 第三季度 報告 香港聯合交易所有限公司（「聯交所」）GEM特色 GEM的定位，乃為較於聯交所上市的其他公司帶有較高投資風險的中小型公司提供一個上市的市場。有意 投資者應瞭解投資於該等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司的一般為中小型公司，在GEM買賣的證券可能會承受較於主板買賣的證券為高的市場波 動風險，同時亦無法保證於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報告之內容概不負責，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報告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 本報告載有遵照聯交所GEM證券上市規則（「GEM上市規則」）規定提供的詳情，旨在提供有關新威工程集團 有限公司（「本公司」）的資料；而本公司董事（統稱「董事」，及各為一名「董事」）願就本報告共同及個別承擔 全部責任。董事經作出一切合理查詢後確認，就彼等所深知及確信，本報告所載資料在各重大方面均屬準 確及完整，並無誤 ...

Financial Performance - For the six months ended September 30, 2021, the group's revenue was approximately HKD 90.2 million, an increase of about 32.6% compared to HKD 68.0 million for the same period in 2020[9]. - Gross profit for the same period was approximately HKD 30.0 million, up about 11.9% from HKD 26.8 million in the previous year[9]. - Net profit increased from approximately HKD 3.8 million for the six months ended September 30, 2020, to approximately HKD 7.6 million for the same period in 2021[9]. - Basic and diluted earnings per share for the six months ended September 30, 2021, were HKD 0.76, compared to HKD 0.39 for the same period in 2020[9]. - The group reported a pre-tax profit of approximately HKD 9.4 million for the six months ended September 30, 2021, compared to HKD 5.8 million for the same period in 2020[10]. - Total comprehensive income for the period was approximately HKD 7.6 million, compared to HKD 3.8 million in the previous year[10]. - The company recorded a total comprehensive income of HKD 7,604,000 for the six months ended September 30, 2021, compared to HKD 3,758,000 for the same period in 2020, marking an increase of 102.3%[14]. - For the six months ended September 30, 2021, the company reported a profit attributable to owners of HKD 7,604,000, compared to HKD 3,758,000 for the same period in 2020, representing a 102.4% increase[41]. Revenue Breakdown - Total revenue for the six months ended September 30, 2021, was HKD 90,168,000, representing a 32.5% increase from HKD 67,962,000 in the same period of 2020[27]. - Revenue from construction protection engineering for the six months ended September 30, 2021, was HKD 54,330,000, up 30.7% from HKD 41,545,000 in the prior year[27]. - Revenue from the supply of construction protection products for the six months ended September 30, 2021, was HKD 35,838,000, an increase of 35.8% compared to HKD 26,417,000 in the same period of 2020[27]. - Revenue from Hong Kong for the six months ended September 30, 2021, was HKD 80,853,000, a 30.4% increase from HKD 61,994,000 in the same period of 2020[34]. - Revenue from Macau for the six months ended September 30, 2021, was HKD 9,315,000, up 55.5% from HKD 5,968,000 in the same period of 2020[34]. Expenses and Costs - The group’s administrative expenses decreased from HKD 18.3 million in the previous year to HKD 16.1 million for the current period[10]. - The total employee costs for the six months ended September 30, 2021, were HKD 18,498,000, up from HKD 16,079,000 in 2020, reflecting a 15.0% increase[38]. - The depreciation of property and equipment for the six months ended September 30, 2021, was HKD 1,106,000, compared to HKD 738,000 in 2020, marking a 49.9% increase[38]. - The income tax expense for the six months ended September 30, 2021, was HKD 1,802,000, down from HKD 2,026,000 in 2020, reflecting an 11.1% decrease[39]. Assets and Liabilities - As of September 30, 2021, the total assets amounted to HKD 193,040,000, a decrease from HKD 212,362,000 as of March 31, 2021, representing a decline of approximately 9.1%[12]. - The net current assets were reported at HKD 128,811,000, down from HKD 165,237,000, indicating a decrease of about 22.0%[12]. - The company reported a total equity of HKD 178,802,000 as of September 30, 2021, up from HKD 171,198,000, reflecting an increase of approximately 4.4%[12]. - The company’s bank borrowings increased to HKD 21,269,000 as of September 30, 2021, compared to zero as of March 31, 2021[12]. - Trade receivables decreased to HKD 15,461,000 as of September 30, 2021, from HKD 25,466,000 as of March 31, 2021, indicating a 39.3% decline[46]. - Trade payables decreased to HKD 11,007,000 as of September 30, 2021, from HKD 19,479,000 as of March 31, 2021, representing a 43% decline[53]. Dividends and Share Capital - The board of directors did not recommend any dividend payment for the six months ended September 30, 2021, consistent with the previous year[9]. - The company did not declare any dividends for the six months ended September 30, 2021, consistent with the previous year[43]. - The company’s issued share capital remained at 1,560,000,000 shares as of September 30, 2021, unchanged from March 31, 2021[57]. Operational Insights - The company plans to continue expanding its market presence and investing in new technologies to enhance its service offerings[20]. - The company recognized rental income of HKD 300,000 for the six months ended September 30, 2021, compared to no rental income in the same period of 2020[35]. - The company’s construction protection projects typically take between one to four years to complete, indicating a long-term revenue generation model[28]. - The impact of the COVID-19 pandemic has caused delays in construction projects, which may continue until the situation is controlled, affecting the group's operational and financial performance[100]. - The group is closely monitoring the financial impact of the COVID-19 pandemic, with ongoing construction protection projects progressing steadily[101]. Risk Management and Compliance - The group faces risks including reliance on non-recurring revenue sources and potential underestimation of project costs, which could adversely affect financial performance[104]. - The group has not faced any prosecutions, fines, or penalties for environmental law violations as of the report date[103]. - The group relies on subcontractors and independent third-party suppliers for its construction protection projects, which poses risks if costs increase or quality standards are not met[108]. - The group is committed to enhancing environmental protection and minimizing waste and emissions in its operations[102]. - The group has sufficient environmental protection measures in place to comply with all applicable laws and regulations in Hong Kong[102]. Corporate Governance - The company has complied with the corporate governance code, except for the deviation from rule A.2.1 regarding the roles of the chairman and CEO[120]. - The audit committee was established on March 18, 2020, and has reviewed the financial reporting process and internal controls for the six months ending September 30, 2021[124].