丰展控股(01826) - 2025 - 年度业绩

Announcement Overview This section outlines the purpose and scope of the announcement, detailing the specific financial reports being clarified Purpose and Scope of Announcement This announcement clarifies specific financial data previously released by Fengzhan Holdings Limited in its 2025 interim results announcement, 2024 interim report, and 2024 annual report - This clarification announcement rectifies specific information in the company's previously issued 2025 interim results announcement, 2024 interim report, and 2024 annual report[2] - The clarified reports include the 2025 interim results announcement (August 28, 2025), the 2024 interim report (August 27, 2024), and the 2024 annual report (March 28, 2025)[2] Financial Report Clarifications This section details the restatement of specific financial figures in the company's interim and annual cash flow statements Clarifications Related to 2025 Interim Results Announcement and 2024 Interim Report The company restated specific amounts for "advances to joint ventures" and "repayments from joint ventures" under financing activities in the condensed consolidated cash flow statement for the six months ended June 30, 2024 Restated Condensed Consolidated Cash Flow Statement for the Six Months Ended June 30, 2024 | Metric | Six Months Ended June 30, 2024 (HKD thousands) | | :--- | :--- | | Advances to joint ventures | 36,135 | | Repayments from joint ventures | (11,456) | Clarifications Related to 2024 Annual Report The company restated specific amounts for "advances to joint ventures" and "repayments from joint ventures" under financing activities in the consolidated cash flow statement for the year ended December 31, 2024 Restated Consolidated Cash Flow Statement for the Year Ended December 31, 2024 | Metric | Year Ended December 31, 2024 (HKD thousands) | | :--- | :--- | | Advances to joint ventures | 103,257 | | Repayments from joint ventures | (93,439) | Impact of Clarifications and Board Information This section addresses the overall impact of the financial clarifications and provides information regarding the company's Board of Directors Overall Impact of Clarifications The clarifications involve only specific reclassifications and do not affect the total net cash from financing activities for the relevant periods, with all other information remaining unchanged - All other information contained in the 2025 interim results announcement, 2024 interim report, and 2024 annual report remains unchanged, except for the aforementioned clarifications[5] - The clarifications do not impact the total net cash generated from financing activities for the six months ended June 30, 2024, or the year ended December 31, 2024[5] Board of Directors Information The announcement concludes by listing the names and positions of the Chairman and Chief Executive Officer and other board members - The Chairman and Chief Executive Officer of the Board is Mr Wu Kin Siu[6] - Board members include Executive Director Mr Wu Kin Siu, and Independent Non-executive Directors Mr Siu Wai Lam, Ms Ng Chung Chi, and Mr Wong Chun Wah[6]