Financial Performance - Revenue for the six months ended September 30, 2025, was HK$3,932,268, a decrease of 2.5% from HK$4,032,804 in the same period of 2024[9]. - Gross profit increased to HK$374,050, representing a 7.5% increase from HK$348,056 in the previous year[9]. - Operating profit surged to HK$408,591, compared to HK$122,827 in the prior year, marking a significant increase of 232.5%[9]. - Profit for the period reached HK$249,940, a substantial increase from HK$77,003, reflecting a growth of 224.5%[9]. - Earnings per share rose to HK$0.77, up from HK$0.27, indicating a growth of 185.2%[9]. - Total comprehensive income for the period was HK$365,367, compared to HK$190,726 in the previous year, an increase of 91.5%[12]. - The profit for the period ended September 30, 2025, is HK$230,652,000, compared to HK$80,318,000 for the same period last year, representing a significant increase[18]. - Total profit for the period reached HK$249,940,000, compared to HK$77,003,000 in 2024, marking a significant increase of 225%[47]. Assets and Liabilities - Non-current assets increased to HK$12,217,188,000 as of September 30, 2025, compared to HK$12,289,758,000 on March 31, 2025, reflecting a decrease of 0.59%[14]. - Current assets decreased to HK$7,446,219,000 from HK$7,733,328,000, representing a decline of 3.72%[15]. - Total equity rose to HK$9,981,869,000 as of September 30, 2025, up from HK$9,668,778,000, marking an increase of 3.23%[15]. - Current liabilities decreased to HK$5,305,571,000 from HK$5,565,617,000, a reduction of 4.67%[15]. - Non-current liabilities decreased to HK$4,375,967,000 from HK$4,915,130,000, indicating a decline of 11.00%[15]. - Total liabilities as of September 30, 2025, were HK$9,681,538,000, down from HK$10,480,747,000, indicating a reduction of about 7.6%[55]. Cash Flow - For the six months ended September 30, 2025, cash generated from operating activities was HK$637,545,000, compared to a cash used in operating activities of HK$259,722,000 in the same period of 2024[20]. - Net cash from investing activities for the same period was HK$428,922,000, a significant increase from a net cash used of HK$123,350,000 in the prior year[21]. - The company reported a net cash used in financing activities of HK$673,821,000, contrasting with a net cash from financing activities of HK$123,657,000 in the prior year[21]. - The total cash generated from operations was HK$483,080,000, a recovery from a cash used of HK$432,781,000 in the same period last year[20]. Segment Performance - Total revenue for the six months ended September 30, 2025, was HK$4,816,073,000, a decrease from HK$5,055,038,000 in the same period of 2024[57]. - Revenue from contracts with customers recognized at a point in time amounted to HK$916,001,000, while revenue recognized over time was HK$2,620,817,000[38]. - Segment profit before finance costs was HK$449,207,000, with the highest contribution from the construction and engineering segment at HK$94,039,000[40]. - The Property Investment segment recorded a 14% revenue increase from HK$97 million to HK$111 million, with segment profit before net finance costs growing by 35% from HK$63 million to HK$85 million[153]. - The Healthcare Investment segment's revenue increased by 1% year-on-year, from HK$494 million to HK$497 million, with segment results improving from a loss of HK$43 million to a profit of HK$59 million[171]. Investments and Financing - The company reported a finance cost of HK$80,493,000, reduced from HK$104,593,000 in the previous year, showing a decrease of approximately 23%[47]. - The company recognized an impairment loss on goodwill of HK$1,469,000, reflecting adjustments in asset valuations[40]. - The Group's financial risk management policies have remained unchanged since the last financial year end date of March 31, 2025[121]. - The Group's total debt as of September 30, 2025, was HK$3,963 million, with HK$458 million attributable to the senior housing business, which is non-recourse to the Company[197]. Market and Operational Insights - The Group plans to enhance productivity, sustainability, and innovation in its construction and engineering businesses, focusing on faster delivery and cost efficiency through technologies like Full MiC and BIM[190]. - The Group aims to support government housing initiatives by leveraging its expertise in prefabrication and project management to drive sustainable growth[190]. - The Group is committed to operational efficiency and cash flow discipline while investing selectively in core businesses to drive future growth[191]. - The Group anticipates that lower interest rates will gradually support investment and consumer confidence, despite ongoing uncertainties in the global economic environment[189].
CHEVALIER INT'L(00025) - 2026 - 中期财报