泛亚环保二零二三年中期报告

（於開曼群島註冊成立之有限公司）股份代號 stock code：00556 Contents 2 4 Management Discussion and Analysis 9 15 Condensed Consolidated Statementof Profit or Loss and Other Comprehensive Income 16 Condensed Consolidated Statementof Financial Position 17 Corporate Information DIRECTORS Executive Directors Mr. Jiang Xin(Chairman)Mr. Guo Jiannan(Chief Executive Officer) Mr. Leung Shu Sun, SunnyMr. Hu JianjunMr. Chen Xuezheng COMPANY SECRETARY Mr. Wan San Fai, Vincent AUTHORISED REPRESENTATIVES Mr. Jiang XinMr. Wan San Fai, Vincent PRINCIPAL BANKERS China Construction Bank CorporationChina CITIC Bank International LimitedHang Seng Bank Limited INDEPENDENT AUDITOR Ascenda Cachet CPA Limited10/F, Tien Chu Commercial Building173 Gloucester RoadWanchaiHong Kong 17310 LEGAL ADVISERS 140 Chiu & Partners40th FloorJardine House1 Connaught PlaceHong Kong PUBLIC RELATIONS 18124 Strategic Financial Relations Limited24/F, Admiralty Centre I18 Harcourt RoadHong Kong REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMAN ISLANDS Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFEROFFICE IN HONG KONG Tricor Investor Services Limited17/F, Far East Finance Centre,16 Harcourt Road,Hong Kong 1617 PRINCIPAL PLACE OF BUSINESS IN THE PRC Baihe Industrial ParkXinjie StreetYixing CityJiangsu ProvinceThe PRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG Unit 1506, 15/F, Lippo Sun PlazaNo. 28 Canton RoadTsim Sha Tsui, KowloonHong Kong 28151506 WEBSITE www.paep.com.cn www.paep.com.cn STOCK CODE 556 556 Management Discussion and Analysis Industry Review 5.5% Withthe lifting of pandemic containment measures and theimplementation of a series of policies which expand domesticdemandand promote consumption,China saw signs ofarevitalized economic landscape in the first half of 2023.Accordingto the National Bureau of Statistics of China,thecountry’s gross domestic product at constant price for the firsthalfof the year increased by 5.5%compared with the sameperiod in 2022. 2023is a significant milestone year as it fully embracestheprinciples outlined in the 20th National Congress of theCommunist Party of China. It will also be a pivotal year for thesuccessful implementation of the comprehensive “14th Five-YearPlan.”As the Chinese government focuses on achievinghigh-quality environmental governance and creating a beautifulChina, the need to address pollution abatement has spannedthe entire chain of pollution control, resource utilisation, energyconservation, and carbon reduction, thereby opening up growthopportunities for the EP industry. In addition, many of the EPprojects that had been delayed during the pandemic were ableto commence during the six months ended 30 June 2023 (the“reporting period”). Financial Review Inthe first half of 2023,Pan Asia Environmental ProtectionGroup Limited (the “Company” or “Pan Asia”) and its subsidiaries(collectively referred to as the “Group”) posted a total revenue ofRMB108.9 million (six months ended 30 June 2022: RMB60.0million),up by 81.5%year-on-year,attributed to the Group’seffortsin security projects,as well as continuous growth indemandfor eco-friendly and low-carbon solutions continuedto grow. The gross profit increased significantly by 116.9% toRMB16.2million(six months ended 30 June 2022:RMB7.5million),with the gross profit margin improving to 14.9%(sixmonths ended 30 June 2022: 12.5%) on the back of improvedefficiencyachieved from an enhanced project portfoliomanagement. 1 . 0 8 96,00081.5%116.9%1,6207 5 01 4 . 9 %12.5% Profitattributable to owners of the Company amounted toRMB2.1 million for the six months ended 30 June 2023, turningaround from a net loss of RMB2.1 million for the six monthsended 30 June 2022. The basic and diluted earnings per sharewas RMB0.25 cents. 2102100.25 Interim Dividend The Board did not recommend payment of an interim dividend forthe six months ended 30 June 2023 (six months ended 30 June2022: Nil) as the capital will be reserved for the development ofthe Group’s business operations. Business Review 100%100% T h eG r o u p i s p r i n c i p a l l y e n g a g e d i n t h e d e v e l o p m e n t ,manufacture and sale of EP products and equipment, and theprovision of EP construction engineering solutions and services.Duringthe reporting period,the EP products and equipmentsegment accounted for 100% of the Group’s total revenue (sixmonthsended 30 June 2022:100%).The Group completed3water treatment-related projects and 3 flus gas treatmentprojects. No revenue was generated from the segment of EPconstructionengineering design services during the reportingperiod