怡俊集团控股2023年度报告

Easy Smart Group Holdings Limited (incorporated in the Cayman Islands with limited liability) Contents 2Corporate Information4Chairman’s Statement6Management Discussion and Analysis16Corporate Governance Report33Biographical Detail of Directors andSenior Management41Report of Directors70Independent Auditor’s Report77Consolidated Statement of Profit orLoss and Other ComprehensiveIncome78808183159 Consolidated Statement of FinancialPositionConsolidated Statement of Changesin EquityConsolidated Statement of CashFlowsNotes to the Consolidated FinancialStatementsFinancial Summary Corporate Information DIRECTORSExecutive DirectorsMr. Ng Wing Woon Dave (Chairman and Chief Executive Officer)Mr. Ng Wing Shing Independent Non-Executive DirectorsProfessor Pong Kam KeungMs. Cheng Shing YanMr. Lo Chi Wang AUDIT COMMITTEE Mr. Lo Chi Wang (Chairperson)Professor Pong Kam KeungMs. Cheng Shing Yan NOMINATION COMMITTEE Mr. Ng Wing Woon Dave (Chairperson)Professor Pong Kam KeungMs. Cheng Shing Yan REMUNERATION COMMITTEE Professor Pong Kam Keung (Chairperson)Mr. Ng Wing Woon DaveMr. Lo Chi Wang COMPANY SECRETARYMr. Leung Hoi Ki AUTHORISED REPRESENTATIVESMr. Ng Wing Woon DaveMr. Leung Hoi Ki • INDEPENDENT AUDITORS Deloitte Touche TohmatsuCertified Public AccountantsRegistered Public Interest Entity Auditors REGISTERED OFFICE IN THE CAYMAN ISLANDS71 Fort Street, PO Box 500, 71 Fort Street, PO Box 500,George Town, Grand Cayman,KY1-1106, Cayman Islands George Town, Grand Cayman,KY1-1106, Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 135-13710A Unit A, 10/F, Ming Tak Centre,135-137 Tung Chau Street,Kowloon, Hong Kong EASY SMART GROUP HOLDINGS LIMITEDANNUAL REPORT 2023 Corporate Information PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN THE CAYMAN ISLANDSAppleby Global Services (Cayman) Limited Appleby Global Services (Cayman) Limited71 Fort Street, PO Box 500,George Town, Grand Cayman,KY1-1106, Cayman Islands 71 Fort Street, PO Box 500,George Town, Grand Cayman,KY1-1106, Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFEROFFICE IN HONG KONG 148212103B Boardroom Share Registrars (HK) Limited2103B, 21/F,148 Electric Road,North Point, Hong Kong PRINCIPAL BANKERS Bank of China (Hong Kong) LimitedStandard Chartered Bank (Hong Kong) LimitedBank of Communications (Hong Kong) Limited COMPANY WEBSITEwww.easysmart.com.hk www.easysmart.com.hk 02442 STOCK CODE02442 Chairman’s Statement Dear Shareholders, On behalf of the board (the “Board”) of directors (the “Directors”)of Easy Smart Group Holdings Limited (the “Company”) and itssubsidiaries (collectively, the “Group”), I am pleased to present thefirst annual report of the Group for the year ended 30 June 2023. 1.28102,000,0000.0189.1 The Company was successfully listed (the “Listing”) on the MainBoard of The Stock Exchange of Hong Kong Limited (the “StockExchange”) on 9 May 2023 (the “Listing Date”). The Listing markeda new milestone for the Company and its future development whichinvolved the share offer of 102 million shares of HK$0.01 each at anoffer price of HK$1.28 per share to the public and successfully raiseda total net cash proceeds of approximately HK$89.1 million (afterdeducting the underwriting commissions and expenses payable bythe Company in connection with the Share Offer). We believe thatthe Listing has not only enhanced the Group’s corporate profile, butalso reinforced the Group’s image as a well-established company aswell as broadening the Group’s client base and providing sufficientcapital for the Group’s expansion. 336.539.9%55.643.8(i)(ii)(iii)(iv) During the year ended 30 June 2023, the Group is a subcontractorspecialising in passive fire protection works in Hong Kong. For theyear ended 30 June 2023, the Group’s total revenue amountedto approximately HK$336.5 million, representing an increase ofapproximately 39.9% as compared to that of the year ended 30June 2022. Profit attributable to owners of the Company beforetaking into account the expenses for the Listing was approximatelyHK$55.6 million. After taking into account the aforesaid expensesfor the Listing, profit attributable to owners of the Companywasapproximately HK$43.8 million.With the project natureof non-recurrent and obtained through tender, and there is noguarantee that the customers will award new business to theGroup or that the Group’s tender success rates can be maintainedin the future, as well as the labour shortage and the increasingoperation costs in Hong Kong, the Group is facing with challengesahead. Nevertheless, we remain optimistic towards the future aswe believe that we shall remain competitive in the market despitethe industry’s prospect due to (i) the Group’s long establishedexperience; (ii) strong relationship with major customers, suppliersand subcontractors; (iii) the Group’s familiarity with specificationsand usage of a wide range of passive fire protection materials; and (iv)the Group’s experienced and stable management