应力控股中期报告 2023/24

()Stock code2663(incorporated in the Cayman Islands with limited liability) CONTENTS目 錄 Unaudited Condensed Consolidated InterimFinancial Information未經審核簡明綜合中期財務資料Condensed Consolidated Statement ofComprehensive Income簡明綜合全面收益表Condensed Consolidated Statement ofFinancial Position簡明綜合財務狀況表Condensed Consolidated Statement ofChanges in Equity簡明綜合權益變動表Condensed Consolidated Statement ofCash Flows簡明綜合現金流量表Notes to the Condensed ConsolidatedFinancial Statements簡明綜合財務報表附註1314151617 Corporate Information公司資料2 Management Discussion and Analysis管理層討論及分析4 CORPORATE INFORMATION公 司 資 料 BOARD OF DIRECTORS (THE “BOARD”) Executive Directors Mr. Yip Pak Hung(Chairman)Mr. Wai Yat Kin(Chief Executive Officer) Independent Non-Executive Directors Ms. Lai Pik Chi, PeggyMr. Lam Chi Wai, PeterDr. Yeung Kit Ming AUDIT COMMITTEE Ms. Lai Pik Chi, Peggy(Chairman)Mr. Lam Chi Wai, PeterDr. Yeung Kit Ming NOMINATION COMMITTEE Dr. Yeung Kit Ming(Chairman)Ms. Lai Pik Chi, PeggyMr. Lam Chi Wai, Peter REMUNERATION COMMITTEE Mr. Lam Chi Wai, Peter(Chairman)Ms. Lai Pik Chi, PeggyDr. Yeung Kit Ming COMPANY SECRETARY Mr. Chan Sun Kwong PRINCIPAL BANKERS The Hongkong and Shanghai BankingCorporation LimitedLevel 10, HSBC Main Building1 Queen’s Road CentralHong Kong 110 Citibank N.A.21/F., Tower 1The Gateway, Harbour CityKowloon, Hong Kong 121 REGISTERED OFFICE Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman, KY1-1108Cayman Islands Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman, KY1-1108Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 27/F, The Octagon6 Sha Tsui RoadTsuen Wan, New TerritoriesHong Kong 627 HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 愨1617 Tricor Investor Services Limited17/F Far East Finance Centre16 Harcourt RoadHong Kong AUTHORISED REPRESENTATIVES Mr. Yip Pak HungMr. Chan Sun Kwong AUDITOR 11125 BDO LimitedCertified Public Accountants25th Floor, Wing On Centre111 Connaught Road CentralHong Kong www.kpa-bm.com.hk COMPANY’S WEBSITE www.kpa-bm.com.hk STOCK CODE 2663 2663 MANAGEMENT DISCUSSION AND ANALYSIS管 理 層 討 論 及 分 析 BACKGROUND, RECENT DEVELOPMENT ANDOUTLOOK KPa-BM Holdings Limited (the “Company”) and its subsidiaries(collectively, the “Group”) are principally engaged in (i) provision ofstructural engineering works with a focus on design and buildprojects in Hong Kong; (ii) supply of building material productstogether with installation services of such products in Hong Kong;and (iii) trading of building material products predominately in HongKong. (i)(ii)(iii) Business operation of the Group remained relatively stable and keyprojects progressed smoothly for the six months ended 30 September2023 (the “Period”). In particular, the project for the design, supplyand fixing of roof claddings for a sports facilities in Kowloon Cityachieved favourable progress and recorded a revenue growth of overHK$28 million for the Period, and remained as the largest revenuecontributor to the Group. Furthermore, the Group successfullynegotiated for settlement of compensation for variation works on aproject near to completion, thereby rendering an improvement toprofit margin of the Group for the Period. 28 The Group’s value of outstanding contracts on hand as at 30September 2023 amounted to approximately HK$1,022 million, withfour key projects awarded subsequent to interim period endamounted to HK$146 million. The outlook of the Group for theremaining part of the financial year and the near term is positive. 1,022146 Looking further ahead, the Lantau Tomorrow Vision and NorthernMetropolis development plans will propel Hong Kong’s integrationinto the Greater Bay Area development blueprint of the PRC stateg o v e r n m e n t s t r a t e g y a n d w i l l b r i n g a b o u t l a r g e a m o u n t o fconstruction activities, including building structures and roadways,including six major transport infrastructure projects announced bythe government in year 2022. Accordingly, we expect that there willbe a steady flow of business opportunities in the market which theGroup operates in the coming years. FINANCIAL REVIEW Revenue The Group’s revenue amounted to approximately HK$317.9 millionfor the Period as compared to approximately HK$292.6 million for sixm o n t h s e n d e d 30 S e p t e m b e r 2022 ( t h e “ P r e v i o u s P e r i o d ” ) ,representing an increase of approximately HK$25.3 million or 8.6%,which was mainly attributable to favourable progress of the sportsfacilities project in Kowloon City as mentioned in the business reviewsection above. 317.9292.625.38.6% Cost of Revenue and Gross Profit The Group’s cost of revenue mainly comprised material andprocessing charges and subcontracting charges; the increase in costof revenue for the Period is mainly driven by revenue growth. TheG r o u p a c h i e v e d a n i m p r o v e m e n t i n g r o s s p r o f i t m a r g i n t oapproximately 16.6% for the Period as compared to approximately15.8% for