创业集团控股2023中期报告

CONTENTS Corporate Information2Management Discussion and Analysis5Unaudited Condensed Consolidated Statement ofProfit or Loss42Unaudited Condensed Consolidated Statement ofOther Comprehensive Income43Unaudited Condensed Consolidated Statement ofFinancial Position44Unaudited Condensed Consolidated Statement ofChanges in Equity47Unaudited Condensed Consolidated Statement ofCash Flows48Notes to the Unaudited Condensed ConsolidatedFinancial Statements49 CORPORATE INFORMATION Executive Directors Mr. Zhu Yongjun(Chairman of the Board)Mr. Pan YiminMr. Lee Tsi Fun Nicholas Non-executive Directors 202310172023831 Mr. Sui Guangyi(Honorary Chairman)Mr. Lin Jiakuang (appointed on 17 October 2023)Dr. Ge XiaolinDr. Zhang Lihui (resigned on 31 August 2023) Independent Non-executive Directors 202391 Ms. Du Yun (appointed on 1 September 2023)Mr. Lo Chun Chiu, AdrianDr. Tong Ka LokMr. Choy Wai Shek, Raymond,MH, JP Audit Committee Dr. Tong Ka Lok(Chairman)Mr. Lo Chun Chiu, AdrianMr. Choy Wai Shek, Raymond,MH, JP Nomination Committee Mr. Lo Chun Chiu, Adrian(Chairman)Dr. Tong Ka LokMr. Choy Wai Shek, Raymond,MH, JPMr. Zhu Yongjun Remuneration Committee Mr. Choy Wai Shek, Raymond,MH, JP(Chairman)Mr. Lo Chun Chiu, AdrianDr. Tong Ka LokMr. Pan Yimin (appointed on 14 August 2023)Mr. Lee Tsi Fun Nicholas (ceased on 14 August 2023) 20238142023814 Company Secretary Mr. Lee Tsi Fun Nicholas Authorised Representatives Mr. Zhu YongjunMr. Lee Tsi Fun Nicholas Registered Office Windward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Windward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Office B3/F Kingston International Centre19 Wang Chiu RoadKowloon BayHong Kong 193B Independent Auditor 11125 BDO Limited25/F Wing on Centre111 Connaught RoadHong Kong Legal Advisers 29161603 As to Hong Kong lawLoong & Yeung SolicitorsRoom 1603, 16/F China Building29 Queen’s Road CentralCentral, Hong Kong 2206–19 As to Cayman Islands lawAppleby2206–19, Jardine House1 Connaught PlaceCentral, Hong Kong Corporate Information(Continued) Principal Banker 333 Industrial and Commercial Bank of China (Asia) Limited33rd Floor, ICBC Tower3 Garden RoadCentralHong Kong Principal Share Registrar and Transfer Office Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Hong Kong Branch Share Registrar andTransfer Office 慤1617 Tricor Investor Services Limited17th Floor, Far East Finance CentreNo. 16 Harcourt RoadHong Kong Stock Code 2221 2221 Company Website http://www.primeworld-china.com http://www.primeworld-china.com MANAGEMENT DISCUSSION AND ANALYSIS Unaudited Condensed Consolidated InterimResults 202393062023202293062022 Theboard(the“Board”)of directors(the“Directors”)of NewConcepts Holdings Limited (the “Company”) hereby presented theunauditedcondensed consolidated interim results of the Companyandits subsidiaries(collectively,the“Group”)for the six monthsended30 September 2023(the“Period”or“1H2023”)togetherwiththe comparative figures for the six months ended 30September 2022 (the “corresponding period” or “1H2022”). Financial Highlights Management Discussion and Analysis TheGroup was principally engaged in(i)provision of foundationworks,civil engineering contractual service and general buildingworksin Hong Kong(the“Construction Business”)and(ii)environmentalprotection businesses including kitchen wastetreatmentrelated business,development and management ofenvironmentalprotection industrial park and new energy materialsinmainland China(the“Environmental Protection Business”)during the Period. (i)(ii) Business Review I IConstruction Business 260,500,000202213.4%229,800,000 Forthe Period,the Group recorded a revenue fromconstructionbusiness amounted to approximately HK$260.5million,representing a increase of 13.4%compared to thatfor1H2022(i.e.HK$229.8 million).Such an increase wasmainly due to the increase of the number of sizable projectsundertaken by the Group during the Period. Management Discussion and Analysis(Continued) The overall gross profit margin increased fromapproximately4.1% for 1H2022 to 9.6% forthe Period. The increase wasprimarilyattributable to certain projects with higher grossprofit margin were undertaken during the Period. 20224.1%9.6% There was no project completed during the Period. (ii)Projects in Progress As at 30 September 2023, the Group had 4 projects inprogresswith an aggregate contract value ofapproximatelyHK$1,080.7 million.The managementconsidered that all of the projects in progress were onschedule and none of which would cause the Group toindemnify the third parties and increase the contingentliabilities. The details of such projects in progress are asfollows: II The Environmental Protection Business involves: (i)kitchen waste treatment related business;(