天任集团2023年中期报告

Interim Report2023 Contents 2Definitions4Corporate Information7Management Discussion and Analysis14Other Information19Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income20Condensed Consolidated Statement of Financial Position22Condensed Consolidated Statement of Changes in Equity24Condensed Consolidated Statement of Cash Flows25Notes to the Condensed Consolidated Financial Statements Definitions釋義 In this interim report, unless the context otherwise requires, the followingexpressions shall have the following meanings: “Articles of Association” the audit committee of the Board “BVI“ “Listing Rules” “Model Code” “Period” “Prospectus“ “SFO” per cent. Corporate Information公司資料 BOARD OF DIRECTORS Executive Directors Mr. Leung Yam Cheung(Chairman and CEO)Mr. Leung Wing ChunMr. Leung Chau Ming Non-executive Director Mr. Yau Sheung Hang Independent Non-executive Directors Mr. Ng Lin FungMr. Tang Tsz TsunMr. Tsang Ho Yin BOARD COMMITTEES Audit Committee Mr. Tang Tsz Tsun(Chairman)Mr. Ng Lin FungMr. Tsang Ho Yin Remuneration Committee Mr. Ng Lin Fung(Chairman)Mr. Leung Yam CheungMr. Tang Tsz Tsun Nomination Committee Mr. Tsang Ho Yin(Chairman)Mr. Leung Yam CheungMr. Ng Lin Fung Compliance Committee Mr. Leung Yam Cheung(Chairman)Mr. Leung Wing ChunMr. Tsang Ho YinMr. Lau Chi Shing Tommy ESG ESG Committee Mr. Lau Chi Shing Tommy(Chairman)Mr. Leung Chau MingMr. Ng Kam TongMr. Chung Chi MingMr. Cheung Pui Wah COMPANY SECRETARY Mr. Cheng King Yip AUTHORISED REPRESENTATIVES Mr. Cheng King YipMr. Leung Yam Cheung REGISTERED OFFICE IN THE CAYMAN ISLANDS Cricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HEADQUARTER AND PRINCIPAL PLACE OF BUSINESSIN HONG KONG Flat 3, 7/F., Yuen Long Trade Centre99-109 Castle Peak RoadYuen Long, New TerritoriesHong Kong 99-10973 LEGAL ADVISER AS TO CAYMAN ISLANDS LAW Conyers Dill & PearmanPO Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Dill & PearmanCayman Islands attorneys-at-lawPO Box 2681Grand Cayman KY1-1111Cayman Islands Corporate Information公司資料 AUDITOR 1842 Mazars CPA LimitedCertified Public Accountants, Hong Kong42nd Floor, Central Plaza18 Harbour RoadWanchaiHong Kong PRINCIPAL BANKER 1 Bank of China (Hong Kong) Limited1 Garden RoadHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE IN THECAYMAN ISLANDS Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong STOCK CODE 1429 1429 COMPANY’S WEBSITE www.skymission.group www.skymission.group Management Discussion and Analysis管理層討論及分析 BUSINESS OVERVIEW AND FUTURE PROSPECT 20 The Group, an established formwork works subcontractor in Hong Kong withover 20 years of operating history, has been offering traditional formwork worksservices using timber and plywood, along with system formwork works serviceswith aluminum formwork. 136.8273.450.0% During the Period, the Group secured four contracts with a total original contractvalue of approximately HK$136.8 million, representing a decrease of about50.0% as compared to the total original contract value of new contracts obtainedduring the six months ended 30 September 2022, which was approximatelyHK$273.4 million. All these projects began contributing to the Group’s revenuewithin the Period. 10.5%5.0%35.813.9 The Group’s gross profit margin decreased from approximately 10.5% to about5.0%, and the gross profit decreased from approximately HK$35.8 million toHK$13.9 million for the Period. This contraction in gross profit margin primarilyresulted from increased wages for experienced workers due to their limitedsupply, additional costs from unexpected changes to on-site arrangements, andfierce competition for new formwork works contracts in the market. 7.716.4 Further impacting the Group’s financial performance, a provision for lossallowance on trade receivables and contract assets of HK$7.7 million was madedue to aged trade receivables for the Period. Additionally, the Group receivedone-off anti-epidemic funds of HK$16.4 million for the six months ended 30September 2022, with no such amount recognized in the current year. As aresult of these factors, the Company has shifted from net profit to net loss for thePeriod. Looking ahead, the Group anticipates ongoing challenges in the formworkworks industry, including intensified market competition and uncertaintiessurrounding staff costs, material expenses, and subcontracting fees. To addressthese issues, the Group intends to continue diversifying its portfolio by engagingin various types of construction projects and expanding