义合控股2023/24 中期报告

2023/24INTERIM REPORT Contents 2CORPORATE INFORMATIONINTERIM FINANCIAL INFORMATION4Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income6Condensed Consolidated Statement of Financial Position8Condensed Consolidated Statement of Changes In Equity9Condensed Consolidated Statement of Cash Flows10Notes to the Condensed Consolidated Financial Statements33MANAGEMENT DISCUSSION AND ANALYSIS39OTHER INFORMATION46GLOSSARY Corporate Information DIRECTORSExecutive Directors: Mr. JIM Yin Kwan Jackin (Chairman)Mr. CHUI Mo Ming (Vice-chairman)Mr. YAN Chi Tat (Chief Executive Officer)Mr. LEUNG Hung Kwong Derrick 20235312023531 Non-executive Directors:Ms. LEE Sze Wing Mabel (appointed on 31 May 2023)Mr. WANG Jian (resigned on 31 May 2023) Independent Non-executive Directors: Mr. LEE Luk ShiuMr. YU Hon KwanMr. WONG Chi Keung Johnny AUDIT COMMITTEE Mr. LEE Luk Shiu (Chairman)Mr. YU Hon KwanMr. WONG Chi Keung Johnny NOMINATION COMMITTEE Mr. YU Hon Kwan (Chairman)Mr. JIM Yin Kwan JackinMr. WONG Chi Keung JohnnyMr. LEE Luk Shiu REMUNERATION COMMITTEE Mr. YU Hon Kwan (Chairman)Mr. JIM Yin Kwan JackinMr. WONG Chi Keung JohnnyMr. LEE Luk Shiu COMPANY SECRETARYMr. CHONG Man Hung Jeffrey AUTHORISED REPRESENTATIVESMr. YAN Chi TatMr. CHONG Man Hung Jeffrey INDEPENDENT AUDITORSSHINEWING (HK) CPA Limited Corporate Information (Continued) Windward 3 REGISTERED OFFICE IN THE CAYMAN ISLANDSWindward 3 Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 191104–06 Units 1104–06Nan Fung Commercial Centre19 Lam Lok StreetKowloon BayHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN THE CAYMAN ISLANDS Ocorian Trust (Cayman) LimitedWindward 3Regatte Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3Regatte Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFEROFFICE IN HONG KONG 1617 Tricor Investor Services Limited17/F., Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKERS Hang Seng Bank LimitedDBS Bank (Hong Kong) LimitedFubon Bank (Hong Kong) LimitedThe Hongkong and Shanghai Banking Corporation Limited COMPANY WEBSITEwww.yee-hop.com.hk www.yee-hop.com.hk 01662 STOCK CODE01662 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended 30 September 202320239306 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (Continued) Condensed Consolidated Statement of Financial Position At 30 September 20232023930 Condensed Consolidated Statement of Financial Position (Continued) 43220231130 The condensed consolidated financial statements on pages 4 to 32were approved and authorised for issue by the board of directors on30 November 2023 and are signed on its behalf by: Chui Mo MingDirector Condensed Consolidated Statement of Changes in Equity For the six months ended 30 September 202320239306 Note a:Merger reserve represents the difference between the nominalvalue of the issued capital of subsidiaries acquired pursuant to agroup reorganisation over the consideration paid for acquiring thesesubsidiaries. Note b:Other reserve represents the difference between the carrying valueof the additional equity interests of the subsidiary acquired and theconsideration paid of HK$116 during the year ended 31 March 2016. Condensed Consolidated Statement of Cash Flows For the six months ended 30 September 202320239306 Notes to the Condensed Consolidated Financial Statements For the six months ended 30 September 202320239306 1.GENERAL 1. 20152 12221961320151218Windward 3, Regatta Office Park, POBox 1350, Grand Cayman, KY1-1108,the Cayman Islands19111104–06 Yee Hop Holdings Limited (the “Company”) was incorporatedas an exempted company with limited liability incorporated inthe Cayman Islands under the Companies Law, Chapter 22(Law 3 of 1961, as consolidated and revised) of the CaymanIslands on 12 February 2015 and its shares are listed on TheStock Exchange of Hong Kong Limited on 18 December 2015.Its ultimate controlling parties are Mr. Jim Yin Kwan, Jackinand Mr. Chui Mo Ming (the “Controlling Shareholders”).The address of the registered office of the Company isWindward3,Regatta Office Park,PO Box 1350,GrandCayman, KY1-1108, the Cayman Islands, and its principalplace of business is located at Room 1104–06, 11/F., Nan FungCommercial Centre, 19 Lam Lok Street, Kowloon Bay, HongKong. The Company is an investment holding company while theprincipal subsidiaries are principally engaged in the provision offoundation and other civil works and tunneling works in HongKong and Philippines, premises revitalisation and enhancementin the People‘s Republic of China (the “PRC”). Other than those subsidiaries established in the PRC and thePhilippines whose functional currency is Renmi