亚洲联合基建控股2023/24 中期报告

MISSION VISION •Improve people’s quality of life•Grow with our employees•Create value for shareholders•Committedto a sustainable future To be a dynamic enterprise that improvespeople’slivelihood through infrastructure andprofessionalservices for cities in Asia and beyond CORE VALUES RespectWe respectone another and treat everyone equally InitiativeWe are self-starters and exceed expectations CommitmentWe build trust through commitment NurtureWe spare no effort to nurture the next generation InnovationWe areintelligent problem-solvers SustainabilityWe prioritize ESG in every decision CONTENTS 02CondensedConsolidatedStatementofFinancialPosition1804CondensedConsolidatedStatementofChangesinEquity2006CondensedConsolidatedStatementofCashFlows2214NotestotheCondensedConsolidatedInterimFinancialInformation2416OtherInformation65 CorporateInformation ManagementDiscussionandAnalysis CorporateSocialResponsibility CondensedConsolidatedStatementofProfitorLossandOtherComprehensiveIncome DEFINITIONS Inthisinterimreport,unlessthecontextotherwiserequires,thefollowingtermsshallhavethemeaningssetoutbelow: Definitions Terms theboardofDirectors thedirector(s)oftheCompany theCompanyanditssubsidiariesfromtimetotime HongKongdollar(s)andcent(s),thelawfulcurrencyofHongKong “HKAS” HongKongAccountingStandard HongKongFinancialReportingStandards theHongKongSpecialAdministrativeRegionofthePRC “INED(s)” theindependentnon-executiveDirector(s) theRulesGoverningtheListingofSecuritiesontheStockExchange “ListingRules” ModelCodeforSecuritiesTransactionsbyDirectorsofListedIssuerscontainedinAppendix10totheListingRules DEFINITIONS Definitions Terms “NED(s)”“PRC”“ReviewPeriod”“SFO”“Share(s)”“Shareholder(s)”“StockExchange”“%”% thePeople’sRepublicofChina theholder(s)ofissuedShare(s) CORPORATEINFORMATION HONORARYDIRECTORLiWaiHang,Christina BOARDOFDIRECTORS ExecutiveDirectorsPangYatTing,Dominic(Chairman)XuJianhua,Jerry(DeputyChairman)PangYatBond,Derrick(ChiefExecutiveOfficer)SheaChunLok,Quadrant(ChiefFinancialOfficerandCompanySecretary) Non-executiveDirectorsWongWendyDickYeeYimYukLun,Stanley WuWilliamWaiLeungLamYauFung,CurtHoGilbertChiHangYenGordon AUDITCOMMITTEE WuWilliamWaiLeung(Chairman)WongWendyDickYeeYimYukLun,StanleyLamYauFung,CurtHoGilbertChiHang EXECUTIVECOMMITTEE PangYatTing,Dominic(Chairman)XuJianhua,JerryPangYatBond,DerrickSheaChunLok,Quadrant MANAGEMENTCOMMITTEE PangYatBond,Derrick(Chairman)PangYatTing,DominicXuJianhua,JerrySheaChunLok,Quadrant NOMINATIONCOMMITTEE PangYatTing,Dominic(Chairman)WongWendyDickYeeYimYukLun,StanleyWuWilliamWaiLeungLamYauFung,CurtHoGilbertChiHangYenGordon REMUNERATIONCOMMITTEE LamYauFung,Curt(Chairman)WuWilliamWaiLeungHoGilbertChiHang CORPORATEINFORMATION COMPANYSECRETARY SheaChunLok,Quadrant AUDITOR Ernst&YoungCertifiedPublicAccountantsRegisteredPublicInterestEntityAuditor LEGALADVISORS ConyersDill&PearmanLCLawyersLLP PRINCIPALBANKERS HangSengBankLimitedTheHongkongandShanghaiBankingCorporationLimitedTheBankofEastAsiaLimitedChongHingBankLimited HEADOFFICEANDPRINCIPALPLACEOFBUSINESS 6016035C1 C1,5thFloorHongKongSpinnersIndustrialBuildingPhase1601–603TaiNanWestStreetCheungShaWan,KowloonHongKong REGISTEREDOFFICE ClarendonHouse2ChurchStreetHamiltonHM11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda PRINCIPALSHAREREGISTRAR MUFGFundServices(Bermuda)Limited4thfloor,NorthCedarHouse41CedarAvenueHamiltonHM12Bermuda MUFG Fund Services (Bermuda) Limited4th floor, North Cedar House41 Cedar AvenueHamilton HM12Bermuda HONGKONGBRANCHSHAREREGISTRAR 1617 TricorSecretariesLimited17/F.,FarEastFinanceCentre16HarcourtRoadHongKong www.asiaalliedgroup.com CORPORATEWEBSITE www.asiaalliedgroup.com 00711 STOCKCODE00711 MANAGEMENTDISCUSSIONANDANALYSIS MANAGEMENTDISCUSSIONANDANALYSIS BUSINESS REVIEW 3 , 7 9 0 , 0 0 0 , 0 0 02 0 2 24,160,000,000 During the Review Period, the Group’s financial performance has anincrease in gross profit margin, net profit was comparable to the sameperiod last year, revenue declined by a slight percentage to HK$3.79 billion(2022: HK$4.16 billion). In the face of labour shortage, high operating andfinance costs challenges, management focused on cost reduction and cashflow management during the Review Period, including strengthening costand efficiency management, and also planned to relocate certainadministrative functions to lower-cost regions outside of Hong Kong.Additionally, in the current complex and changing macroeconomicenvironment, renewal of the sufficient credit facilities has ensured thefinancial stability and reduced short-term bank borrowings, which reflectsour long-term stable relationship and trust with the banks. The overall outlook for the construction industry remains positive, with theHong Kong Government implementing various supportive policies such asinfrastructure investment, large-scale urban development and acceleratedpublic housing construction. Based on the Group‘s proven track record,technical