怡俊集团控股2023中期报告

Easy Smart Group Holdings Limited (incorporated in the Cayman Islands with limited liability) Contents 2Corporate Information4Management Discussion and Analysis12Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income13Condensed Consolidated Statement of Financial Position15Condensed Consolidated Statement of Changes in Equity16Condensed Consolidated Statement of Cash Flows18Notes to the Condensed Consolidated Financial Information31Other Information Corporate Information DIRECTORSExecutive DirectorsMr. Ng Wing Woon Dave (Chairman and Chief Executive Officer)Mr. Ng Wing Shing Independent Non-Executive DirectorsProfessor Pong Kam KeungMs. Cheng Shing YanMr. Lo Chi Wang AUDIT COMMITTEE Mr. Lo Chi Wang (Chairperson)Professor Pong Kam KeungMs. Cheng Shing Yan NOMINATION COMMITTEE Mr. Ng Wing Woon Dave (Chairperson)Professor Pong Kam KeungMs. Cheng Shing Yan REMUNERATION COMMITTEE Professor Pong Kam Keung (Chairperson)Mr. Ng Wing Woon DaveMr. Lo Chi Wang COMPANY SECRETARYMr. Leung Hoi Ki AUTHORISED REPRESENTATIVESMr. Ng Wing Woon DaveMr. Leung Hoi Ki • INDEPENDENT AUDITORSDeloitte Touche TohmatsuCertified Public AccountantsRegistered Public Interest Entity Auditors REGISTERED OFFICE IN THE CAYMAN ISLANDS71 Fort Street, PO Box 500, 71 Fort Street, PO Box 500,George Town, Grand Cayman,KY1-1106, Cayman Islands George Town, Grand Cayman,KY1-1106, Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 135-13710A Unit A, 10/F, Ming Tak Centre,135-137 Tung Chau Street,Kowloon, Hong Kong Corporate Information PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN THE CAYMAN ISLANDSAppleby Global Services (Cayman) Limited Appleby Global Services (Cayman) Limited71 Fort Street, PO Box 500,George Town, Grand Cayman,KY1-1106, Cayman Islands 71 Fort Street, PO Box 500,George Town, Grand Cayman,KY1-1106, Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFEROFFICE IN HONG KONG 148212103B Boardroom Share Registrars (HK) Limited2103B, 21/F,148 Electric Road,North Point, Hong Kong PRINCIPAL BANKERSBank of China (Hong Kong) LimitedBank of Communications (Hong Kong) Limited COMPANY WEBSITEwww.easysmart.com.hk www.easysmart.com.hk STOCK CODE02442 02442 Management Discussion and Analysis The board (the “Board”) of directors (the “Directors”) of EasySmart Group Holdings Limited (the “Company”) is pleased topresent the unaudited condensed consolidated financial resultsof the Company and its subsidiaries (collectively, the “Group”)for the six months ended 31 December 2023, together with thecomparative figures for the corresponding six months ended 31December 2022. INTRODUCTION OF PASSIVE FIRE PROTECTIONWORKS Passive fire safety provisions refer to permanent building featuresand architectural aspects of a building that prevent fire developmentand spread. Examples include fire rated doors, fire rated boards andpartitions, fire and smoke dampers, smoke curtains, fire resistantcoatings and plasters, linings with low combustibility, etc. Passive fire protection works are specialist works which covers thedesign, supply, installation, maintenance, alteration and addition ofvarious fire protection materials and components that prevent firedevelopment and spread. Passivefire protection is typically implemented throughmulti-pronged approach. Major objectives are segmented in thefollowing aspects: • •Fireproofing, refers to the application of chemical material towithstand potential fire damage. For instance, spraying fireresistant paint, namely intumescent paint onto metal windowframes is conducive to alleviating the rate of penetration offire and extending the amount of time to evacuate. •Compartmentation,refers to erecting specially designedbarriers and partitions to contain smoke and fire. For instance,serviceproviders place fire rated doors strategically toinhibit the passage of flame and smoke, as well as providingclear escape path. Fire wall and fire rated board, is anothercompartmentation strategy that is set up to constrain thespread of fire and to protect the building’s integrity. • • •Firestopping, refers to the practice of filling cavities betweenbuilding partitions and structures, such as cavities betweenwalls, floors, ceilings and ventilation ducts. Given the specialised nature of works of passive fire protection, it isnot an industry practice for general contractors to undertake passivefire protection works. Management Discussion and Analysis BUSINESS REVIEW AND OUTLOOK 20 The Group is a subcontractor specialising in passive fire protectionworks in Hong Kong. With over 20 years of experience in the passivefire protection works industry, the Group focuses on the provision ofpassive fire protection and ancillary works. Our passive fire protectionworks generally involve the design, selection, procurement andinstallation of appropriate materials and components in a buildingto reduce or prevent the spread and effects of fire, heat or smokewithout requiring