GC CONSTRUCTION2023/2024 年报

(incorporated in the Cayman Islands with limited liability)Stock Code : 1489 2Corporate Information4Financial Highlights5Chairman’s Statement8Management Discussion and Analysis15Biography of Directors and Senior Management21Corporate Governance Report41Report of the Directors62Environmental, Social and Governance Report112Independent Auditor’s Report120Consolidated Statement of Comprehensive Income121Consolidated Statement of Financial Position123Consolidated Statement of Changes in Equity124Consolidated Statement of Cash Flows125Notes to the Consolidated Financial Statements200Summary of Financial Information CORPORATE INFORMATION公司資料 BOARD OF DIRECTORSExecutive Directors 202425 Mr. Chan Kiu Sum(Chairman and Chief Executive Officer)Mr. Chan Wing PingMs. Chan Chui Ying(appointed on 5 February 2024) Independent non-executive Directors 202425 Dr. Huang HongMr. Yu Chi WingDr. Lo Ki ChiuDr. Luk Che Chung,JP(appointed on 5 February 2024) AUDIT COMMITTEE Mr. Yu Chi Wing(Chairperson)Dr. Huang HongDr. Lo Ki ChiuDr. Luk Che Chung,JP(appointed on 5 February 2024) 202425 REMUNERATION COMMITTEE 202425 Dr. Huang Hong(Chairperson)Mr. Chan Kiu SumMr. Yu Chi WingDr. Luk Che Chung,JP(appointed on 5 February 2024) NOMINATION COMMITTEE 202425 Mr. Chan Kiu Sum(Chairperson)Dr. Huang HongDr. Lo Ki ChiuDr. Luk Che Chung,JP(appointed on 5 February 2024) REGISTERED OFFICE IN THE CAYMAN ISLANDS 71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands 71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 83319909 Unit 909, 9th Floor, Tower 1Cheung Sha Wan Plaza833 Cheung Sha Wan RoadKowloonHong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Appleby Global Services (Cayman) Limited71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands Appleby Global Services (Cayman) Limited71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands CORPORATE INFORMATION公司資料 20236122023612 COMPANY SECRETARY Mr. Yu Tsz Ngo(Appointed with effect from 12 June 2023)Mr. Choi Wan Sang Vincent(Resigned with effect from 12 June 2023) AUTHORISED REPRESENTATIVES Mr. Chan Kiu SumMr. Yu Tsz Ngo AUDITOR 22 PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor22/F, Prince’s BuildingCentralHong Kong COMPLIANCE ADVISER 181272701 Grande Capital LimitedRoom 2701, 27/F, Tower 1Admiralty Centre18 Harcourt Road, AdmiraltyHong Kong 1 PRINCIPAL BANKER Bank of China (Hong Kong) Limited1 Garden RoadHong Kong HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 148212103B Boardroom Share Registrars (HK) Limited2103B, 21st Floor148 Electric RoadNorth PointHong Kong www.chankiu.hk COMPANY’S WEBSITEwww.chankiu.hk Info@chankiu.hk INVESTOR RELATIONS CONTACTInfo@chankiu.hk 1489 STOCK CODE1489 FINANCIAL HIGHLIGHTS財務概要 For the year ended 31 March 20242024331 2023331541.62024331585.243.58.0% –Revenue increased from approximately HK$541.6 million for theyear ended 31 March 2023 to approximately HK$585.2 millionfor the year ended 31 March 2024, representing an increase ofapproximately HK$43.5 million or 8.0%. –Gross profit decreased from approximately HK$65.5 millionfor the year ended 31 March 2023 to approximately HK$41.8million for the year ended 31 March 2024, representing adecrease of approximately HK$23.7 million or 36.1%. 202333165.5202433141.823.736.1% 202433119.1202349.3 –The Group recorded a profit and total comprehensive incomefor the year attributable to owners of the Company ofapproximately HK$19.1 million for the year ended 31 March2024 (2023: approximately HK$49.3 million). 20243311.920235.7 –Basic earnings per share attributable to owners of the Companywas approximately HK1.9 cents for the year ended 31 March2024 (2023: approximately HK5.7 cents). 20243312023 –The Board has resolved not to recommend the declaration of afinal dividend for the years ended 31 March 2024 (2023: nil). CHAIRMAN’S STATEMENT主席報告 Dear Shareholders, The board (the “Board”) of directors (the “Directors”) of GCConstruction Holdings Limited (the “Company”) is pleased topresent the consolidated annual results of the Company and itssubsidiaries (collectively, the “Group”) for the year ended 31 March2024, together with the comparative figures for the year ended 31March 2023. GC Construction Holdings Limited20243312023331 20221010 The shares of the Company (the “Shares”) were successfully listedon the Main Board of The Stock Exchange of Hong Kong Limited (the“Stock Exchange”) on 10 October 2022 (the “Listing Date”) byway of share offer (the “Share Offer”) (the “Listing”). The Groupis a wet trades contractor in Hong Kong. The wet trades worksperformed by the Group mainly included plastering, tile laying, bricklaying, floor screeding and marble works. 2023331541.62024331585.243.58.0%2024331 Revenue increased from approximately HK$541.6 million for theyear ended 31 March 20