宝发控股：2023/24 第一季度业绩报告

(Incorporated in the Cayman Islands with limited liability)Stock Code: 8532 2023/24First QuarterlyReport CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED(THE “STOCK EXCHANGE”) GEM has been positioned as a market designed to accommodate small and mid-sized companies to whicha higher investment risk may be attached than other companies listed on the Stock Exchange. Prospectiveinvestors should be aware of the potential risks of investing in such companies and should make thedecision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk thatsecurities traded on GEM may be more susceptible to high market volatility than securities traded on theMain Board and no assurance is given that there will be a liquid market in the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contentsof this report, make no representation as to its accuracy or completeness and expressly disclaim anyliability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of thecontents of this report. Thisreport,for which the directors(the“Directors”)of Polyfair Holdings Limited(the“Company”)collectively and individually accept full responsibility, includes particulars given in compliance with theRules Governing the Listing of Securities on GEM of the Stock Exchange (the “GEM Listing Rules”) for thepurpose of giving information with regard to the Company. The Directors, having made all reasonableenquiries, confirm that to the best of their knowledge and belief the information contained in this reportis accurate and complete in all material respects and not misleading or deceptive, and there are no othermatters the omission of which would make any statement herein or this report misleading. GEM GEM GEMGEMGEM GEMGEM Unaudited Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income For the three months ended 30 June 20232023630 FIRST QUARTERLY RESULTS 20236 302022 The board (the “Board”) of Directors is pleased to announce theunauditedcondensed consolidated results of the Company anditssubsidiaries(collectively the“Group”)for the three monthsended30 June 2023(the“Reporting Period”),together withthe unaudited comparative figures for the corresponding period in2022 as follows: Unaudited Condensed Consolidated Statementof Changes in Equity For the three months ended 30 June 20232023630 20181 19 Note:Other reserve represented the difference between the share capitalofthe Company issued as consideration of acquiring PolyfairConstruction & Engineering Limited (“Polyfair HK”) and issued sharecapital of Polyfair HK pursuant to a group reorganisation completedon 19 January 2018. Notes to the Unaudited Condensed ConsolidatedFinancial Statements For the three months ended 30 June 20232023630 1. 1.GENERAL INFORMATION 20175252018223GEMCricket Square, Hutchins Drive, P.O.Box2681,Grand Cayman KY1-1111,CaymanIslands250121206-7 Polyfair Holdings Limited (the “Company”) was incorporatedand registered as an exempted company with limited liabilityin the Cayman Islands on 25 May 2017 and its shares arelisted on GEM of The Stock Exchange of Hong Kong Limited(“the Stock Exchange”) on 23 February 2018. Its immediateand ultimate holding company is C.N.Y. Holdings Limited, acompany incorporated in the British Virgin Islands (the “BVI”).The registered office of the Company is located at CricketSquare, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111,Cayman Islands.The principal place of business ofthe Company is located at Unit 1206–7, 12th Floor, FortressTower, 250 King’s Road, North Point, Hong Kong. TheCompany is an investment holding company.Theprincipalactivities of the Company and its subsidiaries(together referred to as the “Group”) are provision of designand project management services for façade and installationof curtain wall systems in Hong Kong. The unaudited condensed consolidated financial statementsare presented in Hong Kong dollars (“HK$”). Otherthan those subsidiaries established in the People’sRepublic of China (the “PRC”) whose functional currency isRenminbi (“RMB”), the functional currency of the Companyand its remaining subsidiaries are HK$. All values are rounded to the nearest thousands (“HK$’000”)except when otherwise indicated. Notes to the Unaudited Condensed Consolidated Financial Statements For the three months ended 30 June 20232023630 2. 2.BASIS OF PREPARATION 20236 3020236 302023331GEM The unaudited condensed consolidated financial statementsforthe three months ended 30 June 2023 have beenprepared in accordance with Hong Kong Financial ReportingStandards (“HKFRSs”) issued by the Hong Kong Institute ofCertified Public Accountants (the “HKICPA”). HKFRSs includeHongKong Accounting Standards and interpretations.Theaccountingpolicies and basis of preparation adopted in