维港环保科技2024年中期报告

(Incorporated in the Cayman Islands with limited liability)Stock Code: 1845 CONTENTS CORPORATE INFORMATION2FINANCIAL SUMMARY5MANAGEMENT DISCUSSION AND ANALYSIS6OTHER INFORMATION21CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS ANDOTHER COMPREHENSIVE INCOME32CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION33CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY35CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS37NOTES TO THE CONDENSED CONSOLIDATED FINANCIALSTATEMENTS38 GLOSSARY55 CORPORATE INFORMATION DIRECTORS AND SENIOR MANAGEMENT DIRECTORS Executive Directors 20242 1 Mr. Cai Zhuhua(Chairman)Mr. Zhang Weiyang(Resigned on 1 February 2024)Mr. Dong HonghuiMr. Li Kaiyan(Chief Executive Officer)Mr. Gu Chunbin Independent Non-executive Directors Mr. Yang ZhifengMr. Xiao HuiMs. Xiao Jingui AUDIT COMMITTEE Ms. Xiao Jingui(Chairman)Mr. Yang ZhifengMr. Xiao Hui REMUNERATION COMMITTEE Mr. Xiao Hui(Chairman)Mr. Dong HonghuiMs. Xiao Jingui NOMINATION COMMITTEE Mr. Cai Zhuhua(Chairman)Mr. Xiao HuiMs. Xiao Jingui COMPANY SECRETARY Mr. Gu Chunbin AUTHORISED REPRESENTATIVES Mr. Cai ZhuhuaMr. Gu Chunbin CORPORATE INFORMATION AUDITORS 7288 Baker Tilly Hong KongCertified Public AccountantsLevel 8, K11 ATELIER King’s Road728 King’s RoadQuarry BayHong Kong REGISTERED OFFICE 190 Elgin Avenue, George TownGrand Cayman, KY1-9008Cayman Islands 190 Elgin Avenue, George TownGrand Cayman, KY1-9008Cayman Islands HEADQUARTER AND PRINCIPAL PLACE OFBUSINESS IN PRC 181A414–15 14–15/F, Block A4No. 181 Science BoulevardGuangzhou, Guangdong ProvinceChina PRINCIPAL PLACE OF BUSINESS IN HONG KONG 183393904 Unit 3904, 39/F, AIA Tower183 Electric RoadNorth PointHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN THE CAYMAN ISLANDS Walkers Corporate Limited190 Elgin AvenueGeorge TownGrand Cayman KY1-9008Cayman Islands Walkers Corporate Limited190 Elgin AvenueGeorge TownGrand Cayman KY1-9008Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong CORPORATE INFORMATION PRINCIPAL BANKS 803 Bank of GuangzhouScience City Branch3/F, Science and TechnologyInnovation Base Complex80 Lanyue RoadScience City, GuangzhouGuangdong ProvinceChina 831 China Merchants BankHong Kong Branch31/F, Three Exchange Square8 Connaught Place, CentralHong Kong STOCK CODE 1845 1845 http://www.gzweigang.com COMPANY’S WEBSITE http://www.gzweigang.com 201913 DATE OF LISTING 3 January 2019 FINANCIAL SUMMARY FINANCIAL HIGHLIGHTS FOR THE SIX MONTHSENDED 30 JUNE 2024: 2024630 Forthe six months ended 30 June 2024,revenue of the Groupamounted to RMB90.3 million, representing an increase of 4.2% ascompared with the six months ended 30 June 2023. 202463090.320236304.2% For the six months ended 30 June 2024, gross profit of the Groupamounted to RMB26.4 million and gross profit margin of the Groupwas 29.3%, representing a decrease of 6.1% and a decrease of 3.2percentage points as compared with the six months ended 30 June2023, respectively. 202463026.429.3%20236306.1%3.2 20236301.51.7%20246304.85.3% For the six months ended 30 June 2024, the Group recorded netloss amounted to RMB4.8 million, and net loss margin of the Groupwas 5.3%, compared with net loss of RMB1.5 million and net lossmargin of 1.7% for the six months ended 30 June 2023. 20236300.520246305.3 Forthe six months ended 30 June 2024,loss attributable toowners of the Company was RMB5.3 million, compared with profitattributable to owners of the Company amounted to RMB0.5 millionfor the six months ended 30 June 2023. For the six months ended 30 June 2024, basic and diluted loss pershare attributable to owners of the Company was RMB0.395 cents,compared with basic and diluted earnings per share attributabletoowners of the Company amounted to RMB0.034 cents andRMB0.034cents respectively for the six months ended 30 June2023. 20236300.0340.03420246300.395 MANAGEMENT DISCUSSION AND ANALYSIS I. I.BUSINESS REVIEW TheGroup is a leading comprehensive hazardous wasteincinerationturnkey solution provider in China focused ontheresearch,design,integration and commissioning ofsolidwaste treatment systems,particularly for hazardouswaste incineration. Leveraging its experience and expertiseinhazardous waste incineration,the Group has expandeditsofferings to other areas of solid waste treatment,suchascement plant parallel kiln co-treatment and pyrolysistreatment of solid waste. The Group conducts research anddevelopment of technologies related to these new areas andhave successfully applied some of them to its new solid wastetreatment projects. 2024 The Group is also engaged in the business of provision ofoilfield auxiliary services and oil sludge thermal desorptiontreatmentin Xinjiang Uygur Autonomous Region.Withyearsof local market development and project experienceaccumulation,the oilfield auxiliary services business hasbeen growing steadily year by year, and the