创业集团控股2024中期报告

INTERIM REPORT2024 CONTENTS Corporate Information Management Discussion and Analysis5 Unaudited Condensed Consolidated Statement of Profit or Loss44 Unaudited Condensed Consolidated Statement ofOther Comprehensive Income45 Unaudited Condensed Consolidated Statement of Financial Position46 Unaudited Condensed Consolidated Statement of Changes in Equity49 Unaudited Condensed Consolidated Statement of Cash Flows50 Notes to the Unaudited Condensed Consolidated FinancialStatements51 CORPORATE INFORMATION Executive Directors Mr. Zhu Yongjun(Chairman of the Board)Mr. Pan YiminMr. Lee Tsi Fun Nicholas Non-executive Directors 2024816 Mr. Lin JiakuangDr. Ge Xiaolin (retired on 16 August 2024) Independent Non-executive Directors Ms. Du YunMr. Lo Chun Chiu, AdrianDr. Tong Ka LokMr. Choy Wai Shek, Raymond,MH, JP Audit Committee Dr. Tong Ka Lok(Chairman)Mr. Lo Chun Chiu, AdrianMr. Choy Wai Shek, Raymond,MH, JP Nomination Committee Mr. Lo Chun Chiu, Adrian(Chairman)Dr. Tong Ka LokMr. Choy Wai Shek, Raymond,MH, JPMr. Zhu Yongjun Remuneration Committee Mr. Choy Wai Shek, Raymond,MH, JP(Chairman)Mr. Lo Chun Chiu, AdrianDr. Tong Ka LokMr. Pan Yimin Company Secretary Mr. Lee Tsi Fun Nicholas Authorised Representatives Mr. Zhu YongjunMr. Lee Tsi Fun Nicholas Registered Office Windward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Windward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Office B, 3/FKingston International Centre19 Wang Chiu RoadKowloon BayHong Kong 193B Independent Auditor 11125 BDO Limited25/F, Wing On Centre111 Connaught RoadHong Kong Legal Advisers 29161603 As to Hong Kong lawLoong & Yeung SolicitorsRoom 1603, 16/F, China Building29 Queen’s Road CentralCentral, Hong Kong 2206–19 As to Cayman Islands lawAppleby2206–19, Jardine House1 Connaught PlaceCentral, Hong Kong Corporate Information(Continued) Principal Banker 333 Industrial and Commercial Bank of China (Asia) Limited33rd Floor, ICBC Tower3 Garden RoadCentralHong Kong Principal Share Registrar and Transfer Office Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350, Grand CaymanKY1-1108Cayman Islands Hong Kong Branch Share Registrar andTransfer Office 慤1617 Tricor Investor Services Limited17th Floor, Far East Finance CentreNo. 16 Harcourt RoadHong Kong Stock Code 2221 2221 Company Website http://www.primeworld-china.com http://www.primeworld-china.com MANAGEMENT DISCUSSION AND ANALYSIS Unaudited Condensed Consolidated InterimResults 202493062024202393062023 Theboard(the“Board”)of directors(the“Directors”)of NewConcepts Holdings Limited (the “Company”) hereby announces theunauditedcondensed consolidated interim results of the Companyandits subsidiaries(collectively,the“Group”)for the six monthsended30 September 2024(the“Period”or“1H2024”)togetherwiththe comparative figures for the six months ended 30September 2023 (the “corresponding period” or “1H2023”). Financial Highlights Management Discussion and Analysis (i)(ii) TheGroup was principally engaged in(i)provision of foundationworks,civil engineering contractual service and general buildingworksin Hong Kong(the“Construction Business”)and(ii)environmentalprotection businesses including harmless wastetreatments,development and management of environmentalprotectionindustrial park and new energy materials in MainlandChina(the“Environmental Protection Business”)during thePeriod. Business Review I IConstruction Business 313,800,0002023260,500,00020.5% Forthe Period,the Group recorded a revenue fromconstructionbusiness amounted to approximately HK$313.8million, representing an increase of 20.5% compared to thatfor1H2023(i.e.HK$260.5 million).Such an increase wasmainly due to the increase of the number of sizable projectsundertaken by the Group during the Period. Management Discussion and Analysis(Continued) 20239.6%6.9% The overall gross profit margin decreased from approximately9.6% for 1H2023 to 6.9% for the Period. The decrease wasmainly due to delay in progress for a particular project andoverall lower gross margin for newly awarded projects. (i) There was no project completed during the Period. (ii)Projects in Progress (ii) As at 30 September 2024, the Group had 9 projects inprogresswith an aggregate contract value ofapproximatelyHK$2,372.89 million.The managementconsidered that all of the projects in progress were onschedule and none of which would cause the Group toindemnify the third parties and increase the contingentliabilities. The details of such projects in progress are asfollows: 202493092,372,890,000 II The Environmental Protection Business involves: (i)harmless waste treatments;(ii)developmentand management of environmentalprotection industrial park; and(iii)new energy materials. (i) (ii) (iii) 4.1%48,500,000202346,600,000 For the Period,