天成控股2024/2025 中期报告

(incorporated in the Cayman Islands with limited liability)Stock code: 2110 2024/2025INTERIM REPORT Page Corporate Information2 Management Discussion and Analysis Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income20 Condensed Consolidated Statement ofFinancial Position21 22 Condensed Consolidated Statement ofChanges in Equity 23 Condensed Consolidated Statement of Cash Flows 24 Notes to the Condensed Consolidated FinancialStatements Corporate Governance and Other Information CorporateInformation公司資料 BOARD OF DIRECTORS Executive DirectorsMs. Zheng Yanling(Chairman)Mr. Ouyang JianwenMr. Luo HaoMr. Wong Yuk Independent Non-executive DirectorsMr. Wan San Fai VincentMr. Wen XiaoxiaoMr. Luo Sheng(resigned on 1 August 2024)Mr. Hu Ziyu(appointed on 18 October 2024) AUDIT COMMITTEE Mr. Wan San Fai Vincent(Chairman)Mr. Wen XiaoxiaoMr. Luo Sheng(resigned on 1 August 2024)Mr. Hu Ziyu(appointed on 18 October 2024) NOMINATION COMMITTEE Mr. Wen Xiaoxiao(Chairman)Mr. Wan San Fai VincentMr. Luo Sheng(resigned on 1 August 2024)Mr. Hu Ziyu(appointed on 18 October 2024 2 Corporate Information (Cont’d)公司資料（續） REMUNERATION COMMITTEEMr. Hu Ziyu(Chairman)(appointed on 18 October 2024) Mr. Wan San Fai VincentMr. Wen Xiaoxiao COMPANY SECRETARYMr. Wong Yuk AUTHORISED REPRESENTATIVESMr. Ouyang JianwenMr. Wong Yuk HEADQUARTERS AND PRINCIPAL PLACEOF BUSINESS IN HONG KONG 685506 507A Rooms 506–507A, 5/FEmpire Centre68 Mody RoadTsim Sha TsuiKowloonHong Kong REGISTERED OFFICE PO Box 1350, Windward 3Windward 3Regatta Office ParkGrand Cayman KY1-1108Cayman Islands PO Box 1350, Windward 3Windward 3Regatta Office ParkGrand Cayman KY1-1108Cayman Islands CorporateInformation(Cont’d)公司資料（續） PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMANISLANDS Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands HONG KONG BRANCH SHAREREGISTRAR AND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/FFar East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKS Nanyang Commercial Bank, LimitedShanghai Commercial Bank LimitedDBS Bank (Hong Kong) Limited AUDITOR Prism Hong Kong LimitedUnit 1903A–1905, 19/F8 Observatory RoadTsim Sha TsuiHong Kong 8191903A–1905 www.tianchengholdings.com.cn COMPANY’S WEBSITEwww.tianchengholdings.com.cn 2110 STOCK CODE2110 TianCheng H old i ngsLimitedInteri m R eport2024/2025 Management Discussion and Analysis管理層討論與分析 T h e b o a r d ( t h e “B o a r d” ) o f d i r e c t o r s ( t h e“Directors”) of Tian Cheng Holdings Limited (the“Company”) is pleased to present the unauditedcondensed consolidated interim results of theCompany and its subsidiaries (collectively refer to asthe “Group”) for the six months ended 30 November2024 (the “Period”) together with the unauditedcomparative figures for the six months ended 30November 2023 (the “corresponding prior period”). FINANCIAL HIGHLIGHTS •108.1123.6 •Revenue of the Group for the six months ended30 November 2024 amounted to approximatelyHK$108.1 million (for the six months ended30 November 2023: approximately HK$123.6million). •12.420.0 •Loss attributable to the equity shareholders ofthe Company was HK$12.4 million for the sixmonths ended 30 November 2024, as comparedwith loss attributable to the equity shareholdersof the Company of HK$20.0 million for the sixmonths ended 30 November 2023. •4.48.4 •Loss per share amounted to HK4.4 cents forthe six months ended 30 November 2024, ascompared with loss per share of HK8.4 centsfor the six months ended 30 November 2023. • •The Board does not recommend the declarationof any interim dividend for the six monthsended 30 November 2024. ManagementDiscussionandAnalysis(Cont’d)管理層討論與分析（續） BUSINESS REVIEW 261.4 The Group is a Hong Kong-based marine constructionworks subcontractor specializing in reclamationworks and supplemented by vessel chartering servicesand other civil engineering works. Besides the marineconstruction projects, the Group has developed a newsource of income as a health and wellness serviceprovider. As of the current Period, the Group hasmaintained its position as the main contractor for twomarine construction projects, which were awardedwith a combined contract sum of approximatelyHK$261.4 million in the previous year. The Groupremains dedicated to these projects, focusing on theirsuccessful completion and delivery. The Board anticipates that the forthcoming financialyears will continue to be challenging for the Group’smarine construction and other civil engineeringoperations due to fierce market competition andelevated technical requirements for project bidding.To address this, the Board has launched a newlydeveloped health and wellness services segment.This initiative will leverage the management team’sexpertise and experience to expand the currentbusiness portfolio