明辉国际中期报告2025

(Incorporated in the Cayman Islands with limited liability)(於開曼群島註冊成立之有限公司)(Stock Code股份代號: 03828) INTERIM REPORT2025中 期 報 告 CONTENTS目 錄 Corporate Information02 Interim Condensed Consolidated Statementof Comprehensive Income21 Highlights for the six months ended 30 June 202504 Interim Condensed Consolidated Statementof Changes in Equity22 Management Discussion and Analysis05 Interim Condensed Consolidated Statementof Cash Flows23 Corporate Governance and Other Information13 Notes to the Condensed ConsolidatedInterim Financial Information24 Interim Condensed Consolidated Balance Sheet19 CORPORATE INFORMATION公 司 資 料 BOARD OF DIRECTORSExecutive Directors: Mr. CHING Chi Fai(Chairman)Mr. CHING Chi KeungMr. LIU ZigangMr. CHING Tsun WahMr. KEUNG Kwok Hung Non-Executive Director:Ms. CHAN Yim Ching Independent Non-Executive Directors:Mr. HUNG Kam Hung AllanMr. SUN Eric Yung TsonMr. KWONG Tony Wan Kit AUDIT COMMITTEEMr. KWONG Tony Wan Kit(Chairman)Mr. HUNG Kam Hung AllanMr. SUN Eric Yung Tson NOMINATION COMMITTEEMr. CHING Chi Fai(Chairman) Ms. CHAN Yim ChingMr. HUNG Kam Hung AllanMr. SUN Eric Yung TsonMr. KWONG Tony Wan Kit REMUNERATION COMMITTEEMr. HUNG Kam Hung Allan(Chairman) Mr. CHING Chi FaiMr. SUN Eric Yung TsonMr. KWONG Tony Wan Kit EXECUTIVE COMMITTEEMr. CHING Chi Fai(Chairman) Mr. CHING Chi KeungMr. LIU ZigangMr. CHING Tsun WahMr. KEUNG Kwok Hung INVESTMENT COMMITTEEMr. CHING Chi Fai(Chairman)Mr. KEUNG Kwok HungMr. KWONG Tony Wan Kit CHIEF FINANCIAL OFFICER ANDCOMPANY SECRETARYMr. KEUNG Kwok Hung CPA PRINCIPAL BANKERSBank of China (Hong Kong) LimitedThe Hongkong and Shanghai BankingCorporation LimitedHang Seng Bank LimitedDBS Bank (Hong Kong) Limited CORPORATE INFORMATION (CONTINUED)公 司 資 料（ 續 ） AUDITOR PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor22/F, Prince’s BuildingCentralHong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMAN ISLANDS Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands BRANCH SHARE REGISTRAR INTHE HONG KONG SPECIAL ADMINISTRATIVEREGION OF THE PEOPLE’S REPUBLIC OF CHINA(THE “PRC”)(“HONG KONG”) 18317M Computershare Hong Kong Investor Services LimitedInvestors’ enquiries:17M FloorHopewell Centre183 Queen’s Road East, WanchaiHong Kong 183171712–1716 Transfer of Shares:Shops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road East, WanchaiHong Kong PO Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands REGISTERED OFFICE PO Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands HEAD OFFICE AND PRINCIPAL PLACEOF BUSINESS IN HONG KONG 3TML8D3 Unit D3, 8/F, TML TowerNo. 3 Hoi Shing RoadTsuen Wan, New TerritoriesHong Kong PRINCIPAL PLACE OF BUSINESS IN THE PRC Ming Fai Industrial EstateBainikeng, Pinghu, LonggangShenzhen, the PRC www.mingfaigroup.com WEBSITEwww.mingfaigroup.com 03828 STOCK CODE03828 HIGHLIGHTS FOR THE SIX MONTHS ENDED 30 JUNE 2025截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月 之 摘 要 0.5%1,028.61,023.4 ••Revenue increased 0.5% to approximately HK$1,028.6 million(for the six months ended 30 June 2024: approximatelyHK$1,023.4 million). 4.5%233.8244.9 ••Gross profit decreased 4.5% to approximately HK$233.8million (for the six months ended 30 June 2024: approximatelyHK$244.9 million). 1.222.7%23.9% ••Gross profit margin decreased 1.2 percentage points to 22.7%(for the six months ended 30 June 2024: 23.9%). 59.764.0 ••Operating profit was approximately HK$59.7 million (for thesix months ended 30 June 2024: approximately HK$64.0million). 50.953.3 ••P r o f i ta t t r i b u t a b l e t o o w n e r s o f t h e C o m p a n y w a sapproximately HK$50.9 million (for the six months ended30 June 2024: approximately HK$53.3 million). MANAGEMENT DISCUSSION AND ANALYSIS管 理 層 討 論 及 分 析 The Board of Directors (the “Board”) of Ming Fai InternationalHoldings Limited (the “Company”) is pleased to announce theunaudited condensed consolidated interim results of the Companyand its subsidiaries (the “Group”) for the six months ended 30 June2025. FINANCIAL REVIEW Key Financial Highlights Set out below are the unaudited consolidated interim key financialhighlights of the Group: RevenueGross ProfitProfit attributable to owners ofthe CompanyBasic earnings per Share attributableto owners of the Company(HK cents)Diluted earnings per Share attributableto owners of the Company(HK cents)Dividend per Share(HK cents) Revenue 1,028.61,023.40.5%877.695.755.3857.882.383.385.3%9.3%5.4%83.8%8.0%8.2% For the six months ended 30 June 2025, the total revenue of theG r o u p r e c o r d e d a s l i g h t i n c r e a s e o f 0.5% t o a p p r o x i m a t e l yHK$1,028.6 million compared with approximately HK$1,023.4 millionin the corresponding period of prior year. For the six month