澳门励骏2025中期报告

Contents Corporate Information2Corporate Profile5Management Discussion and Analysis7Corporate Governance and Other Information17Independent Review Report22Interim Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income25Interim Condensed Consolidated Statement of Financial Position26Interim Condensed Consolidated Statement of Changes in Equity28Interim Condensed Consolidated Statement of Cash Flows29Notes to Interim Condensed Consolidated Financial Information30Definitions63 公 司 資 料 Corporate Information PLACE OF INCORPORATION Cayman Islands BOARD OF DIRECTORS Executive Directors Mr Li Chu Kwan(Chairman & chief executive officer)Ms Lam Shu Yan(Chief financial officer)(appointed on 13 June 2025)Ms Chan Mei Yi, Melinda(Vice-chairman)(retired on 13 June 2025) Non-executive Directors Ms Ho Chiulin, LaurindaMr Li Chun TakMr Wong Che Man Eddy Independent non-executive Directors Mr Lau Ngai Kee, RickyMr Mak Ka Wing, PatrickMs Ma Cheuk Ling(appointed on 13 June 2025)Mr Wang Hongxin(alias Wang, Charles Hongxin) (retired on 13 June 2025) AUDIT COMMITTEE Mr Lau Ngai Kee, Ricky (Chairman)Ms Ho Chiulin, LaurindaMr Mak Ka Wing, PatrickMs Ma Cheuk Ling(appointed on 13 June 2025)Mr Wang Hongxin(alias Wang, Charles Hongxin) (retired on 13 June 2025) REMUNERATION COMMITTEE Ms Ma Cheuk Ling(Chairman)(appointed on 13 June 2025)Mr Li Chu KwanMr Lau Ngai Kee, RickyMr Mak Ka Wing, PatrickMr Wong Che Man EddyMr Wang Hongxin(alias Wang, Charles Hongxin) (retired on 13 June 2025) NOMINATION COMMITTEE Mr Mak Ka Wing, Patrick(Chairman)Mr Lau Ngai Kee, RickyMr Wong Che Man EddyMs Ma Cheuk Ling(appointed on 13 June 2025)Mr Wang Hongxin(alias Wang, Charles Hongxin) (retired on 13 June 2025) Corporate Information (Continued) AUTHORISED REPRESENTATIVES Mr Li Chu KwanMs So Ka Man COMPANY SECRETARY Ms So Ka Man REGISTERED OFFICE Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS INMACAU Palace Building, Macau Fisherman’s WharfAvenida da Amizade e Avenida da Dr. Sun Yat SenMacau PRINCIPAL PLACE OF BUSINESS IN HONG KONG 3021 21/F, Entertainment Building30 Queen’s Road CentralCentralHong Kong CAYMAN ISLANDS PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 18317M17121716 Computershare Hong Kong Investor Services LimitedShops 1712–171617M Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong Corporate Information (Continued) HONG KONG LEGAL ADVISERS Howse Williams, Solicitors INDEPENDENT AUDITOR Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor PRINCIPAL BANKERS Luso International Banking LimitedIndustrial and Commercial Bank of China (Macau) LimitedBanco Nacional Ultramarino, S.A.The Bank of East Asia, Limited – Hong Kong BranchBank of Communications Co., Ltd. – Hong Kong Branch LISTING INFORMATION 016804,000 Place of ListingMain Board of The Stock Exchange of Hong Kong LimitedStock Code01680Board Lot4,000 Shares INVESTOR RELATIONS Tel: (853) 2822 2211Fax: (853) 2822 2266Email: ir@macaulegend.com (853) 2822 2211(853) 2822 2266ir@macaulegend.com WEBSITE www.macaulegend.com www.macaulegend.com Corporate Profile Macau Legend Development Limited (the “Company”) was incorporatedunder the laws of the Cayman Islands on 5 October 2006. The Companyacts as an investment holding company. The Company and its subsidiaries(collectively referred to as the “Group”) is one of the leading owners ofentertainment and casino gaming facilities in Macau. The Group currently hasMacau Fisherman’s Wharf operated by MFW Investment (“MFW”), which isa waterfront integrated gaming, hotel, convention and entertainment complexlocated on the Macau Peninsula which follows the “Leisure, Tourism,Economic and Multi-Cultural Diversification” policy of the government of theMacau Special Administrative Region of the People’s Republic of China. (i)(ii) The Group’s businesses include (i) the provision of gaming services toSJM for the operation of Legend Palace Casino; (ii) the operation of hotels,entertainment and leisure facilities within its properties. ManagementDiscussionandAnalysis Management Discussion and Analysis OVERVIEW OF RESULTS A. A.Gaming Services – Discontinued Operations 1 7 5 , 1 0 0 , 0 0 0208,500,00033,400,00016.0% For the six months ended 30 June 2025, the Group achieved a totalreported revenue from gaming services of approximately HK$175.1million, representing a decrease of approximately HK$33.4 millionor approximately 16.0% as compared to