中国资源交通中期报告 2025

INTERIM REPORT2025 Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Lu Zhiming(Co – Chairman)Mr. Gao Zhiping(Co – Chairman & Chief Executive Officer)Mr. Jiang TaoMr. Duan JingquanMr. Wang Gang Independent Non-executive Directors 20251015 Mr. Jing BaoliMr. Xue BaozhongMs. Huang ChunlianMr. Bao Liang Ming(resigned on 15 October 2025) Audit Committee 20251015 Ms. Huang Chunlian(Chairlady)Mr. Jing BaoliMr. Xue BaozhongMs. Xu Hui(Chairlady)Mr. Bao Liang Ming(resigned on 15 October 2025) Remuneration Committee 20251015 Mr. Jing Baoli(Chairman)Mr. Xue BaozhongMs. Huang ChunlianMr. Gao ZhipingMr. Bao Liang Ming(resigned on 15 October 2025) Nomination Committee 20251015 Mr. Gao Zhiping(Chairman)Mr. Jing BaoliMr. Xue BaozhongMs. Huang ChunlianMr. Bao Liang Ming(resigned on 15 October 2025) Corporate Information COMPANY SECRETARY Miss Sharon Ngan AUDITOR McMillan Woods (Hong Kong) CPA Limited LEGAL ADVISOR Ngans Lawyers LLP PRINCIPAL BANKERS Bank of China (Hong Kong) LimitedThe Bank of East Asia Limited REGISTERED OFFICE JTC (Cayman) Limited94 Solaris Avenue 2nd FloorCamana BayP.O. Box 30745Grand Cayman KY1-1203Cayman Islands JTC (Cayman) Limited94 Solaris Avenue 2nd FloorCamana BayP.O. Box 30745Grand Cayman KY1-1203Cayman Islands PRINCIPAL PLACE OF BUSINESS 14522 22/F, On Hong Commercial Building145 Hennessy RoadWan ChaiHong Kong SHARE REGISTRARS & TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong STOCK CODE AT HONG KONG STOCKEXCHANGE 269 269 COMPANY WEBSITE http://www.crtg.com.hk http://www.crtg.com.hk HIGHLIGHTS 20259 30323,908,000300,003,000 •Unaudited revenues for the six months ended 30 September2025 amounted to approximately HK$323,908,000 derivedfrom toll income from toll road operations, whereas anunaudited revenues of approximately HK$300,003,000 derivedfrom toll income from toll road operations was recorded in thecorresponding period of last year. •20259 30231,738,00020249 30221,341,000 •The Group recorded an unaudited EBITDA (defined as earningsbefore finance cost, income tax, depreciation, gain on debtrestructuring, amortisation and non-cash changes in values ofassets and liabilities) of approximately HK$231,738,000 for thesix months ended 30 September 2025, whereas an unauditedEBITDA of approximately HK$221,341,000 was recorded forthe six months ended 30 September 2024. •2 0 2 593 083,395,000109,833,000 •Unaudited net loss attributable to owners of the Companyfor the six months ended 30 September 2025 amountedtoapproximately HK$83,395,000,whereas the net lossattributable to owners of the Company was approximatelyHK$109,833,000 in the corresponding period of last year. •20259 3020249 30 •The directors of the Company did not declare any dividend forthe six months ended 30 September 2025 (six months ended30 September 2024: HK$Nil). INTERIM RESULTS 20259 3020259 30 The board of directors (the“Board”) of China Resources andTransportation Group Limited (the“Company”) announces theunaudited consolidated results of the Company and its subsidiaries(the “Group”) for the six months ended 30 September 2025 and theunaudited consolidated statement of financial position of the Groupas at 30 September 2025. Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 20259 30For the six months ended 30 September 2025 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 20259 30For the six months ended 30 September 2025 Condensed Consolidated Statement of Financial Position 20259 30As at 30 September 2025 Condensed Consolidated Statement of Financial Position 20259 30As at 30 September 2025 Condensed Consolidated Statement of Changes in Equity 20249 30For the six months ended 30 September 2025 (i)The capital reserve represented capitalisation of payables to non-controlling interests. (ii)In accordance with the relevant regulations in the People’s Republic ofChina (the “PRC”), the Company’s subsidiary established in the PRCis required to transfer a certain percentage of its profits after tax toreserve funds. Subject to certain restrictions set out in the relevant PRCregulations and in the subsidiary’s articles of association, the reserve fundsmay be used either to offset losses, or for capitalisation by way of paid-upcapital. (iii)The translation reserve represents all exchange differences arising from thetranslation of financial statements of operations outside Hong Kong. Condensed Consolidated Statement of Cash Flows 20259 30For the six months ended 30 September 2025 Notes to the Unaudited Condensed Interim Consolidated Financial Statements 1. 1.BASIS OF PREPARATION 20225 1020239 2620259 30() On 10 May 2022, the Court accepted the restructuring applicationfiled against the main operating subsidiary of the Group, InnerMongolia Zhunxing Heavy Haul Expressway Company Limited*(“Zhunxing”), byChina Development Bank. The restructurin