智中国际中期报告2025

(incorporated in the Cayman Islands with limited liability)()Stock Code: 6063 CONTENTSCorporate Information2Management Discussion and Analysis6Unaudited Condensed Consolidated Statementof Profit or Loss and Other ComprehensiveIncome25Unaudited Condensed Consolidated Statementof Financial Position26Unaudited Condensed Consolidated Statementof Changes in Equity28Unaudited Condensed Consolidated Statementof Cash Flows29Notes to the Unaudited Condensed ConsolidatedFinancial Statements30Other Information57 Corporate Information公司資料 BOARD OF DIRECTORSExecutive Directors Mr. Chu Kwok Fun(Chairman and Chief Executive Officer)Mr. Chen Shu An Independent non-executive Directors Ms. Leung Yin FaiMr. Ma Tsz ChunMs. Yuen Wai Yee AUDIT COMMITTEE Mr. Ma Tsz Chun(Chairman)Ms. Leung Yin FaiMs. Yuen Wai Yee REMUNERATION COMMITTEE Ms. Leung Yin Fai(Chairlady)Mr. Chen Shu AnMr. Ma Tsz ChunMs. Yuen Wai Yee NOMINATION COMMITTEE Mr. Chu Kwok Fun(Chairman)Mr. Ma Tsz ChunMs. Leung Yin Fai COMPANY SECRETARY Corporate Information公司資料 AUTHORISEDREPRESENTATIVESMr. Chu Kwok FunMr. Yeung Kin Wa REGISTERED OFFICE INCAYMAN ISLANDS Cricket Square, Hutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands Cricket Square, Hutchins DrivePO Box 2681Grand Cayman KY1-1111Cayman Islands HEADQUARTERS ANDPRINCIPAL PLACE OFBUSINESS IN HONG KONG 3212102–2107 Unit 2102–2107, 21/F, Delta House3 On Yiu StreetShatin, New TerritoriesHong Kong LEGAL ADVISER AS TO HONGKONG LAW 15181801–081810 Stevenson, Wong & Co.Units 1801–08 & 1810, 18/FGloucester TowerThe Landmark15 Queen’s Road CentralHong Kong Corporate Information公司資料 CAYMAN ISLANDS PRINCIPALSHARE REGISTRAR ANDTRANSFER OFFICE ConyersTrustCompany(Cayman)LimitedCricket Square, Hutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands HONG KONG BRANCH SHAREREGISTRAR AND TRANSFEROFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong AUDITOR •8835 Deloitte Touche TohmatsuCertified Public AccountantsRegistered Public Interest Entity Auditor35th Floor, One Pacific Place88 QueenswayHong Kong Corporate Information公司資料 PRINCIPAL BANKERS 1 Bank of China (Hong Kong) Limited1 Garden RoadHong Kong 10835 Dah Sing Bank Limited35th Floor, Everbright Centre108 Gloucester RoadHong Kong The Hongkong and Shanghai BankingCorporation LimitedHSBC Main Building1 Queen’s Road CentralHong Kong 1 www.lotushorizonholdings.com COMPANY WEBSITEwww.lotushorizonholdings.com 6063 Management Discussion and Analysis管理層討論及分析 The board (the “Board”) of directors (the“Directors”) of Lotus Horizon HoldingsL i m i t e d ( t h e “C o m p a n y” ) i s p l e a s e dto present the unaudited consolidatedresults of the Company and its subsidiaries(hereinafter collectively referred to asthe “Group”) for the six months ended30 September 2025, together with thecomparative figures for the correspondingperiod. BUSINESS REVIEW We are a subcontractor engaged in theprovision of design, supply, and installationservices for façade works and building metalfinishing works in Hong Kong. 24732.1314.0120.0 As at 30 September 2025, the Group had24 projects in progress with a total originalcontract sum of approximately HK$732.1million and a total project backlog ofapproximately HK$314.0 million. Totalrevenue of approximately HK$120.0 millionwas recognised for the six months ended30 September 2025. 11106.656 During the six months ended 30 September2025, we were awarded 11 new projectswith a total contract sum of approximatelyHK$106.6 million, out of which 5 projectsbelong to façade works projects and 6projects belong to building metal finishingworks projects. Management Discussion and Analysis管理層討論及分析 OUTLOOK AND PROSPECTS Hong Kong’s construction industry isnavigating a transitional phase marked by aslowdown in growth amid macroeconomicfactors. Private sector property developmentactivities in Hong Kong remain cautious,particularly in commercial developments,leading to restrained number of tendersfor façade and metalwork subcontracts.Although government-led infrastructure andurban renewal projects have provided somesupport to the industry in the near and longterms, existing challenges such as volatilityfrom US Federal Reserve’s interest ratedecisions, geopolitical tensions and record-high office vacancy rates subdue marketdemand, induce keen competition andimpact the profit margin of the industry. Despite the abovementioned challenges, weare confident that the Group can leverage itscompetitive strengths to maintain our marketshare and capture future opportunities.We will maintain a prudent approach tobidding on new projects and keep our costcontrol measures in place. The Board willalso prudently pursue selective investmentopportunities to broaden the Group’sincome base and enhance resilience throughdiversification. Management Discussion and Analysis管