天任集团2025年中期报告

Contents 2Definitions4Corporate Information7Management Discussion and Analysis13Other Information18Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income19Condensed Consolidated Statement of Financial Position21Condensed Consolidated Statement of Changes in Equity22Condensed Consolidated Statement of Cash Flows23Notes to the Condensed Consolidated Financial Statements Definitions Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Leung Yam Cheung(Chairman and CEO)Mr. Leung Wing ChunMr. Leung Chau Ming Non-executive Director Mr. Yau Sheung Hang Independent Non-executive Directors Mr. Tang Tsz TsunMr. Lei NelsonMs. Wu Kin Yi BOARD COMMITTEES Audit Committee Mr. Tang Tsz Tsun(Chairman)Ms. Wu Kin YiMr. Lei Nelson Remuneration Committee Ms. Wu Kin Yi(Chairlady)Mr. Leung Yam CheungMr. Tang Tsz Tsun Nomination Committee Mr. Lei Nelson(Chairman)Mr. Leung Yam CheungMs. Wu Kin Yi Corporate Information Compliance Committee Mr. Leung Yam Cheung(Chairman)Mr. Leung Wing ChunMr. Lei Nelson ESG ESG Committee Mr. Leung Wing Chun(Chairman)Mr. Leung Yam CheungMr. Leung Chau MingMs. Wu Kin Yi COMPANY SECRETARY Mr. Cheng King Yip AUTHORISED REPRESENTATIVES Mr. Leung Yam CheungMr. Cheng King Yip REGISTERED OFFICE IN THE CAYMAN ISLANDS Cricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HEADQUARTER AND PRINCIPAL PLACE OF BUSINESSIN HONG KONG 99-10973 Flat 3, 7/F., Yuen Long Trade Centre99-109 Castle Peak RoadYuen Long, New TerritoriesHong Kong LEGAL ADVISER AS TO CAYMAN ISLANDS LAW Conyers Dill & PearmanPO Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Dill & PearmanCayman Islands attorneys-at-lawPO Box 2681Grand Cayman KY1-1111Cayman Islands Corporate Information PRINCIPAL BANKER 1 Bank of China (Hong Kong) Limited1 Garden RoadHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICEIN THE CAYMAN ISLANDS Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong STOCK CODE 1429COMPANY’S WEBSITEwww.skymission.group 1429 www.skymission.group Management Discussion and Analysis BUSINESS OVERVIEW AND FUTURE PROSPECT 20 The Group is an established formwork subcontractor in Hong Kong withover 20 years of operating history, providing both traditional timber/plywood formwork and aluminium system formwork services. 20283.8201.3274.8 During the six months ended 30 September 2025 (the “Period”), the Grouphad 20 contracts in progress, with revenue recognised of approximatelyHK$283.8 million (30 September 2024: HK$201.3 million). Unrecognisedcontract sum as at 30 September 2025 was approximately HK$274.8million, which is expected to contribute to revenue in the coming financialperiods. Hong Kong’s construction market continued to be affected by a weakresidential property sector during 2025. Softer presales, deferredlaunches and slower project commencements in the private housingsegment reduced the overall tender pipeline. Intense price competitionpersisted, and input costs remained volatile amid labour tightness andsite-specific variations, exerting ongoing pressure on achievable marginsacross the industry. Against this backdrop, the Group’s gross profit margin improved fromapproximately 0.7% for the six months ended 30 September 2024to approximately 2.8% for the Period, supported by prudent projectexecution and tighter cost control. The Group will continue to adopt aprudent approach in tendering, subcontractor management and siteplanning to stabilise margins. 0.7%2.8% Customer settlement timelines continued to be slow and contra chargesremained frequent, which adversely affected operating cash flows andworking capital. The Group will continue to prioritise cash collection,strengthen claims management to mitigate contra charge claim exposures,and maintain close oversight of financing resources to support projectexecution. Looking ahead, the near-term outlook remains challenging. Nevertheless,the current order book can cover part of the operating revenue for thecoming year. The Group will continue to focus on prudent tenderingwith risk-adjusted returns, cost control and subcontractor management,enhanced project planning to reduce variation costs, tighter credit controland cash flow management, and selective pursuit of opportunities todiversify revenue sources. Management Discussion and Analysis FINANCIAL REVIEW Revenue For the Period, the Group recorded revenue of approximately HK$283.8million, representing a increase of about 41.0% comparing with that ofapproximately HK$201.3 million for the six months ended 30 September20