嘉创地产2025/26 中期报告

CORPORATE INFORMATION REGISTERED OFFICE Cricket Square, Hutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands Cricket Square, Hutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS 611–6199C Block C, 9th FloorSoutheast Industrial Building611–619 Castle Peak RoadTsuen WanNew TerritoriesHong Kong www.krpd.com.hk WEBSITEwww.krpd.com.hk DIRECTORS Executive DirectorsMr. HO Man Chung(Chief Executive Officer)Mr. HO Wai Hon, BrianMs. YIU Yuet FungMr. ZHU Nianhua Non-executive DirectorsMr. HO Cheuk Fai (Chairman)Ms. HO Man Yiu Independent Non-executive DirectorsMr. CHOI Wai HinMr. YAM Chung ShingMs. LEUNG Man Lai, Lily AUDIT COMMITTEE Mr. CHOI Wai Hin(Chairman)Mr. YAM Chung ShingMs. LEUNG Man Lai, Lily REMUNERATION COMMITTEE Mr. YAM Chung Shing(Chairman)Mr. HO Wai Hon, BrianMr. CHOI Wai Hin NOMINATION COMMITTEE Mr. YAM Chung Shing(Chairman)Mr. CHOI Wai HinMr. HO Wai Hon, BrianMs. LEUNG Man Lai, Lily COMPANY SECRETARYMr. WONG Ho Kwan AUDITOR 1842 Forvis Mazars CPA LimitedCertified Public AccountantsPublic Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance42/F, Central Plaza18 Harbour RoadWanchai, Hong Kong LEGAL ADVISER Bird & Bird6/F, The Annex, Central Plaza18 Harbour RoadHong Kong 186 PRINCIPAL BANKERS Hang Seng Bank LimitedThe Bank of East Asia, LimitedAgricultural Bank of China LimitedDongguan Rural Commercial Bank Co., Ltd PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Conyers Trust Company (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 SHARE REGISTRAR ANDTRANSFER OFFICE 183171712–1716 Computershare Hong Kong Investor Services LimitedRooms 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchai, Hong Kong KRP Development Holdings Limited UNAUDITED CONDENSED CONSOLIDATED STATEMENT OFPROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the six months ended 30 September 2025(Expressed in Renminbi (“RMB”)) UNAUDITED CONDENSED CONSOLIDATED STATEMENT OFPROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the six months ended 30 September 2025(Expressed in RMB) UNAUDITED CONDENSED CONSOLIDATED STATEMENT OFFINANCIAL POSITION As at 30 September 2025(Expressed in RMB) UNAUDITED CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY For the six months ended 30 September 2025(Expressed in RMB) 9,359,000 A final dividends of approximately RMB9,359,000 for the year ended31 March 2024 was approved and paid during the six months ended30 September 2024. UNAUDITED CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY(continued) (Expressed in RMB)For the six months ended 30 September 2025 UNAUDITED CONDENSED CONSOLIDATED CASH FLOWSTATEMENT For the six months ended 30 September 2025(Expressed in RMB) UNAUDITED CONDENSED CONSOLIDATED CASH FLOWSTATEMENT(continued) For the six months ended 30 September 2025(Expressed in RMB) NOTES TO THE UNAUDITEDCONDENSED CONSOLIDATEDINTERIM FINANCIAL REPORT 1GENERAL INFORMATION 1 KRP Development Holdings Limited (the “Company”)w a si n c o r p o ra t e d i n t h e C a y m a n I s l a n d s o n 2September 2020 as an exempted company with limitedliability under the Companies Act, Cap. 22 (Law 3 of1961, as consolidated and revised) of the CaymanIslands. 223 The shares of the Company have been listed on theMainBoard of The Stock Exchange of Hong KongLimited (the “Stock Exchange”) with effect from 23March 2023. The Company is an investment holding company. TheCompany and its subsidiaries (together, the “Group”)areprincipally engaged in development and salesof residential properties in Dongguan, Huizhou andFoshan in Chinese Mainland. 2 2BASIS OF PREPARATION 34 T h eunau dite d c o n d ens e d c o ns olida te d in terimf i n a n c i a ls t a t e m e n t s( t h e“I n t e r i m F i n a n c i a lStatements”)have been prepared in accordancewith the Hong Kong Accounting Standard (“HKAS”) 34“Interim Financial Reporting”as issued by the HongKong Institute of Certified Public Accountants (the“HKICPA”) and the applicable disclosure provisionsto the Rules Governing the Listing of Securities on theStock Exchange (the “Listing Rules”). 34 The preparation of the Interim Financial Statementsin conformity with HKAS 34 requires the managementto make judgements, estimates and assumptions thataffect the application of policies and reported amountsof assets and liabilities, income and expenses on ayear-to-datebasis.Actual results may differ fromtheseestimates.The Interim Financial Statementsinclude an explanation of events and transactions thatare significant to an understanding of the changesin financial position and performance of the Groupsince 31 March 2025, and therefore, do not include allof the information required for a full set of financialstatements prepared in accordanc