星谦发展二零二六年中期报告

Incorporated in the Cayman Islands with limited liabilityCompany Registration No.Hong Kong Stock CodeSingapore Stock Code 2026Interim Report CONTENTS Pages 2619252728 Corporate InformationManagement Discussion and AnalysisCorporate Governance and Other InformationIndependent Review ReportCondensed Consolidated Statement of Profit or LossCondensed Consolidated Statement of Profit or Loss andOther Comprehensive IncomeCondensed Consolidated Statement of Financial PositionCondensed Consolidated Statement of Changes in EquityCondensed Consolidated Statement of Cash FlowsNotes to the Condensed Consolidated Financial Statements 29313235 CORPORATE INFORMATION DIRECTORS Stephen Graham Prince Executive DirectorsMr. Ieong Un(Chairman and Chief Executive Officer)Mr. Ip Ka LunMr. Stephen Graham Prince Independent Non-executive Directors Ms. Li Sin Man(Lead Independent Non-executive Director)Mr. Tay Peng HuatMs. Lau Jeny(appointment with effect from 30 January 2026)Mr. Chin Tak Fat(appointment with effect from 30 January 2026)Mr. Chan Wing Yau George(retirement with effect from 29 January 2026)Mr. Simon Luk(retirement with effect from 29 January 2026) AUDIT COMMITTEE Ms. Li Sin Man(Chairlady)Mr. Tay Peng HuatMs. Lau Jeny(appointment with effect from 30 January 2026)Mr. Chin Tak Fat(appointment with effect from 30 January 2026)Mr. Chan Wing Yau George(cessation with effect from 29 January 2026)Mr. Simon Luk(cessation with effect from 29 January 2026) NOMINATION COMMITTEE Ms. Lau Jeny(Chairlady)(appointment with effect from 30 January 2026)Mr. Ip Ka LunMs. Li Sin ManMr. Tay Peng HuatMr. Chin Tak Fat(appointment with effect from 30 January 2026)Mr. Simon Luk(Chairman)(cessation with effect from 29 January 2026)Mr. Chan Wing Yau George(cessation with effect from 29 January 2026) CORPORATE INFORMATION REMUNERATION COMMITTEE Mr. Chin Tak Fat(Chairman)(appointment with effect from 30 January 2026)Ms. Li Sin ManMr. Tay Peng HuatMs. Lau Jeny(appointment with effect from 30 January 2026)Mr. Chan Wing Yau George(Chairman)(cessation with effect from 29 January 2026)Mr. Simon Luk(cessation with effect from 29 January 2026) COMPANY SECRETARY Mr. Chan Kong Wang(appointment with effect from 6 March 2026)Mr. Shum Hoi Luen(resignation with effect from 6 March 2026) AUTHORISED REPRESENTATIVES Mr. Ip Ka LunMr. Chan Kong Wang(appointment with effect from 6 March 2026)Mr. Shum Hoi Luen(resignation with effect from 6 March 2026) INDEPENDENT AUDITOR (For the reporting under the Listing Rules ofThe Stock Exchange of Hong Kong Limited)RSM Hong KongCertified Public Accountants(Public Interest Entity Auditor registered in accordance with theAccounting and Financial Reporting Council Ordinance)Partner-in-charge: Wong Tak Man, Stephen REGISTERED OFFICE P.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand CaymanKY1-1205Cayman Islands P.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand CaymanKY1-1205Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG 133222201–2202 Units 2201–2202, 22/FAlliance Building133 Connaught Road CentralHong Kong CORPORATE INFORMATION 202A–24616A–D HEAD OFFICE OF THE GROUP Rua de Pequim No. 202A–246Macau Finance Centre16 Andar A–D, Macau LEGAL ADVISER CLKW Lawyers LLP16-181191901A 1902 1902A As to Hong Kong lawsMichael Li & Co.(in association with CLKW Lawyers LLP)1901A, 1902 & 1902A, 19/FNew World Tower I16-18 Queen’s Road CentralCentral, Hong Kong CONTINUING SPONSOR AS TO CATALIST LISTING 3#24-02068805 Xandar Capital Pte. Ltd.3 Shenton Way#24-02 Shenton HouseSingapore 068805 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand CaymanKY1-1205Cayman Islands Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand CaymanKY1-1205Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong SINGAPORE BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE Tricor Barbinder Share Registration ServicesTricor Singapore Pte. Ltd.9 Raffles Place#26-01, Republic PlazaSingapore 048619 Tricor Barbinder Share Registration Services(a division of Tricor Singapore Pte. Ltd.)9 Raffles Place#26-01, Republic PlazaSingapore 048619 CORPORATE INFORMATION PRINCIPAL BANKERS Banco Tai Fung, S.A.R.L., MacauThe Bank of East Asia, Ltd., MacauThe Hongkong and Shanghai Banking Corporation Limited, MacauDBS Bank (Hong Kong) Limited (Macau Branch)Citibank, N.A., Hong KongBank of China (Hong Kong) Limited 640ZBA STOCK CODESSEHK: 640SGX: ZBA www.infinitydevelopment.com.hk CORPORATE WEBSITEwww.infinitydevelopment.com.hk MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL REVIEW R E V I E WO F C O N D E N S E D C O N S O L I D AT E DSTATEMENT OF PROFIT OR LOSS Revenue 401,544,000409,306,0001.9% The revenue of the Group for the six months ended 31 March 2026and 2025 were approximately H