义合控股2025/2026年报

CONTENTS 2Corporate Information4Chairman’s Statement6Management Discussion and Analysis22Corporate Governance Report44Profiles of Directors and Senior Management51Report of Directors76Independent Auditor’s Report83Consolidated Statement of Profit or Loss andOther Comprehensive Income84Consolidated Statement of Financial Position86Consolidated Statement of Changes in Equity88Consolidated Statement of Cash Flows90Notes to the Consolidated Financial Statements201Five Year Financial Summary202Glossary Corporate Information DIRECTORS Executive Directors: Mr. JIM Yin Kwan Jackin (Chairman)Mr. CHUI Mo Ming (Vice-chairman)Mr. YAN Chi Tat (Chief Executive Officer)Mr. LEUNG Hung Kwong Derrick 頴 Non-executive Director:Ms. LEE Sze Wing Mabel Independent Non-executive Directors: 2025917202591720259172025917 Mr. LEE Luk ShiuMr. PANG Chi Shing (appointed on 17 September 2025)Mr. WONG Antony (appointed on 17 September 2025)Mr. YU Hon Kwan (retired on 17 September 2025)Mr. WONG Chi Keung Johnny (retired on 17 September 2025) AUDIT COMMITTEE 2025917202591720259172025917 Mr. LEE Luk Shiu (Chairman)Mr. PANG Chi Shing (appointed on 17 September 2025)Mr. WONG Antony (appointed on 17 September 2025)Mr. YU Hon Kwan (retired on 17 September 2025)Mr. WONG Chi Keung Johnny (retired on 17 September 2025) NOMINATION COMMITTEE 2025917202591720259172025917頴 Mr. PANG Chi Shing (Chairman)(appointed on 17 September 2025)Mr. YU Hon Kwan (retired on 17 September 2025)Mr. JIM Yin Kwan JackinMr. WONG Chi Keung Johnny (retired on 17 September 2025)Mr. WONG Antony (appointed on 17 September 2025)Mr. LEE Luk ShiuMs. LEE Sze Wing Mabel REMUNERATION COMMITTEE 2025917202591720259172025917 Mr. PANG Chi Shing (Chairman)(appointed on 17 September 2025)Mr. YU Hon Kwan (retired on 17 September 2025)Mr. JIM Yin Kwan JackinMr. WONG Antony (appointed on 17 September 2025)Mr. WONG Chi Keung Johnny (retired on 17 September 2025)Mr. LEE Luk Shiu COMPANY SECRETARY Mr. CHONG Man Hung Jeffrey AUTHORISED REPRESENTATIVES Mr. YAN Chi TatMr. CHONG Man Hung Jeffrey Corporate Information INDEPENDENT AUDITORSSHINEWING (HK) CPA Limited Windward 3 REGISTERED OFFICE IN THE CAYMAN ISLANDSWindward 3 Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 191104–06 Units 1104–06Nan Fung Commercial Centre19 Lam Lok StreetKowloon BayHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN THE CAYMAN ISLANDS Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFEROFFICE IN HONG KONGTricor Investor Services Limited 1617 17/F., Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKERS DBS Bank (Hong Kong) LimitedThe Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank LimitedChong Hing Bank Limited www.yee-hop.com.hk COMPANY WEBSITEwww.yee-hop.com.hk STOCK CODE01662 Chairman’s Statement Dear Shareholders 2026331 On behalf of the Board, I am pleased to present the annual report ofthe Group for the year ended 31 March 2026. (i)(ii)(iii) The Group is principally engaged in (i) the provision of foundation(includingthe construction of mini-piles,rock-socketed steelH-piles and driven steel H piles) and other civil works (including siteformation works, and road and pavement works) and tunnelingworks (including pipe jacking, hand dig tunnel and cut-and-covertunnelworks)in Hong Kong,(ii)premises revitalisation andenhancement business in the PRC and (iii) health and environmentalinnovations business. The Group has also invested in an associate for the purpose of thedevelopment of the Birmingham Property Project. The BirminghamProperty Project consists of 304 residential apartments situated atthe Windmill Street, Birmingham, the United Kingdom. As at 31March 2026, about 96.4% of the apartments have been sold. Windmill Street304202633196.4% RESULT SUMMARYDuring the 2026 Financial Year, the Group recorded a consolidated 2026881.3202520.5%157.4202514.8%30.0202524.7%20260.0620250.08222.6 revenue of approximately HK$881.3 million, representing a decreaseof 20.5% from the 2025 Corresponding Year. Gross profit of theGroup amounted to HK$157.4 million, an increase of 14.8% fromthe 2025 Corresponding Year. Profit attributable to owners ofCompany amounted to HK$30.0 million representing a decreaseof 24.7% as compared to that in the 2025 Corresponding Year.Earnings per share was HK$0.06 for the 2026 Financial Yearcomparing with HK$0.08 for the 2025 Corresponding Year. TheGroup maintains a healthy financial position with net current assetsof HK$222.6 million and net cash position at the financial year end. With the dedicated support of our staff and customers, the Grouphas been awarded 9 contracts with original cont