现恒建筑2025/2026年报

Corporate Information as at 31 March 2026 執行董事 BOARD OF DIRECTORSExecutive Directors Lau Pak ManCheng Wing CheongKwan Kit Sum Kit 獨立非執行董事 Independent Non-Executive Directors Leung Chi KinLam Chi Hung LouisMok Kam Sheung AUDIT COMMITTEE Leung Chi KinLam Chi Hung LouisMok Kam Sheung REMUNERATION COMMITTEE Mok Kam SheungKwan Kit Sum KitLeung Chi Kin NOMINATION COMMITTEE Lam Chi Hung LouisCheng Wing CheongMok Kam Sheung SUSTAINABILITY COMMITTEE Kwan Kit Sum KitLeung Chi KinLam Chi Hung LouisMok Kam Sheung AUTHORISED REPRESENTATIVESKwan Kit Sum KitWong Sin Yi Reginia COMPANY SECRETARYWong Sin Yi Reginia AUDITOR KPMGPublic Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance Corporate Information (continued) PRINCIPAL BANKERS Bank of China (Hong Kong) LimitedWing Lung Bank LimitedThe Hongkong and Shanghai BankingCorporation Limited REGISTERED OFFICE Windward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Windward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands HEADQUARTERS AND PRINCIPAL PLACEOF BUSINESS IN HONG KONG 526 26/F, Park Avenue Tower5 Moreton TerraceCauseway BayHong Kong HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17th Floor, Far East Finance Centre,No.16 Harcourt Road,Hong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Ocorian Trust (Cayman) Ltd.Windward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) Ltd.Windward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands www.inconstruction.hk WEBSITEwww.inconstruction.hk 1500 STOCK CODEHong Kong Stock Exchange 1500 Chairman’s Statement To our Shareholders, 20263 312025/26 On behalf of the Board of Directors (the “Board”), I ampleased to present the annual report of In ConstructionHoldings Limited (the “Company”) and its subsidiaries(collectively, the “Group”) for the year ended 31 March 2026(the “Financial Year 2025/26”). The Group is committed to creating economic and sustainablevalue while providing timely services to our customers inHong Kong. Leveraging our past experience, technicalexpertise, quality control and established procedures, theGroup’s management team has applied its capabilitiesto address challenges and increasingly complex issues onconstruction sites, thereby continuing to receive supportfrom our past and present clients, consultants and businessassociates. 環境、社會及管治與創新 Environmental, Social and Governance (ESG)and Innovation B1002025/26CITF1.07 During the year, mindful of our ESG responsibilities and withthe encouragement of our clients, we continued to deploy“B100 Biodiesel” generators in our plants and machinery onongoing project to reduce carbon monoxide and particulatematter emissions. Furthermore, through the adoption ofinnovative construction methods and technologies, theGroup successfully obtained a grant of HK$1.07 million fromthe Construction Innovation and Technology Fund (“CITF”)during the Financial Year 2025/26. 財務表現及項目進度 Financial Performance and Project Progress 2025/26 During the year, the Group successfully turned loss intoprofit. This was primarily attributable to an increase ingross profit generated from major projects undertaken bythe Group where these projects reached advance stage ofcompletion during the Financial Year 2025/26. Moreover, theGroup succeeded in obtaining extensions of time from ouremployers by substantiating that the delays were beyond theGroup’s control as a contractor, which was duly consideredby the architects. Chairman’s Statement (continued) 市場環境及新獲批合約 Market Environment and New Contract Awards 20243.7%20250.7%2025/262024/25 Growth in Hong Kong’s construction industry is expectedto slow from 3.7% in 2024 to 0.7% in 2025, with theindustry’s performance affected by factors such as a weakhousing market, high inflation and a high fiscal deficit. As aresult, no new contracts were awarded to the Group duringthe Financial Years 2025/26 and 2024/25. The Group willcontinue to use its best endeavours in tendering for projectswith good potential, while focusing its resources on resolvingissues encountered in ongoing projects and finalising theaccounts of completed projects. 展望 Outlook Since late 2025, we noticed that more development projectsare calling for foundation works tenders. We are thereforecautiously optimistic that the industry might be turning thecorner into 2026, albeit still weak and uncertain. The Groupwill continue to adhere to its strategy of focusing on “designand build” projects to maintain profit margins and safeguardthe interests of our shareholders. 20252026 致謝 Acknowledgment On behalf of the Board, I would like to express our sinceregratitude to the Group’s management team and all ourstaff for their hard work and dedication, as well as to ourshareholders, business partners and other professional partiesfor their con