Financial Performance - The Group reported a profit of approximately HK$17.1 million for FY2022, a significant improvement from a loss of HK$63.6 million in FY2021[15]. - The Group's revenue increased by approximately 10.7% to approximately HK$654.9 million for the year, compared to HK$591.5 million in FY2021, driven by growth in the Environmental Protection Business[93]. - Profit attributable to owners of the Company was approximately HK$5.5 million, a significant recovery from a loss of approximately HK$55.0 million in the prior year[94]. - Basic and diluted earnings per share improved to HK0.53 cents, compared to a loss per share of HK7.24 cents for the prior year[97]. - Other income and gains increased from approximately HK$56.8 million to HK$65.3 million, primarily due to gains from the disposal of assets and reversal of impairment[95]. - Administrative expenses decreased by 15.9% from approximately HK$113.0 million in FY2021 to HK$95.0 million in FY2022[98]. - Finance costs decreased by approximately 45.4% from approximately HK$38.3 million to approximately HK$20.9 million, attributed to a reduction in overall borrowing levels[100]. - The audit opinion for FY2022 indicated that the material uncertainty regarding going concern is no longer applicable due to measures taken to strengthen the financial position[109]. Construction Segment - Revenue from the construction segment was approximately HK$453.1 million, representing a decrease of 10.3% from approximately HK$504.9 million in FY2021[23]. - The overall gross profit margin for the construction business was approximately 10.8%, consistent with the previous year's margin of 10.4%[24]. - Approximately 75.1% of the construction segment revenue was contributed by public sector foundation projects[25]. - Key contributors to the construction revenue included a foundation project in Wang Chiu Road contributing approximately HK$294.3 million and another project in Tuen Mun Hin Fat Lane contributing approximately HK$45.5 million[25]. - The construction segment generated revenue of approximately HK$453.1 million in FY2022, a decrease of 10.3% from HK$504.9 million in FY2021, primarily due to a reduction in the number of large projects undertaken[28]. - The Group completed a total of 6 projects in FY2022, down from 9 projects in FY2021, and secured 6 new projects with an aggregated contract value of approximately HK$118.9 million, significantly lower than HK$523.7 million in FY2021[31]. Environmental Protection Business - Revenue from the Environmental Protection Business increased by approximately 133% to approximately HK$201.8 million in FY2022, compared to approximately HK$86.6 million in FY2021[34]. - Revenue generated from kitchen waste treatment amounted to approximately HK$201.8 million in FY2022, up from approximately HK$61.8 million in FY2021, mainly due to construction revenue from Xuancheng Plant[37]. - The Taiyuan Plant contributed revenue of approximately HK$20.2 million to the Group prior to its disposal, compared to approximately HK$36.3 million in FY2021[38]. - The Hefei Plant's treatment volume decreased to around 160 tons per day since June 2021 due to competition from other plants, but it resumed normal operations after a temporary decline caused by COVID-19[43]. - Hefei Plant recognized a partial reversal of impairment of approximately HK$24,083,000 due to increased demand and selling prices for used cooking oil, a by-product of the plant[44]. - The Xuancheng Plant generated revenue of approximately RMB118,169,000 (approximately HK$144,109,000) from construction activities, with profit of RMB17,725,000 (approximately HK$21,616,000) during the year[52]. Strategic Initiatives and Future Plans - The Company is actively seeking business opportunities in the environmental protection sector, particularly in kitchen waste treatment, driven by new policies under the "14th Five-Year Plan"[17]. - The Group plans to leverage its technical processes in kitchen waste treatment and actively seek partnerships to develop new technologies and business opportunities[89]. - The Group entered into a cooperation agreement for a production and R&D project in Yixing, Jiangsu, with a total investment of approximately US$160 million, of which phase 1 is approximately US$40 million[81]. - The Group established a joint venture, Yisheng Zhihui, with a registered capital of US$10 million, holding a 62.5% stake[72]. - The principal activities of Yisheng Zhihui include sales, manufacturing, and R&D of environmental protection equipment, with plans to bid for a land parcel in Xi'an National Hi-tech Industries Development Zone[69]. Corporate Governance and Compliance - The Company has adopted a compliance manual for corporate governance, ensuring adherence to the CG Code during the year[141]. - The effectiveness of the Company's risk management and internal control systems was reviewed by the Audit Committee[150]. - The Group emphasizes corporate governance and compliance through its independent non-executive directors[169]. - The annual report is accompanied by audited consolidated financial statements, ensuring transparency and accuracy in financial reporting[179]. Market Conditions and Challenges - The overall market is expected to remain volatile due to high commodity prices and rising interest rates[16]. - The construction market in Hong Kong is expected to benefit from government public expenditure commitments, despite challenges from rising material and labor costs[90]. - The resurgence of COVID-19 did not significantly impact the business performance or disrupt construction operations[26]. Financial Position and Capital Management - As of March 31, 2022, the Group had bank balances and cash of approximately HK$117.5 million, up from approximately HK$66.7 million a year earlier[102]. - Total interest-bearing loans decreased to approximately HK$80.8 million from approximately HK$150.9 million as of March 31, 2021[103]. - The gearing ratio improved to approximately 42.3% as of March 31, 2022, compared to approximately 150.2% as of March 31, 2021, primarily due to a decrease in overall borrowings[110]. - The group pledged assets, including property, plant, and equipment with carrying values of approximately HK$45.3 million as of March 31, 2022, down from approximately HK$84.4 million as of March 31, 2021[111].

NUT 創業集團(控股)有限公司 NEW CONCEPTS HOLDINGS LIMITED (Incorporated in the Cayman Islands with Iimited liability) ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) Stock Code 股份代號：2221 202 " 中期報告 INTERIM REPORT 43 IIIIIIIII IIIIII HIHHHHHHHHHHHHHHHHH l CONTENTS 目錄 Corporate Information 公司資料 2 Management Discussion and Analysis 管理層討論及分析 5 Unaudited Condensed Consolidated Statement of Profit or Loss 未經審核簡明綜合損益表 39 Unaudited Condensed Consolidated Statement of Other Comprehensive Income 未經審核簡明綜合其他全面收益表 40 Unaudited Condensed Consolida ...

創業集團(控股)有限公司 NEW CONCEPTS HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） Stock Code 股份代號：2221 ANNUAL REPORT 年報 202 CONTENTS 101 102 105 107 | --- | --- | --- | |--------------------------------------------------------|-------|-----------------------------------------------| | | | | | | | | | | | | | Corporate Information | | Consolidated Statement of | | 公司資料 Chairman's Statement | 2 4 | Comprehensive Income 綜合全面收益表 | | 主席報告 Management Discussion ...

2020 Interim Report 0ff 中 期 報 → 88 t 4 0 0 創業集團(控股)有限公司 NEW CONCEPTS HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) Stock Code 股份代號：2221 CONTENTS 目錄 | --- | --- | |-----------------------------------------------------------------------------------------------------------|-------| | | | | Corporate Information 公司資料 | 2 | | Management Discussion and Analysis 管理層討論及分析 | 5 | | Unaudited Condensed Consolidated Statement of Profit or Loss 未經審核簡明綜合損益表 | ...

創 業 集 團 ( 控 股 ) 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) Stock Code 股份代號：2221 | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | CONTENTS 目錄 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | Corp ...

NIT 創業集團(控股)有限公司 NEW CONCEPTS HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) Stock Code 股份代號：2221 ANNUAL REPORT # 2019 CONTENTS 目錄 | --- | --- | --- | |-------------------------------------------------------------------------------------------|-------|------------------------------------------------------| | | | | | Corporate Information 公司資料 | 2 | Consolidated Statement of Financial Position | | Chairman's Statement 主席報告 | 4 | 綜合財務狀況表 Consolidat ...