应力控股年度报告 2023

Contents目 錄 2Corporate Information4Chairman’s Statement5Management Discussion and Analysis12Biography of Directors and Senior Management16Corporate Governance Report23Directors’ Report37Independent Auditor’s Report43Consolidated Statement of Comprehensive Income44Consolidated Statement of Financial Position45Consolidated Statement of Changes in Equity46Consolidated Statement of Cash Flows48Notes to the Consolidated Financial Statements139Financial Summary CORPORATE INFORMATION公 司 資 料 董事會（「董事會」） BOARD OF DIRECTORS (THE “BOARD”) 執行董事 Executive Directors Mr. Yip Pak Hung(Chairman)Mr. Wai Yat Kin(Chief Executive Officer) 獨立非執行董事 Independent Non-Executive Directors Ms. Lai Pik Chi, PeggyMr. Lam Chi Wai, PeterDr. Yeung Kit Ming 審核委員會 AUDIT COMMITTEE Ms. Lai Pik Chi, Peggy(Chairman)Mr. Lam Chi Wai, PeterDr. Yeung Kit Ming 提名委員會 NOMINATION COMMITTEE Dr. Yeung Kit Ming(Chairman)Ms. Lai Pik Chi, PeggyMr. Lam Chi Wai, Peter 薪酬委員會 REMUNERATION COMMITTEE Mr. Lam Chi Wai, Peter(Chairman)Ms. Lai Pik Chi, PeggyDr. Yeung Kit Ming 公司秘書 COMPANY SECRETARY Mr. Chan Sun KwongFCPA FCA FCCA FCG HKFCG FCPA FCA FCCA FCG HKFCG 主要銀行 PRINCIPAL BANKERS The Hong Kong and Shanghai BankingCorporation LimitedLevel 10, HSBC Main Building1 Queen’s Road CentralHong Kong 110 Citibank N.A.21/F., Tower 1The Gateway, Harbour CityKowloon, Hong Kong 121 註冊辦事處 REGISTERED OFFICE Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman, KY1-1108Cayman Islands Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman, KY1-1108Cayman Islands 總部及香港主要營業地點 HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 27/F, The Octagon6 Sha Tsui RoadTsuen Wan, New TerritoriesHong Kong 627 香港股份過戶登記分處 HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 慤1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 法定代表 AUTHORISED REPRESENTATIVES Mr. Yip Pak HungMr. Chan Sun Kwong 核數師 AUDITOR 11125 BDO LimitedCertified Public Accountants andRegistered Public Interest Entity Auditor25th Floor, Wing On Centre111 Connaught Road CentralHong Kong 公司網站 www.kpa-bm.com.hk COMPANY’S WEBSITE www.kpa-bm.com.hk 股份代號 STOCK CODE 2663 2663 CHAIRMAN’S STATEMENT主 席 報 告 Dear Shareholders, On behalf of the board of directors (“Board”) of KPa-BM HoldingsLimited (the “Company”), I am pleased to present the annual reportof the Company together with its subsidiaries (the “Group”) for theyear ended 31 March 2023 (the “Year” or “FY2023”). 本公司董 事 會本 集 團本 年 度二 零 二 三 財年 During the Year, the COVID-19 outbreak and disease controlmeasures gradually subsided and operations of the Group resumedto normal. However, the construction market is still faced with anumber of challenges, including competition for manpower, risingmaterial prices, and unstable transportation costs, etc. Fortunately,progress of the Group’s projects picked up and cross-border supplyof materials from the PRC was restored, which helped to lessen thelingering effects of the pandemic and related economic uncertainties. 2019 Looking further ahead, construction projects associated with theLantau Tomorrow Vision and Northern Metropolis development plansare expected to be launched as early as in year 2024, which will be abig dose of stimulus to the local construction market and theeconomy in general. Accordingly, we expect that there will be asteady flow of business opportunities, such as roadways, noisebarriers, building structures, etc. available to the Group in themedium to long term and the prospects of the Group remainpositive. I would like to take this opportunity to express my respect andappreciation to my fellow Board members, management team, staffmembers for their hard work and dedication. I would also like tothank our suppliers, subcontractors, other business partners and,m o s t i m p o r t a n t l y , o u r s h a r e h o l d e r s a n d c u s t o m e r s f o r t h e i rcontinuous support. The Board is pleased to share the Group’s performance with ourshareholders and recommends the payment of a final dividend ofHK3.0 cents per share. 3.0 On behalf of the Board, 葉柏雄 Yip Pak HungChairman and Executive Director Hong Kong, 21 June 2023 MANAGEMENT DISCUSSION AND ANALYSIS管 理 層 討 論 及 分 析 本 年 度二 零 二 三財年上 年 度二 零二二財年 The Board is pleased to present the annual results of the Group forthe year ended 31 March 2023 (the “Year” or “FY2023”), togetherwith the comparative figures for the corresponding year ended 31March 2022 (the “Previous Year” or “FY2022”). 業務活動 BUSINESS ACTIVITIES The Group is principally engaged in (i) provision of structuralengineering works with a focus on design and build projects in HongKong; (ii) supply of building material products together withinstallation services of such products in Hong Kong; and (iii) tradingof building material products predominately in Hong Kong. There hasbeen no significant change in the business operations of the Group.During the Year, the Group recognised revenue from renderingstructur