润利海事2023中期报告

Corporate Information2Management Discussion and Analysis4Other Information11Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income21Condensed Consolidated Statement ofFinancial Position22Condensed Consolidated Statement ofChanges in Equity24Condensed Consolidated Statement of Cash Flows25Notes to the Condensed ConsolidatedFinancial Statements27 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Wen Tsz Kit Bondy(Chairman and Chief Executive Officer)Ms. Chan Sau Ling Amy Independent Non-Executive DirectorsMs. Chan Hei TingMs. Hong TingMr. Ng Simon (appointed on 12 May 2023) AUDIT COMMITTEE Ms. Hong Ting(Chairwoman)Ms. Chan Hei TingMr. Ng Simon (appointed on 12 May 2023) REMUNERATION COMMITTEE Ms. Chan Hei Ting(Chairwoman)Ms. Hong TingMr. Ng Simon (appointed on 12 May 2023) Mr. Wen Tsz Kit Bondy (resigned on 12 May 2023) NOMINATION COMMITTEE Mr. Ng Simon(Chairman)(appointed on 12 May 2023) Mr. Wen Tsz Kit Bondy(Chairman)(resigned on 12 May 2023) Ms. Chan Hei TingMs. Hong Ting COMPANY SECRETARY Mr. Lo Kwun Kit (appointed on 30 October 2023) Mr. Mui Yuk Wah (resigned on 30 October 2023) AUTHORISED REPRESENTATIVESMr. Wen Tsz Kit BondyMs. Chan Sau Ling Amy REGISTERED OFFICE IN CAYMAN ISLANDS 89 Nexus Way, Camana BayGrand Cayman, KY1-9009Cayman Islands 89 Nexus Way, Camana BayGrand Cayman, KY1-9009Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS IN HONG KONG 1031D Flat D, 31/F., Billion Plaza II10 Cheung Yue StreetCheung Sha WanKowloonHong Kong AUDITOR Deloitte Touche TohmatsuRegistered Public Interest Entity Auditors LEGAL ADVISERS AS TO HONG KONG LAWSAngela Ho & Associates CAYMAN ISLANDS PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE Ogier Global (Cayman) Limited89 Nexus WayCamana BayGrand Cayman, KY1-9009Cayman Islands Ogier Global (Cayman) Limited89 Nexus WayCamana BayGrand Cayman, KY1-9009Cayman Islands BRANCH SHARE REGISTRAR AND TRANSFER OFFICE IN HONG KONG 18354 Tricor Investor Services LimitedLevel 54, Hopewell Centre183 Queen’s Road EastHong Kong PRINCIPAL BANKS DBS Bank (Hong Kong) LimitedBank of Communications (Hong Kong) Limited 2682 STOCK CODEHong Kong Stock Exchange: 2682 www.yunlee.com.hk COMPANY WEBSITEwww.yunlee.com.hk MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW 20(i)(ii)(iii)(i)(ii)(iii)(i) 57(ii) The board (the “Board”) of directors (the “Directors”) of Yun LeeMarine Group Holdings Limited (the “Company”), together with itssubsidiaries (collectively, the “Group”) is pleased to announce theunaudited condensed consolidated interim results of the Groupfor the six months ended 30 September 2023 (the “Period”). TheGroup is a maritime services provider in Hong Kong with over 20years of operating history. The principal activities of the Groupare provision of (i) vessel chartering and related services; (ii) shipmanagement; and (iii) marine construction services in Hong Kong.The Group’s vessel chartering and related services include (i) timecharter services; (ii) voyage charter services; and (iii) other relatedservices, such as provision of crew members, maritime consultationservices and vessel repair and maintenance services etc.. TheGroup provided its time charter and voyage charter servicesthrough its vessel fleet, which comprises (i) 57 self-owned vessels;and (ii) vessels chartered from third-party vessel suppliers fromtime to time. The Group’s marine construction services includemarine construction and engineering services provided mainly toconstractors for marine construction projects in Hong Kong. During the Period, the Group provided its vessel chartering andrelated services mainly to the marine construction contractorsof several marine infrastructure projects in Hong Kong, includingthe Three-Runway System project in the Hong Kong InternationalAirport, the Integrated Waste Management Facilities Phase 1project in Shek Kwu Chau, and Hong Kong offshore LNG Terminalproject. BUSINESS PROSPECT 540 As there are numbers of high-profile development projects andinfrastructure projects related to marine construction works initiatedby the government of Hong Kong which reached their final stagein recent years, management of the Group expects the demand ofthe Group’s vessel chartering and related services for these marineconstruction projects would diminish gradually. On the other hand,for marine construction services, the Acquisition allows the Groupto capitalise on the majority of the duration and revenue of two-subcontract marine construction agreements (the “Sub-contracts”)with contract sum of approximately HK$540 million, providing theGroup with a long-term, stable and major customer until March2027 which are expected to contribute to the Group’s revenuein the future. The Group will continue to invest in its vessel fleetand identify other opportunities in order to capture such businessopportunities. Overall speaking, the revenue and profits from the Group’s shipmanagement and marine construction busin