锦兴国际控股二零二五年年报

: 02307 2025 3 3TML23A Conyers Trust Company (Cayman) LimitedCricket Square,Hutchins Drive,P.O. Box 2681,Grand Cayman KY1-1111,Cayman Islands 1617 02307 Cricket SquareHutchins Drive,P.O. Box 2681,Grand Cayman KY1-1111,Cayman Islands www.kamhingintl.com (1)EBITDA(2)1,800,000(3)32,600,0007,300,000(4)51,600,00025,500,000 3,685,900,000107,400,000 COVID-19 90.30 3.6%3,685,900,0009.9%380,600,000107,400,00028,200,00012.351,600,00025,500,000 75.6%24.4% ++ 10,755,49183,892,0004,347,89433,913,0006,407,59749,979,000 0.1%885,900,00029.0%40,200,000 3.2%2.9% ++ 3,685,900,0003.6%3,824,300,0008.2%2,788,200,0003,038,200,00014.2%897,600,000786,100,000 380,600,0009.9%422,400,00010.3%11.0% 27.6%41,700,00057,600,000 125,900,000109,400,000 275,200,000282,900,000 121,000,000100,00031,200,00026,000,00051,600,000202425,500,0002024 107,400,00028,200,00051,600,00025,500,000 886,100,000683,600,000665,900,000672,800,0001.71.5 885,900,000886,900,00039.7%37.3% 52.648.388.292.069.669.0 3,389,500,0003,647,900,0001,166,400,0001,213,700,000 509,000,000189,900,000 0.7 81.5%82.4% 207,500,00091,600,00085.4%83.2% 28,600,00013,000,000176,200,000176,200,000 3,2403,6383,5183,356361187 485 81.8%82.3%39.7%42.4% 73.3%76.3%99.0%74.4% 5% 10,755,49183,892,0004,347,89433,913,0006,407,59749,979,000 22,093,00035,971,00078,047,000110,523,0001,300,000 C12 C3 2528 14 C.1.4 3.10(1)(2)3.10A 3.13 3.283.29 17 2,000,0009817 (7)(2)28.6%71.4% 1. 3.13 2. 57.1%42.9% 3. 143 4. 5. 6. 52.2% 4,100,000500,0003640 ––––– XIVA (i)(ii)(iii) (i)(ii)(iii)(iv)(v)www.kamhingintl.com 58(2)(21) 3TML23A(i)(ii)13.51(2) 1617 3TML23A(www.kamhingintl.com)(852) 2408 1891(852) 24060080 (i)(ii)(iii) 6430252008The University of West Alabama (Regional University)Exceed Standard Limited 703025PowerStrategy Limited 6220 6420 49 06590017071106970610 6425 60ESG• 1099160142514186885 612516 57Kam Hing Piece Works (S) Pte LimitedSociety of Business Practitioners, Cheshire20 45Sydney Institute of Business and Technology 6230 5315 5425 38 31The University of ManchesterUniversity of Nottingham 42 42 5781389124034136 41134 0.76,089,000 136 221,038,810,0001,038,810,000848,112,000 1,005,000 40.5%41.1%18.5%17.8%27.7%25.7%6.5%6.7% 87(1) 2528 36 XV352 1.332,600,000Exceed Standard LimitedExceed Standard1,000,000 2.96,000,000Power Strategy LimitedPower Strategy1,000,000 3. 352 31 1617 363614A XV23 XV23 Exceed StandardPower Strategy 336 25% 41134 • • • • • P07059 97927 1. 22 3TML23A42 2. 2.1 (a) (b) (c) 2. 2.1 2.2 21 21 718183637 2. 2.3 18219297197110283212111791071 123 18111818818733341818 2. 2.3 191019(i)19(ii)(iii)181919 97 9797 102810281028 2. 2.3 212934 111779107 •77B387IG1IG14IG20B77 •993.3.316995.1.39A •1010B74B73 •737 2. 2.4 20% 2. 2.4 2. 2.4 ––– 2. 2.4 (a) (i)(ii)(iii) (b) (i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) 2. 2.4 5%20%10%12%20%20% 2. 2.4 16 30 2. 2.4 (a) 350252107 2. 2.4 (b) (c) 12 2. 2.4 15 2. 2.4 ••(a)(b) 2. 2.4 1212 30 90 2. 2.4 1–122–3– 2. 2.4 2. 2.4 2. 2.4 •• •• 2. 2.4 15 2. 2.4 5 2. 2.4 2. 2.4 3. (1)(2)(3)(4) 3. 22 4. (a)(b)(c) 4. 4. 4. (a) (b) 680,544,000681,762,000 5. 5. 5. (ii) 6. 7. 7. ****** 598,869,000639,299,000 22,889,00027,399,000 8. 383(1)(a)(b)(c)(f)2 25% 9. 8 10. 16.5%16.5%2,000,0002,000,0008.25%8.25%16.5%16.5% 10. 25% 15% 600,000583,00012%12% 10. 11. 0.76,089,000 12. 107,384,000869,919,000 28,155,000869,919,000 500,0001,000,00016,000,00020,000,000 15 14. *1,148,0002,208,0004,822,000100,331,00049,418,00015,049,0007,413,000 15 135 14. 14. 14. 15. 33503502557 (a) 15. (b) 15. (c) 144,902,0002,123,0005 16. 3318,785,000405,000 10.48%11.2%5%2% 17. 8,700,0003 18. 2225 Kam Hing International Kam Hing International536,000536,000 18. 19. 20. 21. 32,458,00027,891,000 35,431,00031,847,000 22. 22. 24. 59,443,00095,685,000 25. 78,047,000110,523,00022,093,00035,971,00024 10,526,00011,949,000 26. 7,178,0008,117,0004,853,000 508,965,000 28. (a) 18,476,00019,600,00018,139,00019,600,000 (c) 29. 29. 5%10%111,000,000118,000,000 569,149,000489,264,00017,473,00010,711,00011,746,000155,599,000135,253,000317,022,000262,522,000 30. 31 31. 86,991,90010%1% 0.1%5,000,000 211 (i)(ii)(iii) 32. (i)Joint Result Holdings LimitedJoint Result93,378,000(ii)1,000,0000.11,000,0000.1 10%50% 33. (a)Korea Textile& Dyeing Support Services Joint Stock Company100%10,755,49183,892,0004,347,89433,913,0006,407,59749,979,000 33. (a) 1,874,0005,000 631,000 15,993,0006,862,000 3,690,512,000110,098,000 33. (b)APH Investment and DevelopmentCompany LimitedAPH60%6,000,000,0001,838,000APH APHAPH APH 1,842,000624,000 30,000 33. (b) 166(30) APH833,00034,000 3,833,735,00029,501,000 34. (a)APH6,000,000,0001,774,000 34. (b)Great Market Global Viet Nam Co., Ltd.80,153,000 2,796(3,645)732,598 35. (a)