璋利国际截至2026年2月28日止六个月之中期报告

2Corporate Information4Management Discussion and Analysis14Corporate Governance and Other Information19Condensed Consolidated Statement of Profit or Loss andOther Comprehensive Income20Condensed Consolidated Statement of Financial Position21Notes to the Condensed Consolidated Financial Statements Contents Corporate Information BOARD OF DIRECTORSExecutive DirectorDato’ Teh Kok Lee(Chief Executive Officer) Kamalul Arifin Bin Othman Independent Non-Executive DirectorsDatuk Kamalul Arifin Bin Othman(Chairman)Mr. Kua Choh LeangMs. Koong Hui Jiun Kamalul Arifin Bin Othman Audit Committee Mr. Kua Choh Leang(Chairman)Datuk Kamalul Arifin Bin OthmanMs. Koong Hui Jiun Kamalul Arifin Bin Othman Remuneration CommitteeDatuk Kamalul Arifin Bin Othman(Chairman)Mr. Kua Choh LeangMs. Koong Hui Jiun Kamalul Arifin Bin Othman Nomination Committee Mr. Kua Choh Leang(Chairman)Datuk Kamalul Arifin Bin OthmanMs. Koong Hui Jiun Kamalul Arifin Bin Othman Risk Committee Ms. Koong Hui Jiun(Chairman)Datuk Kamalul Arifin Bin OthmanMr. Kua Choh LeangDato’ Teh Kok Lee Headquarters and Principal Place of Business inMalaysia A-3A-02, Block A, Level 3ASky Park One City, Jalan USJ 25/147650 Subang JayaSelangor Darul EhsanMalaysia A-3A-02, Block A, Level 3ASky Park One City, Jalan USJ 25/147650 Subang JayaSelangor Darul EhsanMalaysia Principal Place of Business in Hong Kong Unit 1908, 19/FLippo Centre Tower One89 Queensway, AdmiraltyHong Kong 89191908 Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Registered OfficeOcorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 1693 Stock Code1693 2,000 Board Lot2,000 shares www.bgmc.asia Company’s Websitewww.bgmc.asia Company SecretaryMr. Chen Kun (Solicitor of HKSAR) Authorised RepresentativesDato’ Teh Kok LeeMr. Chen Kun Principal Share Registrar and Transfer Office in theCayman IslandsOcorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 148212103B Hong Kong Branch Share RegistrarBoardroom Share Registrars (HK) LimitedRoom 2103B, 21/F148 Electric RoadNorth PointHong Kong 191001-1010 Independent AuditorMoore CPA LimitedRegistered Public Interest Entity Auditor1001-1010, North TowerWorld Finance Centre, Harbour City19 Canton RoadTsim Sha Tsui, KowloonHong Kong 328 Principal BankerUnited Overseas Bank Limited28/F, Champion Tower3 Garden RoadCentralHong Kong Management Discussion and Analysis 20262 2820249 120252 282025831FPE202520264 27 The board of directors of BGMC International Limited (“Company”, “Directors”and “Board”, respectively) announces the unaudited condensed consolidatedinterim results of the Company and its subsidiaries (collectively, “Group” or“BGMC”, “we” or “us”) for the six months ended 28 February 2026 (“Period”),together with the unaudited comparative figures covering the six months periodfrom 1 September 2024 to 28 February 2025 (“Corresponding Period”) andcertain comparative figures as at 31 August 2025 (“FPE2025”). The unauditedcondensed consolidated financial results of the Group for the Period havebeen reviewed by the Company’s audit committee (“Audit Committee”) andapproved by the Board on 27 April 2026. All amounts set out in this interim reportare presented in Malaysian Ringgit (“RM”) unless otherwise indicated. Business Review BGMC is a full-fledged, integrated solutions provider in Construction Servicessector (comprising Building and Structures segment, Energy Infrastructuresegment, and Mechanical and Electrical segment), which undertakes primarilyconstruction service contracts not exceeding five years. Construction Services Sector 177.1100.0%100.5100.0% The Construction Services sector contributed RM177.1 million, or 100.0%, to theconsolidated revenue of the Group for the Period, as compared with RM100.5million, or 100.0%, recorded in the Corresponding Period. The Construction Services sector continues to face numerous challenges duringthe Period. These challenges included project delays, increased operational costs,labour shortages, supply chain disruptions, inflationary pressure on constructionmaterials, volatility in fuel and diesel prices, regulatory and approval bottlenecks,as well as a highly competitive market environment, all of which impactedthe overall performance. Global pricing volatility of key building materials, aswell as fluctuations in diesel and fuel costs, continues to exert pressure onproject margins and overall cost structures. Despite these headwinds, thesector remains focused on maintaining quality service delivery, strengtheningoperational efficiency, improving workforce productivity, and exploring strategicopportunities to enhance resilience and long-term growth. In view of the challenges mentioned above, the completion timeli