For the six months ended September 30, 2024, the total revenue of PMB24.1 million from P$29.1 million in the same period last year was HK$5 million, mainly due to lower revenues from gas pipelines and water supply projects. Despite the decline in revenue, the gross margin increased from 10.2% to 11.2% in the same period last year, showing an improvement in gross profit on construction projects. Management decides not to distribute an interim dividend.Management noted that the decrease in revenue was mainly due to the basic completion of turnaround projects in the previous year, resulting in less progress and revenue confirmed during this period. To meet the challenge, the Group acquired 2 new gas projects during the reporting period, with a total contract amount of...Show More

For the six months ended September 30, 2024, the total revenue of PMB24.1 million from P$29.1 million in the same period last year was HK$5 million, mainly due to lower revenues from gas pipelines and water supply projects. Despite the decline in revenue, the gross margin increased from 10.2% to 11.2% in the same period last year, showing an improvement in gross profit on construction projects. Management decides not to distribute an interim dividend.Management noted that the decrease in revenue was mainly due to the basic completion of turnaround projects in the previous year, resulting in less progress and revenue confirmed during this period. To meet the challenge, the Group acquired 2 new gas projects during the reporting period, with a total contract amount of approximately P$0.6 million. Management emphasises that the Group will continue to focus on consolidating its market position and developing the Excelsior • Spot Tech Zhongcheng Industrial Park in China.Looking to the future, despite the challenging operating environment, Superior Air Holdings believes it is on the right track for sustainable development. The Board actively explores global business opportunities and looks for growth potential markets to achieve business diversification. The Group plans to increase revenue by exploring potential business sources and is committed to delivering satisfactory returns for shareholders.