CENTURY GP INTL(02113): Business operations remain stable.

CENTURY GP INTL (02113) announces that despite the current challenging market environment, the company's business operations remain stable. As stated in the announcement, the group is actively exploring business opportunities to expand revenue sources, including expanding into rebuilding, refurbishment, and renovation engineering services. While the potential projects mentioned in the announcement have not been finalized, the group has recently successfully bid for a demonstration unit renovation project with a contract value of approximately HK$13.5 million and signed an acceptance letter for an interior renovation project with a contract value of approximately HK$26.7 million. The related revenue is expected to be recognized in the fiscal year ending March 31, 2027. The actual financial impact of these projects will be assessed after completion and will be subject to review and final audit by the company's auditors. Facing the current challenges, the group is actively exploring new business opportunities while also making strategic adjustments to its ground leveling business. Leveraging its rich experience and competitive advantage in executing large-scale projects, the group has shifted its operational focus to shorter and relatively smaller projects. The group aims to enhance operational flexibility, achieve parallel execution of multiple projects, optimize resource utilization, and accelerate revenue recognition. The company maintains a cautiously optimistic outlook on the group's business prospects. Despite the expected challenges in the short term operating environment, the group's strategic adjustments and recent project implementations have laid a solid foundation for the group's business development. The group will continue to actively seek new business opportunities, closely monitor market dynamics, and strive to create long-term value for the company's shareholders.