( 在百慕達註冊成立之有限公司 ) 股份代號：29 2024/2025 中期報告 DYNAMIC HOLDINGS LIMITED 達力集團有限公司 INTERIM REPORT 中期報告 2024/25 www.dynamic.hk 本中期報告以環保紙印製。 目錄 2 公司及投資者資料 4 管理層報告書 17 簡明綜合財務賬項審閱報告 19 簡明綜合損益及其他全面收益表 21 簡明綜合財務狀況表 23 簡明綜合股東權益變動表 24 簡明綜合現金流量表 25 簡明綜合財務賬項附註 公司及投資者資料 於二零二五年二月二十八日 董事會 執行董事 陳永栽 （主席） 趙少鴻 （行政總裁） 邱秀敏 黃正順 陳怡娜 陳怡珊 獨立非執行董事 莊劍青 GO Patrick Lim NGU Angel 馬超德 審核委員會 莊劍青 （主席） GO Patrick Lim 馬超德 薪酬委員會 莊劍青 （主席） GO Patrick Lim 馬超德 提名委員會 GO Patrick Lim （主席） 莊劍青 馬超德 公司秘書 黃愛儀 核數師 德勤 • 關黃陳方會計師行 執業會計師 註冊公眾利益實體核數師 法律顧問 毅栢律師事務所 的 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 截至二零二四年十二月三十一日止六個月之中期業績 中期業績 達力集團有限公司（「本公司」）董事會（「董事會」）謹 此 宣 佈，本 公 司 及 其 附 屬 公 司（「本集團」）截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 六 個 月 之 未 經 審 核 綜 合 業 績， 連 同 二 零 二 三 年 同 期 之 比 較 數 字。本 集 團 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 六 個 月 之 簡 明 綜 合 財 務 賬 項 乃 未 經 審 核，而 已 經 本 公 司 審 核 委 員 會 及 外 聘 核 數 師 德 勤‧關 黃 陳 方 會 計 師 行 審 閱。 簡明綜合損益及其他全面收益表 | | | | | | | | 截至十二月三十一日止六個月 | | | --- | --- | --- | --- | --- | ...

Company Overview - Dynamic Holdings Limited is a premier property group in mainland China, focusing on property investment, with major operations in property rental in Beijing and Shanghai, and property development in Shenzhen[5][4]. Sustainability Commitment - The Group emphasizes sustainability, integrating environmental, social, and governance (ESG) issues into its corporate culture and operations, aiming to create long-term shared value for stakeholders[6][10]. - The Group has committed to reducing its carbon footprint and promoting sustainable practices, actively exploring opportunities to preserve natural resources[3][8]. - The Group aims to achieve targets for greenhouse gas (GHG) emissions reduction, energy conservation, and waste generation through specific measures and new technologies[11]. - The Group has implemented several green initiatives to demonstrate its long-term commitment to environmental protection[45]. - The Group aims to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060, aligning with national "dual carbon" goals[103]. ESG Reporting and Governance - The ESG Report complies with the mandatory disclosure requirements outlined in the ESG Reporting Guide of the Stock Exchange of Hong Kong Limited[15][14]. - The governance structure includes a Board of Directors and an ESG working group to oversee ESG performance and strategies[24]. - The Group has engaged an independent ESG consultant to assist in the preparation of the report and provide ESG-related consultancy services[29]. - Key performance indicators (KPIs) are disclosed quantitatively to facilitate objective evaluation of ESG performance[19]. - The Group has initiated a materiality assessment to address relevant ESG issues based on industry trends and regulatory requirements, including SASB and MSCI ESG Ratings[37]. Stakeholder Engagement - The Group prioritizes stakeholder engagement to shape sustainability strategies, utilizing various communication channels[33]. - Continuous communication with stakeholders is maintained to understand their viewpoints and expectations[33]. - Stakeholder engagement has provided valuable insights into strategic development and contributed to the preparation of the ESG report[36]. - The Group will continue to actively engage with stakeholders and review internal policies to enhance ESG management and performance[42]. Environmental Performance - Total greenhouse gas emissions for the year ended June 30, 2024, were 2,329.2 tonnes CO2e, an increase of 7.5% from 2,166.4 tonnes CO2e in the previous year[54]. - Scope 2 emissions from purchased electricity decreased significantly from 2,124.5 tonnes CO2e in 2023 to 1,146.03 tonnes CO2e in 2024, representing a reduction of approximately 46%[54]. - The intensity of greenhouse gas emissions increased from 27.2 tonnes CO2e per HK$ million in 2023 to 32.5 tonnes CO2e per HK$ million in 2024[54]. - Non-hazardous waste generated increased from 0.95 tonnes in 2023 to 1.65 tonnes in 2024, marking a 73.7% rise[60]. - The density of non-hazardous waste per HK$ million revenue rose from 11.85 kg to 23.02 kg, indicating a significant increase in waste intensity[60]. - The company aims to promote a zero-waste office culture and has implemented measures to reduce non-hazardous waste generation[63]. - Energy consumption for the year ended June 30, 2024, totaled 2,105.0 MWh, a decrease from 3,822.6 MWh for the year ended June 30, 2023, representing a reduction of approximately 45%[73]. - Total water consumption increased to 28,845.0 m³ for the year ended June 30, 2024, compared to 18,644.2 m³ for the year ended June 30, 2023, representing a 54.0% increase[86]. Employee Well-being and Safety - The Group prioritizes employee well-being by providing ergonomic office furniture to reduce fatigue and the risk of musculoskeletal disorders[126]. - The Group provides comprehensive health benefits, including group medical, personal accident, and life insurance coverage[126]. - There were no work-related fatalities or lost days due to work injury during the Reporting Period[125]. - Regular safety hazard assessments and air quality control measures are implemented to enhance workplace safety[124]. - The Group signed the Mental Health Workplace Charter and participated in the World Day for Safety and Health at Work in April 2024[129]. Training and Development - The percentage of trained employees for the year ended June 30, 2024, was 55.8%, a decrease from 57.7% for the year ended June 30, 2023[138]. - The average training hours completed per employee increased to 20.1 hours for the year ended June 30, 2024, compared to 20.4 hours for the year ended June 30, 2023[138]. - The Group offers a range of internal and external training opportunities to enable employees to acquire essential skills and knowledge[134]. Compliance and Risk Management - Compliance with relevant laws and regulations is emphasized to mitigate risks that could negatively impact the Group[31]. - The Group conducts assessments on significant environmental, social, and governance risks affecting operations[28]. - The Group has established comprehensive risk management procedures to identify, monitor, and manage climate change impacts[96]. - The Group has not been aware of any material non-compliance with laws and regulations related to providing a safe working environment during the reporting period[132]. Community Engagement - The Group participated in the "Love Teeth Day" event, donating to enhance oral health services for the needy, demonstrating commitment to community investment[162]. - The Group encourages employees to participate in the "Skip Lunch Day" event in March 2024, promoting donations to support services for street sleepers and residents in cage homes[162]. - The Group's community investment initiatives aim to enhance the well-being of the communities it serves, reflecting its commitment to social responsibility[161].

DYNAMIC HOLDINGS LIMITED 達力集團有限公司 Incorporated in Bermuda with limited liability 在百慕達註冊成立之有限公司 Stock Code 股份代號：29 2023/2024 ANNUAL REPORT 年報 make of Pich gh t 1972 -- -- tion of L+++ 西 Hi @ Zamicra n - 0 and the state of the see and the see and the seen and the sent of the seen and the sent of the seen and the second of the seen and the sent and the sent and the series and - in the -1.20 @ _ r 6 1 l will and 899 680 0 600 Kr. 1 2 Bangland 2000 - -184- UP +1.20 + 1.00 (10) | --- | --- | --- | --- | --- | --- ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 DYNAMIC HOLDINGS LIMITED （股份代號：29） （在百慕達註冊成立之有限公司） 達力集團有限公司 截至二零二四年六月三十日止年度之全年業績公佈 業 績 達力集團有限公司（「本公司」）董事會之董事（「董 事」）欣 然 宣 佈，本 公 司 及 其 附 屬公司（「本集團」）截 至 二 零 二 四 年 六 月 三 十 日 止 年 度 之 經 審 核 綜 合 業 績，連 同 去 年 比 較 數 字 如 下： 綜合損益及其他全面收益表 | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The total revenue for the six months ended December 31, 2023, was HKD 38,307,000, a decrease of approximately 3% compared to HKD 39,606,000 in the same period last year[45]. - Gross profit for the same period was HKD 24,914,000, down about 7% from HKD 26,934,000 year-on-year, resulting in a gross margin of approximately 65%[45]. - For the six months ending December 31, 2023, the company reported a profit attributable to shareholders of HKD 5,365,693, a significant increase from HKD 1,476,257 in the same period of 2022, representing a growth of approximately 263%[119]. - The total comprehensive income attributable to shareholders for the same period was HKD 5,436,647, compared to a loss of HKD 88,954 in the previous year, indicating a strong turnaround[119]. - The earnings per share for the period was HKD 2,257.30, a substantial increase from HKD 0.62 in the prior year[119]. - The pre-tax profit increased significantly to HKD 12,615,624, compared to HKD 312 in the previous year, indicating a substantial growth[133]. - Net profit for the period was HKD 5,365,934, a significant increase from HKD 1,733 in the prior year[133]. - The group reported a significant increase in financing costs, with share of losses from joint ventures amounting to HKD 12,635,773, compared to a loss of HKD 3,828 in the previous year[144]. Assets and Liabilities - The company's right-of-use assets increased to HKD 6,553,000 as of December 31, 2023, up from HKD 1,053,000 as of June 30, 2023, indicating a substantial rise of 521.5%[33]. - The lease liabilities also saw a significant increase, rising to HKD 6,598,000 as of December 31, 2023, compared to HKD 1,134,000 as of June 30, 2023, representing an increase of 482.5%[33]. - The deferred tax liabilities increased significantly, primarily due to the deferred tax on fair value gains from land distribution, which will be settled upon completion and sale of related properties[26]. - The group's total equity as of December 31, 2023, was HKD 7,460,669, compared to HKD 2,024,286 as of June 30, 2023[135]. - Non-current liabilities, including deferred tax liabilities, increased to HKD 7,543,949 from HKD 234,029[135]. - The group has no bank borrowings as of December 31, 2023, maintaining a debt ratio of zero[77]. Cash Flow and Investments - As of December 31, 2023, the group's cash and bank deposits totaled HKD 450,822,000, up from HKD 212,955,000 as of June 30, 2023, indicating a significant increase in cash flow[64]. - The net cash from operating activities for the six months ended December 31, 2023, was HKD 3,908,000, a decrease of 71.5% compared to HKD 13,708,000 in the same period of 2022[152]. - The net cash used in investing activities was HKD 122,869,000, compared to a net cash outflow of HKD 6,998,000 in the previous year[152]. - The total cash and cash equivalents at the end of the period amounted to HKD 255,592,000, an increase from HKD 161,556,000 year-on-year[152]. Rental Income and Property Performance - The company reported a significant increase in rental income, with trade and other payables amounting to HKD 3,459,000 as of December 31, 2023, compared to HKD 2,150,000 as of June 30, 2023, reflecting a growth of approximately 60.5%[26]. - The rental income from the shopping mall in Beijing increased by approximately 11% year-on-year, totaling RMB 13,588,000 (equivalent to HKD 14,874,000), which accounted for 39% of the group's total revenue[69]. - In Shanghai, rental income from the premium office building decreased by about 8% year-on-year, amounting to RMB 21,407,000 (equivalent to HKD 23,433,000), representing 61% of the group's total revenue[71]. - The group's investment properties in Shanghai and Beijing generated rental income of RMB 34,995,000, a slight decrease of 1% compared to RMB 35,432,000 last year[54]. Joint Ventures and Development - The company has maintained a strong focus on its joint ventures, with a 80% profit share from the redevelopment of land in Shenzhen, China, as per the arbitration ruling[20]. - The group has acquired land use rights for a plot of land in Shenzhen, which is planned for development into properties for sale[40]. - The group holds an 80% equity interest in the joint venture, with an investment cost of RMB 42,840,000[197]. - The registered capital of the joint venture is confirmed at RMB 21,000,000, with the group contributing RMB 10,290,000, representing a 49% equity interest[197]. - The group expects to fully recover the receivable from the joint venture upon completion of land exchange and allocation with the planning authority[200]. Corporate Governance and Strategy - The company is actively pursuing new strategies, including the adoption of a new share option scheme approved by shareholders, aimed at incentivizing directors and employees[27]. - The audit committee has reviewed the accounting standards and practices adopted by the group, ensuring compliance with financial reporting matters[128]. - The company aims to enhance the retail market in Beijing through new branding and environmental improvements, focusing on maintaining occupancy rates and recurring income[98]. - The company plans to actively adjust leasing and market strategies to attract new retailers and retain existing ones, ensuring competitive and effective leasing strategies[98]. Market Outlook - The real estate market in Shenzhen is expected to recover and maintain optimism, supported by strong economic fundamentals and population growth[82]. - The office space market in Shanghai is anticipated to face challenges due to increased supply and weak demand, leading to rental and occupancy pressure[80]. - The group will continue to monitor the impact of RMB fluctuations to mitigate negative effects on financial performance[77].

Revenue and Profit Performance - Revenue for the six months ended December 31, 2023, was HKD 38,307 thousand, compared to HKD 39,606 thousand in the same period in 2022[5] - Total revenue for the six months ended December 31, 2023, was HKD 38,307,000, a 3% decrease compared to HKD 39,606,000 in the same period last year[81] - Gross profit for the period was HKD 24,914 thousand, down from HKD 26,934 thousand in 2022[5] - Gross profit for the period was HKD 24,914,000, down 7% from HKD 26,934,000 in the previous year, with a gross margin of 65% compared to 68% last year[81] - Profit before tax for the six months ended December 31, 2023, was HKD 12,615,624 thousand, a significant increase from HKD 312 thousand in 2022[5] - Net profit for the period was HKD 5,365,934 thousand, compared to HKD 1,733 thousand in 2022[5] - The company recorded a profit before tax of HKD 12,615,624 thousand, with a significant contribution from joint venture profit sharing of HKD 12,635,773 thousand[19] - The group's profit attributable to shareholders was HKD 5,365,693,000, with basic earnings per share of HKD 22.57, compared to HKD 1,476,000 and HKD 0.62 in 2022[61] - The company's total comprehensive income for the period was HKD 5,437,572 thousand, with a profit attributable to owners of the company of HKD 5,365,693 thousand[14] - The company's total comprehensive income attributable to shareholders was HKD 5,436,647,000, compared to a total comprehensive loss of HKD 88,954,000 last year[83] - Basic earnings per share for the period were HKD 2,257.30[14] - The weighted average number of ordinary shares used to calculate basic earnings per share was 237,703,681[30] Asset and Equity Changes - Total assets as of December 31, 2023, were HKD 15,024,355 thousand, up from HKD 2,273,480 thousand as of June 30, 2023[10] - Development properties increased to HKD 12,855,598 thousand as of December 31, 2023, from HKD 0 as of June 30, 2023[9] - Investment properties increased slightly to HKD 1,860,753 thousand as of December 31, 2023, from HKD 1,840,814 thousand as of June 30, 2023[9] - Total equity as of December 31, 2023, was HKD 7,460,669 thousand, up from HKD 2,024,286 thousand as of June 30, 2023[10] - Deferred tax liabilities increased significantly to HKD 7,543,949 thousand as of December 31, 2023, from HKD 234,029 thousand as of June 30, 2023[10] - The company's equity attributable to owners amounted to RMB 6,724,629,000 as of December 31, 2023, with a net asset value per share of RMB 28.29 (approximately HKD 31.22)[91] - The company's net current assets amounted to HKD 13,154,091,000 as of December 31, 2023, with a current ratio of 74.81, compared to HKD 346,741,000 and a current ratio of 3.82 as of June 30, 2023[110] - The company's bank balances and cash, including bank time deposits, totaled HKD 450,822,000 as of December 31, 2023, compared to HKD 212,955,000 as of June 30, 2023[110] - The company has no bank borrowings as of December 31, 2023, resulting in a debt-to-equity ratio of 0%[91] - The company has fully repaid all bank financing, releasing collateral with a total book value of HKD 771,336,000 as of December 31, 2023[97] - The company maintains an unused credit facility of HKD 1,000,000 as of December 31, 2023, for liquidity purposes[110] Investment Properties and Development - Development properties are accounted for at the lower of cost and net realizable value, with cost including land cost, development expenses, and other attributable costs[13] - The company's investment property portfolio primarily includes office buildings, residential and commercial units, and parking lots in Shanghai and Beijing, with property development focused on Shenzhen[44] - The company acquired the land use rights for a plot near Dongjiaotou, Nanshan District, Shenzhen, which is intended for development as a property for sale, classified under a new operating segment[44] - The company signed a memorandum of understanding (MOU) with a joint venture partner on April 14, 2023, agreeing to a land swap with the Shenzhen Planning and Natural Resources Bureau, dividing the new land into two parcels allocated to the company and the joint venture partner[36] - The company signed a land use rights transfer contract with the planning bureau on December 14, 2023, for the allocation of land parcel K709-0003 to its subsidiary, Dynamic (B.V.I.) Limited[55] - The company's joint venture, Shenzhen Zhenhua Port Enterprise Co., Ltd., had its compulsory liquidation withdrawn by court order on May 4, 2023[53] - The company's joint venture partner and the planning authority signed land use right transfer contracts for allocated land parcels in Shenzhen[66] - The company allocated land (K709-0003) covers an area of approximately 65,000 square meters with a developable construction area of 179,000 square meters, including 143,000 square meters for residential use and 29,000 square meters for commercial use[88] - The fair value gain of the allocated land was confirmed at RMB 11,537,708,000 (approximately HKD 12,629,669,000) during the review period, leading to a profit of RMB 11,543,284,000 (approximately HKD 12,635,773,000) for the company[89] - The company's development properties are expected to incur significant development costs, to be funded by internal resources, bank financing, and other applicable methods[110] Rental Income and Property Leasing - Rental income from properties included variable lease payments of HKD 1,036,000, with the remaining amounts being fixed lease payments[45] - The company's rental income in Shanghai accounted for 61% of total revenue, down from 66% in 2022, due to increased office supply and economic challenges[64] - The average occupancy rate of the "Yujing International Business Plaza" in Shanghai was 86%, with rental income of RMB 21,407,000 (HKD 23,433,000), a decrease of 8% compared to the previous year[64] - The company's investment properties in Beijing and Shanghai generated rental income of RMB 34,995,000, a slight decrease of 1% compared to RMB 35,432,000 last year[85] - Average occupancy rate of the shopping mall in Chaoyang District, Beijing increased to 85% (2022: 79%)[118] - Rental income from the shopping mall reached RMB 13,588,000 (HKD 14,874,000), a 11% increase compared to the previous year[118] - Rental income accounted for 39% of the company's total revenue (2022: 34%)[118] - Profit from the property leasing segment was RMB 4,611,000 (HKD 5,048,000), up from RMB 4,355,000 (HKD 4,868,000) in 2022[118] - Basic profit excluding fair value changes and related tax impacts was RMB 6,894,000 (HKD 7,547,000), compared to RMB 6,655,000 (HKD 7,439,000) in 2022[118] Fair Value and Investment Property Adjustments - The fair value of investment properties increased by HKD 1,840,814 as of July 1, 2023, and further adjustments resulted in a total fair value of HKD 1,860,753 as of December 31, 2023[37] - The group recorded a net loss of HKD 24,000 in other income, gains, or losses, compared to a gain of HKD 6,582,000 in 2022, primarily due to a decrease in fair value of investment properties by HKD 13,338,000[60] - The company recorded a net fair value loss of HKD 13,338,000 on investment properties, compared to HKD 10,812,000 in the same period last year[75] - The fair value of investment properties in Shanghai decreased by RMB 9,902,000 (HKD 10,839,000), with a profit of RMB 5,763,000 (HKD 6,309,000) excluding fair value changes and related tax impacts[64] - The fair value of investment properties in Beijing and Shanghai decreased by RMB 12,185,000 (equivalent to HKD 13,338,000), compared to RMB 9,673,000 (equivalent to HKD 10,812,000) last year[85] - Fair value of investment properties decreased slightly by RMB 2,283,000 (HKD 2,499,000)[118] - The company recognized a significant fair value gain of HKD 12,635,773,000 from the distribution of land by a joint venture[82] Tax and Financial Adjustments - Current China income tax (excluding Hong Kong) was HKD 2,380 thousand, with deferred tax credits of HKD 7,247,310 thousand[26] - The company's deferred tax liability increased due to the fair value gain on land allocation, which will be paid upon the development and sale of the related property[80] - The company's other comprehensive income was HKD 71,638,000, driven by a 1.71% appreciation of RMB against HKD, compared to a 4.5% depreciation last year[83] - The company recorded a net exchange gain of HKD 4,097,000 due to the depreciation of RMB against HKD during the review period[91] - The group's financial performance was impacted by a net exchange gain of HKD 4,097,000 due to the appreciation of the Hong Kong dollar against the RMB[60] Dividends and Shareholder Returns - The company declared an interim dividend of HKD 0.5 per share, totaling HKD 1,189,000[29] - The company declared an interim dividend of HKD 0.5 cents per share for the six months ended December 31, 2023, the same as the previous year[105] Legal and Administrative Matters - A former tenant filed multiple administrative lawsuits against the relocation compensation agreement signed in 2021, and the case is currently under appeal[119] - Trade and other payables increased to HKD 3,459,000 as of December 31, 2023, compared to HKD 2,150,000 as of June 30, 2023, with an additional provision for tenant relocation compensation of HKD 51,905,000[58] Joint Ventures and Partnerships - The company is entitled to 80% of the profit from the redevelopment of a land parcel in Shenzhen, China, as per a 2010 arbitration award[35] - Shenzhen Zhenhua Bay Enterprise Co., Ltd. repaid the group HKD 230,564,000 for land price advances and interest, funded by the joint venture partner[68] - The company's receivable from a joint venture was largely settled during the interim period, with a remaining balance of HKD 2,165,000 as of December 31, 2023[104] - The company's share of profit from a joint venture, Shenzhen Hua, was HKD 10,368,000 as of December 31, 2023, the same as June 30, 2023[103] Market Outlook and Strategy - The company expects continued challenges in the Shanghai office market due to increased supply and weak demand, but plans to implement competitive leasing strategies to maintain occupancy rates[94] - The Shenzhen real estate market is expected to recover and grow, supported by strong economic and population fundamentals, which will enhance the development value of the company's allocated land in Nanshan District[95] - The company plans to further develop the retail market in Beijing through new brands and environmental upgrades to enhance the consumer atmosphere[107] Other Income and Expenses - Other income, gains, and losses included bank deposit interest income of HKD 2,490 thousand and exchange gains of HKD 4,097 thousand[24] - The company paid and recognized a replacement cost of HKD 1,360,000 for new investment properties during the interim period[47] - The company's investment cost for non-listed acquisitions and profit (loss) allocation and reserves was HKD 74,386 as of December 31, 2023, compared to HKD 210,790 as of June 30, 2023[102]

Financial Performance - As of June 30, 2023, the equity attributable to owners amounted to RMB 1,830,193,000, with a net asset value per share of RMB 7.70[15]. - The Group reported a profit of RMB34,332,000 from property rental, down from RMB37,222,000 in the previous year, primarily due to decreased fair value and rental income[44]. - The profit attributable to shareholders for the year was HK$6,634,000, significantly down from HK$31,152,000 in 2022, with basic earnings per share of 2.8 Hong Kong cents[74]. - For the financial year ended June 30, 2023, the Group reported total revenue of HK$79,734,000, a decrease of approximately 8% compared to HK$86,892,000 in 2022[72]. - The gross profit for the same period was HK$54,752,000, down about 12% from HK$61,927,000 in 2022, resulting in a gross profit margin of approximately 69%[72]. Liquidity and Financial Position - Total bank borrowings of the Group were nil, down from HK$ 91,833,000 as of June 30, 2022, resulting in a gearing ratio of nil compared to 4.3% in the previous year[15]. - The Group's net current assets increased to HK$ 346,741,000, with a current ratio of 3.82, up from 1.48 as of June 30, 2022[16]. - The bank balance and deposits stood at HK$ 212,955,000, down from HK$ 286,481,000 as of June 30, 2022[16]. - The group maintained a debt ratio of 0% as of June 30, 2023, compared to 4.3% on June 30, 2022, indicating no bank borrowings[29]. Exchange and Currency Impact - The Group reported a net exchange loss of HK$ 10,408,000 due to the depreciation of RMB against HKD, compared to HK$ 2,526,000 in the previous year[15]. - The total comprehensive expense from exchange differences amounted to HK$ 156,787,000, compared to HK$ 60,881,000 in the previous year[15]. - The depreciation of RMB against HKD was 7.8% during the year, impacting the Group's financial results[75]. - The Group will continue to monitor the impact of RMB fluctuations to mitigate negative effects on financial performance[29]. Real Estate Market and Rental Income - The Group's rental income from investment properties in Shanghai and Beijing totaled RMB71,093,000, a slight decrease of 1% compared to RMB71,978,000 in the previous year[43]. - The overall revenue from property rental in mainland China decreased due to a drop in fair value of investment properties and reduced rental income, translating to a total revenue of HK$79,734,000, down from HK$86,892,000[43]. - The average occupancy rate in Beijing remained stable at 78%, with rental income decreasing by about 10% to RMB24,108,000 from RMB26,675,000[46]. - In Shanghai, the average occupancy rate improved to 89%, with rental income increasing by 4% to RMB46,986,000 from RMB45,303,000[47]. - The fair value of investment properties in Beijing decreased by RMB13,325,000, while in Shanghai, it depreciated by RMB6,883,000[46][47]. Corporate Governance - The Board of Directors consists of six Executive Directors and four Independent Non-executive Directors, with the latter representing more than one-third of the Board[110]. - The Company has established an Internal Corporate Governance Code to facilitate compliance with the Corporate Governance Code and guide Directors and senior management[111]. - The Board is responsible for setting corporate objectives, monitoring performance, and ensuring sound corporate governance and risk management[112]. - The Company has continuously reviewed and enhanced its corporate governance practices, contributing to business growth and sustainability[109]. - The Company has adhered to the principles and code provisions of the Corporate Governance Code as set out in the Listing Rules[109]. Strategic Initiatives and Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10-12% driven by new product launches and market expansion strategies[108]. - The company is exploring market expansion opportunities in Southeast Asia, targeting a 25% increase in market share within the next two years[108]. - The management team emphasized the importance of sustainability in their new strategies, aiming for a 30% reduction in carbon emissions by 2025[108]. - The Group plans to actively adjust leasing and marketing strategies to maintain occupancy rates and recurring revenues amid a sluggish retail market in Beijing[22]. - The Group plans to implement competitive leasing strategies to attract new tenants and retain existing ones amid sluggish leasing activity in core business districts[55].

截至六月三十日止年度 二零二三年 二零二二年 附 註 港幣千元 港幣千元 毛 利 54,752 61,927 其 他 收 入、收 益 或 虧 損 四 17,346 19,938 投資物業公平值之減少 八 (22,664) (17,223) 行政費用 (41,223) (43,299) 銷售費用 (623) (592) 融資成本 (3,133) (1,857) 合營企業之虧損分攤 (3,449) (11,661) 除稅前溢利 1,006 7,233 所得稅計入 五 6,241 23,451 本年度全面支出總額 (149,540) (30,197) DYNAMIC HOLDINGS LIMITED （股份代號：29） （在百慕達註冊成立之有限公司） 達力集團有限公司 截至二零二三年六月三十日止年度之全年業績公佈 達力集團有限公司（「本公司」）董事會之董事（「董 事」）宣 佈，本 公 司 及 其 附 屬 公 司（「本集團」）截 至 二 零 二 三 年 六 月 三 十 日 止 年 度 之 經 審 核 綜 合 業 績，連 同 去 年 比 較 數 字 如 下： 截至六月三十日止年度 二零二三年 二零二二年 附註 港幣千元 ...

DYNAMIC HOLDINGS LIMITED 達 力 集 團 有 限 公 司 （在百慕建柱岡成立之有限公司） 股份代號：29 2022/23 中期報告 | --- | --- | |-------|----------------------------| | | | | | | | | www.dynamic.hk | | | 本中期報告以環保紙印製 - & | | --- | --- | --- | --- | |-------|------------------------------|-------|-------| | | | | | | 目錄 | | | | | 2 | 公司及投資者資料 | | | | 4 | 管理層報告書 | | | | 19 | 簡明綜合財務賬項審閱報告 | | | | 21 | 簡明綜合損益及其他全面收益表 | | | | 23 | 簡明綜合財務狀況表 | | | | 25 | 簡明綜合股東權益變動表 | | | | 26 | 簡明綜合現金流量表 | | | 公司及投資者資料 於二零二三年二月二十四日 | --- | --- | |------------------ ...