股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年12月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 遠東酒店實業有限公司 | | | | 呈交日期: | 2026年1月5日 | | | | I. 法定/註冊股本變動 | 不適用 | | | | 備註： | | | | | | 本公司於香港註冊成立。根據自二零一四年三月三日起生效之公司條例（第 622 章），在香港註冊成立的公司不再擁有法定股本，而就股份而言並無"面值"的概念。 | | | FF301 第 1 頁 共 11 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00037 | | 說明 | 普通股 | | | ...

NOTIFICATION LETTER 通知信函 29 December 2025 FAR EAST HOTELS AND ENTERTAINMENT LIMITED 遠東酒店實業有限公司 （於香港註冊成立之有限公司） (Incorporated in Hong Kong with limited liability) (Stock Code: 00037) （股份代號：00037） Executive Director, Chairman, Managing Director and Chief Executive * Corporate Communication(s) means any document(s) issued or to be issued by the Company for the information or action of holders of any of its securities as defined in Rule 1.01 of the Rules Governing the Listing of Securities on The Stock Exchange ...

FAR EAST HOTELS AND ENTERTAINMENT LIMITED 遠東酒店實業有限公司 (Incorporated in Hong Kong with limited liability) （於香港註冊成立之有限公司） (Stock Code: 00037) （股份代號：00037） NOTIFICATION LETTER 通知信函 29 December 2025 Dear Non-Registered Shareholders, FAR EAST HOTELS AND ENTERTAINMENT LIMITED (THE "COMPANY") – NOTICE OF PUBLICATION OF INTERIM REPORT 2025 (THE "CURRENT CORPORATE COMMUNICATION") We hereby notify you that the Current Corporate Communication of the Company, in both English and Chinese versions, are now available on th ...

Financial Performance - The company recorded a total revenue of approximately HKD 8.7 million for the period, a decrease of 23.7% compared to HKD 11.4 million in the same period last year[8]. - The gross profit for the period was HKD 1.7 million, compared to a gross loss of HKD 0.4 million in the previous year, indicating a significant improvement[8]. - The loss attributable to the company's owners for the period was HKD 7.9 million, down from HKD 22.8 million in the same period last year[6]. - Revenue from continuing operations was approximately HKD 8.7 million, an 8.4% decrease from HKD 9.5 million in the previous year[9]. - The gross profit from continuing operations increased by 33.3% to HKD 2.4 million, compared to HKD 1.8 million in the previous year[9]. - The company reported a loss before tax of HKD 6,278,455, an improvement from a loss of HKD 14,501,711 in the previous year, indicating a reduction in losses by approximately 56.7%[33]. - Total comprehensive loss attributable to owners for the period was HKD 7,235,615, compared to HKD 22,059,412 in 2024, reflecting a significant decrease of 67.2%[34]. - The company incurred a loss of HKD 22,773,764 during the first half of 2025, leading to a cumulative loss of HKD 36,791,310 by September 30, 2025[38]. Revenue Breakdown - The hotel segment recorded total revenue of approximately HKD 7 million, down from HKD 8.2 million in the previous year, with a net loss of HKD 0.4 million[9]. - Total revenue from hotel operations for the six months ended September 30, 2025, was HKD 7,016,038, a decrease of 14.3% from HKD 8,183,878 in the same period of 2024[49]. - Revenue from Hong Kong operations was HKD 7,556,838 for the six months ended September 30, 2025, down from HKD 8,725,645 in 2024, a decrease of about 13.4%[53]. - Overseas revenue increased to HKD 1,158,370 in 2025 from HKD 792,231 in 2024, marking a growth of approximately 46.2%[53]. Cash Flow and Liquidity - As of September 30, 2025, the company held cash and bank balances totaling HKD 11.1 million, an increase from HKD 7.9 million as of March 31, 2025[24]. - The company reported a net cash inflow from operating activities of HKD 11,311,644 for the six months ended September 30, 2025, compared to HKD 484,308 in the same period of 2024, representing a significant increase[40]. - The company’s cash and cash equivalents increased to HKD 11,106,596 from HKD 7,893,839, marking a growth of 40.4%[35]. - The company maintained a stable liquidity position, closely monitoring cash flow to meet financial obligations[27]. Assets and Liabilities - Current liabilities stood at HKD 21,222,208, slightly up from HKD 21,347,878 as of March 31, 2025[37]. - The total non-current assets decreased to HKD 283,316,240 from HKD 284,486,986[35]. - The company's outstanding bank loan balance remained stable at HKD 8.4 million as of September 30, 2025[24]. - The company's equity as of September 30, 2025, was approximately HKD 292.8 million, down from HKD 300 million as of March 31, 2025[24]. - The company's debt-to-equity ratio as of September 30, 2025, was approximately 2.9%, slightly up from 2.8% as of March 31, 2025[24]. Strategic Initiatives - The company is undergoing a strategic repositioning of its restaurant offerings to better align with changing customer preferences and improve operational efficiency[9]. - The company has made a provision of approximately HKD 2.2 million for compensation related to the early termination of a lease, which was expected due to a dispute with the landlord[15]. - The approved development plan for the 九華徑 project includes a maximum total construction area of approximately 241,522 square meters, allowing for 5,973 residential units[19]. - The company submitted a revised application for the 九華徑 project, proposing an increase in total construction area to approximately 313,979 square meters, with plans for 7,052 residential units[20]. Shareholder Information - The total number of issued shares as of September 30, 2025, is 752,529,810, with a total equity of HKD 329,138,773[75]. - The company’s major shareholder, Mr. Qiu Dawei, holds 216,349,951 shares, representing approximately 28.75% of the issued shares[79]. - Major shareholder Mr. Kiu Tak Kan (deceased) holds 113,726,476 shares, accounting for 15.113% of the issued shares[89]. - Achiemax Limited, a company controlled by Mr. Kiu Tak Kan, holds 72,182,400 shares, representing 9.592% of the issued shares[89]. - The company has a total of 6,000,000 share options held by Mr. Qiu Dawei, with an exercise price of HKD 0.5600[82]. Corporate Governance - The company has adopted a new code of conduct for directors' securities transactions, ensuring compliance with the standard code requirements[95]. - The company has complied with all corporate governance code provisions, except for the separation of the roles of Chairman and CEO[96]. - The Audit Committee, composed of all independent non-executive directors, reviewed the accounting principles and practices adopted by the group, including the unaudited consolidated financial statements for the period[100]. Other Information - The company has not made any significant investments, acquisitions, or disposals of subsidiaries during the reporting period[23]. - There were no significant events occurring after the reporting period up to the report date[31]. - The company has not repurchased any of its listed shares during the reporting period and holds no treasury shares as of September 30, 2025[92]. - The company held its annual general meeting on September 2, 2025, where board members engaged with shareholders and addressed their questions[98]. - Executive Director Ms. Qiu Yongya has been appointed as a member of the Board Nomination Committee effective from September 2, 2025[99].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年11月30日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 遠東酒店實業有限公司 | | | | 呈交日期: | 2025年12月3日 | | | | I. 法定/註冊股本變動 不適用 | | | | | 備註： | | | | | | 本公司於香港註冊成立。根據自二零一四年三月三日起生效之公司條例（第 622 章），在香港註冊成立的公司不再擁有法定股本，而就股份而言並無"面值"的概念。 | | | FF301 第 1 頁 共 11 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00037 | | 說明 | 普通股 | | ...

Core Viewpoint - Far East Hotels and Enterprises (00037) reported a revenue of HKD 8.7152 million for the six months ending September 30, 2025, representing a year-on-year decrease of 8.43% [1] - The company incurred a loss of approximately HKD 7.9014 million during the period, which is a significant improvement, narrowing by 65.31% compared to the previous year [1] - The basic loss per share was HKD 0.0105 [1]

Core Viewpoint - Far East Hotels and Enterprises (00037) reported a decrease in revenue for the six months ending September 30, 2025, amounting to HKD 8.7152 million, a year-on-year decline of 8.43% [1] - The company experienced a loss of approximately HKD 7.9014 million during the period, which represents a significant narrowing of 65.31% compared to the previous year [1] - The basic loss per share was recorded at HKD 0.0105 [1] Financial Performance - Revenue for the period was HKD 8.7152 million, down 8.43% year-on-year [1] - Loss for the period was approximately HKD 7.9014 million, a reduction of 65.31% from the previous year [1] - Basic loss per share was HKD 0.0105 [1]

Core Points - The company reported a total revenue of approximately HKD 8.7 million for the six months ending September 30, 2025, representing a year-on-year decrease of 23.7% [1] - The loss attributable to the company's owners for the period was HKD 7.9 million, compared to a loss of HKD 22.8 million for the same period in 2024 [1] - The board has decided not to declare any interim dividend for this period, consistent with the previous year [1] Revenue Breakdown - The hotel segment recorded total revenue of approximately HKD 7 million, down from HKD 8.2 million in the previous year [1] - The net loss for the hotel segment was HKD 400,000, compared to a loss of HKD 200,000 in the prior year [1] - Room revenue remained stable at HKD 5.5 million, while the food and beverage segment generated revenue of HKD 1.5 million, a decrease of 44.4% from HKD 2.7 million in 2024 [1] Strategic Response - The decline in food and beverage revenue is attributed to a reduction in banquet activities and increased competition in the local hotel industry [1] - In response to market challenges, the company has shortened operating hours and initiated a strategic repositioning of its restaurant offerings, shifting from traditional Chinese cuisine to a more casual café-style concept [1] - This transformation aims to better align with changing customer preferences and improve operational efficiency [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 8,715,208, a decrease of 8.4% compared to HKD 9,517,876 for the same period in 2024[2] - Gross profit for the same period was HKD 2,377,187, representing an increase of 28.6% from HKD 1,848,844 in 2024[2] - The company reported a loss before tax of HKD 6,278,455, significantly improved from a loss of HKD 14,501,711 in the previous year, indicating a reduction of 56.7%[2] - Total comprehensive loss attributable to owners of the company for the period was HKD 7,235,615, compared to HKD 22,059,412 in 2024, reflecting a decrease of 67.2%[3] - Basic loss per share from continuing operations was HKD 0.87, down from HKD 1.96 in the previous year, showing an improvement of 55.7%[3] - The group reported a loss attributable to owners of the company from continuing operations of HKD 6,553,086, compared to HKD 14,741,698 in the previous year[20] - Loss attributable to the company for the period was HKD 7.9 million, down from HKD 22.8 million in the same period last year[40] - Loss attributable to the company from continuing operations was HKD 6.6 million, down from HKD 14.7 million in the same period last year[41] Assets and Liabilities - As of September 30, 2025, total non-current assets amounted to HKD 283,316,240, a slight decrease from HKD 284,486,986 as of March 31, 2025[4] - Current assets net value decreased to HKD 11,062,515 from HKD 17,171,931[5] - Total assets less current liabilities stood at HKD 294,378,755, down from HKD 301,658,917[5] - The company's equity, including reserves, was reported at HKD 292,768,728, compared to HKD 300,004,343 previously[5] - Current liabilities totaled HKD 21,222,208, slightly down from HKD 21,347,878[4] - The group's total liabilities to equity ratio as of September 30, 2025, was approximately 2.9%, compared to 2.8% as of March 31, 2025[58] Revenue Breakdown - Hotel room revenue for the Hong Kong operations was HKD 5,528,547, slightly up from HKD 5,459,986 in the previous year[10] - The group’s revenue from external customers in Hong Kong was HKD 7,556,838, down from HKD 8,725,645 in the previous year[14] - Total revenue from the hotel segment was approximately HKD 7 million, compared to HKD 8.2 million in the same period last year[42] - Food and beverage revenue decreased by 44.4% to HKD 1.5 million from HKD 2.7 million in the previous year due to reduced banquet activities and increased local hotel competition[42] Expenses and Cost Management - Administrative expenses decreased to HKD 8,049,823 from HKD 9,079,746, a reduction of 11.3%[2] - The group incurred a total of HKD 4,781,728 in employee costs, down from HKD 5,404,013 in the previous year[15] - The group’s total expenses included a cost of goods sold of HKD 746,808, down from HKD 1,264,869 in the previous year[15] Investment and Fair Value - The company experienced a net decrease in the fair value of investment properties amounting to HKD 5,436,851, compared to HKD 12,660,069 in the prior year[2] - The investment property in Hong Kong generated stable revenue of approximately HKD 500,000, with a net loss of HKD 6.8 million due to a fair value decrease of HKD 5.4 million and legal costs of HKD 1.7 million related to the Jiuhua project[43] - The investment property in Fiji recorded total revenue of approximately HKD 1.2 million and a net profit of HKD 1 million, an increase from HKD 800,000 and HKD 600,000 respectively in the same period last year[43] - The group reported a net profit of approximately HKD 4.9 million from securities investment and trading, including a fair value increase of HKD 4.6 million and dividend income of HKD 300,000[44] - The group recorded a fair value increase of HKD 4.6 million in financial assets, compared to HKD 4.3 million in the same period last year[44] Strategic Initiatives - The company plans to focus on market expansion and new product development to enhance future performance[2] - The company has initiated a strategic repositioning of its restaurant offerings to a more casual café concept to better align with changing customer preferences[42] - The group is focused on maintaining adaptability and flexibility in response to geopolitical developments and changing consumer trends[54] Legal and Compliance - The group has initiated legal action against a subtenant for unpaid rent and damages, obtaining a court ruling on April 8, 2025, requiring payment of the outstanding rent[48] - The group has made provisions of approximately HKD 1.1 million in its audited consolidated financial statements for the fiscal year ending March 31, 2025, related to a claim from the landlord for rental payments[49] - The group is involved in ongoing legal disputes regarding the Beijing serviced apartment, with potential implications for future financial performance[46] - The company adopted new guidelines for directors' securities trading, ensuring compliance with the standards set forth[66] - The company has adhered to all corporate governance codes, with the exception of the separation of roles between the Chairman and CEO[67] Cash Flow and Liquidity - As of September 30, 2025, the group held cash and bank balances totaling HKD 11.1 million, an increase from HKD 7.9 million as of March 31, 2025[57] - The group maintained a healthy liquidity position during the period, closely monitoring cash flow to meet financial needs[60] Future Plans and Commitments - The approved development plan for the site includes a maximum total construction area of approximately 241,522 square meters, with a total of 5,973 residential units planned[50] - The revised application submitted in April 2025 proposes to increase the maximum total construction area to approximately 313,979 square meters, optimizing the planning and design of the approved development[52] - The new proposal includes plans for 15 buildings, with a maximum plot ratio of 6 for residential parts and a maximum height of 147.55 meters, providing approximately 7,052 residential units[53] - As of September 30, 2025, the group's capital commitments amounted to HKD 500,000, a decrease from HKD 2.3 million as of March 31, 2025[62] - There are no significant future investment or capital asset plans as of September 30, 2025[63] Miscellaneous - The group did not declare any interim dividend for the current period, consistent with the previous year[25] - The group has not recorded any revenue from the discontinued Beijing serviced apartment business, which previously generated HKD 1.9 million in the same period last year[45] - No major events occurred after the reporting date up to the announcement date[64] - The company did not repurchase any of its listed securities during the period and held no treasury shares as of September 30, 2025[65]

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 , 概不就因本公告全部 或任何部分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。 遠東酒店實業有限公司 FAR EAST HOTELS AND ENTERTAINMENT LIMITED ( 於香港註冊成立之有限公司 ) (股份代號：00037) 更改註冊辦事處地址 遠東酒店實業有限公司（「本公司」）董事會謹此宣佈，自二零二五年十二月一日 起，本公司之註冊辦事處地址將由香港灣仔告士打道200號新銀集團中心19樓 1902室更改為 : 香港灣仔告士打道 39 號 夏愨大廈 10 樓 1004 室 執行董事、主席、董事總經理兼行政總裁 邱達偉 香港，二零二五年十一月二十七日 於本公佈日期，本公司之董事包括執行董事邱達偉先生及邱詠雅小姐；非執行董 事邱裘錦蘭女士及邱華俊先生；獨立非執行董事蔡偉石先生、吳志堅先生及羅俊 超先生。 本公司之所有電話及傳真號碼將維持不變。 代表 遠東酒店實業有限公司 ...