Financial Performance - The group's revenue for the six months ended September 30, 2019, was HKD 3,218,000,000, a decrease of 7.3% compared to HKD 3,470,000,000 in the same period last year[9]. - The profit attributable to the company's owners increased by 680.2% to HKD 174,700,000, with earnings per share rising to HKD 0.2226 from HKD 0.0285[8]. - GP Industries' revenue for the same period was SGD 562,300,000, down 5.5% year-on-year, but gross profit increased by 4.3% to SGD 147,800,000 due to improved gross margin[10]. - The battery business reported revenue of SGD 429,300,000, a decline of 6.9%, with disposable battery sales decreasing by 9.7% and rechargeable battery sales increasing by 9.0%[13][14]. - The electronics and speaker business achieved revenue of SGD 113,600,000, an increase of 1.5%, with speaker sales in Europe and Asia rising by 4.9% and 12.4%, respectively[17][18]. - The automotive wiring business saw revenue decline to SGD 19,400,000, down 11.3%, with sales in North America and China dropping by 3.8% and 25.6% respectively[20][21]. - The group reported a profit for the period of HKD 240,689 thousand, significantly up from HKD 81,402 thousand in the previous year[31]. - The business performance for the electronics segment was HKD 336,930,000, while the battery segment reported HKD 217,608,000, leading to a total business performance of HKD 554,522,000[74]. - The net profit attributable to the owners of the company for the six months ended September 30, 2019, was HKD 174,682,000, significantly up from HKD 22,388,000 in the same period of 2018[81]. Dividends and Shareholder Information - The company declared an interim dividend of HKD 0.02 per share, up from HKD 0.017 per share in the previous year[8]. - The company declared an interim dividend of HKD 0.02 per share, totaling approximately HKD 15,694,000, an increase from HKD 13,340,000 in the previous year[98]. - The company’s total issued and paid-up ordinary shares remained unchanged at 784,693,000 shares as of September 30, 2019[96]. - The company’s directors and president held a total of 24.82% of the issued shares, with the largest individual shareholder owning 194,788,054 shares[102]. - The company’s major shareholder, Tu Meimei, holds 10.44% of the issued shares, totaling 81,888,764 shares[109]. Assets and Liabilities - The group's total assets decreased to HKD 3,765,297 thousand from HKD 4,039,018 thousand, reflecting a reduction in current assets[33]. - Non-current liabilities increased to HKD 1,330,126 thousand from HKD 1,197,059 thousand, representing an increase of approximately 11.1%[35]. - The company's net asset value increased to HKD 2,256,537 thousand from HKD 2,230,255 thousand, showing a growth of about 1.2%[35]. - The company's total equity increased to HKD 2,256,537 thousand from HKD 2,230,255 thousand, indicating a rise of approximately 1.2%[35]. - The company's reserves increased to HKD 525,354 thousand from HKD 491,476 thousand, reflecting an increase of approximately 6.9%[35]. - The company's total liabilities related to guarantees for bank loans to associates were HKD 16,517,000 as of September 30, 2019, slightly down from HKD 16,538,000[96]. Cash Flow and Financing - The net cash used in operating activities for the six months ended September 30, 2019, was HKD (1,672) thousand, a significant improvement compared to HKD (64,529) thousand in the same period of 2018[37]. - The total cash and cash equivalents decreased to HKD 1,178,191 thousand from HKD 1,271,382 thousand, reflecting a decrease of approximately 7.3%[37]. - The financing activities resulted in a net cash outflow of HKD (201,639) thousand, compared to a net cash inflow of HKD 1,570 thousand in the previous year[37]. - The cash flow from investment activities showed a net outflow of HKD (24,861) thousand, a decline from a net inflow of HKD 312,989 thousand in the previous year[37]. Employee and Operational Metrics - The group employed approximately 7,720 employees globally as of September 30, 2019, down from 7,940 employees on March 31, 2019[26]. - The company is focusing on improving cost efficiency and developing higher quality businesses to enhance profitability[10]. - The group plans to expand production facilities outside of China, with new facilities in Malaysia and Vietnam nearing completion, expected to commence production in the coming quarters[27]. Accounting and Reporting Standards - The financial statements were prepared in accordance with the Hong Kong Accounting Standards and the relevant disclosure requirements of the Stock Exchange[46]. - The company has adopted new accounting policies in accordance with the Hong Kong Financial Reporting Standards, which include changes in lease accounting[50]. - The application of Hong Kong Financial Reporting Standard 16 resulted in no significant impact on the financial performance and position of the group during the reporting period[48]. - The company has adopted HKFRS 16 "Leases," recognizing right-of-use assets at the lease commencement date, excluding short-term leases and low-value asset leases[52]. - The company applied HKFRS 16 "Leases" retrospectively, resulting in an additional lease liability and right-of-use asset recognized as of April 1, 2019, with a weighted average incremental borrowing rate of approximately 4.6%[59][60]. Trade and Receivables - Trade receivables and notes receivable, net of credit loss provisions, amounted to HKD 1,076,426 thousand as of September 30, 2019, compared to HKD 953,353 thousand as of March 31, 2019, reflecting an increase of approximately 12.9%[84]. - Other receivables, deposits, and prepayments totaled HKD 1,053,377 thousand as of September 30, 2019, up from HKD 929,129 thousand as of March 31, 2019, representing a growth of about 13.4%[87]. - The aging analysis of trade receivables shows that amounts overdue by 0-60 days were HKD 821,151 thousand, an increase from HKD 681,073 thousand, while amounts overdue by over 90 days decreased to HKD 158,495 thousand from HKD 164,579 thousand[87]. Corporate Governance - The company has complied with the corporate governance code, except for the separation of roles between the chairman and CEO, which are held by the same individual[113]. - The company has adopted the standard code of conduct for securities transactions by directors, ensuring compliance during the reporting period[114]. - An audit committee has been established to review and monitor the group's financial reporting and internal controls, consisting of three independent non-executive directors and one non-executive director[115].

Financial Performance - Gold Peak Group's revenue for the financial year 2018-2019 amounted to HK$6.8 billion[11]. - The group's revenue for the year ended March 31, 2019, was HK$6,767.7 million, an increase of 7.1% from HK$6,316.3 million in 2018[17]. - Total profit for the year was HK$61.4 million, significantly up from HK$20.4 million in the previous year, representing a growth of 201.6%[17]. - Earnings per share increased to 7.8 Hong Kong cents from 2.6 Hong Kong cents, marking a rise of 200%[17]. - The company declared dividends per share of 4.2 Hong Kong cents, up from 2.4 Hong Kong cents, indicating a 75% increase[17]. - Operating profit rose to HK$129.5 million, compared to HK$60.3 million in the prior year, reflecting a significant improvement[26]. - Profit for the year attributable to owners of the company increased to HK$61.4 million, up from HK$20.4 million, marking a growth of 201.0%[26]. - The total annual dividend per share increased to HKD 4.2 from HKD 2.4 in the previous year, with a proposed final dividend of HKD 2.5 per share[40]. Assets and Liabilities - The total assets of Gold Peak Group exceeded HK$7.3 billion[11]. - The total assets as of March 31, 2019, were HK$7,311.3 million, compared to HK$7,104.4 million in 2018, reflecting a growth of 2.9%[21]. - Current liabilities were reported at HK$3,883.9 million, an increase from HK$3,576.5 million, reflecting a rise of 8.6%[26]. - The financial position shows a total liability of HK$5,081.0 million, which is an increase from HK$4,751.6 million, reflecting a rise of 6.9%[26]. - The Group's net bank borrowings decreased by HK$9 million to HK$1,981 million as of March 31, 2019[63]. - The Group's gearing ratio increased to 0.89 from 0.85 in the previous year[63]. Business Segments - Revenue from the battery segment accounted for 74.7% of total revenue, while electronics contributed 25.3%[19]. - The revenue of the Batteries Business increased by 5.7%, with primary batteries growing by 8.5% and rechargeable batteries declining by 6.8%[39][42]. - The Automotive Wire Harness Business experienced a 9.5% revenue decrease due to reduced demand in the Chinese market, despite increased sales in the US[46]. - The Electronics and Acoustics Business revenue increased by 10.8%, with electronics products sales up by 12.1% and acoustics products sales up by 9.4%[61]. Market and Strategic Initiatives - The US-China trade dispute has impacted approximately 14% of the Group's revenue due to import tariffs on certain products[37]. - The management is expanding production capacity outside China, with new factories in Malaysia and Vietnam to mitigate tariff impacts[38]. - The company plans to expand its market presence and invest in new technologies to drive future growth[26]. - The Group's strategy focuses on strengthening brands and distribution networks to navigate market uncertainties[33]. - The group plans to invest in online sales channels to adapt to changing consumer shopping habits and capitalize on online retail growth[52]. Corporate Governance - The Company is committed to maintaining a high standard of corporate governance in compliance with the Corporate Governance Code[94]. - The Board is ultimately accountable for the performance and affairs of the Company despite delegating some responsibilities to various committees[96]. - The Company adopted a board diversity policy to enhance the effectiveness of the Board[107]. - The Audit Committee's primary responsibility is to review the accounting principles and practices adopted by the Group[109]. - The Company has established a corporate governance function collectively performed by the Board[106]. Social Responsibility and Environmental Impact - The Group is committed to reducing energy consumption and has implemented green building concepts to minimize its environmental impact[131]. - The Group has established a whistle-blowing policy to allow confidential reporting of misconduct[131]. - The Group has participated in the Community Chest's Corporate and Employee Contribution Program for decades, demonstrating its commitment to corporate social responsibility[131]. - The Group's environmental policies include monitoring waste and emissions and implementing recycling programs[131]. - The Group made charitable and other donations totaling HK$310,500 in the year, an increase from HK$237,000 in 2018[148]. Management and Board Composition - Victor Lo has been the Chairman and Chief Executive of Gold Peak Group since 1990, with a tenure in the company since 1972[74]. - The Company has appointed several independent non-executive directors with extensive experience in various industries, including electronics and engineering[84][87][88]. - The management team is well-educated, with advanced degrees in engineering and business administration, which supports the company's innovation and operational strategies[89][88]. - The Board of Directors comprised four executive directors, three independent non-executive directors, and two non-executive directors as of March 31, 2019[94]. Financial Reporting and Audit - The Company is responsible for preparing consolidated financial statements that give a true and fair view in accordance with HKFRSs and the Hong Kong Companies Ordinance[196]. - The auditor's objective is to obtain reasonable assurance that the consolidated financial statements are free from material misstatement, whether due to fraud or error[196]. - The auditor evaluates the appropriateness of accounting policies and the reasonableness of accounting estimates made by the directors[200]. - The external auditor, Deloitte Touche Tohmatsu, received a total remuneration of HK$10,045,000 for the year ended 31 March 2019, which includes HK$9,344,000 for audit services and HK$701,000 for non-audit services[123].