Financial Performance - The company reported a total asset value of RMB 179.8 million as of December 31, 2023, a decrease of 4.4% compared to RMB 188.1 million in the previous year[5]. - The company's cash and cash equivalents amounted to RMB 24.0 million, down 8.0% from RMB 26.1 million in the previous year[5]. - The net profit attributable to shareholders was RMB -94.82 million, representing a loss per share of RMB -0.9482, compared to a loss of RMB -158.71 million or RMB -1.5871 per share in the previous year[4]. - The group recorded a revenue of approximately RMB 61.3 million for the review period, compared to RMB 21.1 million for the six months ending December 31, 2022, indicating significant growth[24]. - Total revenue for the company reached RMB 61,348,000, representing a 190.1% increase compared to RMB 21,145,000 in the same period last year[30]. - The company reported a loss attributable to shareholders of approximately RMB 11,800,000, compared to a loss of RMB 18,600,000 in the same period last year, with improvements attributed to various factors including asset valuations[39]. - The total comprehensive loss for the period was 12,618 thousand RMB, compared to a loss of 15,802 thousand RMB in the same period last year, showing a decrease in overall losses[64]. - The company reported a financial asset fair value change of 3,105 thousand RMB, compared to a loss of 1,484 thousand RMB in the previous year, indicating a positive shift in financial asset valuations[61]. - The company’s earnings per share (EPS) for the period was a loss of 94.82 cents, an improvement from a loss of 158.71 cents in the previous year, suggesting better performance on a per-share basis[63]. Revenue Breakdown - The company achieved a revenue increase in its air conditioning distribution business, with income rising to approximately RMB 35.9 million during the review period[12]. - The fruit distribution business generated revenue of approximately RMB 25.4 million during the review period, benefiting from the gradual recovery of the Chinese economy and contributions from the acquisition of Shanxi Pinshang[23]. - The air conditioning distribution business achieved revenue of approximately RMB 35.9 million, driven by increasing demand from Chinese households for air conditioning services[23]. - Revenue from the fruit distribution business was 25,443 thousand RMB for the period ending December 31, 2023, up from 1,247 thousand RMB in the previous year, reflecting a substantial growth[88]. - The air conditioning distribution business generated revenue of 35,905 thousand RMB for the period ending December 31, 2023, compared to 19,898 thousand RMB in the same period of 2022, showing a strong performance[88]. Strategic Initiatives - The company has successfully completed a rights issue to improve its financial position and replenish working capital for core business expansion[7]. - The company plans to reallocate part of its funds originally intended for establishing a distribution center in Guangdong to improve resource allocation efficiency in its planting business in Guangxi[11]. - The group plans to continue diversifying its fruit product portfolio by evaluating the feasibility of planting different types of fruits to reduce reliance on existing products[13]. - The group aims to expand its air conditioning distribution business and after-sales services to further enhance revenue sources[20]. - The group will continue to invest resources in the Shenzhen market to ensure stable revenue growth in the air conditioning sector[15]. Economic and Market Conditions - The company noted that the local economic activities in China have improved post-COVID-19 restrictions, leading to a return to normal levels of economic activity during the review period[8]. - The group remains cautiously optimistic about the long-term prospects of its planting and fruit distribution businesses, despite the competitive environment in the Chinese market[19]. - The company faces risks from climate change and natural disasters that could adversely affect its planting business and overall financial performance[41]. Operational Efficiency - The company is focused on improving operational efficiency and expanding its business scale in the air conditioning distribution segment[20]. - The company is committed to monitoring and improving the financial viability and yield of its fruit products to enhance overall business performance[21]. - The company has established a reliable supply network for high-quality fruits, which plays a key role in its distribution business[15]. Employee and Cost Management - Employee costs amounted to approximately RMB 5,600,000, a slight increase of about 5.7% compared to RMB 5,300,000 in the same period last year, mainly due to the inclusion of costs from the acquisition of Shaanxi Pinshang[34]. - The company’s operating expenses included a significant cost of 7,779 thousand RMB for general administrative expenses, which was higher than the 5,652 thousand RMB reported in the previous year[64]. - The group’s unallocated corporate expenses were RMB 2,856 thousand for the six months ending December 31, 2023, down from RMB 6,069 thousand in the previous year, indicating improved cost management[80]. Shareholder Information - As of December 31, 2023, the total number of issued shares is 2,980,105,859, an increase from 2,499,637,884 shares as of December 31, 2022[48]. - The company announced a rights issue at a subscription price of HKD 0.035 per share, aiming to raise up to approximately HKD 43,700,000[48]. - The company is proposing a share consolidation where every 200 existing shares of HKD 0.01 will be consolidated into one share of HKD 2.00[110]. - Following the share consolidation, the company's issued capital will be reduced from approximately HKD 29,801,000 to approximately HKD 149,000, resulting in a par value per share decreasing from HKD 2.00 to HKD 0.01[112]. Governance and Compliance - The company has adhered to all provisions of the Corporate Governance Code as of December 31, 2023[115]. - The Audit Committee, consisting of three independent non-executive directors, is responsible for reviewing the effectiveness of the company's financial controls and risk management systems[118]. - Changes in the board of directors include the resignation of Mr. Ng Ong Nee as executive director and chairman, effective November 25, 2023, and the appointment of Ms. Li Ziying as executive director and chairman on the same date[117].

Financial Performance - For the fiscal year ending June 30, 2023, the company reported revenue of RMB 110.0 million, a decrease of 23.4% compared to RMB 143.6 million for the previous year[3]. - The company recorded a net loss attributable to shareholders of RMB 58.7 million, an increase in loss of 183.6% from RMB 20.7 million in the prior year[3]. - Total assets decreased by 18.4% to RMB 188.1 million from RMB 230.6 million year-over-year[3]. - Cash and cash equivalents fell by 45.7% to RMB 26.1 million, down from RMB 48.1 million[3]. - For the fiscal year ending June 30, 2023, the total revenue recorded by the company was approximately RMB 110.0 million, a decrease of 23.4% compared to RMB 143.6 million in 2022[19]. - The planting business generated revenue of approximately RMB 0.7 million, down 92.2% from RMB 8.5 million in 2022, primarily due to the impact of COVID-19 lockdowns on crop management[20]. - The fruit distribution business reported revenue of approximately RMB 55.6 million, a decline of 54.8% from RMB 123.2 million in the previous year, affected by pandemic-related restrictions[21]. - The air conditioning distribution business achieved revenue of approximately RMB 53.8 million, an increase of 351.4% from RMB 11.9 million in 2022, indicating successful market penetration[21]. - The company recorded other income of approximately RMB 5.2 million, down from RMB 7.6 million in 2022, mainly from management income related to agreements with individual farmers[23]. - A significant impairment loss of approximately RMB 32.4 million was recorded for property, plant, and equipment, attributed to the adverse effects of COVID-19 on the planting business[24]. - Employee costs increased by approximately 40.5% to RMB 11.8 million, up from RMB 8.4 million in 2022, due to the expansion of the air conditioning distribution business[28]. - The loss attributable to the owners of the company for the year ended June 30, 2023, was approximately RMB 58.7 million, an increase from RMB 20.7 million in 2022, mainly due to impairment losses and decreased revenue from planting and distribution businesses[33]. Business Operations - The company expanded its passion fruit cultivation to diversify its income sources and reduce reliance on citrus fruits[7]. - The air conditioning distribution business began generating significant revenue, contributing a major portion to the company's overall income[7]. - The company acquired a Chinese fruit distribution company to enhance its market presence despite the challenges posed by the pandemic[7]. - The outlook for the planting business is optimistic as restrictions related to COVID-19 are lifted, allowing farmers to better care for their crops[10]. - The company anticipates steady growth in the air conditioning distribution business due to increasing demand driven by climate change[10]. - The company is actively engaging with domestic suppliers to ensure a stable supply of high-quality fruits for its distribution business[10]. - The company plans to adopt a cautious approach in its planting and fruit distribution businesses due to ongoing challenges in the Chinese market[16]. - The air conditioning distribution business is expected to continue stable growth in 2023 and 2024, as demand remains less affected by overall consumer sentiment[16]. - The company aims to expand its fruit distribution business by acquiring new customers and establishing more supply agreements despite a challenging operating environment[21]. Corporate Governance - The company was incorporated in Bermuda on June 4, 2003, and its main business includes the cultivation, sale of agricultural products, and distribution of fruits[62]. - The board of directors underwent changes, with the appointment of Liu Jie as an independent non-executive director on July 11, 2022, and the resignation of He Xiaohong on December 30, 2022[74]. - The company has adopted a new share option scheme effective from December 30, 2020, allowing for a ten-year period for granting options[83]. - The board consists of six members as of June 30, 2023, including one executive director, one non-executive director, and four independent non-executive directors[122]. - The company has established a remuneration committee to review and approve the overall remuneration policy for the group[106]. - The company has complied with the corporate governance code, with some deviations noted regarding the roles of the chairman and CEO being held by the same individual[117]. - The independent auditor for the consolidated financial statements is Deloitte, with a resolution to reappoint them to be presented at the upcoming annual general meeting[114]. - The company has maintained good corporate governance practices to enhance accountability and transparency to investors and shareholders[117]. - The board regularly meets to discuss matters affecting the group's operations, ensuring that all directors have access to relevant information[120]. - The company has established three committees: audit, nomination, and remuneration, each with specific responsibilities[136]. - The company has achieved measurable targets under its board diversity policy during the reporting period[127]. - The attendance record for board meetings shows active participation, with Ng Ong Nee attending 4 out of 15 board meetings[132]. - The company emphasizes the importance of independent professional advice for directors in fulfilling their duties[131]. - The board's diversity policy considers various factors, including gender, age, cultural background, and professional experience[126]. Environmental, Social, and Governance (ESG) - The company continues to prioritize environmental, social, and governance (ESG) goals, ensuring sustainable development and a healthy work environment for employees[173]. - The management team regularly evaluates ESG activities and reports to the board, ensuring compliance with relevant laws and regulations[176]. - Key performance indicators related to ESG matters are regularly collected and reviewed to ensure compliance and performance improvement[177]. - The company engages with stakeholders through various communication channels, including shareholder meetings and direct inquiries, to address concerns and gather feedback[179]. - The company has identified critical ESG areas through stakeholder engagement, focusing on air emissions, resource usage, and employee health and safety[183]. - The company aims to minimize adverse environmental impacts while balancing cost reduction and resource efficiency in its operations[185]. - Direct emissions of sulfur oxides decreased by 65.08% to 0.22 kg in 2023 from 0.63 kg in 2022[192]. - Direct emissions of nitrogen oxides decreased by 65.82% to 296.07 kg in 2023 from 866.14 kg in 2022[192]. - Direct emissions of suspended particulates decreased by 65.82% to 13.73 kg in 2023 from 40.17 kg in 2022[192]. - Direct carbon dioxide equivalent emissions decreased by 65.82% to 39.00 tons in 2023 from 114.11 tons in 2022[192]. - Indirect carbon dioxide equivalent emissions from the Houp Plant decreased by 27.09% to 100.11 tons in 2023 from 137.30 tons in 2022[192]. - Indirect carbon dioxide equivalent emissions from the China office decreased by 35.97% to 4.29 tons in 2023 from 6.70 tons in 2022[192]. - The company plans to reduce air pollutants and carbon dioxide equivalent emissions to within 1% to 3% in the coming year under similar operating conditions[196]. - The company has implemented measures to train and monitor employees on energy and fuel usage to reduce air pollutants and carbon emissions[196]. - The company has not received any violations or warnings from government environmental agencies during the reporting period[189]. - The company adheres to all local environmental laws and regulations and is committed to minimizing adverse environmental impacts[189]. - The company did not plant any trees during the reporting period due to the ongoing impact of the COVID-19 pandemic[197]. - The wastewater generated mainly comes from daily cleaning needs of employees at the Chinese office and the planting site, with no significant discharge recorded[197]. - The company reported that the total amount of hazardous, non-hazardous, and organic waste remained the same as the previous reporting period, with minimal hazardous waste generated[198]. - The company has implemented measures to encourage employees to reduce the generation of non-hazardous and hazardous waste[198]. - The company invested in specialized equipment to control weed growth without using chemical herbicides, producing organic fertilizer from collected organic waste[200]. - The company's operations did not produce any noise or light emissions during the reporting period, as the planting fields are distanced from residential areas[200]. - The company is committed to improving energy efficiency and minimizing emissions and waste generation, fully complying with applicable environmental laws and regulations[200].

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。 ASIAN CITRUS HOLDINGS LIMITED 亞 洲 果 業 控 股 有 限 公 司* （於百慕達註冊成立的有限公司） （股份代號：73） 截 至 二 零 二 三 年 六 月 三 十 日 止 年 度 全 年 業 績 公 告 亞洲果業控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈本公司及其附 屬公司（統稱「本集團」）截至二零二三年六月三十日止年度經審核綜合業績，連 同截至二零二二年六月三十日止年度之比較數字。 財務摘要 截至二零二三年 截至二零二二年 六月三十日 六月三十日 止年度 止年度 變動(%) （人民幣百萬元）（人民幣百萬元） 已申報財務資料 收入 110.0 143.6 -23.4 其他收入 5.2 7.6 -31.6 除所得稅前虧損 (58.9) (19.0) 210.0 本公司擁有人應佔虧損 (58.7) (20.7) 183.6 本公司擁有人應佔 ...

Financial Performance - The company reported revenue of approximately RMB 21.1 million for the six months ended December 31, 2022, a decrease of 76.7% compared to RMB 90.6 million for the same period in 2021[12]. - The net loss for the period was approximately RMB 18.6 million, compared to a net profit of RMB 1.4 million for the same period in 2021, representing a decline of 1,428.6%[12]. - Total revenue for the company decreased by 76.7% to RMB 21,145,000 from RMB 90,582,000 in the previous year[29]. - The company reported a net loss attributable to owners of RMB 18,634,000 for the six months ended December 31, 2022, compared to a profit of RMB 1,423,000 in the same period of 2021[60]. - The company's planting business revenue decreased by approximately 91.1% to RMB 574,000 compared to RMB 6,440,000 in the same period last year[29]. - The fruit distribution business recorded revenue of approximately RMB 673,000, down 99.2% from RMB 84,142,000 year-on-year, primarily due to strict COVID-19 control measures in Shenzhen[30]. - The air conditioning distribution business generated revenue of approximately RMB 19,898,000, marking a 100% increase as it commenced operations following the acquisition of Shenzhen Jinlong Construction Engineering Co., Ltd.[30]. Asset and Cash Position - The company's total assets decreased by 10.9% to RMB 205.4 million as of December 31, 2022, down from RMB 230.6 million as of June 30, 2022[6]. - Cash and cash equivalents fell by 47.0% to RMB 25.5 million from RMB 48.1 million[6]. - The company's cash position decreased to approximately RMB 25,500,000 as of December 31, 2022, down from RMB 48,100,000 as of June 30, 2022[50]. - The current ratio and quick ratio as of December 31, 2022, were 5.51 and 4.68, respectively, indicating improved liquidity compared to 3.87 and 3.16 as of June 30, 2022[50]. - Total equity decreased to RMB 185,718,000 from RMB 201,520,000, a decline of approximately 7.8%[67]. - The company reported a net cash outflow from operating activities of RMB 22,510,000 for the six months ended December 31, 2022, compared to RMB 39,685,000 for the same period in 2021[69]. Business Operations and Strategy - The company expanded its passion fruit cultivation, which has begun to yield positive results and provide a new source of income[10]. - The air conditioning distribution business started generating significant revenue, becoming a major contributor to the company's total income[10]. - The company plans to acquire all equity of Shaanxi Pinshang Agricultural Products Trading Co., Ltd., which is expected to enhance sales channels and increase market penetration in North China[14]. - The company anticipates a gradual recovery in its planting business as restrictions related to COVID-19 are lifted in 2023, allowing farmers to properly care for citrus trees[13]. - The logistics and distribution operations are expected to return to normal as traffic restrictions are lifted, which will positively impact the fruit distribution business[13]. - The company aims to diversify its product offerings by sourcing new varieties of fruits from overseas suppliers[14]. - The group has successfully expanded passion fruit planting, generating initial revenue despite limited scale production[24]. - The group continues to seek new customers and supply agreements to expand its fruit distribution business despite challenges posed by the pandemic[25]. Employee and Operational Costs - Employee costs increased by approximately 51.4% to RMB 5,300,000, primarily due to the inclusion of costs from Jinlong Construction and an increase in headcount[36]. - The company incurred a loss of RMB 6,463,000 due to impairment losses recognized on property, plant, and equipment[93]. - The company recognized impairment losses on property, plant, and equipment of approximately RMB 6,500,000, attributed to reduced recoverable amounts related to the planting business[35]. - The company is required to pay a fixed monthly amount of RMB 300,000 to its partner due to rising agricultural land costs, impacting operational expenses[44]. Shareholder and Capital Structure - The company has issued a total of 2,499,637,884 shares as of December 31, 2022, unchanged from the previous period[49]. - Major shareholders include Gong Zemin with 419,298,000 shares (16.77%), Xu Guodian with 276,243,000 shares (11.05%), and Liu Peng with 221,981,000 shares (8.88%) as of December 31, 2022[154]. - The total number of shares available for issuance under the 2020 Share Option Scheme is 124,963,788, which is about 10% of the issued shares at the time of the scheme's adoption[159]. - The company has not issued any unexercised share options under the 2020 Share Option Scheme as of December 31, 2022[160]. Compliance and Governance - The company has complied with all provisions of the corporate governance code, except for the combined role of Chairman and CEO held by Ng Ong Nee since August 4, 2015[169]. - The audit committee, consisting of three independent non-executive directors, is responsible for reviewing the company's financial controls and risk management systems[175]. - The company has adopted the standard code of conduct for securities transactions as per the listing rules, with all directors confirming compliance for the six months ending December 31, 2022[170].

Financial Performance - The company reported a revenue of RMB 143.6 million for the year ended June 30, 2022, a decrease of 26.6% compared to RMB 195.6 million for the previous year[3]. - The net loss for the year was approximately RMB 20.7 million, compared to a net profit of RMB 4.0 million in the previous year, representing a decline of 617.5%[3]. - Total assets decreased by 13.4% to RMB 230.6 million from RMB 266.3 million in the previous year[4]. - Cash and cash equivalents saw a significant decline of 71.4%, dropping to RMB 48.1 million from RMB 167.9 million[4]. - For the fiscal year ending June 30, 2022, the company reported total revenue of approximately RMB 143,600,000, a decrease of 26.6% compared to RMB 195,600,000 in the previous year[22]. - The planting business generated revenue of RMB 8,510,000, down 67.5% from RMB 26,174,000 in the previous year, primarily due to the impact of lockdown measures on citrus care and maintenance[23][25]. - The fruit distribution business recorded revenue of RMB 123,155,000, a decrease of 27.3% from RMB 169,444,000, attributed to import difficulties and adverse weather conditions affecting fruit quality[23][25]. - Other income for the fiscal year was approximately RMB 7,600,000, down from RMB 9,400,000 in the previous year, mainly from business cooperation agreements with individual farmers[27]. - The group reported a loss attributable to shareholders of approximately RMB 20,700,000 for the year ended June 30, 2022, compared to a profit of RMB 4,000,000 in 2021, primarily due to reduced orange harvests and increased distribution expenses[33]. - The group had a net cash position of approximately RMB 48,100,000 as of June 30, 2022, down from RMB 167,900,000 in 2021, with no debt instruments or bank borrowings[42]. Business Operations and Strategy - The company is exploring new fruit varieties for import to expand its product offerings and mitigate risks associated with local supply constraints[12]. - The company has initiated trial planting of passion fruit to diversify its agricultural operations and improve gross margins[7]. - The company completed the acquisition of a company at the end of 2021, which has begun to show positive results in its air conditioning distribution business[8]. - The company remains optimistic about the growth of its air conditioning distribution business due to expected increased demand driven by climate change[11]. - The company is closely monitoring the innovation in its planting business and implementing cost control measures to enhance productivity[9]. - The company anticipates that the performance of its planting business will stabilize and recover to pre-pandemic levels depending on the overall demand for fruits in China[9]. - The company is actively seeking to expand its fruit distribution business by acquiring new customers and establishing more supply agreements across different cities in China[20]. - The company aims to diversify its business portfolio and enhance profitability in response to the challenging operating environment in the fruit industry[21]. - The company’s brand "Royalstar" has strengthened its recognition and relationships with suppliers and customers, contributing to business growth and market penetration[20]. Cost Management and Expenses - Employee costs for the year ended June 30, 2022, were approximately RMB 8,400,000, down 7.7% from RMB 9,100,000 in 2021, mainly due to a voluntary salary waiver by an executive director and reduced accommodation expenses[29]. - Distribution and other operating expenses increased to approximately RMB 6,600,000 for the year ended June 30, 2022, compared to RMB 900,000 in 2021, driven by a significant rise in imported fruit service fees, which reached approximately RMB 6,100,000[30]. - General and administrative expenses rose to approximately RMB 16,700,000 for the year ended June 30, 2022, from RMB 14,200,000 in 2021, largely due to office relocation costs and termination fees paid to a farmer[31]. - The group continues to adopt strict cost control and prudent financial policies to manage operations effectively[44]. Governance and Compliance - The board of directors did not recommend a final dividend for the year ended June 30, 2022, compared to no dividend in 2021[39]. - The company has undergone changes in its board of directors, with new appointments made in 2022 to enhance governance[81]. - The board composition was adjusted with the appointment of independent non-executive directors, ensuring compliance with listing rules regarding board member independence[80]. - The company has established a remuneration committee to review and approve the overall remuneration policy and compensation packages for executive directors and senior management[111]. - The board is responsible for the long-term strategy, management, R&D innovation, and financial performance of the group[127]. - The company has implemented a standard code of conduct for securities trading by directors, confirming compliance for the fiscal year ending June 30, 2022[124]. - The company has established a clear organizational structure to define responsibilities and authority, ensuring effective governance[128]. - The board emphasizes the importance of a strong corporate culture for long-term business sustainability, promoting values such as integrity, collaboration, and ethical conduct[156]. Environmental, Social, and Governance (ESG) Initiatives - The company maintains its environmental, social, and governance (ESG) management structure and processes consistent with the previous reporting period[174]. - The management team is responsible for evaluating ESG activities and drafting action plans based on updates from regional and departmental managers[174]. - The company continues to invest resources to monitor ESG matters, policies, and performance to ensure compliance with relevant laws and regulations[175]. - Key performance indicators related to ESG matters are regularly reviewed and monitored, particularly in legal and social compliance[179]. - The company has identified significant environmental aspects, including air emissions, wastewater, waste discharge, resource usage, and climate change[179]. - The company aims to create a "green environment" by implementing policies to minimize adverse environmental impacts while balancing cost reduction[181]. - The company adheres to various environmental laws, including the Environmental Protection Law of the People's Republic of China and the Air Pollution Prevention and Control Law[182]. - The company encourages employees to conserve water and use resources responsibly[200]. Emissions and Resource Management - Direct emissions of sulfur oxides decreased by 11.27% to 0.63 kg in 2022 from 0.71 kg in 2021[187]. - Direct emissions of nitrogen oxides decreased by 10.83% to 866.14 kg in 2022 from 971.29 kg in 2021[187]. - Direct emissions of particulate matter decreased by 10.81% to 40.17 kg in 2022 from 45.04 kg in 2021[187]. - Direct emissions of CO2 equivalent decreased by 12.41% to 114.11 tons in 2022 from 130.28 tons in 2021[187]. - The company aims to reduce air pollutants and CO2 equivalent emissions at the Hainan plantation to within 1% to 3% in the coming year[189]. - The company has implemented measures to train employees on energy and fuel efficiency to reduce emissions[189]. - The energy consumption at the Houpou plantation was 170,729 kWh for the year ending June 30, 2022, reflecting a slight increase of 0.49% compared to 169,900 kWh in the previous year[197]. - The electricity consumption at the China office surged by 346.76%, reaching 8,332 kWh, due to relocation to a larger office space[197]. - The Hong Kong office recorded a significant decrease in electricity consumption by 80.35%, with usage dropping to 20,904 kWh[197]. - Water consumption at the Houpou plantation increased by 7.09%, amounting to 44,100 cubic meters[199]. - The Hong Kong office's water consumption decreased by 86.15%, with usage dropping to 32 cubic meters[199].

Financial Performance - Revenue for the six months ended December 31, 2021, was approximately RMB 90.6 million, a decrease of 24.6% compared to RMB 120.2 million for the same period in 2020[5] - Profit before tax dropped to RMB 2.7 million, down 68.6% from RMB 8.6 million in the previous year[5] - Shareholders' profit decreased by 77.8% to RMB 1.4 million from RMB 6.3 million year-on-year[5] - The operating profit for the group was approximately RMB 1,400,000, a decrease of about 88.0% compared to RMB 6,300,000 for the six months ended December 31, 2020, primarily due to increased distribution and operational costs[37] - The net profit attributable to the owners of the company for the six months ended December 31, 2021, was RMB 1,423,000, down 77.4% from RMB 6,307,000 in the same period of 2020[53] - Basic and diluted earnings per share for the six months ended December 31, 2021, were 0.06 cents, compared to 0.50 cents for the same period in 2020[53] - The segment performance for the planting business showed a profit of RMB 2,741,000, down 41.0% from RMB 4,653,000 in the previous year[78] - The fruit distribution business reported a segment profit of RMB 3,397,000, a decline of 55.1% from RMB 7,546,000 in the prior year[78] Assets and Liabilities - Total assets as of December 31, 2021, were RMB 231.2 million, a decline of 13.2% from RMB 266.3 million as of June 30, 2021[6] - The total liabilities decreased significantly from RMB 51,797,000 to RMB 15,667,000, a reduction of 69.8%[78] - The company reported a total equity of RMB 215,543,000 as of December 31, 2021, slightly up from RMB 214,528,000 as of June 30, 2021[61] - Non-current assets increased to RMB 134,167,000 as of December 31, 2021, from RMB 72,886,000 as of June 30, 2021[59] - Current assets decreased to RMB 97,043,000 as of December 31, 2021, from RMB 193,439,000 as of June 30, 2021[59] Cash Flow and Expenditures - The net cash used in operating activities for the six months ended December 31, 2021, was RMB 39,685,000, compared to RMB 11,792,000 for the same period in 2020, indicating a significant increase in cash outflow[66] - Cash used in investing activities amounted to RMB 63,753,000 for the six months ended December 31, 2021, compared to RMB 4,946,000 in the previous year, reflecting increased investment expenditures[66] - The net decrease in cash and cash equivalents was RMB 103,438,000 for the six months ended December 31, 2021, compared to RMB 17,300,000 for the same period in 2020, highlighting a substantial decline in liquidity[66] - The company incurred RMB 51,171,000 in capital expenditures for property, plant, and equipment during the reporting period, a significant increase from RMB 215,000 in the previous year[66] Business Strategy and Market Outlook - The company is exploring strategies to expand its business by sourcing new fruit varieties from overseas to import into China[11] - The establishment of a fruit distribution center is planned to enhance distribution processing and storage capacity following the acquisition of land and properties[13] - The company remains optimistic about the market penetration of its brand "Royalstar" despite ongoing challenges from the COVID-19 pandemic and global logistics issues[11] - The current economic environment is expected to continue affecting consumer demand for quality fruits, leading to potential temporary declines[11] - The company aims to implement cost control and productivity management processes to improve its planting techniques and operations[11] - The company aims to expand its fruit distribution network by acquiring new customers and establishing more supply agreements[22] - The company anticipates that the fruit planting and trading industry in China will recover in the second half of 2022 as the pandemic is expected to be controlled[18] Challenges and Risks - The ongoing COVID-19 pandemic continues to pose challenges, including increased cross-border import costs and unpredictable import regulations[20] - The group faces unprecedented challenges in the fruit distribution business due to the COVID-19 pandemic and global logistics issues[36] - The current economic environment is expected to continue affecting consumer demand for quality fruits, leading to potential temporary declines[11] Corporate Governance and Shareholder Information - The company has adopted the corporate governance code as per the listing rules, with a deviation regarding the absence of a nomination committee due to the group's size and current development stage[151] - The company holds 7.17% of its issued share capital through a subsidiary owned by its chairman and CEO, Ng Ong Nee[133] - As of December 31, 2021, major shareholders include Mr. Gong Zemin with 419,298,000 shares (16.77%), Mr. Xu Guodian with 276,243,000 shares (11.05%), and Mr. Liu Peng with 221,981,000 shares (8.88%)[137] - The company has confirmed compliance with the standard code of conduct for securities trading by all directors for the six months ending December 31, 2021[156] - Following the resignation of independent non-executive directors on December 30, 2021, the board is seeking suitable candidates to fill the vacancies within three months[158] Employee and Management Information - Employee costs decreased by approximately 21.6% to RMB 3,500,000, primarily due to a voluntary waiver of director remuneration and reduced accommodation expenses[29] - The remuneration for key management personnel for the six months ended December 31, 2021, was RMB 1,273,000, a decrease from RMB 1,963,000 in the same period of 2020[120] - The group has adopted a competitive compensation scheme to attract and retain talent, with 29 long-term employees as of December 31, 2021[46]

年度報告 2020/21 目錄 | 財務摘要 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論與分析 | 5 | | 董事及高級管理層履歷 | 14 | | 董事會報告 | 16 | | 企業管治報告 | 24 | | 環境、社會及管治報告 | 32 | | 獨立核數師報告 | 57 | | 綜合損益表 | 62 | | 綜合損益及其他全面收益表 | 63 | | 綜合財務狀況表 | 64 | | 綜合權益變動表 | 66 | | 綜合現金流量表 | 68 | | 綜合財務報表附註 | 70 | | 五年財務概要 | 123 | | 公司資料 | 124 | 財務摘要 經營業績 | | 截至六月三十日止年度 | | 變動(%) | | --- | --- | --- | --- | | | 二零二一年 二零二零年 | | | | | （人民幣百萬元） （人民幣百萬元） | | | | 已申報財務資料 | | | | | 收入 | 195.6 | 451.8 | –56.7 | | 其他收入 | 9.4 | 7.6 | 23.7 | | 除稅前溢利 | 7.3 | 33.1 | ...

(股份代號: 香港聯交所: 73) (於百慕達註冊成立的有限公司) 2020/21 中期報告 僅供識別 目錄 財務摘要 主席報告 管理層討論與分析 簡明綜合損益表 11 簡明綜合損益及其他全面收益表 12 簡明綜合財務狀況表 13 簡明綜合權益變動表 15 簡明綜合現金流量表 16 中期財務資料附註 17 其他資料 32 公司資料 36 2 3 5 財務摘要 經營業績 | | 截至十二月三十一日止六個月 | | 變動(%) | | --- | --- | --- | --- | | | 二零二零年 | 二零一九年 | | | | （未經審核） | （未經審核） | | | | 人民幣百萬元 | 人民幣百萬元 | | | 已申報財務資料 | | | | | 收入 | 120.2 | 116.9 | 2.8 | | 其他收入 | | 6.7 | 16.4 | | 除稅前溢利╱（虧損） | 7.8 | -1.0 | 960.0 | | | 8.6 | | | | 股東應佔溢利╱（虧損） | 6.3 | -2.8 | 325.0 | | 每股基本盈利╱（虧損）（人民幣） | 0.50分 | -0.23分 | 317. ...

香港聯交所 年度報告 2019/20 目錄 | 財務摘要 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論與分析 | 5 | | 董事及高級管理層履歷 | 10 | | 董事會報告 | 12 | | 企業管治報告 | 19 | | 環境、社會及管治報告 | 27 | | 獨立核數師報告 | 47 | | 綜合損益表 | 54 | | 綜合損益及其他全面收益表 | 55 | | 綜合財務狀況表 | 56 | | 綜合權益變動表 | 58 | | 綜合現金流量表 | 61 | | 綜合財務報表附註 | 63 | | 五年財務概要 | 127 | | 公司資料 | 128 | 財務摘要 經營業績 | | 截至六月三十日止年度 | | | | --- | --- | --- | --- | | | 二零二零年 二零一九年 | | 變動(%) | | | （人民幣百萬元） （人民幣百萬元） | | | | 已申報財務資料 | | | | | 收入 | 451.8 | 52.8 | 755.7 | | 其他收入 | 7.6 | 8.6 | -11.6 | | 除稅前溢利 | 33.1 | ...

(股份代號: 香港聯交所: 73) (於百慕達註冊成立的有限公司) 中期報告 2019/20 僅供識別 2019/2020 中期報告 INTERIM REPORT (Stock Code: HKEx: 73) INTERIM REPORT 2019/20 For identification purposes only 目錄 | 財務摘要 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論與分析 | 5 | | 簡明綜合損益表 | 10 | | 簡明綜合損益及其他全面收益表 | 11 | | 簡明綜合財務狀況表 | 12 | | 簡明綜合權益變動表 | 14 | | 簡明綜合現金流量表 | 16 | | 中期財務資料附註 | 17 | | 其他資料 | 40 | | 公司資料 | 44 | 財務摘要 經營業績 | | 截至十二月三十一日止六個月 | | | | --- | --- | --- | --- | | | 二零一九年 | 二零一八年 | 變動(%) | | | （未經審核） | （未經審核） | | | | 人民幣百萬元 | 人民幣百萬元 | | | 已申報財務資料 | ...