4股获机构大额买入。 本周，A股三大指数表现强劲，其中沪指上涨1.91%，深证成指大幅上扬3.73%，创业板指更是大涨5.69%。然而，在大盘整体 上涨的背景下，部分个股却呈现出周线三连阴的走势，甚至包括一些业绩预期较为良好的个股。 对此，有市场人士认为，周线三连阴的个股在技术层面已经积累了一定的短期超卖压力，这也意味着较好的入场时机。 16只潜力股周线三连阴 截至6月27日，在周线三连阴且年内股价下跌的非北交所A股公司中，证券时报·数据宝按以下条件进行筛选：包括2024年归母 净利润超5亿元、2025年一季度归母净利润超0.5亿元、获5家及以上机构积极型评级（"买入"与"增持"评级）且一致预测今年净 利润增速超10%，16只个股浮出水面。 从二级市场表现来看，新产业年内下跌19.17%，跌幅居首，公司获23家机构积极型评级，一致预测今年净利润增速达11.91%。 公司主要从事体外诊断领域产品的研发、生产销售及客户服务。国联民生证券表示，新产业为国内化学发光检测菜单最齐全的 企业，同时积极布局海外市场，推动国内外业绩双轮驱动，维持公司"买入"评级。 从万得概念板块类别来看，上述16只个股中有7股涉及核心资产概 ...

Financial Performance - Revenue for 2024 decreased by 9% to HK$48,042,000 compared to HK$53,037,000 in 2023[10] - Loss attributable to owners increased by 8% to HK$31,086,000 in 2024 from HK$28,736,000 in 2023[10] - Basic and diluted loss per share for 2024 was HK(9.53) cents, an increase of 8% from HK(8.81) cents in 2023[10] - Total equity decreased by 13% to HK$220,653,000 in 2024 from HK$252,474,000 in 2023[10] - Total assets as of December 31, 2024, were HK$379,831,000, down from HK$417,747,000 in 2023[20] - The Group's net loss increased by 10% to approximately HK$31,846,000, impacted by a decrease in gross profit of approximately HK$6,647,000 and a decrease in other income of HK$3,413,000 compared to the previous year[27][31] - Revenue for the year decreased approximately 9% to HK$48,042,000, primarily due to a 19% decrease in hair styling revenue and a 7% decrease in hospitality services income[28][31] - Gross profit decreased approximately 31% to HK$15,064,000, mainly due to declines in the aforementioned business segments[28][31] - Other income decreased by 76% to HK$1,078,000, attributed to reduced bank interest income and an exchange loss of HK$13,000 compared to a gain of HK$992,000 in the previous year[29][32] - Finance costs decreased by HK$3,432,000 due to partial repayment of bank loans and lower interest rates initiated by the US Federal Reserve[30][32] Business Segments - The Group's core businesses in Hong Kong and Macau experienced GDP growth rates of 2.5% and 8.8% respectively in 2024[22] - The tourism sector recovery was supported by the Central Government's Individual Visit Scheme, although local retail markets remained weak[22] - The hair styling business turnover dropped by approximately 19% to HK$12,864,000, with service income decreasing by 19% due to the resignation of a high-earning stylist[44] - Despite the revenue decline, the hair styling segment reported a profit of HK$12,000, a significant improvement from a loss of HK$1,275,000 the previous year[44] - Turnover for the hospitality segment decreased by 7% to HK$29,246,000, resulting in a segment loss of HK$3,276,000 compared to a profit of HK$3,540,000 last year[56] Market Conditions - Interest rates remained high throughout 2024, with the US Federal Reserve pausing its rate cutting cycle at 4.25%-4.5%[23] - China's GDP grew by 5% year-on-year in 2024, supported by stimulus policies despite external demand challenges[21] - The retail sector showed signs of recovery in early 2024, but faced a downturn due to decreased domestic spending and changing consumption patterns among tourists[37] - The residential property prices in Macau are expected to decline further this year due to abundant supply and subdued demand, while the rental market is anticipated to maintain an upward momentum[43] - The Group anticipates inbound tourism and overnight visitors to increase due to the opening of the city's third runway and strong growth from emerging markets[59] Investment and Assets - As of December 31, 2024, the Group's net asset value was approximately HK$220,653,000, with total assets of approximately HK$379,831,000 and total liabilities of approximately HK$159,178,000[33][38] - The fair value loss on investment properties amounted to HK$5,000,000, contributing to a segment loss of HK$14,779,000 for the year[35][39] - Total rental income from investment properties in Hong Kong and Macau increased by approximately 14% to HK$3,174,000, mainly due to the leasing of a previously vacant retail shop in Macau[34][39] - Rental income from Macau properties increased by approximately 39% to HK$2,217,000, primarily due to contributions from a retail shop that had been vacant for almost a year, despite a 49% drop in rental rates compared to pre-pandemic levels[42] Corporate Governance and Compliance - The Company is committed to compliance with listing regulations and maintaining transparency in financial reporting[199] - The Group has complied with all relevant laws and regulations impacting its operations during the year[112][117] - All independent non-executive directors confirmed their independence in accordance with the Listing Rules[171] - The Company emphasizes the importance of corporate governance and adherence to regulatory requirements in its operations[199] Future Outlook and Strategy - The Group plans to explore new business opportunities to widen revenue streams from both existing and potential customers in the hair styling segment[48] - The Group plans to adjust marketing strategies to target fast-growing emerging source markets and maintain stringent cost control[60] - The Group anticipates that global economic conditions observed in 2024 will continue into 2025, influenced by inflation, interest rate policies, and geopolitical tensions[96] - The Group will adopt a cautious operational approach to navigate prevailing headwinds and monitor market trends closely[100] Social Responsibility - The Group is committed to corporate social responsibility, engaging in community care and environmental protection initiatives[101] - The Group has received multiple awards for social responsibility, including "Caring Company" for 17 consecutive years and "Good MPF Employer" for 10 consecutive years[104][106]

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 48,042,000, a decrease of 9.4% from HKD 53,037,000 in 2023[2] - Gross profit for 2024 was HKD 15,064,000, down 30.2% from HKD 21,711,000 in 2023[2] - The company reported a loss before tax of HKD 32,392,000, slightly improved from a loss of HKD 33,129,000 in 2023[2] - The total comprehensive loss for the year was HKD 31,821,000, compared to a loss of HKD 28,454,000 in 2023[4] - Basic and diluted loss per share for 2024 was HKD 9.53, compared to HKD 8.81 in 2023[4] - The total loss attributable to the owners of the company for 2024 was HKD 31,086,000, compared to HKD 28,736,000 in 2023, reflecting an increase in losses[33] - The company's net loss increased by 10% to approximately HKD 31,846,000, primarily due to a decrease in gross profit of about HKD 6,647,000 and a reduction in other income by HKD 3,413,000[38] Assets and Liabilities - Non-current assets decreased to HKD 315,685,000 in 2024 from HKD 345,138,000 in 2023[5] - Current assets decreased to HKD 64,146,000 in 2024 from HKD 72,609,000 in 2023[5] - Total liabilities decreased to HKD 146,103,000 in 2024 from HKD 153,451,000 in 2023[5] - The company's net assets decreased to HKD 220,653,000 in 2024 from HKD 252,474,000 in 2023[6] - The group's total assets decreased to HKD 379,831,000 in 2024 from HKD 417,747,000 in 2023, reflecting a reduction of 9.1%[19] - The group's total liabilities decreased to HKD 159,178,000 in 2024 from HKD 165,273,000 in 2023, a decline of 3.3%[19] - The company's total assets and total liabilities as of December 31, 2024, were approximately HKD 379,831,000 and HKD 159,178,000 respectively, with a net asset value of about HKD 220,653,000[38] Revenue Breakdown - Hair design service revenue decreased to HKD 12,397,000 in 2024 from HKD 15,277,000 in 2023, representing a decline of 18.7%[13] - Hotel and hospitality service revenue also decreased to HKD 29,246,000 in 2024 from HKD 31,393,000 in 2023, a drop of 6.8%[13] - Revenue from external customers in Hong Kong decreased from HKD 51,441,000 in 2023 to HKD 45,825,000 in 2024, a decline of approximately 10.1%[24] - Total revenue for the year decreased by approximately 9% to HKD 48,042,000, with hair design and hospitality service revenues declining by about 19% and 7% respectively[38] Income and Expenses - Total interest income for the year 2024 was HKD 127,000, while in 2023 it was HKD 2,512,000, indicating a significant decrease[20] - The financing costs decreased from HKD 10,814,000 in 2023 to HKD 7,382,000 in 2024, representing a reduction of approximately 31.5%[26] - The total depreciation expense increased from HKD 2,433,000 in 2023 to HKD 3,702,000 in 2024, indicating a rise of approximately 52.2%[28] - The company incurred a net foreign exchange loss of HKD 13,000 in 2024, compared to a gain of HKD 992,000 in 2023[28] - Other income decreased by 76% to HKD 1,078,000, mainly due to reduced bank interest income and a foreign exchange loss of HKD 13,000[39] - The company reported a total impairment loss of HKD 1,378,000 for the year, with specific losses attributed to the hair design and hotel services segments being zero[20] Operational Segments - The group identified six operating segments, including hair design, lending, property investment, securities investment, hotel and hospitality services, and property project management[14] - The group's hair design business revenue decreased by about 19% to HKD 12,864,000, attributed to the departure of a high-salary stylist and a 16% drop in product sales[45] - Despite the revenue decline, the hair design segment recorded a profit of HKD 12,000, compared to a loss of HKD 1,275,000 in the previous year[45] - The hotel segment's revenue decreased by 7% to HKD 29,246,000, resulting in a loss of HKD 3,276,000, primarily due to reduced income from two existing hotels[49] Market Conditions and Future Outlook - The group anticipates that various macroeconomic factors, including inflation and geopolitical tensions, will continue to impact global economic conditions through 2025[64] - The Chinese government has set a growth target of approximately 5% for the year, implementing policies such as fiscal stimulus and monetary easing to boost domestic demand[65] - The hotel industry faces challenges due to rising costs and high-interest rates, which will continue to pressure the group's overall performance[66] - The group plans to adopt a cautious operational strategy to navigate potential risks and closely monitor market trends to improve performance across its divisions[66] Corporate Governance and Compliance - The board of directors does not recommend the distribution of a final dividend for the year ending December 31, 2024, consistent with the previous year[31] - The company has adopted the standard code of conduct as per Appendix C3 of the listing rules, with all directors confirming compliance during the review year[76] - The board of directors consists of seven members, including three executive directors and four independent non-executive directors[78] - The audit committee has discussed the accounting principles adopted by the group and reviewed the financial results for the year ending December 31, 2024[72] - The group's financial statements for the year ending December 31, 2024, have been verified by Hong Kong Lixin Dehao Certified Public Accountants, confirming consistency with the audited financial reports[73]

Financial Performance - Revenue for the six months ended June 30, 2024, was HK$23,767,000, a decrease of 6.5% compared to HK$25,425,000 in the same period of 2023[7]. - Gross profit for the period was HK$8,211,000, down 24.3% from HK$10,846,000 in the previous year[7]. - Loss before income tax was HK$24,965,000, compared to a loss of HK$22,240,000 in the same period last year[7]. - Loss for the period attributable to owners of the Company was HK$24,079,000, an increase from HK$22,324,000 in 2023[8]. - Basic and diluted loss per share attributable to owners of the Company was HK(7.38) cents, compared to HK(6.85) cents in the previous year[8]. - Total comprehensive income for the period was HK$(24,553,000), compared to HK$(21,629,000) in 2023[8]. - The company reported a loss for the period of HK$24,079,000, compared to a loss of HK$502,000 from non-controlling interests, indicating a significant increase in losses[13]. - The total comprehensive income for the period was reported as a loss of HK$24,051,000, compared to a loss of HK$24,079,000 for the previous period[13]. - The Group recorded a net loss of HK$24,581,000, an increase of 10.5% from a loss of HK$22,240,000 in 1H2023[59]. Assets and Liabilities - As of June 30, 2024, total assets less current liabilities amounted to HK$237,731,000, a decrease from HK$264,296,000 as of December 31, 2023, representing a decline of approximately 10%[11]. - Net current liabilities increased to HK$96,813,000 from HK$80,842,000, indicating a rise of about 20%[11]. - The company's net assets decreased to HK$227,921,000 from HK$252,474,000, reflecting a reduction of approximately 10%[11]. - Total equity attributable to the owners of the company was HK$228,307,000, down from HK$252,358,000, a decline of around 9.5%[11]. - Cash and bank balances decreased to HK$4,216,000 from HK$11,690,000, a drop of approximately 64%[11]. - Financial assets at fair value through other comprehensive income decreased to HK$354,000 from HK$807,000, a decline of about 56%[11]. - The Group's total liabilities decreased to HK$155,870,000 as of June 30, 2024, from HK$165,273,000 at the end of 2023, a decline of approximately 5.5%[34]. - The Group's total equity was HK$227,921,000, with fixed rate liabilities of HK$5,186,000 and floating rate liabilities of HK$127,186,000, representing 2% and 56% of total equity respectively, leading to a gearing ratio of approximately 3%[71]. Segment Performance - The Hair Styling segment generated revenue of HK$6,520,000, down from HK$8,849,000 in 2023, reflecting a decrease of about 26.2%[31]. - The Hospitality Services segment reported revenue of HK$14,200,000, slightly increasing from HK$13,505,000, marking an increase of approximately 5.1%[31]. - The Property Investments segment generated revenue of HK$1,578,000, slightly increasing from HK$1,516,000 in 2023, representing an increase of approximately 4.1%[31]. - The Money Lending segment reported revenue of HK$41,000, consistent with HK$37,000 in 2023, showing no significant change[31]. - The hair styling business reported a turnover of HK$6,520,000, a decrease of 26% compared to the same period last year, with service income down 27% due to the resignation of a high-earning stylist[63]. - The hospitality service business segment achieved a turnover of HK$14,200,000, reflecting a 5% increase year-on-year, but recorded a net loss of HK$547,000 compared to a profit of HK$1,532,000 in the prior year[64]. Cash Flow and Operating Activities - Net cash generated from operating activities for the six months ended June 30, 2024, was HK$3,832,000, compared to a cash outflow of HK$7,019,000 in the same period of 2023[17]. - The company reported a net decrease in cash and cash equivalents of HK$7,474,000 for the six months ended June 30, 2024[17]. - Cash and cash equivalents at June 30, 2024, were HK$4,216,000, down from HK$9,304,000 at the same date in 2023[17]. Corporate Governance - The Audit Committee has reviewed the unaudited consolidated results for the six months ended June 30, 2024[4]. - The financial statements are prepared in accordance with Hong Kong Accounting Standards, ensuring compliance with local regulations[21]. - The company has complied with the Code on Corporate Governance Practices during the review period, with noted deviations regarding the roles of chairman and chief executive[97][98]. - The roles of the Chairman and CEO are not separated, with Mr. Zeng serving as both, which the board believes ensures effective decision-making[101]. - All directors have confirmed compliance with the Model Code for securities transactions during the six-month period ending June 30, 2024[103]. Market and Economic Conditions - The company expects inbound tourism to increase in 2024, supported by planned infrastructure and new tourist attractions, which will benefit the hotel sector[84]. - The Greater Bay Area opportunity is anticipated to significantly enhance business events and general tourism in the region[84]. - The company’s business growth is heavily reliant on the revival of inbound tourism post-pandemic[84]. - Challenges are anticipated for Hong Kong's tourism due to economic and geopolitical headwinds, including the proposed Hotel Accommodation Tax starting January 1, 2025, which may burden hotel operators[86]. - The current Federal interest rate is between 5.25% and 5.5%, unchanged since July 2023, impacting consumer spending and business growth negatively[83]. Future Plans and Strategies - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future performance[4]. - The hair styling business aims to attract new talents to compensate for the loss of service income and will focus on sustainability and personalized experiences through technology[64]. - The Group plans to diversify the hair styling segment's income stream by expanding hair extension and hair piece services, addressing hair loss issues[64]. - The company plans to explore value-enhancing opportunities, including relocating operations to newer buildings in favorable locations and expanding hospitality services to Mainland China[86].

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 23,767,000, a decrease of 6.5% compared to HKD 25,425,000 for the same period in 2023[1] - Gross profit for the same period was HKD 8,211,000, down 24.3% from HKD 10,846,000 in 2023[1] - Loss before tax increased to HKD 24,965,000, compared to a loss of HKD 22,240,000 in the previous year, representing an increase of 12.2%[1] - Total comprehensive loss for the period was HKD 24,553,000, compared to HKD 21,629,000 in 2023, reflecting a 13.4% increase in losses[2] - Basic and diluted loss per share for the period was HKD 7.38, compared to HKD 6.85 in the previous year, an increase of 7.7%[2] - The net loss attributable to shareholders was HKD 24,581,000, an increase of 10.5% from HKD 22,240,000 in the same period last year[26] Assets and Liabilities - The company's cash and bank balances decreased to HKD 4,216,000 from HKD 11,690,000, a decline of 64.0%[3] - Non-current assets totaled HKD 334,544,000, down from HKD 345,138,000 at the end of 2023, a decrease of 3.1%[3] - Current liabilities amounted to HKD 146,060,000, a decrease from HKD 153,451,000, indicating a reduction of 4.8%[4] - The net asset value decreased to HKD 227,921,000 from HKD 252,474,000, a decline of 9.7%[4] - Total assets for the group decreased to HKD 383,791,000 as of June 30, 2024, down from HKD 417,747,000 as of December 31, 2023[14] - Total liabilities for the group decreased to HKD 155,870,000 as of June 30, 2024, down from HKD 165,273,000 as of December 31, 2023[14] Segment Performance - Hair design segment revenue decreased to HKD 6,520,000 in 2024 from HKD 8,849,000 in 2023, with a segment profit of HKD 8,000 compared to HKD 434,000 in the previous year[13] - Hotel and hospitality services revenue increased to HKD 14,200,000 in 2024 from HKD 13,505,000 in 2023, but incurred a segment loss of HKD 547,000 compared to a profit of HKD 1,532,000 in 2023[13] - Property investment segment reported revenue of HKD 1,578,000 in 2024, slightly up from HKD 1,516,000 in 2023, with a segment loss of HKD 6,609,000 compared to a loss of HKD 7,478,000 in the previous year[13] - Securities investment segment revenue decreased to HKD 1,428,000 in 2024 from HKD 1,518,000 in 2023, with a segment loss of HKD 10,544,000 compared to a loss of HKD 9,252,000 in 2023[13] Market Conditions and Economic Outlook - The geopolitical risks and high financing costs continue to pressure the company's financial performance despite some economic recovery in Hong Kong and Macau[27] - The group anticipates significant challenges for the Hong Kong and Macau economies in 2024 due to a slow global economic recovery and high federal interest rates, currently at 5.25-5.5%[45] - The Federal Reserve's potential interest rate cuts could alleviate high capital costs for the group and boost consumer and investor confidence[46] Strategic Initiatives - The group aims to enhance customer loyalty and service quality in the hair design business while seeking to recruit new talent to offset revenue losses from the departure of key staff[30] - The group is strategically reviewing its property investment portfolio to maximize returns for shareholders amid challenges in the Hong Kong real estate market, including high interest rates and economic pressures[29] - The group plans to explore value-added opportunities, including relocating to more favorable locations and expanding hotel services beyond Hong Kong to mainland China[46] - The group plans to collaborate with local architects and interior designers to explore new projects as the economy recovers[37] - The group aims to enhance its performance by expanding the schedule of large events in Hong Kong to attract more international and mainland tourists[33] Other Financial Information - Financing costs totaled HKD 3,757,000, down from HKD 5,232,000 in the previous year[20] - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2024, compared to no dividend for the same period in 2023[22] - The group recorded a fair value loss of HKD 11,980,000 on financial assets, an increase of 11% compared to the same period last year[34] - Employee costs, excluding director remuneration, amounted to HKD 6,453,000, slightly up from HKD 6,366,000 as of June 30, 2023[44] - The group has bank borrowings of approximately HKD 127,186,000 secured against certain investment properties[41] - The group generated interest income of HKD 41,000 from its lending business, compared to HKD 37,000 in the previous year[38] Visitor Statistics - Hong Kong welcomed 21 million visitors in the first half of 2024, a 64% increase year-on-year, with overnight visitors accounting for 50% of total arrivals[32] - The hotel occupancy rate in Hong Kong has increased, reaching 88% for mid-range hotels, although it remains below pre-pandemic levels[33] - The average daily room rates for the Sheung Wan and Yau Ma Tei hotels increased by 15% and 28% respectively, while maintaining an occupancy rate of approximately 89%[32]

Financial Performance - The Group's revenue increased by approximately 46% to HK$53,037,000 in 2023 compared to HK$36,381,000 in 2022[10] - The net loss attributable to the owners increased by 5% to HK$28,736,000 in 2023 from HK$27,266,000 in 2022[10] - Basic and diluted loss per share was HK$8.81 in 2023, a 5% increase from HK$8.36 in 2022[10] - Total equity decreased by 10% to HK$252,474,000 in 2023 from HK$280,928,000 in 2022[10] - Gross profit increased by approximately 24% to HK$21,711,000 in 2023, attributed mainly to the hospitality business segment[21] - Other income decreased by 67% to HK$4,491,000, primarily due to the absence of prior year gains on property disposal and government subsidies[22] - The group's net loss increased by 6% to approximately HK$28,900,000, influenced by various factors including a gross profit increase of about HK$4,250,000 and a property sale loss of HK$900,000[25] - Revenue for the year rose by approximately 46% to HK$53,037,000, with gross profit increasing by about 24% to HK$21,711,000, primarily driven by the hospitality sector[25] Assets and Liabilities - As of December 31, 2023, the Group's total assets were approximately HK$417,747,000 and total liabilities were approximately HK$165,273,000[24] - The net asset value per share was approximately HK$0.77 in 2023, down from HK$0.86 in 2022, reflecting a 10% decrease[10] - The Group's total equity as of December 31, 2023, was HK$252,474,000, with a gearing ratio of approximately 4%[75] - The Group's cash and bank balance as of December 31, 2023, was HK$11,690,000, with net current liabilities of HK$80,842,000, resulting in a current ratio of approximately 0.47[72] - As of December 31, 2023, the total borrowings of the Group amounted to HK$129,403,000, a decrease from HK$208,891,000 in 2022[133] Expenses and Costs - Finance costs increased by HK$5,244,000 due to rising HIBOR interest rates since July 2022[23] - Administrative expenses decreased by HK$6,520,000 to HK$29,849,000, mainly due to the absence of unrealized exchange loss on RMB deposits[23] - The finance cost nearly doubled during the year due to high capital costs, despite some bank loans being repaid upon maturity[30] - The segment net loss for the hair styling business increased to HK$1,275,000 compared to a net loss of HK$295,000 the previous year, primarily due to impairment losses and increased costs[42] Hospitality and Tourism - The group's turnover in the hospitality service business increased by 117% to HK$31,393,000, with a segment profit of HK$3,540,000[47] - Average daily rates for the Sheung Wan guesthouse and North Point hostel increased by 73% and 46% respectively compared to 2022, while maintaining a high occupancy rate of about 90%[49] - The overall average daily rate for the hospitality segment increased by 99% year on year, despite the absence of government subsidies received during the pandemic[47] - The hospitality industry's recovery is hindered by staffing shortages, rising energy costs, and high travel costs, despite government initiatives to promote tourism[52][54] - The Group's hospitality service business in Hong Kong is expected to benefit from the resurgence of tourism and government initiatives aimed at boosting the sector[91] Market Conditions and Outlook - The ongoing high interest rate environment, with 11 US interest rate hikes totaling 5.25 percentage points from March 2022 to July 2023, has negatively impacted the real estate market and consumer confidence[29] - The Group anticipates geopolitical tensions and macroeconomic headwinds to impact the global market in 2024, with uncertainties stemming from ongoing conflicts and economic conditions[87][89] - Hong Kong's economy is expected to grow between 2.5% and 3.5% in 2024, while Macau's GDP growth is projected to reach about 10%, recovering to approximately 90% of 2019 levels[91] - The Group maintains a cautious outlook on market recovery due to macroeconomic uncertainties while exploring new business opportunities[94] Share Capital and Dividends - The Directors do not recommend the payment of a final dividend for the year ended December 31, 2023, consistent with 2022 where no dividend was paid[82] - The distributable reserves available for dividend distribution as of December 31, 2023, were HK$14,177,000, after compensating accumulated losses of HK$199,801,000 against contributed surplus of HK$213,978,000[131] - The Company has maintained its authorized share capital without any changes during the review year, and no share options were granted under the approved scheme[118][120] Management and Governance - The Group's management team includes individuals with extensive experience in their respective fields, contributing to the overall strategic direction and operational efficiency[184] - The Group's financial controller and company secretary, Ms. Sze Tak On, has over 30 years of experience in accounting, auditing, and finance, primarily with public companies listed in Hong Kong[187] - The Group's independent non-executive director, Mr. Lau Pui Wing, has over 20 years of experience in accounting, auditing, taxation, and corporate finance[179] Investment Properties - Total rental income from investment properties in Hong Kong and Macau decreased by approximately 27% to HK$2,796,000, attributed to vacancies in a Macau retail shop and a Taikoo Shing property[34] - The valuation loss on investment properties amounted to HK$4,700,000, increasing the segment loss to HK$10,539,000 for the year, with total valuation dropping to HK$114,300,000 as of year-end 2023[34] - Rental income from Macau properties decreased by approximately 35% to HK$1,596,000, mainly due to the early termination of a retail shop lease[36] Strategic Initiatives - The Group plans to focus on attracting and retaining high-quality tenants to ensure a consistent flow of rental income amid uncertain property market recovery[41] - The Group will explore new business opportunities and expand revenue streams, particularly targeting higher-end middle-aged individuals seeking superior hair care services[46] - The Group aims to enhance its hair extension services and collaborate with strategic partners in the hair goods industry as opportunities arise[46]

Financial Performance - Total revenue for the year ended December 31, 2023, was HKD 53,037,000, an increase of 46% compared to HKD 36,381,000 in 2022[1] - Gross profit for the year was HKD 21,711,000, up from HKD 17,461,000 in the previous year, representing a 24.5% increase[1] - The company reported a loss before tax of HKD 33,129,000, compared to a loss of HKD 27,243,000 in 2022, indicating a 21.7% increase in losses[1] - The total comprehensive loss for the year was HKD 28,454,000, compared to HKD 27,352,000 in 2022, reflecting a 4% increase in comprehensive losses[3] - Basic and diluted loss per share for the year was HKD 8.81, compared to HKD 8.36 in the previous year, indicating a 5.4% increase in loss per share[3] - The group reported a loss before tax of HKD 10,814,000 in 2023, compared to HKD 5,570,000 in 2022, indicating a worsening financial position[33] - The company's net loss increased by 6% to approximately HKD 28,900,000, influenced by a gross profit increase of about HKD 4,250,000 and a property sale loss of HKD 900,000[45] Revenue Breakdown - Revenue from hotel and hospitality services significantly increased to HKD 31,393,000 in 2023, up from HKD 14,437,000 in 2022, representing a growth of 117%[17] - The hair design segment generated revenue of HKD 15,832,000 in 2023, a slight increase from HKD 15,085,000 in 2022[21] - The group’s securities investment revenue decreased to HKD 2,935,000 in 2023 from HKD 3,018,000 in 2022, reflecting a decline of 2.75%[21] - Rental income from investment properties was HKD 2,796,000 in 2023, down from HKD 3,821,000 in 2022, a decrease of 26.8%[21] - Revenue from hair design services increased from HKD 14,440,000 in 2022 to HKD 15,277,000 in 2023, an increase of approximately 5.8%[31] - Total revenue from external customers in Hong Kong decreased from HKD 33,934,000 in 2022 to HKD 51,441,000 in 2023, an increase of approximately 51.5%[28] Asset and Liability Management - Non-current assets decreased from HKD 362,290,000 in 2022 to HKD 345,138,000 in 2023, a decline of 4.7%[5] - Current assets decreased significantly from HKD 168,435,000 in 2022 to HKD 72,609,000 in 2023, a drop of 56.9%[5] - Total liabilities decreased from HKD 300,791,000 in 2022 to HKD 264,296,000 in 2023, a reduction of 12.1%[6] - The company's equity attributable to owners decreased from HKD 280,648,000 in 2022 to HKD 252,358,000 in 2023, a decline of 10.1%[6] - Total assets decreased from HKD 530,725,000 in 2022 to HKD 417,747,000 in 2023, a decline of approximately 21.3%[23] - Total liabilities decreased from HKD 249,797,000 in 2022 to HKD 165,273,000 in 2023, a decline of approximately 33.8%[23] Investment and Financing - The company incurred a fair value loss on investment properties of HKD 4,700,000, compared to HKD 2,800,000 in 2022, representing a 67.9% increase in losses[1] - The valuation loss on investment properties amounted to HKD 4,700,000, increasing the segment loss to HKD 10,539,000, with total investment property valuation dropping to HKD 114,300,000[50] - The fair value loss of securities investments increased by 1% to HKD 11,560,000 as of December 31, 2023[65] - The financial assets at fair value through profit or loss amounted to approximately HKD 51,098,000, down from HKD 58,940,000 in the previous year[66] - Interest expense on bank loans rose from HKD 5,193,000 in 2022 to HKD 9,896,000 in 2023, an increase of approximately 90.5%[33] - The company recorded a financing cost increase of HKD 5,244,000 due to rising interest rates since July 2022[46] Corporate Governance and Social Responsibility - The board of directors has the discretion to declare and pay dividends, considering various financial and operational factors, without guaranteeing any specific amount during any designated period[81] - The group has received multiple awards for its commitment to corporate social responsibility, including recognition as a "Caring Company" for 16 consecutive years[90] - The board is committed to maintaining high standards of corporate governance and business ethics, regularly reviewing governance practices to meet stakeholder expectations[91] - The company did not repurchase any of its own shares during the year[96] - The company and its subsidiaries did not purchase or sell any shares of the company during the year[96] Market Outlook and Future Plans - The company plans to focus on operational efficiency and revenue growth in 2024, amid increasing competition and changing consumer preferences[63] - The company aims to explore new business opportunities and expand revenue sources by targeting high-end middle-aged clients seeking quality hair care services[57] - The property market in Hong Kong is expected to gradually recover, with new home sales increasing tenfold in the first five days after the government lifted cooling measures[54] - Global economic uncertainty is expected to continue in 2024 due to geopolitical tensions, including the ongoing conflict between Russia and Ukraine and the recent Israel-Hamas war, which may lead to a significant economic downturn[82] - The Hong Kong economy is projected to grow by 2.5% to 3.5% in 2024, while Macau's GDP growth is expected to reach approximately 10%, recovering to about 90% of 2019 levels[85] - The group anticipates benefiting from the recovery of the tourism sector in Hong Kong and Macau, supported by government initiatives and a series of large-scale events planned for 2024[85]

Financial Performance - Revenue for the six months ended June 30, 2023, was HK$25,425,000, representing a 52% increase from HK$16,737,000 in the same period of 2022[13]. - Gross profit for the same period was HK$10,846,000, up 41% from HK$7,689,000 year-on-year[13]. - Loss before income tax increased to HK$22,240,000, compared to a loss of HK$14,870,000 in the prior year, reflecting a 49% increase in losses[13]. - Total comprehensive income for the period was a loss of HK$21,629,000, compared to a loss of HK$14,252,000 in the previous year[16]. - Basic and diluted loss per share attributable to owners of the Company was HK(6.85) cents, compared to HK(4.55) cents in the same period last year[16]. - The company reported a loss for the period amounting to HK$22,324,000 for the six months ended June 30, 2023[26]. - The Group reported a loss before income tax of HK$22,240,000 for the first half of 2023, compared to a loss of HK$14,870,000 in the same period of 2022[56]. - The Group delivered a net loss of HK$22,240,000, which is a 50% increase from the net loss of HK$14,870,000 in the corresponding period last year[109]. - The increase in net loss was mainly attributed to a fair value loss of HK$4,745,000 on financial assets at fair value through profit or loss and a fair value loss of HK$4,700,000 on investment properties[109]. Assets and Liabilities - As of June 30, 2023, total assets less current liabilities decreased to HK$278,644,000 from HK$300,791,000 as of December 31, 2022, representing a decline of approximately 7.36%[22]. - Net current liabilities increased to HK$79,733,000 as of June 30, 2023, compared to HK$61,499,000 as of December 31, 2022, indicating a rise of approximately 29.6%[22]. - The company's net assets decreased to HK$259,299,000 as of June 30, 2023, down from HK$280,928,000 at the end of 2022, reflecting a decline of about 7.7%[22]. - Cash and bank balances fell to HK$9,304,000 as of June 30, 2023, from HK$15,088,000 as of December 31, 2022, a decrease of approximately 38.5%[22]. - Total equity attributable to the owners of the company decreased to HK$258,935,000 as of June 30, 2023, down from HK$280,648,000 at the end of 2022, a decline of approximately 7.7%[22]. - Financial assets at fair value through profit or loss decreased to HK$52,450,000 as of June 30, 2023, from HK$58,940,000 as of December 31, 2022, a decrease of about 11%[22]. - The Group's consolidated total assets were HK$506,608,000 as of June 30, 2023, down from HK$530,725,000 at the end of 2022[60]. - The carrying amount of specified non-current assets as of June 30, 2023, was HK$355,677,000, slightly down from HK$356,834,000 as of December 31, 2022[69]. Segment Performance - Segment revenue for Hair Styling increased to HK$8,849,000 in 2023 from HK$6,650,000 in 2022, representing a growth of 33%[56]. - Hospitality Services segment revenue rose to HK$13,505,000 in 2023, up from HK$6,562,000 in 2022, marking a 105% increase[56]. - The Property Investments segment reported a loss of HK$7,478,000 in 2023, compared to a loss of HK$2,292,000 in 2022[56]. - The hair styling business reported a turnover of HK$8,849,000, representing a 33% increase year-on-year, with service income up 36% and product sales down 14%[115]. - The hospitality service segment achieved a turnover of HK$13,505,000, a 106% increase compared to the previous year, while segment profit decreased by 16% to HK$1,532,000[120]. Cash Flow and Financing - For the six months ended June 30, 2023, the net cash used in operating activities was HK$7,019,000, compared to HK$5,403,000 for the same period in 2022, indicating an increase in cash outflow[34]. - The net cash generated from investing activities was HK$13,491,000 for the six months ended June 30, 2023, contrasting with a cash outflow of HK$39,000 in the same period of 2022[34]. - The net cash used in financing activities increased to HK$12,256,000 in the first half of 2023 from HK$6,598,000 in the prior year[34]. - Total finance costs recognized in profit or loss for the six months ended June 30, 2023, amounted to HK$5,232,000, up from HK$1,633,000 in 2022, indicating a rise of 220%[74]. Market and Economic Outlook - The Macau property market is expected to remain subdued in the second half of 2023 due to interest rate hikes and a weakening global economy[114]. - The Group anticipates overall growth to pick up in the second half of 2023, driven by an increase in leisure visitors alongside essential travel[169]. - The economic outlook remains challenged by high inflation, interest rate hikes, and geopolitical tensions, impacting global economic recovery[164]. - The International Monetary Fund slightly raised the global economic growth forecast for 2023 from 2.8% to 3%, indicating that China is expected to be a key driver of global economic growth[164]. Corporate Governance and Shareholding - The company has complied with the Code on Corporate Governance Practices during the review period, with some deviations noted[198]. - Mr. TSANG Chiu Mo Samuel serves as both Executive Chairman and Chief Executive Officer, which is a deviation from the recommended separation of roles[199]. - As of June 30, 2023, ST (79) Investment Limited holds 88,275,577 shares, representing 27.07% of the total shareholding[187]. - The company maintains a register of substantial shareholders as required under Section 336 of the SFO[185].

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佈之內容概不負 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佈全部或 任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CENTURY LEGEND (HOLDINGS) LIMITED （於百慕達註冊成立之有限公司） 00079 （股份代號： ） 截至二零二三年六月三十日止六個月之 中期業績公佈 中期業績 世紀建業（集團）有限公司（「本公司」）董事會（「董事會」）謹此提呈本公司及其附屬 公司（「本集團」）截至二零二三年六月三十日止六個月之未經審核簡明綜合業績。 未經審核綜合業績已由本公司審核委員會審閱。 簡明綜合全面收入報表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 二零二三年 二零二二年 （未經審核） （未經審核） 附註 港幣千元 港幣千元 收益 5 25,425 16,737 銷售成本 (14,579) (9,048) ...

Financial Performance - Revenue for 2022 was HK$36,381,000, a slight decrease of 0.3% compared to HK$36,492,000 in 2021[10]. - Loss attributable to owners increased by 118% to HK$27,266,000 from HK$12,491,000 in the previous year[10]. - Basic and diluted loss per share both rose to HK$8.36, up 118% from HK$3.83 in 2021[10]. - Total equity decreased by 9% to HK$280,928,000 from HK$308,280,000 in 2021[10]. - Net asset value per share fell by 9% to HK$0.86 from HK$0.95 in the previous year[10]. - Total assets as of December 31, 2022, were HK$530,725,000, down from HK$547,198,000 in 2021[20]. - Total liabilities increased to HK$249,797,000 from HK$238,918,000 in 2021[20]. - The Group's net loss increased by 91% to approximately HK$27,333,000, influenced by various factors including a fair value loss on financial assets of HK$11,410,000 and an unrealized RMB exchange loss of HK$7,735,000[22][24]. Revenue Sources - Total revenue decreased by approximately 0.3% to HK$36,381,000, despite a 20% increase in hospitality services income, due to losses in the hair styling business and reduced rental income from investment properties[26][30]. - Gross profit for the year increased approximately 37% to HK$17,461,000, primarily due to reduced depreciation on right-of-use assets in the hospitality business segment[26][30]. - Other income rose by 86% to HK$13,438,000, mainly from a gain on the disposal of warehouse property of HK$7,462,000 and increased government subsidies of HK$2,022,000[27][31]. - Total rental income from Hong Kong and Macau investment properties decreased by approximately 11% to HK$3,821,000, attributed to vacancy periods and rental concessions[32][35]. - Rental income from Hong Kong properties decreased by approximately 4% to HK$1,374,000, with an investment yield of about 5%[36]. - Macau property rental income decreased by approximately 15% to HK$2,447,000, resulting in an average yield of about 4%[37]. - Turnover from the hair styling business decreased by approximately 8% to HK$15,085,000, with a net loss increasing to HK$295,000[40]. - Hospitality service business turnover increased by 20% to HK$14,437,000, with segment profit of HK$3,721,000[46]. Costs and Expenses - Finance costs increased by HK$2,253,000 due to rising HIBOR interest rates during the year[28][31]. - Administrative expenses increased by HK$7,233,000 to HK$36,369,000, largely due to an unrealized exchange loss on RMB deposits of HK$7,735,000[28][31]. - The valuation loss on investment properties was HK$2,800,000, increasing the segment loss to HK$7,076,000, with total valuation dropping to HK$128,200,000 as of year-end 2022[32][35]. - Total staff costs for the year ended December 31, 2022, amounted to approximately HK$11,710,000, a decrease from HK$12,512,000 in 2021[77][81]. Market Conditions - The US Federal Reserve raised interest rates by a total of 450 basis points in 2022 to combat inflation, which peaked at 9.1% year-on-year in June 2022[21]. - The company faced higher financial costs due to the high interest environment and incurred unrealized exchange losses from substantial RMB deposits[21]. - The ongoing geopolitical tensions, including the Russian-Ukraine war, contributed to rising energy prices and inflationary pressures globally[21]. - The outlook for 2023 is expected to be more stable with a projected GDP growth of approximately 3.5% in Hong Kong and up to 44% in Macau following significant economic disruptions due to the pandemic[84][86]. Strategic Initiatives - The Group plans to implement renovation plans for existing hotel properties with a focus on sustainability to maintain competitive advantage[54]. - The Group has resumed exploring project plans that were on hold due to the pandemic, including the addition of a boutique hotel in Yau Ma Tei to its hospitality portfolio[90]. - The company plans to introduce new branded products to increase sales and is optimistic about the government's new Consumption Voucher Scheme boosting product sales[49]. - The Group is considering leveraging technology to address hiring challenges in a tight labor market, allowing staff to focus more on customer service[90]. Corporate Governance and Compliance - The company is committed to corporate governance and compliance with the Listing Rules[158]. - The Group has complied with all relevant laws and regulations impacting its operations during the year[102]. - The company has a diverse board with extensive experience in various sectors, including finance, marketing, and hotel management[167][174][175][176][177]. Shareholder Information - The total number of ordinary shares available for issue under the share option scheme is 29,347,742 shares, representing 9% of the issued share capital as of the date of the annual report[119]. - The company has not disclosed any other interests or short positions in shares by its Directors and Chief Executives as of the reporting date[196]. - The largest customer accounted for 4% of the Group's sales, while the five largest customers combined represented 10% of total sales[146][148]. - The largest supplier constituted 41% of the Group's purchases, and the five largest suppliers combined accounted for 89% of total purchases[146][148].