STELUX Holdings International Limited 赛光寶業(國際)有限公司 於百慕達註冊成立的有限公司 http://www.stelux.com 股份代號:84 二零二四／二零二五年度中期報告 網址：www.stelux.com 中期報告 截至2024年9月30日止六個月 寶光實業（國際）有限公司（「本公司」或「我們」）的董事（「董事」）會（「董事會」）提呈本公司及其附 屬公司（以下合稱「本集團」）截至2024年9月30日止六個月（「期內」）的未經審核綜合中期業績及 財務資料。本集團截至2024年9月30日止六個月的未經審核簡明綜合收益表及未經審核簡明綜 合全面收益表、於2024年9月30日的未經審核簡明綜合資產負債表、截至2024年9月30日止六 個月未經審核簡明綜合現金流量表及未經審核簡明綜合權益變動表以及有關附註載列如下。 簡明綜合收益表 截至2024年9月30日止六個月 | --- | --- | --- | --- | |---------------------------------------------------------------------------- ...

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。 於百慕達註冊成立的有限公司 網址：http://www.stelux.com 股份代號：84 業績公佈 截至2024年9月30日止六個月 寶光實業（國際）有限公司（「本公司」或「我們」）董事會（「董事會」）公佈本公司及其附屬公司（以下合稱 「本集團」）截至2024年9月30日止六個月（「期內」）未經審核的綜合中期業績及財務資料如下： 簡明綜合收益表 截至2024年9月30日止六個月 | --- | --- | |--------------|------------| | | | | 未經審核 | | | 截至 9 月 30 | 日止六個月 | | 2024 年 | 2023 年 | | 港幣千元 | 港幣千元 | | | | | 302,242 | 368,294 | | (160,323) | (189,653) | | | | | 141,919 | 178,641 | | 2,898 | (3, ...

7. 公平值計量（續） 8. 收入及分部資料 收入是指來自鐘錶零售分部及鐘錶批發分 部的商品銷售。營運分部間之銷售按相等 於現行按公平原則進行的交易之條款進 行。行政董事按除利息及稅項前經調整盈 利（「EBIT」）評核營運分部之業績，計算該 盈利時不包括未分配收入及集團行政淨支 出。 STELUX Holdings International Limited ANNUAL REPORT 2024 117 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報表附註 118 寶光實業（國際）有限公司 2024年年報 8. 收入及分部資料（續） 按地區分析集團收入及分部業績如下： | --- | --- | --- | --- | |-------------------------------------|----------------------|---------------------------|-----------------------| | | | 2024 HK$'000 港幣仟元 | 2023 HK$'000 港幣仟元 | | Hong K ...

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。 於百慕達註冊成立的有限公司 網址：http://www.stelux.com 業績公佈 截至2024年3月31日止年度 寶光實業（國際）有限公司（「本公司」）董事會公佈本公司及其附屬公司（以下合稱「本集團」）截至2024年 3月31日止年度的業績如下： 綜合收益表及全面收益表 股份編號：84 截至2024年3月31日止年度 | | | 2024年 | 2023年 | | --- | --- | --- | --- | | | 附註 | 港幣仟元 | 港幣仟元 | | 收入 | 3 | 767,561 | 805,454 | | 銷售成本 | | (381,888) | (440,309) | | 毛利 | | 385,673 | 365,145 | | 其他收益 | 4 | 514,791 | 93,315 | | 其他收入 | | 28,865 | 34,156 | | 銷售支出 | | (247,95 ...

簡明綜合收益表 截至2023年9月30日止六個月 | | | 未經審核 | | | --- | --- | --- | --- | | | | 截至9月30日止六個月 | | | | | 2023年 | 2022年 | | | 附註 | 港幣仟元 | 港幣仟元 | | 收入 | 2 | 368,294 | 408,349 | | 銷售成本 | | (189,653) | (226,900) | | 毛利 | | 178,641 | 181,449 | | 其他（虧損）╱收益 | 3 | (3,218) | 73,599 | | 其他收入 | 4 | 13,648 | 20,276 | | 銷售支出 | | (121,224) | (116,026) | | 一般及行政支出 | | (78,817) | (85,401) | | 其他營運支出 | | (784) | (5,678) | | 財務成本 | | (14,509) | (8,670) | | 除稅前（虧損）╱溢利 | 5 | (26,263) | 59,549 | | 所得稅支出 | 6 | (3,641) | (6,163) | | 期內（虧損）╱ ...

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。 於百慕達註冊成立的有限公司 網址：http://www.stelux.com 股份編號：84 業績公佈 截至2023年9月30日止六個月 寶光實業（國際）有限公司（「本公司」）董事會公佈本公司及其附屬公司（以下合稱「本集團」）截至2023年 9月30日止六個月的中期業績及財務資料如下： 簡明綜合收益表 截至2023年9月30日止六個月 未經審核 截至9月30日止六個月 2023年 2022年 附註 港幣千元 港幣千元 收入 2 368,294 408,349 銷售成本 (189,653) (226,900) ...

（Stock Code 股份代號：84） Annual Report 2023 年報二零二三 STELUX HOLDINGS INTERNATIONAL LIMITED ANNUAL REPORT 2023 寶光實業（國際）有限公司 年報二零二三 CONTENTS 目 錄 | Financial Summary | 財務摘要 | 1 | | --- | --- | --- | | Report of the Directors | 董事會報告書 | 2 | | Management Discussion and Analysis | 管理層討論及分析 | 26 | | Independent Auditor's Report | 獨立核數師報告 | 33 | | Consolidated Income Statement and Statement | 綜合收益表及其他全面 | | | of Other Comprehensive Income | 收益表 | 44 | | Consolidated Balance Sheet | 綜合資產負債表 | 45 | | Consolidated Statement ...

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。 於百慕達註冊成立的有限公司 網址：http://www.stelux.com 股份編號：84 業績公佈 截至2023年3月31日止年度 重點 • 集團營業額上升16.3%至HK$805.5佰萬 • 本公司權益持有人應佔溢利為HK$50.8佰萬已經計及下列項目： – 出售一間香港物業收益（「出售收益」）HK$78.7佰萬(2021/22財政年度：無）； – 香港財務報告準則第16號租賃的會計影響（非現金）HK$12.4佰萬（收入）(2021/22財政年 度：HK$29.1佰萬（收入））； – 有關使用權資產的減值虧損（非現金）HK$5.6佰萬(2021/22財政年度：HK$8.1佰萬），主要 ...

STELUX Holdings International Limited 赛光寶業(國際)有限公司 於百慕達註冊成立的有限公司 http://www.stelux.com 股份代號:84 二零二二／二零二三年度中期報告 網址：www.stelux.com 中期報告 截至2022年9月30日止六個月 寶光實業（國際）有限公司（「本公司」）的董事會提呈本公司及其附屬公司（以下合稱「本集團」）截 至2022年9月30日止六個月的中期業績及財務資料。本集團截至2022年9月30日止六個月的未 經審核簡明綜合業績、於2022年9月30日的未經審核簡明綜合資產負債表、截至2022年9月30 日止六個月未經審核簡明綜合現金流量表及未經審核簡明綜合權益變動表以及有關附註載列如 下。 簡明綜合收益表 截至2022年9月30日止六個月 | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------|-------|--------------------- ...

Financial Performance - Revenue for the year ended March 31, 2022, was HK$692.5 million, a decrease of 1.6% from HK$706.3 million in 2021[4] - Net loss for the year was HK$106.5 million, compared to a net loss of HK$81.6 million in the previous year, representing a 30.5% increase in losses[4] - Total assets as of March 31, 2022, were HK$1,182.0 million, down from HK$1,357.8 million in 2021, indicating a decrease of 12.9%[4] - Shareholders' funds decreased to HK$378.1 million in 2022 from HK$487.5 million in 2021, a decline of 22.4%[4] - The Group's results for the year ended March 31, 2022, are detailed in the consolidated income statement and statement of comprehensive income on page 45[20] - Group turnover decreased by 1.95% to HK$692.5 million compared to HK$706.3 million in FY2020/21[125] - Loss attributable to equity holders of the Company was HK$106.7 million, up from HK$81.9 million in FY2020/21[125] - Total comprehensive loss for the year was HK$109,849,000, compared to a loss of HK$42,504,000 in the previous year[191] - Total equity decreased to HK$384,748,000 from HK$494,597,000, a reduction of about 22.2%[192] - The company reported a loss for the year of HK$106,716,000 for the fiscal year ending March 31, 2022, compared to a loss of HK$106,460,000 in the previous year, indicating a slight increase in losses[198] Dividends and Reserves - The company did not declare any interim or final dividends for the year ended March 31, 2022[4] - No interim dividend was paid during the year, consistent with the previous year[20] - The directors did not recommend the payment of a final dividend for the year ended March 31, 2022, mirroring the previous year's decision[20] - As of March 31, 2022, the distributable reserves available for distribution as dividends to shareholders were HK$32.737 million, unchanged from the previous year[20] - The company's reserves decreased from HK$382,873,000 on April 1, 2021, to HK$273,499,000 by March 31, 2022, representing a reduction of approximately 28.6%[198] Operational Insights - The principal activity of the company is investment holding, with no significant events occurring since the end of FY2021/22 apart from the COVID-19 pandemic[8] - The company aims to enhance customer engagement through a diverse range of lifestyle products, including trendy and smart watches[8] - The multi-branded retailer "CITY CHAIN" continues to attract customers seeking fashionable watch options[8] - The Group's watch wholesale business includes a large network of independent dealers in Hong Kong, Singapore, and Malaysia, with many partnerships lasting over 25 years[11] - The Group's suppliers have been partners for over 20 years, with credit terms ranging from 30 to 90 days[11] - The Group's online business in Hong Kong sustained a growing trend with a year-on-year growth of 20.4% recorded[131] - Business recovery was noted since April 2022, with annual sales growth of approximately 22% in Hong Kong throughout April and May 2022[131] Inventory and Cash Flow Management - Effective inventory management is crucial, with systems in place to monitor inventory levels, aging, and turnover ratios, adopting a conservative approach to stock ordering[14] - Inventory balance declined by 2.5% or HK$6.6 million compared to the balance at 31 March 2021 due to strict inventory control[128] - Cash flow management was strengthened due to a challenging business environment, with measures adopted to improve liquidity[14] - Cash inflow from operations was HK$92.2 million, with unutilized banking facilities amounting to HK$82.7 million as of March 31, 2022[139] Management and Governance - The company confirms that Dr. Agnes Kwong Yi Hang will not seek re-election as an independent non-executive director after serving nearly 16 years[23] - Mr. Wallace Kwan Chi Kin has been with the Group since November 2011 and was appointed as CFO in July 2013, bringing 30 years of financial management experience[34] - The company has formal letters of appointment for its directors, outlining key terms and conditions[23] - The Group's directors have no service contracts that are not terminable within one year without compensation[23] - The company has a diverse board with members holding degrees from prestigious institutions, including the University of Hong Kong and the University of Manchester[34][35] Risks and Challenges - The Group faces risks from COVID-19 disruptions, impacting physical store operations due to lockdowns and social distancing measures[11] - The Group maintains prudent treasury management policies to address liquidity needs for both short-term and long-term operations[138] Audit and Compliance - The directors are responsible for preparing consolidated financial statements that provide a true and fair view in accordance with HKFRSs and the Companies Ordinance[1] - The audit aims to obtain reasonable assurance that the consolidated financial statements are free from material misstatement, whether due to fraud or error[2] - The auditor evaluates the appropriateness of accounting policies and the reasonableness of accounting estimates made by the directors[4] - The audit report is dated June 23, 2022, by RSM Hong Kong[10] Continuing Connected Transactions - The Group's continuing connected transactions included leasing properties with an expense of HK$7,883,000[79] - The annual cap for leasing properties was set at HK$7,883,000, indicating compliance with the Listing Rules[79] - The Group's auditor issued an unqualified letter regarding the continuing connected transactions, confirming compliance with the Listing Rules[78] - The continuing connected transactions constitute related party transactions, disclosed in the financial statements[118]