智通财经APP讯，ASIA COMM HOLD(00104)发布截至2025年9月30日止6个月业绩，该集团期内取得营 业收入3.09亿港元，同比减少9%;归属于公司持有人的溢利3280.4万港元，同比减少8%;每股基本盈利 4.39港仙。 ...

格隆汇11月25日丨ASIA COMM HOLD(00104.HK)公告，截至2025年9月30日止6个月，集团营业收入为 3.09亿港元，同比减少9%。尽管销售额于本期间内轻微下降，惟由于需求依然强劲，市场保持韧性。 集团于期间录得纯利3300万港元，而去年同期则录得纯利3600万港元。每股盈利4.39港仙。 集团目前于中国大陆经营5间店铺。集团期内仍将重点放在核心商店，并已精简营运成本，并将持续此 一做法，旨在进一步提升每家商店的成本效益。上述店铺的未来业务前景仍取决于中国大陆经济于面临 目前挑战后的复苏情况。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 ASIA COMMERCIAL HOLDINGS LIMITED 冠亞商業集團有限公司 * （於百慕達註冊成立之有限公司） （股份代號：104） 截至二零二五年九月三十日止六個月 未經審核中期業績公告 財務摘要 | 二零二五年 | 截至九月三十日止六個月 二零二四年 | 變動 | | --- | --- | --- | | 千港元 | 千港元 | 百分比 | | （未經審核） | （未經審核） | | 經營 | 歸屬於本公司持有人之溢利 | 32,804 | 35,816 | (8) | | --- | --- | --- | --- | | 營業收入 | 308,764 | 337,849 | (9) | 每股盈利 | | | | 於二零二五年 | 於二零二五年 | | | --- | --- | --- | | 九月三十日 | 三月三十一日 | 變動 | | 百萬港元 | 百萬港元 | 百分比 | | ...

格隆汇11月13日丨ASIA COMM HOLD(00104.HK)公布，公司董事会将于2025年11月25日(星期二)假座 香港湾仔皇后大道东183号合和中心39楼3901室举行董事会会议，藉以批准(其中包括)公司及其附属公 司截至2025年9月30日止六个月的中期业绩。 ...

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分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 承董事會命 冠亞商業集團有限公司 鄭嘉聰 公司秘書 香港，二零二五年十一月十三日 於本公告日，董事會由執行董事林金鳳女士，楊玉女士及楊峰銘先生，以及獨立 非執行董事賴思明先生、李達祥先生及紀華士先生組成。 * 僅供識別 ASIA COMMERCIAL HOLDINGS LIMITED 冠亞商業集團有限公司* （於百慕達註冊成立之有限公司） （股份代號：104） 董事會會議公告 冠亞商業集團有限公司 (「本公司」) 之董事會(「董事會」)謹此公佈，本公司 董事會將於二零二五年十一月二十五日(星期二)假座香港灣仔皇后大道東183號 合和中心39樓3901室舉行董事會會議，藉以批准(其中包括)本公司及其附屬 公司截至二零二五年九月三十日止六個月之中期業績。 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00104 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | HKD | | 0.2 HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 2,500,000,000 | HKD | | 0.2 HKD | | 500,000,000 | 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 冠亞商業集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 (A). ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 冠亞商業集團有限公司 (於百慕達註冊成立之有限公司) 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00104 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | HKD | | 0.2 HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 2,500,000,000 | HKD | | 0.2 HKD | | 500,000,000 | 本月底法定 ...

FF301 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00104 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | HKD | | 0.2 HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 2,500,000,000 | HKD | | 0.2 HKD | | 500,000,000 | 本月底法定/註冊股本總額： HKD 500,000,000 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 冠亞商業集團有限公司 (於百慕達註冊成 ...

2024 / 2025 冠亞商業集團有限公司 《酒慕離珊成立有限可》 《 CONTENTS 目錄 | Corporate Information | 公司資料 | 2 | | --- | --- | --- | | Profile of Directors and Senior Management | 董事及高層管理人員簡介 | 4 | | Management Discussion and Analysis | 管理層討論及分析 | 7 | | Directors' Report | 董事會報告 | 12 | | Corporate Governance Report | 企業管治報告 | 24 | | Environmental, Social and Governance Report | 環境、社會及管治報告 | 38 | | Independent Auditor's Report | 獨立核數師報告 | 46 | | Consolidated Statement of Profit or Loss | 綜合損益表 | 52 | | Consolidated Statement of Profit ...

[Annual Results Announcement Summary](index=1&type=section&id=Annual%20Results%20Announcement%20Summary) [Financial Highlights](index=1&type=section&id=Financial%20Highlights) The Group's financial performance for the year ended March 31, 2025, shows a slight increase in operating revenue, but a decrease in profit attributable to owners and earnings per share, with total assets and equity also slightly reduced | Indicator | 2025 (million HKD) | 2024 (million HKD) | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 709 | 705 | 1 | | Profit Attributable to Owners of the Company | 24 | 26 | (8) | | Earnings Per Share - Basic (HK cents) | 3.27 | 3.51 | (7) | | Final Dividend Proposed After Reporting Period | 20 | 26 | (23) | | Total Assets | 713 | 773 | (8) | | Equity Attributable to Owners of the Company | 442 | 445 | (1) | [Consolidated Financial Statements](index=2&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Income Statement](index=2&type=section&id=Consolidated%20Income%20Statement) The Group's operating revenue for the year ended March 31, 2025, slightly increased, but profit for the year and profit attributable to owners both decreased due to increased fair value losses on investment properties and income tax expenses | Indicator | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Operating Revenue | 709,373 | 705,403 | | Cost of Sales and Services | (476,865) | (471,038) | | Gross Profit | 232,508 | 234,365 | | Fair Value Loss on Investment Properties, Net | (37,241) | (31,731) | | Distribution Costs | (99,346) | (100,436) | | Administrative Expenses | (34,839) | (30,768) | | Finance Costs | (9,102) | (10,578) | | Profit Before Tax | 60,604 | 65,094 | | Income Tax | (36,140) | (38,893) | | Profit for the Year | 24,464 | 26,201 | | Profit Attributable to Owners of the Company | 24,465 | 26,202 | | Earnings Per Share (Basic and Diluted) (HK cents) | 3.27 | 3.51 | [Consolidated Statement of Comprehensive Income](index=3&type=section&id=Consolidated%20Statement%20of%20Comprehensive%20Income) Profit for the year decreased, but total comprehensive income for the year increased compared to the previous year due to a significant reduction in exchange differences arising from the translation of overseas operations | Indicator | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Profit for the Year | 24,464 | 26,201 | | Exchange Differences Arising from Translation of Overseas Operations | (1,013) | (7,347) | | Other Comprehensive Loss for the Year | (1,013) | (7,347) | | Total Comprehensive Income for the Year | 23,451 | 18,854 | | Total Comprehensive Income Attributable to Owners of the Company | 23,452 | 18,855 | [Consolidated Statement of Financial Position](index=4&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of March 31, 2025, the Group's non-current assets and current liabilities both decreased, leading to an increase in net current assets, while total assets and total liabilities declined, maintaining relatively stable net assets | Indicator | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | **Non-current Assets** | | | | Property, Plant and Equipment | 44,018 | 67,765 | | Investment Properties | 310,207 | 338,596 | | **Current Assets** | | | | Inventories | 100,850 | 105,643 | | Trade and Other Receivables | 64,924 | 78,391 | | Cash and Cash Equivalents | 173,968 | 164,940 | | **Current Liabilities** | | | | Trade and Other Payables | 75,210 | 80,382 | | Bank Borrowings | 134,320 | 158,840 | | **Non-current Liabilities** | | | | Deferred Tax Liabilities | 14,010 | 23,125 | | Lease Liabilities | 13,802 | 25,861 | | **Equity** | | | | Net Assets | 441,968 | 444,517 | | Equity Attributable to Owners of the Company | 441,973 | 444,521 | [Notes to the Consolidated Financial Statements](index=6&type=section&id=Notes%20to%20the%20Consolidated%20Financial%20Statements) [Basis of Preparation and Significant Accounting Policies](index=6&type=section&id=Basis%20of%20Preparation%20and%20Significant%20Accounting%20Policies) This section outlines the basis for preparing the consolidated financial statements, including compliance with HKFRSs, the Hong Kong Companies Ordinance, and the Listing Rules, detailing the historical cost basis of measurement with exceptions for fair value presentation, and noting no material impact from new accounting standards applied this year - Consolidated financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, the Hong Kong Companies Ordinance, and the Listing Rules[9](index=9&type=chunk) - Financial statements are primarily measured at historical cost, with investment properties and equity securities presented at fair value[10](index=10&type=chunk)[11](index=11&type=chunk) - Revisions to Hong Kong Financial Reporting Standards (such as classification of liabilities, supplier finance arrangements, and lease liabilities in sale and leaseback transactions) applied for the first time this year had no material impact on the Group's financial position or performance[12](index=12&type=chunk) [Operating Revenue, Other Income and Net Gains/(Losses)](index=7&type=section&id=Operating%20Revenue%2C%20Other%20Income%20and%20Net%20Gains%2F%28Losses%29) This section details the composition of the Group's operating revenue, primarily from watch sales and property rental income, and lists other income and net gains/losses, with government grants significantly increasing this year - Operating revenue primarily comprises gross revenue from watch sales and property rental income, with revenue from watch sales recognized when control of goods is transferred[14](index=14&type=chunk) | Source of Operating Revenue | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Watch Sales | 698,975 | 696,162 | | Service Income | 1,167 | 946 | | Rental Income from Investment Properties | 9,231 | 8,295 | | **Total Operating Revenue** | **709,373** | **705,403** | - Net other income turned from a loss last year to a gain this year, primarily due to a significant increase in government grants (**HKD 6,555 thousand in 2025** vs **HKD 10 thousand in 2024**)[15](index=15&type=chunk) [Segment Reporting](index=9&type=section&id=Segment%20Reporting) This section reports the Group's business management and resource allocation based on two reportable segments: watch sales and property leasing, providing analysis of revenue, results, assets, and liabilities for each segment, as well as revenue and non-current asset information by geographical location - The Group's main operating segments are "Watch Sales" and "Property Leasing," which are used by the chief operating decision-maker to assess resource allocation and performance[16](index=16&type=chunk) | Segment | 2025 External Revenue (thousand HKD) | 2024 External Revenue (thousand HKD) | 2025 Segment Results (thousand HKD) | 2024 Segment Results (thousand HKD) | | :--- | :--- | :--- | :--- | :--- | | Watch Sales | 698,975 | 696,162 | 105,184 | 104,231 | | Property Leasing | 9,231 | 8,295 | (38,340) | (33,833) | | **Total** | **708,206** | **704,457** | **66,844** | **70,398** | | Geographical Region | 2025 Revenue from External Customers (thousand HKD) | 2024 Revenue from External Customers (thousand HKD) | 2025 Non-current Assets (thousand HKD) | 2024 Non-current Assets (thousand HKD) | | :--- | :--- | :--- | :--- | :--- | | Mainland China | 696,218 | 693,077 | 34,328 | 57,317 | | Hong Kong (Domicile) | 12,100 | 10,957 | 189,810 | 228,333 | | Switzerland | 1,055 | 1,369 | 18,744 | 18,863 | | United Kingdom | – | – | 111,343 | 106,154 | | **Total** | **709,373** | **705,403** | **354,225** | **410,667** | [Profit Before Tax](index=12&type=section&id=Profit%20Before%20Tax) This section details the various expenses and income affecting profit before tax, including finance costs, employee benefit expenses, and other operating items, noting a decrease in finance costs due to reduced bank borrowings, while administrative expenses and fair value losses on investment properties increased | Finance Costs | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Interest on Bank Borrowings | 7,179 | 8,260 | | Interest on Lease Liabilities | 1,923 | 2,318 | | **Total Finance Costs** | **9,102** | **10,578** | | Employee Benefit Expenses | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Salaries, Wages and Other Benefits | 52,721 | 48,664 | | Contributions to Retirement Benefit Schemes | 3,694 | 3,637 | | **Total Employee Benefit Expenses** | **56,415** | **52,301** | - Administrative expenses increased by **13% to HKD 35 million**, primarily due to increased directors' emoluments[40](index=40&type=chunk) - Net fair value loss on investment properties increased from **HKD 31,731 thousand to HKD 37,241 thousand**, mainly affected by the sluggish property markets in Hong Kong and London[5](index=5&type=chunk)[40](index=40&type=chunk) [Income Tax](index=14&type=section&id=Income%20Tax) This section outlines the Group's income tax policies and rates across different jurisdictions, including Mainland China, Hong Kong, Switzerland, Bermuda, British Virgin Islands, and the United States, and explains the tax provision situation | Tax Type | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | PRC Enterprise Income Tax (Current Year) | 37,494 | 36,955 | | Hong Kong Profits Tax (Current Year) | 5,296 | 4,912 | | Deferred Tax | (6,697) | (2,990) | | **Income Tax Expense** | **36,140** | **38,893** | - Mainland China subsidiaries meeting the criteria for small-profit enterprises enjoy preferential tax treatment, with **75% of taxable profit exempt** and the remaining **25% taxed at 20%**[26](index=26&type=chunk) - Hong Kong, Swiss, and US subsidiaries made no profits tax provision for the current year due to accumulated tax losses or no taxable profits[25](index=25&type=chunk)[26](index=26&type=chunk) [Dividends and Earnings Per Share](index=15&type=section&id=Dividends%20and%20Earnings%20Per%20Share) This section reports the proposed final dividend for the current year and the approved dividend for the previous financial year, and calculates basic and diluted earnings per share, noting that basic and diluted earnings are identical due to the absence of dilutive potential shares | Dividend Type | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Final Dividend Proposed After Reporting Period (per share) | 20,000 (HKD 0.02677) | 26,000 (HKD 0.0348) | | Final Dividend for Previous Financial Year Approved and Paid During the Year (per share) | 26,000 (HKD 0.0348) | 35,040 (HKD 0.0469) | | Earnings Per Share | 2025 (HK cents) | 2024 (HK cents) | | :--- | :--- | :--- | | Basic and Diluted | 3.27 | 3.51 | [Trade and Other Receivables](index=16&type=section&id=Trade%20and%20Other%20Receivables) This section provides a detailed breakdown and aging analysis of trade and other receivables, indicating that the Group typically grants credit terms of immediate to 180 days to customers, and the total amount of receivables has decreased | Type of Receivables | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Trade Receivables (net of loss allowance) | 56,203 | 70,574 | | Other Receivables | 1,960 | 4,032 | | Deposits and Prepayments | 9,895 | 8,091 | | **Total** | **68,058** | **82,697** | - The aging analysis of trade receivables shows that amounts due within **immediate to 90 days** constitute the largest portion, and the total amount decreased from **HKD 70,574 thousand in 2024 to HKD 56,203 thousand in 2025**[34](index=34&type=chunk) [Trade and Other Payables](index=17&type=section&id=Trade%20and%20Other%20Payables) This section details the composition and aging analysis of trade and other payables, indicating that all payables are expected to be settled within one year, and the total amount has decreased | Type of Payables | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Trade Payables | 2,229 | 2,462 | | Other Payables and Accruals | 25,919 | 23,735 | | Other Tax Payables | 45,929 | 53,107 | | **Total** | **77,914** | **83,041** | - The aging analysis of trade payables shows that amounts due within **immediate to 90 days** constitute the largest portion, and the total amount decreased from **HKD 2,462 thousand in 2024 to HKD 2,229 thousand in 2025**[36](index=36&type=chunk) [Management Discussion and Analysis](index=18&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review](index=18&type=section&id=Business%20Review) The Group's operating revenue for the current year remained flat compared to the previous year, with stable sales in Mainland China; the "Watch Sales" segment remains the core business, contributing HKD 699 million in revenue, while the "Property Leasing" segment revenue grew by 13% to HKD 9 million, primarily due to new lease agreements taking effect, and the Group maintains 5 stores in Mainland China - Operating revenue for the current year was **HKD 709 million**, comparable to **HKD 705 million** in the previous year, with stable sales in Mainland China[37](index=37&type=chunk) - The "Watch Sales" segment contributed **HKD 699 million** in operating revenue, while "Property Leasing" segment revenue grew by **13% to HKD 9 million**, mainly due to new lease agreements taking effect[37](index=37&type=chunk) - The Group operates **5 stores** in Mainland China, consistent with the previous year[38](index=38&type=chunk) [Financial Review](index=18&type=section&id=Financial%20Review) The Group's operating revenue and gross profit margin remained consistent with the previous year; administrative expenses increased by 13% due to higher directors' emoluments, and fair value losses on investment properties expanded due to market downturns; finance costs decreased by 18% due to reduced bank borrowings, and government grants transformed net other income from a loss to a gain, ultimately leading to a slight decrease in net profit for the year - Operating revenue was **HKD 709 million**, with a gross profit margin of **33%**, both consistent with the previous year[39](index=39&type=chunk) - Administrative expenses increased by **13% to HKD 35 million**, primarily due to increased directors' emoluments[40](index=40&type=chunk) - Fair value loss on investment properties expanded to **HKD 37 million**, mainly affected by the sluggish property markets in Hong Kong and London[40](index=40&type=chunk) - Finance costs decreased by **18% to HKD 9 million**, primarily due to reduced bank borrowings[41](index=41&type=chunk) - Net other income turned from a loss of approximately **HKD 0.2 million** in the previous year to a gain of **HKD 8 million** in the current year, mainly attributable to government grants[41](index=41&type=chunk) - Net profit for the current year was **HKD 24 million**, a decrease from **HKD 26 million** in the previous year[41](index=41&type=chunk) [Liquidity, Financial Resources and Capital Structure](index=19&type=section&id=Liquidity%2C%20Financial%20Resources%20and%20Capital%20Structure) The Group's cash balance increased, primarily driven by operating cash flow, but partially offset by repayment of bank borrowings and dividend payments; total bank borrowings decreased, and the gearing ratio fell to 30%, indicating reduced financial leverage | Indicator | As of March 31, 2025 (million HKD) | As of March 31, 2024 (million HKD) | | :--- | :--- | :--- | | Total Cash Balance | 179 | 165 | | Bank Borrowings | 134 | 159 | | Gearing Ratio | 30% | 36% | - The increase in cash balance was primarily due to increased cash flows from operating activities, partially offset by repayment of bank borrowings and dividend payments[42](index=42&type=chunk) - Bank borrowings are secured by investment properties, corporate guarantees, subordinated payables from subsidiaries, and assignment of rental income[42](index=42&type=chunk) [Foreign Exchange Risk](index=19&type=section&id=Foreign%20Exchange%20Risk) The Group primarily faces foreign exchange risks related to HKD, RMB, GBP, and CHF, and manages these risks by utilizing financial instruments as appropriate - Major currencies are **HKD, RMB, GBP, and CHF**[43](index=43&type=chunk) - The Group hedges foreign exchange risks through the use of financial instruments[44](index=44&type=chunk) [Outlook](index=19&type=section&id=Outlook) The Group will continue to focus on core stores, streamline operating costs to enhance efficiency, and prudently develop its "Property Leasing" business, including investment properties in Hong Kong and London; despite the slowdown in the Mainland Chinese economy posing challenges to luxury retail, the Group will continue to improve its business and expand cautiously - The Group will continue to focus on core stores and streamline operating costs, aiming to enhance cost-effectiveness for each store[45](index=45&type=chunk) - The slowdown in the Mainland Chinese economy poses future challenges for the luxury retail business[45](index=45&type=chunk) - The Group will continue to develop its "Property Leasing" segment, including residential properties in London in addition to its main investment properties in Hong Kong[45](index=45&type=chunk) - The Group will continuously improve its business and adopt a cautious approach to future expansion[46](index=46&type=chunk) [Corporate Governance Practices](index=20&type=section&id=Corporate%20Governance%20Practices) The Company is committed to maintaining high standards of corporate governance and complies with the Listing Rules' Corporate Governance Code, though there is a deviation regarding directors' rotation due to restrictions under the Bermuda Companies Act; the Chairman of the Board voluntarily retires by rotation every three years, and the Board confirms that directors responsibly discharge their duties and will continuously review and improve governance practices - The Company complies with Appendix C1 of the Listing Rules' Corporate Governance Code, but deviates regarding directors' rotation due to restrictions under the Bermuda Companies Act[47](index=47&type=chunk) - The Chairman of the Board voluntarily retires from directorship at the annual general meeting at least once every three years and is eligible for re-election[48](index=48&type=chunk) - Except for a few directors, the Company has not entered into written appointment letters with directors, but the Board confirms that directors responsibly discharge their duties[49](index=49&type=chunk) - All directors confirm compliance with the Model Code for Securities Transactions by Directors of Listed Issuers[50](index=50&type=chunk) [Other Information](index=21&type=section&id=Other%20Information) [Final Dividend](index=21&type=section&id=Final%20Dividend) The Board recommends a final dividend of HKD 0.02677 per share, subject to approval at the Annual General Meeting - The Directors recommend a final dividend of **HKD 0.02677 per share** for the year ended March 31, 2025 (2024: HKD 0.0348 per share)[51](index=51&type=chunk) [Purchase, Sale or Redemption of Listed Securities](index=21&type=section&id=Purchase%20%2C%20Sale%20or%20Redemption%20of%20Listed%20Securities) Neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities during the year - Neither the Company nor any of its subsidiaries purchased, sold, or redeemed any of the Company's listed securities during the year[52](index=52&type=chunk) [Employees and Remuneration Policy](index=21&type=section&id=Employees%20and%20Remuneration%20Policy) As of March 31, 2025, the Group employed 114 staff, offering a competitive remuneration package and incentive bonuses | Indicator | As of March 31, 2025 | | :--- | :--- | | Total Number of Employees | 114 | - The Group offers a competitive remuneration package and incentives (such as discretionary bonuses) to motivate employees[53](index=53&type=chunk) [Closure of Register of Members](index=22&type=section&id=Closure%20of%20Register%20of%20Members) To determine eligibility for attending the Annual General Meeting and entitlement to the final dividend, the company will suspend its share registration in two separate periods, with specified cut-off dates - To determine eligibility for attending the Annual General Meeting, the register of members will be closed from **August 22 to August 27, 2025**[54](index=54&type=chunk) - To determine eligibility for the final dividend, the register of members will be closed from **September 3 to September 5, 2025**[54](index=54&type=chunk) [Audit Committee](index=22&type=section&id=Audit%20Committee) The Audit Committee assists the Board in reviewing the financial reporting process, internal controls, and risk management systems, with all members being independent non-executive directors - The Audit Committee is responsible for reviewing the financial reporting process, internal controls, and risk management systems[55](index=55&type=chunk) - All members of the Audit Committee are independent non-executive directors[55](index=55&type=chunk) [Scope of Work of Crow Horwath (HK) CPA Limited](index=22&type=section&id=Scope%20of%20Work%20of%20Crow%20Horwath%20%28HK%29%20CPA%20Limited) The Group's auditor, Crow Horwath (HK) CPA Limited, has agreed that the annual results announcement data is consistent with the audited consolidated financial statements, but their work does not constitute an assurance engagement - The auditor has agreed that the results announcement data is consistent with the audited consolidated financial statements[56](index=56&type=chunk) - The auditor's work does not constitute an assurance engagement[56](index=56&type=chunk) [Acknowledgement and Board Composition](index=23&type=section&id=Acknowledgement%20and%20Board%20Composition) [Acknowledgement and Board Composition Details](index=23&type=section&id=Acknowledgement%20and%20Board%20Composition%20Details) The Board expresses gratitude to all staff, shareholders, bankers, customers, suppliers, and professional advisors, and lists the composition of the Board of Directors as of the announcement date - The Board extends its gratitude to all staff, shareholders, bankers, customers, suppliers, and professional advisors[57](index=57&type=chunk) - The Board comprises three executive directors (Ms Lam Kam Fung, Ms Yeung Yuk, Mr Yeung Fung Ming) and three independent non-executive directors (Mr Lai Sze Ming, Mr Lee Tat Cheung, Mr Ki Wah Sze)[58](index=58&type=chunk)