Market Performance - Moiselle derived approximately 42% of its revenue from the Hong Kong market, which faced significant challenges due to the resurgence of Covid-19 in early 2022[11]. - The retail sales value of wearing apparel in Hong Kong rebounded by approximately 22.6% to HK$32.5 billion in 2021, compared to a sharp decline of about 41.3% to approximately HK$26.51 billion in 2020[11]. - In Mainland China, the retail value of apparel, shoes, headwear, and knitted products increased by 12.7% to approximately RMB1.38 trillion in 2021, following a 6.6% drop in 2020[11]. - The retail sales in Mainland China were only 2.22% higher than the approximately RMB1.35 trillion recorded in 2019, indicating a slow recovery[11]. - Total visitor arrivals in Hong Kong plunged by 97.4% in 2021, significantly impacting the retail and restaurant sectors[13]. - The company faced a challenging fiscal year ending March 31, 2022, due to the pandemic's impact on consumer sentiment and spending[12]. - The pandemic led to uneven operational performance across different markets, affecting overall sales growth[20]. Financial Performance - The company's loss widened by 76% to HK$41 million due to the pandemic's impact, reduced government subsidies, and lower appreciation in investment properties[17]. - Revenue increased by 9% to HK$139 million, with operations in Hong Kong contributing 42% and Mainland China 31% of total revenue[20][22]. - Gross profit margin improved from 68% in the previous financial year to 70%[22]. - Revenue from the Group's operations in Hong Kong rebounded by 6% to HK$58,552,000, reversing a previous decline of about 43%[44]. - Revenue from operations in Mainland China increased by 6% to HK$42,914,000, slowing from a 17% year-on-year rebound in the first half of the year[51]. - Revenue from operations in Taiwan decreased by 9% to approximately HK$12,967,000, accounting for about 9% of the Group's total revenue for the year[53]. - The Group's revenue for the year ended 31 March 2022 increased by approximately 9% to approximately HK$138,526,000 compared to HK$127,283,000 in 2021[56]. Strategic Initiatives - The company continues to monitor market conditions and adapt its strategies in response to ongoing challenges in the retail environment[12]. - The company launched a website for its Hong Kong concept store M CONZEPT, enhancing its e-commerce capabilities[27]. - The company formed partnerships with three e-commerce platforms in Mainland China to enhance its online presence[27]. - The Group plans to hire key opinion leaders for livestreaming e-commerce to boost brand awareness and sales[36]. - The Group aims to adapt its store network strategy to a more optimal minimum, focusing on flexibility and short leases for shop spaces[33]. - The Group's strategy includes enhancing the shopping experience by incorporating elements like environmental awareness and quality lifestyle into store designs[31]. Operational Adjustments - The Group closed some underperforming stores, reducing the total number from 47 to 38 as of March 31, 2022[43]. - The Group closed two underperforming stores in Mainland China, including one in Shanghai and one in Hangzhou, during the year[51]. - The Group's store network in Hong Kong was rationalized, with a focus on locations with good prospects[47]. - The Group negotiated for rent concessions with some landlords to manage the difficult operating environment[47]. Corporate Governance - The company has complied with the Corporate Governance Code throughout the year ended March 31, 2022, except for the deviation of Code Provision A.2.1[87]. - The company is committed to meeting statutory and regulatory requirements and adhering to corporate governance principles emphasizing transparency and accountability[87]. - The Board of Directors consists of six members, with three executive directors and three independent non-executive directors[91]. - The company has established a nomination committee to review board composition and make recommendations regarding director appointments and succession planning[104]. - The company has adopted a corporate governance code and established various committees to ensure compliance and effective oversight[111]. Risk Management - The Board conducted an annual review of the effectiveness of the risk management and internal control systems for the year ended 31 March 2022, focusing on three major business cycles[132]. - The company has implemented various initiatives to enhance existing risk management and internal control systems alongside ongoing business development[132]. - The company has maintained an internal audit function and engaged external consultants to assist in identifying, evaluating, and managing significant risks[134]. Employee Relations - The Group employs 300 staff as of 31 March 2022, a decrease from 374 in 2021[60]. - The Group complies with local labor laws, providing reasonable remuneration and benefits to employees, and offers training for career development[65]. - The company secretary has provided proof of compliance with relevant training requirements, having completed no less than fifteen hours of professional training during the year ended 31 March 2022[142]. Sustainability and Compliance - The Group ensures compliance with environmental regulations at its factory in Longhua, Shenzhen, focusing on industrial emissions and effluents[62]. - The Group's initiatives contribute to the sustainability of its business operations[67]. - The company emphasizes the importance of protecting its intellectual property rights and respecting the intellectual property rights of others[66].

MOISELLE MOISELLE INTERNATIONAL HOLDINGS LIMITED 蔡 詩 國 際 集 團 有 限 公 司 (於開曼群岛註骨成立之有限公司) 股份代號：130 中 期 報 告 ２０２１/２０２２ PRINTED WITH SOYINK | --- | |-------| | | | | | | | | | --- | --- | --- | --- | --- | --- | |-------|-------|----------|--------------------------------------------------------------------------------|-------|---------| | | | | | | | | | | | | | | | | | 公司資料 | 簡明綜合損益及其他全面收益表 簡明綜合財務狀況表 簡明綜合權益變動表 目 錄 | | 2 3 5 6 | | | | | 簡明綜合現金流量表 | | 7 | | | | 其他資料 | 未經審核中期財務報表附註 管理層討論及分析 | | 8 12 19 | | | | | | ...

MOISELLE MOISELLE INTERNATIONAL HOLDINGS LIMITED 慕 詩 國 際 集 團 有 限 公 司 ( INCORPORATED IN THE CAYMAN ISLANDS WITH LIMITED LIABILITY ) ( 於 開 曼 群 島 註 量 成 立 之 有 限 公 司 ) STOCK CODE 股份代號: 130 ANNUAL REPORT 2021 二 零 二 一 年 度 年 報 MOISELLE 目 錄 CONTENTS 2 公司資料 Corporate Information 4 主席報告 Chairman's Statement 10 管理層討論及分析 Management Discussion and Analysis 19 董事及高級管理人員簡介 Directors & Senior Management Profiles 23 企業管治報告 Corporate Governance Report 35 董事會報告書 Directors' Report 45 獨立核數師報告書 Independent Auditor's Report 57 綜合損 ...

9 ල ® 女 � 女 @ PRINTED WITH SOY INK @ ru rester 中期報告 2019/2020 FSC" C102904 MOISEL 慕詩國際集團有限公司 〔於開曼群島註冊成立之有限公司〕 股份代號：130 ۲۰۰۰ - ۲ | --- | --- | --- | |--------------------------|-------|-------| | 目 錄 | | | | | | | | 公司資料 2 | | | | 綜合損益及其他全面收益表 | 3 | | | 綜合財務狀況表 5 | | | | 綜合權益變動表 7 | | | | 簡明綜合現金流量表 8 | | | | 未經審核中期財務報表附註 | 9 | | | 管理層討論及分析 17 | | | | 其他資料 23 | | | | | | | | | | | 慕詩國際集團有限公司 2 中期報告 2019/2020 審核委員會 薪酬委員會 公司資料 總辦事處及主要營業地點 香港 北角 健康東街39號 柯達大廈第二期 11樓 1-5室 董事會 執行董事 陳欽杰先生（主席） 徐巧嬌女士 陳思俊先生 獨立非執行董事 網址 ...

MOISELLE GROUP 2019 ANNUAL REPORT 二零一九年度年報 MOISELLE INTERNATIONAL HOLDINGS LIMITED 慕詩國際集團有限公司 ( INCORPORATED IN THE CAYMAN ISLANDS WITH LIMITED LIABILITY ) ( 於開曼群島註冊成立之有限公司 ) STOCK CODE 股份代號: 130 MOISELLE GROUP 目 錄 CONTENTS 公司資料 Corporate Information 2 主席報告 Chairman's Statement 4 管理層討論及分析 Management Discussion and Analysis 11 董事及高級管理人員簡介 Directors & Senior Management Profiles 18 企業管治報告 Corporate Governance Report 22 董事會報告書 Directors' Report 33 獨立核數師報告書 Independent Auditor's Report 43 綜合損益及其他全面收益表 Consolidat ...