卓能(集团)(00131)发布公告，预期集团于截至2025年6月30日止年度将取得公司持有人应占亏损9.80亿 港元至11亿港元，而2024财政年度则取得公司持有人应占溢利约1.72亿港元。 由2024财政年度的公司持有人应占溢利转为2025财政年度的预期公司持有人应占亏损，主要乃由于以下 各项的合并影响：(i)由于香港物业并无任何销售交易，导致毛利有所减少;(ii)投资物业公允价值亏损由 2024财政年度的约1.54亿港元增加至2025财政年度的约9.15亿港元;(iii)主要由于出现发展中物业拨备约 1.66亿港元，导致行政费用由2024财政年度之约5700万港元大幅增加至2025财政年度的约2.90亿港元; (iv)由于2025财政年度并无煺回税项，导致所得税计入有所减少。 ...

智通财经APP讯，卓能(集团)(00131)发布公告，预期集团于截至2025年6月30日止年度将取得公司持有 人应占亏损9.80亿港元至11亿港元，而2024财政年度则取得公司持有人应占溢利约1.72亿港元。 由2024财政年度的公司持有人应占溢利转为2025财政年度的预期公司持有人应占亏损，主要乃由于以下 各项的合并影响：(i)由于香港物业并无任何销售交易，导致毛利有所减少;(ii)投资物业公允价值亏损由 2024财政年度的约1.54亿港元增加至2025财政年度的约9.15亿港元;(iii)主要由于出现发展中物业拨备约 1.66亿港元，导致行政费用由2024财政年度之约5700万港元大幅增加至2025财政年度的约2.90亿港元; (iv)由于2025财政年度并无煺回税项，导致所得税计入有所减少。 ...

Core Viewpoint - The company expects to report a significant loss for the fiscal year 2025, contrasting with a profit recorded in the previous fiscal year 2024 [1] Financial Performance - The company anticipates a loss attributable to shareholders ranging from HKD 980 million to HKD 1.1 billion for the fiscal year 2025 [1] - For the fiscal year ending June 30, 2024, the company reported a profit of approximately HKD 172 million [1] Factors Influencing Financial Results - The decrease in gross profit is attributed to the absence of any sales transactions in Hong Kong properties [1] - Fair value losses on investment properties are expected to increase from approximately HKD 154 million in fiscal year 2024 to about HKD 915 million in fiscal year 2025 [1] - Administrative expenses are projected to rise significantly from approximately HKD 57 million in fiscal year 2024 to around HKD 290 million in fiscal year 2025, primarily due to provisions for development properties amounting to about HKD 166 million [1] - There will be no tax refunds in fiscal year 2025, leading to a reduction in income tax recognized [1]

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。 CHEUK NANG (HOLDINGS) LIMITED 卓 能（ 集 團 ）有限公司 （於香港註冊成立之有限公司） （股票代號：131） 承董事會命 卓能（集團）有限公司 盈利警告 本公佈乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)條 以及證券及期貨條例第XIVA部之內幕消息條文而作出。 卓能（集團）有限公司（「本公司」，連同其附屬公司，統稱為「本集團」）之董事會（「董 事會」）謹此通知本公司股東及有意投資者，根據本公司截至二零二五年六月三十 日止年度（「二零二五財政年度」）之未經審核綜合管理賬目及董事會可得最新資料 的初步評估，預期本集團於二零二五財政年度將錄得本公司持有人應佔虧損 980,000,000港元至1,100,000,000港元，而截至二零二四年六月三十日止年度（「二 零二四財政年度」）則錄得本公司持有人應佔溢利約172,000,000港元。 由二零二四財 ...

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。 CHEUK NANG (HOLDINGS) LIMITED 卓能(集團)有限公司 (於香港註冊成立之有限公司) 於公佈日期，本公司執行董事為趙世曾博士(主席)、趙式芝博士(副主 席)、趙式浩先生及何秀芬女士；非執行董事為李鼎堯先生；獨立非 執行董事為林家威先生、孫大豪先生及李頌熹先生 董事會會議召開日期 卓能（集團）有限公司（「本公司」）董事會（「董事會」）謹此宣佈， 本公司謹訂於二零二五年九月二十三日星期二中午十二時零五分假 座香港港灣道 18 號中環廣場 49 樓 4901 室舉行董事會會議, 藉以（其 中包括）考慮及批准本公司及其附屬公司截至二零二五年六月三十日 止之年度業績及其發佈，並考慮建議派發末期股息（如有）。 承董事會命 公司秘書 何秀芬 香港，二零二五年九月一日 (股份代號: 0131) ...

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: | 卓能(集團)有限公司 | | | | 呈交日期: | 2025年9月1日 | | | | I. 法定/註冊股本變動 不適用 | | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00131 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 652,676,781 | | 0 | | 652,676,781 | | 增加 / 減少 ( ...

Core Viewpoint - The article discusses the evolving landscape of IP collaboration in marketing, highlighting both the opportunities and pitfalls brands face in leveraging IP for consumer engagement and emotional connection [3][4][18]. Group 1: IP Collaboration Challenges - Many brands are rushing into IP collaborations without a clear strategy, leading to a homogenization of marketing efforts and ineffective ROI [4][18]. - Some brands engage in superficial "stamp-style" collaborations that fail to resonate with consumers, ultimately diluting the value of the IP [4][18]. - A market director from a new beauty brand expressed concerns over high licensing fees without corresponding returns, indicating a lack of systematic evaluation of IP value [4][18]. Group 2: Successful IP Collaboration Strategies - A more refined approach to IP collaboration involves acting as a "bridge" to connect IP owners, suppliers, and cross-industry partners, creating a collaborative "innovation flywheel" [5][7]. - Successful collaborations require identifying emotional touchpoints and creating unique consumer experiences, as demonstrated by Watsons' partnership with the IP "Mengququ" [8][9]. - Watsons' themed pop-up stores and interactive experiences effectively engaged consumers and enhanced brand visibility [11][13]. Group 3: Cross-Industry Collaboration - The article emphasizes the importance of cross-industry collaboration as a survival strategy in a competitive market, moving away from isolated industry practices [19][28]. - Watsons' collaboration with Keep for the "Good Luck Run" event exemplifies how to integrate emotional and experiential marketing to attract target demographics [21][22]. - The focus on creating a community around shared interests and health-conscious lifestyles enhances brand loyalty and consumer engagement [21][22]. Group 4: Ecosystem and Value Creation - Watsons has developed a unique ecosystem that transforms traditional retail into a value community, emphasizing co-creation and shared growth among participants [25][26]. - The integration of data, services, and consumer experiences allows for efficient resource flow and value generation within the ecosystem [26][27]. - This approach not only enhances user engagement but also strengthens brand value and market presence, creating a sustainable competitive advantage [27][28].

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7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: | 卓能(集團)有限公司 | | | 呈交日期: | 2025年8月6日 | | | I. 法定/註冊股本變動 | 不適用 | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00131 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 652,676,781 | | 0 | | 652,676,781 | | 增加 / 減少 (-) | | | 0 | | 0 ...

Financial Performance - The company reported an unaudited consolidated loss after tax of HKD 34,919,000 for the six months ended December 31, 2024, compared to a profit of HKD 312,900,000 for the same period in 2023[3]. - The total revenue for the six months ended December 31, 2024, was HKD 77,685,000, a decrease from HKD 78,471,000 in the previous year[24]. - The group reported a profit before tax of HKD 39,832,000, compared to HKD 18,009,000 in the same period last year, indicating a significant increase of 121%[43]. - The loss attributable to equity holders was HKD 49,518,000 in 2024, compared to a profit of HKD 312,911,000 in 2023[96]. - Basic and diluted loss per share for the six months ended December 31, 2024, was HKD (0.076) compared to earnings of HKD 0.479 per share in 2023[59]. Revenue Breakdown - Revenue from property sales was HKD 61,798,000, an increase of 1.5% compared to HKD 60,902,000 in the previous year[47]. - Revenue from property leasing decreased to HKD 15,887,000, down 6.5% from HKD 16,993,000 in the prior year[47]. - Total other income for the six months ended December 31, 2024, was HKD 14,839,000, up from HKD 10,654,000 in 2023, marking an increase of around 39%[51]. Dividends - The board declared an interim dividend of HKD 0.0225 per share, unchanged from the interim dividend in 2023[4]. - The company declared a final dividend of HKD 26,107,000 for the year, compared to HKD 19,580,000 in the previous year, representing an increase of approximately 33.0%[31]. - The company declared a final dividend of HKD 0.04 per share for the six months ended December 31, 2024, compared to HKD 0.03 per share in 2023, representing an increase of 33.3%[58]. Assets and Liabilities - Total assets less current liabilities increased to HKD 8,249,853,000 as of December 31, 2024, compared to HKD 7,598,268,000 in June 2024, reflecting a growth of approximately 8.6%[28]. - The company reported a total equity of HKD 6,838,932,000 as of December 31, 2024, down from HKD 6,892,596,000 in June 2024, indicating a decrease of about 0.8%[28]. - The company’s total liabilities increased to HKD 1,410,921,000 as of December 31, 2024, from HKD 1,963,422,000 in June 2024, reflecting a decrease of approximately 28.1%[28]. Cash Flow and Financing - The net cash generated from operating activities for the six months ended December 31, 2024, was a negative HKD 27,467,000, a significant decline from HKD 338,354,000 in the same period of 2023[30]. - The company incurred a financing cash outflow of HKD 218,356,000 for the six months ended December 31, 2024, compared to an inflow of HKD 10,196,000 in the same period of 2023[30]. - The group’s net debt to equity ratio was reported at 7.7% as of December 31, 2024, compared to 6.9% as of June 30, 2024[103]. Market and Occupancy - The rental rate for Zhao Garden Phase 2 in Pok Fu Lam is maintained at 60%, while Zhao Garden Phase 3 has an occupancy rate of 75%, contributing positively to rental income[7][9]. - The occupancy rate for the first phase of Parkview in Kuala Lumpur has increased to 80%, with ongoing renovations to further enhance occupancy[16]. - The service apartment occupancy rate for the Parkview project in Malaysia increased to 80%, with ongoing renovations planned to further enhance occupancy[127]. Investments - The investment in bonds has a market value of HKD 51,211,000, while the market value of equity investments is HKD 60,798,000 as of December 31, 2024[18]. - The fair value loss recognized for investment properties was HKD 22,242,000, an improvement from a loss of HKD 41,366,000 in the previous year[62]. - The company confirmed cumulative impairment losses of HKD 37,564,000 as of December 31, 2024, due to a bond issuer defaulting on interest payments[65]. Financial Costs - The company reported a significant increase in financial costs, amounting to HKD 30,317,000, compared to HKD 12,351,000 in the previous year[24]. - Interest expenses for the 2024 period were HKD 30,317,000, a significant increase of 145.5% compared to HKD 12,351,000 in 2023, primarily due to rising bank loan interest rates[105]. Other Information - The group has not adopted any new or revised Hong Kong Financial Reporting Standards that would have a significant impact on the financial performance for the current period[38]. - The group continues to evaluate the impact of new accounting standards that have been issued but are not yet effective[39]. - The company has adopted a standard code for securities trading by directors and related employees, complying with the standards set out in the listing rules[136].

Financial Performance - The group reported an unaudited consolidated loss after tax of HKD 34,919,000 for the six months ended December 31, 2024, compared to a profit of HKD 312,900,000 for the same period in 2023[3]. - The overall revenue for the six months ended December 31, 2024, was HKD 77,685,000, a slight decrease from HKD 78,471,000 in the previous year[22]. - The company reported a loss attributable to shareholders of HKD 49,518,000 for the six months ended December 31, 2024, compared to a loss of HKD 312,911,000 for the same period in 2023[59]. - Total comprehensive income for the period was reported at HKD (42,156,000), including other comprehensive income of HKD 4,099,000 and HKD 1,863,000 from fair value changes[31]. - The company reported a profit of HKD 312,911 thousand for the period, contributing to total equity of HKD 6,872,427 thousand as of December 31, 2024[29]. Dividends - The board declared an interim dividend of HKD 0.0225 per share, unchanged from the interim dividend in 2023[4]. - The company approved a final dividend of HKD (26,107,000) for the year 2022[31]. - Dividend paid per ordinary share increased to HKD 0.04, up from HKD 0.03 in the previous year, totaling HKD 26,107,000[57]. - The board has proposed an interim dividend of HKD 0.0225 per share, consistent with the previous year, to be distributed on April 14, 2025[127]. Revenue Sources - Revenue from property sales amounted to HKD 61,798,000, while property leasing generated HKD 15,887,000, leading to a total segment revenue of HKD 77,685,000 for the six months ended December 31, 2024[41]. - Property sales revenue was HKD 61,798,000, up 1.5% from HKD 60,902,000 year-on-year[45]. - Property leasing revenue decreased to HKD 15,887,000, down 6.5% from HKD 16,993,000 in the previous year[45]. Costs and Expenses - The group experienced a significant increase in administrative costs, totaling HKD 28,613,000 compared to HKD 28,360,000 in the previous period[22]. - Total financial costs rose to HKD 30,317,000, an increase from HKD 12,351,000 in the previous year[50]. - Interest expenses for the 2024 period rose to HKD 30,317,000, a significant increase of 145.5% compared to HKD 12,351,000 in 2023, primarily due to higher bank loan interest rates[102]. Assets and Liabilities - Total assets less current liabilities increased to HKD 8,249,853 thousand from HKD 7,598,266 thousand, representing a growth of approximately 8.6%[26]. - The company’s total liabilities increased to HKD 1,410,921 thousand from HKD 705,670 thousand, reflecting a significant rise[26]. - The company’s total assets as of December 31, 2024, were HKD 8,601,399,000, with total liabilities of HKD 628,379,000[41]. - Current liabilities decreased significantly from HKD 1,963,422 thousand to HKD 1,059,614 thousand, a reduction of approximately 46%[25]. Market Performance - The group anticipates a recovery in the Hong Kong financial market, with stronger economic growth expected in 2025 due to a downward trend in global interest rates[19]. - The occupancy rate for the serviced apartments in Malaysia's Parkview project has increased to 80%, with ongoing renovations to further enhance occupancy[16]. - The rental rate for Zhao Garden Phase II in Pok Fu Lam is maintained at 60%, while Zhao Garden Phase III has an occupancy rate of 75%, contributing positively to rental income[7][8]. Investments - The investment in bonds has a market value of HKD 51,211,000, while the market value of stock investments is HKD 60,798,000 as of December 31, 2024[18]. - The fair value of investment properties decreased by HKD (22,242,000) during the reporting period[41]. - The company holds investments in perpetual notes with fixed annual interest rates ranging from 4.85% to 6.5%[69]. Acquisitions and Proposals - The company is actively considering two acquisition proposals for the public tender of Ziwai Residence, which commenced on November 21, 2024[9]. - The company is currently evaluating the impact of new accounting standards that have been issued but are not yet effective[37]. Governance and Compliance - The company has adhered to corporate governance principles, although the roles of chairman and president have not been separated, and a suitable candidate for the president position is being sought[130]. - The interim financial statements for the six months ending December 31, 2024, have been reviewed by external auditors and comply with the relevant disclosure requirements[131]. - The company has adopted a standard code for securities trading by directors and related employees, with no known violations reported[133].