Revenue and Profit Performance - The group's revenue decreased from approximately HKD 451 million to HKD 436 million, a decline of 3%[2] - Profit attributable to the company's owners increased from HKD 63 million to HKD 81 million, an increase of approximately 29%[4] - The gross profit decreased from HKD 73 million to HKD 61 million, with a gross margin decline from 16.3% to 14.1%[4] - Revenue for the six months ended September 30, 2020, was HKD 435.6 million, a decrease of 3.0% from HKD 451.0 million in the same period of 2019[28] - Gross profit for the same period was HKD 61.4 million, down 16.4% from HKD 73.4 million year-on-year[28] - Profit attributable to owners of the company was HKD 81.3 million, an increase of 28.7% compared to HKD 63.1 million in the previous year[29] - The company reported a total comprehensive income of HKD 165.4 million, compared to a loss of HKD 13.2 million in the same period last year[29] - The company reported a net profit of HKD 81,277,000 for the six months ended September 30, 2020, compared to HKD 63,127,000 for the same period in 2019, representing a year-on-year increase of approximately 28.5%[57] Investments and Joint Ventures - Profit from the investment in Nantong Jianghai increased by HKD 16 million or 34% to HKD 63 million[6] - The investment in Suzhou Qingyue, a joint venture with a 35.1% stake, generated a profit of approximately HKD 14,000,000, an increase of HKD 6,000,000 compared to last year, driven by strong sales growth in the medical equipment and healthcare products market[7] - The investment in Zaozhuang Ruino, a joint venture with a 40% stake, recorded a loss of HKD 1,000,000, which is a reduction of HKD 500,000 from the previous year, primarily due to slower-than-expected product development[8] Revenue by Product Segment - Revenue from LCD sales slightly increased by 3% to HKD 94 million, driven by growth in the healthcare products sector[4] - Revenue from LCM sales decreased from HKD 297 million to HKD 294 million, while sales of monochrome LCMs declined[4] - Revenue from LCD and LCD module products for the six months ended September 30, 2020, was HKD 435.593 million, a decrease of 3.0% from HKD 450.957 million in the same period of 2019[45] - Segment profit for LCD and LCD module products was HKD 26.768 million, slightly down from HKD 27.078 million year-on-year[45] - Total revenue from external customers in Hong Kong was HKD 41.402 million, down 17.5% from HKD 50.217 million in 2019[49] - Revenue from mainland China increased to HKD 86.964 million, up 12.0% from HKD 77.195 million in the previous year[49] Financial Position and Ratios - As of September 30, 2020, the current ratio was 1.9, down from 2.3 as of March 31, 2020, while the capital debt ratio remained stable at 0.2%[11] - Total assets as of September 30, 2020, were approximately HKD 2,343,000,000, funded by liabilities of HKD 391,000,000 and total equity of HKD 1,952,000,000[11] - Total equity increased to HKD 1,951,661 thousand, up from HKD 1,838,184 thousand, representing a growth of approximately 6.1%[33] - Current assets rose to HKD 604.3 million, up from HKD 517.9 million at the end of the previous fiscal year[30] - Current liabilities increased to HKD 320.5 million, compared to HKD 228.8 million as of March 31, 2020[30] - The company’s trade payables increased to HKD 140,721,000 as of September 30, 2020, compared to HKD 106,418,000 as of March 31, 2020, representing an increase of approximately 32.2%[61] Cash Flow and Dividends - Cash flow from operating activities before changes in working capital was HKD 47,960 thousand, an increase from HKD 44,360 thousand year-over-year, indicating a growth of approximately 3.6%[38] - The company reported a net cash outflow from investing activities of HKD 35,240 thousand, compared to HKD 29,547 thousand in the previous year, showing an increase of about 19.4%[38] - The company declared dividends amounting to HKD 149,946 thousand during the period, consistent with the previous year's distribution[35] - The company declared a dividend of HKD 49,982,000 for the six months ended September 30, 2020, consistent with the dividend declared in the same period of 2019, which was HKD 149,946,000 for the entire year[56] Government Grants and Other Income - Other income increased to approximately HKD 15 million, primarily due to increased government subsidies[4] - Government grants received amounted to HKD 9.893 million, a significant increase from HKD 140,000 in the same period last year[50] - The company reported a total of HKD 14.507 million in other income, compared to HKD 7.234 million in the previous year, marking an increase of 100.0%[50] Outlook and Risks - The company maintains a cautious outlook for the second half of the year due to uncertainties caused by the pandemic[3] - The group maintains a cautious outlook for the second half of the fiscal year due to uncertainties in global economic recovery, focusing on product development in LCM, TFT modules, and CTP modules to capture more market share[10] - The group continues to monitor foreign exchange risks and considers hedging significant foreign currency risks when necessary[11] Compliance and Governance - The board is reviewing compliance with corporate governance codes and may amend the company's articles of association if necessary[21] - The audit committee has reviewed the accounting principles and practices adopted by the group and discussed financial reporting matters[23]

Financial Performance - The company reported a significant increase in revenue, achieving a total of $500 million for the fiscal year, representing a 20% growth compared to the previous year[1]. - User data showed a 15% increase in active users, reaching 1.2 million by the end of the fiscal year[1]. - The group’s consolidated revenue decreased by 13% to HKD 813,000,000 for the fiscal year ending March 31, 2020[16]. - Profit attributable to the company's owners dropped from approximately HKD 289,000,000 to HKD 124,000,000, primarily due to non-recurring gains from the sale of a joint venture[16]. - The net profit for the year was HKD 137,542 thousand, a significant decline of 57.3% compared to HKD 322,416 thousand in 2019[100]. - Basic earnings per share decreased to HKD 12.5 from HKD 28.9, reflecting a drop of 56.6%[101]. Future Projections - The company provided guidance for the next fiscal year, projecting revenue growth of 25% and aiming for $625 million[1]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of the next fiscal year[1]. - The company plans to enhance its online sales platform, expecting a 30% increase in e-commerce revenue[1]. Product Development and Innovation - New product launches included two innovative LCD models, expected to contribute an additional $50 million in revenue[1]. - Research and development expenses increased by 18%, totaling $40 million, to support new technology initiatives[1]. - The focus of marketing and product development was shifted towards liquid crystal display modules (LCM), thin-film transistor (TFT) modules, and TFT capacitive touch panel modules (TFT-CTP) to secure a foothold in high-value markets[16]. Cost Management and Efficiency - Operational efficiency improvements are projected to reduce costs by 5%, translating to savings of approximately $10 million annually[1]. - The company implemented cost control measures to mitigate the impact on profitability and strengthened credit and inventory management to maintain healthy liquidity[16]. - The company will monitor changes in the trade environment and implement cost-saving measures to maintain profitability[17]. Market Challenges - The group's share of profit from the joint venture Nantong Jianghai Capacitor Co., Ltd. decreased by HKD 8,000,000 to HKD 81,000,000 amid declining demand and intensified price competition[17]. - The group's share of profit from Kunshan Visionox Technology Co., Ltd. fell from HKD 25,000,000 to HKD 18,000,000 due to challenging trade conditions[17]. - The group faces risks from the ongoing COVID-19 pandemic and geopolitical tensions between the US and China, which may impact its operational performance[24]. Corporate Governance - The board believes that corporate governance is crucial for the company's success and has adopted measures to maintain high standards of governance[35]. - The board consists of a balanced mix of executive and independent non-executive directors, ensuring strong independence[38]. - The company provides ongoing training and updates to directors regarding new regulations and governance practices[40]. Environmental Commitment - The board emphasized a commitment to sustainable practices, with a goal to reduce carbon emissions by 25% over the next five years[1]. - The group is committed to environmental sustainability, implementing measures to reduce carbon emissions and improve waste management[25]. Financial Position - As of March 31, 2020, the group's current ratio was 2.3, up from 2.1 in 2019, and the capital debt ratio was 0.2%[29]. - Total assets as of March 31, 2020, were approximately HKD 2,131,000,000, with liabilities of HKD 293,000,000 and total equity of HKD 1,838,000,000[29]. - The retained earnings available for distribution to shareholders decreased to HKD 98,788,000 from HKD 165,455,000 in the previous year, representing a decline of 40.3%[69]. Shareholder Communication - The company maintains communication with shareholders through annual reports, interim reports, and a dedicated website for timely dissemination of financial and non-financial information[60]. - The board proposed a final dividend of HKD 0.05 per share for the year ending March 31, 2020, unchanged from the previous year[33]. Audit and Compliance - The audit committee consists of three independent non-executive directors, ensuring compliance with accounting principles and internal controls[89]. - The auditor's report is based on sufficient and appropriate audit evidence obtained regarding the financial information of the group’s entities or business activities[99]. - The company has established a risk management policy aimed at identifying and managing key risks associated with its business and industry, ensuring effective implementation of internal controls[56].

Financial Performance - The group's revenue decreased from approximately HKD 511 million to HKD 451 million, a decline of 12%[4] - Profit attributable to the company decreased by 27% from HKD 87 million to HKD 63 million[4] - Sales of liquid crystal displays dropped from HKD 143 million to HKD 91 million, a decrease of HKD 52 million[4] - The liquid crystal display module revenue fell from HKD 326 million to HKD 297 million, a decline of HKD 29 million[4] - The gross profit decreased from HKD 83 million to HKD 73 million, maintaining a gross margin of 16%[5] - Revenue for the six months ended September 30, 2019, was HKD 450,957 thousand, a decrease of 11.7% compared to HKD 510,717 thousand for the same period in 2018[27] - Gross profit for the same period was HKD 73,443 thousand, down from HKD 83,163 thousand, reflecting a decrease of 11.7%[27] - Profit before tax was HKD 75,412 thousand, compared to HKD 103,208 thousand in the previous year, representing a decline of 27.0%[27] - Net profit for the period was HKD 66,715 thousand, a decrease of 27.2% from HKD 91,640 thousand in the prior year[27] - Basic earnings per share for the period was HKD 6.3, down from HKD 8.7, indicating a decline of 27.6%[27] - The profit for the six months ended September 30, 2019, was HKD 63,127,000, compared to HKD 86,910,000 for the same period in 2018, representing a decrease of approximately 27.4%[75] Investment and Assets - The group recorded a one-time pre-tax gain of approximately HKD 244 million from the sale of its 43.87% stake in Kunshan Display, which was completed in March 2019[8] - The profit share from Kunshan Technology, a joint venture in which the group holds a 35.1% stake, was approximately HKD 8 million, an increase of about HKD 3 million compared to the previous year[8] - The actual tax rate related to the group's core business increased to 26% from 20% in the previous year, mainly due to non-deductible exchange losses recorded during the review period[10] - Total assets as of September 30, 2019, were approximately HKD 2.222 billion, with liabilities of HKD 446 million and total equity of HKD 1.776 billion[12] - The company's equity attributable to owners was HKD 1,752,068 thousand, down from HKD 1,920,601 thousand[32] - The company's share of net assets from listed associates was HKD 1,175,534,000 as of September 30, 2019, down from HKD 1,223,000,000 as of March 31, 2019, indicating a decrease of about 3.9%[67] Cash Flow and Liquidity - The group recorded a net loss of HKD 8 million from other income and losses, primarily due to a foreign exchange loss of HKD 5 million[5] - The net cash generated from operating activities for the six months ended September 30, 2019, was HKD 67,089,000, an increase of 56.7% compared to HKD 42,763,000 in the same period of 2018[36] - The net cash used in investing activities was HKD 29,547,000, a significant decrease from HKD 5,884,000 in the previous year, indicating a shift in investment strategy[36] - The net cash used in financing activities amounted to HKD 106,734,000, compared to HKD 24,739,000 in the prior year, reflecting increased dividend payments and share buybacks[36] - The total cash and cash equivalents at the end of the period were HKD 247,325,000, up from HKD 63,125,000 at the end of the previous period[36] - The company reported a decrease in cash and cash equivalents of HKD 69,192,000 for the period, contrasting with an increase of HKD 23,908,000 in the previous year[36] - The impact of foreign exchange fluctuations on cash and cash equivalents was a decrease of HKD 1,606,000, compared to a decrease of HKD 2,044,000 in the prior year[36] - As of September 30, 2019, the group's current ratio was 1.6, down from 2.1 as of March 31, 2019, indicating a decrease in liquidity[12] Dividends and Shareholder Information - The board decided not to declare an interim dividend for the six months ended September 30, 2019[14] - Major shareholders include Antrix Investment Limited, which directly holds 570 million shares, representing 57.02% of the issued share capital[19] - The company declared a special dividend of HKD 0.10 per share and a final dividend of HKD 0.05 per share, totaling HKD 149,946,000 for the six months ended September 30, 2019, compared to HKD 49,982,000 for the same period in 2018[73] Operational Developments - The new factory in Hubei Province for small capacitors and multilayer capacitors has begun trial production, with plans for mass production soon[7] - The company plans to continue focusing on market expansion and product development to enhance revenue streams in the future[62] - The company’s revenue is derived from the manufacturing and sales of LCDs, LCD modules, and related optical products, recognized at the point of control transfer to customers[59] - The company’s operating segments include LCDs, LCD modules, and related products, reported based on resource allocation and performance evaluation[58] Compliance and Accounting - The audit committee reviewed the accounting principles and practices adopted by the group, ensuring compliance with relevant financial reporting standards[23] - The company has adopted the new Hong Kong Financial Reporting Standard 16 regarding leases, which may impact future financial reporting and asset management strategies[39] - The application of the new lease accounting standard has resulted in changes to the recognition and measurement of lease liabilities and right-of-use assets[41] - The company confirmed that the impact of the transition to HKFRS 16 on retained earnings was not significant, thus no adjustments were made[52]

Financial Performance - YEEBO (International Holdings) Limited reported a significant increase in revenue, achieving a total of HKD 1.2 billion for the fiscal year, representing a growth of 15% compared to the previous year[2]. - The group’s consolidated revenue decreased by 2% to HKD 934 million for the fiscal year ending March 31, 2019, compared to HKD 954 million in the previous year[13]. - Revenue for the year ended March 31, 2019, was HKD 934,152,000, a decrease of 2.5% from HKD 953,600,000 in 2018[98]. - Gross profit increased to HKD 143,920,000, up 4.1% from HKD 137,775,000 in the previous year[98]. - Net profit for the year was HKD 322,416,000, representing a significant increase of 152.1% compared to HKD 127,721,000 in 2018[98]. - The company reported a profit of HKD 288,747,000 for the year ending March 31, 2019, compared to HKD 120,598,000 in the previous year, representing a significant increase of 139%[106]. - The company reported a share of profits from associates amounting to HKD 123,788,000, an increase of 24.6% from HKD 99,376,000[98]. - Basic and diluted earnings per share rose to HKD 28.9, compared to HKD 12.1 in the previous year, reflecting a growth of 138.0%[99]. Market Expansion and Strategy - Future outlook indicates a projected revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion strategies[2]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[2]. - YEEBO is considering strategic acquisitions to enhance its product portfolio and increase operational efficiency, with potential targets identified in the electronics sector[2]. - The group plans to promote high-value-added products and enhance new product development to increase both revenue and profit margins[25]. Research and Development - YEEBO is investing HKD 100 million in research and development for new technologies, focusing on enhancing LCD and LCM products[2]. - The company remains committed to investing in the organic light-emitting diode (OLED) business, holding a 35.1% stake in Kunshan Visionox Technology Co., Ltd.[14]. - The group anticipates continued growth in the OLED market, supported by a strong R&D platform and management team at Kunshan Visionox[14]. Financial Health and Cash Flow - The company’s cash flow from operations increased by 18%, reaching HKD 250 million, providing a solid foundation for future investments[2]. - The total assets of the group were approximately HKD 2,327,000,000, with liabilities of HKD 383,000,000 and total equity of HKD 1,944,000,000[26]. - The group’s retained earnings increased from HKD 64,945,000 in 2018 to HKD 165,455,000 in 2019, reflecting a growth of approximately 155%[63]. - The total reserves available for distribution to shareholders increased from HKD 114,204,000 in 2018 to HKD 214,714,000 in 2019, representing an increase of approximately 88%[63]. Sustainability and Environmental Commitment - The management highlighted a commitment to sustainability, aiming to reduce production waste by 30% over the next three years[2]. - The company emphasizes environmental sustainability and has upgraded manufacturing facilities to improve waste management capabilities[22]. Corporate Governance - The board believes that corporate governance is crucial for the company's success and has implemented measures to maintain high governance standards[32]. - The company has established a nomination committee responsible for proposing suitable candidates to fill board vacancies, ensuring compliance with listing rules[38]. - The roles of chairman and CEO are separated to ensure a balanced distribution of power and responsibilities within the company[37]. - The company has established three committees: nomination, remuneration, and audit committees, to assist the board in fulfilling its responsibilities[40]. Audit and Compliance - The independent auditor confirmed that the financial statements reflect the group's financial position as of March 31, 2019, in accordance with Hong Kong Financial Reporting Standards[86]. - The audit committee consists of three independent non-executive directors and has reviewed the financial statements for the year ending March 31, 2019[83]. - The company has established a robust internal control and risk management system, which was reviewed by the Board and deemed effective for protecting shareholder interests[51]. Challenges and Risks - The ongoing US-China trade war and economic uncertainties pose significant challenges for the group's display business operations[14]. - The group is taking measures to maintain market competitiveness amid the anticipated cautious inventory policies due to the US-China trade disputes[25]. Inventory and Receivables Management - The company recognized an obsolete inventory provision of HKD 15,133,000 during the year, with a carrying value of inventory amounting to HKD 147,478,000 as of March 31, 2019[93]. - The net value of trade receivables was approximately HKD 148,703,000, which constituted about 6.4% of the group's total assets, with around HKD 44,278,000 overdue[91]. - The group recognizes expected credit losses for financial assets, including trade receivables, based on historical credit loss experience and adjustments for specific factors[191].