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。 FOUR SEAS MERCANTILE HOLDINGS LIMITED 四洲集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司於開 曼群島之註冊辦事處地址已更改為：－ JTC (Cayman) Limited 60 Nexus Way 6th Floor, Camana Bay P.O. Box 30745 Grand Cayman KY1-1203 Cayman Islands 承董事會命 四洲集團有限公司 公司秘書 任慧華 香港，二零二五年十二月五日 於本公告日期，本公司之執行董事為戴德豐先生、胡美容女士、戴進傑先生、 胡永標先生及謝少雲先生，及本公司之獨立非執行董事為陳玉生先生、 木島綱雄先生及張榮才先生。 四洲集團有限公 司 （於開曼群島註冊成立之有限公司） （股份代號：374） 更改於開曼群島之註冊辦事處地址 ...

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11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: 四洲集團有限公司（於開曼群島註冊成立之有限公司） 呈交日期: 2025年12月1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) | 00374 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.1 HKD | | 100,000,000 | 本月底法 ...

Group 1 - The company, Four Seas Group (00374), announced a mid-term dividend of HKD 0.03 per share, which will be distributed on January 16, 2026 [1] - The dividend pertains to the six-month period ending September 30, 2025 [1]

Core Viewpoint - Four Seas Group (00374) announced a mid-term dividend of HKD 0.03 per share, to be distributed on January 16, 2026, for the six months ending September 30, 2025 [1] Summary by Category - **Dividend Announcement** - The company will distribute a mid-term dividend of HKD 0.03 per share [1] - The dividend pertains to the six-month period ending September 30, 2025 [1] - The payment date for the dividend is set for January 16, 2026 [1]

Core Viewpoint - Four Seas Group (00374) reported a revenue of HKD 1.77 billion for the six months ending September 30, 2025, representing a year-on-year increase of 3.2%. However, the profit attributable to equity holders decreased by 36.08% to HKD 13.08 million, with earnings per share at HKD 0.034. The company proposed an interim dividend of HKD 0.03 per share. Despite the decline in profit compared to the same period last year, it showed improvement over the profit of HKD 10.16 million for the fiscal year ending March 31, 2025, indicating effective competitive pricing strategies supported by strong brand foundation and robust procurement capabilities [1]. Financial Performance - Revenue for the six months ending September 30, 2025, was HKD 1.77 billion, up 3.2% year-on-year [1] - Profit attributable to equity holders was HKD 13.08 million, down 36.08% year-on-year [1] - Earnings per share stood at HKD 0.034 [1] - Proposed interim dividend is HKD 0.03 per share [1] Comparative Analysis - The profit for the six months ending September 30, 2025, was higher than the profit of HKD 10.16 million for the fiscal year ending March 31, 2025 [1] - The decline in profit compared to the same period last year highlights challenges faced, yet the company’s strategies have shown effectiveness in maintaining profitability [1]

Core Viewpoint - Four Seas Group (00374) reported a revenue of HKD 1.77 billion for the six months ending September 30, 2025, representing a year-on-year increase of 3.2% [1] - The profit attributable to equity owners decreased by 36.08% to HKD 13.08 million, with earnings per share at HKD 0.034, and an interim dividend of HKD 0.03 per share proposed [1] Financial Performance - Revenue for the six months ending September 30, 2025, was HKD 1.77 billion, up 3.2% compared to the previous year [1] - Profit attributable to equity owners was HKD 13.08 million, down 36.08% year-on-year [1] - Earnings per share stood at HKD 0.034, with an interim dividend of HKD 0.03 per share proposed [1] Comparative Analysis - Despite the decline in profit compared to the same period last year, the profit is higher than the HKD 10.16 million recorded for the fiscal year ending March 31, 2025 [1] - The improvement in profit compared to the previous fiscal year highlights the effectiveness of the company's competitive pricing strategy, supported by a strong brand foundation and robust procurement capabilities [1]

Core Viewpoint - The company reported a decline in profit due to weak consumer confidence in Hong Kong and mainland China, leading to a challenging business environment, prompting the launch of new products and marketing activities to mitigate the impact [1][2] Financial Performance - The consolidated revenue for the six months ending September 30, 2025, was HKD 1.77 billion - Profit attributable to equity owners for the period was HKD 13.08 million, down from HKD 20.46 million in 2024 - The interim dividend declared for the six months ending September 30, 2025, remains at HKD 0.03 per share, consistent with 2024 [1] Market Environment - Global economic growth is gradually recovering under a more accommodative interest rate environment, but geopolitical factors continue to create uncertainty in trade, leading to fluctuating market performance [1] - The company is actively responding to changes by launching new products, expanding markets, acquiring new customers, and optimizing sales activities [1] Strategic Initiatives - The company is leveraging its flagship "Four Seasons Food Experience Hall" to enhance product promotion and attract consumer purchasing power, addressing changing consumer preferences [1] - Cost control measures are being implemented to maintain business stability without compromising quality, laying a solid foundation for future growth [1] Regional Development - The wholly-owned Miyata Corporation continues to contribute to the company's ongoing development, enhancing synergies between mainland China and Japan operations [2] - The company is introducing a variety of snack products from Hong Kong and mainland China into Japan, strengthening its competitive edge in the market [2]

EF001 第 2 頁 共 2 頁 v 1.1.1 事為陳玉生先生、木島綱雄先生及張榮才先生。 免責聲明 | 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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 四洲集團有限公司 | | 股份代號 | 00374 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 截至二零二五年九月三十日止六個月之中期股息 | | | 公告日期 | 2025年11月28日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2026年3月31日 | | 宣派股息的報告期末 | 2025年9月30日 | | 宣派股息 | 每 股 0.03 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨 ...

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 1,770,284, an increase of 3.2% compared to HKD 1,716,129 for the same period in 2024[3] - Gross profit for the period was HKD 416,092, representing a slight increase from HKD 413,499 in the previous year[3] - Net profit for the period was HKD 11,188, down 38.7% from HKD 18,274 in the same period last year[4] - Basic and diluted earnings per share decreased to HKD 3.4 from HKD 5.3 year-on-year[3] - Total comprehensive income for the period was HKD 22,678, compared to HKD 30,669 in the previous year[4] - Total revenue for the six months ended September 30, 2025, was HKD 1,770,284,000, an increase from HKD 1,716,129,000 in the same period of 2024, representing a growth of approximately 3.2%[12][17] - Total other income for the six months ended September 30, 2025, was HKD 6,550,000, a decrease of 20.5% compared to HKD 8,243,000 for the same period in 2024[21] - The net fair value gain on financial assets recognized through profit or loss for the six months ended September 30, 2025, was HKD 2,142,000, down from HKD 6,727,000 in 2024, representing a decline of 68.1%[21] - The total tax expense for the six months ended September 30, 2025, was HKD 13,733,000, an increase of 20.5% compared to HKD 11,407,000 in 2024[24] - Basic earnings per share for the six months ended September 30, 2025, were HKD 0.0343, down from HKD 0.0532 in 2024, reflecting a decrease of 35.5%[29] Assets and Liabilities - Non-current assets totaled HKD 1,360,512, a decrease from HKD 1,372,507 as of March 31, 2025[5] - Current assets amounted to HKD 1,764,950, down from HKD 1,800,258 as of March 31, 2025[5] - Total liabilities increased to HKD 1,621,796 from HKD 1,558,899, indicating a rise in current liabilities[5] - The company's equity attributable to owners was HKD 1,196,714, slightly down from HKD 1,197,129[6] - The total assets for the company as of September 30, 2025, were HKD 3,125,462,000, with segment assets of HKD 1,431,703,000 in Hong Kong, HKD 717,784,000 in mainland China, and HKD 450,647,000 in Japan[14] - The total liabilities for the company were HKD 1,908,245,000, with segment liabilities of HKD 477,626,000 in Hong Kong, HKD 279,908,000 in mainland China, and HKD 277,929,000 in Japan[14] - Trade receivables as of September 30, 2025, totaled HKD 620,098,000, an increase of 4.7% from HKD 592,404,000 as of March 31, 2025[31] - Trade payables as of September 30, 2025, amounted to HKD 261,687,000, a slight increase from HKD 258,832,000 as of March 31, 2025[32] - The group has a cash and cash equivalents balance of HKD 524,044,000 as of September 30, 2025[50] - The total bank credit available to the group is HKD 2,747,169,000, with 45% already utilized[50] - The net debt-to-equity ratio stands at 59% as of September 30, 2025[50] Market and Sales Performance - Sales to external customers in Hong Kong amounted to HKD 855,306,000, while sales in mainland China were HKD 295,484,000, and Japan contributed HKD 619,494,000[12][17] - The adjusted profit before tax for the Hong Kong segment was HKD 48,658,000, while the mainland China segment reported a loss of HKD 2,939,000, and Japan generated a profit of HKD 1,642,000[12][13] - Profit attributable to equity owners for the same period was HKD 13,080,000, down from HKD 20,462,000 in 2024, primarily due to weak consumer confidence in Hong Kong and mainland China[36] - Revenue from the Hong Kong region was HKD 855,306,000, accounting for 48% of total revenue, while mainland China contributed HKD 295,484,000 (17%) and Japan contributed HKD 619,494,000 (35%)[36] Operational Highlights - The company reported a foreign exchange gain of HKD 8,153 from the translation of overseas operations[4] - The company recognized a total of HKD 2,583,000 in revenue from the sale of goods during the reporting period, compared to HKD 2,118,000 in the previous year[18] - The company incurred a total depreciation and amortization expense of HKD 25,304,000, with HKD 12,537,000 from Hong Kong, HKD 8,524,000 from mainland China, and HKD 4,243,000 from Japan[12][13] - The company reported a total of HKD 1,359,000 in inventory write-downs, with HKD 5,000 from Hong Kong and HKD 1,354,000 from mainland China[12][13] - The company declared an interim dividend of HKD 0.03 per share for the six months ended September 30, 2025, consistent with the dividend declared in 2024[34] - The financing costs for the six months ended September 30, 2025, were HKD 24,474,000, a decrease of 7.1% from HKD 26,344,000 in 2024[21] Strategic Initiatives - The company plans to continue expanding its market presence and developing new products to enhance revenue growth in the upcoming periods[12] - The company launched new products and marketing activities to mitigate the impact of challenging business conditions, demonstrating strong brand foundation and competitive pricing strategies[36] - The flagship store "Four Seasons Food Experience Hall" in Causeway Bay, covering over 20,000 square feet, has been fully operational, enhancing product promotion and consumer engagement[38] - The company continues to explore supplier opportunities and expand product sources, focusing on high-quality food products from Japan, including eggs, beverages, dairy products, and rice[39] - The group emphasizes food safety and quality, having received multiple international certifications such as HACCP, ISO 9001, and ISO 22000, ensuring compliance with international standards[40] - The acquisition of Miyata Company has strengthened the sales platform across mainland China, Hong Kong, and Japan, enhancing sales capabilities and expanding the customer base[43] - The company introduced new flavors and products, such as the OHAYO caramel pudding ice cream and new flavors of Calbee chips, to cater to evolving consumer preferences[38] - The retail and dining segments continue to thrive, with popular establishments like "Four Seasons • Delight" Japanese cuisine and "Gong De Lin" Shanghai vegetarian restaurant receiving positive consumer feedback[41] - The group aims to leverage its strong market presence in Hong Kong, mainland China, and Japan to enhance its business growth and product offerings[46] - The group is actively expanding its market presence in the Greater Bay Area, which has a population exceeding 87 million and a GDP of over RMB 14 trillion[48] Corporate Governance - The company has adopted the standard code of conduct for securities trading as per the listing rules, confirming compliance by all directors for the six months ending September 30, 2025[55] - The audit committee consists of three independent non-executive directors, who have reviewed the unaudited interim financial report for the six months ending September 30, 2025[56] - The interim report will be published on the Hong Kong Stock Exchange and the company's website, containing information as required by listing rules[57] - The board expresses gratitude to shareholders, business partners, and employees for their continued support[58] - The board of directors includes five executive directors and three independent non-executive directors as of the announcement date[59] - The chairman of the board is Mr. Dai Defeng, who holds multiple honors[60] Awards and Recognition - The group received multiple awards for its brand performance, including the "2025 Excellence Award (Market Leap)" from Haribo and "Annual Supreme Brand" from Wellcome Supermarket[45] - The group is committed to corporate social responsibility, focusing on community service and sustainable development initiatives[45] - The group plans to introduce new flavors and styles to maintain its leadership position in the food industry[46] Workforce - The group employs approximately 2,500 staff members as of September 30, 2025[51] - The group purchased a total of 72,000 shares between August and October 2025, with a total cost of HKD 181,800[52]

Core Viewpoint - Four Seas Group (00374) anticipates a decrease in profit attributable to shareholders for the six months ending September 30, 2025, estimated between HKD 11 million and HKD 15 million, compared to approximately HKD 20 million for the six months ending September 30, 2024, primarily due to weak consumer confidence in Hong Kong and mainland China [1] Financial Performance - The expected profit for the interim period is lower than the same period last year but is projected to exceed the profit attributable to shareholders of approximately HKD 10 million for the fiscal year ending March 31, 2025 [1] Market Environment - The decline in profit is attributed to a challenging business environment caused by weak consumer confidence in Hong Kong and mainland China [1] Strategic Initiatives - The company has implemented a competitive pricing strategy supported by a strong brand foundation and robust procurement capabilities, which has proven effective in maintaining profitability [1] - Four Seas Group continues to develop new products, with increasing consumer demand for its Japanese ice cream series, particularly the OHAYO caramel pudding ice cream [1] - Other popular products launched by the company include Calbee Hot Wave Shrimp Chips and Pokka Sapporo drinks aimed at reducing water retention and fatigue, contributing positively to the company's market presence [1]