Financial Performance - Revenue for the six months ended September 30, 2024, was HK$1,800,461, a decrease of 2.6% from HK$1,848,126 in the same period of 2023[4] - Gross profit for the period was HK$560,423, down from HK$572,185, reflecting a gross margin of approximately 31.1%[4] - Profit for the period attributable to owners of the company was HK$119,384, a decrease of 13.9% compared to HK$138,704 in 2023[6] - Earnings per share for the period was 24.50 HK cents, down from 28.32 HK cents in the previous year[6] - Profit before taxation for the Group was HK$186,016, down 13.4% from HK$214,676 in the previous year[32] - Operating profit fell by 13.5% year-on-year to HK$186 million, compared to HK$215 million in 2023[132] - Profit before taxation for the six months ended 30 September 2024 was HK$119,398,000, a decrease from HK$138,041,000 in 2023, representing a decline of approximately 13.5%[54] Comprehensive Income - Total comprehensive income for the period was HK$148,307, significantly higher than HK$70,503 in the same period last year[6] - The total comprehensive income for the period included a profit of HK$119,398, contributing to the overall equity increase[12] Cash Flow and Liquidity - Cash and cash equivalents increased to HK$1,089,388 from HK$898,634, indicating improved liquidity[8] - The Group's net cash from operating activities for the six months ended September 30, 2024, was HK$235,901,000, an increase from HK$222,760,000 in the same period of 2023, representing a growth of approximately 5.1%[18] - The net cash used in investing activities was HK$5,324,000, compared to a net cash outflow of HK$19,044,000 in the previous year, indicating a significant improvement[18] - The net cash used in financing activities decreased to HK$67,493,000 from HK$77,311,000, reflecting a reduction of approximately 12.4%[18] - Cash and cash equivalents at the end of the period amounted to HK$1,089,388,000, down from HK$1,175,925,000 in the previous year, a decrease of about 7.3%[18] Assets and Liabilities - As of September 30, 2024, net current assets increased to HK$1,340,318, up from HK$1,207,736 as of March 31, 2024, representing an increase of approximately 10.95%[10] - Total assets less current liabilities decreased slightly to HK$1,941,216 from HK$1,958,525, a decline of about 0.88%[10] - Net assets rose to HK$1,832,181, compared to HK$1,795,967, reflecting an increase of approximately 2.02%[10] - Current liabilities increased to HK$623,847 from HK$428,950, reflecting a rise in trade and other payables[8] Inventory and Management - Inventories rose to HK$506,592, up from HK$442,997, suggesting potential challenges in inventory management[8] - The Group strategically increased its inventory level to HK$507 million as of September 30, 2024, representing a 14.4% increase from HK$443 million as of March 31, 2024[140] Dividends - The Company declared a special dividend of HK$83,826 for 2024, impacting the retained earnings[12] - The interim dividend proposed for 2025 is expected to be HK$29,729, reflecting ongoing shareholder returns[12] - The final dividend declared for the year ended 31 March 2024 was 5.8 HK cents per share, totaling HK$28,267,000, down from 7.5 HK cents per share and HK$36,552,000 in 2023[51] - An interim dividend of 6.1 HK cents per share, totaling HK$29,729,000, was declared for the six months ended 30 September 2024, compared to 7.0 HK cents per share and HK$34,115,000 in 2023, reflecting a decrease of approximately 13.0%[51] - Special dividend for the six months ended 30 September 2024 was 18.5 HK cents per share, totaling HK$90,161,000, down from 21.5 HK cents per share and HK$104,782,000 in 2023, indicating a decline of about 13.9%[51] Segment Performance - Revenue from the Hong Kong segment was HK$423,882, down 12.1% from HK$482,655 in 2023[32] - The PRC segment generated revenue of HK$1,322,763, an increase of 1.9% compared to HK$1,302,486 in 2023[32] - The Macau segment reported revenue of HK$53,816, a decrease of 14.6% from HK$62,985 in 2023[32] - Segment profit for Hong Kong was HK$6,847, a decrease of 49.7% from HK$13,607 in 2023[32] - The PRC segment's profit was HK$212,328, down 3.5% from HK$220,096 in 2023[32] Shareholder Information - The Group's issued and fully paid ordinary shares remain at 487,358,224 shares, maintaining a stable capital structure[93] - Mr. Yeung Him Kit, Dennis holds 4,084,000 shares, representing 0.84% of the issued share capital of the Company[116] - Madam Yeung Man Yee, Shirley owns 1,421,161 shares, which is approximately 0.29% of the issued share capital[116] - Mr. Sun Dai Hoe, Harold has a beneficial interest in 3,200,000 shares, accounting for 0.66% of the issued share capital[116] Corporate Governance - The Audit Committee consists of three independent non-executive directors, and its terms of reference have been updated in compliance with the CG Code[163] - All directors confirmed compliance with the standard code of conduct for securities trading as of September 30, 2024[165] - The Board comprises executive directors including Mr. Yeung Him Kit, Dennis (Chairman), Madam Yeung Man Yee, Shirley, and Mr. Lam Hing Lun, Alain, along with independent non-executive directors[168]

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 分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。 * 僅供識別 ORIENTALWATCH HOLDINGS LIMITED 東方表行集團有限公司 * （於百慕達註冊成立之有限公司） （「本公司」） （股份代號：398） 截至二零二四年九月三十日止六個月之 中期業績公佈 東方表行集團有限公司（「本公司」）董事會欣然宣佈，本公司及其附屬公司（「本集 團」）截至二零二四年九月三十日止六個月之未經審核綜合業績，連同去年同期之比 較數字如下： 簡明綜合損益及其他全面收益表 截至二零二四年九月三十日止六個月 | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------|---------|------------------------------ ...

Since 1961 Annual Report 2024 年報 霓虹招牌 The colours of neon light simple CONTENTS 目錄 CORPORATE INFORMATION 財務摘要 192 Annual Report 2024 二零二四年年報 1 | --- | --- | --- | --- | |-------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------|-------------------------------------------------------------------------------| | | | | | | BOARD OF DIRECTORS | Mr. ...

– 30 – 按資產所在地劃分之分部資產與按出售貨品市場之位置劃分者相同。 截至二零二三年三月三十一日止年度，本集團就2019冠狀病毒病相關補助確認政府 補貼，包括香港政府所提供之「保就業」計劃補助4,440,000港元（二零二四年：無）。 於兩個年度的餘下政府補助主要包括就補助本集團中國業務收到之無條件補助。 | --- | --- | --- | |--------------------------------|-----------------------|---------------------| | | 二零二四年 \n千港元 | 二零二三年 \n千港元 | | 本期稅項： | | | | 香港 | 1,788 | 512 | | 中國企業所得稅 | 119,864 | 120,626 | | 其他司法權區 | 2,556 | 2,347 | | 聯營公司股息收入之預扣稅 | 2,337 | 2,554 | | 附屬公司股息收入之預扣稅 | 15,017 | 20,779 | | | | | | | 141,562 | 146,818 | | | | | | 過往年度撥備不足（超額撥備）： | ...

2023 中 期 報 告 Interim Report CORPORATE INFORMATION 公司資料 CORPORATE INFORMATION 公司資料 BOARD OF DIRECTORS Mr. Yeung Him Kit, Dennis 董事會 楊衍傑先生 (Chairman and Managing （主席兼董事總經理） Director) Madam Yeung Man Yee, Shirley 楊敏儀女士 (Executive Director) （執行董事） Mr. Lam Hing Lun, Alain 林慶麟先生 (Finance Director) （財務董事） Dr. Li Sau Hung, Eddy 李秀恒博士 (Independent Non-executive （獨立非執行董事） Director) Mr. Choi Man Chau, Michael 蔡文洲先生 (Independent Non-executive （獨立非執行董事） Director) Mr. Sun Dai Hoe, Harold 孫大豪先生 (Independent Non-executive ...

| --- | --- | --- | |------------------------------------|----------|-----------| | | | | | 其他全面（開支）收益 | | | | 將不會重新分類至損益之項目： | | | | 按公平值計入其他全面收益 | | | | 之股本工具之公平值變動 | (740) | (667) | | 其後可能重新分類至損益之項目： | | | | 換算海外業務所產生之匯兌差額 | (67,461) | (108,032) | | 按公平值計入其他全面收益之債務工具 | | | | 之公平值變動 | — | (57) | | 贖回按公平值計入其他全面收益 | | | | 之債務工具時撥回 | — | 18 | | --- | --- | --- | --- | |--------------|-------|--------------|--------------| | | | （未經審核） | （經審核） | | | | 二零二三年 | 二零二三年 | | | 附註 | 九月三十日 | 三月三十一日 | | | | 千港元 | 千港元 ...

Financial Performance - The Group's financial results for the year ended March 31, 2023, are detailed in the consolidated statement of profit or loss and other comprehensive income[71]. - Monthly management reports on financial results and key operating statistics are reviewed by Executive Directors to discuss business performance against budgets and forecasts[141]. - The Group's dividend policy is aligned with its financial performance and market conditions[36]. Audit and Compliance - The audit fees charged by Deloitte for audit services amounted to HK$3,600,000, while taxation and non-audit services totaled HK$634,000, leading to a total of HK$4,234,000[20]. - The Audit Committee reviews the Group's interim and annual financial results to ensure compliance with accounting principles[23]. - The Audit Committee has confirmed compliance with applicable code provisions of the CG Code during the year, with some deviations explained in relevant paragraphs[146]. - Reports from external auditors on internal controls are reviewed by the Group Finance Director and relevant management teams[144]. - Significant internal control deficiencies are reported to the Audit Committee and the Board in a timely manner to ensure prompt remediation actions[101]. Risk Management - The Board has overall responsibility for the Group's systems of risk management, internal control, and legal and regulatory compliance[37]. - The Group's risk management policy is designed to identify, evaluate, and manage significant risks, with annual assessments conducted by the Risk Management Taskforce[74]. - The Group Managing Director and Group Finance Director are responsible for developing and implementing risk mitigation strategies, including insurance coverage[75]. - The internal audit function assists the Board and Audit Committee in monitoring risk management and internal control systems on an ongoing basis[101]. - The Board conducted a review of the effectiveness of the Group's risk management and internal control systems for the year ended March 31, 2023, and concluded that these systems are effective and adequate[149]. Corporate Governance - The Board has overall responsibility for monitoring the operations of the Group's business, with Executive Directors appointed to oversee material operating subsidiaries[107]. - The Board is committed to maintaining effective corporate governance and continuously improving governance practices to meet evolving regulatory requirements[145]. - The Company has implemented a communication policy to provide shareholders with clear and comprehensive information regarding the Group's operations[129]. - The shareholders' communication policy has been reviewed and deemed effective during the year ended March 31, 2023[154]. - The Board emphasizes the importance of maintaining effective communication with shareholders and investors through various channels[151]. Environmental, Social, and Governance (ESG) Initiatives - The Company has established long-term carbon emissions reduction targets to mitigate climate change impacts and reduce its carbon footprint[65]. - The Company has set long-term management goals for reducing greenhouse gas emissions, energy consumption, waste, and improving water efficiency[168]. - The Company has established long-term ESG goals and missions, with a commitment to monitor and manage ESG-related risks[169]. - The ESG taskforce is responsible for evaluating the effectiveness of the Company's ESG management systems and reporting achievements to the Board regularly[169]. - The Company continues to monitor various environmental data and aims for continuous progress in ESG performance[188]. Diversity and Inclusion - The Board has adopted a diversity policy to enhance the diversity of board members, considering factors such as gender, age, and professional experience[56]. - As of March 31, 2023, the total workforce comprised of 63% female and 37% male, with senior management consisting of 48% female and 52% male, indicating good gender diversity[150]. Employee Welfare - Employee compensation and benefits are a key focus area, emphasizing the importance of recruitment, promotion, and dismissal practices[196]. - The Company is committed to improving workplace health and safety as part of its social responsibility initiatives[196]. - The Company aims to enhance employee training and development as part of its labor practices[196]. Stakeholder Engagement - The Company conducted annual stakeholder engagement to identify material ESG issues, which were confirmed by management and the Board[137]. - Stakeholder engagement methods include meetings, email communications, and performance appraisals, ensuring active communication with suppliers, customers, employees, investors, and government authorities[170]. - The Company engages stakeholders through various methods, including public consultation and press releases, to inform decision-making[193].

ORIENTALWATCH HOLDINGS LIMITED 東方表行集團有限公司 * （於百慕達註冊成立之有限公司） （股份代號：398） | --- | --- | --- | --- | |-------|-----------------------------------------|-------|-------| | | | | | | | 財務摘要 | | | | • | 營業額上升 1.8% 至 3,705,000,000 港元 | | | | • | 本公司擁有人應佔溢利為 295,000,000 港元 | | | | • | 每股盈利為 60.62 港仙 | | | | • | 末期股息為每股 7.5 港仙 | | | | • | 特別股息為每股 22.0 港仙 | | | 東方表行集團有限公司（「本公司」）董事會欣然宣佈，本公司及其附屬公司（「本集 團」）截至二零二三年三月三十一日止年度之經審核綜合業績連同二零二二年同期之 比較數字如下： 年內全面收益總額 209,687 403,339 – 2 – | --- | --- | --- | --- | |---------------- ...

Oriental Watch Company Since 1961 Oriental Watch Holdings Limited 東方表行集團有限公司 (Incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) (Stock Code 股份代號: 398) 時 機 時間 玄 機 追趕時間 , 不如把握時機。 2022 Interim Report 中期報告 公司資料 CORPORATE INFORMATION | --- | --- | --- | --- | |-------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------|------------------- ...

Oriental Watch Company Since 1961 Oriental Watch Holdings Limited 東方表行集團有限公司 (Incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) (Stock Code 股份代號: 398) 時 機 時 間 玄 機 60分鐘可以是完結， 亦是下一小時的新開始。 2022 Annual Report 年報 CONTENTS 目錄 | --- | --- | --- | |-------------------------------------------------------------------------|----------------------------|---------| | | | | | CORPORATE INFORMATION | 公司資料 | 2 | | CHAIRMAN'S STATEMENT AND MANAGEMENT | 主席報告及管理層討論及分析 | 3-7 | | DISCUSSION AND ANALYSIS | | | | DI ...