Core Viewpoint - Starlight Group (00403) reported a revenue of HKD 429 million for the six months ending September 30, 2025, representing a year-on-year increase of 15.57%. However, the company recorded a loss attributable to shareholders of HKD 28.812 million, compared to a profit of HKD 7.26 million in the same period last year, resulting in a loss per share of HKD 0.0576 [1] Financial Performance - Revenue for the period reached HKD 429 million, marking a 15.57% increase year-on-year [1] - The company reported a loss of HKD 28.812 million, contrasting with a profit of HKD 7.26 million in the previous year [1] - Loss per share was recorded at HKD 0.0576 [1] Strategic Initiatives - The company aims to leverage opportunities from the Regional Comprehensive Economic Partnership (RCEP) and the opening of the ASEAN market [1] - There is a focus on expanding non-traditional businesses and high-value-added product offerings [1] - The company is committed to building a more resilient and competitive global supply system [1]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 429,409,000, a decrease of 15.6% compared to HKD 508,622,000 for the same period in 2024[4] - Gross profit for the same period was HKD 52,540,000, down 42.2% from HKD 90,901,000 year-over-year[4] - Operating loss for the six months was HKD 27,529,000, compared to an operating profit of HKD 10,196,000 in the previous year[4] - Net loss for the period was HKD 29,030,000, compared to a profit of HKD 7,090,000 in the same period last year[5] - Basic and diluted loss per share was HKD 5.76, compared to earnings of HKD 1.45 per share in the prior year[5] - Revenue for the six months ended September 30, 2025, was HKD 429,409,000, a decrease of 15.6% from HKD 508,622,000 in the same period of 2024[13] - Sales of packaging materials, labels, and paper products, including eco-friendly products, amounted to HKD 414,660,000, down from HKD 494,196,000, representing a decline of 16.1%[13] - The group reported a total operating loss of HKD 29,030,000 for the six months ended September 30, 2025, compared to an operating profit of HKD 7,090,000 in the same period of 2024[15][16] - The company reported a loss of approximately HKD 28.81 million for the six months ended September 30, 2025, compared to a profit of HKD 7.26 million in the same period last year[30] - Revenue for the period was approximately HKD 429 million, representing a decrease of about 16% year-on-year[30] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 815,219,000, a decrease from HKD 842,010,000 as of March 31, 2025[8] - Total liabilities decreased to HKD 254,514,000 from HKD 262,429,000 as of March 31, 2025[8] - Cash and cash equivalents decreased to HKD 114,308,000 from HKD 198,650,000 as of March 31, 2025[8] - Trade receivables increased to HKD 229,727,000 from HKD 171,893,000 year-over-year[8] - Trade payables as of September 30, 2025, were HKD 105.17 million, compared to HKD 70.84 million as of March 31, 2025[29] - As of September 30, 2025, the group reported cash and bank balances of approximately HKD 115 million[45] - The group's operating capital surplus was approximately HKD 198 million as of September 30, 2025, compared to HKD 252 million in the previous year[46] - The debt-to-equity ratio as of September 30, 2025, was 5%, down from 7% in the previous year[46] Operational Highlights - The South China region generated revenue of HKD 285,403,000, a decrease of 24.8% from HKD 378,349,000 in the previous year[15][16] - The group incurred a financing cost of HKD 1,028,000, compared to HKD 1,556,000 in the previous year, reflecting a reduction of 34%[18] - The net exchange gain for the six months ended September 30, 2025, was HKD 1,743,000, an increase from HKD 1,223,000 in the same period of 2024[17] - The group reported a net other income of HKD 4,069,000 for the six months ended September 30, 2025, compared to HKD 7,335,000 in the same period of 2024[17] - The gross profit margin declined by approximately 6 percentage points compared to the same period last year, primarily due to increased competition and pricing strategies[30] Strategic Initiatives - The company plans to accelerate capacity layout in Southeast Asia to mitigate geopolitical risks and enhance operational efficiency through technological innovation[31] - The company is focusing on diversifying its business into non-traditional sectors such as e-commerce and high-end packaging to strengthen its market position[31] - The company is accelerating capacity construction in Malaysia to mitigate tariff risks and enhance service to global customers, while also increasing investment in high-growth areas such as domestic packaging and proprietary cultural products[33] - The company aims to leverage opportunities from the Regional Comprehensive Economic Partnership (RCEP) and ASEAN market openings to expand non-traditional businesses and high-value product offerings[44] Market Conditions - The global printing market is undergoing significant structural adjustments due to geopolitical tensions and trade protectionism, particularly the U.S. tariffs on Chinese imports, which have increased export costs and compressed profit margins[33] - The South China business has faced severe impacts from new U.S. tariffs, leading to a significant reduction in export orders and resulting in overall business losses[36] - The East China business has experienced major strategic adjustments due to delayed orders from key clients, prompting the company to implement a market diversification strategy[40] - Southeast Asia business recorded robust sales growth, reflecting a positive trend of international customers shifting orders from traditional production bases to Southeast Asia[42] Innovation and Development - The company has introduced a total of 14 new patents across its factories, showcasing its strength in process improvement and product development, with 4 new utility model patents in Guangzhou and Shaoguan, and 5 in Suzhou[34] - The company has developed new automated equipment to enhance production efficiency and product precision, contributing to its commitment to sustainable development[41] - The Malaysian plant, as the core base in Southeast Asia, is enhancing operational efficiency and product yield through process standardization and automation upgrades[42] Governance and Compliance - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange rules for the six-month period ending September 30, 2025[56] - The company has adopted the standard code for directors' securities transactions, confirming compliance during the same reporting period[57] - No significant events requiring disclosure occurred after September 30, 2025, until the announcement date[59] - The interim results report for the six-month period ending September 30, 2025, will be sent to shareholders and published on the company's website[60] - The chairman, Mr. Lin Guangru, holds both the chairman and CEO positions, which the board believes enhances strategic development and business plan execution[56] Human Resources - The group employs approximately 2,400 staff and is committed to continuous training and talent development programs[50]

Core Viewpoint - Starlight Group (00403.HK) has announced a board meeting scheduled for November 27, 2025, to approve its interim results for the six months ending September 30, 2025, consider and approve the distribution of interim dividends (if any), and address other matters [1] Group 1 - The board meeting will focus on the approval of the company's interim performance [1] - The meeting will also consider the distribution of interim dividends [1] - The date of the meeting is set for November 27, 2025 [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，並明確表示概不就因本公告全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 董事會會議日期 星光集團有限公司（「本公司」）董事會（「董事會」）宣佈，本公司將於二零二五年十 一月二十七日星期四舉行董事會會議，以批准（其中包括）本公司及其附屬公司截至二 零二五年九月三十日止六個月之中期業績、考慮及批准派發中期股息（如有）及處理其 他事務。 承董事會命 星光集團有限公司 公司秘書 潘國政 香港，二零二五年十一月十二日 於本公告日期，本公司之執行董事為 : 林光如先生、潘國政先生、黃偉國先生及鍾治塘先生， 非執行董事為 : 楊翠女士，而獨立非執行董事為：陳裕光先生、郭琳廣先生，銀紫荊星章，太平紳 士、譚競正先生及羅君美女士 。 * 僅供識別 ...

Core Viewpoint - Starlight Group (00403) anticipates a loss attributable to shareholders of no more than HKD 30 million for the six months ending September 30, 2025, compared to a profit of approximately HKD 7 million in the same period last year [1] Summary by Relevant Categories Financial Performance - The company expects a significant decline in revenue due to reduced orders from packaging clients and U.S. customers, attributed to intense market competition and uncertainties related to U.S. trade tariffs [1] - The loss from the green segment has increased compared to the same period last year, primarily due to higher product development costs for new products and increased promotional costs both online and offline [1] Operational Changes - The company is in the process of relocating several production lines to Malaysia; however, production capacity has not fully recovered, and customers are currently placing trial orders during this period [1]

Core Viewpoint - Starlight Group (00403) anticipates a loss attributable to shareholders of no more than HKD 30 million for the six months ending September 30, 2025, compared to a profit of approximately HKD 7 million in the same period last year [1] Group Summary - The board attributes the anticipated loss primarily to intense market competition and uncertainties related to increased tariffs imposed by the U.S. government, resulting in a significant decline in orders from packaging clients and U.S. customers [1] - The loss from the green group has increased compared to the same period last year, mainly due to higher product development costs for new products and increased promotional costs for both online and offline channels [1] - The company is in the process of relocating several production lines to Malaysia; however, production capacity has not fully recovered, and customers are currently testing purchase orders during this period [1]

Core Viewpoint - Starlight Group (00403.HK) anticipates a loss attributable to shareholders of no more than HKD 30 million for the six months ending September 30, 2025, compared to a profit of approximately HKD 7 million in the same period last year [1] Group Summary - The expected loss is primarily attributed to intense market competition and uncertainties regarding additional tariffs imposed by the U.S. government, leading to a significant decline in orders from packaging and U.S. clients [1] - The losses from the green segment have increased compared to the same period last year, driven by higher product development costs and increased promotional expenses both online and offline [1] - The company is in the process of relocating several production lines to Malaysia; however, production capacity has not fully recovered, and customers are currently placing trial orders during this period [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，並明確表示概不就因本公告全部或任何部分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。 本公司股東及有意投資者於買賣本公司之股份時，務請審慎行事。 承董事會命 星光集團有限公司 主席 林光如 香港，二零二五年十一月十一日 於本公告日期，本公司之執行董事為 : 林光如先生、潘國政先生、黃偉國先生及鍾治塘先生，非執 行董事為 : 楊翠女士，而獨立非執行董事為：陳裕光先生、郭琳廣先生，銀紫荊星章，太平紳士、譚競 正先生及羅君美女士 。 盈利警告 本公告乃由星光集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）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 條及香港法例第 571 章證券及 期貨條例第 XIVA 部的內幕消息條文（定義見上市規則）作出。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，根據其對本 集團截至二零二五年九月三十日止六個月（「該期間」）的未經審核綜合管理賬目以及董 事會目前可得資料作出的初步評估，預期本集團於該期間將錄得本 ...

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 | 狀態: | | --- | | 新提交 | | 截至月份: 2025年10月31日 | 致：香港交易及結算所有限公司 FF301 第 1 頁 共 10 頁 v 1.1.1 公司名稱: 星光集團有限公司 呈交日期: 2025年11月4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) | 00403 | 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 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | ...

Market Overview - A-shares opened lower and experienced fluctuations, with the Shanghai Composite Index falling below 3900 points and the Shenzhen Component Index below 13000 points, indicating a broader market decline with more stocks falling than rising [1][2] - The coal, real estate, banking, and Shenzhen local stocks showed active performance, while sectors like communication equipment, glass fiber, precious metals, and engineering machinery faced significant declines [2] Coal Sector Performance - Coal stocks strengthened against the market trend, with the coal index surpassing 2200 points, reaching a new high for the year. Major companies like Dayou Energy saw their stock price hit a 10-year high, with nearly all trading days in the past 10 recording gains [3][5] - The coal industry is entering a demand peak due to the onset of cold weather, with daily coal consumption in power plants reported at 388.9 million tons, a week-on-week increase of 26.4 million tons [5][6] - The coal ETF has seen significant inflows, with over 1.3 billion yuan net inflow in the past five days and a year-to-date growth of over 360%, indicating strong market interest [6] Shenzhen Local Stocks - Several Shenzhen local stocks experienced a surge, with companies like JianKexuan and Guangtian Group hitting their daily limit up, reflecting strong market sentiment towards local enterprises [7][8] - The Shenzhen Municipal Financial Management Bureau has launched an action plan aimed at promoting high-quality mergers and acquisitions, targeting a total market value of over 20 trillion yuan for listed companies by the end of 2027 [9][10]