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。 Website : http://www.hkstarlite.com 截至二零二三年三月三十一日止年度之全年業績公佈 董事會謹公佈星光集團有限公司（「本公司」）及各附屬公司(統稱「本集團」) 截至二零二三年三月三十一日止年度之綜合業績及去年同期比較數字如下： 綜合收益表 截至二零二三年三月三十一日止年度 附註 二零二三年 二零二二年 千港元 千港元 收入 3 923,236 1,048,700 ...

Financial Performance - The Group reported a profit of approximately HK$9 million for the six months ended 30th September 2022, a significant decrease from approximately HK$418 million in the same period last year[3]. - Revenue for the period was about HK$542 million, representing a 3% decline compared to the same period last year[3]. - Excluding the net gain of approximately HK$483 million from the disposal of Starlite Printers (Shenzhen) Co., Ltd last year, the Group's performance improved substantially during the period[4]. - Profit for the period attributable to the owners of the Company was HK$8,918,000, a sharp decline from HK$417,715,000 in the prior year[123]. - Basic and diluted earnings per share were both HK$1.73, down from HK$79.54 in the same period last year[119]. - Gross profit for the period was HK$88,877,000, significantly up from HK$42,289,000 in the previous year, indicating a substantial improvement in profitability[119]. - The Company declared dividends of HK$5,146,000, a significant drop from HK$57,765,000 in the previous year[119]. - For the six months ended September 30, 2022, the company reported a comprehensive loss of HK$42,754,000 compared to a comprehensive income of HK$421,696,000 for the same period in 2021[135]. Operational Highlights - The Guangzhou and Shaoguan plants recorded profits, while the Suzhou plant achieved a turnaround from loss to profit despite challenges from lockdown measures[5]. - The eastern China operation experienced a decline due to lockdown measures and economic slowdown, while the Southeast Asia operation remained stable but faced disruptions[19]. - Southern China operation maintained profitability for the six months ended September 30, 2022, despite challenges such as high inflation and economic recession impacting market demand[21]. - Eastern China operation experienced a revenue decline but turned a profit due to exchange gains from Renminbi depreciation, with increased revenue from greeting cards as individual consumer markets in Europe and the US recovered[31]. - The Group's innovative environmentally friendly brand TEAM GREEN® saw increased sales in the first half of the year, driven by the resumption of retail activities and new product launches[28]. Strategic Initiatives - The Group is actively promoting upgrades and transformation of its internal management systems and supply chain reform to enhance operational efficiency and risk management capabilities[15]. - The Group's strategic direction includes expanding in emerging markets and optimizing organizational structure to maintain market competitiveness[8]. - The Group plans to strengthen business development in mainland China and Southeast Asia markets, expanding sales channels through online and offline platforms[28]. - The Group is actively preparing to implement a dual-cycle strategy and develop the new economy post-pandemic through diversified cooperation with well-known publishing houses[25]. Financial Position - The Group's cash and bank balances and short-term bank deposits amounted to approximately HK$253 million as of September 30, 2022[40]. - Working capital surplus was approximately HK$232 million as of September 30, 2022, compared to HK$317 million a year earlier[43]. - The Group maintained a net cash position as of September 30, 2022, and 2021, and will continue to adopt prudent policies for financial health[43]. - Total assets as of September 30, 2022, amounted to HK$961,689,000, down from HK$1,039,476,000 as of March 31, 2022[126]. - Total equity attributable to the owners of the Company decreased to HK$626,725,000 from HK$670,645,000[128]. - Cash and cash equivalents were HK$252,961,000, a decrease from HK$285,422,000 as of March 31, 2022[126]. Shareholder Information - An interim dividend of HK1 cent per share has been recommended for the six months ended 30th September 2022[10]. - As of September 30, 2022, Mr. Lam Kwong Yu holds 202,962,677 shares, representing 39.44% of the total shareholding[54]. - Ms. Yeung Chui has a beneficial interest of 79,916,000 shares and an additional 1,012,901 shares held by Dayspring Enterprises Limited, totaling 80,928,901 shares or 15.73%[54]. - The total number of shares available for issue under the 2022 Share Option Scheme is 51,463,528 shares, which is approximately 10% of the issued share capital[62]. - The maximum number of shares that may be issued upon exercise of all outstanding options must not exceed 30% of the shares in issue[63]. Governance and Compliance - The Audit Committee reviewed the unaudited interim financial information for the six months ended 30th September 2022[78]. - The Remuneration Committee is responsible for recommending the remuneration policy for all Directors and senior management[80]. - The Nomination Committee regularly reviews the structure, size, and composition of the Board[82]. - The company has complied with the Corporate Governance Code throughout the six months ended September 30, 2022, except for certain deviations[97]. - All directors confirmed compliance with the Model Code for Securities Transactions by Directors for the six months ended September 30, 2022[111]. Market Conditions - The International Monetary Fund (IMF) projected global economic growth to slow down to 2.7% in 2023, with a 25% probability of falling below 2%[35]. - The Group's activities expose it to various financial risks, including market risk, credit risk, liquidity risk, and price risk[144]. - There have been no changes in the risk management department or policies since the year-end[144].

Financial Performance - For the year ended March 31, 2022, the Group's revenue decreased by 1% to approximately HK$1,049 million[12] - The Group recorded a profit of approximately HK$357 million, compared to a loss of approximately HK$99 million last year[12] - The improvement in performance was mainly due to the disposal of Starlite Printers (Shenzhen) Co., Ltd, resulting in a net gain of approximately HK$483 million[13] - Overall revenue from southern China operations declined, but profit was still recorded through measures to increase income and reduce expenditure[33] - The eastern China operations experienced a marginal profit decrease due to soaring paper prices and increased outsourcing and labor expenses, yet still saw growth for the year[36] - The Southeast Asia operation's revenues increased, and losses narrowed despite multiple production halts due to pandemic volatility[36] - The southern China operation remained profitable, with a recovery in customer orders for children's books and board games despite weakened global retail demand due to COVID-19[38] - The eastern China operation turned from loss to profit, benefiting from improved consumer sentiment in Europe and the U.S., leading to increased revenue from greeting card products[45] - Operating profit for the same period was HK$367,421,000, a significant recovery from an operating loss of HK$98,713,000 in 2021[94] - Profit attributable to the owners of the Company for the year was HK$357,473,000, compared to a loss of HK$98,525,000 in the previous year[94] - Basic earnings per share attributable to the owners of the Company increased to 68.10 HK cents, recovering from a loss of 18.76 HK cents in 2021[94] Operational Challenges - The appreciation of Renminbi by approximately 4% and rising costs in commodities, logistics, and labor have negatively impacted overall performance[13] - The Guangzhou and Shaoguan plants suffered losses, while the Suzhou plant recorded an increase in sales and a turnaround from loss to profit[15] - The macro environment fluctuated sharply in the second half of the year due to geopolitical instability and inflation reaching the highest level in over 40 years in the US and Europe[15] - The Group's operational difficulties increased due to disruptions in the global supply chain and rising operating costs[15] - The Group's performance was affected by the ongoing COVID-19 pandemic and the emergence of the Omicron variant[15] Strategic Initiatives - The Group aims to continue building long-term partnerships with customers across various industries[5] - The Group established long-term strategic partnerships with international customers to maintain market competitiveness[23] - The Group is actively promoting upgrades to its internal management system and supply chain reform to enhance operating efficiency and risk management[32] - The Group's management is actively implementing operational upgrades to improve flexibility and diversify manufacturing capabilities for long-term growth[46] - The Group's strategic vision focuses on sustainable management and resource integration to enhance its leading position in the industry[42] - The Group is actively exploring opportunities to develop its own products and brand, moving away from traditional OEM business models[91] Financial Position - As of March 31, 2022, the Group's cash and bank balances and short-term bank deposits amounted to approximately HK$286 million[55] - The Group achieved a working capital surplus of approximately HK$238 million as of March 31, 2022, compared to HK$84 million as of March 31, 2021[57] - The Group's net cash position as of March 31, 2022, was approximately HK$137 million, improving from a net debt position of HK$116 million in the previous year[57] - The Group's gearing ratio decreased to 22% as of March 31, 2022, down from 111% in the previous year[57] - Interest expenses for the Group amounted to approximately HK$18 million during the year, compared to HK$11 million recorded last year[56] - The Group's non-current assets amounted to HK$434,716,000, an increase from HK$426,780,000 in the previous year[96] - Current assets as of March 31, 2022, were HK$604,760,000, compared to HK$592,722,000 as of March 31, 2021[96] - The Group's net current assets increased to HK$238,190,000 in 2022 from HK$84,077,000 in 2021, reflecting a significant improvement[96] - Total equity as of March 31, 2022, was HK$670,645,000, up from HK$353,219,000 in the previous year[96] Shareholder Information - The Group did not recommend a final dividend for the year ended March 31, 2022, but paid an interim dividend of HK1 cent and a special dividend of HK10 cents per share for the six months ended September 30, 2021[25] - The Group's retained profit available for distribution to shareholders as of March 31, 2022, was approximately HK$401,844,000[116] - During the year, the Company repurchased 6,500,000 ordinary shares for a total consideration of HK$2,078,350[123] - The directors believe that the share repurchases will enhance earnings per share and increase net asset value per share attributable to shareholders[128] - The Company plans to propose a new share option scheme at the special general meeting on August 18, 2022, to reward eligible participants for their contributions[180] Environmental and Social Governance - The Group has established an ESG management team to oversee environmental and social governance initiatives, with an ESG report to be published alongside the 2022 annual report[78] - The Group has received a "Certificate of Participation in Green Financing Solutions" from HSBC, recognizing its contributions to green transformation and sustainable development[81] - The management is focusing on digital transformation and green manufacturing to create long-term sustainable value for shareholders[81] - The Group made charitable contributions of approximately HK$285,000 during the year, compared to HK$119,000 in 2021[131] - The Group has engaged in various charitable activities, including financial support for disaster relief and educational initiatives in Hong Kong and China[76]

S T A R L I T E HOLDINGS LIMITED 星 光 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability) (於 百 轉 速 註 冊 戊 立 之 有 限 公 司 ) STOCK CODE 股份代號: 403 INTERIM REPORT FOR THE SIX MONTHS ENDED 30TH SEPTEMBER, 2021 中期業績報告 截至二零二一年九月三十日止六個月 STARLITE HOLDINGS LIMITED • INTERIM REPORT 2021 星光集團有限公司 ‧ 二零二一年中期業績報告 RESULTS 業績 The Group posted a profit of approximately HK$418 million for the six months ended 30th September, 2021, compared to loss of approximately HK$70 million in the same period last year. The Group reco ...

Financial Performance - For the year ended March 31, 2021, the Group's revenue decreased by 7% to approximately HK$1,057 million, compared to the previous year's profit of approximately HK$8 million, resulting in a loss of approximately HK$99 million[11][12]. - The decline in performance was primarily due to the COVID-19 pandemic, which shrank global packaging market demand, negatively impacting various operating units[12][13]. - The appreciation of Renminbi by approximately 8% and recorded exchange losses, along with soaring prices of major commodities and shipping costs, affected profit levels[12][13]. - The operating loss for the year was HK$98,713,000, compared to an operating profit of HK$27,056,000 in the previous year[92]. - The loss attributable to the owners of the company for the year was HK$98,525,000, a significant decline from a profit of HK$8,499,000 in 2020[92]. - Basic loss per share attributable to the owners of the company was HK(18.76) cents, compared to earnings of HK1.62 cents per share in the previous year[92]. Operational Developments - Approximately HK$90 million in severance payments and related expenditures were incurred due to the transfer of operations from the Shenzhen plant to the Shaoguan plant[12][13]. - The performance of the four plants in the PRC varied, with the Shenzhen plant turning profitable excluding one-off expenses, while the Suzhou plant recorded losses due to higher raw material costs[14][15]. - The Group plans to invest over US$14 million to expand factory operations, developing 89,600 square meters of the Shaoguan site within one year[16]. - The Group actively promoted lean manufacturing and business process optimization to effectively control operating costs during the adverse period[32]. - The Guangzhou plant was in the process of integrating its internal operations, which temporarily affected operating costs and profitability[32]. - The eastern China operation experienced rapid growth in the second half of the year, although it incurred losses due to additional outsourcing expenses related to labor shortages[33]. - The Group's business rebounded significantly in the second half of the year, offsetting part of the negative impact of the pandemic and operational difficulties[31]. Market and Customer Focus - The Group focused on expanding and optimizing its customer structure by exploring emerging and domestic markets[20]. - The Group capitalized on the gradual market recovery in the second half of the year to accelerate the rollout of new production capacity[20]. - The southern China operation remained stable, with a focus on flexible deployment and value chain integration despite a weakened global retail market due to COVID-19[41]. - The eastern China operation rebounded strongly in the second half of the year, with a slight increase in revenue driven by product innovation and market development in the Yangtze River Delta Economic Circle[47]. - The Group's innovative brand TEAM GREEN® faced a decline in sales due to a sluggish retail market, but new product series and brand promotions were actively developed[44]. Investments and Innovations - The Group introduced a new KBA 10-colour UV offset press to enhance production capacity and support the printing and innovation industries in eastern China[48]. - The Shaoguan plant commenced operations of a new smart logistics facility, contributing to the Group's expansion in the Guangdong-Hong Kong-Macao Greater Bay Area[39]. - The Group's investment in smart manufacturing included the introduction of advanced Heidelberg and Manroland six-colour offset presses to prepare for post-pandemic economic conditions[43]. Financial Position and Capital Management - The Group's cash and bank balances and short-term bank deposits amounted to approximately HK$275 million as of March 31, 2021[54]. - The Group's interest expense for the year was approximately HK$11 million, an increase from approximately HK$8 million recorded last year[55]. - As of March 31, 2021, the Group had a working capital surplus of approximately HK$84 million, down from approximately HK$125 million as of March 31, 2020[56]. - The Group's net gearing ratio as of March 31, 2021 was 33%, compared to a net cash position in 2020[56]. - The Group's gearing ratio as of March 31, 2021 was 111%, up from 29% in 2020[56]. - Certain assets with an aggregate book carrying value of approximately HK$53 million were pledged to secure banking facilities as of March 31, 2021[60]. Corporate Governance and Compliance - The Group has established compliance procedures to ensure adherence to applicable laws and regulations, with regular reviews conducted[101]. - The Company has complied with the Corporate Governance Code, except for certain deviations mentioned in the report[195]. - The Company has adopted the Model Code for Securities Transactions by Directors and all Directors confirmed compliance for the year ended March 31, 2021[197]. - The Company is committed to maintaining high standards of corporate governance to protect the interests of shareholders and stakeholders[194]. Social Responsibility and Community Engagement - The Group has committed to social responsibility by participating in social welfare and environmental protection activities[67]. - The Group has allocated significant resources to energy conservation and environmental protection, as well as providing training opportunities for young people[68]. - The Group provided financial and other support to various organizations, including the Scout Association of Hong Kong and the Hong Kong Seagulls Scholarship Scheme[70]. - The Group made charitable contributions of approximately HK$119,000 in the year, down from HK$242,000 in 2020, representing a decrease of 50.8%[119]. Shareholder Information - The Group's retained profit available for distribution to shareholders was approximately HK$101,558,000 as of 31st March 2021[110]. - No interim dividend was paid for the six months ended 30th September 2020, and no final dividend is recommended for the year ended 31st March 2021[110]. - The Company’s retained profit available for distribution was approximately HK$27,698,000 as of 31st March 2021[118].

S T A R L I T E HOLDINGS LIMITED 星 光 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability) (於 百 轉 速 註 冊 戊 立 之 有 限 公 司 ) STOCK CODE 股份代號: 403 INTERIM REPORT FOR THE SIX MONTHS ENDED 30TH SEPTEMBER, 2020 中期業績報告 截至二零二零年九月三十日止六個月 STARLITE HOLDINGS LIMITED • INTERIM REPORT 2020 星光集團有限公司 ‧ 二零二零年中期業績報告 RESULTS 業績 The Group posted a loss of approximately HK$70 million for the six months ended 30th September 2020, compared to profit of approximately HK$16 million in the same period last year. The Group record ...

S T A R L I TE 星 光 集 團 有 限 公 司 - incopeandiniema with linteri laking | UN 百年度放日本立在庫公司 STOCK CODE 股份代號: 403 光 五 ANNUAL REPORT 2020 年報 a 2 aoguan Fortune Creative w production facilit 部關科藝動工興建新廠房和職工宿舍樓,投資超過1400萬美元以擴大工廠連營,部關工廠佔地面積39,600平 方米 · 將在一年內完成開發。 Shaoguan Fortune Creative has commenced construction of the new plant and staff dormitory. It will invest over US$14 million to expand production capacity with the 39,600 square meter site to be fully developed in one year. | --- | --- | --- | --- | --- | --- | ...

S T A R L I T E HOLDINGS LIMITED 星 光 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability) (於 百 轉 速 註 冊 戊 立 之 有 限 公 司 ) STOCK CODE 股份代號: 403 INTERIM REPORT FOR THE SIX MONTHS ENDED 30TH SEPTEMBER, 2019 中期業績報告 截至二零一九年九月三十日止六個月 STARLITE HOLDINGS LIMITED • INTERIM REPORT 2019 星光集團有限公司 ‧ 二零一九年中期業績報告 RESULTS The Group posted a profit of approximately HK$16 million for the six months ended 30th September 2019, compared to loss of approximately HK$7.4 million in the same period last year, achieving economic ...

S T A R L I T E HOLDINGS LIMITED 星 光 集 團 有 限 公 司 Jincorporated in Bennuda with limited liability) 《於百基建啟用成立之有限公司》 STOCK CODE 股份代號: 403 ANNUAL REPORT 2019 年報 阿米巴經營培訓 moeba Management Training 星光集團致力實現"阿米巴自主經營",培養理念一致的經營人才,特邀請了專業廠 時公司為管理層進行了兩天的實戰培訓。 Our group is committed to the implementation of "Amoeba Management". We purposely organized two days' workshop conducted by professional consultants for the training of senior management in engagement of same business philosophy. 分鐘經理人 One-Minute Manager 美團主席及執行長林 ...