Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 174,448,000, an increase of 22.5% compared to HKD 142,352,000 for the same period in 2023[1] - Gross profit decreased to HKD 32,096,000, down 42.0% from HKD 55,362,000 year-on-year[1] - Profit before tax for the period was HKD 41,111,000, a decline of 66.1% from HKD 121,230,000 in the previous year[3] - Net profit attributable to the owners of the company was HKD 27,289,000, a decrease of 74.3% compared to HKD 106,067,000 for the same period last year[3] - Basic and diluted earnings per share were HKD 3.54, down from HKD 14.42 in the previous year[3] - For the six months ended September 30, 2024, total revenue from external customers was HKD 174,448,000, compared to HKD 117,777,000 for the same period in 2023, representing an increase of 48%[39] - The company reported a pre-tax profit of HKD 27,289,000 for the six months ended September 30, 2024, a significant decrease from HKD 106,067,000 in the same period of 2023, reflecting a decline of 74%[48] - Basic and diluted earnings per share for the six months ended September 30, 2024, were 3.54 HKD cents, compared to 14.42 HKD cents for the same period last year (restated)[68] - Gross profit margin decreased by nearly 30 percentage points, contributing to the decline in profit[68] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 2,606,639,000, compared to HKD 2,590,154,000 as of March 31, 2024[10] - Total equity increased to HKD 1,290,780,000 from HKD 1,195,865,000 as of March 31, 2024[16] - The total liabilities of the group were HKD 1,366,131,000 as of September 30, 2024, down from HKD 1,448,363,000 as of March 31, 2024[32] - The group reported a significant increase in trade and other payables, rising to HKD 23,604,000 from HKD 21,383,000[12] - As of September 30, 2024, the total principal amount of receivable loans was approximately HKD 900 million, with total accrued interest of approximately HKD 41 million[74] - The annual interest rate for receivable loans ranges from 6% to 8%[74] - The group has no assets pledged as collateral as of September 30, 2024[114] Revenue Sources - The group reported external revenue of HKD 174,448,000 for the six months ended September 30, 2024, with contributions from loan financing business at HKD 29,441,000 and property development business at HKD 145,007,000[29] - Loan financing revenue was approximately HKD 29 million, down from approximately HKD 39 million in 2023, with classified profit around HKD 16 million compared to HKD 123 million in 2023[70] - The company recorded a revenue of approximately HKD 145 million for the six months ending September 30, 2024, compared to HKD 79 million in the same period of 2023, indicating a significant increase[89] Operational Highlights - The company completed the construction of several buildings in the Park No. 1 project and has begun selling residential units and retail shops[89] - The company plans to continue generating revenue and positive performance from property sales in the coming years as development projects are completed[89] - The company has established adequate loan approval and monitoring procedures, with all receivable loans assessed as having low default risk as of September 30, 2024[86] - The company has implemented appropriate operational policies and procedures to address operational risks, including establishing a robust corporate governance structure[86] Financial Adjustments and Commitments - The company has capital commitments of approximately HKD 283.09 million related to development properties as of September 30, 2024[66] - The group’s capital commitments were approximately HKD 283 million as of September 30, 2024, slightly up from HKD 282 million on March 31, 2024[113] - The company has adjusted its share capital from HKD 105 million to HKD 200 million and consolidated its shares on August 22, 2023[91] - The company has made adjustments to its stock option plan in line with the share consolidation effective August 22, 2023[92] Employee and Governance - The total employee cost for the six months ended September 30, 2024, was approximately HKD 5 million, consistent with the previous year[115] - The group has a total of 50 full-time employees as of September 30, 2024, an increase from 49 employees on March 31, 2024[115] - The company has complied with the corporate governance code, ensuring a clear division of responsibilities between the chairman and the CEO[120] Market and Regulatory Environment - The company is subject to significant regulatory changes in the loan financing business, which may require substantial operational adjustments[84] - The group maintains a cautious treasury policy to manage cash and financial resources effectively[109] - The group has not engaged in any derivative financial instruments or hedging tools to mitigate foreign exchange risks[108] Shareholder and Stakeholder Relations - The company expressed gratitude to customers, suppliers, and shareholders for their continued support[123] - The board of directors acknowledged the valuable contributions made during the review period[123] - The chairman highlighted the efforts of the group employees in providing dedicated service[123]

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 對 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的任何損失承擔任何責 任。 DINGYI GROUP INVESTMENT LIMITED 鼎億集團投資有限公司 （於百慕達註冊成立之有限公司） （股份代號：508） 盈利警告 本 公 佈 乃 由 鼎 億 集 團 投 資 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱 為「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 內 幕 消 息 條 文（定 義 見 上 市 規 則）而 作 出。 本 公 司 董 事 會（「董事會」）謹 此 通 知 本 公 司 股 東（「股 東」）及 有 意 投 資 者，根 據 對 本 集 團 未 經 審 核 管 理 賬 目 所 作 之 初 步 審 閱 及 董 事 會 目 前 可 得 資 料，儘 管 與 截 至 二 零 二 ...

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，概不對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。 鼎億集團投資有限公司 執行董事兼行政總裁 蘇曉濃 香港，二零二四年十一月十四日 於本公告日期，董事會包括執行董事蘇曉濃先生（行政總裁）及曾山先生；非執 行董事岳鷹先生（主席）；及獨立非執行董事周肇基先生、曹貺予先生及葉志威 先生。 董事會會議召開日期 鼎億集團投資有限公司（「本公司」）董事會（「董事會」）謹此公佈，本公司 訂於二零二四年十一月二十七日（星期三）舉行董事會會議，藉以（其中包括） 批准本公司及其附屬公司截至二零二四年九月三十日止六個月之未經審核中期 業績公告，及考慮派付中期股息（如有）。 承董事會命 ...

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 對 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的任何損失承擔任何責 任。 鼎 億 集 團 投 資 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 公 佈，本 公 司 及 其 附 屬 公 司（統 稱「本集團」）截 至 二 零 二 四 年 三 月 三 十 一 日 止 年 度 之 經 審 核 合 併 業 績 連 同 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 的 比 較 數 字： – 2 – 於二零二四年三月三十一日 1. 一般資料 除 另 有 指 明 外，合 併 財 務 報 表 以 港 幣 千 元（「港幣千元」）呈 列，與 本 公 司 之 功 能 貨 幣 相 同。 除 於 中 華 人 民 共 和 國（「中 國」）成 立 及 功 能 貨 幣 為 人 民 幣（「人民幣」）之 該 等 附 屬 公 司 外， 其 附 屬 公 司 之 功 能 貨 幣 為 港 幣（「港 幣」）。 合 併 財 務 ...

Financial Performance - Revenue for the six months ended September 30, 2023, was HK$117,777,000, a decrease of 88.06% compared to HK$984,784,000 for the same period in 2022[12]. - Gross profit for the same period was HK$55,362,000, down 66.66% from HK$165,655,000 in 2022[12]. - Profit before tax increased to HK$121,230,000, representing a 62.66% increase from HK$74,512,000 in the previous year[12]. - Profit for the period attributable to the owners of the Company was HK$106,067,000, up 189.36% from HK$36,582,000 in 2022[12]. - Basic and diluted earnings per share rose to 14.42 HK cents, compared to 5.00 HK cents in the same period last year[12]. - Total comprehensive expenses for the period amounted to HK$29,791,000, a significant reduction from HK$282,022,000 in 2022[14]. - The company reported a profit for the period of HK$106,067,000 for the six months ended September 30, 2023, compared to a loss in the previous period[21]. Financial Position - As of September 30, 2023, total assets less current liabilities amounted to HK$1,226,940,000, a decrease of 2.4% from HK$1,257,320,000 as of March 31, 2023[19]. - The net current assets were HK$1,158,032,000, slightly down from HK$1,184,457,000, indicating a decrease of 2.2%[19]. - The company’s total equity as of September 30, 2023, was HK$1,226,940,000, down from HK$1,256,731,000, representing a decrease of 2.4%[19]. - The company’s inventories remained stable at HK$7,250,000, unchanged from the previous period[19]. - The completed properties held for sale decreased to HK$283,807,000 from HK$347,952,000, a decline of 18.5%[19]. - The company’s financial assets at fair value through profit or loss decreased to HK$12,941,000 from HK$14,695,000, a drop of 11.9%[19]. Cash Flow and Liquidity - Cash and cash equivalents at the end of the period increased to HK$209,455,000 from HK$93,508,000, reflecting a significant improvement in liquidity[24]. - Net cash generated from operating activities was HK$368,794,000, a turnaround from a cash outflow of HK$42,322,000 in the same period last year[24]. Costs and Expenses - Finance costs decreased significantly to HK$3,047,000 from HK$53,028,000, reflecting improved financial management[12]. - Selling and distribution costs increased slightly to HK$4,690,000 from HK$3,714,000, indicating a focus on maintaining market presence despite revenue decline[12]. - Current income tax expenses decreased to HK$15,163,000 in 2023 from HK$37,628,000 in 2022, a reduction of 59.7%[82]. - Total finance costs decreased to HK$3,047,000 in 2023 from HK$53,028,000 in 2022, a decline of 94.2%[77]. Loan Financing and Receivables - As of September 30, 2023, the company's loan receivables amounted to HK$845,566,000, a decrease from HK$1,837,964,000 as of March 31, 2023, reflecting a reduction of approximately 54%[99]. - The allowance for impairment on loan and interest receivables increased to HK$80,612,000 as of September 30, 2023, compared to HK$165,437,000 as of March 31, 2023, indicating a decrease of about 51%[99]. - The ageing analysis shows that as of September 30, 2023, all loan and interest receivables are overdue by 181 days to 365 days, totaling HK$784,758,000, compared to HK$1,803,871,000 as of March 31, 2023[102]. - The interest rates on loans and interest receivables are fixed between 6% to 15% per annum, down from 8% to 15% per annum as of March 31, 2023[100]. Segment Performance - The Group's external revenue for the six months ended September 30, 2023, was HK$117,777,000, with loan financing contributing HK$79,260,000 and properties development contributing HK$38,517,000[47]. - The Group reported a segment profit of HK$125,123,000 for the same period, with a loss of HK$931,000 from financial assets at fair value through profit or loss (FVTPL)[47]. - The Group recorded a revenue of approximately HK$39 million from loan financing for the period, down from approximately HK$74 million in 2022, with a segment profit of approximately HK$123 million compared to approximately HK$70 million in the previous year[148]. Share Capital and Convertible Bonds - The company completed a share consolidation on August 22, 2023, consolidating every ten shares of HK$0.01 into one share of HK$0.10, resulting in a new issued share capital of HK$73,568,000[109]. - The authorized share capital increased from HK$105,000,000 to HK$200,000,000 following the share consolidation[111]. - The company issued convertible bonds with a total principal value of HK$279,500,000 and HK$630,000,000, both with a 7% coupon rate, maturing in three years from the date of issue[112]. Risk Management and Governance - The company has implemented measures to prevent and detect potential employee fraud, including dual investigation and due diligence processes[185]. - The company has established a performance-based compensation scheme for staff and provided professional training, particularly for those involved in assessment and approval processes[185]. - The company has maintained adequate corporate governance structures to mitigate risks associated with loan approvals[185].

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，概不對因本公佈 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 DINGYI GROUP INVESTMENT LIMITED 鼎 億 集 團 投 資 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：508） 未 經 審 核 中 期 業 績 公 佈 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 中期業績 鼎億集團投資有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年九月三十日止六個月之未經審 核簡明合併中期業績，連同二零二二年同期之比較數字如下： 簡明合併損益表 截至二零二三年九月三十日止六個月 截至九月三十日止六個月 二零二三年 二零二二年 附註 港幣千元 港幣千元 （未經審核） （未經審核） ...

Financial Performance - Total revenue for 2023 reached HK$1,217 million, a significant increase from HK$155 million in 2022, representing a growth of 684%[4] - Revenue from Mainland China was HK$1,216,564, compared to HK$154,679 in 2022, indicating a growth of 687%[4] - The Group's revenue from continuing operations for the year amounted to approximately HK$1,217 million, an increase of HK$1,062 million compared to the previous year[30] - The profit attributable to the Company's owners was approximately HK$5 million, a turnaround from a loss of approximately HK$101 million in 2022[30] - Basic earnings per share improved to HK$0.06 in 2023 from a loss of HK$1.38 in 2022[6] - Revenue from property development increased to approximately HK$1,076 million for the year ended March 31, 2023, compared to approximately HK$7 million in 2022, with a segment profit of approximately HK$75 million[78] - Gross profit rose by approximately HK$81 million, or 52.8%, from approximately HK$153 million in 2022 to approximately HK$234 million in 2023, while the gross profit margin decreased from approximately 98.8% to approximately 19.2%[110] Assets and Liabilities - Total assets decreased to HK$3,945 million in 2023 from HK$4,416 million in 2022, a decline of 10.65%[6] - Total liabilities decreased to HK$2,688 million in 2023 from HK$2,942 million in 2022, a reduction of 8.61%[6] - Total equity decreased to HK$1,257 million in 2023 from HK$1,475 million in 2022, a decline of 14.77%[6] - As of March 31, 2023, the total debt to equity ratio was 1.00, up from 0.61 in 2022, and the net debt to equity ratio was 0.84, compared to 0.51 in 2022[127] - As of March 31, 2023, guarantees given to banks for mortgage facilities amounted to approximately HK$11,394,000, compared to nil in the previous year[81] Loan Financing - The Group recorded a revenue of approximately HK$141 million from the loan financing segment, down from approximately HK$148 million in 2022[33] - The Group reported a segment profit of approximately HK$195 million from loan financing, an increase from approximately HK$88 million in 2022[33] - As of 31 March 2023, the aggregate gross principal amount of loan receivables was approximately HK$1,837,964,000, with gross interest receivables of approximately HK$131,344,000[42] - The interest rates of the loan receivables ranged from 8% to 15% per annum[42] - The loan financing business has not obtained any bank loans or financing from third parties since its inception[46] - The loan financing business operates under a two-tier structure, with a Loan Approval Committee and a Loan Financing Management Team[48] - A series of credit risk assessment procedures, including identity checks and financial position assessments, are performed before loan approval[60] - The company conducts quarterly reviews of loan repayment status and updates information obtained during credit assessments as necessary[61] - In case of loan repayment defaults, the company communicates with borrowers to understand the reasons and may consider loan rescheduling or legal action[62] - The credit policy is regularly reviewed and revised to adapt to changes in market conditions and regulatory requirements[63] - The loan financing business has implemented operational policies to manage risks arising from inadequate internal controls and regulatory changes[67] - The loan financing business has implemented adequate loan approval and assessment procedures, with all loan receivables assessed as low risk of default as of March 31, 2023[70] - The Group has not identified any loan receivables as credit impaired or written off during the year ended March 31, 2023[74] - The Group's impairment ratio is considered insignificant due to the implementation of strict policies in its loan financing business[74] Investment Opportunities - The Company is exploring investment opportunities in resources, energy projects, property development, financial technology, pharmaceuticals, and the ocean industry[15] - The Group plans to explore more investment opportunities in new energy, finance, ocean industry, and property development[25] - The Group plans to explore potential investment opportunities in resources, energy projects, properties development, financial technology, pharmaceuticals, and the ocean industry to enhance shareholder value[102] Corporate Governance - The Company has complied with all code provisions of the Corporate Governance Code during the year ended 31 March 2023, except for certain disclosed deviations[168] - The Board held 4 regular meetings during the year ended 31 March 2023, with individual attendance records available for review[188] - The Board comprises a balanced composition of executive and independent non-executive Directors, ensuring independent decision-making for the best interest of the Company[180] - The Company has mechanisms in place to ensure independent views and input are available to the Board, including access to external professional advice[183] - The Chief Executive Officer and management fully support the Board in discharging its responsibilities[177] - Appropriate insurance cover for Directors' liabilities has been arranged to protect against legal actions arising from corporate activities[174] - The Company will review the composition of the Board regularly to ensure it possesses the necessary expertise and skills for business development[180] - Independent non-executive Directors are encouraged to take an active role in Board meetings to enhance governance[188] - The Company has received written annual confirmation of independence from each independent non-executive Director, affirming their independence[182] - The Board will strive to meet the notice requirement of at least 14 days for regular meetings in the future[188] Management and Leadership - Mr. Su Xiaonong has been the Chief Executive Officer throughout the year and was appointed as the Acting Chairman on December 30, 2022[198] - The roles of the Acting Chairman and Chief Executive Officer are held by Mr. Su Xiaonong to ensure strong leadership and effective decision-making[198] - The company plans to diversify its long-term business activities to create additional income streams[198] - The company emphasizes the importance of independent non-executive Directors taking an active role in board meetings[190] - The management team is committed to maximizing investment value through collaboration with high-growth potential enterprises[13] - The management team is committed to leveraging their extensive backgrounds to drive the company's growth and strategic initiatives[156] Risk Management - The Group adopts conservative treasury policies, centralizing treasury activities to minimize funding costs and risks[134] - The Group does not engage in derivative financial instruments or hedging, believing that foreign exchange exposure is limited due to stable currency rates[131] - The Group's liquidity and financing requirements are frequently reviewed to maintain an appropriate level of gearing[134] - The Group's cash and bank balances increased from approximately HK$152 million in the previous year to approximately HK$206 million this year[126] Employee and Operational Efficiency - The Company has established a performance-based compensation scheme for staff to enhance operational efficiency[69] - The Group has adopted measures to prevent and detect potential employee fraud, including dual investigation and due diligence processes[69] - The company encourages continuous professional development for Directors through training and seminars, with records indicating participation in various training sessions[194]

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，概不對因本公佈 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 DINGYI GROUP INVESTMENT LIMITED 鼎 億 集 團 投 資 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：508） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 年 度 業 績 公 佈 業績 鼎億集團投資有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈，本公司 及其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度之經審核 合併業績連同截至二零二二年三月三十一日止年度的比較數字： ...

Financial Performance - Revenue for the six months ended September 30, 2022, was HK$984,784,000, a significant increase from HK$77,918,000 in the same period of 2021, representing a growth of 1,263%[12] - Gross profit for the same period was HK$165,655,000, compared to HK$77,331,000 in 2021, indicating an increase of 114%[12] - Profit attributable to the owners of the Company for the period was HK$36,582,000, a turnaround from a loss of HK$62,675,000 in the previous year[12] - Basic and diluted earnings per share improved to HK$0.50 from a loss of HK$0.85 in the prior year[12] - The company reported a profit for the period of HK$36,582,000 for the six months ended September 30, 2022, compared to a loss of HK$62,675,000 in the same period of the previous year[23] - The Group's revenue increased from approximately HK$78 million for the six months ended 30 September 2021 to approximately HK$985 million for the same period in 2022, representing a growth of about 1,192%[144] - Profit attributable to the Company's owners was approximately HK$37 million for the six months ended 30 September 2022, compared to a loss of approximately HK$63 million in the previous year, marking a turnaround of approximately HK$100 million[144] - Basic and diluted earnings per share amounted to HK$0.50 for the six months ended 30 September 2022, compared with a loss per share of HK$0.85 for the same period last year[145] Expenses and Costs - Total comprehensive expenses for the period amounted to HK$282,022,000, compared to HK$39,338,000 in 2021, primarily due to foreign exchange differences[16] - Finance costs decreased to HK$53,028,000 from HK$70,501,000, reflecting a reduction of approximately 25%[12] - Selling and distribution costs were reduced to HK$3,714,000 from HK$6,408,000, showing a decrease of about 42%[12] - The provision for impairment of loan and interest receivables was HK$2,862,000, down from HK$26,064,000 in the previous year, indicating improved asset quality[12] - Current income tax expenses for the six months ended 30 September 2022 amounted to HK$37,628, a significant increase from HK$11,445 in 2021, representing a 228% rise[8] - The total income tax expenses for the same period were HK$37,930, compared to HK$11,395 in 2021, indicating a 233% increase year-over-year[8] Assets and Liabilities - As of September 30, 2022, total assets amounted to HK$3,627,117,000, a decrease from HK$4,326,792,000 as of March 31, 2022, representing a decline of approximately 16.1%[18] - Current liabilities increased significantly to HK$2,518,500,000 from HK$2,936,965,000, indicating a reduction of about 14.2%[21] - The total equity of the company as of September 30, 2022, was HK$1,192,573,000, down from HK$1,474,595,000, a decrease of approximately 19.2%[21] - Cash and cash equivalents decreased to HK$93,508,000 from HK$152,120,000, reflecting a decline of about 38.5%[18] - The amount due to a related company decreased significantly to HK$7,241,000 from HK$41,091,000, a reduction of approximately 82.4%[21] - Total liabilities decreased from HK$2,941,587,000 as of March 31, 2022, to HK$2,533,442,000 as of September 30, 2022[61] - As of September 30, 2022, trade payables increased significantly to HK$443,352,000 from HK$5,854,000 as of March 31, 2022[112] - Contract liabilities decreased to HK$624,837,000 from HK$1,522,042,000 during the same period[112] Segment Information - The Group reported three operating segments: securities trading, loan financing, and property development, focusing on resource allocation and performance assessment[48] - External revenue for the trading business was HK$73,797,000, while loan financing business generated HK$910,978,000, and properties development business contributed HK$984,784,000, totaling HK$1,669,559,000 in revenue[51] - The segment profit for the loan financing business was HK$69,750,000, while the properties development business reported a profit of HK$81,321,000[51] - The Group recorded a revenue of approximately HK$911 million from properties development during the period, up from approximately HK$3 million in the previous year, with a segment profit of approximately HK$81 million compared to a segment loss of approximately HK$8 million[156] - The Group's loan financing segment recorded a revenue of approximately HK$74 million, slightly down from approximately HK$75 million in the previous year, but segment profit increased to approximately HK$70 million from approximately HK$49 million[148] Shareholder Information - The total number of issued and fully paid ordinary shares as of September 30, 2022, was 7,356,783,000, with a share capital of HK$73,568,000[115] - Mr. Li Kwong Yuk holds a total of 4,520,685,405 shares, representing approximately 61.45% of the company's issued shares[194] - The company declared no interim dividend for the six months ended September 30, 2022, compared to no dividend declared in the previous year[192] - The interests of substantial shareholders are recorded under Section 336 of the Securities and Futures Ordinance[198] - The company’s securities interests are governed by the Model Code for Securities Transactions by Directors of Listed Issuers[193] Future Outlook - The Company continues to explore market expansion opportunities and new product development strategies to sustain growth[10] - The Group anticipates further revenue and positive results from properties development in the following years upon completion of properties under development and sales of completed properties[156] - The Group expects future performance of listed securities investments to be volatile, significantly affected by overall economic conditions and market sentiment[146] - The Group will continue to explore potential investment opportunities in resources, energy projects, financial technology, pharmaceuticals, and the ocean industry to enhance shareholder value[159]

Financial Performance - Total revenue for 2022 was HK$155 million, a decrease of 31.4% from HK$226 million in 2021[7] - Revenue from Mainland China was HK$154.68 million in 2022, down 30.9% from HK$224.03 million in 2021[4] - The company reported a loss attributable to owners of HK$101 million in 2022, compared to a profit of HK$43 million in 2021[7] - Basic and diluted loss per share was HK$1.38 in 2022, compared to earnings of HK$0.58 in 2021[7] - The Group's revenue from continuing operations for the year amounted to approximately HK$155 million, a decrease of HK$71 million compared to the previous year[31] - The loss attributable to the Company's owners was approximately HK$101 million, a turnaround from a profit of approximately HK$43 million in the previous year[31] - The decrease in revenue was mainly due to the decline in the properties development business and the non-recurrence of a one-off gain of approximately HK$69 million from convertible bonds modification recognized in the previous year[31] - The Group recorded a revenue of approximately HK$148 million from loan financing, down from approximately HK$171 million in the previous year[35] - Revenue from loan financing was approximately HK$148 million, a decrease from approximately HK$171 million in the previous year, resulting in a reported profit of approximately HK$88 million[38] - Revenue from property development decreased to approximately HK$7 million, down from approximately HK$55 million, leading to a segment loss of approximately HK$15 million compared to a profit of approximately HK$11 million in the previous year[41] Assets and Liabilities - Total assets increased to HK$4,416 million in 2022, up from HK$3,956 million in 2021, representing a growth of 11.6%[7] - Total liabilities rose to HK$2,942 million in 2022, an increase of 18.5% from HK$2,482 million in 2021[7] - Total equity remained stable at HK$1,475 million in 2022, slightly up from HK$1,474 million in 2021[7] - As of March 31, 2022, the total number of issued shares was 7,356,783,015, with a share capital of HK$73,567,830[45] - The Company has outstanding convertible bonds totaling HK$980 million, with a conversion price of HK$0.80 per share, which could result in the issuance of 1,225,000,000 shares[45] - The total debt to equity ratio improved to 0.61 in 2022 from 1.04 in 2021, while the net debt to equity ratio decreased to 0.51 from 0.83[83] - As of March 31, 2022, the Group's bank borrowing was approximately Nil, while promissory notes and convertible bonds amounted to HK$6 million and HK$893 million respectively[84] Investment Opportunities - The company is exploring investment opportunities in resources, energy projects, property development, financial technology, pharmaceuticals, and the ocean industry[15] - The management team is focused on maximizing investment value through collaboration with high-growth potential enterprises[13] - The Group expects future performance of listed securities investments to be volatile, significantly affected by economic conditions and investor sentiment[34] - The Group is optimistic about the revenue and profit potential from the property development industry in the PRC in the future[19] - The Group will continue to explore investment opportunities in new energy, finance, ocean industry, and property development[25] Operational Efficiency and Cost Management - The Group recorded an allowance for impairment of loan and interest receivables of approximately HK$60 million, compared to a reversal of approximately HK$20 million in the previous year[35] - The Group plans to further develop its loan financing segment to earn higher interest income[38] - The Group's performance in the future will be influenced by the overall economic environment, market conditions, and the performance of invested companies[37] - Gross profit decreased by approximately HK$55 million, or 26.5%, from approximately HK$208 million in 2021 to approximately HK$153 million in 2022, while the gross profit margin increased from approximately 92.2% to approximately 98.8%[68] - Selling and distribution costs decreased to approximately HK$11 million in 2022 from approximately HK$14 million in 2021, attributed to reduced marketing expenses[70] - General and administrative expenses decreased to approximately HK$43 million in 2022 from approximately HK$45 million in 2021, due to cost-saving measures[70] Corporate Governance - The board of directors emphasized the importance of corporate governance, stating compliance with all relevant codes and regulations during the reporting period[124] - The Company has adopted the Model Code for Securities Transactions by Directors and confirmed compliance by all Directors for the year ended March 31, 2022[125] - The Board held 4 regular meetings during the year ended March 31, 2022, with individual attendance records available in the report[143] - The Board is responsible for corporate governance duties as per code provision D.3.1 of the CG Code[133] - The Company has arranged appropriate insurance cover for Directors' liabilities arising from corporate activities[135] - The Board comprises Executive Directors and Independent Non-executive Directors, ensuring a balanced composition for objective decision-making[138] - All independent non-executive Directors have provided written annual confirmation of their independence[140] - The Company will regularly review the composition of the Board to ensure it meets the business development needs[138] - The Company aims to ensure that all Board appointments are based on meritocracy while considering diversity[182] Future Projections - The company provided guidance for the next fiscal year, projecting revenue growth of 25% and aiming to reach $625 million[118] - New product launches are expected to contribute an additional $50 million in revenue, with a focus on innovative technology solutions[122] - The Company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years[118] - The Company has set a revenue guidance of HKD 1.5 billion for the upcoming fiscal year, indicating an expected growth of 25%[151] - New product launches are anticipated to contribute an additional HKD 300 million in revenue, with a focus on enhancing user engagement and retention[151] - The Company is considering strategic acquisitions to enhance its product portfolio and market presence, with a budget of up to HKD 500 million allocated for potential deals[151]