Financial Performance - The loss for the year ended June 30, 2019, attributable to shareholders was approximately HK$154.9 million, compared to HK$156.8 million in 2018, with a basic loss per share of approximately 0.99 HK cents[10]. - The net loss for the year was approximately HK$168.9 million, compared to a net loss of approximately HK$157.5 million in 2018, with a loss attributable to owners of the Company of approximately HK$154.9 million[13]. - Basic loss per share was approximately 0.99 HK cent, a decrease from approximately 2.72 HK cents in 2018[13]. - The increase in net loss was mainly due to the absence of a gain on the change in fair value of financial liabilities at fair value through profit or loss, amounting to approximately HK$131.2 million[10]. - Impairment loss on loans receivable increased by approximately HK$124.7 million during the year[10]. Business Segment Performance - The hotel hospitality business recorded a turnover of approximately HK$33.2 million for the year, down from HK$37.4 million in 2018, resulting in a segment loss of approximately HK$6.8 million[10]. - The money lending services business turnover was approximately HK$22.3 million, an increase from HK$10.9 million in 2018, but recorded a segment loss of approximately HK$106.5 million due to increased impairment losses[10]. - The liquor and wine business turnover was approximately HK$0.9 million, down from HK$3.9 million in 2018, with a segment loss of approximately HK$3.1 million compared to a profit of approximately HK$12.3 million in the previous year[11]. - The turnover for the new energy business for the year ended June 30, 2019, was approximately HK$6.4 million, a decrease from approximately HK$7.7 million in 2018, while the segment loss improved to approximately HK$29.9 million from approximately HK$146.2 million in 2018[19]. Strategic Outlook - The Group is optimistic about the potential growth in tourism in Japan driven by the Tokyo Olympics 2020, which is expected to generate satisfactory income in the future[10]. - The management is optimistic about the potential growth in the hotel and resort industry in Japan, driven by the Tokyo Olympics 2020[13]. - The Group plans to further expand the scale of the money lending business with more cautious credit assessment[17]. - The Group will continue to explore more sales opportunities to improve the revenue stream of the liquor and wine business[11]. Corporate Governance - The Company has complied with the Corporate Governance Code except for deviation from code provision A.4.1, which requires non-executive directors to be appointed for a specific term[80]. - The Board consists of seven Directors, including three executive Directors and three independent non-executive Directors[81]. - The Company has adopted the full set of Model Code for Securities Transactions by Directors, confirming compliance by all directors during the year[80]. - The Board is responsible for overseeing the Group's businesses and strategic decisions, ensuring effective leadership and control[81]. Risk Management - The Company engaged a professional advisory firm for internal control review to ensure effective risk management and internal control systems[134]. - The Audit Committee was satisfied with the ongoing process for identifying and managing significant risks faced by the Group[134]. - The risk management process includes periodic risk identification and analysis, assessing consequences and likelihood, and developing mitigation plans[128]. - Ongoing and periodic monitoring of risks is performed to ensure effective management and reporting[133]. Environmental Responsibility - The Group is committed to reducing carbon emissions and protecting the environment through various operational strategies[200]. - The Group actively promotes pollution prevention and waste reduction initiatives, focusing on recycling and sustainable practices[200]. - The Group has implemented environmental management based on local requirements and standards to mitigate environmental impacts[200]. - Regular communication with stakeholders, including shareholders and employees, is maintained to address ESG concerns[194]. Shareholder Relations - The Company emphasizes effective communication with shareholders to enhance investor relations and understanding of its business[123]. - Shareholders holding at least one-tenth of the paid-up capital can requisition a Special General Meeting if the Board does not convene one within 21 days[121]. - Shareholders representing at least one-twentieth of total voting rights can propose resolutions at general meetings, requiring a written requisition and a statement of no more than 1,000 words[121]. Employee Management - The remuneration policy for senior employees is based on merit, qualifications, and market statistics, with a share option scheme adopted as an incentive[169]. - The management regularly reviews employee remuneration packages to ensure competitiveness in the market[172]. - The company is committed to providing continuing professional development for directors to keep them updated on statutory and regulatory developments[103].

Financial Performance - For the six months ended December 31, 2018, the Group reported a turnover of HK$31,311,000, a decrease from HK$47,920,000 in the same period of 2017, representing a decline of approximately 34.8%[8] - The gross profit for the period was HK$20,238,000, compared to HK$29,401,000 in the previous year, indicating a decrease of about 31.2%[8] - The loss for the period attributable to owners of the Company was HK$51,981,000, compared to a loss of HK$57,363,000 in the same period of 2017, showing an improvement of approximately 9.5%[9] - Total comprehensive income for the period was HK$10,115,000, an increase from HK$7,688,000 in the previous year, reflecting a growth of about 31.5%[9] - The basic loss per share from continuing operations was HK(0.34) cent, compared to HK(1.36) cents in the same period of 2017, indicating a reduction in loss per share[14] - The total comprehensive income attributable to owners of the Company was HK$44,941,000, compared to HK$57,889,000 in the previous year, indicating a decrease of approximately 22.4%[9] - The total loss before taxation for the group was HK$64,239,000, which includes unallocated corporate income and expenses of HK$19,737,000[110] - The loss before taxation amounted to HK$58,471,000, with significant impairment losses on goodwill totaling HK$124,820,000[114] - For the six months ended December 31, 2018, the loss attributable to owners of the Company was HK$53,896,000, compared to a loss of HK$71,331,000 for the same period in 2017[161] Assets and Liabilities - Total non-current assets decreased from HK$662,930,000 as of June 30, 2018, to HK$648,435,000 as of December 31, 2018, representing a decline of approximately 2.3%[17] - Current assets decreased from HK$746,777,000 as of June 30, 2018, to HK$727,877,000 as of December 31, 2018, a reduction of about 2.5%[17] - Net current assets decreased from HK$685,654,000 to HK$631,220,000, indicating a decline of approximately 7.9%[21] - Total assets less current liabilities decreased from HK$1,348,584,000 to HK$1,279,655,000, a decrease of about 5.1%[21] - Total equity attributable to owners of the Company decreased from HK$1,139,104,000 to HK$1,076,012,000, reflecting a decline of approximately 5.5%[21] - Total current liabilities increased from HK$61,123,000 to HK$96,657,000, representing an increase of approximately 58.2%[17] - The company reported a total of HK$9,802,000 in assets of a disposal group held for sale as of December 31, 2018[17] - The company’s cash and bank balances decreased from HK$421,680,000 to HK$372,522,000, a decline of approximately 11.6%[17] Cash Flow - The net cash used in operating activities for the six months ended December 31, 2018, was HK$84,016,000, compared to HK$45,245,000 for the same period in 2017[34] - Net cash generated from investing activities was HK$28,400,000, while net cash used in financing activities was HK$630,000, indicating a significant decrease in cash flow from financing compared to HK$73,784,000 in the previous year[34] - Cash and cash equivalents at the end of the period were HK$372,543,000, a decrease from HK$421,712,000 at the beginning of the period[34] - The company reported a decrease in cash and cash equivalents of HK$54,986,000 for the period, compared to a decrease of HK$72,065,000 in the previous year[34] Impairment and Losses - The impairment loss on loans receivable was HK$29,401,000, highlighting challenges in asset recovery during the reporting period[8] - The impairment loss recognized for the six months ended December 31, 2018, was HK$29,401,000, significantly higher than HK$2,441,000 for the same period in 2017, reflecting an increase of over 1,100%[189] - The impairment loss recognized for the New Energy Business CGU for the six months ended December 31, 2018, was HK$6,569,000, a significant decrease from HK$124,820,000 for the same period in 2017[169] Revenue Segments - Total revenue for the six months ended December 31, 2018, was HK$31,311,000, with segment revenues from hotel hospitality, money lending, new energy, liquor and wine, and investments in funds[110] - The new energy business segment generated revenue of HK$4,122,000 but incurred a loss of HK$17,352,000 during the same period[110] - The hotel hospitality business reported a revenue of HK$15,026,000, while the money lending services segment generated HK$11,625,000[110] - Total segment revenue for the hotel hospitality business was HK$16,180,000, while the money lending services generated HK$5,212,000, and the new energy business contributed HK$4,210,000, leading to a total revenue of HK$26,801,000[114] Accounting Standards - The unaudited condensed consolidated interim financial statements were prepared in accordance with Hong Kong Accounting Standards, ensuring compliance with applicable disclosure requirements[37] - The Group adopted new/revised Hong Kong Financial Reporting Standards (HKFRSs) effective from July 1, 2018, including HKFRS 9 and HKFRS 15, which have no material impact on the Group's financial statements[38] - The adoption of HKFRS 15 relates to revenue recognition from contracts with customers, clarifying the revenue recognition process[38] - The Group's financial statements continue to comply with the relevant HKFRSs, ensuring transparency and accuracy in financial reporting[39] - The Group's business model assessment for financial assets was made as of July 1, 2018, and applied retrospectively[49] Shareholder Information - The weighted average number of ordinary shares for calculating basic loss per share increased to 15,695,532,000 shares in 2018 from 5,231,844,000 shares in 2017[161] - No interim dividend was recommended for the six months ended December 31, 2018, consistent with the previous year[158] Miscellaneous - The company issued 700,000,000 consideration shares for the acquisition of 85% of Delta Prestige Holdings Limited, with a profit guarantee of not less than HK$100,000,000 for the year ending June 30, 2016[198] - If the profit target is not met, the vendor will compensate the company in cash, calculated based on the difference between the profit target and the audited net profit[198]