承董事會命 吳家欣 公司秘書 香港，二零二五年八月一日 截至本公佈日期，本公司董事會包括以下董事： 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份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。 PLAYMATES HOLDINGS LIMITED 彩星集團有限公司* ( 於百慕達註冊成立之有限公司 ) (股份代號：635) 董事會召開日期 彩星集團有限公司(「本公司」)之董事會(「董事會」)謹此宣佈，本公司將於二零 二五年八月十五日(星期五)下午十二時三十分於香港九龍尖沙咀廣東道 100 號彩星 集團大廈 11 樓舉行董事會會議，藉以(其中包括)通過本公司及其附屬公司截至二 零二五年六月三十日止六個月之中期業績公佈及其刊發，以及考慮派發中期股息 (如有)。 陳光輝先生( 主席 )、陳凱倫小姐( 執行董事 )、陳光強先生( 執行董事 )、李嘉士先生 ( 非執行董事 )、羅啟耀先生( 獨立非執行董事 )、柯清輝博士 ( 獨立非執行董事 ) 及詹 德慈先生( 獨立非執行董事 ) * 僅供識別 ...

(1)收入减少，由于：(i)因不能如去年般受惠于2024年3月上映"哥斯拉 X 金刚：新帝国"电影所带 动，"哥斯拉 X 金刚"的产品付运量按预期回落；及(ii)"忍者龟"品牌并无大型娱乐活动推动，致使"忍者 龟"产品系列需求放缓；(2)为配合即将推出的新产品，产品开发、模具及媒体制作费用有所增加；及(3) 该期间彩星玩具集团库务投资的上市证券出现未变现及已变现净亏损约港币670万元，相对于2024年的 未变现及已变现净溢利为港币1290万元。 相关事件 彩星集团(00635.HK)盈警：预计首季度收入约港币1.23亿元 彩星集团(00635.HK)：2024年股东应占亏损 3.82亿港元 格隆汇5月7日丨彩星集团(00635.HK)发布公告，集团截至2025年3月31日止三个月("该期间")的未经审核 收入约港币1.23亿元，相对于2024年同期的收入为港币2.61亿元；集团该期间未经审核除物业重估及除 所得税前溢利约港币1400万元，相对于2024年同期为港币9100万元。 公告表示，下跌原因主要由于公司的主要附属公司—彩星玩具集团的表现。彩星玩具集团截至该期间的 未经审核收入约港币8500万元，相对于2 ...

Financial Performance - For the fiscal year ending December 31, 2024, Playmates Holdings reported a global revenue of HKD 1.0922 billion, a decrease of 14.1% compared to HKD 1.2716 billion in 2023[10] - The operating profit before property revaluation loss was HKD 203 million, down from HKD 324.7 million in the previous year, representing a decline of 37.5%[10] - The group recorded a property revaluation loss of HKD 539.9 million, compared to a loss of HKD 184.1 million in 2023[10] - The net loss attributable to shareholders was HKD 382.3 million, contrasting with a profit of HKD 10.3 million in 2023, resulting in a basic loss per share of HKD 0.1848[10] - The net asset value per share as of December 31, 2024, was HKD 2.71, down from HKD 2.93 in 2023[10] - Global revenue for the toy segment was HKD 931 million, a decrease of 16% from HKD 1.119 billion in the previous year[15] - Gross profit margin for toy sales decreased to 54% from 57% in the previous year, attributed to higher discounts and a shift towards lower-margin products[15] - Operating profit for the toy segment was HKD 94 million, down from HKD 210 million in the previous year[16] - Net profit for the toy segment was HKD 132 million, compared to HKD 224 million in the previous year[16] Property Investment and Management - The property investment and management segment achieved a revenue of HKD 157.4 million, an increase of 1.3% from HKD 155.3 million in 2023[11] - Total rental income from investment properties was HKD 136 million, an increase of 1.8% compared to HKD 133.6 million in the previous year[12] - Overall occupancy rate decreased to 60.3% from 74% in the previous year[12] - The fair value of the group's investment properties was HKD 4.4 billion, down from HKD 4.9 billion in 2023[11] Future Outlook - The company anticipates challenges in 2025 due to the lack of benefits from the "Godzilla x Kong: New Empire" movie, which was expected to drive consumer interest[7] - A new "Power Rangers" product line is set to launch in summer 2025, which is expected to positively contribute to the business in the second half of the year[7] - The company expects the economic growth in Hong Kong to be stimulated by potential interest rate cuts, which may benefit future performance[8] Investment Portfolio - The investment portfolio's fair market value was HKD 109.1 million, an increase from HKD 95.3 million in the previous year, representing 1.8% of total assets[21] - The group recorded a net investment income of HKD 31.5 million in 2024, compared to HKD 12.9 million in 2023, representing a significant increase[22] - Dividend and interest income from the investment portfolio amounted to HKD 59.4 million in 2024, up from HKD 43.7 million in 2023, indicating a growth of approximately 36%[22] Corporate Governance - The audit committee consists of four non-executive directors, ensuring effective oversight of the company's audit and internal controls[86] - The company has adopted the corporate governance code and complies with all applicable provisions, except for the separation of roles between the chairman and CEO[90] - The board consists of three executive directors and four non-executive directors, with three being independent non-executive directors, exceeding the requirement of one-third independence[98] - All independent non-executive directors confirmed their independence according to the listing rules, ensuring effective corporate governance[95] - The company has established a clear remuneration policy for non-executive directors, ensuring no performance-related equity compensation is granted to independent non-executive directors[110] Risk Management - The company has established a risk management and internal control system to identify current risks and implement necessary measures to mitigate them[34] - The board is responsible for maintaining a robust risk management and internal control system to protect shareholder interests and company assets[119] - The risk management framework is integrated into daily business activities, including business planning and internal controls[120] - The board conducted an annual review of the risk management and internal control systems, finding them effective and sufficient without identifying significant issues affecting financial, operational, compliance, and risk management functions[122] Environmental, Social, and Governance (ESG) - The environmental, social, and governance (ESG) report outlines the company's performance and measures in these areas for the year ending December 31, 2024[133] - The company is committed to continuous improvement in its environmental, social, and governance performance based on stakeholder feedback[141] - The company has established a corporate social responsibility policy focusing on four pillars: business, employees, community, and environment[137] - The company is actively monitoring climate-related risks and has developed a business continuity plan to mitigate impacts from climate-related disasters[177] Employee Management - The total number of employees at the end of the reporting period was 83[161] - The overall employee turnover rate for 2024 was 15.66%, with male turnover at 19.05% and female turnover at 12.20%[163] - Employee training hours totaled 357, with an average of 4.30 hours per employee, and 59.04% of employees receiving training[170] - The company emphasizes a healthy and safe work environment, with no known violations of safety regulations during the reporting period[164] Shareholder Communication - The company emphasizes the importance of effective communication with shareholders and has a shareholder communication policy that is reviewed annually[127] - The company provides monthly updates on business performance and outlook to all directors, supporting their decision-making responsibilities[100]

Financial Performance - The company's revenue for the year ended December 31, 2024, was USD 140.03 million, a decrease of 10.5% compared to USD 156.00 million in 2023[2] - Gross profit for the same period was USD 82.75 million, down 25.5% from USD 111.00 million in 2023[2] - The company reported a net loss of USD 40.71 million for the year, compared to a profit of USD 120.38 million in 2023, representing a significant decline[3] - Basic and diluted loss per share was USD 2.37, compared to earnings of USD 0.50 per share in the previous year[3] - Total revenue for the year ended December 31, 2024, was HKD 1,092,218,000, a decrease of 14.1% from HKD 1,271,590,000 in 2023[11] - Revenue from toy sales was HKD 931,334,000 in 2024, down 16.1% from HKD 1,109,399,000 in 2023[11] - The property investment and management segment reported a loss before tax of HKD 436,776,000 in 2024, compared to a loss of HKD 92,876,000 in 2023[16][18] - Net income before tax for 2024 was a loss of HKD 382,276,000, compared to a profit of HKD 10,340,000 in 2023[36] Assets and Liabilities - Total assets decreased to USD 589.66 million from USD 634.84 million in 2023, reflecting a decline of approximately 7.1%[4] - Current liabilities decreased to USD 55.02 million from USD 65.41 million in 2023, a reduction of about 15.9%[4] - Total assets as of December 31, 2024, were HKD 6,067,926,000, a decrease from HKD 6,777,605,000 in 2023[20][22] - The total liabilities as of December 31, 2024, were HKD 472,562,000, down from HKD 711,518,000 in 2023[20][22] - The company's asset-to-liability ratio was 2.9% as of December 31, 2024, down from 3.4% in 2023, while the current ratio improved to 3.4 from 2.5[61] Cash and Investments - The company's cash and bank deposits increased slightly to USD 141.40 million from USD 141.00 million in 2023[4] - The company's cash and bank deposits stood at HKD 1,102.89 million as of December 31, 2024, slightly up from HKD 1,094.93 million in 2023[63] - The company recorded net investment income of HKD 31.5 million in 2024, up from HKD 12.9 million in 2023, with dividend and interest income from the investment portfolio amounting to HKD 59.4 million[58] - As of December 31, 2024, the fair value of the investment portfolio was HKD 101.9 million, an increase from HKD 95.3 million in 2023, representing 1.8% of total assets[57] Revenue Sources - Revenue from the Americas, specifically the US, was HKD 653,368,000, down 14.7% from HKD 765,746,000 in 2023[25] - Major customers contributed approximately HKD 283,011,000 and HKD 215,710,000 to total revenue, representing a decrease from HKD 292,271,000 and HKD 262,184,000 in 2023[26] - The global revenue for the toy segment was HKD 931 million, a decrease of 16% from HKD 1.109 billion in 2023, primarily due to lower sales of the "Teenage Mutant Ninja Turtles" toy series[48] Dividends and Shareholder Value - The company declared an interim dividend of HKD 93,060,000 for 2024, consistent with the previous year's HKD 93,150,000[32] - The board declared an interim dividend of HKD 0.015 per share and a special interim dividend of HKD 0.015 per share, payable on April 24, 2025[67] - The company repurchased 2 million shares at prices ranging from HKD 0.56 to HKD 0.57 per share during the year, with the repurchased shares being cancelled to enhance shareholder value[64] Future Outlook and Strategy - The company plans to continue focusing on the development and marketing of new toy products to drive future growth[14] - The company anticipates challenges in 2025 due to the absence of major entertainment events supporting the "Teenage Mutant Ninja Turtles" or "Godzilla x Kong" product lines, while a new "Power Rangers" product line is expected to provide some support in the second half of the year[51] - The company signed a global licensing agreement with Hasbro to produce and distribute "Power Rangers" toys, with the new product line set to ship in summer 2024[54] Operational Metrics - The overall occupancy rate as of December 31, 2024, was 60.3%, down from 74% in 2023[42] - Trade receivables decreased to HKD 138,475,000 in 2024 from HKD 330,521,000 in 2023, indicating a reduction in outstanding customer payments[37] - Trade payables also decreased to HKD 23,274,000 in 2024 from HKD 91,390,000 in 2023, reflecting improved cash management[38] - The gross margin for toy sales decreased to 54% from 57% in 2023, attributed to higher discounts and a shift towards lower-margin products[48] - Research and development expenses increased slightly to HKD 31,535,000 in 2024 from HKD 30,803,000 in 2023, indicating continued investment in innovation[29]

2024 中期報告 目錄 概覽 2 物業投資及管理 2 彩星玩具 4 組合投資 6 簡明綜合財務資料 簡明綜合收益表 7 簡明綜合全面收益表 8 簡明綜合財務狀況表 9 簡明綜合現金流量表 11 簡明綜合權益變動表 13 簡明綜合財務資料附註 15 按上市規則所需提供之資料 35 公司資料 44 管理層討論及分析 本報告內所用之商標及版權如下： Godzilla x Kong © 2024之版權屬於傳奇影業，版權所有，不得翻印。©2024之版權屬於TOHO CO., LTD，版權所有，不 得翻印。• Paramount © 2024 之版權屬於ViacomCBS Digital， 版權所有，不得翻印。• Power Rangers，版權所有，不 得翻印。TM & ©2024之版權屬於屬於SCG Power Rangers LLC 及 Hasbro。 • Nickelodeon © 2024 之版權屬於VIACOM INTERNATIONAL INC.，版權所有，不得翻印。NICKELODEON 之相關標題及標誌皆為VIACOM INTERNATIONAL INC.之商標。 • 忍者龜 © 2024 之版權屬於 ...

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份內容而產 生或因倚賴該等內容而引致之任何損失承擔任何責任。 PLAYMATES HOLDINGS LIMITED 彩星集團有限公司* （於百慕達註冊成立之有限公司） （股份代號：635） 截至二零二四年六月三十日止六個月 之中期業績公佈 管理層討論及分析 概覽 | --- | --- | --- | |-------------------------------|------------------------|-----------------------| | \n截至六月三十日止六個月 | 二零二四年 \n港幣千元 | 二零二三年 \n港幣千元 | | 集團收入 | 526,666 | 427,006 | | —玩具業務 | 445,141 | 347,231 | | —物業投資及管理業務 | 79,339 | 76,792 | | —投資業務 | 2,186 | 2,983 | | 毛利 | 324,137 | 259,934 | | 投資物業重估淨（ ...

Corporate Governance - The board of directors consists of three executive directors and four non-executive directors, with three being independent non-executive directors[4]. - The audit committee held two meetings during the fiscal year to review the company's financial performance and internal control systems[16]. - All directors participated in continuous professional development programs to enhance their knowledge and skills[9]. - The remuneration committee provides advice on the overall remuneration policy and structure for the board and senior management[17]. - The audit committee reviewed the company's accounting standards and practices, as well as the independence of external auditors[16]. - The board held four meetings during the year, with all directors attending at least 75% of the meetings[12]. - The company has established a three-year service contract for all directors, subject to re-election at the annual general meeting[8]. - The board ensures timely handling of all important matters and provides sufficient information for informed decision-making[12]. - The company emphasizes the importance of independent professional advice for directors to fulfill their responsibilities[9]. - The board continuously reviews and improves corporate governance practices to ensure proper regulation of business activities and decision-making processes[31]. - The audit committee consists of four non-executive directors, with Mr. Lo Kai Yiu serving as the chairman[171]. - The board has reviewed the implementation of the board diversity policy to ensure compliance with regulatory requirements[195]. - The company has adopted the standard code for securities transactions by directors, confirming compliance throughout the year[199]. - The board is responsible for maintaining a comprehensive risk management and internal control system[200]. - The board is committed to implementing an effective and sound risk management and internal control system to protect shareholder interests and company assets[200]. Financial Performance - The overall revenue and operating profit before property revaluation increased by 77% and 60% respectively compared to 2022[38]. - For the fiscal year ending December 31, 2023, the company's global revenue was HKD 1.2716 billion, an increase of 76.7% compared to HKD 719.6 million in 2022[42]. - The operating profit, excluding investment property revaluation losses, was HKD 324.7 million, up from HKD 206 million in 2022[42]. - The company recorded an operating profit of HKD 210 million in 2023, compared to HKD 34.5 million in 2022[83]. - Net profit for 2023 was HKD 224 million, a significant increase from HKD 9.7 million in 2022[83]. - The company recorded a net investment income of HKD 12.9 million in 2023, a recovery from a net loss of HKD 45.9 million in 2022[65]. - Dividend and interest income from the investment portfolio amounted to HKD 43.7 million in 2023, up from HKD 17 million in 2022[65]. - The fair value of the company's investment properties was HKD 4.9 billion, down from HKD 5.1 billion in 2022[56]. - The fair value of the investment portfolio as of December 31, 2023, was HKD 95.3 million, down from HKD 132.2 million in 2022, representing 1.4% of total assets[86]. - The group's cash and bank deposits as of December 31, 2023, were HKD 1,094,933,000, compared to HKD 1,083,324,000 in 2022, with HKD 1,000,777,000 held in USD[144]. - The company's available reserves for distribution as of December 31, 2023, amounted to HKD 1,513,787,000, compared to HKD 1,504,050,000 in 2022[141]. Market Performance - The largest market, the US toy market, experienced an 8% decline in both overall sales volume and revenue compared to the previous year[38]. - The company faced challenges in the operating environment due to slow recovery in cross-border travel between mainland China and Hong Kong, alongside significant interest rate increases affecting retail and real estate sectors[38]. - The global revenue for the toy segment reached HKD 1.109 billion, a significant increase of 120% from HKD 540 million in the previous year, driven by the successful re-launch of the "Teenage Mutant Ninja Turtles" toy line[61]. - The United States remains the largest market for the toy segment, accounting for 69% of total revenue, while Europe contributes 20%, other regions in the Americas 6%, and the Asia-Pacific region 5%[61]. - The company anticipates challenges and opportunities in the coming year, with new content for the "Teenage Mutant Ninja Turtles" franchise expected to drive sales in 2024[62]. - The "Godzilla x Kong" series has shown positive initial retail responses, with expectations for further growth following the global release of "Godzilla x Kong: The New Empire" in March 2024[62]. Investment and Property Management - Total rental income from investment properties was HKD 133.6 million, a decrease of 29.5% from HKD 189.6 million in the previous year, primarily due to a significant lease renewal at lower market rates[43]. - The overall occupancy rate improved to 74% as of December 31, 2023, compared to 63% in 2022[43]. - The company anticipates stable rental income from investment properties in 2024 despite a challenging market environment in Hong Kong[39]. - The property management segment reported revenue of HKD 21.7 million, an increase of 2.4% compared to HKD 21.2 million in the previous year[61]. - The long-term outlook for the property investment in Tsim Sha Tsui is positive, with expectations for continued demand in Hong Kong's premium shopping areas following the full reopening with mainland China[58]. Remuneration and Share Options - The remuneration committee held two meetings during the year to determine the remuneration policy for directors and assess the performance of executive directors and senior management[27]. - The company emphasizes fair remuneration to attract and retain high-quality and experienced directors, considering various factors including financial performance and market conditions[28]. - Independent non-executive directors are not granted equity-based performance-related remuneration, such as stock options or share grants[30]. - The maximum number of shares that can be issued under the share incentive plan is capped at 10% of the total shares issued as of the adoption date, which is 118,000,000 shares, representing 9.99% of the total shares issued as of the report date[149]. - No share awards were granted under the share incentive plan since its adoption, and there were no unvested awards at the beginning or end of the year[134]. - The company has not adopted any share option schemes during the year[154]. - The total number of ordinary shares issued by the company as of the report date is 40,296,000, representing 3.41% of the issued share capital[155]. - The total number of share options granted under the 2018 Share Option Scheme is 57,784,000[160]. - The highest-paid five individuals in the company hold a total of 5,600,000 share options at an exercise price of HKD 0.826[182]. - The company has a total of 40,296,000 unexercised share options available for issuance under the 2018 share option plan as of December 31, 2023[184]. Compliance and Risk Management - The company is committed to compliance with applicable laws and regulations, ensuring product safety and minimizing financial and reputational risks[116]. - The company has implemented internal controls to protect critical data, including customer and financial information, to mitigate risks associated with data fraud or theft[78]. - The group maintains a sufficient level of cash for ongoing operations and future growth[144]. - The group reported a total of 77 employees in Hong Kong, the US, and the UK, unchanged from 2022[109]. - The company has maintained sufficient public float as required by listing rules throughout the year[192].

Financial Performance - The group's revenue for the six months ended June 30, 2023, was HKD 427,006,000, an increase of 12.7% compared to HKD 378,717,000 in the same period of 2022[5]. - The toy business generated revenue of HKD 347,231,000, up 30% from HKD 267,462,000 year-on-year, primarily driven by the global release of the "Teenage Mutant Ninja Turtles: Mutant Mayhem" movie[13]. - The group's operating profit for the first half of 2023 was HKD 120,219,000, a significant recovery from an operating loss of HKD 3,214,000 in the same period of 2022[5]. - Net profit attributable to the company's owners was HKD 96,291,000, compared to a net loss of HKD 58,222,000 in the previous year[5]. - The group’s total comprehensive income for the six months ended June 30, 2023, was HKD 139.9 million, compared to a loss of HKD 91.8 million in the same period of 2022[36]. - The group reported a pre-tax profit of HKD 144,531,000, compared to a loss of HKD 58,222,000 in the same period last year[119]. - The company reported a net loss before tax of HKD 49,869,000, compared to a loss of HKD 39,767,000 in the previous year[97]. Investment Properties - The group's investment properties' fair value was appraised at HKD 5.1 billion, with a revaluation surplus of HKD 4,123,000 recognized in the consolidated income statement[19]. - The property investment and related business revenue decreased by 30% to HKD 76,792,000, down from HKD 109,704,000 in the same period last year[19]. - Total rental income from investment properties was HKD 65.9 million, a decrease of 33.5% compared to HKD 99.2 million in the same period last year[44]. - The fair value of the group's investment portfolio was HKD 1.194 billion as of June 30, 2023, down from HKD 1.322 billion as of December 31, 2022[33]. - The fair value of investment properties as of June 30, 2023, is HKD 5,105,766,000, reflecting a slight increase from HKD 5,096,744,000 at the end of 2022[139]. - The company remains optimistic about the long-term prospects of its property investment and related businesses, while closely monitoring global economic risks[23]. Cash Flow and Dividends - For the six months ended June 30, 2023, the company reported a cash generated from operations of HKD 45,127,000, a decrease from HKD 160,026,000 in the same period last year[85]. - The company paid dividends to equity holders amounting to HKD 62,143,000, slightly down from HKD 62,400,000 in the previous year[87]. - The interim dividend declared was HKD 31,050,000, consistent with the previous year's HKD 31,200,000[126]. - The company reported a net cash generated from investment activities was HKD 38,858,000, compared to a net cash outflow of HKD 25,783,000 in the same period last year[85]. Shareholder Information - As of June 30, 2023, major shareholders included Chen Junhao with 1,345,400,000 shares (65.00%) and TGC Assets Limited with 1,073,400,000 shares (51.86%) of the company[64]. - The company repurchased 3,340,000 shares at prices ranging from HKD 0.58 to HKD 0.63 per share during the period[66]. - As of June 30, 2023, the company had 41,116,000 shares available for issuance under the 2018 Playmates Toys Plan, with 57,784,000 share options available at the beginning of the period[61]. - The company has not granted, exercised, or cancelled any share options during the reporting period[60]. Corporate Governance - The company has complied with the corporate governance code principles and has adhered to all applicable code provisions during the reporting period[68]. - The board of directors oversees the management, business, strategy, and financial performance of the group, with daily operations handled by executive directors[63]. - The company will continue to review and monitor its corporate governance practices to ensure compliance with the corporate governance code[63]. - The company confirmed compliance with the standards set forth in the code of conduct during the period ending June 30, 2023[195]. Market Performance - The "Miraculous: Tales of Ladybug & Cat Noir" series continues to perform well globally, airing in over 120 countries, with the fifth season released on Disney platforms in 2023[15]. - Revenue from external customers in the Americas reached HKD 240,952,000, significantly up from HKD 182,168,000 in the previous year, marking a growth of 32.3%[104]. - The company plans to expand its market presence in the Americas and Europe, focusing on increasing sales in these regions[104]. Operational Metrics - The overall occupancy rate of the investment properties increased to approximately 69% as of June 30, 2023, up from 63% as of December 31, 2022[44]. - Operating expenses increased by 20% year-on-year, reflecting higher variable costs, particularly distribution expenses[45]. - The company is focusing on expanding its property investment and related services to enhance rental income and long-term property value[79]. - The company is actively involved in the design, development, marketing, and distribution of toys and family entertainment products, indicating a strategic focus on this segment[80].

1 本集團的商業物業投資包括位於香港九龍尖沙咀廣東道 100 號的彩星集團大廈。 長遠而言，我們預期廣東道仍為香港高級購物區之一。隨著香港與中國內地於 二零二三年二月全面通關，零售及商業活動已受惠於旅遊業復甦，並提高附近 地區對商業物業的需求。 本集團的主要住宅物業投資包括香港半山麥當勞道半山樓內的單位。半山樓單 位的內部裝修及翻新工程已自二零二一年起相繼動工。長遠而言，我們預期工 程能提升半山樓的價值。 本集團委任第一太平戴維斯物業管理有限公司（「第一太平戴維斯」）管理彩星集團 大廈及彩星工業大廈。第一太平戴維斯提供完善之物業管理服務，包括處理維修及保 養、大廈保安、公共地方之一般清潔、物業交收以及監察復修及翻新工程。 本集團仍然對物業投資及相關業務長遠前景保持樂觀，並將適當地平衡投資物業組合，以達致 資本增值及經常性收入增長的策略性目標。同時，我們將密切注視不穩之環球經濟和市況所帶 來的風險和不確定因素。 彩星玩具 「忍者龜」 由 Paramount Animation 發行並由 Seth Rogen 的 Point Grey Pictures 製作之 Paramount Pictures 動畫 電影—「 ...

Corporate Governance - The company maintains sufficient public float as required by the listing rules throughout the year[19]. - The company has implemented various corporate policies to ensure ethical and responsible behavior, including a business conduct code and anti-corruption policy[22]. - The company’s board of directors is committed to maintaining independence and integrity in governance practices[25]. - The company has a structured approach to providing monthly performance updates to all directors[28]. - The company’s governance policies and practices are regularly reviewed to ensure compliance with legal and regulatory requirements[38]. - The board consists of seven members, with three being independent non-executive directors, exceeding the requirement of at least one-third independence as per listing rules[52]. - The board aims to maintain a minimum of 14.3% female representation over the next five years, with currently one female director out of seven[36]. - The company maintains a gender ratio of 45:55 among employees as of December 31, 2022, and aims to continue this balance[37]. - The audit committee reviewed the annual report and accounts for the year ending December 31, 2022, and recommended approval to the board[60]. - The remuneration committee held one meeting this year to determine the remuneration policy for directors and assess the performance of executive directors and senior management[33]. - The nomination committee is tasked with reviewing the board's composition and identifying suitable candidates for board membership[35]. - The company has committed to ongoing professional development for all directors to enhance their knowledge and skills[55]. - The company secretary has undergone annual professional training to stay updated on regulatory changes and corporate governance practices[66]. - The company has adopted the standard code for securities transactions by directors, confirming compliance for the year ending December 31, 2022[65]. Risk Management and Compliance - The board is responsible for maintaining a comprehensive risk management and internal control system to protect shareholder interests and company assets[40]. - The internal control system is evaluated based on the COSO framework, focusing on risk management and compliance with applicable laws and regulations[67]. - The board meets quarterly to review risk assessment frameworks and discuss environmental, social, and governance risks[80]. - The board has conducted an annual review of the risk management and internal control systems, finding them effective and sufficient without identifying significant issues affecting financial, operational, compliance, and risk management functions[97]. - The company has adopted an anti-corruption policy to prevent and report any suspected corruption and related illegal activities, enhancing awareness among directors and employees[98]. - The company has established strict guidelines to ensure employees act with integrity in their dealings[86]. - The company has not been aware of any significant violations of anti-bribery laws or related regulations during the reporting period[90]. - The company has implemented a whistleblowing policy to provide channels for reporting serious misconduct or illegal activities, with the audit committee overseeing its implementation[43]. Environmental, Social, and Governance (ESG) Initiatives - The company has identified 27 significant environmental, social, and governance issues through an online survey involving key stakeholders[83]. - The company aims to build long-term trust with stakeholders through its ESG initiatives and reporting[104]. - The company reported a significant focus on climate-related risks, identifying physical risks and disaster recovery plans as key environmental, social, and governance risks during the reporting period[173]. - The company has implemented a business contingency plan to address identified climate-related risks, aiming to reduce operational and supply chain impacts from climate-related events[173]. - The group aims to reduce carbon emission intensity by 20% before 2027[142]. - The group plans to increase waste recycling rates by 5% annually[142]. - The company is committed to addressing greenhouse gas emissions, with specific calculations based on established protocols for direct and indirect emissions[175]. Financial Performance - The company reported a total comprehensive loss of HKD 240,514,000 for the year ended December 31, 2022, compared to a loss of HKD 208,000,000 in the previous year[169]. - The company had a total equity of HKD 6,059,899,000 as of December 31, 2022, down from HKD 6,410,385,000 at the beginning of the year[169]. - The company recognized a foreign exchange loss of HKD 27,735,000 from overseas subsidiaries during the reporting period[169]. - The company paid a total of HKD 31,183,000 in interim dividends for the first half of 2022[169]. - The company’s accumulated losses amounted to HKD 47,986,000 as of December 31, 2022[169]. - The company’s total assets decreased to HKD 6,059,899,000 from HKD 6,410,385,000 at the beginning of the year[169]. - The company’s total liabilities were HKD 485,039,000 as of December 31, 2022[169]. - The company’s loss attributable to owners for the year was HKD 212,779,000[169]. - For the year ended December 31, 2022, the company reported revenue of $92.26 million, a decrease from $860.76 million in 2021, representing a decline of approximately 89.3%[193]. - The gross profit for the year was $56.16 million, down from $523.88 million in the previous year, indicating a decrease of about 89.3%[193]. - The company incurred a total annual loss of $26.67 million, compared to a loss of $26.59 million in 2021, reflecting a slight increase in losses[193]. - Basic and diluted loss per share for the year was $1.31, compared to $2.36 in the previous year, showing a worsening in per-share performance[193]. - Operating loss for the year was $16.36 million, compared to an operating profit of $13.83 million in 2021, indicating a significant operational downturn[193]. - The company reported a net loss before tax of $22.68 million, compared to a loss of $4.78 million in the previous year, highlighting a substantial increase in pre-tax losses[193]. - Marketing and licensing expenses were $12.49 million, down from $137.65 million in 2021, showing a reduction of approximately 90.9%[193]. - The company recognized other income of $3.75 million, compared to no other income reported in the previous year[193]. - The net revaluation loss on investment properties was $42.34 million, compared to a loss of $204.13 million in 2021, indicating an improvement in property valuations[193]. - The total comprehensive loss for the year was $3.46 million, compared to a total comprehensive loss of $26.59 million in 2021, reflecting a reduction in overall losses[198]. Operational Efficiency - The company has established strict supplier evaluation and management procedures to ensure operational efficiency and maintain product and service quality[116]. - The company is focused on the design, research and development, marketing, and distribution of toys and family entertainment products as its main revenue source[153]. - The company has implemented measures to ensure compliance with the Children's Online Privacy Protection Act regarding the collection of information from children[118]. - The company has no issues obtaining water sources in 2022, indicating stable operational conditions[175]. - The company has no gas consumption in 2022 due to the sale of the restaurant business, indicating a shift in operational focus[175].