於開曼群島註冊成立之有限公司 Incorporated in the Cayman Islands with Limited Liability 何貴清（審核委員會主席） 戴麟 黃錦輝 薪酬委員會 何貴清（薪酬委員會主席） 陳伯中 戴麟 董事名單與其角色和職能 利記控股有限公司董事會及其審核委員會、薪酬委員會及提名委員會之成員自二零二五年 三月二十七日起如下列載： 執行董事 陳伯中（董事會主席） 陳婉珊（副主席兼行政總裁） 陳稼晉 陳佩珊 獨立非執行董事 何貴清 戴麟 黃錦輝 審核委員會 提名委員會 陳伯中（提名委員會主席） 陳婉珊 何貴清 戴麟 黃錦輝 香港，二零二五年三月二十七日 引領金屬發展 共創增值方案 We Create Value Solutions Beyond Metals 香港新界大埔工業邨大發街 16 號 16 Dai Fat Street, Tai Po Industrial Estate, N.T., Hong Kong T +852 2789 0282 F +852 2789 0303 admin@leekeegroup.com www.leekeegroup.com S ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 1,007,579,000, representing a 19.3% increase from HKD 844,579,000 in the same period of 2023[5] - Gross profit for the same period was HKD 39,576,000, up from HKD 36,523,000, indicating a gross margin improvement[5] - The net loss for the six months ended September 30, 2024, was HKD 17,850,000, compared to a net loss of HKD 14,713,000 in the prior year, reflecting a 21.5% increase in losses[5] - Basic and diluted loss per share for the period was HKD 2.17, compared to HKD 1.77 in the previous year[5] - Total comprehensive income for the period was a loss of HKD 16,033,000, significantly down from a profit of HKD 31,156,000 in the same period last year[32] - The company reported a net loss of HKD 17,991,000 for the six months ended September 30, 2024, compared to a net profit of HKD 54,078,000 in the previous year[32] - The company reported a pre-tax loss of HKD 16,340,000 for the six months ended September 30, 2024, compared to a loss of HKD 12,891,000 in the same period of 2023[46] - Basic loss per share was HKD 17,991,000 for the six months ended September 30, 2024, compared to HKD 14,649,000 for the same period in 2023[53] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 692,219,000, slightly up from HKD 682,557,000 as of March 31, 2024[12] - The total assets for the company as of September 30, 2024, amounted to HKD 863,025,000, with liabilities totaling HKD 66,319,000[44] - The company’s total equity as of September 30, 2024, was HKD 796,879,000, down from HKD 812,912,000 at the end of the previous period[32] - Total liabilities as of September 30, 2024, were HKD 21,817,000, a decrease from HKD 23,132,000 as of March 31, 2024, reflecting a decline of approximately 5.7%[62] - Bank borrowings increased significantly to HKD 20,021,000 as of September 30, 2024, compared to HKD 5,482,000 as of March 31, 2024, marking an increase of about 264.5%[65] Cash Flow and Capital Expenditures - Cash and cash equivalents decreased to HKD 214,875,000 from HKD 264,579,000, a decline of 18.7%[12] - Operating cash flow showed a net outflow of HKD 60,677,000, contrasting with an inflow of HKD 54,078,000 in the prior year[32] - The company incurred HKD 4,229,000 in capital expenditures for property, plant, and equipment, up from HKD 2,806,000 in the previous year[32] - Cash and cash equivalents decreased by HKD 51,040,000, ending at HKD 214,875,000 as of September 30, 2024, compared to HKD 266,758,000 at the end of the previous year[32] Inventory and Receivables - Inventory increased to HKD 200,878,000 from HKD 178,627,000, indicating a 12.4% rise in stock levels[12] - As of September 30, 2024, the inventory cost recognized as an expense amounted to HKD 968,287,000, an increase from HKD 809,092,000 for the same period last year, representing a year-over-year increase of approximately 19.6%[58] - Accounts receivable, net of loss provisions, totaled HKD 208,955,000 as of September 30, 2024, compared to HKD 188,526,000 as of March 31, 2024, reflecting an increase of about 10.8%[59] Other Income and Expenses - The company reported other income of HKD 7,124,000, an increase from HKD 5,576,000 in the previous year[5] - The company recorded other income of HKD 7,124,000, an increase from HKD 5,576,000 in the previous year[46] - Financing costs rose to HKD 500,000 from HKD 300,000 in the previous period[87] Market Segments - Revenue from the Hong Kong segment was HKD 389,934,000 with a loss of HKD 28,823,000, while the China segment generated HKD 617,645,000 with a profit of HKD 10,365,000[44] Corporate Governance and Compliance - The company did not purchase, sell, or redeem any of its shares during the interim period[120] - The company has complied with the corporate governance code as per the Stock Exchange Listing Rules[121] - No directors were reported to have violated the standard code for securities trading during the interim period[122] Strategic Initiatives - The company is focusing on expanding its market presence and enhancing product offerings to drive future growth[4] - The company is committed to responsible supply chain management and sustainable manufacturing, evidenced by certifications such as ISO 14064 and ISO 14067[89] - The company is leveraging its brand Mastercast and Jinli Alloys to meet unique market demands and has received Global Recycling Standard (GRS) certification for its Ningbo facility[90] - The company is advancing its digital strategy by utilizing Industry 4.0 systems for real-time process data analysis and incorporating AI technology to enhance simulation efficiency[91] - The group aims to enhance its product offerings through the development of advanced metal materials in collaboration with universities[97] - The group plans to leverage artificial intelligence to enhance surgical capabilities through innovative software solutions[103] - The company has been recognized for its efforts in environmental, social, and governance (ESG) initiatives, receiving the Hong Kong Green and Sustainable Contribution Award[99] - The group is focused on maintaining a prudent operational management approach in light of global economic uncertainties and geopolitical tensions[100]

Financial Performance - The company reported a revenue of HKD 1,007,579,000 for the six months ending September 30, 2024, representing a 19.3% increase from HKD 844,579,000 in the same period last year[1]. - The gross profit for the period was HKD 39,576,000, up from HKD 36,523,000, indicating an increase of 8.3%[1]. - The company incurred a loss before tax of HKD 16,340,000, compared to a loss of HKD 12,891,000 in the previous year, reflecting a deterioration in performance[2]. - The net loss attributable to equity shareholders was HKD 17,991,000, compared to HKD 14,649,000 in the prior period, marking a 22.3% increase in losses[2]. - The basic and diluted loss per share increased to HKD 2.17 from HKD 1.77, indicating a 22.6% rise in loss per share[2]. - Total comprehensive loss for the period was HKD 15,892,000, an improvement from HKD 29,578,000 in the previous year, showing a reduction in overall losses[3]. - The net financing income for the six months ended September 30, 2024, was HKD 757,000, a decrease from HKD 828,000 in the same period of 2023[16]. - The cost of goods sold for the six months ended September 30, 2024, was HKD 968,287,000, compared to HKD 809,092,000 for the same period in 2023[17]. - The group reported other income of HKD 7,124,000 for the six months ended September 30, 2024, compared to HKD 5,576,000 in the same period of 2023[15]. - The group recorded a loss attributable to equity shareholders of approximately HKD 18,000,000 for the interim period, compared to a loss of HKD 14,600,000 in the previous period, primarily due to a sluggish property market and increased general and administrative expenses[33]. Assets and Liabilities - Non-current assets decreased to HKD 170,806,000 from HKD 181,605,000, indicating a decline of 6.0%[4]. - Current assets increased to HKD 692,219,000 from HKD 682,557,000, reflecting a growth of 1.0%[5]. - The company's total equity decreased to HKD 796,706,000 from HKD 812,598,000, a decline of 1.9%[6]. - Total assets as of September 30, 2024, amounted to HKD 863,025,000, with HKD 527,183,000 from Hong Kong and HKD 335,842,000 from Mainland China[14]. - Total liabilities as of September 30, 2024, were HKD 66,319,000, with HKD 39,676,000 from Hong Kong and HKD 26,643,000 from Mainland China[14]. - The carrying value of investment properties decreased to HKD 112,300,000 from HKD 137,900,000 as of April 1, 2024[24]. - The group maintained a strong financial position with bank balances and cash on hand of HKD 214,900,000 and bank borrowings of HKD 20,000,000 as of September 30, 2024[34]. - The group's bank borrowings amounted to approximately HKD 20 million as of September 30, 2024, compared to HKD 5.48 million as of March 31, 2024[49]. - The capital debt ratio as of September 30, 2024, was 3.42%, an increase from 1.70% as of March 31, 2024[49]. - The current ratio as of September 30, 2024, was 1,480%, down from 2,144% as of March 31, 2024[49]. Operational Highlights - Sales volume increased by 14.6% to approximately 43,100 tons, up from 37,610 tons in the previous year[32]. - Employee costs, including director remuneration, were approximately HKD 32.6 million for the six months ended September 30, 2024, compared to HKD 33 million for the same period in 2023[52]. - The group employed approximately 190 employees as of September 30, 2024, an increase from 180 employees as of September 30, 2023[51]. Sustainability and Innovation - The group is committed to responsible supply chain management and sustainable manufacturing, aiming to effectively manage potential market rebounds and withstand long-term market pressures[35]. - The group has obtained Global Recycling Standard (GRS) certification for its Ningbo factory, demonstrating its commitment to sustainable manufacturing practices[36]. - The group is leveraging innovative technologies and processes, including AI, to enhance operational efficiency and improve product development[38]. - The group has established an advanced online platform to help customers better understand and utilize material properties and unique characteristics[41]. - The group received the Hong Kong Green and Sustainable Contribution Award from the Hong Kong Quality Assurance Agency during the interim period, recognizing its efforts in environmental, social, and governance (ESG) initiatives[43]. - The group aims to promote sustainable development and transparency in carbon emission data, aligning with increasing societal expectations for environmental responsibility[45]. - The group is committed to innovation and sustainable development, focusing on breaking traditional operational models and enhancing supply chain ecology[46]. - The group plans to enhance its competitive advantage by launching more data-driven and AI-assisted solutions, aiming to improve manufacturing efficiency for customers[47]. Dividend and Financial Management - The company did not recommend the payment of an interim dividend for the six months ending September 30, 2024[19]. - Financing costs rose to HKD 500,000 during the interim period, compared to HKD 300,000 in the previous period[34]. - Zinc prices during the interim period fluctuated between USD 3,092 per ton and USD 2,222 per ton, ending the period at USD 3,056 per ton[33].

Financial Performance - For the fiscal year ending March 31, 2024, the company reported total revenue of HKD 1,699,491, a decrease of 22.8% compared to HKD 2,204,673 in the previous year[22]. - The company experienced a pre-tax loss of HKD 45,806, compared to a loss of HKD 35,148 in the prior year[22]. - The net loss attributable to equity shareholders for the year was HKD 49,850, compared to a loss of HKD 44,593 in the previous year[22]. - Total revenue for the fiscal year ended March 31, 2024, was approximately HKD 1,699,000,000, a decrease of 22.9% compared to HKD 2,205,000,000 in the previous year[24]. - Total sales volume for the fiscal year was about 76,800 tons, down 4.0% from 80,000 tons in the previous year, reflecting weak demand[24]. - Gross profit for the fiscal year was HKD 67,700,000, with a gross margin of 4.0%, compared to a gross profit of HKD 77,300,000 and a gross margin of 3.5% in the previous year[24]. - The company recorded a loss attributable to equity shareholders of approximately HKD 49,700,000 for the fiscal year, compared to a loss of HKD 44,400,000 in the previous year[24]. - The company reported a total comprehensive loss of HKD 60,826, compared to a loss of HKD 41,517 in the previous year, reflecting a significant increase in losses[158]. - The company reported a net loss of HKD 49,694,000 for the year ending March 31, 2024, compared to a net loss of HKD 44,469,000 for the previous year, indicating an increase in losses of approximately 5.5%[164]. - Cash generated from operating activities decreased significantly to HKD 52,832,000 from HKD 185,545,000 in the previous year, representing a decline of approximately 71.5%[166]. Strategic Focus and Development - The company is focusing on innovation and sustainable development, establishing a strategic partnership with a university in Ningbo to create an advanced metal new materials application technology research institute[17]. - The company aims to expand its operations in mainland China and Southeast Asia, leveraging opportunities from the Belt and Road Initiative[17]. - Despite a weak recovery momentum in Q4 and a bleak economic growth outlook, the company remains cautiously optimistic about future prospects[17]. - The company is committed to enhancing its production capacity in Hong Kong to meet the growing demand for sustainable manufacturing[17]. - The company is focused on developing high-value products and exploring new metal applications to capitalize on the "Belt and Road" initiative[40]. - The company is committed to enhancing its green supply chain and disclosing carbon emission data to support clients' green transformation goals[39]. - The company has established a strategic partnership with a university to develop advanced metal materials, promoting innovation and technology advancement[33]. Governance and Compliance - The company emphasizes the importance of strict governance policies and professional integrity as the foundation for long-term success[17]. - The company emphasizes the importance of business ethics and has implemented measures to comply with the corporate governance code as per the Stock Exchange Listing Rules[60]. - The board believes that the company has complied with the corporate governance code during the fiscal year, with no known breaches[60]. - The corporate governance committee has reviewed the overall corporate governance practices, including policies and codes of conduct, to ensure compliance with the latest listing rule amendments[76]. - The board of directors has adopted the standard code of conduct for securities trading as per Appendix C3 of the listing rules, with no violations reported during the fiscal year[63]. - The company has implemented training programs to enhance employee awareness of corporate governance and compliance importance, contributing to continuous improvement[76]. - The board is composed of independent non-executive directors who have confirmed their independence, ensuring effective oversight and governance[65]. Risk Management - The company has identified significant risks including commodity price risk, currency risk, and liquidity risk, which are actively monitored and managed[88]. - The company employs a structured approach to risk management, utilizing scenario analysis and risk registers to prioritize and address potential risks[86]. - The company has established a whistleblowing policy to report any misconduct, enhancing internal control and governance[78]. - The board is responsible for overseeing the effectiveness of risk management and internal control systems, which are reviewed annually[84]. - The company is committed to continuous improvement of its risk management policies and procedures to enhance effectiveness[85]. - The audit committee and board found no significant deficiencies in internal controls during the fiscal year, affirming the robustness of the internal control system[85]. - The group has established a risk register to monitor commodity market, financial market, and economic indicators, ensuring effective risk management[90]. - Climate risk is classified as a significant risk, with management actively involved in mitigating its impact[93]. Financial Position and Assets - The company maintained a strong financial position with bank balances and cash of HKD 265,000,000 as of March 31, 2024[26]. - As of March 31, 2024, the company had cash and bank balances of approximately HKD 265 million, an increase from HKD 221 million in 2023[45]. - The company's capital debt ratio was 1.70% as of March 31, 2024, compared to 1.21% in 2023[45]. - The company’s total equity as of March 31, 2024, was HKD 812,912,000, down from HKD 873,582,000 the previous year, reflecting a decrease of approximately 7%[164]. - Total assets decreased to HKD 832,321 from HKD 894,206, indicating a reduction of 6.9%[160]. - Cash and cash equivalents increased to HKD 264,579 from HKD 221,000, showing a growth of 19.7%[160]. - Non-current assets decreased to HKD 181,605 from HKD 201,040, a decline of 9.7%[160]. Employee and Management - The company employed approximately 180 employees as of March 31, 2024, down from 190 in 2023[47]. - Employee costs, including director remuneration, were approximately HKD 64.6 million for the fiscal year, compared to HKD 67.8 million in 2023[47]. - The management team has extensive experience, with key members having over 30 years in finance, operations, and industry-specific roles[57][58]. - The management team is actively involved in strategic direction and future development, particularly in advanced manufacturing and technological innovation[51]. Environmental and Social Responsibility - The company has adopted its own environmental policy to mitigate negative operational impacts and enhance environmental awareness among employees and stakeholders[128]. - The group has been participating in the Environmental Protection Department's "Carbon Footprint Database" and "Carbon Audit - Green Organization" programs since 2015[128]. - The company produced approximately 237,240 kWh of renewable energy through a 200 kW solar power system during the fiscal year[30]. - The group has received multiple awards and certifications for its commitment to community service and environmental protection[127]. Audit and Financial Reporting - The independent auditor's report confirms that the consolidated financial statements fairly reflect the group's financial position as of March 31, 2024[139]. - The total audit fees for the fiscal year amounted to HKD 2,663,000, which includes HKD 2,120,000 for audit services and HKD 543,000 for non-audit services[80]. - The audit committee reviewed financial matters including annual and interim results, and internal controls, ensuring compliance with governance standards[78]. - The independent auditor communicates significant audit findings and any material weaknesses in internal controls to the audit committee[153]. Inventory Management - The total inventory value held by the company in Hong Kong and mainland China as of March 31, 2024, is HKD 179,000,000, including a provision of HKD 5,000,000[144]. - Inventory is valued at the lower of cost and net realizable value, with management assessing the required provision levels based on current commodity prices[144]. - The company identifies inventory valuation as a key audit matter due to the significant amount of inventory held and the management's substantial judgments involved in estimating future selling prices[144]. - The company maintains its inventory levels based on expected demand and anticipated future metal prices[144].

Financial Performance - For the fiscal year ending March 31, 2024, the company reported total revenue of HKD 1,699,491, a decrease of 22.8% from HKD 2,204,673 in the previous year[2] - The cost of sales for the same period was HKD 1,631,819, down from HKD 2,127,327, resulting in a gross profit of HKD 67,672, compared to HKD 77,346 in the prior year[2] - The company experienced an operating loss of HKD 48,063, which is an increase from the operating loss of HKD 30,507 in the previous year, indicating a deterioration in operational performance[3] - The net loss for the year was HKD 49,850, compared to a net loss of HKD 44,593 in the previous year, reflecting a 11.4% increase in losses[3] - Basic and diluted loss per share increased to HKD 6.00 from HKD 5.37, indicating a decline in shareholder value[3] - Total revenue for 2024 was HKD 1,699,491,000, a decrease of 22.8% from HKD 2,204,673,000 in 2023[21] - Operating loss before tax for the group was HKD 45,806,000 in 2024, compared to a loss of HKD 35,148,000 in 2023, reflecting a deterioration of 30.5%[23] - The basic loss per share for 2024 was HKD 6.00, compared to HKD 5.37 in 2023, indicating a 12.4% increase in loss per share[31] - The cost of inventory recognized as an expense was HKD 1,635,373,000 in 2024, down from HKD 2,128,867,000 in 2023, representing a reduction of 23.3%[36] - The group reported a total of HKD 12,075,000 in other income for 2024, a slight decrease from HKD 12,809,000 in 2023[23] - The fair value loss on investment properties was HKD 19,000,000 in 2024, compared to HKD 3,600,000 in 2023, indicating a significant increase in losses[34] - The total liabilities for the group were HKD 51,564,000 in 2024, compared to HKD 52,312,000 in 2023, showing a decrease of 1.4%[21] - The group did not recommend a final dividend for 2024, compared to a dividend of HKD 0.01 per share in 2023[29] Assets and Equity - Total assets decreased to HKD 832,321 from HKD 894,206, showing a reduction of 6.9% year-over-year[10] - The company's cash and cash equivalents increased to HKD 264,579 from HKD 221,000, representing a growth of 19.7%[10] - Non-current assets decreased to HKD 181,605 from HKD 201,040, a decline of 9.7%[10] - The company reported a total equity of HKD 812,598, down from HKD 873,424, indicating a decrease of 7% in total equity[11] - The group's assets in Hong Kong amounted to HKD 541,675,000 in 2024, slightly up from HKD 541,670,000 in 2023, while assets in mainland China decreased from HKD 384,066,000 to HKD 322,487,000[21] - Cash and cash equivalents at the end of the fiscal year totaled HKD 265,000,000, compared to HKD 221,000,000 in the previous year[47] - The group has approximately HKD 265 million in unrestricted cash and bank balances as of March 31, 2024, compared to HKD 221 million in 2023[68] Borrowings and Financing - The company’s bank borrowings increased to HKD 5,482,000, compared to HKD 2,750,000 in the previous year[42] - The average interest rate on bank borrowings rose to 6.99% in 2024 from 5.57% in 2023[43] - The financing cost for the fiscal year was HKD 400,000, significantly lower than HKD 5,900,000 in the previous year[47] - The group’s financing income/costs net amount was HKD 2,257,000 in 2024, a significant improvement from a cost of HKD 4,641,000 in 2023[24] - The capital debt ratio is 1.70% as of March 31, 2024, compared to 1.21% in 2023[68] - The current ratio stands at 2,144% as of March 31, 2024, down from 2,298% in 2023[68] Operational Focus and Strategy - The company continues to focus on trading zinc, nickel, aluminum, and related products, as well as providing metal testing and consulting services, which are key areas for future growth[13] - The company achieved a significant milestone by producing approximately 237,240 kWh of renewable energy through a 200 kW solar power system during the fiscal year[51] - The company has strategically allocated resources towards the research and development of sustainable products in response to the growing market demand[49] - The group aims to expand its influence in the Southeast Asian market, leveraging the "Belt and Road" initiative to meet the growing demand for quality metal products and technical consulting services[62] - The group is committed to building a green and sustainable supply chain, actively disclosing carbon emission data to support clients' green transformation goals[60] - The group has been awarded a sustainable development-linked loan from an international bank, reflecting its efforts in sustainability[57] Recognition and Partnerships - The group has established a strategic partnership with a university in Ningbo to develop advanced metal materials, enhancing its R&D capabilities[54] - The group received recognition as a "Technology Enterprise" from the Zhejiang Provincial Department of Science and Technology, highlighting its commitment to innovation[54] Governance and Audit - The company has adopted the standard code of conduct for directors' securities transactions as per Appendix C3 of the Listing Rules[74] - The audit committee has reviewed the full-year performance for the fiscal year[75] - KPMG has compared the preliminary announcement of the group's financial performance with the draft consolidated financial statements, and the amounts are consistent[77]

Financial Performance - Revenue for the six months ended September 30, 2023, was HKD 844,579,000, a decrease of 35.2% compared to HKD 1,304,497,000 in the same period of 2022[4] - Gross profit for the same period was HKD 36,523,000, down 30.9% from HKD 52,986,000 year-over-year[4] - The company reported a net loss of HKD 14,713,000 for the six months ended September 30, 2023, compared to a net loss of HKD 7,210,000 in the prior year, representing a 104.3% increase in losses[7] - Basic and diluted loss per share was HKD 1.77, compared to HKD 0.85 in the previous year, indicating a significant decline in earnings[4] - For the six months ended September 30, 2023, the company reported a total comprehensive loss of HKD 29,514,000, compared to a loss of HKD 36,986,000 for the same period in 2022, representing a 20% improvement[18] - The company incurred a loss of HKD 14,649,000 during the six months ended September 30, 2023, compared to a loss of HKD 7,008,000 in the previous year, indicating a worsening of 109%[18] - The group reported a pre-tax loss of HKD (12,891,000) for the six months ended September 30, 2023, compared to a loss of HKD (3,439,000) in the same period of 2022[31] - Basic loss per share for the six months ended September 30, 2023, was HKD 14,649,000, compared to a loss of HKD 7,008,000 in 2022[37] Assets and Liabilities - Total assets as of September 30, 2023, were HKD 864,568,000, a decrease from HKD 894,206,000 as of March 31, 2023[9] - The company’s total equity attributable to shareholders was HKD 844,068,000, down from HKD 873,582,000 as of March 31, 2023[12] - As of September 30, 2023, total equity stood at HKD 843,846,000, down from HKD 877,753,000 as of March 31, 2023, reflecting a decrease of approximately 4%[18] - Total assets as of September 30, 2023, were HKD 889,804,000, with liabilities of HKD 45,958,000[30] - Accounts payable decreased to HKD 11,144,000 from HKD 16,192,000, with payables within one month at HKD 1,439,000, down from HKD 5,119,000[46] - Bank borrowings remained stable at HKD 2,000,000 as of September 30, 2023, compared to HKD 2,750,000 as of March 31, 2023[47] Cash Flow and Financial Management - Cash and cash equivalents increased to HKD 266,758,000 from HKD 221,000,000, reflecting a positive cash flow trend[9] - Operating cash inflow for the six months ended September 30, 2023, was HKD 55,655,000, a decrease of 64% from HKD 156,928,000 in the previous year[20] - The net cash generated from operating activities was HKD 54,078,000, down 64% from HKD 148,569,000 in the prior year[20] - The company recorded a net cash increase of HKD 50,272,000 for the six months ended September 30, 2023, compared to HKD 112,959,000 in the same period last year, indicating a 55% decrease[20] - The company’s cash and cash equivalents at the end of the period were HKD 266,758,000, down from HKD 309,033,000 at the end of the previous year, a decrease of 14%[20] - The effective interest rate on bank borrowings increased to 6.67% as of September 30, 2023, from 5.57% as of March 31, 2023[48] - Financing costs decreased to HKD 300,000 from HKD 3.4 million in the previous period, indicating improved financial management[64] Inventory and Sales - Inventory decreased significantly to HKD 190,218,000 from HKD 279,578,000, indicating improved inventory management[9] - The cost of inventory recognized as an expense was HKD 809,092,000 for the six months ended September 30, 2023, down from HKD 1,246,076,000 in 2022[43] - Sales volume dropped by 15.9% to approximately 37,610 tons, compared to 44,730 tons in the previous year[62] Strategic Focus and Future Plans - The company plans to focus on market expansion and new product development to improve future performance[4] - The company is focusing on sustainable development strategies to enhance business resilience amid macroeconomic challenges[66] - The company is expanding its geographical coverage to meet the growing demand from local and multinational manufacturers in the ASEAN region[71] - The introduction of a new online defect diagnosis platform for die casting is expected to attract new customer segments[69] - The company is diversifying its service offerings, including professional consulting and expanded laboratory services, which have contributed to higher other income[69] - The group plans to continue investing in new production capacity and exploring opportunities in emerging industries, particularly in the medical field and other sectors[77] Governance and Shareholder Information - The board of directors does not recommend the distribution of an interim dividend for the period[78] - The company has a significant shareholder, Ms. Ma Xiaotao, holding 600,000,000 shares, representing 72.40% of the issued shares[88] - There were no purchases, sales, or redemptions of the company's shares during the interim period[90] - The company has adhered to the corporate governance code as per the Stock Exchange Listing Rules and is not aware of any violations during the interim period[91] - The company has adopted the standard code for securities transactions by directors and is not aware of any violations by directors during the interim period[92]

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文件的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本文件全部或任 何部份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。 （於開曼群島註冊成立之有限公司） （股份代號：637） 截至二零二三年九月三十日止六個月 中期業績公告 利記控股有限公司（「本公司」）董事會（「董事會」）謹此公佈本公司及其附屬公司（統 稱「利記」或「本集團」）截至二零二三年九月三十日止六個月（「中期」或「期內」）之 未經審核綜合業績，連同截至二零二二年九月三十日止六個月（「比較期間」）之比 較數字如下： 綜合損益表 截至二零二三年九月三十日止六個月－未經審核 截至九月三十日止六個月 附註 二零二三年 二零二二年 千港元 千港元 收益 4 844,579 1,304,497 銷售成本 (808,056) (1,251,511) 毛利 36,523 52,986 ...

Financial Performance - The company's revenue for the fiscal year ending March 31, 2023, was approximately HKD 2,205 million, a decrease of 14.0% compared to HKD 2,550 million for the previous year[22]. - The sales volume for the fiscal year was about 80,000 tons, down 17.4% from 96,790 tons in the previous year[23]. - The company recorded a loss attributable to equity shareholders of approximately HKD 44.4 million, compared to a profit of HKD 18.7 million in the previous year[23]. - Gross profit for the fiscal year was approximately HKD 77.3 million, with a gross margin of 3.5%, down from HKD 146 million and 5.7% in the previous year[23]. - The total assets as of March 31, 2023, were HKD 925.7 million, down from HKD 1,117.2 million in the previous year[22]. - The company maintained a strong financial position with cash and bank balances of HKD 221 million as of March 31, 2023[26]. - The company reported a total comprehensive loss of HKD 41,517 for the year, compared to a comprehensive income of HKD 29,579 in the previous year[150]. - The company incurred a loss of HKD 44,469,000 for the year, compared to a profit of HKD 18,657,000 in the previous year[156]. - The total equity attributable to equity shareholders decreased from HKD 923,263,000 in 2022 to HKD 873,582,000 in 2023, a decline of about 5.4%[156]. Operational Developments - The company implemented a new industrialization process in Hong Kong, enabling real-time data collection and exchange, improving production efficiency while saving energy[16]. - Automation was introduced in the casting production line at Ningbo, enhancing product stability and quality while ensuring employee safety[16]. - The launch of a new e-commerce platform by the company's subsidiary expanded customer channels and addressed local demand for water quality testing[17]. - The company is investing in a new production line in Hong Kong, expected to commence production in the third quarter of the current year[22]. - The group expanded its office in Thailand in 2022 to meet the growing demand for quality alloys and technical consulting services in Southeast Asia[29]. - The group launched a series of special alloys targeting key industrial sectors across Asia, optimizing its product mix to meet high-growth industry demands[31]. Sustainability and Environmental Initiatives - The company is assisting clients in advancing green production and integrating into future green supply chains, contributing to carbon footprint reduction[17]. - The company received several sustainability awards, including the "Environmental, Social and Governance Excellence Award" from the Hong Kong Listed Companies Association[17]. - The company plans to offer metal remelting services to help clients reduce their carbon footprint[17]. - The group generated 260,279 kWh of renewable energy from its 200 kW solar panels during the fiscal year[33]. - The group aims to reduce its environmental footprint through sustainable manufacturing initiatives, including the use of renewable energy and energy-efficient equipment[40]. - The company has adopted its own environmental policy aimed at minimizing negative operational impacts and enhancing environmental awareness among stakeholders[121]. - The company participates in the Environmental Protection Department's "Carbon Footprint Database" and "Carbon Audit - Green Organization" programs since 2015[121]. Governance and Management - The company has implemented specific measures to comply with the corporate governance code as per the Stock Exchange Listing Rules during the fiscal year[61]. - The board of directors is responsible for providing corporate leadership and ensuring long-term value for shareholders[63]. - The company has adopted the standard code for securities transactions by directors, with no reported violations during the fiscal year[62]. - The company has established a remuneration committee responsible for reviewing compensation terms and determining bonuses, consisting of three members, two of whom are independent non-executive directors[68]. - The nomination committee has reviewed the company's diversity policy and measurable targets, ensuring a balance of skills, experience, and diverse perspectives within the board[70]. - The company has adopted a compliance policy to handle potential insider information and public trading announcements, enhancing corporate governance awareness among employees[73]. Risk Management - Major risks identified include commodity price risk, currency risk, volume risk, credit risk, liquidity risk, cyber risk, and climate risk[82]. - The company employs stress testing to analyze commodity price and volume risks, acknowledging that these measures do not provide absolute guarantees[84]. - A dedicated team monitors currency, credit, and liquidity risks, utilizing hedging strategies to lock in favorable rates[85]. - The company has established a risk register to systematically prioritize and manage identified risks[86]. - The audit committee and board have confidence in the effectiveness of the risk management system, with no immediate concerns affecting financial and operational performance[86]. Employee and Community Engagement - Employee costs, including directors' remuneration, were approximately HKD 67.8 million for the year, up from HKD 66.5 million in 2022[47]. - The group employed approximately 190 employees as of March 31, 2023, an increase from 180 employees in 2022[47]. - Charitable and other donations made by the group during the year amounted to approximately HKD 71,000[101]. - The company emphasizes the importance of employee safety and has established a safety committee to ensure workplace safety[122]. - The company has received multiple awards and certifications for its commitment to community service and environmental protection[120]. Financial Reporting and Compliance - The financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards and the relevant accounting principles, ensuring compliance with the Hong Kong Stock Exchange listing rules[161]. - The group did not apply any new standards or interpretations that are not yet effective for the current accounting period, indicating stability in accounting practices[164]. - The audit report confirms that the consolidated financial statements fairly reflect the group's financial position as of March 31, 2023, in accordance with Hong Kong Financial Reporting Standards[132]. - The company has identified key audit matters and communicated them to the audit committee, ensuring transparency in the audit process[145].

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文件的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本文件 全部或任何部份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。 （於開曼群島註冊成立之有限公司） （股份代號：637） 截至二零二三年三月三十一日止年度 全年業績公告 利記控股有限公司（「本公司」）董事會（「董事會」）謹此公佈本公司及其附屬公 司（統稱「利記」或「本集團」）截至二零二三年三月三十一日止年度（「財政年度」 或「本年度」）之綜合業績，連同截至二零二二年三月三十一日止年度（「比較期 間」）之比較數字如下： 二零二三年 二零二二年 附註 千港元 千港元 收益 4 2,204,673 2,549,769 銷售成本 (2,127,327) (2,404,126) 毛利 77,346 145,643 其他收入 12,809 7,338 分銷及銷售開支 (27,394) (29,752) ...

Financial Performance - Revenue for the six months ended September 30, 2022, was HKD 1,304,497,000, an increase of 4.9% compared to HKD 1,243,843,000 in the same period of 2021[5] - The company reported a gross profit of HKD 52,986,000, down from HKD 64,401,000, resulting in a gross margin of approximately 4.1%[5] - Operating loss for the period was HKD 351,000, a significant decline from an operating profit of HKD 12,945,000 in the previous year[5] - The net loss attributable to equity shareholders was HKD 7,008,000, compared to a profit of HKD 8,041,000 in the same period last year[5] - Total comprehensive loss for the period amounted to HKD 37,188,000, compared to a total comprehensive income of HKD 13,903,000 in the prior year[9] - The company reported a net loss of HKD 7,008,000 for the six months ended September 30, 2022, compared to a loss of HKD 10,616,000 in the same period last year, indicating a 34.5% improvement in performance[22] - Total comprehensive income for the period was a loss of HKD 36,986,000, which includes other comprehensive losses of HKD 29,978,000[22] - Basic loss per share for the period was HKD (0.0084), compared to earnings of HKD 0.0097 per share in the same period of 2021[47] Assets and Liabilities - Current assets decreased to HKD 876,083,000 from HKD 950,847,000, primarily due to a reduction in inventory and receivables[12] - Cash and cash equivalents increased to HKD 309,033,000 from HKD 208,750,000, indicating improved liquidity[12] - Total liabilities decreased to HKD 151,274,000 from HKD 180,952,000, reflecting a reduction in payables and bank borrowings[12] - The company's net asset value decreased to HKD 877,753,000 from HKD 923,229,000, indicating a decline in overall equity[15] - The group's total assets as of September 30, 2022, amounted to HKD 1,041,181,000, while total liabilities were HKD 163,428,000[38] - The company's equity as of September 30, 2022, was HKD 877,989,000, down from HKD 923,263,000 at the beginning of the period[22] - The company reported a decrease in retained earnings to HKD 398,074,000 from HKD 405,082,000, reflecting ongoing operational challenges[22] Cash Flow and Financing - Operating cash inflow for the six months ended September 30, 2022, was HKD 156,928,000, a significant recovery from an outflow of HKD 85,840,000 in the previous year[25] - The company incurred a net cash outflow from investing activities of HKD 7,811,000, compared to HKD 43,338,000 in the prior year, reflecting improved investment management[25] - New bank borrowings amounted to HKD 416,401,000, while repayments totaled HKD 434,657,000, resulting in a net cash outflow from financing activities of HKD 27,799,000[25] - Cash and cash equivalents increased by HKD 112,959,000, ending the period at HKD 309,033,000, compared to HKD 174,776,000 at the end of the previous year[25] - Bank borrowings decreased to HKD 122,449,000 as of September 30, 2022, from HKD 140,705,000 as of March 31, 2022[59] - The effective interest rate on bank borrowings increased to 4.29% as of September 30, 2022, compared to 2.02% as of March 31, 2022[60] - The net financing costs for the period were HKD 3,088,000, significantly higher than HKD 795,000 in the previous year[41] Operational Strategy and Market Focus - The company plans to focus on enhancing operational efficiency and exploring new market opportunities to drive future growth[5] - The company continues to focus on its core business of trading metals and providing related services in Hong Kong and mainland China[28] - The company continues to optimize its product portfolio and expand into Southeast Asia, targeting key industrial sectors reliant on metal usage[98] - The implementation of the "Belt and Road" initiative is expected to provide further growth opportunities in the Greater China and Southeast Asia regions[98] - The group is strategically positioned to capitalize on opportunities in the Southeast Asian infrastructure investment landscape[103] - The group plans to expand its revenue sources by enhancing its consulting capabilities and service offerings in response to new alloy specifications required for green manufacturing and electric transportation[103] Expenses and Cost Management - Sales and distribution expenses increased by 10.7% to HKD 15,400,000 compared to the previous period[94] - General and administrative expenses rose by 6.8% to HKD 42,500,000 compared to the previous period[94] - Employee costs, including directors' remuneration, were approximately HKD 30.8 million for the interim period, compared to HKD 28.9 million for the same period last year[109] Shareholder and Governance Information - The group did not recommend the payment of an interim dividend for the six months ended September 30, 2022, consistent with the previous year[44] - The board of directors does not recommend the distribution of an interim dividend[106] - Major shareholders hold 600,000,000 shares, representing 72.40% of the issued share capital[116] - The company did not purchase, sell, or redeem any of its shares during the interim period[119] - The company has complied with the corporate governance code as per the Stock Exchange Listing Rules[120] - No violations of the standard code for securities trading by directors were reported during the interim period[121] Market Outlook and Challenges - The group remains optimistic about the demand outlook for zinc and aluminum alloys despite ongoing external business challenges and market uncertainties[103] - The group is focusing on carbon reduction, resource efficiency, and responsible supply chains to meet increasing ESG awareness among enterprises[105] - The group continues to enhance its market positioning by increasing the range of customized alloys in its product portfolio[99]