Financial Performance - The overall revenue of Infinity Development Holdings increased by approximately 21.9% from approximately HK$300,635,000 during the six months ended 31 March 2018 to approximately HK$366,478,000 during the six months ended 31 March 2019[8]. - The overall gross profit increased by approximately 29.7% from approximately HK$81,958,000 to approximately HK$106,279,000 during the same period[8]. - The Group reported a net profit of approximately HK$15,612,000 for the six months ended 31 March 2019, compared to approximately HK$10,473,000 for the same period in 2018[10]. - Profit for the period increased to HK$15,612,000, a 49.5% rise compared to HK$10,473,000 in 2018[71]. - Total comprehensive income for the period was HK$20,557,000, up from HK$15,405,000 in 2018, marking a 33.9% increase[72]. - Basic earnings per share for the six months ended March 31, 2019, was HK$0.025, compared to HK$0.017 for the same period in 2018, reflecting a growth of approximately 47.5%[147][148]. Expenses and Costs - Selling and distribution costs increased by approximately 15.5% from approximately HK$30,292,000 to approximately HK$34,976,000[8]. - Administrative expenses rose by approximately 30.2% from approximately HK$44,144,000 to approximately HK$57,454,000, mainly due to increased staff costs[10]. - Staff costs, including Directors' emoluments, amounted to approximately HK$48,830,000 for the six months ended March 31, 2019, compared to approximately HK$36,791,000 for the same period in 2018, representing an increase of about 32.8%[29]. - The Group's depreciation expense increased to HK$5,922,000 for the six months ended 31 March 2019, compared to HK$5,000,000 in the same period of 2018, reflecting a rise of approximately 18.4%[140]. Financial Position - As of March 31, 2019, the Group's total interest-bearing bank borrowings decreased from approximately HK$36,654,000 to approximately HK$15,556,000[25]. - The Group's gearing ratio as of March 31, 2019, was approximately 4.1%, down from approximately 9.4% as of September 30, 2018[25]. - The current ratio of the Group as of March 31, 2019, was approximately 2.4, compared to approximately 2.2 as of September 30, 2018[25]. - The net assets decreased to HK$380,853,000 from HK$391,101,000, reflecting a decline of 2.9%[78]. - Trade and bills receivables as of March 31, 2019, totaled HK$133,649,000, a decrease from HK$186,364,000 as of September 30, 2018, indicating a reduction of approximately 28.3%[151]. Investments and Acquisitions - The gain on disposal of subsidiaries was a one-off and non-recurring item, completed on 8 March 2019, without materially affecting the core business[10]. - There were no significant investments, material acquisitions, or disposals during the six months ended March 31, 2019, except for a disposal agreement completed on March 8, 2019[27]. - The Group owns 40% equity interests in Blue Sky Energy Efficiency Company Limited, which is engaged in energy-efficiency systems and renewable energy projects[29]. - The Blue Sky Group made an investment to acquire a 57% shareholding in a biochemical production company in China, but there have been delays in the ethanol production project[29]. Shareholder Information - As of 31 March 2019, Mr. Ieong Un holds 342,500,000 shares, representing approximately 57.07% of the total shareholding[41]. - Mr. Ieong Un is also a beneficial owner of 78,902,769 shares, accounting for about 13.14% of the total[43]. - The Company declared a final dividend of HK$2.6 cents per ordinary share, totaling approximately HK$15,605,000, an increase from HK$13,067,000 in the previous year[138]. - The company repurchased a total of 15,148,000 ordinary shares, all of which were cancelled in February 2019[36]. Corporate Governance - The Company has complied with the Corporate Governance Code during the six months ended 31 March 2019, except as disclosed[36]. - The roles of chairman and chief executive are held by Mr. Ieong Un, who is the founder and substantial shareholder of the Company[36]. - The Company has adopted the Model Code for Securities Transactions by Directors, and all Directors confirmed compliance during the reporting period[36]. Operational Strategy - The Group aims to broaden its revenue base by proactively investing in and developing its OEM business[21]. - The Group will focus on improving operational efficiency and core competitiveness to ensure effective business development in 2019[22]. - The Group will continue to monitor developments in the footwear manufacturing industry and adjust business strategies as needed[22][23]. Compliance and Reporting - The interim financial statements were reviewed by RSM Hong Kong, confirming compliance with HKAS 34[67]. - The Group's financial statements for the six months ended March 31, 2019, have been prepared in accordance with HKAS 34 and relevant Listing Rules[90]. - The Group's financial statements reflect the impact of new and revised Hong Kong Financial Reporting Standards[104].

Financial Performance - The overall revenue of the Group increased by approximately 22.9% from approximately HK$539,557,000 in the year ended 30 September 2017 to approximately HK$663,036,000 in the year ended 30 September 2018[8]. - The net profit for the year ended 30 September 2018 amounted to approximately HK$40,311,000, compared to a net loss of approximately HK$20,279,000 for the year ended 30 September 2017[8]. - The Board has recommended a final dividend of HK2.6 cents per share for the year ended 30 September 2018, an increase from HK2.1 cents in 2017[8]. - The gross profit margin decreased from approximately 34.1% in the year ended 30 September 2017 to approximately 29.2% in the year ended 30 September 2018, primarily due to rising petrochemical material costs[10]. - Selling and distribution costs rose by approximately 7.8% from approximately HK$56,149,000 in the year ended 30 September 2017 to approximately HK$60,520,000 in the year ended 30 September 2018[10]. Business Strategy and Expansion - The Group plans to expand its manufacturing facilities in Vietnam to meet market demand[12]. - The Group has established technology cooperation agreements with experts from Japan, Taiwan, and Hong Kong to enhance its research and development capabilities[14]. - The Board expects steady sales growth in 2019 due to increasing global demand for footwear and environmental friendly adhesive products[16]. - The Group will consider investing in and developing its OEM business to broaden its revenue base[18]. - The Group will actively consider investing and developing its OEM business to broaden its revenue base[19]. Economic Outlook and Risks - The anticipated increase in interest rates and oil price volatility are expected to pose risks to the global economy in 2019[17]. - The global economic outlook remains optimistic, with expectations of slight growth despite risks from the US-China trade war and emerging market issues[19]. - The Group will adopt a cautious approach to ensure continuous and effective business development amid global economic uncertainties[21]. Financial Position and Ratios - The Group's total interest-bearing bank borrowings increased from approximately HK$27,164,000 as of September 30, 2017, to approximately HK$36,654,000 as of September 30, 2018[21]. - The gearing ratio as of September 30, 2018, was approximately 9.4%, up from approximately 6.9% as of September 30, 2017[21]. - The current ratio as of September 30, 2018, was approximately 2.2, compared to approximately 2.8 as of September 30, 2017[21]. - The Group's restricted bank deposits decreased from approximately HK$17,430,000 as of September 30, 2017, to approximately HK$12,980,000 as of September 30, 2018[21]. Corporate Governance - The Board is committed to high standards of corporate governance and has complied with all applicable code provisions as set out in the Corporate Governance Code[39]. - The Board consists of seven members, including four executive Directors and three independent non-executive Directors, ensuring a balance of relevant skills and experience[42][43]. - The Audit Committee held two meetings during the year ended 30 September 2018 to review the Group's results for the year and the six months ended 31 March 2018, recommending both to the Board for approval[55]. - The Nomination Committee held one meeting during the year ended 30 September 2018 to review the composition of the Board and the independence of the independent non-executive Directors[63]. - The Board believes that the current structure of having the same individual as chairman and chief executive officer provides strong and consistent leadership for the Group[53]. Environmental and Social Responsibility - The Group aims to provide environmental, social, and economic benefits to stakeholders as part of its sustainable development efforts[94]. - The environmental, social, and governance report for the year ended 30 September 2018 is prepared in accordance with the relevant reporting guide[94]. - The Group's greenhouse gas emissions totaled 3,082 tCO2e for the year ended September 30, 2018, with an intensity of 0.15 tCO2e per ton of adhesives produced[105]. - The Group's environmental management system was accredited with ISO 14001:2015[99]. - The Group plans to phase out diesel forklifts in favor of electric ones to enhance sustainability[109]. Employee and Workplace Safety - The Group employed a total of 365 employees as of 30 September 2018, down from 375 employees as of 30 September 2017[23]. - The Group's employment system includes performance evaluation and training, ensuring equal opportunities and a diverse working environment[135]. - The Group has established safety policies and conducts regular safety inspections to mitigate health and safety risks in the workplace[149]. - During the year ended September 30, 2018, there were no occurrences of any fatal accidents[159]. - The Group provides protective equipment to employees to ensure safety during manufacturing processes[149]. Community Engagement - The Group emphasizes the importance of community investment, contributing to education in impoverished areas since 2006 through donations and voluntary work[177]. - The Group has been actively involved in community investment, particularly in education in impoverished areas, contributing to the construction of "Youxin Peimiao Ding'an Primary School" since 2006[179]. - The Group plans to develop a community investment policy to provide more specific management guidelines and measures for employees[179]. Management Team - Mr. Ieong Un, the founder and CEO, has approximately 30 years of experience in the adhesive industry, focusing on strategic planning and product R&D[181]. - Mr. Ip Chin Wing, the deputy general manager, assists in formulating business strategies and has a background in managing operations since joining the Group in 2001[182]. - Mr. Ip Ka Lun oversees treasury and administrative functions, bringing 30 years of experience in accounting and finance to the Group[186]. - Mr. Stephen Graham Prince is responsible for sales and marketing, having joined the Group in 2005 with prior experience in project management and operational strategy[187]. - The Group's management team consists of experienced professionals with extensive backgrounds in their respective fields, enhancing the Group's operational capabilities[181][182][186][187].