Financial Performance - For the fiscal year ending March 31, 2025, the company reported total revenue of $157.531 million, an increase of 7.7% compared to $147.018 million for the previous year[3]. - The cost of goods sold was $117.916 million, up from $109.130 million, resulting in a gross profit of $39.615 million, which is a 32.8% increase from $29.824 million[3]. - The company recorded a net loss of $8.525 million for the year, an improvement from a net loss of $13.631 million in the previous year, indicating a reduction in losses by 37.5%[3]. - Earnings per share (EPS) for the year was reported at a loss of $0.46, compared to a loss of $0.76 in the previous year, reflecting a 39.5% improvement[3]. - The company’s other income increased to $7.006 million from $5.885 million, marking a growth of 19.0%[3]. - Selling and administrative expenses were $27.026 million, slightly down from $27.507 million, showing a decrease of 1.7%[3]. - The company reported a total comprehensive loss of $8,525,000 for the year ending March 31, 2025, compared to a loss of $13,631,000 for the previous year, representing a 37.5% improvement[4]. - For the fiscal year ending March 31, 2025, the total revenue from the publishing and printing segment was $102.725 million, with advertising revenue contributing $64.371 million[14]. - The travel and related services segment generated revenue of $54.806 million, indicating a significant contribution to the overall revenue[14]. - The group reported a pre-tax loss of $7.463 million for the fiscal year, with a net loss of $8.525 million[14]. - The group’s pre-tax profit from the publishing and printing segment was $1.836 million, while the North America segment reported a pre-tax loss of $2.849 million[14]. - The group reported a pre-tax loss of $13,597 thousand for the year, with a net annual loss of $13,631 thousand[15]. Assets and Liabilities - The company's total assets increased to $138,360,000 as of March 31, 2025, up from $134,501,000 in the previous year, indicating a growth of 2.7%[5]. - The company's cash and cash equivalents stood at $68,610,000 as of March 31, 2025, compared to $68,103,000 in the previous year, reflecting a slight increase of 0.7%[5]. - The company’s total liabilities decreased to $73,370,000 from $64,668,000, showing an increase of 13.2% year-over-year[5]. - The company’s retained earnings were reported at $173,920,000 for the year ending March 31, 2025, down from $185,335,000 in the previous year, a decline of 6.1%[6]. - The company’s total equity attributable to shareholders was $122,264,000 as of March 31, 2025, compared to $126,640,000 in the previous year, a decrease of 3.5%[6]. - The company reported a significant increase in short-term bank deposits, which rose to $36,997,000 from $27,421,000, marking a growth of 34.8%[5]. - The company’s total liabilities as of March 31, 2024, were $69,871 thousand, with segment liabilities of $65,169 thousand[19]. Operational Efficiency and Future Plans - The company plans to focus on expanding its market presence and developing new products in the upcoming fiscal year[3]. - The company aims to enhance operational efficiency and reduce costs further in the next fiscal year[3]. - Future guidance suggests a continued focus on revenue growth and strategic investments in technology[3]. - The company is actively investing in new technologies and product development to improve its competitive position in the market[21]. - The group plans to expand its premium travel product offerings into ASEAN markets and European cruise destinations[55]. - The group is leveraging artificial intelligence to improve productivity and audience engagement, with a notable innovation being the launch of the AI digital persona "Aido" for "Baige"[56]. - The group plans to focus on digital transformation and prudent execution to enhance profitability and ensure sustainable growth[59]. Shareholder Information - The company declared an interim dividend of $0.10 per share for the fiscal year ending March 31, 2025, down from $0.15 per share in the previous year[30]. - The total amount of interim dividends declared for the fiscal year ending March 31, 2024, was $2,531,000, which was paid on July 9, 2024[32]. - A mid-term dividend of 0.10 USD per ordinary share will be paid on July 8, 2025, with share transfer procedures suspended on June 18, 2025[71]. - The group repurchased a total of 57,567,300 shares at an approximate total cost of $1,086,000 during the fiscal year ending March 31, 2025[66]. - A total of 50,927,300 shares were repurchased on the Malaysia Securities Exchange for a total cost of 6,559,958 MYR (approximately 1,455,000 USD)[68]. - 31,222,600 shares repurchased have been canceled as of August 6, 2024, while the remaining 19,704,700 shares will be held as treasury shares until March 31, 2025[68]. - On the Hong Kong Stock Exchange, 6,640,000 shares were repurchased for a total cost of 1,328,846 HKD (approximately 171,000 USD)[68]. Corporate Governance - The company has adopted the highest standards of corporate governance according to the Malaysian and Hong Kong corporate governance codes[73]. - The board of directors has confirmed compliance with the Malaysian Securities Exchange Listing Rules and Hong Kong Listing Rules during the review period[75]. - The company is committed to maintaining good corporate governance standards and will continue to assess compliance with the Malaysian corporate governance code[74]. - The company’s financial statements for the year ending March 31, 2025, have been reviewed by the auditors, but no audit opinion has been issued[76].

Financial Performance - For the three months ended December 31, 2024, the company reported revenue of $37.786 million, a 3.9% increase from $36.363 million in the same period of 2023[5] - The gross profit for the same period was $10.455 million, up 12.1% from $9.323 million year-over-year[5] - The company incurred a net loss of $2.410 million for the quarter, compared to a loss of $1.231 million in the previous year, representing a 96.1% increase in losses[7] - Operating loss for the quarter was $1.860 million, which is a 106.7% increase from the operating loss of $900,000 in the same quarter of 2023[5] - Total comprehensive loss for the quarter was $12.429 million, compared to a comprehensive income of $1.368 million in the same period last year[7] - The company reported a basic and diluted loss per share of $0.13 for the quarter, compared to $0.07 in the same quarter of 2023[5] - For the nine months ended December 31, 2024, revenue increased to $124.583 million from $113.845 million, marking a growth of 9.3%[11] - The gross profit for the nine-month period was $32.326 million, a 11.8% increase from $28.951 million in the same period of 2023[11] - For the nine months ended December 31, 2024, the company reported a loss of $4,740,000, an improvement from a loss of $6,570,000 in the same period of 2023, representing a decrease in loss of approximately 28%[12] - The total comprehensive income for the period was $2,643,000, compared to a loss of $12,337,000 in the previous year, indicating a significant turnaround[12] Assets and Liabilities - The company's non-current assets amounted to $63,028,000 as of December 31, 2024, showing a slight increase from $62,010,000 as of March 31, 2024[14] - Current assets totaled $134,233,000, compared to $129,111,000 in the previous quarter, reflecting a growth of approximately 4%[14] - The company's cash and cash equivalents were $65,991,000, down from $68,103,000 in the previous quarter, indicating a decrease of about 3%[16] - The total equity attributable to the owners of the company was $125,527,000, a slight decrease from $126,640,000 as of March 31, 2024[16] - The company's retained earnings stood at $177,743,000, down from $185,335,000 in the previous quarter, reflecting a decrease of approximately 4%[16] - The company's total liabilities decreased to $130,398,000 from $131,843,000 in the previous quarter, indicating a reduction of about 1%[16] - The net asset value per share attributable to the owners of the company was $7.78, an increase from $7.61 in the previous quarter[16] Revenue Breakdown - The group reported total revenue of $37,786,000 for the quarter ending December 31, 2024, with a breakdown of $27,426,000 from publishing and printing and $10,360,000 from travel-related services[42] - Advertising revenue for the quarter was $17,729,000, an increase from $17,418,000 in the same quarter last year[42][43] - Revenue for the three months ended December 31, 2024, was $37,786 thousand, an increase from $36,363 thousand in the same period of 2023, representing a growth of approximately 3.9%[44] - For the nine months ended December 31, 2024, total revenue was $124,583 thousand, compared to $113,845 thousand for the same period in 2023, indicating an increase of about 9.5%[48] - Revenue from travel and related services for the nine months ended December 31, 2024, was $45,052 thousand, compared to $31,906 thousand in 2023, marking an increase of about 41%[45] Operational Challenges - The company reported a pre-tax loss of $4,167 thousand for the nine months ended December 31, 2024, compared to a pre-tax loss of $6,393 thousand in the same period of 2023, showing an improvement of about 34.3%[47] - The group anticipates challenges in the remaining quarters of the fiscal year due to geopolitical tensions and global trade uncertainties, but is prepared to explore new revenue opportunities, especially in the travel segment[72] - The group is currently facing several defamation lawsuits but believes that any potential liabilities will not have a significant adverse impact on its financial condition[81] Shareholder Information - The company declared an interim dividend of $2.531 million for the 2023/2024 fiscal year[20] - Basic and diluted loss per share for the three months ended December 31, 2024, was $0.13, an increase from $0.07 in the same period of 2023[84] - For the nine months ended December 31, 2024, the loss attributable to shareholders was $4,129,000, a decrease from $6,024,000 in the same period of 2023[84] - The weighted average number of ordinary shares issued for the three months ended December 31, 2024, was 1,650,515,026, down from 1,687,236,241 in the same period of 2023[84] Other Financial Metrics - The company recorded a revaluation surplus of $296,000 upon the transfer of land and buildings to investment properties[20] - The company recognized a revaluation surplus of approximately $296,000 related to certain properties held by a subsidiary, contributing positively to the financial results[54] - The group reported a net capital debt ratio of zero as of December 31, 2024, indicating a strong financial position[79] - The group did not experience any non-recurring items affecting its assets, liabilities, equity, net income, or cash flows during the review quarter[35]

Financial Performance - Revenue for the six months ended September 30, 2024, was $86,797 thousand, an increase of 12.4% compared to $77,482 thousand in 2023[4] - Gross profit for the same period was $21,871 thousand, up from $19,628 thousand, reflecting a gross margin improvement[4] - The net loss for the period was $2,330 thousand, a significant reduction from the loss of $5,339 thousand in the previous year, indicating improved operational efficiency[4] - The company reported a basic and diluted loss per share of $0.12, an improvement from $0.29 in the previous year[4] - The company reported a loss of $1,922,000 for the six months ending September 30, 2024, with total comprehensive income of $15,497,000[23] - The company’s equity as of September 30, 2024, was $138,235,000, with non-controlling interests at $2,118,000[23] - The company declared an interim dividend of $2,531,000 for the 2023/2024 fiscal year[23] - The company’s retained earnings as of September 30, 2024, were $179,950,000[23] - The company reported a currency translation gain of $17,430,000 for the six months ending September 30, 2024[23] - The company’s share capital remained at $21,298,000 as of September 30, 2024[23] Cash Flow and Liquidity - Cash and cash equivalents rose to $75,578 thousand, up from $68,103 thousand, indicating improved liquidity[10] - Operating cash flow for the six months ended September 30, 2024, was $997,000, a decrease of 62.3% compared to $2,647,000 in 2023[28] - Net cash used in operating activities was $(655,000), down from $1,196,000 in the previous year[28] - Net cash from investing activities was $672,000, a significant improvement from $(40,000) in the same period last year[28] - Cash and cash equivalents increased by $1,515,000, compared to a decrease of $(1,319,000) in the prior year[28] - Cash and cash equivalents at the end of the period stood at $75,578,000, up from $58,139,000 in 2023[28] - Total cash inflow from financing activities was $1,498,000, compared to an outflow of $(2,475,000) in the previous year[28] - The company received $7,682,000 from bank and other borrowings, a significant increase from $340,000 in the prior year[28] - The company reported a decrease in dividends paid, remaining consistent at $(2,531,000) for both periods[28] Assets and Liabilities - Total assets as of September 30, 2024, were $147,513 thousand, an increase from $134,501 thousand as of March 31, 2024[10] - Current liabilities increased to $71,917 thousand from $64,668 thousand, primarily due to higher trade and other payables[10] - The company’s total non-current liabilities remained stable, with a slight decrease in the current portion of other non-current liabilities from $(23,000) to $(26,000)[137] - Trade receivables as of September 30, 2024, amounted to $15,799,000, an increase from $14,337,000 as of March 31, 2024[128] - Trade payables increased to $7,764,000 as of September 30, 2024, compared to $6,116,000 on March 31, 2024, representing an increase of 26.9%[133] - Accrued expenses and other payables rose to $14,361,000 as of September 30, 2024, up from $12,922,000 on March 31, 2024, reflecting a growth of 11.1%[133] - The total current bank borrowings secured increased to $32,419,000 as of September 30, 2024, compared to $27,073,000 on March 31, 2024, marking an increase of 19.3%[134] Segment Performance - For the six months ended September 30, 2024, total revenue was $86.797 million, with $52.105 million from publishing and printing and $34.692 million from travel-related services[87] - Advertising revenue amounted to $32.445 million, with $17.820 million from Malaysia, $12.701 million from Hong Kong and Taiwan, and $1.924 million from North America[87] - The pre-tax loss for the group was $1.531 million, with a pre-tax loss of $3.579 million from the publishing and printing segment[87] - The group reported a total sales figure of $19.660 million from newspapers, magazines, books, and digital content[87] - The group had a pre-tax profit of $2.048 million from travel-related services, contrasting with losses in the publishing and printing segments[87] - The travel segment's revenue increased by 54.4%, from $22,475,000 to $34,692,000, contributing to a pre-tax profit of $2,048,000, up 89.3% from $1,082,000[170] - The publishing and printing segment's revenue decreased by 5.3%, from $55,007,000 to $52,105,000, with pre-tax losses improving from $5,879,000 to $3,579,000[170] Market Strategy and Future Outlook - The company continues to explore market expansion opportunities and new product development strategies to drive future growth[4] - The company plans to increase the selling price of its newspapers in Hong Kong starting November 1, 2024, to offset rising operational costs and enhance profitability[177] - The group anticipates a challenging second half of the fiscal year due to global economic uncertainties and geopolitical tensions[186] - The group is expanding its luxury travel offerings in response to increased demand for exclusive travel experiences[180] - The group is committed to enhancing and diversifying its luxury travel products to solidify its position in a profitable market[180] - The digital business strategy focuses on customer-centric growth and profitability, enhancing first-party data capabilities for future advertising development[181] Shareholder Information - As of September 30, 2024, major shareholders include Sir Dato' Zhang Xiaoqing with 1,094,187,814 shares, representing 66.12% of issued ordinary shares[200] - Dato' Dr. Zhang Yiju holds 289,131,889 shares, accounting for 17.47% of the issued ordinary shares[200] - TTSH holds 378,998,616 shares, which is 22.90% of the issued ordinary shares[200] - Conch Company Limited owns 253,987,700 shares, representing 15.35% of the issued ordinary shares[200] - Dexinli Enterprise Private Limited has 196,487,646 shares, equating to 11.87% of the issued ordinary shares[200] - TTSE holds 131,168,460 shares, which is 7.93% of the issued ordinary shares[200] - Kinta Hijau Sdn Bhd possesses 129,424,143 shares, representing 7.82% of the issued ordinary shares[200]

Financial Performance - For the six months ended September 30, 2024, the company reported a revenue of $86,797 thousand, an increase of 11.8% compared to $77,482 thousand in the same period of 2023[2] - The gross profit for the same period was $21,871 thousand, up from $19,628 thousand, reflecting a growth of 11.4% year-over-year[2] - The net loss for the period was $2,330 thousand, an improvement from a net loss of $5,339 thousand in the prior year, indicating a reduction of 56.4%[2] - The company reported a basic loss per share of $0.12 for the six months ended September 30, 2024, compared to a loss of $0.29 in the same period of 2023[2] - The company reported a pre-tax loss of $1,531 thousand for the six months ending September 30, 2024, compared to a loss of $4,797 thousand for the same period in 2023, indicating an improvement in financial performance[21] - The group reported a loss before tax of $(1,858) thousand, which is a 63.8% improvement from a loss of $(5,132) thousand in the previous year[57] - Basic loss per share for the six months ended September 30, 2024, was $(0.12), an improvement of 58.6% compared to $(0.29) for the same period in 2023[45][57] Assets and Liabilities - The company's total assets as of September 30, 2024, were $147,513 thousand, compared to $134,501 thousand as of March 31, 2024, representing an increase of 9.6%[6] - The company's total liabilities increased to $71,917 thousand from $64,668 thousand, reflecting a rise of 11.6%[6] - The company's equity attributable to owners was $138,235 thousand as of September 30, 2024, compared to $126,640 thousand as of March 31, 2024, indicating an increase of 9.2%[8] - The total assets and liabilities for the company as of September 30, 2024, are under review and will be disclosed in the upcoming financial statements[26] - The company's total liabilities, including unallocated liabilities, reached $69,871 million as of September 30, 2024[34] Revenue Breakdown - Revenue from the Publishing and Printing segment primarily comes from advertising services and sales of newspapers and magazines[17] - The revenue from publishing and digital content sales amounted to $19,660 thousand, while advertising revenue was $32,445 thousand for the six months ending September 30, 2024[24] - The service revenue related to travel and tourism reached $34,692 thousand for the six months ending September 30, 2024, compared to $22,475 thousand in the same period of the previous year, showing a significant growth of approximately 54.3%[21] - The publishing and printing segment's revenue decreased by 5.3% to $52,105,000, primarily due to weak market sentiment in core markets like Hong Kong[59] - The North America segment's revenue declined by 16.2% to $2,984,000, with a slight increase in loss before tax to $1,891,000[71] Cash and Cash Equivalents - The company's cash and cash equivalents increased to $75,578 thousand from $68,103 thousand, marking a growth of 10.5%[6] - The group's cash and cash equivalents as of September 30, 2024, amounted to $113,566,000, up from $95,524,000 as of March 31, 2024[88] - The group's net cash value increased to $81,147,000 as of September 30, 2024, compared to $68,451,000 as of March 31, 2024[88] Operational Segments - The group operates in four main business segments: Publishing and Printing in Malaysia, Publishing and Printing in Hong Kong and Taiwan, Publishing and Printing in North America, and Travel and Related Services[17] - The group continues to focus on expanding its travel-related services, which have shown strong revenue growth in the current reporting period[23] - The group has expanded its luxury travel offerings to ASEAN countries like Vietnam and European cruise destinations, responding to increased demand from high-spending customers[74] - The group is focusing on enhancing its luxury travel products to solidify its position in a profitable market despite rising travel costs due to new tourism taxes in various countries[75] Corporate Governance - The company has complied with the Malaysian Corporate Governance Code and the Hong Kong Listing Rules, ensuring a high level of corporate governance[94][95] - The board of directors aims to maintain good corporate governance standards, with at least 50% of members being independent directors and at least 30% being female directors[97] - The company has established a framework for corporate governance based on the Malaysian Corporate Governance Code and Hong Kong Listing Rules[94] - The company will continue to review and assess recommendations under the Malaysian Corporate Governance Code to achieve and maintain high governance standards[97] Other Financial Metrics - The group recognized a foreign currency translation gain of $17,418 thousand during the period, compared to a loss of $7,890 thousand in the previous year[4] - Interest income for the six months ending September 30, 2024, was $1,376 thousand, compared to $1,118 thousand for the same period in 2023, indicating an increase of approximately 23.1%[21] - The total operating expenses, excluding income tax, were $5,132 thousand for the six months ending September 30, 2024, compared to $5,879 thousand in the same period of 2023, showing a decrease in expenses[21] - The company incurred direct costs related to travel and travel-related services amounting to $30,333 million for the six months ended September 30, 2024, up from $19,520 million in 2023[39] - The company’s intangible asset amortization expense was $191 million for the six months ended September 30, 2024, down from $347 million in 2023[39] Shareholder Actions - The company repurchased a total of 32,978,600 shares at a total cost of approximately USD 946,000, with 31,522,600 shares repurchased on the Malaysian stock exchange for a total cost of 4,229,759 MYR (approximately USD 921,000)[90][92] - The total repurchased shares included 1,456,000 shares on the Hong Kong Stock Exchange for a total cost of 322,823 HKD (approximately USD 25,000)[92]

Revenue and Profitability - Revenue for Q1 2024 reached 43,341 thousand USD, a 19.0% increase from 36,313 thousand USD in Q1 2023[2] - Gross profit for Q1 2024 was 10,655 thousand USD, up 12.2% from 9,500 thousand USD in the same quarter last year[2] - Operating loss decreased to 456 thousand USD in Q1 2024 from 2,594 thousand USD in Q1 2023, representing an improvement of 82.4%[2] - Net loss for Q1 2024 was 1,032 thousand USD, a significant reduction compared to 2,903 thousand USD in Q1 2023, marking a 64.5% decrease[2] - Basic and diluted loss per share for Q1 2024 was 0.05 USD, compared to 0.16 USD in Q1 2023, indicating a 68.8% improvement[2] - Total comprehensive loss for Q1 2024 was 601 thousand USD, significantly lower than 10,354 thousand USD in Q1 2023, reflecting an 94.2% reduction[3] - Other income for Q1 2024 was 1,498 thousand USD, slightly up from 1,490 thousand USD in Q1 2023[2] Costs and Expenses - The cost of goods sold for Q1 2024 was 32,686 thousand USD, an increase from 26,813 thousand USD in Q1 2023, representing a 21.5% rise[2] - The company reported a pre-tax loss of $2.877 million for the quarter, with a total quarterly loss of $2.903 million after tax expenses[21] - The company incurred a total depreciation expense of $1.322 million for the quarter, with $1.057 million attributed to property, plant, and equipment[21] - The company reported a decrease in interest paid, totaling $415,000 for the quarter, compared to $278,000 in the same period last year[10] Assets and Liabilities - Total assets as of June 30, 2024, amounted to $140,740 thousand, an increase from $134,501 thousand as of March 31, 2024, representing a growth of approximately 4.9%[4] - Current liabilities increased to $73,855 thousand from $64,668 thousand, reflecting a rise of about 14.5%[5] - The company's equity attributable to owners decreased to $123,359 thousand from $126,640 thousand, a decline of approximately 2.0%[5] - Total assets of the company as of June 30, 2024, amounted to $201.970 million, with segment assets of $181.298 million and unallocated assets of $1.438 million[23] - The company’s total liabilities stood at $78.611 million, with segment liabilities of $69.871 million reported for the publishing and printing division[25] Cash Flow and Investments - Operating cash flow for the quarter ended June 30, 2024, was a net outflow of $1,491,000, compared to an inflow of $1,751,000 for the same period in 2023, representing a significant decline[10] - The company reported a net cash increase of $2,898,000 for the quarter, up from $1,116,000 in the previous year[10] - Cash flow from investing activities showed a net outflow of $511,000, compared to an outflow of $418,000 in the same quarter of the previous year[10] - The company received $5,117,000 from bank and other borrowings during the quarter, a notable increase compared to no borrowings in the same period last year[10] Segment Performance - The travel and related services segment generated $18.049 million in revenue for the quarter[20] - The publishing and printing segment reported revenue of $25,292,000, down 5.5% from $26,760,000 in the previous year[37] - The Malaysian operations experienced an 8.6% decline in revenue, dropping from $15,898,000 to $14,524,000, attributed to reduced advertising spending[37] - The travel segment's revenue increased by 88.9%, rising from $9,553,000 to $18,049,000, driven by outbound tours from Hong Kong to mainland China[38] Shareholder Information - The company declared an interim dividend of 2,531 thousand USD for the 2023/2024 fiscal year[7] - The company repurchased ordinary shares amounting to 149 thousand USD during the quarter[7] - The company repurchased a total of 5,275,100 ordinary shares at a total cost of approximately 705,877 MYR (about $149,874) during the quarter[18] Future Outlook and Strategy - The company remains optimistic about the potential of artificial intelligence to improve operations and reduce costs[40] - The company plans to continue enhancing its operational resilience in response to ongoing economic challenges[40]

2022年度編協拿督黃紀達新聞獎 丹斯里鄺漢光體育報道獎 優勝獎：《中國報》 佳作獎：《南洋商報》 拿督黃紀達編輯獎（新聞組） 佳作獎4項：《中國報》 92 102 2023/24年報 25 大事紀要 – 馬來西亞（星洲媒體集團） 教養」系列活動，透過講座及工作坊，提高社會對教養孩子及 《南洋商報》 由馬來西亞Carlsberg集團贊助、《南洋 商報》及《中國報》聯辦的「十大義演」， 因疫情停辦3年後於2023年復辦。在參 與者的慷概捐助下，為10所華教小學共 籌得善款2,050萬令吉，用作校園修復及 建設之用。 《中國報》「粉紅社」舉辦「粉 · 聚2.0」 活動，為女性企業家及女商人營 造一個相互學習、分享及扶持的 平台。世華媒體主席張聰女士與 約160人參加活動，反應熱烈。 因疫情而闊別4年的「Bella Better Together」於2023年復辦，一眾藝 人、KOL及讀者共聚兩天一夜的 美麗約會，場面歡樂熱鬧。 可持續發展聲明 作為媒體機構，本集團一直報道該等事件，並積極提高公司及個人對採納環境、社會及管治常規重要性之意識。 報告期間 本可持續發展聲明涵蓋本集團於馬來西亞及香港之業務活動，該等業務 ...

Financial Performance - For the fiscal year ending March 31, 2024, the group's revenue decreased by 3.8% to $5,049,000 compared to $5,251,000 in the previous fiscal year[6]. - The group's pre-tax loss widened by 12.9% to $2,682,000 from $2,376,000 in the previous year[6]. - The basic loss per share for the fiscal year ending March 31, 2024, was $0.76, compared to a basic loss of $0.01 per share in the previous year[9]. - The overall annual loss for the group was $13,631,000, compared to a loss of $883,000 in the previous year[46]. - The group reported a total comprehensive loss of $23,329,000 for the year, significantly higher than the previous year's loss of $7,100,000[46]. - The company reported a pre-tax loss of $14,159 million, with specific losses of $5,412 million from Malaysia, $5,453 million from Hong Kong and Taiwan, and $3,294 million from North America[63]. - The group incurred a net loss attributable to shareholders of (12,907) thousand USD for the year ended March 31, 2024, compared to a loss of (245) thousand USD in the previous year, reflecting a substantial decline in performance[97]. - Basic loss per share for the year ended March 31, 2024, was (0.76) cents, compared to (0.01) cents for the previous year, indicating a significant deterioration in earnings per share[97]. Revenue Breakdown - The group achieved a revenue growth of 10.8% for the fiscal year ending March 31, 2024, reaching $147,018,000, up from $132,655,000 in the previous year[28]. - The travel segment's revenue surged by 278.4% to $39,619,000, compared to $10,471,000 last year, driven by the global recovery in travel[29]. - The publishing and printing segment's revenue decreased by 12.1% to $107,399,000 from $122,184,000 last year[29]. - Revenue from Hong Kong and Taiwan operations decreased by 10.8% year-on-year to $36,290,000, resulting in a pre-tax loss of $5,453,000 compared to a pre-tax profit of $275,000 last year[17]. - Total revenue from publishing, printing, and digital content sales reached $38,947 million, with a breakdown of $25,970 million from Malaysia, $10,682 million from Hong Kong and Taiwan, and $2,295 million from North America[63]. - Advertising revenue amounted to $68,452 million, with $38,028 million from Malaysia, $25,608 million from Hong Kong and Taiwan, and $4,816 million from North America[63]. - Travel and related services generated $39,619 million in revenue, contributing to a total of $147,018 million across all segments[63]. Assets and Liabilities - The total assets decreased from 158,685 thousand USD in 2023 to 131,843 thousand USD in 2024, representing a decline of approximately 16.9%[57]. - Non-current assets decreased from 83,818 thousand USD in 2023 to 62,010 thousand USD in 2024, a reduction of about 26.1%[57]. - Current assets increased from 61,524 thousand USD in 2023 to 68,103 thousand USD in 2024, reflecting an increase of approximately 10.7%[57]. - The total liabilities increased from 51,890 thousand USD in 2023 to 64,668 thousand USD in 2024, representing an increase of about 24.7%[57]. - The group's total liabilities as of March 31, 2024, were $27,073,000, up from $21,070,000 a year earlier[129]. - The group reported total equity of $128,833,000 as of March 31, 2024, down from $153,314,000 on March 31, 2023[129]. Operational Challenges - The group faced significant challenges in Hong Kong and Taiwan due to slower-than-expected economic recovery and rising operational costs[16]. - The group faced a negative foreign exchange impact of approximately $3,183,000 on revenue due to the weakening of the Malaysian Ringgit and Canadian Dollar against the US Dollar[31]. - The group remains vigilant regarding ongoing geopolitical tensions that may affect travel confidence and business performance[43]. - The management is closely monitoring economic and political developments to manage operational costs prudently amid rising commodity and energy costs[106]. Strategic Initiatives - The group successfully expanded its customer base beyond luxury brands to include banking, restaurants, and retail sectors[6]. - The group is developing a self-service advertising platform to simplify the advertising purchasing process for small and medium-sized advertisers[14]. - The group aims to enhance brand awareness and consumer engagement through digital subscription and industry aggregation platforms[14]. - The group plans to continue exploring AI technologies to improve content creation and audience behavior analysis[124]. - The group aims to leverage artificial intelligence and machine learning to enhance user experience and accelerate digital advertising revenue growth[124]. Employee and Governance - As of March 31, 2024, the group had 2,640 employees, a decrease from 2,741 employees in the previous year[111]. - The company maintains compliance with Malaysian governance codes, including having a majority of independent directors on the board[115]. - The group is committed to maintaining high corporate governance standards in accordance with Malaysian and Hong Kong regulations[140]. Digital and Marketing Efforts - The group reported a decrease in page views for its digital business due to changes in social media platforms, particularly Facebook's significant modifications[103]. - The company aims to enhance direct engagement with its audience to increase average revenue per user, focusing on encouraging existing customers to consume more content[103]. - The group has implemented the MCIL ID project on two digital assets, aiming to enhance user experience and increase subscription rates through personalized services[123].

Financial Performance - For the quarter ended December 31, 2023, the company reported revenue of $36.36 million, an increase of 5.06% compared to $34.62 million in the same quarter of 2022[5]. - The cost of goods sold for the quarter was $27.04 million, up from $21.62 million in the previous year, resulting in a gross profit of $9.32 million, down 28.92% from $12.99 million[5]. - The company recorded a net loss of $1.23 million for the quarter, compared to a profit of $0.67 million in the same quarter of 2022, reflecting a significant decline in profitability[6]. - Operating loss for the quarter was $0.90 million, compared to an operating profit of $1.66 million in the same quarter of the previous year[5]. - The company reported total comprehensive income of $1.37 million for the quarter, down from $8.02 million in the same quarter of 2022[6]. - Basic and diluted loss per share for the quarter was $0.07, compared to earnings per share of $0.05 in the same quarter of 2022[5]. - Other income for the quarter was $1.52 million, slightly down from $1.73 million in the same quarter of the previous year[5]. - The company experienced a significant increase in financing costs, which rose to $0.36 million from $0.27 million year-over-year[5]. - The company reported a foreign exchange gain of $2.72 million for the quarter, compared to a gain of $7.35 million in the same quarter of 2022[6]. - Revenue for the nine months ended December 31, 2023, was $113,845 thousand, an increase of 12.5% compared to $101,284 thousand in 2022[8]. - Gross profit decreased to $28,951 thousand, down 24.0% from $38,114 thousand in the same period last year[8]. - Operating loss for the nine months was $5,413 thousand, compared to an operating profit of $4,077 thousand in 2022[8]. - Net loss attributable to the owners of the company was $6,024 thousand, compared to a profit of $1,879 thousand in the previous year[8]. - Total comprehensive loss for the nine months was $12,337 thousand, compared to a loss of $4,262 thousand in 2022[9]. - The company reported a net loss of $6.024 million for the third quarter of 2023, compared to a profit of $1.879 million in the same period last year[17]. - The company reported a pre-tax loss of $1,261,000 for the quarter, compared to a profit of $1,382,000 in the same quarter last year[39]. - The group recorded a pre-tax loss of $6,393,000 for the nine months, compared to a pre-tax profit of $3,537,000 in the same period last year[64]. Cash Flow and Financial Position - Cash and cash equivalents as of December 31, 2023, were $56,074 thousand, down from $61,524 thousand as of March 31, 2023[11]. - Inventory decreased to $8,480 thousand from $11,145 thousand as of March 31, 2023, indicating a reduction of 23.9%[11]. - Total assets as of December 31, 2023, were $120,510 thousand, compared to $126,757 thousand as of March 31, 2023[11]. - The company reported a financing cost of $963 thousand, an increase from $533 thousand in the previous year[8]. - As of December 31, 2023, the total equity attributable to the owners of the company is $137.696 million, a decrease from $152.564 million as of March 31, 2023, representing a decline of approximately 9.7%[13]. - The retained earnings as of December 31, 2023, stand at $192.295 million, down from $200.850 million as of March 31, 2023, indicating a decrease of about 2.8%[19]. - The company's total assets per share attributable to owners decreased from $9.09 to $8.25, reflecting a decline of approximately 9.2%[13]. - The non-controlling interests in equity increased from $(750) thousand to $(1,467) thousand, indicating a worsening position for minority shareholders[19]. - The company’s other reserves have worsened, moving from $(123.915) million to $(129.511) million, a decline of approximately 4.7%[19]. - The total liabilities decreased from $158.685 million to $143.053 million, a reduction of approximately 9.8%[19]. - The company’s lease liabilities decreased from $359 thousand to $159 thousand, indicating a reduction of approximately 55.7%[19]. - The company’s financial position reflects a significant impact from currency translation differences, with a loss of $(5.159) million recorded in other comprehensive income[17]. - The total comprehensive loss for the period was $56,626 thousand, which includes a loss of $27,650 thousand for the quarter[21]. - The company's cash and cash equivalents decreased by $19,049 thousand for the nine months ended December 31, 2023, compared to an increase of $30,257 thousand in the same period of 2022[23]. - The company reported a decrease in revenue from operating activities, with cash outflows of $16,157 thousand for the nine months ended December 31, 2023, compared to inflows of $34,658 thousand in the same period of 2022[23]. - The company’s interest paid increased to $4,420 thousand for the nine months ended December 31, 2023, from $2,446 thousand in the same period of 2022[23]. - The company’s cash flow from financing activities resulted in a net cash outflow of $12,558 thousand for the nine months ended December 31, 2023, compared to $12,682 thousand in the same period of 2022[23]. - The group experienced a negative currency impact of approximately $1,956,000 on revenue due to the weakening of the Malaysian Ringgit and Canadian Dollar against the US Dollar[64]. - As of December 31, 2023, the group's total borrowings amounted to $21,169,000, all secured[74]. Dividends and Shareholder Returns - The company declared an interim dividend of $2.531 million for the 2022/2023 fiscal year, consistent with previous periods[17]. - The group declared an interim dividend of $0.15 per share, totaling $2,531,000, paid on July 7, 2023[34]. - The company paid dividends totaling $11,618 thousand for the 2022/2023 interim period, consistent with the previous year[23]. - The board announced no dividend distribution for the review quarter, consistent with the previous year[77]. Operational Insights - The company plans to focus on improving operational efficiency and exploring new market opportunities to enhance future performance[6]. - The group’s operations may be influenced by seasonal factors, particularly around major holidays and events, affecting advertising and travel revenues[30]. - The company experienced negative currency impacts of approximately $463,000 and $34,000 on revenue and pre-tax loss, respectively, due to the weakening of the Malaysian Ringgit and Canadian Dollar against the US Dollar[59]. - The travel segment's revenue increased by 262.7% year-on-year to $9,431,000 in Q3, driven by positive customer feedback on luxury tours to mainland China[62]. - The group anticipates continued growth in the travel segment, contributing significantly to sales performance despite a challenging operating environment[67]. Segment Performance - For the quarter ending December 31, 2023, total revenue was $36,363,000, with $26,932,000 from publishing and printing and $9,431,000 from travel-related services[38]. - Advertising revenue for the quarter was $17,418,000, a decrease from $20,857,000 in the same quarter last year[39]. - The publishing and printing segment in Malaysia generated $16,092,000 in revenue, while the North American segment contributed $1,676,000[38]. - Sales of newspapers, magazines, books, and digital content for the nine months ended December 31, 2023, amounted to $30,018 thousand, down from $34,484 thousand in 2022, indicating a decline of 12.83%[44]. - Advertising revenue for the nine months ended December 31, 2023, was $51,921 thousand, compared to $59,198 thousand in 2022, a decrease of 12.23%[44]. - Travel and related services revenue for the nine months ended December 31, 2023, was $31,906 thousand, significantly up from $7,602 thousand in 2022, marking an increase of 319.78%[44]. - The publishing and printing segment's revenue decreased by 15.9% to $26,932,000 from $32,018,000 in the same quarter last year, resulting in a pre-tax loss of $1,491,000[60]. - The Malaysian segment's revenue fell by 19.5% to $16,092,000, leading to a pre-tax profit decline of 82.3% to $411,000 from $2,327,000 in the same quarter last year[60]. - The Hong Kong and Taiwan segment's revenue decreased by 9.3% to $9,164,000, resulting in a quarterly loss of $997,000, compared to a break-even performance in the same quarter last year[60]. - The North American segment's revenue declined by 13.4% to $1,676,000, with a pre-tax loss widening from $798,000 to $905,000[61].

Financial Performance - Revenue for the six months ended September 30, 2023, was $77,482 thousand, an increase of 16.2% compared to $66,666 thousand in 2022[3] - Gross profit decreased to $19,628 thousand, down 22.2% from $25,118 thousand in the previous year[3] - Operating loss for the period was $4,513 thousand, compared to an operating profit of $2,421 thousand in the same period last year[3] - Net loss for the period was $5,339 thousand, a significant decline from a profit of $803 thousand in 2022[3] - Basic and diluted loss per share was $(0.29), compared to earnings of $0.06 per share in the previous year[3] - Total comprehensive loss for the period amounted to $13,705 thousand, compared to $12,280 thousand in the prior year[4] - The company reported a pre-tax loss of $5.132 million, with a net loss of $5.339 million after tax expenses of $207,000[40] - The company reported a net loss attributable to owners of $4,914,000 for the six months ended September 30, 2023, compared to a profit of $1,044,000 in the same period of 2022, resulting in a basic and diluted loss per share of 0.29 cents[62] - Despite the revenue growth, the company recorded a loss before tax of $5,132,000, a significant decline from a profit of $2,155,000 in the previous year, representing a change of -338.1%[87] Assets and Liabilities - Non-current assets decreased to $76,976 thousand from $83,818 thousand as of March 31, 2023[7] - Current assets totaled $122,900 thousand, down from $126,757 thousand at the end of the previous fiscal year[7] - Total equity attributable to owners of the company was $137,636 thousand, a decrease from $153,314 thousand as of March 31, 2023[8] - Total assets as of September 30, 2023, amounted to $199.876 million, a slight decrease from $210.575 million as of March 31, 2023[46] - The company’s total liabilities were $63.548 million, which includes $57.827 million in segment liabilities[46] - Total liabilities increased to 272,169 thousand MYR from 243,468 thousand MYR, an increase of 11.8%[135] - Equity attributable to owners decreased to 645,788 thousand MYR from 719,349 thousand MYR, a decline of 10.2%[136] Cash Flow - For the six months ended September 30, 2023, the company reported a net cash flow from operating activities of $1,196,000, a decrease of 80% compared to $5,973,000 in the same period of 2022[14] - Cash and cash equivalents decreased by $1,319,000 during the period, ending at $58,139,000 compared to $65,760,000 at the end of the previous period[14] - The company reported a net cash outflow from investing activities of $40,000, a significant decrease from $3,883,000 in the prior year[14] - The company’s cash flow from financing activities resulted in a net outflow of $2,475,000, slightly improved from $2,720,000 in the previous year[14] - Operating cash flow for the six months ended September 30, 2023, was 5,613 thousand MYR, a decrease of 80% from 28,025 thousand MYR in the previous year[141] - Cash and cash equivalents decreased by 6,187 thousand MYR during the period, compared to an increase of 33,482 thousand MYR in the same period last year[141] Revenue Breakdown - The total revenue for the six months ended September 30, 2023, was $77.482 million, with $55.007 million from publishing and printing and $22.475 million from travel-related services[40] - The advertising revenue amounted to $34.503 million, with contributions of $18.906 million from Malaysia, $13.214 million from Hong Kong and Taiwan, and $2.383 million from North America[40] - Revenue from newspaper, magazine, book, and digital content sales was $20.504 million, down from $23.323 million in the previous year, a decrease of about 12%[44] - Advertising revenue decreased to $34.503 million from $38.341 million, reflecting a decline of approximately 10%[44] - The travel segment saw a remarkable revenue increase of 349.3%, rising from $5,002,000 to $22,475,000, resulting in a profit before tax of $1,082,000, compared to a loss of $344,000 in the prior year[88] - Conversely, the publishing and printing segment's revenue decreased by 10.8% from $61,664,000 to $55,007,000, leading to a loss before tax of $5,879,000, down from a profit of $2,821,000[88] Financial Risks and Governance - The group continues to face various financial risks, including market risk, credit risk, and liquidity risk, with no significant changes in risk management policies since March 31, 2023[26][27] - The company is committed to adhering to the Malaysian Code of Corporate Governance and has implemented its principles and recommendations to maintain high governance standards[122] - The audit committee regularly meets with management and external auditors to discuss audit procedures and the effectiveness of the group's risk management and internal control systems[124] - The company has established a remuneration committee to review the remuneration policies for directors and senior management, ensuring alignment with the company's performance and market statistics[125] - The company has a nomination committee responsible for reviewing the structure and composition of the board, ensuring effective governance practices[126] Employee and Management Information - The company has 2,684 employees as of September 30, 2023, a decrease from 2,795 employees as of March 31, 2023, indicating a reduction of approximately 4% in workforce size[118] - The company’s major management remuneration increased to $1,034,000 for the six months ended September 30, 2023, compared to $955,000 in the previous year, reflecting a rise of 8.3%[84] Market and Strategic Focus - The company aims to enhance operational efficiency and optimize costs across all business units, particularly in printing and editorial functions, in the second half of the fiscal year[93] - The company is focusing on expanding its business in mainland China and the Greater Bay Area, collaborating with government agencies to host influential seminars to promote economic development[94] - The group remains cautious about geopolitical tensions that may affect travel confidence and business performance[98] - The group anticipates continued improvement in the travel business, supported by the recovery of airline operations and strong travel demand[102]

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布之內容 概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就 因本公布全部或任何部分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。 MEDIA CHINESE INTERNATIONAL LIMITED 世 界 華 文 媒 體 有 限 公 司 （於 百 慕 達 註 冊 成 立 之 有 限 公 司） （馬 來 西 亞 公 司 編 號：200702000044） （香 港 股 份 代 號：685） （馬 來 西 亞 股 份 代 號：5090） 截 至2023年9月30日 止6個 月 之 中 期 財 務 業 績 公 布 世界華文媒體有限公司（「本公司」）董事宣布，本公司及其附屬公司（統稱「本 集團」）截至2023年9月30日止6個月之未經審核綜合中期業績，連同2022年 同期之比較數字如下： 簡明綜合損益表 （未經審核） 截至9月30日止6個月 附註 2023年 2022年 千美元 千美元 營業額 4 77,482 66,666 已售貨品成本 (57,854) (41,548) 毛利 19,628 25,118 其他收入 5 2,884 ...