Revenue and Sales Performance - The total revenue for the six months ended September 30, 2024, was approximately HKD 394,121,000, an increase from HKD 385,899,000 in the same period of 2023[17] - Domestic sales in China accounted for HKD 338,777,000, representing 87.2% of total sales, slightly down from 87.6% in 2023[17] - For the six months ended September 30, 2024, the company's revenue increased by approximately 2.1% to about HKD 394,100,000, compared to approximately HKD 385,900,000 in the same period of 2023[31] - The company's revenue from goods sales for the period was approximately HKD 388.6 million, a 1.5% increase from HKD 382.8 million in the same period of 2023[56] - Revenue from corrugated products and offset printed corrugated products was HKD 388,585,000 for the six months ended September 30, 2024, compared to HKD 382,821,000 for the same period in 2023[164] Profitability and Loss - The gross profit for the period was approximately HKD 71,000,000, with a gross margin of 18.0%, compared to HKD 67,200,000 and 17.4% in the same period last year[20] - The net loss for the period decreased by approximately 21.1% to about HKD 7,500,000, down from approximately HKD 9,500,000 in the same period of 2023[34] - The net loss for the period was approximately HKD 7.5 million, an improvement from a net loss of HKD 9.5 million in the same period of 2023, resulting in a net loss margin of about 1.9%[62] - The total comprehensive loss for the period was HKD 5,641,000, a significant improvement from HKD 27,412,000 in the previous period, reflecting a decrease of approximately 79.5%[1] - The company incurred a loss before tax of HKD 5,980,000, an improvement from a loss of HKD 8,874,000 in the prior period, reflecting a reduction of approximately 32.3%[1] Operating Expenses and Cost Management - Other operating expenses for the period were approximately HKD 12,400,000, primarily due to one-time costs related to the sale and write-off of factory machinery and equipment[22] - Selling expenses increased from approximately HKD 27,700,000 in the same period of 2023 to about HKD 31,300,000, while administrative expenses significantly decreased by about 15.8% to approximately HKD 34,000,000[41] - The company continues to focus on high-value printed corrugated packaging products and has implemented cost-effective control measures to maintain operational stability amid a challenging business environment[27] Strategic Initiatives and Market Position - The company aims to expand its domestic market presence and revenue sources while enhancing production efficiency through strategic adjustments in its sales mix[13] - The company plans to integrate production lines from its Huizhou and Dongguan factories to maximize production efficiency and reduce fixed costs[13] - The company plans to establish a joint venture in Thailand in March 2024 to capitalize on supply chain shifts to Southeast Asia and seek strategic partnerships and potential acquisitions to expand market share[77] - The company remains cautiously optimistic about the long-term prospects of the paper packaging industry, driven by sustainable material trends and demand from both traditional and non-retail sectors[5] Financial Position and Liquidity - As of September 30, 2024, the company's bank and cash balance was approximately HKD 111.9 million, down from HKD 138.9 million as of March 31, 2024[47] - The company's current ratio as of September 30, 2024, was maintained at a solid level of 1.16, compared to 1.13 as of March 31, 2024[62] - The debt-to-asset ratio was approximately 10.4% as of September 30, 2024, slightly down from 10.5% as of March 31, 2024, demonstrating effective financial management[69] - The company has approximately HKD 458.2 million in unused bank financing as of September 30, 2024, compared to HKD 437.9 million as of March 31, 2024, ensuring future cash flow[47] Employee and Compensation - Total employee compensation expenses for the period were approximately HKD 52.6 million, down from HKD 60.2 million in the same period last year, with total employees decreasing from 785 to 667[75] - The company’s total employee compensation, including directors' remuneration, was HKD 52,558 million, down from HKD 60,163 million, reflecting a reduction in overall employee costs[198] Tax and Regulatory Matters - The company has received estimated tax assessments totaling approximately HKD 30.7 million from the Hong Kong Inland Revenue Department for the years 2009/10 to 2017/18, and has lodged objections against these assessments[73] - The company’s subsidiaries in China qualified for a reduced corporate income tax rate of 15% due to their status as high-tech enterprises[153] Foreign Exchange and Risk Management - The company is closely monitoring foreign exchange risks and will consider appropriate actions to hedge significant foreign exchange exposures as needed[70] - The net foreign exchange loss was HKD 93 million, compared to a net gain of HKD 2,127 million in the previous year, indicating a significant shift in foreign exchange performance[198]

Financial Performance - The company reported a revenue of HKD 394,121,000 for the six months ending September 30, 2024, compared to HKD 385,899,000 for the same period in 2023, representing a year-over-year increase of approximately 3.2%[2] - The gross profit for the period was HKD 71,032,000, up from HKD 67,221,000 in the previous year, indicating a growth of about 5.3%[2] - The net loss for the six months was HKD 7,502,000, an improvement from a net loss of HKD 9,519,000 in the same period last year, reflecting a reduction in losses of approximately 21.2%[4] - The total comprehensive income for the period was HKD (5,641,000), significantly better than HKD (27,412,000) in the previous year, showing a substantial decrease in comprehensive losses[4] - Basic and diluted loss per share improved to HKD (2.30) from HKD (2.87) year-over-year, indicating a positive trend in loss per share[4] - The company reported a loss attributable to owners of the company of HKD (7,626,000) for the six months ended September 30, 2024, compared to a loss of HKD (9,515,000) for the same period in 2023, indicating an improvement of 20%[48] - The net loss decreased by approximately 21.1% to about HKD 7,500,000, down from HKD 9,500,000 in the same period last year[65] Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 394,121,000, with contributions from corrugated products (HKD 294,176,000), flexo-printed corrugated products (HKD 114,788,000), and property leasing (HKD 5,536,000) [21] - For the six months ended September 30, 2023, total revenue was HKD 385,899,000, with contributions from corrugated products (HKD 304,538,000), flexo-printed corrugated products (HKD 105,591,000), and property leasing (HKD 3,078,000) [25] - Revenue from property investment increased significantly by approximately 77.4% to about HKD 5,500,000, compared to HKD 3,100,000 in the previous year[77] Assets and Liabilities - The company's total assets as of September 30, 2024, were HKD 612,910,000, down from HKD 654,349,000 as of March 31, 2024[6] - Current liabilities increased to HKD 390,693,000 from HKD 390,668,000, indicating a slight rise in obligations[6] - The company’s net asset value decreased to HKD 509,987,000 from HKD 515,628,000, reflecting a decline in equity[8] - As of September 30, 2024, total assets for the corrugated products segment were HKD 482,942,000, flexo-printed corrugated products segment were HKD 196,602,000, and property leasing segment were HKD 356,215,000, totaling HKD 1,035,759,000 [29] - Total liabilities for the corrugated products segment were HKD 319,532,000, flexo-printed corrugated products segment were HKD 99,945,000, and property leasing segment were HKD 5,382,000, totaling HKD 424,859,000 [29] Operational Efficiency - The company is focused on improving operational efficiency and exploring new market opportunities to enhance future performance[2] - The company plans to integrate production lines from its Huizhou and Dongguan factories to maximize production efficiency due to the relocation of its factory in the Tangxia community[61] - The company continues to implement cost control measures to maintain operational stability amid a challenging business environment[60] - The company aims to continue improving internal controls and enhance profitability through regional operational integration and production line consolidation[80] Cash Flow and Financing - The company had bank and cash balances of approximately HKD 111,900,000 as of September 30, 2024, down from HKD 138,900,000 as of March 31, 2024[99] - The company has unutilized bank financing of approximately HKD 458,200,000 to ensure future cash flow[99] - The company has pledged assets with a net book value of approximately HKD 272,700,000 as collateral for bank financing as of September 30, 2024[103] Employee and Compensation - The group employed a total of 667 employees as of September 30, 2024, down from 785 employees as of March 31, 2024[106] - Total employee compensation expenses, including directors' remuneration, amounted to approximately HKD 52.6 million for the period, compared to HKD 60.2 million in the same period last year[106] Market Outlook - The group is optimistic about the long-term prospects of the paper packaging industry, driven by the recovery of demand in e-commerce and supportive government policies in China[109] - Online retail sales in China grew by 8.1% year-on-year, indicating a shift in consumer behavior that may benefit the company's future prospects in the paper packaging industry[58] - The group plans to establish a joint venture in Thailand in March 2024 to capitalize on supply chain shifts to Southeast Asia and seek strategic partnerships and potential acquisitions[110] Other Income and Expenses - Total other income for the six months ended September 30, 2024, was HKD 8,356,000, compared to HKD 3,146,000 for the same period in 2023, representing a significant increase of 165%[32] - The total financial costs decreased to HKD 10,939,000 for the six months ended September 30, 2024, down from HKD 13,358,000 in the same period of 2023, reflecting a reduction of 18%[37] - The company incurred a loss on the sale of properties, plants, and equipment amounting to HKD 4,055,000 during the six months ended September 30, 2024[46] - The company received government grants amounting to HKD 843,000, significantly higher than HKD 404,000 in the previous year, marking an increase of 109%[32] Compliance and Reporting - The company anticipates that the application of new Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements in the foreseeable future [20] - The company has not early adopted the newly issued but not yet effective Hong Kong Financial Reporting Standards [20] - The company reported a pre-tax loss of HKD 5,980,000 for the period [21]

COME SURE GROUP (HOLDINGS) LIMITED 承董事會命 錦勝集團（控股）有限公司 主席 莊金洲 香港，二零二四年十一月十八日 於本公佈日期，董事局包括三名執行董事莊金洲先生、莊華彬先生及莊華清先生； 以及三名獨立非執行董事徐珮文女士、羅子璘先生及張宏業先生。 錦 勝 集 團（ 控 股 ）有 限 公 司* （於開曼群島註冊成立之有限公司） （股份代號：00794） 董事局會議召開通告 錦勝集團（控股）有限公司（「本公司」）董事局（「董事局」）宣佈，本公司將於二零 二四年十一月二十九日（星期五）於香港柴灣永泰道50號港利中心8字樓8-10室舉行 董事局會議，董事局將於會上（其中包括）考慮並批准本公司及其附屬公司截至二 零二四年九月三十日止六個月的中期業績及其刊發，以及考慮建議派發中期股息（如 有）。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 * 僅供識別 ...

Financial Performance - The group's revenue slightly decreased this year, but gross profit increased to approximately HKD 131.7 million, with a gross margin of 17.2%, compared to HKD 118.3 million and approximately 15.0% in 2023[7] - The group's revenue for the fiscal year ended March 31, 2024, was approximately HKD 764.5 million, a slight decrease of about 2.9% compared to HKD 787.1 million in the previous year[49] - The group's net loss for the fiscal year was approximately HKD 15.8 million, significantly improved from a net loss of approximately HKD 67.2 million in the previous year[50] - The group's gross profit for the fiscal year was HKD 131.7 million, compared to HKD 118.3 million in the previous year[49] - The revenue from the Guangdong business segment was approximately HKD 733.7 million, down from HKD 773.3 million in the previous year[55] - The total revenue of China's paper and paper products industry decreased by 2.4% year-on-year to approximately RMB 139.26 billion in 2023[67] - The total comprehensive income for the year is reported as HKD (30,250) million, compared to HKD (97,486) million in the previous year[145] Cost Control and Efficiency - The group implemented strict cost control measures, enhancing procurement and production integration, which improved operational efficiency and reduced fixed costs[28] - The gross profit margin improvement was attributed to effective cost control and operational integration at the new Dongguan facility[7] - Sales expenses decreased by approximately 13.3% to about HKD 59,100,000, down from HKD 68,100,000, due to strict cost control measures[83] - Administrative expenses also reduced by about 13.1% to approximately HKD 77,600,000, compared to HKD 89,300,000 in the previous year[83] Market Strategy and Expansion - The group aims to expand its domestic market customer base and increase sales of packaging products to the medical equipment sector[28] - The group plans to continue expanding its market share through strategic partnerships and potential acquisitions[43] - The company continued to expand its domestic market presence, particularly in the medical equipment sector, leading to an increase in sales orders[84] - The strategic shift towards increasing the sales proportion of cardboard and semi-finished products has enhanced sales volume and operational efficiency despite lower unit prices[74] Investment and Property Management - The group's investment property fair value gain was approximately HKD 24.9 million, compared to a fair value loss of approximately HKD 9 million in the previous year[50] - The company anticipates increased rental income from the property previously used as a production base, which was leased out in June 2024[63] - As of March 31, 2024, the carrying value of investment properties was approximately HKD 348,108,000, with a fair value increase of about HKD 24,872,000 recognized during the year[104] - The group employs independent professional valuers to assess the fair value of investment properties, ensuring appropriate valuation techniques and input data are established[104] Risk Management and Compliance - The group plans to strengthen internal cost and risk management measures in response to global risks such as inflation and geopolitical tensions[31] - The group will continue to review and enhance its internal controls and risk management systems to maintain competitive advantages in a challenging market[7] - The company is actively reviewing internal controls and risk management systems to adapt to potential market changes and ensure sustainable business growth[72] - The group’s financial risk management includes market risk, credit risk, and liquidity risk, with management policies in place to mitigate these risks[185] Corporate Social Responsibility - The company is committed to corporate social responsibility and adhering to high environmental standards in production technology[31] - The company is committed to corporate social responsibility and compliance with various environmental management standards[65] Financial Reporting and Audit - The financial statements were approved and authorized for issue by the board on June 28, 2024[137] - The independent auditor's report concluded on the appropriateness of the going concern basis used by the board, highlighting potential significant uncertainties that could impact the group's ability to continue[109] - The group recognizes gains or losses from changes in the fair value of investment properties in the profit or loss for the period[116] - The group applies new Hong Kong Financial Reporting Standards, which are not expected to have a significant impact on the consolidated financial statements in the foreseeable future[166]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分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。 COME SURE GROUP (HOLDINGS) LIMITED 錦 勝 集 團（ 控 股 ）有 限 公 司* （於開曼群島註冊成立之有限公司） （股份代號：00794） 截至二零二四年三月三十一日止年度 業績公佈 集團業績 錦勝集團（控股）有限公司（「本公司」）之董事（「董事」）局（「董事局」）欣然公佈， 本公司及其附屬公司（統稱「本集團」）截至二零二四年三月三十一日止年度（「本年 度」或「年內」）之經審核綜合業績如下： 綜合損益表 截至二零二四年三月三十一日止年度 | | | 二零二四年 | 二零二三年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收益 | 2 | 764,520 | 787,078 | | 銷售成本 | | (632,781) | (668,789) | | 毛利 | | 131,739 | 118,289 | | 其他收 ...

Financial Performance - The company's revenue decreased by approximately 19.1% to about HKD 385.9 million during the period[13]. - Gross profit for the period fell by approximately 16.5% to about HKD 67.2 million, compared to HKD 80.5 million in the same period last year[13]. - The net loss for the period was approximately HKD 9.5 million, resulting in a net loss margin of 2.5%, compared to a net loss margin of 1.8% in the same period of 2022[30]. - Revenue for the six months ended September 30, 2023, was approximately HKD 385.9 million, a decrease of 19.1% compared to HKD 476.9 million in the same period of 2022[18]. - The company reported a loss before tax of HKD 8.9 million, compared to a loss of HKD 5.9 million in the previous year, indicating a worsening financial performance[65]. - The total comprehensive income for the six months ended September 30, 2023, was a loss of HKD 27,406,000, compared to a loss of HKD 51,092,000 for the same period in 2022, representing a 46.3% improvement[69]. - The basic and diluted loss per share for the period was HKD 2.87, compared to HKD 2.44 in the previous year[65]. - The company reported a loss attributable to owners of HKD 9,515,000 for the six months ended September 30, 2023, compared to a loss of HKD 8,388,000 in the same period of 2022[107]. Cost Management - The average selling price of the company's products decreased due to increased sales of lower-cost products[13]. - The company maintained a focus on internal cost control measures to ensure effective resource allocation[14]. - Sales and administrative expenses decreased to approximately HKD 27.7 million from HKD 41.8 million in the same period of 2022, while administrative expenses decreased by 13.7% to approximately HKD 40.4 million[28]. - The total employee costs for the six months ended September 30, 2023, were HKD 60,163,000, down 24.5% from HKD 79,638,000 in the previous year[105]. Operational Efficiency - The company plans to implement production integration to enhance production capacity and efficiency[14]. - The company aims to enhance cost and production efficiency through resource and production integration, leveraging its production capacity in Dongguan[44]. - The cash conversion cycle improved to 84 days from 103 days, attributed to a strategic focus on producing cardboard and semi-finished packaging products[34]. - The company is adjusting its product strategy to focus on semi-finished packaging products and cardboard, which have increased domestic sales orders and shortened cash conversion cycles[44]. Market and Sales - The company successfully expanded its sales orders in the domestic market, particularly in the medical equipment sector[13]. - The demand for quality paper packaging products is expected to continue growing in the long term due to the development of the express delivery industry[10]. - Revenue from corrugated products was HKD 304.538 million, while revenue from flexographic printed corrugated products was HKD 105.591 million, with no revenue from property leasing[82]. Financial Position - The net asset value as of September 30, 2023, was HKD 509.1 million, down from HKD 535.9 million as of March 31, 2023[67]. - Current assets increased to HKD 423.5 million from HKD 394.7 million, reflecting improved liquidity[67]. - The company's total assets decreased from HKD 638,455,000 to HKD 535,927,000 as of April 1, 2023, indicating a 16.1% reduction[69]. - The total bank borrowings as of September 30, 2023, were approximately HKD 163.7 million, with HKD 128.5 million due within one year[36]. Governance and Compliance - The board is committed to maintaining appropriate corporate governance practices to safeguard shareholder interests and ensure compliance with statutory regulations[53]. - The company has adhered to the applicable provisions of the corporate governance code during the reporting period[54]. - All board members have confirmed compliance with the standards set forth in the trading code during the reporting period[56]. Investment and Future Plans - The company plans to invest more resources to capture growth opportunities in green paper packaging, particularly in China and Southeast Asia[44]. - The company has adopted a cautious approach in light of economic uncertainty, with no major investment plans currently in place[45]. Risk Management - The company continues to monitor foreign exchange risks and will consider appropriate hedging actions as necessary[38]. - The company is implementing a diversified procurement strategy to mitigate risks associated with reliance on specific suppliers or regions, ensuring stable raw material supply while maintaining quality standards[44].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分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。 COME SURE GROUP (HOLDINGS) LIMITED 錦 勝 集 團（ 控 股 ）有 限 公 司* （於開曼群島註冊成立之有限公司） （股份代號：00794） 截至二零二三年九月三十日止六個月 中期業績公佈 集團業績 錦勝集團（控股）有限公司（「本公司」）之董事（「董事」）局（「董事局」）欣然公佈， 本公司及其附屬公司（統稱「本集團」）截至二零二三年九月三十日止六個月之未經 審核綜合業績如下： 綜合損益及其他全面收入報表 截至二零二三年九月三十日止六個月 截至九月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 （未經審核） （未經審核） 收益 3 385,899 476,948 銷售成本 (318,678) (396,461) ...

Financial Performance - The company's revenue for the fiscal year ending March 31, 2023, was HKD 787,078,000, a decrease of 33.2% compared to HKD 1,177,271,000 in the previous year[10]. - Gross profit for the same period was HKD 118,289,000, resulting in a gross margin of approximately 15.0%[10]. - The company recorded a net loss of HKD 67,236,000 for the fiscal year, compared to a net profit of HKD 39,882,000 in the previous year[10]. - Total assets decreased to HKD 1,068,862,000 from HKD 1,299,264,000 in the previous year, reflecting a decline of 17.7%[11]. - The company's revenue decreased by approximately 33.1% to about HKD 787.1 million in the current year, compared to HKD 1,177.3 million in the previous year[30]. - Gross profit for the year fell by about 35.1% to approximately HKD 118.3 million, down from HKD 182.3 million in the previous year[30]. - The overall gross margin slightly decreased to about 15.0%, compared to 15.5% in the previous year[31]. - The company recorded a net loss of approximately HKD 67.2 million, compared to a net loss of HKD 39.9 million in the previous year[32]. - Revenue from Guangdong operations decreased to approximately HKD 773.3 million in 2023, down from HKD 1,096.1 million in 2022, a decline of about 29.5%[40]. - The gross profit margin for the group was maintained at approximately 15.0% in 2023, compared to 15.5% in 2022[42]. - Other income for the year was approximately HKD 10.4 million, significantly down from HKD 63.6 million in 2022, primarily due to a one-time relocation compensation received in the previous year[45]. - Sales and administrative expenses decreased to approximately HKD 68.1 million in 2023, down from HKD 89.8 million in 2022[49]. - The net loss for the year was approximately HKD 67.2 million, compared to a net loss of HKD 39.9 million in 2022, resulting in a net loss margin of 8.5%[53]. Business Strategy and Development - The company has diversified its product mix and customer base, focusing on the production of cardboard and semi-finished products to meet changing logistics demands[14]. - The company successfully expanded its customer base in the medical industry, which is expected to contribute significantly to future growth[14]. - The company plans to continue adjusting its business development strategies to enhance resilience and establish a solid foundation for long-term sustainable financial performance[15]. - The company plans to invest further resources to support long-term business expansion in China, leveraging its production capacity in Dongguan[20]. - The company aims to maintain strict cost control while expanding its customer base and product offerings in the domestic market[30]. - The group aims to expand and diversify its customer base, particularly in industries with growth potential such as healthcare, in response to declining demand in the home appliance sector[77]. - The group plans to allocate more resources to semi-finished packaging products, such as cardboard production, which typically have a shorter cash cycle[77]. - The group will maintain long-term relationships with existing suppliers and implement a diversified procurement strategy for domestic and imported raw materials to ensure stable and quality supply[77]. Corporate Governance - The board of directors is committed to maintaining appropriate corporate governance practices to safeguard shareholder interests and ensure compliance with statutory regulations[82]. - The board consists of six members, including three executive directors and three independent non-executive directors, ensuring a strong independent element for effective decision-making[90]. - The board meets at least four times a year, with additional special meetings as necessary to address any concerns[92]. - The board held four meetings during the year to review operational performance and market conditions, and to approve overall strategies and annual/interim results[96]. - The audit committee held three meetings to consider the reappointment of external auditors and reviewed the audited consolidated financial statements for the year[109]. - The company has established four board committees: Audit Committee, Remuneration Committee, Nomination Committee, and Executive Committee, each with defined responsibilities[106]. - The nomination committee is responsible for reviewing the board's structure and composition to ensure it meets the company's development needs[102]. - The audit committee monitors the completeness of the company's financial statements and reviews significant financial reporting judgments[110]. - The company encourages directors to participate in relevant professional development courses to continuously improve their skills[96]. Risk Management and Internal Control - The group has established effective risk management and internal control systems, complying with Code Principle D.2, with no significant risks identified during the annual risk assessment[135]. - The internal control system aligns with the COSO 2013 framework, ensuring operational effectiveness, reliability of financial reporting, and compliance with applicable laws[136]. - The board is responsible for reviewing the effectiveness of the risk management and internal control systems annually, considering changes in significant risks and the group's ability to respond to business and external environment changes[142]. Environmental and Social Responsibility - The company is committed to corporate social responsibility and adheres to high environmental standards in its production processes[20]. - The group is committed to minimizing environmental impact through energy conservation and encouraging the recycling of office supplies[199]. - The group operates its facilities in strict compliance with relevant environmental regulations and possesses all necessary permits issued by Chinese regulatory authorities[199]. Shareholder Engagement - The company encourages shareholders to attend the annual general meeting to provide feedback and engage with the board[146]. - The annual general meeting is scheduled for September 1, 2023, with notices and relevant information to be sent to shareholders at least 21 days prior to the meeting[146]. - The company emphasizes transparency and values shareholder feedback, encouraging communication with the investor relations team[157].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分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。 COME SURE GROUP (HOLDINGS) LIMITED 錦 勝 集 團（ 控 股 ）有 限 公 司* （於開曼群島註冊成立之有限公司） （股份代號：00794） 截至二零二三年三月三十一日止年度 業績公佈 集團業績 錦勝集團（控股）有限公司（「本公司」）之董事（「董事」）局（「董事局」）欣然公佈， 本公司及其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止年度（「本年 度」或「年內」）之經審核綜合業績如下： 綜合損益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 收益 2 787,078 1,177,271 銷售成本 (668,789) (995,012) 毛利 118,289 182,259 其他收入 3 10,449 63,602 其他收益及虧損 4 (8,546) 12,193 銷售費用 (68,097) (89,783) 行政費用 (89,3 ...

Economic Performance - In the six months ending September 30, 2022, China's GDP growth rates were 0.4% and 3.9% for the second and third quarters, respectively, compared to 7.9% and 4.9% in the same periods of 2021[11]. - The total retail sales of consumer goods in China for the first nine months of 2022 grew by 0.7% year-on-year, reaching approximately RMB 32,031 billion, with online retail sales increasing by 4.0% to about RMB 9,588.4 billion[11]. - The profit of large paper and paper product manufacturers in China decreased by approximately 42.0% year-on-year in the first three quarters of 2022, highlighting the operational pressures faced by the industry[12]. - The exchange rate of RMB to USD reached a new low since 2011 at RMB 7.0998 per USD on September 30, 2022, compared to RMB 6.4854 per USD on September 30, 2021[12]. Company Performance - The company's revenue decreased by approximately 24.3% to about HKD 476,900,000 compared to HKD 630,100,000 in the same period last year[16]. - The gross profit for the period was approximately HKD 80,500,000, a decrease of about 2.4% from HKD 82,500,000 in the previous year, while the overall gross margin increased to approximately 16.9% from 13.1%[17]. - The company recorded a net loss of approximately HKD 8,400,000, an improvement from a net loss of HKD 9,100,000 in the same period last year[18]. - The total comprehensive loss for the period was HKD 51,092,000, compared to a loss of HKD 2,349,000 in the previous year, showing a significant increase in losses[84]. Operational Challenges - Increased logistics costs due to global supply chain tensions and inflation have pressured the profitability of paper packaging manufacturers[12]. - The retail trade in the domestic market was negatively impacted by COVID-19 control measures, yet the company continues to seize significant opportunities in the market[14]. - The company is committed to providing high-quality packaging products and value-added services to sustain orders from loyal customers despite the challenging economic environment[23]. Financial Management - The group recorded other losses of approximately HKD 1,800,000 compared to other income of HKD 6,500,000 in the previous year, mainly due to fair value losses on investment properties[35]. - Sales expenses decreased to approximately HKD 41,800,000 from HKD 46,600,000 year-on-year, while administrative expenses reduced to approximately HKD 46,800,000 from HKD 61,700,000, reflecting enhanced internal controls and risk management[33]. - The cash conversion cycle increased to 100 days from 80 days year-on-year[40]. - The group had unutilized bank financing of approximately HKD 766,000,000 to ensure future cash flow[42]. Strategic Initiatives - The company aims to diversify its customer base while continuing to expand strategically in the domestic market[14]. - The company plans to enhance resource integration and optimize capacity allocation to expand and diversify its customer base in response to market changes[18]. - The group aims to focus resources on developing the domestic paper packaging production business to maintain stable growth amid challenging market conditions[52]. - The group emphasizes a diversified procurement strategy to maintain a flexible and cost-effective supply of raw materials from both domestic and overseas suppliers[52]. Human Resources - As of September 30, 2022, the group employed a total of 1,040 employees, down from 1,174 employees as of March 31, 2022[50]. - Total employee compensation expenses, including director remuneration, amounted to approximately HKD 79.6 million, compared to HKD 103.1 million for the same period last year, reflecting a decrease of about 22.9%[50]. Shareholder Information - Major shareholders include Perfect Group Version Limited, which holds 233,000,000 shares, representing 67.76% of the issued shares[61]. - The CEO and other senior management are considered to have interests in the shares held by Perfect Group, which also amounts to 233,000,000 shares or 67.76%[60]. Tax and Compliance - The group has several subsidiaries in China that qualify for a reduced corporate tax rate of 15% due to their status as high-tech enterprises[135]. - The group has not recognized any tax provisions for the six months ended September 30, 2022, due to ongoing discussions with the tax authority regarding tax assessments[139]. - The group has received estimated tax assessments from the Hong Kong Inland Revenue Department totaling HKD 23,247,000 for the tax years from 2009/10 to 2015/16[160]. Investment and Capital Expenditure - The group had capital expenditures contracted but not yet provided for approximately HKD 7,500,000, an increase from HKD 5,800,000 as of March 31[47]. - The company acquired property, plant, and equipment for approximately HKD 4,678,000 during the reporting period[146]. Market Conditions - The group will adjust its sales and marketing strategies in a timely manner based on the latest market conditions while adhering to strict risk control management[52]. - There are no significant investment plans under the current uncertain economic conditions, but the group will review its investment portfolio as necessary to achieve sustainable profitability[53].