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告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告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。 ELEGANCE OPTICAL INTERNATIONAL HOLDINGS LIMITED 高 雅 光 學 國 際 集 團 有 限 公 司 （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號：907） 截至二零二五年三月三十一日止年度之全年業績 高雅光學國際集團有限公司（「本公司」）董事會（「董事會」或「董事」）謹此公佈，本公司及 其附屬公司（統稱「本集團」）截至二零二五年三月三十一日止年度之經審核綜合財務業績， 連同二零二四年比較數字如下： 綜合損益表 截至二零二五年三月三十一日止年度 | | | 二零二五年 | 二零二四年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 持續經營業務 | | | | | 收益 | 5 | 14,457 | 23,989 | | 銷售及服務成本 | | (13,423) | (19,115) ...

Revenue Performance - Revenue from the film and film rights investment business increased from HKD 1,700,000 to HKD 2,000,000, reflecting a strategic shift towards film investment projects due to improved industry conditions[4] - The group's total revenue decreased from HKD 10,296,000 to HKD 7,096,000, representing a decline of approximately 30.6% year-on-year[22] - Revenue from external customers totaled HKD 7,096,000 for the six months ended September 30, 2024, a decrease from HKD 10,296,000 in the same period of 2023[80] - Total revenue for the six months ended September 30, 2024, was HKD 7,096,000, a decrease of 31.4% compared to HKD 10,296,000 for the same period in 2023[93] - Sales of goods at a point in time amounted to HKD 4,833,000, down 38.5% from HKD 7,859,000 in the previous year[93] - Revenue from film distribution and commission income increased to HKD 2,023,000, up 16.5% from HKD 1,737,000 in the prior year[93] - For the six months ended September 30, 2024, the eyewear business generated revenue of approximately HKD 4,800,000, a decrease from HKD 7,900,000 in the same period last year[168] - Revenue from the European market decreased to HKD 722,000 from HKD 3,010,000 year-over-year[80] Profitability and Losses - The gross profit margin decreased from HKD 1,627,000 to HKD 1,265,000, indicating a reduction in profitability[22] - The group recorded a pre-tax loss of HKD 13,787,000 compared to a loss of HKD 9,495,000 in the previous year, marking a year-on-year increase in losses of approximately 45.5%[22] - The company incurred a total comprehensive loss of (13,802) thousand HKD for the period, compared to a loss of (9,219) thousand HKD in the previous year[25] - The company reported a net loss of approximately HKD 13,787,000 for the six months ended September 30, 2024[51] - The company reported a loss attributable to owners of HKD 13,787,000 for the period, compared to a loss of HKD 9,495,000 in the same period last year[90] - The company incurred a loss before tax of HKD 13,787,000 for the reporting period[60] Financial Position and Liquidity - Cash and cash equivalents decreased from HKD 7,100,000 to HKD 4,300,000, indicating a decline in liquidity[21] - The company's cash and cash equivalents decreased to 4,021 thousand HKD from 7,192 thousand HKD year-over-year[48] - The company has a current liability exceeding current assets by 49 million HKD, an increase from 34.2 million HKD as of March 31, 2024[40] - Current liabilities exceeded current assets by approximately HKD 48,609,000 as of September 30, 2024[51] - The company has obtained external credit financing to improve its liquidity and financial condition[40] Debt and Financial Risk - Short-term borrowings increased significantly from HKD 13,100,000 to HKD 42,900,000, reflecting a rise in financial leverage[21] - The debt-to-equity ratio rose to approximately 30.8% from 6.3%, indicating increased financial risk[21] - The group has assessed that the default risk of its interest-bearing borrowings is not significant as of September 30, 2024[143] - As of September 30, 2024, the company had no debts secured against its assets[175] Operational Changes and Strategies - The company aims to strengthen partnerships within the film industry and is actively seeking further collaboration and investment opportunities[20] - The company has implemented various measures to optimize its sales network and control costs to improve profitability and cash flow[31] - The company is facing unprecedented challenges due to rising production costs in mainland China and increased competition from lower-cost Southeast Asian manufacturers[172] - The company is implementing a long-term strategy to diversify its supply chain by establishing partnerships with cost-competitive suppliers in Southeast Asia[172] - The company is shifting its focus to procurement services for eyewear products to alleviate pressure from high manufacturing costs and better meet customer demands[168] - The recent sales momentum in the eyewear business is showing positive trends despite the temporary decrease in revenue due to business transformation[168] Employee and Operational Metrics - The company employed 24 full-time employees as of September 30, 2024, a significant decrease from 166 employees in the previous year[39] - Employee benefits expenses totaled HKD 6,281,000, compared to HKD 6,948,000 in the prior year[87] Investment and Assets - The company reported an increase in inventory to 283 thousand HKD from 209 thousand HKD year-over-year[44] - The company’s investment in film copyrights increased to 25,400 thousand HKD from 4,162 thousand HKD year-over-year[44] - The company reported a net cash outflow from investing activities of (21,223) thousand HKD, compared to (10,298) thousand HKD in the previous year[48] Governance and Shareholder Information - The group has adopted and complied with the corporate governance code as per the listing rules, with no significant deviations reported[138] - Major shareholders include Zhu Guohua with 29.89% and Wang Yichuan with 11.95% of the issued ordinary shares as of September 30, 2024[135] - The company has no issued potential dilutive ordinary shares as of September 30, 2024[100] Related Party Transactions and Credit Risk - Related party transactions included accounting fees received from related companies amounting to HKD 690,000, down from HKD 990,000 in the previous year[112] - The group maintains strict control over outstanding receivables to minimize credit risk, with overdue balances reviewed regularly by senior management[121] - The group has a maximum credit period ranging from 45 to 120 days for its customers, with new customers generally required to make advance payments[121] - The group has no significant concentration of credit risk as receivables are related to multiple customers[121] Fair Value Measurements - The fair value of financial assets and liabilities is measured based on the amount that would be exchanged in an arm's length transaction between willing parties[129] - The group has not transferred between Level 1 and Level 2 in fair value measurements, nor has there been any transfer into or out of Level 3 as of March 31, 2024[130]

Financial Performance - For the six months ended September 30, 2024, the company reported a loss attributable to owners of the company of HKD 13,787,000, compared to a loss of HKD 9,495,000 for the same period in 2023, representing a 45.5% increase in losses year-over-year [4]. - The company's revenue for the six months ended September 30, 2024, was HKD 7,096,000, a decrease from HKD 10,296,000 in the same period of 2023, indicating a decline of 30.6% [2]. - Basic loss per share for the period was HKD (1.58), compared to HKD (1.09) in the previous year, reflecting a worsening in per-share performance [6]. - Total comprehensive expenses for the period, after tax, amounted to HKD 13,802,000, up from HKD 9,219,000 in the prior year, marking a 49.5% increase [11]. - The group reported a loss before tax of HKD 13,787,000 for the six months ended September 30, 2024, compared to a loss of HKD 9,495,000 for the same period in 2023 [44]. Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 7,096,000, a decrease of 30.8% compared to HKD 10,296,000 for the same period in 2023 [47]. - Revenue from sales of goods decreased to HKD 4,833,000 from HKD 7,859,000, representing a decline of 38.5% [52]. - Revenue from film distribution and commission income increased to HKD 2,023,000 from HKD 1,737,000, showing a growth of 16.5% [52]. - Revenue from external customers in Europe decreased to HKD 722,000 from HKD 3,010,000, a decline of 76.0% [47]. - Revenue from external customers in the Americas decreased to HKD 2,945,000 from HKD 3,708,000, a decline of 20.5% [47]. - Revenue from the eyewear business decreased to approximately HKD 4,800,000 for the six months ended September 30, 2024, down from HKD 7,900,000 in the same period last year, reflecting a strategic repositioning of the business [73]. - Revenue from the film business increased to HKD 2,000,000 for the current period, up from HKD 1,700,000 in the previous year, due to strategic decisions to focus resources on film investment projects [74]. - Rental income from property investments decreased to HKD 500,000 for the current period, down from HKD 700,000 in the same period last year, following the sale of several investment properties [75]. Assets and Liabilities - The company's non-current assets as of September 30, 2024, totaled HKD 53,843,000, slightly down from HKD 54,108,000 as of March 31, 2024 [14]. - Current liabilities increased to HKD 97,219,000 from HKD 71,874,000, indicating a significant rise of 35.2% [18]. - The net current liabilities as of September 30, 2024, were HKD (48,609,000), compared to HKD (35,072,000) in the previous period, showing a deterioration in liquidity [19]. - As of September 30, 2024, the group's cash and cash equivalents were approximately HKD 4,300,000, down from HKD 7,100,000 as of March 31, 2024, while short-term borrowings increased to HKD 42,900,000 from HKD 13,100,000 [83]. - The debt-to-equity ratio as of September 30, 2024, was approximately 30.8%, significantly up from 6.3% as of March 31, 2024 [83]. - The group is facing a current liability exceeding current assets by HKD 49,000,000 as of September 30, 2024, compared to HKD 34,200,000 as of March 31, 2024, prompting measures to alleviate liquidity pressure [83]. Strategic Initiatives - The company is implementing various measures to optimize its sales network and control costs to improve profitability and cash flow [25]. - The company is actively seeking alternative financing and bank loans to meet its existing financial obligations and future capital expenditures [25]. - The board believes that, with the planned measures, the company will have sufficient working capital for at least the next twelve months to meet its operational needs [27]. - The company is actively seeking further collaboration and investment opportunities with major film studios to expand its presence in the film industry, leveraging the recovery in the Hong Kong film sector supported by government policies [80]. - The company is establishing partnerships with cost-competitive suppliers in Southeast Asia to diversify its supply chain, although this transformation may impact short-term performance [79]. - The eyewear business is transitioning to a procurement and purchasing service provider to enhance flexibility and cost-effectiveness, facing challenges from a deteriorating macroeconomic environment, particularly in major markets like Europe and the US, where inflation has reduced consumer purchasing power [79]. Governance and Compliance - The group has not applied any new accounting standards that have been issued but not yet effective during the reporting period [29]. - The group’s total assets and liabilities analysis is not disclosed as there is no regular submission of such information to management [46]. - The company has adopted and complied with the corporate governance code as per the Hong Kong Stock Exchange's listing rules as of September 30, 2024 [84]. - The company has not purchased, redeemed, or sold any of its listed securities during the six months ending September 30, 2024 [86]. - The interim financial information for the six months ending September 30, 2024, has not been reviewed or audited by the company's auditors but has been reviewed by the audit committee [88]. Credit and Risk Management - Accounts receivable increased to HKD 7,878,000 as of September 30, 2024, compared to HKD 5,754,000 as of March 31, 2024, indicating a rise in credit sales [66]. - The company maintained strict control over its accounts receivable to minimize credit risk, with overdue balances regularly reviewed by senior management [66]. - The company has not recorded any revenue from debt and securities investment segments during both periods, indicating a cautious approach in volatile financial markets [77]. - The company has not generated any revenue from its energy business during the current period, consistent with the previous year [78]. - The company has not made any changes to its issued share capital during the six months ended September 30, 2024 [70]. - The company has no capital commitments for the purchase of properties, plants, and equipment as of September 30, 2024, and no contingent liabilities related to bank guarantees for its subsidiaries [81].

Climate and Sustainability - The Group has not been significantly impacted by extreme weather conditions during the reporting period due to established emergency plans[3]. - The Group expects that climate-related physical risks will not have a material impact on operations and financial performance in the short or medium term[3]. - The Group is committed to monitoring existing and emerging climate-related policies and regulations to manage transition risks[3]. - The Group emphasizes the importance of sustainability and efficient use of natural resources in its operations[1]. - The Group has set safety, security, and environmental goals to reduce waste and emissions[1]. - The Group will continue to invest in energy-efficient appliances and materials to enhance sustainability[22]. Corporate Governance - The Company has maintained high standards of corporate governance practices, complying with the Corporate Governance Code throughout the year ended March 31, 2024, with some deviations noted[45]. - The Company emphasizes transparency and accountability as key components of its corporate governance framework[45]. - The Company has established a risk management process to identify and assess significant risks[107]. - The Board has established a corporate governance function to review and monitor compliance with legal and regulatory requirements[122]. - The Company has implemented an anti-corruption policy to maintain a zero-tolerance stance against bribery and corruption[139]. - The Audit Committee reviews the effectiveness of the internal control and risk management systems annually[135]. - The Company has adopted a diversity policy for its Board to enhance performance and consider various factors such as gender, age, and professional experience[120]. Financial Performance - For the financial year ended March 31, 2024, the Group reported revenue of HK$23,989,000, a decrease from HK$38,451,000 in the previous year, representing a decline of approximately 37.5%[78]. - The loss for the year was HK$59,359,000, compared to a loss of HK$45,668,000 in the prior year, indicating an increase in losses of approximately 30%[78]. - The loss attributable to the owners of the Company was HK$59,359,000, while the previous year recorded a loss of HK$77,389,000 attributable to owners and HK$31,721,000 to non-controlling interests[78]. - The Group's financial performance over the last five years shows a significant decline in revenue from HK$66,246,000 in 2020 to HK$23,989,000 in 2024[78]. - The Company reported no reserves available for distribution or paying dividends to shareholders as of the reporting year, in accordance with Bermuda's Companies Act 1981[50]. - The Company has not declared any dividends for the year ended March 31, 2024, consistent with the previous year[151]. Board Composition and Diversity - The Company appointed Mr. Law, Michael Ka Ming and Ms. Lai Pik Chi Peggy as independent non-executive directors on May 10, 2024, ensuring compliance with Listing Rules 3.10(1) and 3.21[30]. - The Board's gender diversity target of having no less than 20% female directors was achieved with the appointment of Ms. Lai Pik Chi Peggy, following a recommendation from the Nomination Committee[37]. - The Board composition reflects a diverse mix of educational background, professional knowledge, and industry experience, although it initially lacked female representation until recent appointments[36]. - The Nomination Committee will continue to review the Board's composition to maintain diversity and meet future targets[37]. - The Company has arranged appropriate directors' liability insurance coverage for its Directors and officers throughout the year[175]. Employee Management and Remuneration - The Group treats all employees equally, ensuring that employment and remuneration are not affected by social identities[6]. - The Group provides competitive compensation and benefits to attract and retain talent[7]. - The Group adopts a five to six days workweek to ensure adequate rest for employees[8]. - The remuneration policy for Directors is aligned with market practices and is subject to shareholders' approval at general meetings[65]. - The emoluments of employees are determined based on individual performance and market pay levels, including basic salaries and discretionary bonuses[65]. - The Remuneration Committee held 2 meetings during the reporting year to review the remuneration packages of all directors and senior management[115]. Risk Management - The Group has established a risk management process to identify and assess significant risks[107]. - The risk management process includes risk identification, evaluation, management measures, and control and review[134]. - The management is tasked with monitoring risks and implementing measures to mitigate them in daily operations[181]. - The Audit Committee oversees the Control Systems and reviews management's performance regarding their effectiveness annually[181]. Shareholder Engagement - The annual general meeting serves as a channel for the Board to address shareholder concerns, with notices sent at least 21 days prior to the meeting[102]. - The Company confirms that there are no material uncertainties that may cast significant doubt on its ability to continue as a going concern[84]. - The Company has confirmed that no significant transactions involving directors or their related entities occurred during the year[110].

Financial Performance - For the fiscal year ending March 31, 2024, the company reported total revenue of HKD 23,989,000, an increase of 10.5% from HKD 21,704,000 in the previous year[3] - The cost of sales and services rose to HKD 19,115,000, up from HKD 15,335,000, resulting in a gross profit of HKD 4,874,000, down 23.4% from HKD 6,369,000[3] - Other income and gains significantly increased to HKD 13,338,000 from HKD 2,988,000, marking a growth of 346.5%[3] - The company reported a loss from continuing operations of HKD 59,359,000, compared to a loss of HKD 36,826,000 in the previous year, representing a 61.0% increase in losses[3] - The total comprehensive loss for the year was HKD 68,499,000, compared to HKD 46,190,000 in the previous year, indicating a 48.3% increase in comprehensive losses[5] - The company reported a basic loss per share of HKD 6.80 for continuing operations, compared to HKD 4.22 in the previous year, indicating a 61.0% increase in loss per share[4] - The group reported a net loss of approximately HKD 59,359,000 for the year ending March 31, 2024, compared to a net loss of HKD 45,668,000 for the previous year[13] - The company reported a pre-tax loss of HKD 59,359,000 for the year ended March 31, 2024, compared to a pre-tax loss of HKD 36,826,000 for the previous year, indicating a deterioration in financial performance[35] Assets and Liabilities - The company's net assets decreased to HKD 17,903,000 from HKD 86,402,000, reflecting a decline of 79.2%[8] - Current liabilities increased to HKD 72,784,000 from HKD 60,292,000, representing a rise of 20.5%[7] - As of March 31, 2024, current liabilities exceeded current assets by approximately HKD 35,072,000[13] - Total assets as of March 31, 2024, amounted to HKD 91,820,000, a decrease from HKD 148,350,000 reported in the previous year[35] - The company reported a total liability of HKD 73,917,000 as of March 31, 2024, compared to HKD 61,948,000 in the previous year, indicating an increase in financial obligations[35] - The total borrowings of the group as of March 31, 2024, were HKD 13,100,000, compared to zero in 2023, resulting in a debt-to-asset ratio of 14.3%[83] - Current liabilities exceeded current assets by HKD 35,100,000 as of March 31, 2024, an increase from HKD 2,800,000 in 2023[83] Operational Changes - The company has ceased operations in its previous business segment after selling its subsidiary, which primarily engaged in the manufacturing and trading of eyewear[11] - The group is implementing various measures, including optimizing its sales network and effective cost control, to improve profitability and operating cash flow[13] - The company plans to continue focusing on market expansion and new product development to enhance revenue streams in the upcoming fiscal year[38] - The company is implementing a long-term strategy to diversify its supply chain, seeking partnerships with reliable suppliers in Southeast Asia[77] Revenue Breakdown - Revenue from external customers in Europe increased to HKD 5,809,000 in 2024 from HKD 4,237,000 in 2023, reflecting a growth of approximately 37.2%[38] - Revenue from external customers in the Americas rose to HKD 5,044,000 in 2024, up from HKD 2,691,000 in 2023, marking an increase of approximately 87.7%[38] - Revenue from sales of goods at a specific point in time was HKD 12,907,000 for 2024, compared to HKD 7,773,000 in 2023, indicating a significant growth of approximately 65.5%[43] - Revenue from film distribution agency and commission income decreased to HKD 3,260,000 in 2024 from HKD 12,598,000 in 2023, a decline of about 74.1%[43] - Revenue from the eyewear segment increased from HKD 7,800,000 to HKD 12,900,000, but the segment incurred a loss of HKD 7,500,000 compared to a profit of HKD 2,600,000 in the previous year[71] - The film investment and distribution segment's revenue decreased from HKD 12,600,000 to HKD 9,700,000, with losses narrowing to HKD 4,300,000 from HKD 8,400,000[72] - Rental income from property investment remained stable at HKD 1,400,000, up from HKD 1,300,000 in the previous year[73] Impairment and Losses - The company recognized an impairment loss of HKD 5,111,000 related to investments in associates during the year ended March 31, 2024[34] - The company confirmed impairment losses on prepayments and deposits of HKD 24,200,000, significantly increasing losses in the debt and securities investment segment[75] - Impairment losses recognized for deposits paid for equity investments amounted to HKD 11,450,000 during the year[64] - The impairment loss on investments in associates was HKD 5,111,000 for 2024, down from HKD 9,648,000 in 2023, reflecting a decrease of approximately 47.1%[44] Employee and Operational Costs - The company’s employee benefits expenses, including director remuneration, rose to HKD 13,110,000 in 2024 from HKD 8,379,000 in 2023, an increase of approximately 56.5%[47] - The company incurred financial expenses of HKD 599,000 in 2024, an increase from HKD 452,000 in 2023, representing an increase of about 32.6%[45] Governance and Compliance - The independent auditor's report expressed a qualified opinion regarding the recoverability of certain deposits and investments[63] - The audit committee, composed of three independent non-executive directors, reviewed the financial statements and confirmed their compliance with applicable accounting standards[92] - The company has outsourced its internal audit function to an independent professional firm to assess risk management and internal control adequacy[88] - The company failed to meet certain listing rules regarding the composition of the board and audit committee but has since rectified this situation[90] Shareholder Information - The company has not declared any dividends for the year ending March 31, 2024, consistent with the previous year[11] - The board did not recommend any dividends for the current year, consistent with the previous year[86] - The annual report for 2023 to 2024 will be sent to shareholders and published on the stock exchange and company websites[96]

Financial Performance - The group reported revenue of HKD 10,296,000 for the six months ended September 30, 2023, representing a 71.5% increase compared to HKD 5,994,000 for the same period in 2022[23]. - Total revenue for the six months ended September 30, 2023, was HKD 10,296,000, a decrease of 52.4% from HKD 21,620,000 in the same period of 2022[61]. - The company reported a net loss of HKD 9,495,000 for the six months ended September 30, 2023, compared to a net loss of HKD 15,251,000 for the same period in 2022, representing a 37.5% improvement in losses year-over-year[41]. - The group recorded a total comprehensive loss of HKD 9,219,000 for the period, a decrease from HKD 17,146,000 in the previous year[28]. - The basic loss per share for the six months ended September 30, 2023, was HKD (1.09), compared to HKD (1.30) for the same period in 2022[25]. - The company reported a loss attributable to owners of the company of HKD 9,495,000 for the six months ended September 30, 2023, compared to a loss of HKD 11,336,000 in the same period of 2022[72]. Revenue Breakdown - The eyewear business generated revenue of approximately HKD 7,900,000 for the six months ended September 30, 2023, down from HKD 15,300,000 in the same period last year, primarily due to a strategic transformation after the disposal of the manufacturing facility in 2022[5]. - The film business revenue decreased from HKD 5,300,000 in the previous year to HKD 1,700,000, as resources were reallocated from distribution services to film investment projects[6]. - Revenue from the Americas was HKD 3,708,000, while revenue from Europe was HKD 3,010,000, marking the first contributions from these regions[61]. - Revenue from China (including Hong Kong) decreased significantly to HKD 2,846,000 from HKD 5,994,000, representing a decline of 52.5%[61]. - External customer revenue of HKD 10,296,000 for the six months ended September 30, 2023, compared to HKD 21,620,000 for the same period in 2022, representing a decrease of approximately 52.4%[55]. Investment and Expenses - The company invested HKD 10,300,000 in three local films with copyrights during the period, focusing on film investment opportunities as the industry recovers from the pandemic[8]. - The cost of sales and services increased to HKD 8,669,000, up from HKD 3,800,000, leading to a gross profit of HKD 1,627,000, down from HKD 2,194,000[23]. - Administrative expenses surged to HKD 13,318,000 from HKD 1,716,000, contributing to a loss before tax of HKD 9,495,000 compared to a profit of HKD 155,000 in the previous year[23]. - The company incurred a net cash outflow of HKD 10,298,000 from investing activities, compared to HKD 6,468,000 in the previous year, indicating increased investment expenditures[39]. - The group’s financial performance was impacted by a significant increase in corporate and other unallocated expenses, totaling HKD 2,353,000[55]. Liquidity and Financial Position - The group’s total liabilities exceeded current assets by HKD 12,276,000 as of September 30, 2023, compared to HKD 2,755,000 as of March 31, 2023, indicating increased liquidity pressure[31]. - The net asset value of the group was HKD 77,183,000 as of September 30, 2023, down from HKD 86,402,000 as of March 31, 2023[33]. - The group has implemented a series of plans and measures to alleviate liquidity pressure and improve financial conditions, including obtaining external credit financing[19]. - The company has a short-term loan agreement for HKD 18,000,000 to meet its financial obligations, indicating proactive financial management[46]. - The group’s total liabilities and assets have not been disclosed in a detailed manner due to the lack of regular management review of operating and reportable segment assets and liabilities[59]. Employee and Management Information - As of September 30, 2023, the group employed 166 full-time employees, a decrease from 202 in the previous year[18]. - The total remuneration paid to key management personnel for the six months ended September 30, 2023, was HKD 189,000, a decrease of 74.0% from HKD 729,000 for the same period in 2022[87]. - The executive director responsible for the report is Zhong Yulin[110]. Corporate Governance - The company has adopted and complied with the corporate governance code as per the listing rules, with a noted exception regarding the appointment of a chairman after the resignation of the previous chairman[106]. - The board has adopted a code of conduct for securities trading, which meets or exceeds the standards set out in the listing rules[107]. - The audit committee consists of three independent non-executive directors[109]. - The company is committed to reviewing its current governance structure in future meetings[106]. Accounting and Reporting - The group did not apply any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective during the reporting period[48]. - The group has adopted new accounting standards effective from April 1, 2023, but these did not have a significant impact on the financial position and performance for the current and prior periods[50]. - The unaudited interim financial information for the six months ended September 30, 2023, has not been reviewed or audited by the company's auditors but has been reviewed by the audit committee[109].

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告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 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。 ELEGANCE OPTICAL INTERNATIONAL HOLDINGS LIMITED 高 雅 光 學 國 際 集 團 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：907） 截至二零二三年九月三十日止六個月之 中期業績 中期業績 高雅光學國際集團有限公司（「本公司」）董事會（「董事會」或「董事」）謹此公佈本 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（「本期 間」）之未經審核中期簡明綜合業績，連同二零二二年同期之比較數字載列如下： 未經審核中期簡明綜合損益表 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 （未經審核）（未經審核） （經重列） 附註 千港元 千港元 持續經營業務 ...

Financial Performance - The Group recorded a loss of HK$36.8 million from continuing operations, a significant improvement from a loss of HK$176.4 million in the previous year[8]. - Revenue from continuing operations was approximately HK$21.7 million, representing a 42.1% increase compared to the previous year[9]. - Revenue from film investment and distribution decreased from HK$14.0 million to HK$12.6 million, while segment loss reduced from HK$91.1 million to HK$8.4 million[11]. - The manufacturing and trading of optical frames and sunglasses generated HK$16.4 million in revenue before its disposal, down from HK$40.9 million in the previous year[16]. - The Group's property investment segment maintained stable rental income at approximately HK$1.3 million[12]. - The Group did not generate any revenue from the energy business during the year[20]. - The discontinued segment of property investment generated revenue of HK$0.3 million during the year, down from HK$0.6 million[17]. - The company has implemented cost-saving measures, resulting in improved financial conditions after divesting its eyewear frame and sunglasses manufacturing business[21]. - Following the easing of social distancing restrictions, cinema attendance has rebounded significantly, leading to a substantial increase in box office revenue[21]. - As of March 31, 2023, the group had cash and cash equivalents of approximately HK$7.4 million, down from HK$18.8 million in 2022[32]. - The group's debt to equity ratio improved to approximately 1.9% as of March 31, 2023, compared to 13.2% in 2022[32]. - The group’s current liabilities exceeded its current assets by HK$2.8 million as of March 31, 2023, a shift from a surplus of HK$15.7 million in 2022[32]. Business Strategy and Operations - The Company plans to undertake new film investments in the coming financial year and is in preliminary discussions with potential projects[19]. - The Directors believe that shifting from production to sourcing finished goods will minimize unnecessary production costs and improve the Group's financial position in the long run[18]. - The Group is actively seeking new film investment opportunities for the next fiscal year and is in preliminary discussions regarding potential projects[21]. - The Group is exploring potential acquisitions or mergers to broaden its asset and revenue base[42]. - The Board is actively exploring investment and business opportunities to expand the Group's asset and revenue base, including potential acquisitions or mergers[46]. - Economic conditions and market risks may impact consumer confidence and purchasing habits, affecting the Group's sales and performance[47]. - The Group is exposed to credit and liquidity risks through its financial instruments, including receivables and cash equivalents[48]. - Interest rate risk arises from changes in rates affecting interest-bearing financial assets and liabilities, with no current hedging in place[50]. - The Group primarily conducts transactions in Hong Kong dollars, Renminbi, and US dollars, with minimal expected foreign exchange risk due to the peg of the Hong Kong dollar to the US dollar[51]. Environmental, Social, and Governance (ESG) Performance - The ESG report highlights the Group's performance in environmental and social areas, adhering to the ESG Reporting Guide[55]. - Stakeholder engagement is crucial for the Group's sustainable development, with regular communications to understand stakeholder concerns[69]. - The Board oversees the Group's ESG strategies and performance, delegating day-to-day responsibilities to senior management[75]. - The Group's ESG report is the fourth of its kind, ensuring consistency in methodologies for meaningful comparisons in future reports[60]. - Total greenhouse gas emissions for the Group were 1,515.8 tonnes of CO2 equivalent, a decrease of 45.5% from 2,779.7 tonnes in 2022[94]. - The annual emission intensity was 0.003 tCO2e/ft², down 70.0% from 0.01 tCO2e/ft² in 2022[94]. - Electricity consumption decreased to 2,047,281 kWh from 3,809,919 kWh, with energy intensity dropping to 4.5 kWh/m² from 8.5 kWh/m²[96]. - Water consumption was 26,292 m³, down from 37,282 m³, resulting in a water intensity of 0.06 m³/m² compared to 0.08 m³/m² in 2022[95]. - Gasoline usage totaled 31,965 liters, contributing to 53.7 tonnes of CO2 equivalent, a reduction from 57.1 tonnes in 2022[97]. - The Group's total floor area coverage remained at 450,089 sq.ft., accounting for 100% of emissions from operations in the PRC and Hong Kong[89]. - The Group aims to enhance resource efficiency and reduce waste as part of its sustainability vision[79]. - The Board is committed to managing significant ESG issues and has established an effective ESG risk management system[82]. - The Group has set short-term and long-term sustainable development goals to reduce emissions in accordance with governmental requirements[83]. - The Group actively promotes water-efficient practices to minimize wastage caused by human error[95]. Employee and Workplace Management - As of March 31, 2023, the Group had 40 employees, a decrease from 194 in 2022, with 100% being full-time staff[119]. - The employee structure includes 21 males and 19 females, with 25 employees aged between 36-55 years[123]. - The Group offers competitive remuneration and benefits, with salaries reviewed annually based on performance and market trends[123]. - The Group has implemented various emergency plans to manage climate-related risks, ensuring no significant impact from extreme weather during the reporting period[112]. - The Group is committed to monitoring climate-related policies and regulations to mitigate transition risks associated with moving towards a lower-carbon economy[114]. - The Group's employee turnover rate is 20, with 12 males and 8 females leaving the company[134]. - 25% of employees received training during the reporting period, with an average of 3 hours for males and 2 hours for females[140]. - There were no work-related fatalities or injuries reported during the reporting period, with a total of 0 days lost due to work injury[137]. - The Group provides various paid holidays, including annual leave, sick leave, and maternity leave, in addition to statutory holidays[127]. - The Group's recruitment process ensures equal opportunities for all candidates, adhering to guidelines set by the Human Resource Department[145]. - The Group maintains a commitment to diversity and equal opportunities, ensuring no discrimination based on gender, ethnicity, or other social identities[128]. - The Group's working hours are structured to promote work-life balance, with a five to six-day workweek depending on operational needs[127]. - Comprehensive professional training is provided to employees to enhance service delivery to customers[140]. - The Group has a sustainable workforce strategy in response to the aging population trend in Hong Kong[138]. - The Group regularly reviews its employee health and safety procedures to ensure a safe working environment[139]. Corporate Governance and Compliance - The Group maintained a zero product recall record this year, demonstrating its commitment to consumer safety and protection[161]. - During the reporting period, the Group had 57 suppliers, all located in Hong Kong and the PRC[159]. - The Group employs a comprehensive enterprise resources planning system for finance-related operations to ensure data privacy and maintain information confidentiality[163]. - The Group has not made any donations during the reporting period, consistent with the previous year[170]. - The Group is committed to managing all business without undue influence, adhering to core values of honesty, integrity, and fairness[164]. - The Group actively sources energy-saving appliances and materials, considering opportunities for collaboration with charity partners[172]. - The Group's procurement policy helps screen out undesirable products, ensuring high-quality raw materials and equipment[155]. - The Group has a strict tendering process in place for procurement, ensuring a fair and transparent selection of suppliers[157]. - There were no concluded legal cases regarding corrupt practices against the Group or its employees during the reporting period[165]. - The Group recognizes the trend of applying digital technologies in operations and marketing strategies to enhance sustainability and attract future talent[172]. - The company reported a commitment to high standards of corporate governance practices, ensuring transparency and accountability throughout the year ended March 31, 2023[192]. - The company has complied with the Corporate Governance Code, with the exception of not appointing a Chairman after the resignation of Mr. Yu Baodong on October 11, 2022[193]. - The Board will review the current situation regarding the Chairman position in upcoming regular meetings[193]. - The Company has outsourced its internal audit function to independent professional firms for the analysis and appraisal of risk management and internal control systems in the optical frames and sunglasses segment[196]. - The Board plans to perform internal audit functions across all segments in the coming year[196]. - The Company emphasizes a corporate culture focused on customer orientation, product excellence, people-first approach, and legal compliance[197]. - The Company's purpose is to strive for the success of its stakeholders, guided by values such as cooperation, legal compliance, motivation, clear objectives, and responsibility[198]. - The corporate culture aims to enable employees to thrive and achieve their full potential through lawful and ethical conduct[200].

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告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 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。 ELEGANCE OPTICAL INTERNATIONAL HOLDINGS LIMITED 高 雅 光 學 國 際 集 團 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：907） 截至二零二三年三月三十一日止年度 之全年業績 高雅光學國際集團有限公司（「本公司」）董事會（「董事會」或「董事」）謹此公佈， 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之經 審核綜合財務業績，連同二零二二年比較數字如下： 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 （經重列） 持續經營業務 收益 5 21,704 15,275 銷售及服務成本 (15,335) (10,875) ...

2053 中期報告 ELEGANCE OPTICAL INTERNATIONAL HOLDINGS LIMITED 高雅光學國際集團有限公司 (於百嘉遠註冊成立之有限公司) 股份代號:907 | --- | --- | --- | --- | --- | --- | |-------|-------|-------|----------------------------------|-------|-------| | | | | | | | | | | | | | | | | 目 | | 錄 | | | | | | | | | | | | 02 | | 公司資料 | | | | | 03 | | 管理層討論及分析 | | | | | 06 | | 未經審核中期簡明綜合損益表 | | | | | 07 | | 未經審核中期簡明綜合全面收益表 | | | | | | | 未經審核中期簡明綜合財務狀況表 | | | | | 08 | | 未經審核中期簡明綜合權益變動表 | | | | | 10 | | | | | | | 11 | | 未經審核中期簡明綜合現金流量表 | | | | | 12 | | 未經審核中 ...