Financial Performance - For the year ended March 31, 2022, Fujikon reported revenue of HK$878.3 million, a decrease of 1.5% from HK$890.8 million in 2021[16]. - The gross profit margin declined to 13.1%, down 6.3 percentage points from 19.4% in the previous year[11]. - The company experienced a net loss of HK$30.99 million for the year, compared to a profit of HK$20.39 million in 2021[16]. - Total assets decreased by 1.8% to HK$912.19 million from HK$929.37 million in 2021[11]. - Cash and bank deposits fell by 24.1% to HK$369.86 million, down from HK$487.35 million[11]. - Shareholders' equity decreased by 7.1% to HK$614.03 million from HK$661.08 million[11]. - The operating loss for the year was HK$23.31 million, compared to an operating profit of HK$29.71 million in 2021[16]. - Dividends per share were reduced to 4.0 HK cents, a decrease of 20.0% from 5.0 HK cents in 2021[11]. - Gross profit dropped to HK$115.3 million, with a gross profit margin of 13.1%, compared to HK$173.0 million and 19.4% in 2021[42]. - The company recorded a loss attributable to equity holders of HK$37.1 million, compared to a profit of HK$10.3 million in 2021, resulting in a basic loss per share of HK8.7 cents[42]. Asset and Liability Management - Total non-current assets decreased to HK$126,020,000 from HK$140,417,000 in the previous year, representing a decline of approximately 10.2%[18]. - Current assets totaled HK$786,169,000, slightly down from HK$788,956,000, indicating a decrease of about 0.2%[18]. - Net assets decreased to HK$683,695,000 from HK$723,787,000, a decline of about 5.5%[18]. - As of March 31, 2022, the Group's net current assets were approximately HK$561.6 million, down from HK$591.4 million in 2021[64]. - The Group's cash and cash equivalents decreased by approximately 24.1% to HK$369.9 million as of March 31, 2022, from HK$487.4 million in 2021[65]. Revenue Segmentation - Revenue from the Call Centre & Office (CC&O) segment decreased by 3.4% to HK$624.7 million, accounting for 71.1% of total revenue[44]. - Revenue from Accessories and Components grew modestly to HK$253.6 million, representing 28.9% of total revenue, but segment profit fell to HK$7.9 million from HK$25.3 million in 2021[49]. - The Group's revenue for the accessories and parts segment was HK$253.6 million in 2022, a slight increase from HK$243.9 million in 2021, accounting for 28.9% of total revenue[52]. Operational Strategies - The company aims to enhance its product offerings through advancements in innovative technologies, aligning with its mission to provide value-added products[5]. - The company implemented stringent cost controls and increased automation to enhance productivity and cost-efficiency[30]. - The company is focused on enhancing product development and engineering capabilities to meet market demands and customer needs[31]. - Cost control measures and investments in automation are being implemented to improve production efficiency and mitigate potential cost fluctuations[32]. - The Group plans to enhance efficiency through automation and streamline its workforce to tackle rising staff costs and inflation[51]. Human Resources and Management - The Group's discretionary bonus system is linked to both the Group's profit performance and individual employee performance, ensuring alignment with overall financial results[76]. - The Group has implemented training programs for management and employees to enhance skills and performance[76]. - The Group's human resources policies are based on performance and merit, rewarding employees accordingly within the salary and bonus framework[76]. - As of March 31, 2022, the Group employed approximately 2,400 staff, a decrease from 2,600 in 2021, with employee expenses totaling approximately HK$287.8 million, up from HK$269.6 million in 2021[76]. Corporate Governance - The Group's strategic planning is overseen by experienced executives with over 50 years of industry experience, ensuring informed decision-making[79][80][81]. - The Group's management team includes individuals with significant academic and professional backgrounds, enhancing corporate governance and operational efficiency[85][87]. - The Group's focus on corporate strategy and financial functions is led by executives with extensive experience in the financial securities industry[85]. Future Outlook - The Group is optimistic about the prospects for CC&O products due to stable order inflow and longer product lifecycles[57]. - The Group's future business development is discussed in the "Management Discussion and Analysis" section[104]. Risk Management - The Group's business operations and results are subject to various risks and uncertainties, which are discussed in the "Chairman's Statement" and "Management Discussion and Analysis" sections[106]. - The Group's financial risk factors are detailed in Note 3 of the consolidated financial statements[106]. Shareholder Information - As of March 31, 2022, the total number of shares issued by the company is 425,839,000[156]. - The Company provided corporate guarantees of approximately HK$155.7 million as of March 31, 2022, unchanged from 2021, with no banking facilities utilized by subsidiaries compared to approximately HK$0.8 million in 2021[75]. - The Group's interim dividend was paid at HK$0.01 per ordinary share, with a recommended final dividend of HK$0.03 per ordinary share, subject to shareholder approval[120]. Environmental and Social Responsibility - Environmental policies and performance, as well as compliance with local laws and regulations, are outlined in the "Environmental, Social and Governance Report" section[107]. - Charitable and other donations made by the Group during the Year totaled approximately HK$106,000[139].

Financial Performance - Revenue for the six months ended September 30, 2021, was HK$412.2 million, down 18.1% from HK$503.3 million in 2020[8] - Gross profit decreased to HK$52.0 million, resulting in a gross profit margin of 12.6%, compared to 18.0% in 2020[8] - The company recorded a loss attributable to equity holders of HK$23.5 million, compared to a profit of HK$4.6 million in 2020[8] - Revenue from the headsets and headphones segment was HK$297.3 million, accounting for 72.1% of total revenue, down from HK$369.4 million in 2020[9] - The accessories and components segment generated revenue of HK$114.9 million, down from HK$133.9 million in 2020, with segment profit decreasing to HK$4.4 million from HK$17.3 million[14] - Operating loss for the period was HK$18,022,000 compared to an operating profit of HK$12,884,000 in the previous year[142] - Loss attributable to equity holders of the Company was HK$23,471,000, a significant decline from a profit of HK$4,587,000 in the same period last year[144] - Total comprehensive loss for the period was HK$15,544,000, compared to a comprehensive income of HK$20,947,000 in the prior year[144] Cash Flow and Liquidity - The Group's cash and cash equivalents were approximately HK$413.9 million, representing a decrease of about 15.1% from HK$487.4 million as of March 31, 2021[26] - Cash and cash equivalents at the end of the period decreased to HK$413,896,000 from HK$448,373,000 year-over-year, a decline of approximately 8%[149] - Net cash used in operating activities for the six months ended 30 September 2021 was HK$52,795,000, compared to a net cash generated of HK$38,783,000 in the same period of 2020, representing a significant decline[149] - The Group's total cash outflow from financing activities was HK$16,828,000, which is consistent with the HK$16,773,000 reported in the previous year[149] Assets and Liabilities - As of September 30, 2021, the Group's net current assets amounted to approximately HK$566.5 million, a decrease from HK$591.4 million as of March 31, 2021[25] - Total non-current assets amounted to HK$135,064,000, a decrease from HK$140,417,000 as of March 31, 2021[137] - Current assets increased to HK$815,468,000 from HK$788,956,000, driven by a rise in inventories to HK$182,230,000 from HK$141,090,000[137] - Total current liabilities increased to HK$248,928,000 from HK$197,518,000, primarily due to a rise in trade payables to HK$140,920,000 from HK$94,808,000[137] - Net assets decreased to HK$695,468,000 from HK$723,787,000, reflecting a decline in equity reserves[139] Employee and Operational Metrics - Employee costs during the Interim Period amounted to approximately HK$142.7 million, down from HK$146.5 million in the previous year[33] - The Group employed approximately 2,500 employees as of September 30, 2021, a decrease from 3,100 employees in 2020[33] - The company plans to address rising staff costs by increasing automation and optimizing workforce and workflows[23] Dividends and Shareholder Information - An interim dividend of HK1.0 cent per ordinary share was declared for the Period, down from HK2.0 cents in the previous year[44] - The total number of shares issued as of September 30, 2021, is 425,839,000[55] - Johnny Yeung holds a total of 54,328,500 shares, representing approximately 12.76% of the total shareholding[54] - Simon Yuen has a total of 64,982,500 shares, which is approximately 15.26% of the total shareholding[54] - Michael Chow owns 78,926,500 shares, accounting for approximately 18.53% of the total shareholding[54] Governance and Compliance - The company complied with the Corporate Governance Code during the period, with a noted deviation regarding the separation of roles for chairman and CEO[104] - The company has adopted a code of conduct for securities trading that complies with the standards set out in the Listing Rules[107] - The Remuneration Committee is responsible for reviewing and determining the remuneration policies for directors and senior management, with packages based on market conditions and individual contributions[111] Market and Economic Outlook - The International Monetary Fund projects global economic growth of 5.9% in 2021 and 4.9% in 2022, reflecting a cautious macroeconomic outlook[15] - Challenges included shortages of critical components and shipping containers, with initial signs of improvement noted[16] Financial Risks and Management - The Group's activities expose it to various financial risks, including market risk, credit risk, and liquidity risk[167] - There have been no changes in the Group's risk management policies since March 31, 2021[167] - The Group's financial risk management information should be read in conjunction with the annual financial statements for a comprehensive understanding[167]

,门 ♫ 2020 2021 Annual Report of 38 Fujikon Fujikon Industrial Holdings Limited 富士高實業控股有限公司 (incorporated in Bermuda with limited liability) (於百慕蓬註冊成立之有限公司) Stock Code 股份代號: 927 VISION 願景 To become our customers' preferred strategic partner in the acoustics and electronics industries. 成為在電聲及電子領域客戶首選的策略性合作夥伴。 MISSION 使命 Through advancements in innovative technologies, we strive to provide value-added and distinct products to our customers. 以先進及創新科技，竭力為客戶提供高增值、高差異性的產品。 VALUES 價值觀 We, as a partner, abide by our ...

fujikon Fujikon Industrial Holdings Limited 富士高實業控股有限公司 (incorporated in Bermuda with limited liability) (於百慕逢註冊成立之有限公司) Stock Code 股份代號: 927 2020 2021 Interim Report 中期報告 D 6 6 p VISION 願景 To become our customers' preferred strategic partner in the acoustics and electronics industries. 成為在電聲及電子領域客戶首選的策略性合作夥伴。 MISSION 使命 Through advancements in innovative technologies, we strive to provide value-added and distinct products to our customers. 以先進及創新科技，竭力為客戶提供高增值、高差異性的產品。 VALUES 價值觀 We, as a partner, abide by ...

Fujikon Fujikon Industrial Holdings Limited 富士高實業控股有限公司 (incorporated in Bermuda with limited liability) (於百慕逵註冊成立之有限公司) Stock Code 股份代號: 927 2019/2020 Annual Report 年報 VISION 願景 To become our customers' preferred strategic partner in the acoustics and electronics industries. 成為在電聲及電子領域客戶首選的策略性合作夥伴。 MISSION 使命 Through advancements in innovative technologies, we strive to provide value-added and distinct products to our customers. 以先進及創新科技，竭力為客戶提供高增值、高差異性的產品。 VALUES 價值觀 We, as a partner, abide by our commitm ...

Fujikon Fujikon Industrial Holdings Limited 富士高實業控股有限公司 (incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) Stock Code 股份代號: 927 6): 2019/2020 Interim Report 中期報告 VISION 願景 To become our customers' preferred strategic partner in the acoustics and electronics industries. 成為在電聲及電子領域客戶首選的策略性合作伙伴。 MISSION 使命 Through advancements in innovative technologies, we strive to provide value-added and distinct products to our customers. 以先進及創新科技，竭力為客戶提供高增值、高差異性的產品。 VALUES 價值觀 We, as a partner, abide by our ...

(Fujikon Fujikon Industrial Holdings Limited 富 士 高 實 業 控 股 有 限 公 司 (Stock Code 股份代號 : 927) 2018/2019 Annual Report 年報 VISION 願景 To become our customers' preferred strategic partner in the acoustics and electronics industries. 成為在電聲及電子領域客戶首選的策略性合作伙伴。 MISSION 使命 Through advancements in innovative technologies, we strive to provide value-added and distinct products to our customers. 以先進及創新科技，竭力為客戶提供高增值、高差異性的產品。 VALUES 價值觀 We, as a partner, abide by our commitment to our customers. We, as an innovator, relentle ...