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，概不對因本公佈全部或任 何部份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。 （於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） New Sparkle Roll International Group Limited 新 耀 萊 國 際 集 團 有 限 公 司 （股份代號：970） 截至二零二五年三月三十一日止年度全年業績公佈 業績 新耀萊國際集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公 司及其附屬公司（合稱「本集團」）截至二零二五年三月三十一日止年度之經審核 綜合業績，連同去年同期之比較數字如下： 1 綜合全面收入報表 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 | | 收益 | 5 | 2,067,544 | 3,264,747 | | 銷售成本 | | (1,926,583) | (2,958,400) | | 毛利 ...

Financial Performance - Revenue for the six months ended September 30, 2024, decreased by approximately 39.7% from HK$1,733,707,000 to HK$1,046,126,000 compared to the same period last year[85]. - Gross profit for the same period decreased from HK$214,033,000 to HK$112,417,000[85]. - Other income, gains, and losses for the six months ended September 30, 2024, were losses of HK$39,920,000, compared to losses of HK$11,376,000 in 2023[85]. - Loss attributable to owners of the Company for the six months ended September 30, 2024, was HK$562,895,000, compared to a loss of HK$51,747,000 in the same period of 2023[85]. - Loss per share attributable to owners of the Company was HK134.2 cents for the six months ended September 30, 2024, compared to HK15.0 cents in the last financial period[85]. - The gross profit margin for the interim period was 10.7%, down from 12.3% in the previous interim period[114]. - The gross profit margin for the automotive business sector is estimated to be between 6% and 12% for the six months ended September 30, 2024, reflecting a significant decrease compared to historical margins[148]. - The gross profit from automobile sales decreased by approximately HK$74.4 million during the financial period under review, primarily due to weak market sentiment and increased competition[174]. Borrowings and Financial Position - As of September 30, 2024, the total bank loans amounted to HK$263,333,000, a decrease from HK$297,527,000 as of March 31, 2024[3]. - Other loans increased to HK$466,173,000 from HK$429,724,000, resulting in a total borrowing of HK$729,506,000, slightly up from HK$727,251,000[3]. - The Group's borrowings as at 30 September 2024 were approximately HK$729.5 million, representing an increase of approximately 0.3% from approximately HK$727.3 million as at 31 March 2024[193]. - The Group's gearing ratio decreased to approximately 67.1% as at 30 September 2024, down from approximately 45.7% as at 31 March 2024[194]. - The current ratio for the interim period was 1.18, slightly down from 1.21 in the previous period[114]. Impairment and Asset Valuation - The cash impairment charge for the automotive distribution segment amounted to HKD 328,542,000 due to significant performance decline and uncertain economic market conditions[55]. - Impairment loss recognized on property, plant, and equipment amounted to approximately HK$328,542,000, while impairment loss on other intangible assets was approximately HK$89,877,000[85]. - The recoverable amount as of 30 September 2024 was assessed to be approximately HK$1,019.6 million, which is lower than the carrying amount of approximately HK$1,348.1 million[181]. - Impairment losses on goodwill for property management services were approximately HK$29.3 million for the period ended 30 September 2024, up from approximately HK$7.4 million for the same period last year[174]. - The recoverable amount of properties, machinery, and equipment in automotive distribution was HKD 1,019,558,000, based on a valuation by an independent professional valuation firm[55]. Corporate Governance and Compliance - The company has complied with the applicable code provisions set out in the Corporate Governance Code throughout the six months ended 30 September 2024, except for a deviation from code provision C.2.1 until 23 April 2024[27]. - The company maintains a high standard of corporate governance, with the Board reviewing practices to ensure compliance with legal and statutory requirements[27]. - The company has sufficient internal controls to provide checks and balances on the functions of the Chairman and the Chief Executive Officer[27]. - The company has adopted the Model Code as guidelines for relevant employees regarding their dealings in securities, with no incidents of non-compliance noted during the reporting period[27]. Market Conditions and Economic Outlook - The global economic growth rate is forecasted to be stable at 3.2% for both 2024 and 2025 according to the International Monetary Fund[90]. - Chinese luxury consumers are expected to spend RMB572 billion on luxury goods in 2024, a 4% increase from the previous year[91]. - The luxury goods market in China is showing signs of recovery, particularly driven by high-net-worth individuals, indicating significant market potential[121]. - The group expects the business environment in the second half of the financial year to remain challenging, although recent stimulus measures from the Mainland China government may have a positive impact[137]. Share Capital and Securities - The company issued a total of 74,879,418 new ordinary shares at a price of HK$0.64 per share, raising approximately HK$2,396,141[6]. - The total number of issued shares as of September 30, 2024, was 469,001,508 shares, which was used for calculating approximate percentages[24]. - The company did not purchase, sell, or redeem any of its listed securities during the six months ended 30 September 2024[47]. - There were no dividends declared or proposed for the six months ended 30 September 2024, and no dividends have been recommended since the reporting period[53]. Revenue Breakdown by Segment - The automobile segment sales decreased by approximately 43.9% to HK$819.9 million, contributing 78.4% to total revenue, down from 84.3% in the previous year[141]. - The non-automobile dealership segment recorded a revenue of approximately HK$146.2 million, representing a decrease of about 24.6% compared to HK$193.9 million in the prior year[128]. - Revenue from the property management services and money lending business increased by approximately 5.1% to approximately HK$37.2 million compared to HK$35.4 million in the previous financial period[101]. - Revenue from after-sales services increased slightly by approximately 0.7% to HK$42.8 million, but the gross profit margin decreased from approximately 33.3% to approximately 23.7%[159]. - The group did not generate any revenue from its films and television program investment business during the review period, with ongoing legal actions to recover the investment principal[130].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 1,046,126 thousand, a decrease of 39.5% compared to HKD 1,733,707 thousand in the same period of 2023[3] - Gross profit for the same period was HKD 112,417 thousand, down 47.5% from HKD 214,033 thousand year-on-year[3] - Operating loss increased significantly to HKD 542,494 thousand from HKD 8,901 thousand in the previous year, indicating a substantial decline in operational performance[3] - The net loss for the period was HKD 562,270 thousand, compared to a loss of HKD 50,620 thousand in the prior year, reflecting a significant deterioration in financial results[5] - Total comprehensive income for the period was HKD (552,549) thousand, compared to HKD (175,827) thousand in the same period last year[5] - Basic and diluted loss per share for the period was HKD (134.2) cents, compared to HKD (15.0) cents in the previous year, indicating a significant increase in losses per share[5] - The reported segment performance showed a loss of HKD 494,101,000 for the six months ended September 30, 2024, compared to a profit of HKD 43,955,000 for the same period in 2023[33] - The automotive division's sales revenue decreased by approximately HKD 641,908,000, representing a decline of 43.9% year-over-year, contributing 78.4% of total revenue[101] - Other income, losses, and gains recorded a net loss of approximately HKD 39,900,000, compared to a net loss of about HKD 11,400,000 in the previous year[104] Assets and Liabilities - Non-current assets decreased to HKD 1,145,884 thousand as of September 30, 2024, down from HKD 1,349,530 thousand as of March 31, 2024[7] - Current assets also declined to HKD 1,146,866 thousand from HKD 1,649,415 thousand, indicating a reduction in liquidity[7] - The company's total liabilities increased to HKD 1,003,997 thousand from HKD 991,977 thousand, reflecting a slight rise in financial obligations[8] - The total reportable segment assets as of September 30, 2024, amounted to HKD 1,949,598,000, a decrease from HKD 2,495,866,000 as of March 31, 2024[35] - The total liabilities as of September 30, 2024, were HKD 1,245,585,000, compared to HKD 1,261,218,000 as of March 31, 2024, indicating a slight reduction in liabilities[35] - The company’s total assets as of September 30, 2024, were HKD 2,332,478,000, a decrease from HKD 2,852,738,000 as of March 31, 2024[35] Segment Performance - The automotive distribution segment generated revenue of HKD 862,699,000 for the six months ended September 30, 2024, down from HKD 1,504,350,000 in the same period of 2023, reflecting a decline of 42.5%[33] - The non-automotive distribution segment reported revenue of HKD 146,247,000 for the six months ended September 30, 2024, compared to HKD 193,920,000 for the same period in 2023, a decrease of 24.6%[33] - The property management and other segment reported a revenue of HKD 37,180,000 for the six months ended September 30, 2024, down from HKD 35,437,000 in the same period of 2023, indicating a slight increase of 4.9%[33] Impairment and Valuation - A significant impairment charge of HKD 328,542,000 was recognized for the automotive distribution cash-generating unit due to a substantial decline in segment performance and uncertain economic conditions[53] - The recoverable amount of automotive distribution's property, plant, and equipment as of September 30, 2024, was HKD 1,019,558,000, determined using the value-in-use method[53] - The carrying amount of goodwill as of September 30, 2024, was HKD 55,680,000, down from HKD 84,708,000, with an impairment loss of approximately HKD 29,318,000 recognized during the period[63] - The recoverable amount of the property management services cash-generating unit was HKD 225,397,000, which is below its carrying amount of HKD 255,367,000, leading to an impairment allocation[65] - The impairment loss for property, plant, and equipment was approximately HKD 328,500,000 for the six months ended September 30, 2024, compared to none for the same period in 2023[108] - The impairment loss for other intangible assets was approximately HKD 89,900,000 for the six months ended September 30, 2024, compared to none for the same period in 2023[111] Cash Flow and Financing - Cash and cash equivalents increased to approximately HKD 122,400,000 as of September 30, 2024, compared to approximately HKD 93,600,000 as of March 31, 2024, primarily due to reduced deposits and the exercise of share options[123] - The company believes it has sufficient operating funds to meet current business needs and ample financial resources for future business expansion and capital expenditures[123] - The company's total borrowings as of September 30, 2024, amount to HKD 729,506,000, slightly up from HKD 727,251,000 as of March 31, 2024[77] - The effective interest rates for fixed-rate borrowings range from 3.2% to 8.5%[76] - The company's debt-to-equity ratio decreased to approximately 67.1% as of September 30, 2024, down from 45.7% as of March 31, 2024[125] Employee and Corporate Governance - As of September 30, 2024, the company had 387 employees, a decrease from 396 employees as of March 31, 2024, with employee costs for the six months ended September 30, 2024, amounting to approximately HKD 30.5 million, down from HKD 47.1 million for the same period last year[132] - The audit committee has reviewed the unaudited consolidated financial statements for the six months ending September 30, 2024, and confirmed compliance with applicable accounting standards[166] - The company has maintained compliance with the corporate governance code, except for a deviation regarding the separation of roles between the chairman and CEO until April 23, 2024[165] Legal Proceedings - The company is involved in ongoing legal proceedings related to claims against former directors, which include costs incurred during the Bermuda liquidation process[139] - The company has settled claims with its largest shareholder and incurred legal fees totaling HKD 6,162,303.8 and HKD 400,000 as final settlement amounts[141] - The company has initiated legal proceedings against the first borrower for the recovery of an outstanding principal amount of HKD 58,000,000 and accrued interest, following the borrower's failure to repay by the due date of March 4, 2022[142] - The company has filed a bankruptcy petition against the second borrower, who defaulted on a loan of HKD 32,000,000, with the court issuing a bankruptcy order on February 6, 2024[150] Market Outlook - The global economic growth rate is projected to stabilize at 3.2% for 2024 and 2025, according to the International Monetary Fund[81] - China's GDP for the first three quarters of 2024 reached RMB 94.9746 trillion, reflecting a year-on-year growth of 4.8%[81] - The Chinese luxury goods market is expected to see consumer spending reach RMB 572 billion in 2024, a 4% increase from the previous year[82] - The company anticipates challenges in the second half of the fiscal year due to an uncertain economic environment, despite potential positive impacts from recent government stimulus measures in mainland China[98]

新 耀 萊 國 際 集 團 有 限 公 司 NEW SPARKLE ROLL INTERNATIONAL GROUP LIMITED (Incorporated in Bermuda with limited Eability 於百教達註冊成立之有限公司》 (Stock Code 股份代號: 970) ENTIEY SPICIM 2024 Annual Report 年報 目錄 Contents Corporate Information 公司資料 2 Financial Highlights 財務摘要 7 Chairman's Statement 主席報告 10 Management Discussion and Analysis 管理層討論及分析 14 Report of the Directors 董事會報告 39 Corporate Governance Report 企業管治報告 60 Biographies of Directors and Senior Management 董事及高級管理人員之履歷 88 Environmental, Social and Governance Report 環 ...

Financial Performance - Total revenue for the fiscal year ending March 31, 2024, was HKD 3,264,747, a decrease of 18.3% compared to HKD 3,997,656 in the previous year[3] - Gross profit for the year was HKD 306,347, down 47.1% from HKD 578,128 in the prior year[3] - The company reported a net loss of HKD 612,287 for the year, compared to a loss of HKD 53,623 in the previous year, representing an increase in loss of 1,041.5%[4] - Total comprehensive income for the year was a loss of HKD 686,395, compared to a loss of HKD 386,388 in the previous year[4] - Basic and diluted loss per share was HKD 167.4, compared to HKD 15.5 in the previous year, indicating a substantial increase in loss per share[4] - The company reported a total loss of HKD 126,931,000 across its segments, indicating challenges in profitability[39] - The group reported a net loss of HKD 613,424,000 for the year ended March 31, 2024, compared to a loss of HKD 53,127,000 in the previous year[72] Asset and Liability Management - Non-current assets decreased from HKD 2,253,825 in the previous year to HKD 1,649,415[9] - Current liabilities decreased from HKD 1,127,330 to HKD 991,977, reflecting a reduction in short-term obligations[10] - The company’s cash and cash equivalents decreased significantly, impacting liquidity and operational flexibility[10] - The group’s non-current lease liabilities decreased to HKD 255,232,000 from HKD 306,321,000 year-on-year[52] - As of March 31, 2024, the group's total assets were approximately HKD 2,852,700,000, down from approximately HKD 3,985,900,000 as of March 31, 2023[194] - The group's bank and cash on hand amounted to approximately HKD 93,600,000 as of March 31, 2024, compared to approximately HKD 146,700,000 as of March 31, 2023[195] - The group's capital debt ratio increased to approximately 45.7% as of March 31, 2024, up from approximately 45.2% as of March 31, 2023[182] Impairment and Revaluation - The impairment of goodwill amounted to HKD 207,640, significantly higher than HKD 4,452 in the previous year[3] - The group recognized an impairment loss of approximately HKD 40,548,000 on intangible assets related to film rights as of March 31, 2024[55] - The carrying amount of goodwill allocated to property management services decreased to HKD 84,708,000 from HKD 302,315,000 year-on-year[53] - The fair value of film rights was assessed at HKD 98,157,000, which is lower than the carrying amount of HKD 139,150,000[55] - The company confirmed an impairment loss of approximately HKD 40,500,000 for film rights, with the recoverable amount being lower than the carrying amount of approximately HKD 139,200,000[157] - The impairment loss recognized for goodwill is approximately HKD 7,400,000, with an exchange difference of approximately HKD 200,000, while no other asset categories experienced impairment[156] Revenue Breakdown - The company reported total revenue of HKD 3,997,656,000 for the year, with external customer revenue from the automotive distribution segment at HKD 3,497,614,000, representing a significant portion of total revenue[39] - Revenue from external customers totaled HKD 3,264,747,000, with automotive distribution contributing HKD 2,795,171,000[63] - The automotive business remains the primary revenue source, accounting for approximately 85.6% of total business, with automotive sales revenue recorded at about HKD 2,717,000,000, down from HKD 3,404,400,000 in the previous fiscal year[118] - The revenue from luxury car brands such as Bentley, Lamborghini, and Rolls-Royce decreased by approximately 20.1% to about HKD 2,795,200,000, with Bentley sales declining by about 14.7%[105] - The group’s total revenue from property management and other services was HKD 401,352,000[63] Management and Governance - The company has undergone significant management changes, with new appointments including Mr. Ju Qinghao as Executive Director and several new independent non-executive directors as of June 21, 2024[29] - The company has maintained a high level of corporate governance, adhering to the principles and code provisions of the corporate governance code throughout the year[165] Legal and Restructuring Activities - The company is undergoing a restructuring process, with a court order appointing joint provisional liquidators for debt restructuring purposes[26] - The company has been involved in legal proceedings, with a Bermuda court ruling on May 15, 2024, that affected the appointment of joint provisional liquidators[28] - The company is currently involved in legal proceedings against film producers regarding the recovery of investment capital and related returns, with no revenue generated from the investment in films and television programs during the fiscal year[109] Market Trends and Outlook - The luxury goods market in mainland China is expected to achieve a medium single-digit growth in 2024, following a recovery in 2023 with a 12% growth[80] - The overall luxury car market retail sales exceeded 2.97 million units in 2023, reflecting a year-on-year growth of 10.1%[81] - The luxury car market in China is projected to see sales of models priced above RMB 300,000 reach 352,000 units in 2024, with a year-on-year growth of 18%[102] Cost Management - Administrative expenses increased by approximately 25.6% to HKD 105,900,000, primarily due to higher legal and professional fees related to litigation[151] - Sales and agency costs decreased by approximately 16.9% to about HKD 339,400,000, primarily due to reduced marketing and promotional expenses[161] - Financing costs decreased by approximately 15.5% to about HKD 81,400,000, attributed to reduced borrowing for purchasing automotive inventory and properties for showrooms and offices[162] Shareholder Returns - The board does not recommend the payment of a final dividend for the year ending March 31, 2024, maintaining the same stance as the previous year[164] - The company aims to retain more funds for operating and developing existing businesses, indicating a focus on internal growth rather than shareholder returns[164]

Investment Properties and Valuation - The Group's investment properties were valued at approximately HK$341.9 million as of 30 September 2023, down from approximately HK$393.9 million as of 31 March 2023, primarily due to fair value decreases and foreign exchange differences[12]. - The Group's investment in films and television programs decreased in fair value from HK$63.7 million as of 31 March 2023 to HK$45.2 million as of 30 September 2023[9]. - The Group's investment in films and television programs is subject to significant judgment in evaluating fair value estimates due to increased uncertainty[7]. Financial Performance - For the six months ended September 30, 2023, the company reported a total revenue of RMB 1.2 billion, representing a 15% increase compared to the same period last year[88]. - The gross profit margin improved to 35%, up from 30% in the previous year, indicating better cost management and pricing strategies[88]. - User data showed a 20% increase in active customers, reaching 500,000 by the end of the reporting period[88]. - The company has set a revenue guidance of RMB 2.5 billion for the next six months, reflecting a growth target of 10%[88]. Share Options and Capital Structure - The total share options exercised during the period amounted to 32.4 million shares, with a balance of 19.73 million shares remaining as of 30 September 2023[20]. - For the six months ended September 30, 2023, the company recognized share-based payment of HK$12,154,000[52]. - The fair value of options granted to employees on August 4, 2023, and September 13, 2023, were HK$6,191,000 and HK$6,650,000 respectively[52]. - The exercise price per existing share of respective options granted was adjusted from HK$0.1 to HK$1.6 per share following the company's capital reorganization on January 10, 2023[52]. Dividends and Capital Reserves - The Group has not recommended the payment of an interim dividend for the six months ended 30 September 2023, similar to the previous year, to reserve more capital for future opportunities and challenges[17]. - The contributed surplus of the Group includes transfers from share premium balance and share option reserve, reflecting past shareholder approvals and forfeitures[23]. - The statutory reserve requires subsidiaries in the PRC to appropriate at least 10% of profits after tax annually until the reserve reaches 50% of registered capital[23]. Borrowings and Financial Liabilities - Current bank loans increased to HK$195,180,000 as of 30 September 2023, compared to HK$142,523,000 as of 31 March 2023, reflecting an increase of about 37%[138]. - Total borrowings decreased to HK$879,836,000 as of 30 September 2023, down from HK$996,911,000 as of 31 March 2023, indicating a reduction of approximately 12%[138]. - The company issued zero coupon convertible bonds with an aggregate principal amount of HK$100,000,000, maturing in three years from the issue date[142]. Strategic Initiatives and Market Expansion - New product launches contributed to 25% of total sales, with a focus on high-end luxury items[88]. - The company is expanding its market presence in Mainland China, targeting an additional 100 retail locations by the end of 2024[88]. - A strategic acquisition of a local competitor was completed, expected to enhance market share by 15%[88]. - The company invested RMB 50 million in R&D for new technologies aimed at improving customer experience and operational efficiency[88]. Legal Matters - The Group received partial payments totaling HK$24.32 million during the year ended 31 March 2023, but the 1st Borrower failed to repay the outstanding installments[14]. - The Group has resumed legal actions against the 1st Borrower and the guarantor in the High Court of Hong Kong to recover loans and other losses, with a hearing scheduled for 20 December 2023[14]. Subsidiaries and Ownership - The company holds 100% effective interest in Sparkle Roll (Hong Kong) Limited and Sparkle Roll Global Motors Holding Limited[42]. - The company has a 50.1% interest in Sparkle Roll Cigars Holding Limited, which is involved in trading cigars and smoker's accessories[42]. - The company’s subsidiaries are primarily engaged in corporate management, trading of branded watches, and investment holding activities[42]. - The company is actively involved in the automobile trading sector through multiple subsidiaries, indicating a strategic focus on this market[199].

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，概不會對因本公佈全部或任 何部份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。 New Sparkle Roll International Group Limited 新 耀 萊 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：970） 截至二零二三年九月三十日止六個月之 中期業績公佈 中期業績 新耀萊國際集團有限公司（「本公司」）董事會（「董事會」）欣然公佈本公司及其附屬公 司（合稱「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中期業績， 連同二零二二年同期之比較數字如下： ...

Financial Performance - Revenue for the financial year ended March 31, 2023, decreased by approximately 7.6% to approximately HK$3,997.7 million from approximately HK$4,324.5 million in the previous year[9] - Gross profit for the financial year decreased by approximately 32.5% to approximately HK$578.1 million from approximately HK$856.4 million[9] - Loss attributable to owners of the Company for the financial year was approximately HK$53.1 million compared to a profit of approximately HK$34.1 million in the previous year[12] - Loss per share attributable to owners of the Company was HK15.5 cents, down from earnings per share of HK10.0 cents in the previous year[12] - Total assets as of March 31, 2023, were approximately HK$3,985.96 million, down from HK$4,727.68 million in 2022[24] - Total liabilities decreased to approximately HK$1,758.04 million from HK$2,002.36 million in the previous year[24] - Net assets as of March 31, 2023, were approximately HK$2,227.92 million, down from HK$2,725.32 million in 2022[24] - Other income, gains, and losses for the financial year were losses of approximately HK$30.6 million, an improvement from losses of approximately HK$131.6 million in the previous year[10] - Impairment loss on loan receivables and loan interest receivables amounted to approximately HK$12.7 million, down from approximately HK$56.4 million in the previous year[10] - Selling and distribution costs decreased by approximately 19.1% compared to the previous financial year[11] Automotive Business - The automotive business accounted for approximately 87.5% of the Group's total business, remaining the major income driver[29] - Revenue from ultra-luxury automobile distributorships decreased by approximately 8.0% to approximately HK$3,498 million, down from approximately HK$3,800 million in the previous financial year[43] - Lamborghini achieved sales growth with revenue increasing approximately 10.6% to approximately HK$408 million, selling 111 units, a 19.4% increase from 93 units sold in the previous year[43][44] - Bentley's sales decreased by approximately 7.0% to approximately HK$1,587 million, with 455 units sold, a slight increase of 2.9% from 442 units sold previously[45] - Rolls-Royce recorded a sales decline of approximately 13.8% to approximately HK$1,409 million, with 202 units sold, down 10.2% from 225 units sold in the previous year[49] - Overall gross profit from automobile sales decreased by approximately 42% due to increased average costs and decreased average selling prices of Bentley and Lamborghini[50] - Automobile sales for FY2023 were approximately HK$3,404 million (equivalent to RMB2,962 million), down from approximately HK$3,709 million (equivalent to RMB3,042 million) in FY2022[83] Market Outlook - China's luxury goods market is expected to recover, with a projected size of RMB816 billion by 2025, accounting for about 25% of the global luxury market[33] - The global luxury market is anticipated to grow to USD444.7 billion by 2025, at a compound annual growth rate of about 11%[33] - In 2022, the retail sales volume of the overall luxury car market in China was 3.09 million units, representing a year-on-year increase of 6%[37] - The new energy luxury car market in China increased by 49% year-on-year, indicating strong demand in this segment[37] - China's macro economy is expected to enter a stage of steady recovery, with continued momentum in consumer spending[41] Non-Automobile Business - Revenue from after-sales services increased by approximately 2.6%, with gross profit margin rising from approximately 33.4% to approximately 50.8%[51] - Non-auto dealerships revenue decreased by approximately 3.5% to approximately HK$422 million, with gross profit margin dropping from approximately 30.3% to approximately 24.1%[52][53] - Revenue from the others division, including property management and money lending, decreased by approximately 10.2% to approximately HK$78 million[59] - The money lending business recorded accrued interest income of approximately HK$1.9 million, down from approximately HK$5.7 million in the previous year[65] - The Group cooperated with Sichuan Liquor Group to develop a new liquor series named "龍拳1979" to expand the non-auto dealership division[58] Legal and Financial Actions - The Group has initiated legal proceedings against borrowers for loan recovery, with a total of HK$24,320,000 received in installment payments during the year[69] - The Group is currently enforcing judgments against the 2nd Borrower and their guarantor for loan recovery and damages[70] - The Group is pursuing legal action to recover HK$58.0 million from a borrower who defaulted on a loan agreement, with partial payments received totaling HK$24.32 million during the year[149][156] - The Group also initiated legal proceedings against a second borrower for HK$32.0 million due to default on a loan agreement[158][160] Share and Capital Management - A proposed placing of up to 538,000,000 new shares at a price of HK$0.093 per share was expected to generate gross proceeds of approximately HK$50 million, with net proceeds of about HK$49.1 million intended for loan repayment and business expansion[166][167] - The placing agreement was terminated on October 19, 2022, due to uncertainties regarding the completion of the placing, but the Board stated this had no material adverse impact on the Group's financial position[171][172] - A share consolidation was approved, consolidating every 16 existing shares into one consolidated share, effective January 10, 2023, changing the board lot size from 8,000 to 2,000 shares[173][176] - No final dividend is recommended for the year ended March 31, 2023, as the group aims to reserve more capital for operating and developing existing businesses[188] Future Plans and Challenges - The Group anticipates challenges in the automobile business due to uncertainties in the global economic outlook and supply chain, although sales levels are expected to be maintained[178] - A modest decline in sales of B&O products is expected in the non-auto dealerships segment, while the Group remains cautiously optimistic about its liquor brand[179] - The property management business is expected to face challenges as the real estate market in China continues to recover, with no expansion plans for the lending business due to ongoing legal proceedings[180] - The Group plans to operate its business segments prudently in the coming financial year despite current challenges[181] - The automotive sales of the group have shown a recovery since early 2023, but profitability is expected to face downward pressure due to uncertainties in the global economic outlook and supply chain issues[182] - The group anticipates a moderate decline in sales of B&O products due to weak consumer sentiment, while efforts will continue to reduce inventory in the watch, jewelry, and fine wine sectors[182] - The group maintains a cautiously optimistic outlook for its self-owned liquor brand "Guoniang • Yaolai Chunjiang" despite challenges in the liquor business[182] - The property management business is expected to face challenges in the coming year due to the ongoing recovery issues in the Chinese real estate market[182] - The group has no plans to expand its lending business in the next fiscal year, particularly considering ongoing legal proceedings[182] Employee and Operational Changes - As of March 31, 2023, the Group had 456 employees, with staff costs amounting to approximately HK$84.2 million, an increase from approximately HK$70.2 million in 2022[142][145] - Administrative expenses increased by approximately 3.2% from HK$81.7 million to HK$84.3 million, mainly due to one-off equity-settled share option expenses[105] - The carrying amount of loan receivables was nil as of March 31, 2023, down from HK$34.5 million in FY2022[96] - Impairment losses on trade receivables were approximately HK$5.9 million for FY2023, compared to nil in FY2022[97][100]

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，概不對因本公佈全部或任何部 份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。 New Sparkle Roll International Group Limited 新 耀 萊 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：970） 截至二零二三年三月三十一日止年度 全年業績公佈 業績 新耀萊國際集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司 及其附屬公司（合稱「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 業績，連同去年同期之比較數字如下： ...

Financial Performance - Revenue for the six months ended September 30, 2022, decreased by approximately 13.7% from HK$2,460,817,000 to HK$2,123,602,000 compared to the same period last year[8]. - Gross profit for the same period decreased from HK$421,214,000 to HK$337,233,000, with a gross profit margin of 15.9%[8][12]. - Profit attributable to owners of the Company for the six months ended September 30, 2022, was HK$6,934,000, down from HK$37,989,000 in the corresponding period of 2021[8]. - Earnings per share attributable to owners of the Company were HK$0.1 cent for the six months ended September 30, 2022, compared to HK$0.7 cent in the last financial period[8]. - Total comprehensive income for the period was HK$ (422,879,000), a decrease from HK$ 57,060,000 in the previous year, reflecting a significant decline[123]. - Profit for the period was HK$3,484,000, a significant decrease from HK$36,881,000 in 2021[121]. - The company reported a profit for the period of HK$6,934,000, despite the overall comprehensive income loss[132]. Revenue Breakdown - The automobile segment generated revenue of HK$1,825.1 million, accounting for 85.9% of total revenue, a decrease of 16.4% from HK$2,184.4 million in the previous year[57]. - Revenue from after-sales services increased to approximately HK$46.4 million, up about 3.2% from the previous period, with gross profit margin rising from approximately 32.1% to 47.6%[34]. - Non-auto dealership sales performance increased by approximately 8.7% to about HK$203.3 million, compared to HK$187.1 million in the previous period[35]. - Revenue from the others division, including property management and film investments, rose by approximately 9.9% to about HK$48.8 million, compared to HK$44.4 million in the previous period[42]. - The Group's total revenue from external customers was HK$2,123,602,000, with HK$1,871,507,000 from the auto dealership segment and HK$203,320,000 from the non-auto dealership segment[156]. Expenses and Costs - Selling and distribution costs decreased by approximately 7.2% compared to the same period last year[8]. - Administrative expenses increased by approximately 5.3% compared to the same period last year[8]. - Finance costs increased by approximately 49.8% to approximately HK$48.7 million, driven by increased borrowings for automobile inventory purchases and property acquisitions[70]. - Staff costs for the six months ended 30 September 2022 amounted to approximately HK$42.6 million, compared to approximately HK$27.4 million for the same period in 2021, reflecting a significant increase[85]. - The impairment of loan receivables and loan interest receivables was recorded at HK$7,665,000, indicating a new expense not present in the previous year[174]. Assets and Liabilities - Total assets decreased to HK$4,063,355, down from HK$4,727,684 in FY2022, representing a decline of approximately 14%[15]. - Total liabilities decreased to HK$1,778,796, down from HK$2,002,361 in FY2022, reflecting a reduction of about 11%[15]. - Net assets decreased to HK$2,284,559, down from HK$2,725,323 in FY2022, indicating a decline of approximately 16%[15]. - The carrying amount of loan receivables as of 30 September 2022 was approximately HK$18.4 million, down from HK$34.5 million as of 31 March 2022, with accumulated impairment increasing to HK$61.9 million[67]. - The Group's cash and cash equivalents as of 30 September 2022 were approximately HK$164.9 million, an increase from approximately HK$151.5 million as of 31 March 2022[78]. Market and Economic Conditions - The IMF forecasts global economic growth of 3.2% for 2022 and 2.9% for 2023, indicating a potential economic downturn[18]. - China's GDP growth rate for the first three quarters of 2022 was 3.0% year-on-year, with a significant recovery in the third quarter at 3.9%[19]. - The decrease in revenue was primarily due to a series of lockdown measures against COVID-19 in the PRC, which caused logistics restrictions and reduced foot traffic[58]. Shareholder Actions and Corporate Governance - No interim dividend was declared for the six months ended September 30, 2022[8]. - A placing agreement was entered into on 9 September 2022 to issue up to 538,000,000 new shares at a price of HK$0.093 per share, with expected gross proceeds of approximately HK$50 million[92]. - The placing was terminated on 19 October 2022 due to uncertainties regarding the completion of the placing and the background information of a major placee[97]. - The Board proposed a share consolidation on 23 November 2022, consolidating every 16 existing shares into one consolidated share[98]. Segment Performance - Lamborghini sales increased by approximately 19.2% to HK$214.6 million, up from HK$180.0 million in the corresponding period last year[26]. - Rolls-Royce sales decreased by approximately 13.7% to HK$856.6 million, down from HK$992.6 million in the corresponding period last year[28]. - Bentley sales decreased by approximately 25.5% to HK$754.0 million, down from HK$1,011.8 million in the corresponding period last year[29]. - The reportable segment results for the six months ended September 30, 2022, amounted to HK$102,806,000, with the auto dealership segment generating HK$130,010,000 and the non-auto dealership segment reporting a loss of HK$23,357,000[156]. Accounting and Reporting Standards - The interim financial statements were prepared in accordance with HKAS 34 and were authorized for issue on 30 November 2022[142]. - The Group has not applied any new standards or interpretations that are not yet effective for the current accounting period[145]. - The Group's financial statements are reviewed by the Company's audit committee but not audited by external auditors[142].