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环球实业科技拟以不超过2.6亿元的代价收购广州越秀区商场物业
Zhi Tong Cai Jing· 2025-08-01 15:13
环球实业科技(01026)公布,于2025年8月1日,公司间接全资附属深圳市环业环球科技有限公司(买方)与 卖方广州市锦城房地产发展有限公司订立框架协议,据此,买方(或买方可能指定的该公司另一间附属 公司)拟以不超过人民币2.6亿元的指示性代价(以合同为准)收购目标物业,拟透过现金、承兑票据、股 权、可转换证券或其组合方式结算。根据框架协议的条款,该公司须向卖方(或按卖方指示)支付可煺还 诚意金人民币1亿元。 公告称,公司一直在寻找能够为集团提供稳定租金收入的土地物业投资机会。公司认为,倘框架协议拟 进行的建议收购事项得以实现,将为公司提供增强其收入来源及房地产组合的机会。 根据框架协议,卖方拟向买方出售的目标物业包括位于中国广州市越秀区农林下路4号及6号的东山锦轩 现代城商业综合体地库一楼(全层)、一楼(部分位置)、四楼(部分位置,包括夹层楼面)、五楼(部分位置) 及六楼(部分位置),总楼面面积约8,900平方米的零售及商业物业。商场座落于广州市黄金地段,连接广 州地铁一号线及六号线的交汇处东山口地铁站。广州地铁其中一个出口连接商场的地库一楼,另有两个 出口连接商场一楼。 ...
环球实业科技(01026)拟以不超过2.6亿元的代价收购广州越秀区商场物业
智通财经网· 2025-08-01 15:12
智通财经APP讯,环球实业科技(01026)公布,于2025年8月1日,公司间接全资附属深圳市环业环球科技 有限公司(买方)与卖方广州市锦城房地产发展有限公司订立框架协议,据此,买方(或买方可能指定的该 公司另一间附属公司)拟以不超过人民币2.6亿元的指示性代价(以合同为准)收购目标物业,拟透过现 金、承兑票据、股权、可转换证券或其组合方式结算。根据框架协议的条款,该公司须向卖方(或按卖 方指示)支付可煺还诚意金人民币1亿元。 根据框架协议,卖方拟向买方出售的目标物业包括位于中国广州市越秀区农林下路4号及6号的东山锦轩 现代城商业综合体地库一楼(全层)、一楼(部分位置)、四楼(部分位置,包括夹层楼面)、五楼(部分位置) 及六楼(部分位置),总楼面面积约8,900平方米的零售及商业物业。商场座落于广州市黄金地段,连接广 州地铁一号线及六号线的交汇处东山口地铁站。广州地铁其中一个出口连接商场的地库一楼,另有两个 出口连接商场一楼。 公告称,公司一直在寻找能够为集团提供稳定租金收入的土地物业投资机会。公司认为,倘框架协议拟 进行的建议收购事项得以实现,将为公司提供增强其收入来源及房地产组合的机会。 ...
环球实业科技(01026.HK)拟不超2.6亿元收购广州越秀区若干物业权益
Ge Long Hui· 2025-08-01 15:11
格隆汇8月1日丨环球实业科技(01026.HK)公告,于2025年8月1日,买方深圳市环业环球科技有限公司 (公司间接全资附属公司)与卖方广州市锦城房地产发展有限公司订立框架协议,据此,买方(或买方可能 指定的公司另一间附属公司)拟以不超过人民币2.6亿元的指示性代价(以合同为准)收购目标物业,拟透 过现金、承兑票据、股权、可转换证券或其组合方式结算。根据框架协议的条款,公司须向卖方(或按 卖方指示)支付可退还诚意金人民币1亿元。 根据框架协议,卖方拟向买方出售的目标物业("目标物业")包括位于中国广州市越秀区农林下路4号及6 号的东山锦轩现代城商业综合体地库一楼(全层)、一楼(部分位置)、四楼(部分位置,包括夹层楼面)、五 楼(部分位置)及六楼(部分位置),总楼面面积约8,900平方米的零售及商业物业。商场座落于广州市黄金 地段,连接广州地铁一号线及六号线的交汇处东山口地铁站。广州地铁其中一个出口连接商场的地库一 楼,另有两个出口连接商场一楼。 ...
环球实业科技(01026) - 有关就可能收购位於中国的若干物业权益支付诚意金的须予披露交易
2025-08-01 14:58
(股份代號:1026) 有關 就可能收購位於中國的若干物業權益 支付誠意金 的須予披露交易 UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環球實業科技控股有限公司 (於開曼群島註冊成立之有限公司) 董事會謹此宣佈,於二零二五年八月一日,買方(本公司間接全資附屬公司)與賣方訂立框架協 議,據此,買方(或買方可能指定的本公司另一間附屬公司)擬以不超過人民幣260百萬元(285.71 百萬港元)的指示性代價(以合同為準)收購目標物業,擬透過現金、承兌票據、股權、可轉換證券 或其組合方式結算。根據框架協議的條款,本公司須向賣方(或按賣方指示)支付可退還誠意金人 民幣100百萬元(109.89百萬港元)。 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,並明確表示概不就因本公告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。 框架協議 董事會謹此宣佈,於二零二五年八月一日,買方(本公司間接全資附屬公司)與賣方訂立框架協議, 據此,買方(或買方可能指定的本公司另一間附屬公司)擬以不超過人民幣260百萬元 ...
智通港股52周新高、新低统计|5月28日
智通财经网· 2025-05-28 08:41
Summary of Key Points Core Viewpoint - As of May 28, a total of 65 stocks reached their 52-week highs, with notable performances from Kingway Medical Holdings (08559), China Silver Technology (00515), and Honghui Group (00183) leading the list with high rates of increase [1]. Group 1: Stocks Reaching 52-Week Highs - Kingway Medical Holdings (08559) achieved a closing price of 0.027 with a peak of 0.045, marking a high rate of 32.35% [1]. - China Silver Technology (00515) closed at 0.280, reaching a maximum of 0.305, resulting in a high rate of 28.15% [1]. - Honghui Group (00183) had a closing price of 0.255, with a peak price of 0.255, reflecting a high rate of 27.50% [1]. - Other notable stocks include Emperor Watch and Jewellery (00887) with a high rate of 27.14% and Sogo Department Store (00312) at 21.79% [1]. Group 2: Additional Stocks with Significant Increases - Lehua Entertainment (02306) reached a high rate of 13.73% with a closing price of 2.540 [1]. - Kingway Medical (08143) had a closing price of 0.124 and a peak of 0.230, resulting in a high rate of 10.05% [1]. - Other stocks with notable increases include Zhu Feng Gold (01815) at 6.98% and Yaoshi Bang (09885) at 6.68% [1]. Group 3: Stocks with Lower Performance - The report also includes stocks that did not perform as well, with some reaching their 52-week lows, such as China Parenting Network (01736) with a low rate of -14.40% [2]. - XI Nan Tes-U (09366) and XI Nan Tes (07366) also showed declines of -10.08% and -8.60% respectively [2]. - Other stocks like He Fu Hui Huang (00733) and Pai Ge Biomedical-B (02565) experienced decreases of -7.04% and -6.95% [2].
环球实业科技(01026) - 2024 - 年度业绩
2025-04-14 13:18
Executive Compensation - Universal Technologies Holdings Limited reported a total compensation of HKD 70,000 for a senior executive for the year ended December 31, 2011, which included HKD 68,000 in other benefits and HKD 2,000 in retirement plan contributions[6]. - For the year ended December 31, 2012, the same senior executive received a total compensation of HKD 69,000, comprising HKD 67,000 in other benefits and HKD 2,000 in retirement plan contributions[9]. - There were no stock options granted to the senior executive in both 2011 and 2012, and no joining or signing bonuses were paid by the group[10]. - The group did not pay any discretionary bonuses or severance payments to the senior executive during the reported years[10]. Corporate Governance - The chairman and CEO of Universal Technologies Holdings Limited is Mr. Chan King Yeung, who has been in the position since November 18, 2011[7]. - The board of directors includes three executive directors, one non-executive director, and three independent non-executive directors as of April 14, 2025[12].
环球实业科技(01026) - 2024 - 中期财报
2025-03-28 11:37
Financial Performance - Revenue for the twelve months ended December 31, 2024, was approximately HKD 331.05 million, an increase of about 3.7% compared to HKD 319.15 million for the same period in 2023[6] - The net loss attributable to shareholders for the twelve months ended December 31, 2024, was approximately HKD 69.13 million, a decrease of about 49.7% from HKD 137.34 million in the previous year[6] - Basic and diluted loss per share for the twelve months ended December 31, 2024, was HKD 1.25, compared to HKD 2.49 for the same period in 2023[8] - The total comprehensive loss for the period was HKD 114.805 million, compared to HKD 189.420 million in the previous year, indicating a significant reduction in overall losses[9] - For the twelve months ending December 31, 2024, the company recorded a net loss of HKD 102,752,000, compared to a net loss of HKD 192,709,000 for the same period in 2023, indicating an improvement in financial performance[24] - The company's loss attributable to shareholders for the year ended December 31, 2024, was HKD 69,127,000, a significant improvement compared to a loss of HKD 137,336,000 in 2023, indicating a reduction in losses by about 50%[40] Revenue Breakdown - Revenue from water supply and related services increased to HKD 294,307,000 from HKD 286,829,000, representing a growth of about 2.6%[25] - Total reported segment revenue for the year ended December 31, 2024, was HKD 331,049,000, an increase from HKD 319,147,000 in 2023, representing a growth of approximately 3%[38] - Revenue from water supply and related services was approximately HKD 308,422,000, an increase of 3.47% or about HKD 10,343,000 compared to the previous year[63] - The property investment and development segment generated revenue of approximately HKD 22,527,000, up from HKD 20,809,000, reflecting an increase of about 8.25%[63] - The financial services segment recorded revenue of approximately HKD 100,000, a significant decrease of 61% from HKD 259,000 in the previous year[64] Cash Flow and Liquidity - The net cash generated from operating activities for the year ended December 31, 2024, was HKD 118,019,000, a decrease of 13.7% compared to HKD 136,907,000 in 2023[14] - The net cash used in investing activities significantly improved to HKD (28,167,000) from HKD (296,508,000) in the previous year, indicating a reduction of 90.5%[14] - The net cash used in financing activities also decreased to HKD (84,664,000) from HKD (166,190,000), reflecting a 49.1% reduction[14] - The net increase in cash and cash equivalents was HKD 5,188,000, a significant recovery from a decrease of HKD (325,791,000) in 2023[14] - As of December 31, 2024, cash and cash equivalents totaled HKD 228,010,000, slightly up from HKD 226,402,000 at the beginning of the year[14] - The company's cash and bank balances increased to HKD 146,323,000 from HKD 102,770,000, representing a growth of 42.3%[14] - The company has unutilized bank financing of HKD 445,034,000 as of December 31, 2024, which supports its liquidity position[24] Assets and Liabilities - Non-current assets decreased to HKD 1,450.970 million as of December 31, 2024, from HKD 1,517.086 million in the previous year[11] - Current liabilities increased to HKD 986.808 million as of December 31, 2024, compared to HKD 785.097 million in the previous year, indicating a rise in short-term financial obligations[12] - The company's net assets decreased to HKD 497.440 million as of December 31, 2024, from HKD 613.513 million in the previous year, reflecting a decline in overall equity[13] - The total equity attributable to shareholders as of December 31, 2024, was HKD 707,779,000, down from HKD 799,224,000 in 2023, indicating a decline of 11.5%[16] - The company's total current liabilities amounted to HKD 498,227,000 as of December 31, 2024[24] Shareholder and Capital Structure - The board did not recommend the payment of an interim dividend for the twelve months ended December 31, 2024, consistent with the previous year[6] - The company repurchased 11,670,000 shares at a total cost of HKD 1,268,000 during the year, compared to 3,680,000 shares for HKD 495,000 in the previous year[16] - The company's issued and paid-up share capital remains at HKD 55,130,000, with 5,513,000,000 shares issued as of December 31, 2024[58] - The company has capital commitments of HKD 5,569,000 for properties, plants, and equipment, down from HKD 14,968,000 in the previous year[59] Governance and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the interim financial report for the period ending December 31, 2024[140] - The company has maintained the required public float according to listing rules as of the report date[136] - The company has adopted the corporate governance code and has complied with applicable provisions, with some deviations noted regarding the roles of the chairman and CEO[137] Foreign Exchange and Risk Management - The company reported a significant decrease in foreign exchange losses, with a net loss of HKD 2,170,000 compared to HKD 7,218,000 in the previous year[26] - The company has not entered into any arrangements to hedge foreign exchange risks, which may impact operational performance due to fluctuations in the exchange rates of RMB and HKD[106] - The group is closely monitoring foreign exchange rate fluctuations to manage currency risk[106] Employment and Operational Changes - The group has a total of 410 employees as of December 31, 2024, a slight decrease from 412 employees a year earlier[99] - The group entered into a lease agreement for a commercial property in Guangzhou, China, with a total floor area of approximately 8,944 square meters, starting from January 1, 2025, with a monthly rent of RMB 686,712 (approximately HKD 730,675) for the first year[101] Strategic Initiatives - The company plans to review its investment property portfolio and adjust its investment strategy as necessary to improve cash flow[24] - The company plans to focus on water supply and property investment and development businesses to provide stable revenue sources while exploring potential investment opportunities in other segments[66]
环球实业科技(01026) - 2024 - 中期业绩
2025-02-28 14:53
Financial Performance - Revenue for the twelve months ending December 31, 2024, was approximately HKD 331.05 million, an increase of about HKD 11.9 million or 3.7% compared to HKD 319.15 million for the same period in 2023[4] - Net loss attributable to shareholders for the twelve months ending December 31, 2024, was approximately HKD 69.13 million, a decrease of about HKD 68.21 million from HKD 137.34 million in the previous year[4] - Basic and diluted loss per share for the twelve months ending December 31, 2024, was HKD 1.25, compared to HKD 2.49 for the same period in 2023[4] - Total comprehensive loss for the twelve months ending December 31, 2024, was HKD 114.805 million, compared to HKD 189.420 million in the previous year[6] - The company reported a total comprehensive loss for the period of HKD 90,177,000, compared to a loss of HKD 158,374,000 in the previous year, indicating an improvement of 43%[13] - The group recorded a net loss of HKD 102,752,000 for the twelve months ended December 31, 2024, compared to a net loss of HKD 192,709,000 in 2023, indicating an improvement in financial performance[21] - The company's loss attributable to shareholders for the twelve months ended December 31, 2024, was HKD (69,127,000), a significant improvement from HKD (137,336,000) in 2023, indicating a reduction in losses by about 49.7%[40] Revenue Breakdown - Water supply and related services revenue increased to HKD 294,307,000 from HKD 286,829,000, reflecting a growth of 2.1%[20] - Revenue from water supply and related services was approximately HKD 308,422,000, up 3.47% or about HKD 10,343,000 year-on-year, driven by increased installation, construction, and maintenance income[68] - The property investment and development segment recorded revenue of approximately HKD 22,527,000, an increase of about HKD 1,718,000 from the previous year, supported by improved market conditions and consumer confidence[68] - The financial services segment reported revenue of approximately HKD 100,000, a decrease of 61% compared to HKD 259,000 in the previous year, due to enhanced credit monitoring for margin clients[69] Cash Flow and Liquidity - The net cash generated from operating activities for the year ended December 31, 2024, was HKD 118,019,000, a decrease of 13.7% compared to HKD 136,907,000 in 2023[11] - The net cash used in investing activities significantly improved to HKD (28,167,000) from HKD (296,508,000) in the previous year, indicating a reduction of 90.5%[11] - The net cash used in financing activities also decreased to HKD (84,664,000) from HKD (166,190,000), reflecting a reduction of 49.1%[11] - The net increase in cash and cash equivalents was HKD 5,188,000, a significant recovery from a decrease of HKD (325,791,000) in 2023[11] - As of December 31, 2024, cash and cash equivalents totaled HKD 228,010,000, slightly up from HKD 226,402,000 at the beginning of the year[11] - Cash and bank balances increased to HKD 146,323,000 from HKD 102,770,000, representing a growth of 42.3%[11] - Cash and bank balances increased to HKD 149,589,000 in 2024 from HKD 106,034,000 in 2023, representing an increase of 41%[53] Assets and Liabilities - Non-current assets as of December 31, 2024, totaled HKD 1,450.97 million, down from HKD 1,517.086 million in the previous year[8] - Current liabilities increased to HKD 986.808 million as of December 31, 2024, compared to HKD 785.097 million in the previous year[9] - Net assets as of December 31, 2024, were HKD 497.440 million, a decrease from HKD 613.513 million in the previous year[9] - The group’s total liabilities included a net current liability of HKD 498,227,000 as of December 31, 2024, indicating a need for careful cash flow management[21] - The group's asset-liability ratio increased to 73% as of December 31, 2024, compared to 69% as of December 31, 2023[109] Corporate Governance and Compliance - The company has adopted the corporate governance code as per the Stock Exchange Listing Rules, with a deviation where the roles of Chairman and CEO are held by the same individual, which is against the code's stipulation[129] - The board will regularly review and propose amendments as necessary to ensure compliance with the corporate governance code[130] - The Audit Committee, established in October 2001, comprises three independent non-executive directors and is responsible for reviewing financial reporting procedures and risk management systems[134] - The second interim financial report for the twelve months ending December 31, 2024, has been reviewed by the Audit Committee but not audited[134] Future Plans and Commitments - The group plans to focus on water supply and property investment and development businesses to provide stable income sources while exploring potential investment opportunities in other segments[72] - The company will consider raising additional debt or equity financing for any significant expansion, development, investment, or acquisition that may arise in the future[118] - The company has capital commitments for property, plant, and equipment amounting to HKD 5,569,000 in 2024, down from HKD 14,968,000 in 2023[62]
环球实业科技(01026) - 2024 - 中期财报
2024-09-27 08:34
Financial Performance - Revenue for the six months ended June 30, 2024, was approximately HKD 147.05 million, a decrease of about 4% compared to HKD 153.09 million for the same period last year[2]. - Net loss attributable to shareholders for the six months ended June 30, 2024, was approximately HKD 40.6 million, a slight decrease from HKD 41.59 million in the previous year[2]. - Basic and diluted loss per share for the six months ended June 30, 2024, was HKD 0.74, compared to HKD 0.75 for the same period last year[2]. - Total comprehensive loss for the six months ended June 30, 2024, was HKD 69.234 million, down from HKD 95.592 million in the previous year[6]. - The company recorded a net loss of HKD 61,554,000 for the six months ended June 30, 2024, compared to the previous year's performance, indicating ongoing financial challenges[16]. - The group reported a revenue of approximately HKD 147,049,000 for the six months ended June 30, 2024, a decrease of 4% or about HKD 6,042,000 compared to HKD 153,091,000 in the same period last year[78]. - The group recorded a net loss attributable to shareholders of approximately HKD 40,595,000, a slight decrease of about HKD 997,000 from a net loss of HKD 41,592,000 in the previous year[79]. Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to HKD 1,449.902 million, a decrease from HKD 1,517.086 million as of December 31, 2023[7]. - Current assets as of June 30, 2024, totaled HKD 507.132 million, down from HKD 525.296 million as of December 31, 2023[8]. - Total liabilities as of June 30, 2024, were HKD 809.138 million, compared to HKD 785.097 million as of December 31, 2023[9]. - Net assets as of June 30, 2024, were HKD 543.862 million, a decrease from HKD 613.513 million as of December 31, 2023[9]. - The net current liabilities as of June 30, 2024, were HKD 302,006,000, highlighting liquidity concerns[16]. - The group's total liabilities decreased to HKD 147,774,000 as of June 30, 2024, from HKD 154,217,000 as of December 31, 2023, indicating a reduction of approximately 4.1%[61]. - The asset-liability ratio as of June 30, 2024, was 71%, up from 69% as of December 31, 2023[97]. Cash Flow - For the six months ended June 30, 2024, the net cash generated from operating activities was HKD 51,420,000, a decrease of 18.1% compared to HKD 62,807,000 for the same period in 2023[10]. - The net cash used in investing activities was HKD (10,510,000), significantly improved from HKD (186,143,000) in the previous year, indicating a reduction in capital expenditures[10]. - The net cash used in financing activities was HKD (51,227,000), compared to HKD (58,155,000) in the prior year, reflecting a decrease of 11.5%[10]. - The total cash and cash equivalents decreased by HKD 10,317,000, a significant improvement from a decrease of HKD 181,491,000 in the same period last year[10]. - As of June 30, 2024, the company had cash and cash equivalents of HKD 213,816,000, down from HKD 367,706,000 at the end of June 2023[10]. Revenue Breakdown - Revenue from water supply and related services was HKD 132,560,000, down from HKD 135,320,000, reflecting a decline of 2.0%[17]. - The property investment and development segment recorded revenue of approximately HKD 12,001,000, a decrease of about HKD 2,594,000 from HKD 14,595,000 in the previous year, attributed to a slowdown in market recovery and weakened consumer sentiment[78]. - The financial services segment generated revenue of approximately HKD 34,000, down 82% from HKD 187,000 in the same period last year, due to poor performance in the Hong Kong stock market affecting investor confidence[78]. Cost Management - The company reported a decrease in operating costs, employee costs, administrative expenses, and financial costs contributing to the reduced net loss[2]. - Employee costs, including directors' remuneration, decreased to HKD 24,847,000 from HKD 28,363,000, a reduction of 12.0%[21]. - General and administrative expenses were approximately HKD 33,776,000, a decrease of about HKD 908,000, mainly due to reduced operating and employee costs[82]. - Financial expenses were approximately HKD 21,118,000, a decrease of about HKD 4,432,000, primarily due to the repayment of part of the bank loans[84]. Shareholder Information - The board of directors did not recommend the payment of an interim dividend for the six months ended June 30, 2024[2]. - The company has a significant shareholder structure, with 永城, 朱女士, and Affluent Vast collectively holding 1,561,140,000 shares, representing 28.32% of the total issued share capital[114]. - 博舜 holds 600,000,000 shares, accounting for 10.88% of the total issued share capital[114]. - The company has not disclosed any other individuals with significant shareholdings or derivatives as of June 30, 2024[116]. Corporate Governance and Strategy - The company emphasizes the importance of environmental, social, and governance (ESG) responsibilities and is committed to maintaining high corporate governance standards and effective resource allocation[80]. - The company will continue to focus on market expansion and new strategies[136]. - The board consists of a total of seven members, ensuring diverse oversight[136]. - The company aims to enhance shareholder value through strategic initiatives[136].
环球实业科技(01026) - 2024 - 中期业绩
2024-08-28 14:57
Financial Performance - Revenue for the six months ended June 30, 2024, was approximately HKD 147.05 million, a decrease of about HKD 6.04 million or 4% compared to HKD 153.09 million for the same period last year[1]. - The net loss attributable to shareholders for the six months ended June 30, 2024, was approximately HKD 40.6 million, a decrease of about HKD 0.99 million from HKD 41.59 million for the same period last year[1]. - Basic and diluted loss per share for the six months ended June 30, 2024, was HKD 0.74, compared to HKD 0.75 for the same period last year[1]. - The gross profit for the six months ended June 30, 2024, was HKD 12.31 million, an increase from HKD 10.66 million for the same period last year[2]. - The company reported a total comprehensive loss of HKD 69.23 million for the six months ended June 30, 2024, compared to HKD 95.59 million for the same period last year[3]. - The company reported a loss before tax of HKD 41,115,000 for the six months ended June 30, 2024, compared to a loss of HKD 51,459,000 in 2023[18]. - The net loss attributable to shareholders for the six months ended June 30, 2024, was HKD 40,595,000, compared to a loss of HKD 41,592,000 for the same period in 2023[21]. Revenue Breakdown - Total revenue for the six months ended June 30, 2024, was HKD 147,049,000, a decrease of 3.4% from HKD 153,091,000 in 2023[12]. - Water supply and related services revenue was HKD 132,560,000, down from HKD 135,320,000, reflecting a decline of 2.0%[12]. - Rental and property management service revenue decreased to HKD 12,001,000 from HKD 14,595,000, a drop of 17.8%[12]. - The financial services segment reported revenue of approximately HKD 34,000, a significant decrease of 82% compared to HKD 187,000 in the same period last year, due to poor performance in the Hong Kong stock market[46]. Cash and Assets - Cash and cash equivalents as of June 30, 2024, were HKD 112.20 million, down from HKD 233.85 million as of June 30, 2023[6]. - The total assets less current liabilities as of June 30, 2024, were HKD 1,147.90 million, compared to HKD 1,257.29 million as of December 31, 2023[5]. - The company has unutilized bank financing of HKD 439,277,000 as of June 30, 2024[11]. - The company's total equity attributable to shareholders was HKD 744,258,000 as of June 30, 2024[7]. - The fair value of investment properties decreased by HKD 32,590,000 during the period, resulting in a net value of HKD 588,708,000 as of June 30, 2024[24]. Liabilities and Financial Position - As of June 30, 2024, the company's current liabilities net amount to HKD 302,006,000[11]. - The company's accumulated losses amounted to HKD 583,552,000 as of June 30, 2024[7]. - The total liabilities to total assets ratio increased to 71% on June 30, 2024, compared to 69% on December 31, 2023[76]. - The company has a total of HKD 817,075,000 in secured bank loans as of June 30, 2024, down from HKD 866,798,000 as of December 31, 2023[38]. Dividends and Share Capital - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with the previous year[1]. - The company's issued and paid-up share capital remains at HKD 55,130,000, with 5,513,000,000 shares as of June 30, 2024[41]. Operational Insights - The group plans to continue focusing on property investment and development in China and overseas, seeking potential investment opportunities to increase recurring income and achieve capital appreciation[47]. - The group anticipates that the water supply and property investment and development businesses will continue to provide stable income sources[48]. - The group is committed to maintaining high corporate governance standards and effective management systems to enhance competitiveness and long-term shareholder returns[48]. Audit and Governance - The independent review report for the interim results has been conducted by the auditor without any modifications, confirming the group's financial standing[86]. - The audit committee, consisting of three independent non-executive directors, oversees the financial reporting process and risk management systems[87]. - The interim financial report for the six months ending June 30, 2024, has not been audited but has been reviewed by the company's auditor[87].