Financial Performance - The Group reported unaudited condensed consolidated results for the six months ended June 30, 2021, with comparative figures for the same period in 2020[10]. - The total revenue for the Group during this period was approximately HKD 100 million, representing a year-on-year increase of 25%[10]. - The net profit attributable to shareholders for the first half of 2021 was approximately HKD 15 million, compared to a loss of HKD 5 million in the same period of 2020[10]. - The Group reported a net loss attributable to owners of approximately HK$42.4 million for the six months ended 30 June 2021, compared to a net profit of approximately HK$12.1 million for the same period in 2020, indicating a significant decline in performance[11]. - Revenue for the six months ended June 30, 2021, was HK$1,384,000, compared to HK$53,154,000 in 2020, representing a significant decline[104]. - The loss attributable to owners of the parent was HK$42,430,000, a sharp decrease from a profit of HK$12,079,000 in 2020[107]. - Total comprehensive loss for the period was HK$40,383,000, compared to a comprehensive income of HK$5,608,000 in 2020[112]. - The company reported a loss before tax from continuing operations for the six months ended June 30, 2021, after accounting for various expenses, including HK$19,768,000 for amortization of investment in film and television programs[160]. - The company reported a loss of HK$42,430,000 for the period ended June 30, 2021, compared to a profit of HK$12,079,000 in the same period of 2020[123]. Revenue Breakdown - Revenue from contracts with customers for the six months ended June 30, 2021, was HK$1,384,000, a significant decrease from HK$53,154,000 in 2020, representing a decline of approximately 97.4%[152]. - Revenue from motion pictures for the six months ended June 30, 2021, was HK$12,333,000, while film production services generated HK$22,173,000, and other services contributed HK$18,648,000[157]. - Total revenue from contracts with customers for the six months ended June 30, 2021, was HK$53,154,000, compared to HK$30,981,000 for the same period in 2020, representing a 71.5% increase[157]. User Engagement and Market Strategy - User engagement metrics showed a 30% increase in active users compared to the previous year, reaching 1.2 million active users[10]. - The Group plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2022[10]. - The Group is exploring new business opportunities and making efforts to expand market opportunities in Mainland China[45]. Investments and Future Outlook - The Group is investing in new technology development, allocating approximately HKD 5 million for R&D in the upcoming fiscal year[10]. - New product launches are expected to contribute an additional HKD 20 million in revenue for the second half of 2021[10]. - The management has provided an optimistic outlook, projecting a revenue growth of 20% for the full year 2021[10]. - The Group's film investments and projects are expected to contribute to future revenue growth as the market recovers from the pandemic[11]. Financial Position and Assets - As of June 30, 2021, the Group's movie and TV drama series products and investments amounted to approximately HK$667.0 million, an increase from approximately HK$573.0 million as of 31 December 2020[13]. - Net assets of the Group as of June 30, 2021, were approximately HK$136.19 million, down from approximately HK$176.58 million as of December 31, 2020[44]. - The Group's total assets as of June 30, 2021, were HK$1,032,014,000, unchanged from the previous year[150]. - The Group's total liabilities as of June 30, 2021, were HK$895,822,000, reflecting an increase from HK$841,882,000 in the previous year[150]. Cash Flow and Financing - The company reported net cash flows used in operating activities for the six months ended June 30, 2021, were HK$85,201,000, compared to cash inflows of HK$150,014,000 in the same period of 2020[130]. - Cash and cash equivalents at the end of the period were HK$96,899,000, down from HK$191,814,000 at the end of June 2020, reflecting a decrease of approximately 49.5% year-over-year[135]. - New bank loans and other borrowings amounted to HK$62,401,000 for the six months ended June 30, 2021, compared to HK$49,334,000 in the same period of 2020, indicating an increase of about 26.5%[136]. - The company reported finance costs of HK$5,830,000 for the period, an increase from HK$5,191,000 in the previous year[126]. Shareholder Information - The total number of issued shares of the company as of June 30, 2021, was 823,564,799 shares[82]. - The company has not granted any options under its share option scheme since its adoption on June 1, 2012[75]. - The company has no controlling shareholder as of June 30, 2021, with Timcha Investment Limited being the single largest shareholder[138]. Corporate Governance - The audit committee reviewed the condensed consolidated financial statements and confirmed compliance with applicable accounting standards and legal requirements[86]. - The company has complied with all applicable provisions of the Corporate Governance Code throughout the period, with some deviations noted[91]. - The Directors do not recommend any interim dividend for the six months ended June 30, 2021[51].

Starlight Culture Entertainment Group Limited 星光文化娛樂集團有限公司 (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: 1159 Pol DIRECTOR: ally 中期報告 CONTENTS 目錄 Corporate Information 公司資料 2 Management Discussion and Analysis 管理層討論及分析 5 Interim Condensed Consolidated Statement of Profit or Loss 中期簡明綜合損益表 18 Interim Condensed Consolidated Statement of Comprehensive Income 中期簡明綜合全面收益表 20 Interim Condensed Consolidated Statement of Financial Position 中期簡明綜合財務狀況表 21 Interim Condensed Consoli ...

Starlight Culture Entertainment Group Limited 星光文化娛樂集團有限公司 STARLIGHT CULTURE ENTERT/INMENT corporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) (Stock Code 股份代號: 1159) Annual Report 2019年報 Contents 目錄 Contents 目錄 Page 頁次 | --- | --- | |------------------------------------------------|----------------------| | | | | Corporate Information | 公司資料 | | Chairman's Statement | 主席報告 | | Management Discussion and Analysis | 管理層討論及分析 | | Corporate Governance Report | 企業管治報告 | | Environmental, Social and Gove ...

Starlight Culture Entertainment Group Limited 星光文化娛樂集團有限公司 (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: 1159 Interim Report 中期報告2019 | --- | --- | --- | |------------------------------------------------------------------|--------------------------|-------| | | | | | | | | | CONTENTS | 目錄 | | | Corporate Information | 公司資料 | 2 | | Management Discussion and Analysis | 管理層討論及分析 | 5 | | Interim Condensed Consolidated Statement of Profit or Loss | 中期簡明綜合損益表 | 19 | | Interim C ...