Revenue and Business Performance - The revenue from the outsourced business process management segment slightly reduced by 2.6% due to intensified competition and the impact of the Coronavirus pandemic on tourism and the gaming industry in Macau[14]. - The Group recorded revenue of approximately HK$91.4 million for FY2020, an increase of approximately HK$3.6 million from HK$87.8 million in FY2019[23]. - Revenue from the Outsourced Business Process Management decreased by approximately 2.6% to approximately HK$84.5 million in FY2020, contributing over 92.4% of the Group's total revenue[25]. - The Group generated approximately HK$4.9 million in revenue from the Money Lending Business, with a profit of approximately HK$2.1 million in FY2020, compared to HK$1.1 million and a profit of approximately HK$0.2 million in FY2019[31]. - Revenue from the gold-laden carbon processing business was approximately HK$2.1 million in FY2020, with a loss of approximately HK$1,000[40]. - The money lending business segment generated approximately HK$4.9 million in revenue, up from approximately HK$1.1 million in FY2019, marking its establishment as a new business segment[44]. - The Group diversified into the gold-laden carbon processing business, generating approximately HK$2.1 million in revenue during FY2020[44]. Business Diversification and Strategy - The company diversified its business into gold-laden carbon processing and the sale of precious metals in March 2020, establishing a production line in Yunnan province, PRC[15]. - The new business in gold-laden carbon processing is expected to benefit from increased demand for gold as a safe-haven asset amid economic uncertainty[15]. - The Group aims to achieve sustainable growth through both its outsourced business process management and the new gold processing venture[16]. - The Group plans to purchase gold-laden carbon from suppliers, including mining enterprises and traders, for processing[33]. - The Board is optimistic about future demand for gold, expecting the new gold-laden carbon processing business to broaden income streams and increase shareholder returns[63]. - The Group is optimistic about future global demand for gold, driven by increasing economic and political uncertainties, and is expanding into gold processing and sales of precious metals[68]. Financial Performance and Losses - The loss from the Outsourced Business Process Management segment was approximately HK$4.4 million in FY2020, a significant improvement from a loss of approximately HK$19.5 million in FY2019[25]. - The Group recorded a net loss attributable to owners of approximately HK$11.9 million for FY2020, a significant reduction from a net loss of approximately HK$38.9 million in FY2019[46]. - The decrease in net loss was attributed to a reduction in depreciation of property, plant, and equipment by approximately HK$8.1 million and a decrease in administrative expenses from approximately HK$56.3 million in FY2019 to approximately HK$34.7 million in FY2020[46]. Management and Operational Efficiency - A review of management and cost structure will be conducted to improve efficiency and reduce expenses as part of the long-term strategy[16]. - The Board is committed to improving management and cost structures to enhance efficiency and reduce expenses[32]. - The Group has identified key operational risks and manages them through standard operating procedures and regular assessments[96]. - The management regularly identifies and assesses major operational risks to implement appropriate mitigation measures[100]. Compliance and Risk Management - The Group has complied with relevant laws and regulations that significantly impact its business operations during FY2020[81]. - The Group actively manages liquidity risk by monitoring cash flows and maintaining an adequate level of cash and cash equivalents to support operations and mitigate cash flow fluctuations[97]. - To minimize credit risk, the Group has established a dedicated team for determining credit limits, approvals, and monitoring overdue debts[98]. - The Group collaborates with external professionals to ensure compliance with local laws and regulations, thereby managing compliance risk[99]. - The Group's financial risk management includes close monitoring of foreign currency exposure and considering hedging strategies when necessary[101]. Employee and Corporate Governance - The Group employed 45 permanent employees as of March 31, 2020, with a distribution of 2 in the PRC, 7 in Hong Kong, and 36 in Macau[78]. - The Group continues to review employee remuneration packages based on market conditions and individual performance, offering various benefits including retirement contributions and medical allowances[79]. - The company has maintained directors' and officers' liability insurance throughout the year to cover legal actions against its directors and officers[170]. - The company has a share option scheme effective from September 28, 2012, aimed at incentivizing eligible participants[194]. Shareholding and Dividends - The Directors do not recommend any dividend payment for the year ended March 31, 2020, consistent with the previous year[130]. - The Company currently has no pre-determined dividend payout ratio, with the Board considering various financial performance metrics before recommending dividends[131]. - As of March 31, 2020, there are no distributable reserves available for the company[144]. - Approximately 5.5% of the group's total turnover is attributable to its five largest customers, with the largest customer accounting for about 2.3%[148]. - The percentage of purchases from the group's five largest suppliers is approximately 96.3%, with the largest supplier accounting for about 46.5% of total purchases[157].

Financial Performance - Revenue for the six months ended September 30, 2019, was HK$44,276,000, an increase of 1.5% from HK$43,620,000 in the same period of 2018[11] - Gross profit for the same period was HK$14,293,000, representing a gross margin of 32.3%, compared to HK$12,445,000 in 2018[11] - Loss from operations decreased to HK$5,103,000, down from HK$12,970,000 in the previous year, indicating improved operational efficiency[11] - Loss before tax was HK$6,905,000, a reduction of 48.9% compared to HK$13,539,000 in the prior period[11] - Total comprehensive loss for the period was HK$6,905,000, compared to HK$13,508,000 in the same period last year[11] - Basic and diluted loss per share was HK$0.29, an improvement from HK$0.64 in the previous year[11] - For the six months ended September 30, 2019, the total comprehensive loss amounted to HK$6,905,000, compared to a loss of HK$13,508,000 for the same period in 2018, representing a decrease of approximately 48%[15] - The group reported a loss before tax of HK$6.905 million, a reduction from a loss of HK$13.539 million in the previous year[72] - The segment loss for the outsourced business process management was HK$1.735 million, an improvement from a loss of HK$6.516 million in the same period last year[72] Assets and Liabilities - Non-current assets decreased to HK$10,708,000 from HK$8,063,000 as of March 31, 2019[13] - Current assets totaled HK$58,665,000, down from HK$64,444,000 as of March 31, 2019[13] - Net current assets decreased to HK$23,384,000 from HK$32,934,000[13] - Total equity as of September 30, 2019, was HK$34,092,000, down from HK$40,997,000 as of March 31, 2019[13] - The total liabilities increased to HK$35.281 million as of September 30, 2019, compared to HK$31.510 million as of March 31, 2019[77] Cash Flow - The net cash used in operating activities for the six months ended September 30, 2019, was HK$14,503,000, an improvement from HK$22,101,000 in the previous year, indicating a reduction of about 34%[19] - The cash and cash equivalents at the end of the period were HK$11,277,000, down from HK$38,166,000 at the end of the previous period, reflecting a decrease of approximately 70%[19] - The company reported a net cash generated from financing activities of HK$7,963,000 for the six months ended September 30, 2019, compared to HK$61,369,000 in the same period of the previous year, a decrease of approximately 87%[19] Segment Performance - Revenue from the outsourced business process management segment was HK$42.012 million, while the information technology services segment reported no revenue[72] - The money lending services segment generated revenue of HK$2.264 million, compared to no revenue in the same period last year[72] - Revenue from electronic gaming equipment management services in Macau was HK$42,012,000, a decrease of 3.7% from HK$43,620,000 in the previous year[85] - Revenue generated from the money lending business was approximately HK$2.3 million, with a segment profit of approximately HK$2.0 million during the reporting period[200] Investments and Fair Value - The Group's investment in Primus, a company in the USA, amounts to HK$155,460,000, representing 20.82% equity interest, classified as equity investments at fair value through other comprehensive income[117] - A loss of HK$54,157,000 from changes in fair value of equity investments was recognized in other comprehensive income for the year ended March 31, 2019[118] - The Group's Level 3 fair value measurements as of March 31, 2019, were valued by an independent valuer with relevant qualifications and recent experience in valuation[59] Management and Strategy - The Group's overall financial strategy includes a focus on managing credit risk through the grouping of receivables based on shared credit risk characteristics[135] - The Group's overall strategy remains unchanged from prior periods, focusing on optimizing the debt and equity balance to maximize returns to shareholders[159] - The Directors consider the cost of capital and associated risks as part of their regular review of the capital structure[159] Share Capital and Dividends - The company’s share capital remained unchanged at HK$23,663,000 from April 1, 2019, to September 30, 2019[15] - No dividend was recommended for the six months ended September 30, 2019, and 2018[100] Other Financial Information - The Group incurred no provision for Hong Kong profits tax as there were no assessable profits for the periods ended September 30, 2019, and 2018[94] - The Group's financial statements for the six months ended September 30, 2019, are unaudited, reflecting interim performance[138]

Financial Performance - The Group recorded revenue of approximately HK$87.8 million for FY2019, a decrease of approximately 21.9% from HK$112.4 million in FY2018[20]. - Revenue from the Outsourced Business Process Management decreased by approximately 19.0% from HK$107.0 million in FY2018 to approximately HK$86.7 million in FY2019, contributing over 98.7% of the Group's total revenue[21]. - The loss from the Outsourced Business Process Management segment increased to approximately HK$19.5 million in FY2019, compared to a loss of approximately HK$11.6 million in FY2018[21]. - The Group reported a net loss attributable to owners of approximately HK$38.9 million for FY2019, a significant decrease from approximately HK$131.6 million in FY2018, representing a reduction of about 70.5%[44]. - The total revenue for the Group in FY2019 was approximately HK$87.8 million, a decrease of approximately 21.9% from HK$112.4 million in FY2018[40]. Business Segments - The information technology services business, focusing on fintech, has started generating revenue for the Group after establishing key partnerships and acquiring licensed subsidiaries[12]. - The Group's revived fintech-related commercial factoring and money lending business has begun to contribute to overall revenue[20]. - Revenue from the information technology services business was approximately HK$58,000 in FY2019, compared to nil in FY2018[40]. - The money lending business generated approximately HK$1.1 million in revenue in FY2019, marking it as a new business segment for the Group[40]. - The Outsourced Business Process Management business contributed approximately 98.7% of the Group's total revenue, down from 95.2% in FY2018[40]. Strategic Initiatives - The Board plans to achieve sustainable growth by expanding into the Greater Bay Area and capturing opportunities in other high-growth Asian countries[13]. - The Group aims to maintain competitiveness by cautiously controlling operating costs while focusing on its core business[22]. - The Group has formed strategic partnerships with leading financial and fintech companies to enhance its business operations[29]. - The Group is actively seeking investment opportunities to expand and upgrade its business, particularly in electrical energy storage system solutions[37]. - The Group's operations in Macau position it to capitalize on opportunities arising from the Greater Bay Area development plan[84]. Cost Management - Operating, administrative, and other expenses decreased from approximately HK$70.0 million in FY2018 to approximately HK$56.3 million in FY2019, a reduction of about 19.6%[48]. - Staff costs decreased by approximately 45.5%, from approximately HK$29.8 million in FY2018 to approximately HK$16.2 million in FY2019[48]. - The accounting loss from impairment of various assets decreased from approximately HK$102.5 million in FY2018 to approximately HK$4.1 million in FY2019, a reduction of about 96%[48]. Investments and Acquisitions - The Group's investment in Primus Power Corporation resulted in a fair value change of approximately HK$54.2 million recognized in FY2019[38]. - The company acquired Powerful Finance Limited for a total consideration of HK$400,000, which is now a wholly owned subsidiary[69]. - The total consideration for the acquisition of Powerful Finance Limited was HK$400,000, which was settled in cash[98]. - The Group purchased trade receivables totaling RMB3.97 million from an independent commercial factoring company, scheduled to be repaid by the end of March 2019[89]. Risk Management - The Group's management regularly identifies and assesses key operational exposures to manage operational risks effectively[124]. - Financial risks include liquidity risk, foreign exchange rate risk, and credit risk, with measures in place to monitor and mitigate these risks[125]. - The company is focused on addressing crisis events that could disrupt business operations, indicating a proactive risk management approach[131]. - The management collaborates with external professionals to ensure compliance with local laws and regulations, mitigating compliance risks[130]. Governance and Compliance - The company has appointed experienced directors with backgrounds in finance, technology, and strategic management, enhancing governance[133][134][139][140]. - The independent non-executive directors bring diverse expertise in finance, auditing, and corporate governance, contributing to effective oversight[138][139][140]. - The Group has complied in material respects with relevant laws and regulations during FY2019[115]. - The company maintained directors' and officers' liability insurance throughout the year to cover legal actions against its directors and officers[193]. Share Capital and Dividends - For the financial year ended March 31, 2019, the Group did not recommend any dividend payment, consistent with the previous year[154]. - As of March 31, 2019, the Group had no reserves available for distribution, compared to approximately HK$23,117,000 in 2018[169]. - The Company currently does not have a pre-determined dividend payout ratio, and the Board has absolute discretion in recommending dividends[155]. - The Group's major activities are focused on the Macau market, indicating a strategic concentration in this region[153].