6月23日，截至港股收盘，恒生指数上涨0.67%，报23689.13点。志道国际（01220.HK）收报0.058港元/ 股，上涨9.43%，成交量12万股，成交额6600港元，振幅9.43%。 最近一个月来，志道国际累计跌幅17.19%，今年来累计跌幅55.46%，跑输恒生指数17.3%的涨幅。 财务数据显示，截至2024年9月30日，志道国际实现营业总收入294.8万元，同比减少98.25%；归母净利 润-391.74万元，同比减少140.42%；毛利率76.72%，资产负债率36.78%。 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，建筑行业市盈率（TTM）平均值为10.17倍，行业中值1.73倍。志道国际市盈率-1.04 倍，行业排名第201位；其他饮食天王(环球)（08619.HK）为0.15倍、浦江国际（02060.HK）为1.01 倍、饮食天王(环球)（08561.HK）为1.4倍、进升集团控股（01581.HK）为1.55倍、靛蓝星 （08373.HK）为1.58倍。 资料显示，志道国际(控股)有限公司为一家综合工业集团,总部设于香港,主要从事制造及销售铝型材产 品、电镀 ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HK$3.269 million, a significant decrease from HK$186.922 million in the same period in 2023[2] - Gross profit for the period was HK$2.508 million, down from HK$20.681 million in 2023[2] - The company reported a net loss of HK$4.424 million for the six months ended September 30, 2024, compared to a net profit of HK$10.669 million in the same period in 2023[2] - Total revenue and other income decreased from HK$187.158 million in 2023 to HK$3.542 million in 2024[39] - Pre-tax loss of HK$4.424 million in 2024 compared to a pre-tax profit of HK$10.669 million in 2023[36] - Total revenue for the period decreased to approximately 3.3 million HKD from 186.9 million HKD, with 2.4 million HKD coming from the funds lending business (2023: 2.8 million HKD)[65] - The construction business segment recorded a loss of approximately 1.3 million HKD, compared to a profit of 13.9 million HKD in the same period last year[65] - The funds lending business segment profit increased by 22.2% to approximately 1.1 million HKD (2023: 900,000 HKD)[65] Assets and Liabilities - Total assets as of September 30, 2024, were HK$275.743 million, slightly up from HK$266.776 million as of March 31, 2024[9] - Total liabilities as of September 30, 2024, were HK$106.699 million, down from HK$112.715 million as of March 31, 2024[12] - Net current assets increased to HK$169.044 million as of September 30, 2024, from HK$154.061 million as of March 31, 2024[12] - The company's equity attributable to owners was HK$199.772 million as of September 30, 2024, down from HK$204.116 million as of March 31, 2024[12] - Non-current assets totaled HK$22.326 million as of September 30, 2024, compared to HK$41.696 million as of March 31, 2024[9] - The company's total equity decreased to HK$188.435 million as of September 30, 2024, from HK$192.859 million as of March 31, 2024[12] - As of September 30, 2024, the company's cash and bank balances were approximately 2.3 million HKD (March 31, 2024: 4.4 million HKD), and net assets were approximately 188.4 million HKD (March 31, 2024: 192.9 million HKD)[68] - The capital gearing ratio as of September 30, 2024, was 0.05 (March 31, 2024: 0.05), with total bank and other borrowings of approximately 10 million HKD (March 31, 2024: 12 million HKD) against shareholders' funds of approximately 199.8 million HKD (March 31, 2024: 204.1 million HKD)[68] Cash Flow - Net cash used in operating activities decreased significantly from HK$12.557 million in 2023 to HK$292 thousand in 2024[25] - Net cash from investing activities decreased from HK$490 thousand in 2023 to HK$273 thousand in 2024[25] - Net cash used in financing activities increased from HK$1.764 million in 2023 to HK$2.079 million in 2024[25] - Total cash and cash equivalents decreased from HK$6.961 million in 2023 to HK$2.329 million in 2024[25] - Cash and cash equivalents stood at HK$2.329 million as of September 30, 2024[9] Segment Performance - Revenue from the construction segment dropped sharply from HK$184.1 million in 2023 to HK$820 thousand in 2024[36] - Revenue from the loan financing segment decreased slightly from HK$2.822 million in 2023 to HK$2.449 million in 2024[36] - Construction costs decreased significantly from HK$166.241 million in 2023 to HK$761 thousand in 2024[41] Business Opportunities and Projects - The company identified 10 potential projects in Hong Kong with an approximate total contract value of 580 million HKD and 8 potential projects in Macau with an approximate total contract value of 152 million HKD[65] - The company is actively exploring potential opportunities in Hong Kong and Macau, including construction maintenance and scaffolding projects, and is also in discussions for potential business opportunities in the Indonesian market[66] Corporate Governance and Shareholding - The company's Chairman, Mr. Tong Yicheng, also serves as the CEO, deviating from the corporate governance code which recommends separating these roles[77] - Major shareholder Xu Jiao holds 450,000,000 ordinary shares, representing approximately 22.73% of the issued share capital[73] - Major shareholder Juedao Asset Investment Co., Ltd. holds 400,000,000 ordinary shares, representing approximately 20.20% of the issued share capital[73] - The company has not purchased, sold, or redeemed any listed securities during the period[80] Employee and Expenses - Employee benefit expenses decreased from HK$4.373 million in 2023 to HK$3.760 million in 2024[41] - The company has 10 employees as of September 30, 2024, with no change from March 31, 2024[71] - The company's employees in Hong Kong are covered by a mandatory provident fund scheme, while employees in China are members of the national retirement benefit plan[71] Audit and Financial Controls - The Audit Committee reviewed the unaudited condensed consolidated financial statements and expressed satisfaction with the accounting principles and internal control systems[78] Foreign Exchange and Risk Management - The company has no significant foreign exchange risk as almost all transactions and confirmed financial assets and liabilities are denominated in HKD or RMB[69] - The company has no foreign exchange hedging policy but will monitor foreign exchange risks as necessary[69] Dividends and Recommendations - The company does not recommend paying any dividends for the current period[70]

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 3,269 thousand, a significant decrease from HKD 186,922 thousand in the same period of 2023, representing a decline of approximately 98.2%[2] - Gross profit for the same period was HKD 2,508 thousand, down from HKD 20,681 thousand in 2023, indicating a decrease of about 87.9%[2] - The company recorded a loss before tax of HKD 4,424 thousand, compared to a profit of HKD 10,669 thousand in the previous year, marking a shift of approximately 141.5%[2] - Total revenue for the six months ended September 30, 2024, was HKD 3,269,000, down from HKD 186,922,000 in the same period last year[19] - The total profit before tax for the group was a loss of HKD 4,424,000, compared to a profit of HKD 10,669,000 for the same period in 2023[25] - The adjusted profit before tax for the construction segment was a loss of HKD 1,331,000, while the financing segment reported a profit of HKD 1,143,000[19] - The total income, including other income, amounted to HKD 3,542,000, down from HKD 187,158,000 in the same period last year[23] - The group incurred total costs of HKD 3,760,000 for salaries and wages, a decrease from HKD 4,373,000 in the previous year[25] - The group reported a loss of HKD 166,000 from the revaluation of financial assets, contrasting with a gain of HKD 728,000 in the previous year[25] Assets and Liabilities - Non-current assets as of September 30, 2024, totaled HKD 22,326 thousand, a decrease from HKD 41,696 thousand as of March 31, 2024, reflecting a decline of about 46.5%[5] - Current assets amounted to HKD 275,743 thousand, an increase from HKD 266,776 thousand in the previous period, representing a growth of approximately 3.7%[5] - Total liabilities decreased to HKD 106,699 thousand from HKD 112,715 thousand, indicating a reduction of about 5.4%[5] - The company's net asset value was HKD 188,435 thousand as of September 30, 2024, down from HKD 192,859 thousand, reflecting a decrease of approximately 2.3%[9] - The accounts receivable balance as of September 30, 2024, was 177,073,000 HKD, with a net value of 129,269,000 HKD after accounting for impairment[35] - The group’s loans receivable amounted to 97,900,000 HKD as of September 30, 2024, with interest rates ranging from 1% to 14%[39] - The group’s accounts receivable aging analysis shows 128,449,000 HKD overdue for more than one year as of September 30, 2024[36] Taxation - The group has no taxable profits generated in China for the periods ending September 30, 2023, and September 30, 2024, thus no provision for corporate income tax was made[30] - The group’s taxable profits in Macau are subject to a 12% tax rate for profits exceeding 600,000 MOP, while profits below this threshold are exempt from taxation[27] - The group reported total tax expenses of 1,906,000 HKD for the period, with contributions from Hong Kong and Macau[31] Business Operations - The company continues to focus on its core business areas, including aluminum product trading and construction services, as part of its strategic direction[11] - For the six months ended September 30, 2024, the revenue from construction projects was HKD 820,000, a significant decrease from HKD 184,100,000 for the same period in 2023[19] - The revenue from financing loans was HKD 2,449,000, compared to HKD 2,822,000 in the previous year, indicating a decline in this segment as well[19] - The financing business segment recorded a profit of approximately HKD 1.1 million, representing a 22.2% increase compared to HKD 900,000 in the same period last year[47] - The group is actively seeking potential opportunities in the Hong Kong and Macau construction markets, as well as exploring potential business in the Indonesian market[49] - The group identified 10 potential projects in Hong Kong with an estimated total contract value of HKD 580 million and 8 potential projects in Macau with an estimated total contract value of HKD 152 million[48] Corporate Governance - The company has established an Audit Committee consisting of three independent non-executive directors, responsible for reviewing annual and semi-annual financial reports[59] - The Audit Committee has expressed satisfaction with the unaudited condensed consolidated financial statements for the period, including the adequacy of accounting principles and internal control systems[61] - The company did not engage in any purchases, sales, or redemptions of its listed securities during the period[62] - The board of directors includes six members, with three executive directors and three independent non-executive directors[63] Shareholder Information - Basic loss per share for the period was HKD (0.22), compared to a profit of HKD 0.5 in the same period last year[4] - The group has not declared any dividends for the current period, consistent with the previous period[33] - The group has no potential dilutive ordinary shares outstanding as of September 30, 2024, and September 30, 2023[32] Cash and Financial Position - As of September 30, 2024, the group's cash and bank balances were approximately HKD 2.3 million, down from HKD 4.4 million as of March 31, 2024[51] - The capital debt ratio was approximately 0.05 as of September 30, 2024, consistent with the ratio as of March 31, 2024[51]

Financial Performance - Total revenue for the year ended March 31, 2024, was approximately HKD 84.6 million, a decrease of 65.4% compared to HKD 244.3 million in the fiscal year 2023[4] - The construction business contributed approximately HKD 81.1 million in revenue, down from HKD 240.5 million in the previous year[4] - The financing business generated revenue of approximately HKD 3.5 million, slightly down from HKD 3.8 million in the previous year[4] - The company recorded contract revenue of HKD 81,107,000 related to construction and engineering services for the year ended March 31, 2024[184] Cash and Assets - As of March 31, 2024, cash and bank balances were approximately HKD 4.4 million, a significant decrease from HKD 20.7 million in the previous year[17] - Net asset value as of March 31, 2024, was approximately HKD 192.9 million, down from HKD 282.5 million in the previous year[17] - There were no reserves available for distribution to equity holders as of March 31, 2024[47] - As of March 31, 2024, the company's trade receivables and contract assets amounted to approximately HKD 128,721,000 and HKD 32,428,000, respectively, with impairment losses of about HKD 47,804,000 and HKD 5,173,000 deducted[185] Debt and Liabilities - The capital-to-debt ratio remained stable at approximately 0.05, with total bank borrowings of about HKD 12 million compared to HKD 13.7 million in the previous year[17] - As of March 31, 2024, the group had no significant liabilities[62] - The loan portfolio consists of 3 secured loans and 5 unsecured loans, totaling 8 loans[103] - The group has reduced the total amount of mortgaged properties to HKD 8.5 million from HKD 10.8 million in the previous year[9] Shareholder Information - The major shareholders include Hsu Chuan with 450,000,000 shares, representing 22.73% of the issued share capital, and Kado Asset Investment Limited with 400,000,000 shares, representing 20.20%[58] - The company does not recommend the payment of any dividends for the years ended March 31, 2024, and 2023[5] Governance and Compliance - The company has confirmed the independence of all non-executive directors as per the annual confirmation received[50] - The company has maintained compliance with the corporate governance code as per the Hong Kong Stock Exchange rules throughout the fiscal year ending March 31, 2024[76] - The company has confirmed that it has maintained sufficient public float as required by the listing rules[86] - The company secretary has been appointed since 2017 and is knowledgeable about the group's affairs, ensuring compliance with all listing rule requirements[129] Internal Controls and Risk Management - The company has implemented internal control policies to manage credit risk, considering factors such as the borrower's credit history and asset quality[125] - The credit control team conducts thorough assessments of applicants, including background checks and income verification[126] - The credit committee is responsible for monitoring the effectiveness of the internal control system and ensuring compliance with regulations[120] Board and Committees - The board of directors consists of three executive directors and three independent non-executive directors, ensuring independent judgment in decision-making[95] - The company held five board meetings during the year, with all directors participating in ongoing professional development[99] - The audit committee held two meetings during the year, with all members present at both meetings[116] - The company has established a remuneration committee to attract and retain talented individuals by shaping and executing compensation strategies[142] Audit and Financial Reporting - The independent auditor's report confirms that the consolidated financial statements fairly reflect the group's financial position as of March 31, 2024[157] - The audit committee has recommended the reappointment of the external auditor for the upcoming annual general meeting[161] - The external auditor provided both audit and non-audit services, with total fees disclosed in the annual report[120] Future Outlook and Strategy - The group continues to engage in discussions for potential projects in Macau and Hong Kong despite challenging market conditions and high-interest rates[14] - The group aims to maintain its market position in Macau and Hong Kong while exploring projects with good potential[15] - The company believes it has sufficient resources to continue operating for the foreseeable future, preparing financial statements on a going concern basis[113]

Financial Performance - The total gross loss for the year was approximately HKD 9,700,000, compared to a gross profit of approximately HKD 25,300,000 in the previous year, resulting in a gross margin of -11.5% versus +10.4%[7] - The total comprehensive loss for the year amounted to HKD 89,644,000, compared to HKD 15,270,000 in the previous year[22] - The basic loss per share was HKD 4.32, compared to HKD 0.64 in the previous year, reflecting a substantial increase in losses per share[22] - Revenue for 2024 was HKD 84,555 thousand, a decrease from HKD 244,346 thousand in 2023, indicating a decline of approximately 65.4%[49] - Gross loss for 2024 was HKD (9,716) thousand compared to a gross profit of HKD 25,307 thousand in 2023[49] - The total loss for the year was HKD (85,681) thousand, significantly higher than the loss of HKD (12,903) thousand in 2023[49] - The company reported a pre-tax loss of HKD (84,424) thousand in 2024 compared to a pre-tax loss of HKD (14,970) thousand in 2023[49] - The company reported a pre-tax loss of HKD 94,271,000 for the year ending March 31, 2024, compared to a loss of HKD 219,039,000 for the previous year, indicating a significant improvement[101] Revenue and Business Operations - The company did not record any revenue from aluminum trading during the year, while the previous year had no such revenue as well[7] - The company plans to continue reviewing its existing business model and seek appropriate opportunities to improve its aluminum trading business[7] - For the fiscal year ending March 31, 2024, total revenue from construction projects was HKD 81,107,000, while loan interest income was HKD 3,448,000, resulting in a total of HKD 84,555,000[67] - The construction business contributed approximately HKD 81,100,000 to revenue, down from HKD 240,500,000 in the previous year[142] - The company’s loan segment revenue decreased significantly from HKD 244,346,000 in 2023 to HKD 84,555,000 in 2024[69] - The company reported a decrease in revenue from major customer A from HKD 240,520,000 in 2023 to HKD 81,107,000 in 2024[70] Assets and Liabilities - Non-current liabilities decreased from HKD 5,103,000 in the previous year to HKD 2,898,000 this year, indicating a significant reduction in long-term debt[28] - The total equity attributable to equity holders of the company decreased from HKD 282,503,000 to HKD 192,859,000, indicating a decline in shareholder equity[28] - Total non-current assets decreased from HKD 64,594 thousand in 2023 to HKD 41,696 thousand in 2024, a reduction of approximately 35.4%[51] - Current liabilities rose significantly, with trade payables increasing from HKD 11,392 thousand in 2023 to HKD 61,875 thousand in 2024, a rise of approximately 442.5%[51] - The total assets minus current liabilities decreased from HKD 287,606 thousand in 2023 to HKD 195,757 thousand in 2024, a decrease of approximately 31.9%[51] - The group reported a total debt of HKD 126,716 thousand, with segment liabilities from construction projects at HKD 117,123 thousand[91] Cash Flow and Financial Position - As of March 31, 2024, the group's cash and bank balance is approximately HKD 4,400,000, down from HKD 20,700,000 in 2023[164] - The group's net asset value as of March 31, 2024, is approximately HKD 192,900,000, a decrease from HKD 282,500,000 in 2023[164] - The capital debt ratio as of March 31, 2024, is approximately 0.06, compared to 0.05 in 2023[164] - Total bank and other borrowings amount to approximately HKD 12,000,000 as of March 31, 2024, down from HKD 13,700,000 in 2023[164] - The company’s cash and cash equivalents are primarily held in HKD, MOP, and USD, with no use of financial instruments to hedge foreign exchange risks during the fiscal year[145] Operational Challenges - The company has incurred unexpected costs due to additional manpower and subcontractor resources allocated to expedite contract progress, contributing to the gross loss[7] - The company faced substantial impacts due to rising costs and a lack of viable projects, particularly in the construction sector, which has not shown significant recovery[118] - The group continues to face uncertainties and difficulties in financing, cost estimation management, and bidding due to the high interest rate environment[162] - The company has maintained strict monitoring of overdue balances to minimize credit risk, with senior management regularly reviewing the situation[107] Future Outlook - The company will continue to assess market opportunities for expansion and new product development[7] - The company anticipates gradual economic growth in the Macau and Hong Kong markets, despite challenges in the property sector[118] - The group has engaged in discussions for multiple potential projects in Macau and Hong Kong to create value in the coming years despite a challenging business environment[162] - The group maintains a strategy to develop its market position in Macau and Hong Kong despite adverse market conditions and high interest rates[163]

Financial Performance - Revenue for the six months ended September 30, 2023, was HKD 186,922,000, a significant increase from HKD 52,709,000 in the same period of 2022, representing a growth of 254%[1] - Gross profit for the same period was HKD 20,681,000, compared to HKD 7,751,000 in 2022, indicating an increase of 166%[1] - The company reported a profit before tax of HKD 12,575,000, up from HKD 654,000 in the previous year, marking a substantial increase of 1,826%[1] - Net profit for the period was HKD 10,669,000, compared to HKD 137,000 in 2022, reflecting a growth of 7,785%[3] - Basic earnings per share for the period was HKD 0.01, compared to HKD 0.5 in the previous year[3] - The construction project segment generated revenue of HKD 184,100,000, up from HKD 49,947,000 in the previous year, indicating a growth of 268%[20] - The pre-tax profit for the six months ended September 30, 2023, was HKD 10,669,000, compared to HKD 137,000 in the same period of 2022, reflecting a substantial increase[24] - The company incurred construction costs of HKD 166,241,000 for the period, which is significantly higher than HKD 44,958,000 in the previous year[24] - The total tax expense for the six months ended September 30, 2023, was HKD 1,906,000, compared to HKD 517,000 in the same period of 2022, showing an increase of 268%[28] - The company's profit attributable to ordinary shareholders for the period was approximately HKD 10,748,000, compared to HKD 166,000 for the six months ended September 30, 2022[29] - Total revenue increased from approximately HKD 52,700,000 to approximately HKD 186,900,000, with construction project revenue at approximately HKD 184,100,000, up from HKD 49,900,000 in the previous year[42] - The group reported a segment profit from construction projects of approximately HKD 13,900,000, compared to HKD 2,200,000 in the previous year, while the segment profit from loan business was approximately HKD 900,000, a decrease of 18.2% year-on-year[42] Assets and Liabilities - Total current assets increased to HKD 470,649,000 as of September 30, 2023, from HKD 344,625,000 as of March 31, 2023, representing a growth of 36.6%[4] - Total current liabilities rose to HKD 237,721,000 from HKD 121,613,000, indicating an increase of 95.8%[6] - The company's total assets less current liabilities amounted to HKD 297,463,000, up from HKD 287,606,000, showing a growth of 3%[6] - Cash and cash equivalents decreased to HKD 6,961,000 from HKD 20,655,000, a decline of 66.3%[9] - As of September 30, 2023, trade receivables amounted to HKD 177,106,000, up from HKD 154,837,000 as of March 31, 2023, with a net value of HKD 156,369,000 after impairment[31] - The group had cash and bank balances of approximately HKD 7,000,000 as of September 30, 2023, down from HKD 20,700,000 as of March 31, 2023, while net assets increased to approximately HKD 293,300,000[44] - The capital debt ratio as of September 30, 2023, was approximately 0.04, compared to 0.05 as of March 31, 2023, with total bank and other borrowings of approximately HKD 12,700,000[44] - As of September 30, 2023, the group reported receivables from loans and interest amounting to HKD 116,679,000, with a net value of HKD 59,163,000 after impairment[33] Cash Flow - The net cash flow from operating activities was negative at HKD 12,557,000, compared to a negative HKD 10,581,000 in the previous year[9] - The company has not generated any taxable profits in China during the reporting period, thus no provision for corporate income tax was made[25] Employee and Management Information - The company’s employee benefits expenses, including director remuneration, totaled HKD 4,373,000, compared to HKD 4,248,000 in the previous year[24] - As of September 30, 2023, the group had 16 employees, an increase from 15 employees as of March 31, 2023[48] - The company has established a mandatory provident fund scheme for all eligible employees in Hong Kong, with contributions based on a specific percentage of salary costs for its Chinese subsidiary employees[48] - The remuneration policy for employees is regularly reviewed and based on market terms, performance, and individual qualifications[48] - The company has not appointed a separate CEO, with the current chairman also serving as the CEO to provide strong leadership and effective decision-making[54] Shareholder Information - The major shareholder, Xu Jiao, holds 450,000,000 shares, representing approximately 22.73% of the company's issued share capital[50] - The beneficial owner of Jue Dao Asset Investment Limited holds 400,000,000 shares, accounting for about 20.20% of the company's issued share capital[50] - The company has no other individuals with disclosed interests in its shares or related securities as of September 30, 2023[51] Corporate Governance - The audit committee, composed of three independent non-executive directors, reviewed the group's unaudited condensed consolidated financial statements and expressed satisfaction with the internal control systems[55] - The board has adopted a standard code for securities trading, confirming compliance during the period[53] - The group does not recommend any dividend payment for the period, consistent with the previous year[30] Market Opportunities - The group is actively seeking opportunities in the Hong Kong and Macau construction markets despite delays caused by the pandemic[43] Other Income - Interest income for the period was HKD 234,000, slightly down from HKD 273,000 in the same period of 2022[24] - The company's other income totaled HKD 236,000, down from HKD 273,000 in the same period of 2022[23] - The company reported a loss of HKD 129,000 in the aluminum products trading segment, which is consistent with the loss of HKD 127,000 in the previous year[20]

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 就本公告全部或任何部分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。 ZHIDAO INTERNATIONAL (HOLDINGS) LIMITED 志 道 國 際（ 控 股 ）有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號：01220） 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告 Zhidao International (Holdings) Limited志道國際（控股）有限公司（「本公司」）之 董事會（「董事會」）欣然公佈本公司及其附屬公司（統稱「本集團」）截至二零 二 三 年 九 月 三 十 日 止 六 個 月（「本 期 間」）之 未 經 審 核 綜 合 中 期 業 績，連 同 比較數字如下： 簡明綜合損益及其他全面收益表 截至二零二三年九月三十日止六個月 截至九月三十日止六個月 二零二三年 二零二二年 （未經審核） （未經審核） 附註 千港元 千港元 收益 5, 6 186,922 52,709 ...

Financial Performance - For the fiscal year ending March 31, 2023, the company reported total revenue of approximately HKD 244.3 million, a 37.5% increase from HKD 177.7 million in the previous fiscal year, primarily driven by the construction business in Macau [6]. - The total gross profit for the year was approximately HKD 25.3 million, representing a growth of about 17.1% compared to HKD 21.6 million in the previous year, with a gross profit margin of approximately 10.4% [7]. - The company reported a loss before tax of HKD 14,970,000, an improvement from a loss of HKD 31,975,000 in the previous year [143]. - The net loss for the year was HKD 12,903,000, compared to a net loss of HKD 31,059,000 in the prior year, indicating a significant reduction in losses [143]. - The total comprehensive loss for the year was HKD 15,270,000, a decrease from HKD 34,943,000 in the previous year [143]. - The company reported a loss attributable to owners of HKD 24,910,000 for the year ended March 31, 2023, compared to a loss of HKD 12,747,000 in the previous year, representing a 95.5% increase in losses [145]. - Total comprehensive loss attributable to owners was HKD 28,794,000 for the year, up from HKD 15,114,000, indicating an increase of 90.5% [149]. Cash Flow and Financial Position - As of March 31, 2023, the company's cash and bank balances were approximately HKD 20.7 million, down from HKD 62.4 million in the previous year, while net assets were approximately HKD 282.5 million [11]. - The company's net cash flow from operating activities was negative HKD 45,945,000 for the year, worsening from negative HKD 23,354,000 in the previous year [151]. - The company reported a decrease in cash and cash equivalents of HKD 41,685,000 for the year, compared to a decrease of HKD 28,085,000 in the prior year [153]. - The company's equity attributable to owners decreased to HKD 293,540,000 in 2023 from HKD 308,654,000 in 2022, a decrease of 4.9% [147]. - The company's total cash and cash equivalents at year-end were HKD 19,004,000, a decrease from HKD 60,656,000 at the beginning of the year [153]. Business Operations - The main business activities include sales of aluminum products, supplying aluminum products for construction projects, and providing financing loans [30]. - The company anticipates that the reopening of the Chinese market post-pandemic will boost economic activity in Hong Kong and Macau, enhancing real estate development and construction project intentions [9]. - The company is actively seeking new project tenders and potential acquisitions or investments to mitigate risks associated with economic uncertainties [6]. - The group reported contract revenue of HKD 240,520,000 related to construction and engineering services for the year ended March 31, 2023 [120]. Governance and Compliance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange, maintaining compliance throughout the fiscal year ending March 31, 2023 [66]. - The board consists of three executive directors and three independent non-executive directors, ensuring a balanced composition for effective leadership [68]. - The company has established three permanent board committees: Audit Committee, Remuneration Committee, and Nomination Committee, with their roles defined in accordance with governance standards [77]. - The audit committee, established in January 2012, oversees the appointment and remuneration of external auditors and reviews the group's financial reporting [90]. Employee and Stakeholder Relations - The company has maintained a workforce of 15 employees, with compensation policies regularly reviewed based on market terms and individual performance [16]. - The board expressed gratitude to employees and shareholders for their contributions and support during the year [21]. - The company emphasizes the importance of employee retention through competitive compensation, discretionary bonuses, training, and occupational health and safety measures [61]. - The company encourages shareholder participation in annual general meetings, with voting results published on the company's and stock exchange's websites [107]. Risk Management and Financial Controls - The company is focused on enhancing internal controls and financial reporting processes to ensure compliance and accuracy in financial statements [136]. - The credit control team assesses potential borrowers' creditworthiness, including their credit history and the value of collateral, to determine loan amounts and terms [82]. - The company has purchased directors and officers liability insurance to mitigate risks faced by its directors and senior management [60]. - The company has implemented a stock option plan to reward eligible participants contributing to its operational success [61]. Environmental and Social Responsibility - The group is committed to reducing energy and resource usage to minimize environmental impact, with further details to be provided in the environmental, social, and governance report [19]. - The group has complied with various legal and regulatory requirements, ensuring employee welfare and data privacy [20].

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，概不會就本公告全部 或任何部分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。 ZHIDAO INTERNATIONAL (HOLDINGS) LIMITED 志 道 國 際（ 控 股 ）有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號：01220） 有關截至二零二三年三月三十一日止年度之 年度業績公告之補充公告 茲提述Zhidao International (Holdings) Limited志道國際（控股）有限公司*（「本公 司」，連同其附屬公司統稱「本集團」）日期為二零二三年六月三十日之截至二零二 三年三月三十一日止年度之年度業績公告（「年度業績公告」）。除另有說明外，本 公告所採用之詞彙與年度業績公告所界定者具有相同涵義。 本公司董事會謹此提供有關本集團就國富浩華（香港）會計師事務所有限公司（「國 富浩華」）之工作範圍之補充資料如下： 有關本集團載至二零二三年三月三十一日止年度之業績之年度業績公告所列載之 有關數字已由本集團核數師國富浩華與本集團截至二零二三 ...

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 就本公告全部或任何部分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。 ZHIDAO INTERNATIONAL (HOLDINGS) LIMITED 志 道 國 際（ 控 股 ）有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號：01220） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 年 度 業 績 公 告 Zhidao International (Holdings) Limited志道國際（控股）有限公司*（「本公司」）董 事會欣然宣佈本公司及其附屬公司（統稱「本集團」）截至二零二三年三月 三十一日止年度之年度業績，連同二零二二年同期之比較數字如下： 綜合損益及其他全面收益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 收益 4 244,346 177,652 銷售成本 (219,039) (156,038) 毛利 25,307 21,614 其他收入及收益 4 817 3,031 一般及行政 ...