Financial Performance - The Group's revenue for the six months ended September 30, 2022, increased by approximately 128.7% to approximately HK$2,050.5 million, compared to approximately HK$896.5 million for the same period in 2021[19]. - Loss attributable to owners of the parent for the Period was approximately HK$23.6 million, a decrease from a profit of approximately HK$46.5 million for the six months ended September 30, 2021[21]. - The increase in revenue was primarily due to higher sales from the delivery of property development projects in which the Group has a controlling stake[20]. - The decrease in loss on disposal of financial assets for the Period compared to the corresponding period in 2021 partially offset the overall loss[21]. - The Company did not recommend the payment of any interim dividend for the six months ended September 30, 2022, compared to HK$0.1 cent per share for the same period in 2021[16]. - The Group recorded a decrease in delivery of completed residential projects from joint ventures, impacting overall profitability[21]. - There was a decrease in net fair value gains on investment properties during the Period[21]. - Impairment losses on property, plant, and equipment were recorded for the Period, contrasting with a reversal of such losses in the previous year[21]. - Revenue from property sales in agricultural produce exchange markets in the PRC decreased compared to the corresponding period in 2021[21]. - Gross profit was approximately HK$532.2 million with a gross profit margin of 26.0%, down from approximately HK$453.3 million and 50.6% respectively for the same period in 2021[26]. Assets and Liabilities - As of September 30, 2022, the Group's net assets were approximately HK$9,100.4 million, down from approximately HK$9,599.8 million as of March 31, 2022[29]. - Cash resources amounted to approximately HK$1,843.1 million, including cash and bank balances of approximately HK$1,712.9 million, a decrease from approximately HK$1,962.8 million and HK$1,489.9 million respectively[29]. - Total borrowings as of September 30, 2022, were approximately HK$6,636.1 million, resulting in a net debt position of approximately HK$4,923.2 million, improved from approximately HK$5,369.7 million[29]. - The Group's total assets as of 30 September 2022 were approximately HK$18,693.1 million, down from approximately HK$20,056.4 million on 31 March 2022[167]. - The Group's total debt as of 30 September 2022 was approximately HK$6,636.1 million, a decrease from approximately HK$6,859.6 million on 31 March 2022[168]. - The net debt to equity ratio as of 30 September 2022 was approximately 54.1%, down from approximately 55.9% on 31 March 2022[168]. - The Group's capital commitment as of 30 September 2022 amounted to approximately HK$1,100.9 million, significantly reduced from approximately HK$2,412.2 million on 31 March 2022[176]. - The Group's share of capital commitments to joint ventures was approximately HK$34.9 million as of 30 September 2022, down from approximately HK$43.3 million on 31 March 2022[176]. Revenue from Property Development - Revenue from the property development segment was approximately HK$1,358.2 million, with segment profit of approximately HK$106.8 million, compared to approximately HK$190.6 million and HK$139.1 million respectively in the prior year[35]. - The WOP Group's revenue from property development was approximately HK$1,250.0 million, mainly due to the sales recognition of "The Met. Azure" project, which generated total sales proceeds of approximately HK$1.6 billion[39]. - The "Larchwood" project, launched in August 2022, has sold 41 out of 98 units, generating total sales proceeds of approximately HK$201.0 million[45]. - The "maya" project, co-developed with CIFI, has sold all 326 units, resulting in total sales proceeds of approximately HK$4.3 billion[47][48]. - The "Altissimo" project has sold 530 out of 547 units, with total sales proceeds amounting to approximately HK$6.3 billion[49][50]. Joint Ventures and Acquisitions - The WOP Group has entered into a joint venture with APG, acquiring a 50% equity interest with a maximum capital commitment of HK$2.334 billion for residential property development in Hong Kong[53][56]. - In August 2022, WOP's subsidiary acquired a site at Nos. 128–130 Main Street, Ap Lei Chau, for redevelopment as part of "The Met." series[54][57]. - The APG JV acquired sites at Nos. 101 and 111 King's Road for approximately HK$1.3 billion, planned for redevelopment into a residential project with commercial space[63]. - The Group's joint venture with Jumbo Holding acquired a carpark podium in Aberdeen, Hong Kong, for HK$410.3 million, expected to meet high demand for parking spaces due to nearby residential developments[109]. Fresh Market and Agricultural Produce - The fresh market and agricultural produce exchange market segment reported a revenue decrease of approximately 0.9% to about HK$331.3 million for the six months ended September 30, 2022[82]. - Revenue from agricultural produce exchange markets in the PRC contributed approximately HK$195.4 million, while fresh market operations in Hong Kong contributed about HK$135.9 million[84]. - The Group's fresh market business includes approximately 600 stalls under the "Allmart" and "Day Day Fresh" brands, covering a total gross floor area of over 150,000 square feet[89]. - The Group aims to enhance shopping experiences at its fresh markets through improved layouts and high-quality management services[89]. - The Group is actively seeking to increase its land bank through acquisitions of ownerships in old buildings and participation in public tenders[81]. Pharmaceutical and Health Products - The WYT Group's revenue from pharmaceutical and health food products totaled approximately HK$298.7 million, representing an increase of approximately 17.5% compared to HK$254.2 million in the same period last year[122]. - The revenue of Chinese pharmaceutical and health food products recorded a healthy growth of approximately 11.1% compared to the same period in 2021[124]. - The total revenue of Western pharmaceutical and personal care products business grew by 80.6% over the corresponding period in 2021[134]. - The WYT Group is expanding its retail sales network and has launched three Chinese specialists centers in Central, Causeway Bay, and Jordan[130]. - "Madame Pearl's" has been the sales champion for cough syrup in Hong Kong for 12 consecutive years, supported by strategic sales and marketing efforts[136]. Financial Management and Investments - The Group's financial management approach emphasizes prudent risk control and efficient monitoring of financial resources[181]. - The Group's existing financial structure is deemed healthy, with sufficient resources to meet operational needs in the foreseeable future[181]. - The Group's financial assets at fair value through profit or loss (FVPL) totaled approximately HK$283.5 million, accounting for 3.1% of the Group's net assets[194]. - The total fair value loss for the Group's investments was approximately HK$133.96 million for the period[195]. - The Group executed subscriptions for interests in the Blackstone Real Estate Income Trust and CS Blackstone REIT Access Fund for a total of US$15.5 million, which were repurchased during the period[199].

Financial Performance - Revenue for the year ended March 31, 2022, was HK$1,856.0 million, a decrease of 3.2% from HK$1,918.3 million in 2021[16]. - Profit attributable to owners of the parent was a loss of HK$305.2 million, compared to a profit of HK$123.9 million in 2021, representing a decline of 346.3%[16]. - Basic loss per share was HK(2.06) cents, compared to earnings of HK0.77 cent in the previous year, a decrease of 367.5%[16]. - The Group's revenue for the year ended March 31, 2022, decreased by approximately 3.2% to approximately HK$1,856.0 million, compared to approximately HK$1,918.3 million in 2021[104]. - The loss attributable to owners of the parent was approximately HK$305.2 million, a significant turnaround from a profit of approximately HK$123.9 million in 2021[109]. Assets and Liabilities - Total assets as of March 31, 2022, were HK$20.06 billion, down 1.9% from HK$20.45 billion in 2021[16]. - Net assets decreased to HK$9.60 billion from HK$9.97 billion, a decline of 3.7%[16]. - The Group's net assets as of 31 March 2022 were approximately HK$9,599.8 million, down from approximately HK$9,969.0 million in 2021[109]. - Cash resources amounted to approximately HK$1,962.8 million, a decrease from approximately HK$2,471.9 million in 2021[109]. - Total borrowings as of 31 March 2022 were approximately HK$6,859.6 million, down from approximately HK$7,172.0 million in 2021[109]. Dividends - Total dividends declared per share were HK0.1 cent, a reduction of 66.7% from HK0.3 cent in the previous year[16]. - The Board does not recommend the payment of a final dividend for the year ended 31 March 2022, compared to a final dividend of HK0.2 cent per share in 2021[105]. - Total dividends for the year ended 31 March 2022 will be HK0.1 cent per ordinary share, down from HK0.3 cent in 2021[105]. Market Environment - The company reported a significant decline in profitability, indicating challenges in the market environment[16]. - The retail and catering industry faced severe challenges in early 2022 due to the Omicron variant, resulting in negative GDP growth in the first quarter[48]. - The Hong Kong economy showed a recovery momentum in 2021, with a GDP growth of 6.4% and a 5.6% increase in local private consumption expenditure[47]. Property Development - The property development segment includes residential and commercial properties in Hong Kong and property sales in China, with significant sales from projects like "maya" and "Altissimo"[54]. - The property development segment recorded revenue of approximately HK$418.6 million, a decrease from approximately HK$534.4 million in 2021[113]. - Revenue from property sales for the WOP Group was generated only from two jointly developed projects, amounting to HK$858.7 million, down from HK$3,343.8 million in 2021[113]. - The WOP Group's residential project "Maya" has sold 323 out of 326 units, with total contracted sales amounting to approximately HK$4.2 billion as of the date of the annual report[117]. - The "Altissimo" project has sold 528 out of 547 units, with total contracted sales of approximately HK$6.2 billion as of the date of the annual report[120]. Joint Ventures and Acquisitions - A joint venture was formed with Stichting Depositary APG to develop multiple urban redevelopment projects, enhancing the Group's asset-light operation model[60]. - WOP formed a joint venture, "Parkville JV," in June 2021 to acquire shops in Tuen Mun and partnered with Jumbo Holding to acquire an eight-story carpark podium in Aberdeen, aiming to enhance rental returns and capital appreciation[61]. - The WOP Group entered into a joint venture with APG Partner in November 2021, acquiring a 50% equity interest with a maximum capital commitment of HK$2,334 million for residential property development in Hong Kong[145]. Fresh Market Operations - The fresh market and agricultural produce exchange market business recorded a revenue increase of approximately 3.3% to approximately HK$676.1 million for the year ended March 31, 2022, compared to approximately HK$654.5 million in 2021[158]. - The Group managed a total of 11 agricultural produce exchange markets in mainland China, enhancing facilities to meet stringent health measures during the pandemic[68]. - The Group operates approximately 600 stalls in Hong Kong under the "Allmart" and "Day Day Fresh" brands, and 16 fresh markets in mainland China under the "Huimin" brand[73]. E-commerce and Product Development - The Group has actively developed its e-commerce market and cross-border sales platforms, responding to increased demand for Chinese medicines and health care products due to heightened public health awareness[80][81]. - WYT has introduced pet wellness products, which have become a stable revenue source for the company[82]. Community Support - The Group donated HK$3.0 million to support anti-pandemic efforts during the fifth wave of COVID-19, aiding vulnerable communities[86]. - WYT donated 7,000 tablets of Angong Niuhuang Wan and 100,000 packets of anti-infection tea to assist the community during the pandemic[90][94]. Future Strategies - Future strategies may focus on improving operational efficiency and exploring new market opportunities to recover from the current losses[16]. - The Group plans to maintain a prudent financial management strategy and ensure sufficient cash flow amid a complex international economic environment[92].

l WANG ON GROUP LIMITED 宏 安 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：1222 D INTERIM REPORT 中 期 報 告 | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | CONTENTS | | | | | 目錄 | | | | | Corporate Information | | 2 | | | | | | | | 公司資料 Interim Dividend | | 5 | | | 中期股息 | | | | | Closure of Register of Members | ...

wl WANG ON GROUP LIMITED 宏 安 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 : 1222 年報 ANNUAL REPORT | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | CONTENTS 目錄 | | | | | | | | | | | | | | | | | | Corporate Information 公司資料 | 2 | | | | | Financial Highlights 財務撮要 | 5 | | | | | Chairman's Statement 主席報告 | 8 | | | | | Management Discussion ...

uf()) WANG ON GROUP LIMITED 宏 安 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：1222 期 報告 INTERIM REPORT 2020 CONTENTS 目錄 Corporate Information 2 公司資料 簡明綜合損益及其他全面收益表 Interim Dividend 4 中期股息 Closure of Register of Members 4 暫停辦理股份過戶登記 Management Discussion and Analysis 5 管理層討論及分析 Disclosure of Interests 29 權益披露 Share Option Schemes 35 購股權計劃 Corporate Governance and Other Information 39 企業管治及其他資料 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive ...

WANG ON GROUP LIMITED 宏 安 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：1222 B 日 E 下白沙洲 年 報 ANNUAL REPORT Z Consolidated Statement of Financial Position 163 綜合財務狀況表 Consolidated Statement of Changes in Equity 165 綜合權益變動表 Consolidated Statement of Cash Flows 167 綜合現金流量表 Notes to Financial Statements 171 財務報表附註 Particulars of Properties 417 物業詳情 Five Year Financial Summary 419 五年財務概要 CONTENTS 目錄 Corporate Information 2 公司資料 Financial Highlights 4 財務撮要 Chairman's Stat ...

亚 WANG ON GROUP LIMITED 宏 安 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 : 1222 中 期 報 告 INTERIM REPORT 2019 CONTENTS 目錄 Corporate Information 2 公司資料 Interim Dividend 4 中期股息 Closure of Register of Members 4 暫停辦理股份過戶登記 Management Discussion and Analysis 5 管理層討論及分析 Disclosure of Interests 22 權益披露 Share Option Schemes 28 購股權計劃 Corporate Governance and Other Information 31 企業管治及其他資料 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 35 簡明 ...

WANG ON GROUP LIMITED 宏 安 集 團 有 限 公 司 Incorporated in Bermuda with limited liability 於百慕建註冊成立之有限公司 Stock Code 股份代號：1222 ANNUAL REPORT 年 報 2019 CONTENTS 目錄 | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | Corporate Information 公司資料 | 2 | | | | | Financial Highlights 財務撮要 | 6 | | | | | Chairman's Statement 主席報告 | 9 | | | | | Management Discussion and Analysis 管理層討論及分析 | 19 | | | | ...