Financial Performance - Revenue for the six months ended September 30, 2019, was HKD 298,025,000, a decrease of 14.5% from HKD 348,774,000 in the same period of 2018[24] - Gross profit for the same period was HKD 134,385,000, down 21.7% from HKD 171,605,000 year-on-year[24] - Profit before tax increased to HKD 116,941,000, up 8.0% from HKD 108,214,000 in the previous year[24] - Net profit for the period was HKD 97,492,000, representing an increase of 7.5% compared to HKD 90,900,000 in 2018[26] - Basic and diluted earnings per share were both HKD 0.082, an increase from HKD 0.076 in the prior year[26] - Total comprehensive income for the period was HKD 74,539,000, significantly up from HKD 28,651,000 in the same period last year[26] - The group reported a total segment profit of HKD 122,978,000, with public relations services generating HKD 100,094,000 and international roadshow services generating HKD 22,884,000[53] - The group’s pre-tax profit for the six months ended September 30, 2019, was HKD 116,941,000[53] - Profit increased by approximately 7.3% from HKD 90.9 million to HKD 97.5 million during the same period, mainly due to reduced investment losses[127] Assets and Liabilities - Non-current assets amounted to HKD 1,118,845,000, a decrease from HKD 1,308,747,000 as of March 31, 2019[28] - Current assets totaled HKD 925,367,000, an increase from HKD 623,863,000 as of March 31, 2019[28] - As of September 30, 2019, the total assets minus current liabilities amounted to HKD 1,542,123,000, an increase from HKD 1,499,821,000 as of March 31, 2019, representing a growth of approximately 2.83%[30] - The total equity as of September 30, 2019, was HKD 1,540,330,000, up from HKD 1,498,028,000 as of March 31, 2019, reflecting an increase of approximately 2.83%[30] - The company’s total liabilities as of September 30, 2019, were HKD 502,089,000, compared to HKD 432,789,000 as of March 31, 2019, reflecting an increase of about 15.99%[30] - The total assets of the group as of September 30, 2019, amounted to HKD 2,044,212,000, with public relations services holding HKD 886,389,000 in assets[61] - The total liabilities of the group as of September 30, 2019, were HKD 503,882,000, with public relations services accounting for HKD 111,388,000 of this total[61] Cash Flow and Investments - The net cash inflow from operating activities for the six months ended September 30, 2019, was HKD 185,926,000, compared to HKD 141,893,000 for the same period in 2018, indicating a year-over-year increase of about 31%[32] - The cash and cash equivalents at the end of the period were HKD 342,590,000, significantly higher than HKD 173,891,000 at the end of the same period last year, marking an increase of about 97%[32] - Investment income for the six months ended September 30, 2019, was HKD 26.7 million, down from HKD 39.1 million in the previous period[131] - The company recorded a gain of HKD 4.2 million from investment sales, compared to a loss of HKD 47.2 million in the previous period[131] Dividends and Shareholder Information - The company declared a final dividend of HKD 32,237,000 for the period, which was not present in the previous reporting period[34] - The company has not declared any dividends for the six months ending September 30, 2019, consistent with the previous year[142] - The company holds a significant equity interest of 67.56% in its subsidiary, Sapphire Star Investments Limited[155] - The company has a total of 806,640,000 shares, with 750,000,000 shares held by Mr. Liu Tianqi[155] Employee and Corporate Governance - The group has approximately 291 full-time employees as of September 30, 2019, with a compensation structure based on market terms and individual performance[170] - The company has adopted the standard code of conduct for securities trading as per the listing rules, ensuring compliance by all directors[173] - The audit committee consists of three independent non-executive directors, overseeing accounting principles and internal controls[174] - The company has complied with the corporate governance code, with minor deviations noted[167] Market Outlook and Strategic Initiatives - The company aims to enhance its competitive advantages through a comprehensive service offering and the development of a financial database platform[140] - The company remains confident in the prospects of the Hong Kong IPO market despite global economic uncertainties[140] - The company is focused on expanding its mobile internet professional services, with an investment of approximately HKD 26.1 million allocated for this purpose[149] - The company is actively pursuing market expansion and strategic partnerships to enhance its service offerings[149]

Financial Performance - The company's profit attributable to owners increased from approximately HKD 134.7 million for the year ended March 31, 2018, to approximately HKD 161.5 million for the year ended March 31, 2019, representing an increase of about 19.9%[14]. - Revenue increased from approximately HKD 479.6 million for the year ended March 31, 2018, to approximately HKD 651.4 million for the year ended March 31, 2019, reflecting an increase of about 35.8%[16]. - The profit for the financial public relations services segment was approximately HKD 232.2 million for the year ended March 31, 2019, an increase of about 55.7% from HKD 149.1 million in the previous year[18]. - The company’s earnings before tax for the year ended March 31, 2019, were HKD 195.8 million, compared to HKD 169.3 million in the previous year[4]. - The company reported a profit of HKD 161,513,000 for the year, compared to HKD 134,706,000 in the previous year, indicating an increase of about 19.8%[197]. - The total comprehensive income for the year was HKD 165,870,000, up from HKD 107,253,000 in 2018, marking an increase of approximately 54.5%[197]. - Basic earnings per share rose to HKD 0.135 from HKD 0.113, representing an increase of about 19.5%[191]. - Profit before tax increased to HKD 195,761,000 from HKD 169,292,000, reflecting a growth of about 15.6%[191]. Revenue Segments - The financial public relations services segment generated revenue of approximately HKD 526.9 million for the year ended March 31, 2019, up approximately 41.9% from HKD 371.3 million in the previous year[18]. - The revenue and profit from the international roadshow services increased by approximately 15.0% to HKD 124.5 million for the year ended March 31, 2018, compared to HKD 108.3 million in 2018, driven by an increase in the number of large IPOs in Hong Kong[23]. - Total revenue for the year ended March 31, 2019, was HKD 651,393,000, an increase from HKD 479,595,000 in the previous year, representing a growth of approximately 36%[191]. Assets and Liabilities - The total assets of the company as of March 31, 2019, were HKD 1,932.6 million, compared to HKD 2,378.9 million in the previous year[7]. - The total liabilities of the company as of March 31, 2019, were HKD 434.6 million, a decrease from HKD 1,026.9 million in the previous year[7]. - The group’s asset-to-liability ratio significantly decreased to 2.6% as of March 31, 2019, from 56.2% in 2018, due to the repayment of bank loans[25]. - The total liabilities decreased from HKD 1,025,887,000 in 2018 to HKD 432,789,000 in 2019, a reduction of approximately 57.8%[194]. - The total equity increased from HKD 1,352,040,000 in 2018 to HKD 1,498,028,000 in 2019, representing a growth of approximately 10.8%[194]. Dividends and Shareholder Information - The company proposed a final dividend of HKD 0.027 per share for the year ended March 31, 2019, subject to approval at the upcoming annual general meeting[15]. - The company reported a final dividend of HKD 0.027 per share for the year ending March 31, 2019, pending shareholder approval[52]. - As of March 31, 2019, the company had approximately HKD 102.6 million available for distribution as reserves[72]. - The company will suspend shareholder registration procedures from October 4 to October 8, 2019, for the purpose of qualifying for the proposed final dividend[36]. Corporate Governance and Compliance - The company emphasizes the importance of compliance with regulatory requirements and has maintained a good working relationship with regulators[54]. - The audit committee consists of three independent non-executive directors, responsible for reviewing and supervising the group's financial reporting and internal controls[102]. - The company has adopted corporate governance practices in line with the listing rules, with a commitment to high standards[108]. - The independent non-executive directors have confirmed their independence according to the company's articles of association[76]. - The company has established a three-tier internal control mechanism to enhance risk management efficiency[126]. Employee and Operational Information - The group has 297 full-time employees as of March 31, 2019, with compensation packages generally based on market terms and individual performance[34]. - The company provides competitive compensation and medical insurance to its employees, adhering to labor laws and regulations[150]. - The company has established occupational safety and health guidelines to ensure a safe working environment for employees[151]. - The company encourages employees to optimize resource usage, including the use of public transportation[147]. Environmental and Social Responsibility - The company has implemented measures to reduce energy consumption, including promoting a paperless office and using energy-efficient appliances[53]. - The company consumed approximately 532,000 kWh of electricity during the fiscal year, resulting in CO2 equivalent emissions of about 419,000 kg, with an energy consumption intensity of approximately 20.9 kWh per square foot[146]. - The company has implemented a green office program aimed at reducing energy consumption and improving resource efficiency[141]. - The group aims to fulfill its corporate social responsibility by participating in charitable donations and encouraging employee involvement in community activities[162]. Risk Management - The company faces operational and market risks influenced by macroeconomic conditions and financial instability[55]. - The compliance department conducted an assessment of the company's risk management and internal control, indicating no significant weaknesses in internal controls[127]. - The company has implemented a strict anti-corruption policy, ensuring ethical standards and conflict of interest management[161].