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佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公佈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。 Hong Kong Finance Group Limited 香港信貸集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1273） 香港信貸集團有限公司（「公司」或「本公司」）之董事會（「董事會」或「董事」）欣然公佈本公 司及其附屬公司（統稱為「本集團」）截至2025年3月31日止年度之經審核綜合末期業績， 連同去年同期之比較數字如下： 綜合財務狀況表 截 至 2025 年 3 月 31 日止年度之 末期業績公佈 於2025年3月31日 | | | 於3月31日 | | | --- | --- | --- | --- | | | | 2025年 | 2024年 | | | 附註 | 千港元 | 千港元 | | 資產 | | | | | 現金及現金等價物 | | 33,486 | 28,376 | | 應收貸款及利息 | 12 | 781,486 | 894,018 | | 預付款項、按金及其 ...

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Financial Reporting and Compliance - The interim financial information for the six months ended September 30, 2024, has been reviewed and is in compliance with Hong Kong Accounting Standard 34 "Interim Financial Reporting" [10] - The Group's interim condensed consolidated statement of comprehensive income, financial position, changes in equity, and cash flows are included in the report [9] - The review was conducted in accordance with Hong Kong Standard on Review Engagements 2410, focusing on inquiries and analytical procedures [9] - No significant matters were identified that would lead to a belief that the interim financial information is not prepared in all material respects [10] - The report includes selected explanatory notes relevant to the interim financial information [9] - The review was performed by PricewaterhouseCoopers, a certified public accountant firm [13] - The report is intended solely for the Board of Directors of Hong Kong Finance Group Limited [9] - The financial information covers the period up to September 30, 2024, and is part of the interim report for 2024 [8] - The report emphasizes that it does not express an audit opinion due to the nature of the review [11] Financial Performance - Net interest income for the six months ended September 30, 2024, increased to HK$73,802, up 18.5% from HK$62,436 in the same period of 2023 [14] - Profit and total comprehensive income for the period reached HK$24,359, representing a 17.9% increase compared to HK$20,709 in the prior year [14] - Basic and diluted earnings per share rose to 5.87 HK cents, an increase of 17.6% from 4.99 HK cents in the previous year [14] - The total cash generated from operating activities increased to HK$73,287, compared to HK$62,198 in the same period last year, marking a 17.5% growth [22] - The company reported a profit attributable to owners of HK$24.4 million for the current period, representing a 17.9% increase from HK$20.7 million in the previous period [150] Financial Position - Total assets as of September 30, 2024, decreased to HK$1,112,821 from HK$1,134,998 as of March 31, 2024 [16] - Total equity attributable to owners of the Company increased to HK$835,582, up from HK$816,618 as of March 31, 2024 [16] - Current liabilities decreased to HK$273,211 from HK$314,196 as of March 31, 2024, reflecting a reduction of 13.1% [18] - Loans and interest receivables decreased to HK$546,720 from HK$627,138, indicating a decline of 12.8% [16] - As of September 30, 2024, the Group's loans and interest receivables amount to HK$912,847,000, with a provision for impairment of HK$48,848,000 [82] Cash Flow and Financing Activities - For the six months ended September 30, 2024, net cash generated from operating activities was HK$62,111, an increase of 24.3% compared to HK$49,896 for the same period in 2023 [22] - The company reported cash and cash equivalents at the end of the period of HK$32,020, down 23.4% from HK$41,704 in the previous year [22] - Cash flows from investing activities showed a net cash outflow of HK$3,212, significantly higher than HK$40 in the same period last year [22] - Net cash used in financing activities was HK$55,255, compared to HK$38,027 in the previous year, indicating an increase in financing costs [22] - The company made repayments of bank and other borrowings totaling HK$128,259, a significant reduction from HK$663,828 in the previous year, indicating a strategic shift in debt management [22] Impairment and Credit Risk - Impairment losses on loans and interest receivables increased to HK$9,017 from HK$3,616, indicating a significant rise in credit risk [14] - The expected loss rate for loans and interest receivables as of September 30, 2024, is 5.4%, up from 4.7% as of March 31, 2024 [82] - The Group noted an increase in forced sales rate and a decrease in fair value of underlying collaterals, contributing to higher impairment losses [141] - Average loan sizes were reduced and loan tenors shortened to manage credit risk effectively [142] Segment Performance - The Management Committee has identified two main operating segments: secured property mortgage loans and unsecured personal loans [52] - The performance of the segments is measured based on profit/loss before taxation, excluding unallocated income/expenses [53] - For the six months ended September 30, 2024, the total interest income from external customers was HK$82,959,000, with secured property mortgage loans contributing HK$56,108,000 and unsecured personal loans contributing HK$26,851,000 [58] - The total segment assets as of September 30, 2024, amounted to HK$1,112,821,000, with secured property mortgage loans at HK$719,503,000 and unsecured personal loans at HK$218,068,000 [58] Dividends and Shareholder Information - The company declared dividends of HK$5,395, consistent with the previous year [14] - The interim dividend declared is HK1.3 cents per ordinary share, totaling HK$5,395,000, which has not been recognized as payable as of September 30, 2024 [75][76] - Directors and the chief executive held significant interests in the Company, with Chan Koung Nam owning 300,000 shares (72.29%) and Chan Kwong Yin William holding 305,796 shares (73.69%) as of September 30, 2024 [171] Economic Outlook and Strategic Initiatives - The overall economic landscape remains challenging, with stagnation in both local residential and commercial property markets [127] - Management plans to diversify the loan portfolio, modify loan terms, and focus on high net-worth customers to adapt to market changes [168] - The Group's strategy includes reassessing and reinforcing credit policies to safeguard the quality of the loan portfolio while pursuing growth opportunities [168] - Following the removal of property market cooling measures, the Hong Kong prime rate began to decline in late September 2024, indicating potential changes in the property market [168] Corporate Governance and Compliance - The Audit Committee reviewed the unaudited interim financial information and the interim report for the current period [185] - The Company has complied with the Corporate Governance Code during the review period [183] - There were no changes in the information of the Directors since the publication of the 2024 annual report [185]

Financial Performance - Net interest income increased to HKD 73,802,000, up 18% from HKD 62,436,000 in the previous year[3] - Total comprehensive income for the period reached HKD 24,359,000, representing a 17% increase compared to HKD 20,709,000 in the same period last year[6] - Basic and diluted earnings per share rose to HKD 5.87, an increase of 17.6% from HKD 4.99[7] - The group reported a total profit for the period of HKD 24,359 thousand, compared to HKD 20,709 thousand for the same period in 2023, reflecting a year-on-year increase of 17.5%[32] - The company’s shareholders' profit attributable reached HKD 24,400,000, reflecting a growth of 17.9%[63] - Basic earnings per share increased to HKD 5.87 for the six months ended September 30, 2024, compared to HKD 4.99 for the same period in 2023, representing a growth of 17.6%[42] Assets and Liabilities - Total assets as of September 30, 2024, were HKD 1,112,821,000, a decrease from HKD 1,134,998,000 as of March 31, 2024[9] - Non-current assets totaled HKD 505,180,000, up from HKD 453,669,000 at the end of the previous fiscal year[9] - Current assets decreased to HKD 607,641,000 from HKD 681,329,000, reflecting a decline of approximately 10.8%[9] - Total liabilities decreased to HKD 277,239,000 from HKD 318,380,000, indicating a reduction of about 12.9%[11] - The total amount of loans and interest receivable, net of impairment provisions, was HKD 912,847,000 as of September 30, 2024, down from HKD 938,003,000 as of March 31, 2024, indicating a decrease of 2.7%[47] - The expected credit loss rate increased to 5.4% as of September 30, 2024, compared to 4.7% as of March 31, 2024[47] Income and Expenses - For the six months ended September 30, 2024, the total interest income from external customers was HKD 82,959 thousand, an increase of 13.5% compared to HKD 73,154 thousand for the same period in 2023[35] - The operating profit before tax for the mortgage loan segment was HKD 30,989 thousand, while the private loan segment reported an operating profit of HKD 10,203 thousand[27] - Interest income from mortgage loans increased by 18.9% to HKD 56,100,000, accounting for approximately 67.6% of total revenue[65] - Interest expenses decreased to HKD 9,157,000 for the six months ended September 30, 2024, down from HKD 10,718,000, a reduction of 14.6%[38] - The total employee cost for the period was HKD 14,400,000, compared to HKD 13,500,000 in 2023, with a total of 50 full-time employees as of September 30, 2024[87] - Other operating expenses increased to HKD 33,400,000, up HKD 2,000,000 or 6.4% from HKD 31,400,000 in 2023, primarily due to increased employee benefits and adjustments in salaries[75] Impairment and Losses - The impairment loss on loans and interest receivables increased to HKD 9,017,000 from HKD 3,616,000, marking a significant rise of 149%[3] - The impairment losses on loans and interest receivables for the first stage amounted to HKD 1,018 thousand, while the second and third stages reported HKD 2,208 thousand and HKD 5,791 thousand respectively, totaling HKD 9,017 thousand[35] - The company recorded a net impairment loss on receivables of HKD 10,600,000, compared to HKD 4,100,000 in the previous year[70] - The impairment losses on receivables and interest amounted to HKD 9,000,000, and the impairment losses on recovered assets were HKD 1,600,000, totaling HKD 10,600,000, an increase from HKD 4,100,000 in the previous period, reflecting a significant rise in default loans and receivable interest[73] Dividends and Shareholder Returns - The company maintained a dividend of HKD 5,395,000, consistent with the previous period[8] - The board declared an interim dividend of HKD 0.013 per share, consistent with the previous year, to be paid on January 14, 2025[99] Market and Strategic Outlook - The group expects that the newly issued and revised accounting standards will not have a significant impact on its operational performance and financial position[20] - The management anticipates potential recovery in the Hong Kong real estate market following the government's removal of cooling measures, with signs indicating that property prices may bottom out and transaction volumes could rise in the short term[93] - The company plans to diversify its loan portfolio and adjust loan terms to enhance credit policies, focusing on high-net-worth clients and realigning its product offerings in response to the expected economic recovery[93] Operational Segments - The group has identified two main operating segments: mortgage loans secured by properties and unsecured personal loans, with performance measured based on profit or loss before tax[21] - The total assets for the mortgage loan segment amounted to HKD 719,503 thousand, and for the private loan segment, it was HKD 218,068 thousand, leading to a total of HKD 1,112,821 thousand in segment assets[28] - The total liabilities for the mortgage loan segment were HKD (183,078) thousand, and for the private loan segment, it was HKD (51,435) thousand, leading to total segment liabilities of HKD (277,239) thousand[28] Financial Ratios - The current ratio improved to 2.22 from 2.17, and the debt ratio decreased to 0.26 from 0.34[81] - The net interest margin ratio increased to 16.3% from 13.6%, and the interest coverage ratio improved to 4.3 times from 3.6 times[81] Other Information - The company has not engaged in any significant investments or acquisitions during the period[84] - There were no significant events affecting the company or its subsidiaries from the end of the reporting period until the announcement date[85] - The group reported no significant foreign exchange risk during the period, as all business activities were denominated in HKD, and no derivative financial instruments were used for hedging foreign currency transactions[90] - There were no significant contingent liabilities or capital commitments as of September 30, 2024, maintaining a stable financial position[91][92] - As of September 30, 2024, the group has pledged assets worth HKD 116,700,000 in land and buildings, and HKD 47,200,000 in investment properties, alongside total loans and interest receivables of HKD 450,600,000 as collateral for bank borrowings[89]

Financial Performance - The Group's interest income decreased by HK$2.1 million or 1.3% to HK$158.9 million for the current year, primarily due to a decline in mortgage loan interest income[15]. - Interest income from mortgage loans fell by HK$3.8 million or 3.5% to HK$104.4 million, while personal loan interest income increased by HK$1.8 million or 3.4% to HK$54.5 million[16]. - The Group's overall financial performance was negatively impacted by economic uncertainties, including interest rate hikes and geopolitical tensions[9]. - Profit and total comprehensive income attributable to owners decreased to HK$42.7 million, representing a decline of 27.5% compared to HK$58.9 million in the previous year[43]. - Other income and gain decreased to HK$1.6 million from HK$3.3 million, primarily due to a reduction in rental income from investment properties[17]. - Other income and gains recorded for the year amounted to HK$1.6 million, down from HK$3.3 million in the previous year, mainly due to a decrease in rental income from investment properties[21]. - The Group recorded a provision for impairment and write-off of loans and interest receivables of HK$18.0 million for the current year[9]. - Provision for impairment and write-off of loans and interest receivables totaled HK$18.0 million, a significant increase from HK$5.8 million in the previous year, due to deteriorating property market conditions[24][28]. Loan Portfolio and Receivables - As of March 31, 2024, gross mortgage loan and interest receivables amounted to HK$732.2 million, and gross personal loan and interest receivables stood at HK$203.6 million[10]. - Mortgage loans contributed approximately 65.7% to total revenue, while unsecured personal loans accounted for about 34.3%[10]. - The gross property mortgage loans and interest receivables accounted for approximately 78.2% of the entire gross loan and interest receivables as of March 31, 2024, up from 77.8% in 2023[66]. - As of March 31, 2024, the gross personal loans and interest receivables accounted for approximately 21.8% of the total loan and interest receivables of the Group, a slight decrease from 22.2% in 2023[68]. - The Group had 736 active accounts as of March 31, 2024, an increase from 705 in 2023, with individual customers making up 690 accounts and corporate customers 46 accounts[70]. - The top five customers accounted for approximately 8% of total revenue in the current year, down from 10.8% in 2023, while the single largest customer contributed about 2.1%, down from 3.2%[71]. Interest Rates and Margins - The net interest margin for the money lending business improved to 16.0% from 15.4% in the previous year, attributed to increased interest rates charged to customers[42]. - The net interest margin increased to 16.0% for the current year, up from 15.4% in 2023, attributed to rising interest rates charged to customers[48]. - Interest rates for property mortgage loans ranged from 11% to 31% in 2024, compared to 9% to 36% in 2023[66]. - The interest rates for personal loans ranged from 12% to 44%, consistent with the previous year, while mortgage loan rates varied from 11% to 31%, up from 9% to 36% in 2023[72]. Economic Outlook and Market Conditions - The Centra-City Leading Index for Hong Kong's residential property market declined from 168.27 in March 2023 to 147.08 in March 2024, indicating a continued downturn[9]. - The economic outlook for Hong Kong in 2024 remains uncertain, influenced by factors such as the U.S. presidential election and Federal Reserve rate adjustments, which may constrain loan portfolio growth[95]. - The complete removal of property market cooling measures by the Hong Kong Government indicates potential for revival in the property sector, stimulating transactions and market momentum[96]. - Anticipated interest rate cuts from the second half of 2024 could gradually stabilize the property market, counteracting its previous downward trend[96]. Corporate Governance - The Group's corporate governance practices comply with the Code Provisions, ensuring transparency and accountability to shareholders[100]. - The Board consists of seven Directors, including four executive Directors and three independent non-executive Directors, ensuring a balance of skills in various fields such as accounting, business, and finance[129]. - The independent non-executive Directors have confirmed their independence in writing, ensuring compliance with the Listing Rules[136]. - The Board has conducted regular reviews of its authorisation and guidelines for management decisions, ensuring accountability[124]. - The Company has complied with the Listing Rules requiring at least three independent non-executive Directors, representing at least one-third of the Board[134]. - The Board's main task is to supervise management to maximize shareholder value while balancing stakeholder interests[137]. - The Company has implemented anti-corruption and bribery policies, providing guidance to employees on identifying and reporting violations[126]. - The Group's compliance with legal and regulatory requirements is regularly reviewed and monitored by the Board[142]. Risk Management - The Group emphasizes maintaining a robust risk management policy and credit review processes to ensure the quality of its loan portfolio[96]. - The Audit Committee reviewed and monitored the integrity of the interim results, annual results, and financial statements of the Company and the Group[169]. - The Audit Committee reviewed the effectiveness of the risk management and internal control systems of the Group[169]. - The Audit Committee discussed risk management and internal control systems with management to ensure effective systems are in place[169]. - The Board has established a framework for internal control and risk management to assess and manage the Group's risks[141]. Employee and Operational Metrics - Other operating expenses rose by HK$9.3 million or 16.3% to HK$66.5 million, primarily due to increased employee benefits and marketing expenses[33][34]. - The total staff costs for the Group were HK$31.2 million in the current year, compared to HK$28.7 million in 2023, reflecting an increase in employee expenses[84]. - The Group employed 49 full-time employees as of March 31, 2024, an increase from 47 in 2023, indicating a slight growth in workforce[84]. Committees and Meetings - The Company established three Board committees: Audit Committee, Remuneration Committee, and Nomination Committee to oversee relevant aspects of the Group's affairs[163]. - The Audit Committee held two meetings during the year ended March 31, 2024, with full attendance from all members[172]. - The Nomination Committee held two meetings during the year ended March 31, 2024, with all members attending both meetings[194]. - The Remuneration Committee determined the remuneration packages and bonuses for executive Directors and senior management in accordance with the company's written remuneration policy[182]. - All members of the Remuneration Committee are independent non-executive Directors, ensuring unbiased decision-making regarding remuneration[185].

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佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公佈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。 Hong Kong Finance Group Limited 香港信貸集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1273） 截 至 2024 年 3 月 31 日止年度之 末期業績公佈 | | | 於3月31日 | | | --- | --- | --- | --- | | | | 2024年 | 2023年 | | | 附註 | 千港元 | 千港元 | | 資產 | | | | | 非流動資產 | | | | | 物業、廠房及設備 | | 121,234 | 69,652 | | 投資物業 | | 48,100 | 105,200 | | 按公平值計入損益之金融資產 | | 800 | 800 | | 應收貸款 | 12 | 266,880 | 334,659 | | 遞延所得稅資產 | | 4,519 | 1,561 | | 投資於一間合營企業 | | 12,136 | 13,9 ...

Financial Performance - Revenue for the six months ended September 30, 2023, was HK$73,154,000, a decrease of 4.2% from HK$76,772,000 in the same period of 2022 [16]. - Operating profit decreased to HK$36,023,000, down 16.9% from HK$43,315,000 year-over-year [16]. - Profit attributable to owners of the Company for the period was HK$20,709,000, a decline of 23.3% compared to HK$27,016,000 in the prior year [16]. - Basic and diluted earnings per share decreased to 4.99 HK cents, down from 6.51 HK cents in the previous year [16]. - Profit before income tax was HK$25,493,000, down from HK$33,299,000, indicating a decline of 23.5% [50]. - The total comprehensive income attributable to owners of the Company for the period was HK$20,709,000, compared to HK$27,016,000, a decrease of 23.2% [50]. - The Group recorded other income of HK$0.6 million, down from HK$2.1 million in the previous period, primarily due to a decrease in rental income from investment properties [132]. - The current high interest rate environment and weakening economy in Mainland China have negatively impacted the Hong Kong economy and property market, leading to cautious investor behavior [180]. Financial Position - Total assets as of September 30, 2023, were HK$1,110,715,000, a decrease from HK$1,126,206,000 as of March 31, 2023 [17]. - Total equity attributable to owners of the Company increased to HK$800,029,000 from HK$784,715,000 at the end of March 2023 [17]. - Current liabilities decreased to HK$306,025,000 from HK$337,008,000 as of March 31, 2023 [18]. - Net current assets improved to HK$299,355,000, up from HK$263,368,000 at the end of March 2023 [18]. - Segment assets as of September 30, 2023, totaled HK$1,110,715,000, compared to HK$1,126,206,000 as of March 31, 2023 [52]. - Segment liabilities as of September 30, 2023, were HK$310,686,000, down from HK$341,491,000 [52]. - The Group's loans receivable, net of provision, was HK$831,530,000 as of September 30, 2023, down from HK$872,271,000 as of March 31, 2023, a decrease of about 4.7% [86]. Cash Flow - Cash generated from operating activities decreased to HK$62,198,000 in 2023 from HK$91,621,000 in 2022, representing a decline of 32% [22]. - Net cash generated from operating activities was HK$49,896,000, down 39% from HK$81,575,000 in the previous year [22]. - The total cash and cash equivalents at the end of the period stood at HK$41,704,000, down from HK$90,060,000 in 2022, a decrease of 54% [22]. - The Group's financing activities resulted in a net cash outflow of HK$38,027,000, compared to HK$2,225,000 in the prior period, reflecting increased repayment of borrowings [22]. Dividends and Shareholder Information - The Company declared dividends of HK$5,395,000, consistent with the previous year [16]. - A final dividend of HK1.3 cents per share, totaling HK$5,395,000, was declared in September 2023 [73]. - As of September 30, 2023, Chan Koung Nam holds 300,000 ordinary shares, representing 72.29% of the issued share capital of the company [186]. - Chan Kwong Yin William holds 305,760 ordinary shares, representing 73.68% of the issued share capital of the company [186]. - Tin Ching Holdings, a substantial shareholder, holds 300,000 ordinary shares, also representing 72.29% of the issued share capital [192]. - Head and Shoulders Global Investment Fund SPC holds 20,772 ordinary shares, representing 5.01% of the issued share capital [193]. Impairment and Provisions - For the six months ended September 30, 2023, the total provision for impairment and write-off of loans receivable and repossessed assets amounted to HK$4,060,000 [57]. - The provision for impairment of loans receivable included a reversal of HK$81,000 for Stage 1, a provision of HK$675,000 for Stage 2, and a provision of HK$2,934,000 for Stage 3, totaling HK$3,528,000 [57]. - The provision for impairment increased to HK$30,523,000 as of September 30, 2023, compared to HK$26,995,000 as of March 31, 2023, indicating a rise of about 9.4% [86]. - The total write-off of loans receivable for the six months ended September 30, 2023, was HK$88,000, compared to HK$33,000 in the same period of 2022 [57]. Business Segments - The Group's primary business segments include property mortgage loans and personal loans, with all revenue generated from external customers in Hong Kong [44]. - Revenue from property mortgage loans was HK$47,196,000, down from HK$50,376,000, representing a decline of 6.4% [54]. - Revenue from personal loans was HK$25,958,000, a slight decrease of 1.7% from HK$26,396,000 [54]. - The mortgage loan business contributed approximately 64.5% of the Group's revenue, while personal loans accounted for about 35.5% [125]. Administrative Expenses - Administrative expenses increased to HK$31,407,000 from HK$26,274,000, reflecting an increase of 19.5% [50]. - Administrative expenses increased by HK$5.1 million or 19.4% to HK$31.4 million, primarily due to higher employee benefit expenses and increased advertising and marketing spending [142]. Market Conditions and Strategy - The current high interest rate environment and weak property market in mainland China have negatively impacted Hong Kong's economy, leading to more cautious investment decisions [183]. - The company plans to closely monitor real estate market trends and adjust strategies accordingly, including diversifying the loan portfolio and tightening credit policies [183]. - The Group plans to diversify its loan portfolio and adjust credit policies in response to market challenges, focusing on high net-worth customers and personal loans with property owners [181]. Compliance and Risk Management - The Group's financial risk management policies have remained unchanged since the year-end, continuing to address market, credit, and liquidity risks [42]. - The Group has established policies to comply with the Money Lenders Ordinance and Anti-Money Laundering regulations, with no objections received regarding the renewal of its money lenders license [166]. - The Group has not experienced any significant foreign exchange risks as its business activities are denominated in Hong Kong dollars [173]. Other Financial Metrics - Current ratio improved to 1.98 as of 30 September 2023, up from 1.78 as of 31 March 2023 [159]. - Gearing ratio decreased to 0.31 as of 30 September 2023, down from 0.38 as of 31 March 2023 [159]. - Interest coverage ratio declined to 3.6 times for the current period, down from 4.8 times in the previous period [159]. - The weighted average effective interest rate on bank borrowings increased to 5.8% for the six months ended September 30, 2023, compared to 5.0% for the same period in 2022 [110].

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佈之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 Hong Kong Finance Group Limited 香港信貸集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1273） 截至2023年 9月30日止六個月之 中期業績公佈 香港信貸集團有限公司（「公司」或「本公司」）之董事會（「董事會」或「董事」）欣然公佈本公司及 其附屬公司（統稱「本集團」）截至2023年9月30日止六個月之中期業績，連同去年同期之比較 數字如下： 中期簡明綜合全面收入表 截至2023年9月30日止六個月 截至9月30日止六個月 2023年 2022年 附註 千港元 千港元 （未經審核） （未經審核） 收益 4, 5 73,154 76,772 其他收入 5 636 2,098 重估投資物業之公平值虧損 (2,300) (5,380) 應收貸款及收回資產減值撥備及撇銷淨額 6 (4,060) (3,901) ...

Financial Performance - The mortgage loan business contributed approximately 67.2% to the Group's revenue, with interest income increasing by 5.9% to HK$108.2 million for the current year[9]. - Interest income from the personal loan business increased by 2.7% to HK$52.7 million, contributing about 32.8% to the Group's revenue[9]. - Total interest income from the money lending business rose by HK$7.5 million or 4.9% to HK$161.0 million for the current year[14]. - The group's interest income from lending activities increased by HK$7.5 million or 4.9% to HK$161 million, primarily due to growth in mortgage loan income, which rose by HK$6 million or 5.9% to HK$108.2 million[19]. - Profit attributable to owners decreased by 16.6% to HK$58.9 million, but adjusted profit excluding fair value losses increased by 8.8% to HK$67 million[33]. Asset and Liability Management - The gross mortgage loan portfolio was HK$699.6 million as of March 31, 2023, despite a subdued economic environment[9]. - As of March 31, 2023, net current assets were HK$263.4 million, an increase from HK$244.7 million in 2022[35]. - The group had unutilized banking facilities amounting to HK$238.5 million as of March 31, 2023, with no significant capital expenditure commitments[37]. - The current ratio improved to 1.78 from 1.56 in 2022[42]. - The gearing ratio decreased to 0.38 in 2023 from 0.55 in 2022[42]. Impairment and Provisions - Provision for impairment and write-off of loans receivable was HK$5.8 million for the current year, a decrease from HK$6.5 million in the previous year[18]. - The provision for impairment and write-off of loans receivable was HK$5.8 million, a decrease from HK$6.5 million in 2022[22]. Market Conditions - The Centa-City Leading Index for the Hong Kong property market dropped from 179.36 in March 2022 to 156.37 in December 2022, reflecting a year-to-year decrease of 6.6%[10]. - The property market in Hong Kong showed signs of a mild rebound in early 2023, which may lead to an increase in property prices and demand for property loan products[80]. - There is a risk of interest rate hikes due to continued monetary policy tightening in the United States, which could pressure investment activities and the property market in Hong Kong[81]. Corporate Governance - The Board consists of seven Directors, including four executive Directors and three independent non-executive Directors, ensuring a balance of skills in various fields such as accounting, business, and finance[114]. - The independent non-executive Directors have confirmed their independence in writing for the year ended March 31, 2023, in accordance with Rule 3.13 of the Listing Rules[121]. - The Company has complied with Listing Rules requiring at least three independent non-executive Directors, representing at least one-third of the Board[123]. - The Board's main task is to supervise and direct the management to maximize shareholder value while balancing stakeholder interests[126]. - The Group's management is tasked with developing and reviewing corporate governance policies and practices, ensuring compliance with legal and regulatory requirements[130]. Board Composition and Diversity - As of March 31, 2023, the Board consisted of one female and six male directors, reflecting the company's commitment to gender diversity[197]. - The company appointed Ms. Chan Siu Ching as its first female executive director on November 1, 2022, as part of its Board Diversity Policy[197]. - The Nomination Committee is responsible for ensuring a balance of skills and experience on the Board and maintaining the minimum number of independent non-executive directors as required by Listing Rules[190]. - The company aims to uphold the principle of merit-based appointments while adhering to its Board Diversity Policy[197]. Risk Management - The Group has implemented sufficient internal control and risk management procedures as part of its corporate governance framework[131]. - The company ensured that employees could confidentially raise concerns about financial reporting and internal control matters through a whistleblowing policy[157]. Audit and Compliance - The Audit Committee was established to oversee the company's financial statements, risk management, and internal control systems, ensuring compliance with Listing Rules[149]. - The company confirmed that all Directors complied with the Model Code for securities transactions throughout the year under review[148]. - The external auditor, PricewaterhouseCoopers, was paid HK$740,000 for the audit of the annual consolidated financial statements for the year ended 31 March 2023, down from HK$800,000 in 2022[165].

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佈之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 Hong Kong Finance Group Limited 香港信貸集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1273） 截至2023年 3月31日止年度之 末期業績公佈 香港信貸集團有限公司（「公司」或「本公司」）之董事會（「董事會」或「董事」）欣然公佈本公司及 其附屬公司（統稱為「本集團」）截至2023年3月31日止年度之經審核綜合末期業績，連同去年 同期之比較數字如下： 綜合全面收入表 截至2023年3月31日止年度 截至3月31日止年度 2023年 2022年 附註 千港元 千港元 收益 5 160,974 153,488 其他收入 5 3,277 1,394 重估投資物業之公平值（虧損）╱收益 (8,130) 8,980 應收貸款減值撥備及撇銷淨額 6 (5,758) (6,513) 行政開支 7 (57,226) (53,060) 經營溢利 93,137 104,289 ...