Core Viewpoint - Anlifang Holdings (01388.HK) announced that it will hold a board meeting on August 29, 2025, to approve the publication of its interim results for the six months ending June 30, 2025, and to consider the distribution of an interim dividend, if any [1] Group 1 - The board meeting is scheduled for August 29, 2025 [1] - The meeting will focus on approving the interim results for the six months ending June 30, 2025 [1] - The company will also consider the distribution of an interim dividend during the meeting [1]

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的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 EMBRY HOLDINGS LIMITED 安莉芳控股有限公司 安莉芳控股有限公司（「本公司」）之董事會（「董事會」）謹此宣布，本公司將於二零二 五年八月二十九日（星期五）舉行董事會會議，藉以(其中包括)批准刊發本公司及其附屬公 司截至二零二五年六月三十日止六個月之中期業績，以及考慮派發中期股息（如有）。 承董事會命 安莉芳控股有限公司 公司秘書 蘇嘉敏 香港，二零二五年八月十五日 於本公告日期，董事會成員包括四名執行董事岳明珠女士（主席）、鄭碧浩女士（行政總裁）、 鄭傳全先生及鹿群女士；以及四名獨立非執行董事陳志安先生、劉紹基先生、李均雄先生及 李天生教授。 (於開曼群島註冊成立之有限公司) （股份代號：1388） 董事會會議召開日期 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 2025年7月31日 | | --- | | 截至月份: 狀態: 新提交 | 致：香港交易及結算所有限公司 公司名稱: 安莉芳控股有限公司 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01388 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | 10,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.01 HKD | | 10,000,000 | 本月底法定/註冊股 ...

Core Viewpoint - The lingerie industry is facing significant challenges as a growing number of women, particularly those born after 1995, are opting to forgo bras, which is reshaping consumer preferences and impacting sales across the sector [2][10]. Industry Overview - The lingerie market is experiencing a downturn, with major companies reporting declining sales and profits. In 2024, five leading publicly listed companies in the industry saw a comprehensive decline in their lingerie business, with two A-share companies experiencing a halving of their performance [5][9]. - Aimer, one of the A-share companies, reported a revenue of 3.163 billion yuan, a decrease of 7.71% year-on-year, and a net profit of 163 million yuan, down 46.56% [6]. - Huijie Co., known as the "first A-share lingerie stock," saw a slight revenue increase of 0.85% to 2.95 billion yuan, but its net profit plummeted by 56.54% to 79.04 million yuan, indicating that its core bra business is struggling [8]. Consumer Behavior Changes - A significant shift in consumer preferences is noted, with comfort becoming the primary concern for lingerie buyers, as 32% of users prioritize comfort over other factors [12]. - Many consumers are increasingly opting for alternatives to traditional bras, such as silicone pasties, to avoid discomfort while still addressing concerns about visibility [14]. - Social media platforms are amplifying this trend, with discussions around the discomfort of wearing bras gaining traction, leading to a cultural shift where not wearing a bra is becoming more accepted [15]. Market Dynamics - The lingerie industry is facing intensified competition from lower-priced brands, which is undermining the pricing strategies of mid-to-high-end brands [9][21]. - The overall economic downturn and sluggish consumer spending are contributing to the industry's challenges, making it difficult for brands to maintain profitability [10][21]. Future Outlook - The lingerie industry must adapt to these changing consumer preferences and address the comfort and fit issues that have been highlighted by consumers. Brands need to innovate and enhance their offerings to meet the evolving demands of the market [20][21].

Financial Performance - The Group's revenue for the year ended December 31, 2024, was approximately HKD 1,334.3 million, compared to HKD 1,652.4 million in 2023, representing a decrease of 19.2%[19]. - The loss attributable to owners of the company for the year was HKD 373.4 million, compared to a loss of HKD 72.2 million in 2023[19]. - The Group recorded revenue of HK$1,152,570,000 for the Current Year, with a loss attributable to owners of approximately HK$373,435,000[39]. - The operating loss before tax for the Current Year was approximately HK$122,924,000, up from HK$88,104,000 in 2023[55]. - The Group's revenue for the Current Year was HK$1,152,570,000, representing a decrease of 10.1% from the Prior Year[86]. - Revenue from retail sales decreased by 17.7% to HK$720,169,000, accounting for 62.5% of total revenue[87]. - E-commerce sales increased by 8.6% year on year to HK$400,423,000, rising from 28.8% to 34.7% of total revenue[87]. - The Group's total staff cost for the Current Year was HK$412,426,000, down from HK$455,603,000 in the Prior Year[85]. - The Group recognized an impairment of property, plant, and equipment amounting to approximately HK$118,699,000 for the Current Year, compared to nil in 2023[100]. - The fair value of the Group's investment properties decreased by approximately HK$69,380,000 in the Current Year, contrasting with a fair value gain of HK$889,000 in 2023[102]. Retail Network and Market Presence - As of December 31, 2024, the Group had a total of 811 retail outlets, including 671 concessionary counters and 140 retail shops in Mainland China, Hong Kong, and Macau[15]. - The Group experienced a net decrease of 196 retail outlets during the Current Year, retaining 811 outlets with better sales performance[38]. - The Group's sales network spans all major cities in China, allowing for efficient customer response and deeper market penetration[16]. - The Chinese Mainland contributed 96.5% of total sales in 2024, with Hong Kong contributing 3.0%[18]. - The Group aims to optimize its sales network and enhance operational efficiency by rationalizing retail outlets[27]. Product Development and Innovation - The lingerie segment accounted for 85.3% of total sales in 2024, slightly down from 85.4% in 2023[18]. - The ODM (Original Design Manufacturer) products represented only 0.5% of total sales in 2024, up from 0.2% in 2023[18]. - The Group launched a full range of new collections, including "Miss Embry 2024" and "Peace Year after Year," contributing to a strong market response[74][76]. - The Group obtained 24 new patents in China during 2024, bringing the total to 138 patents, including 82 utility model patents and 13 invention patents[78]. - The Group continued to enhance its product design and development, focusing on environmentally friendly materials and lightweight underwear to meet consumer demand[72][75]. Strategic Initiatives and Future Outlook - Future strategies include expanding market presence and investing in new product development to meet diverse customer needs[27]. - The Group plans to adopt a prudent approach to align with consumers' rational consumption trends, focusing on quality, functions, and sustainable consumption[44]. - Looking ahead to 2025, the Group maintains a conservative outlook on the overall economic situation in Mainland China and predicts limited growth in the underwear industry[41]. - The Group aims to refine market segments in the underwear market, necessitating greater investment in product development and innovation to meet diversified consumer needs[134]. - The Group will optimize offline store networks to reduce operational costs while aggressively expanding online sales channels, focusing on social media engagement and digital content quality[134]. Corporate Governance and Leadership - The Company has adopted the Corporate Governance Code as its own code of corporate governance practices, ensuring compliance with all applicable provisions throughout the year ended December 31, 2024[170][171]. - The Board comprises four Executive Directors and four Independent Non-Executive Directors, ensuring a balanced composition that reflects necessary skills and experience for business development[182][183]. - The Company has a board diversity policy that promotes diversity in gender, age, cultural background, and professional experience among its directors[184]. - The Company believes that good corporate governance is essential for effective management and enhancing shareholder value[169][175]. - The Board has set measurable objectives to improve diversity, with a commitment to identifying suitable candidates[187]. Environmental and Social Responsibility - The Group's Eco Month activities and product series were launched to promote energy conservation and emission reduction[61]. - The Group's Shandong Industrial Park prioritizes low-carbon operations, utilizing geothermal energy and energy-efficient features to reduce environmental impact[80]. - The Group's environmental initiatives included the launch of a new eco-friendly product series during the 22nd Environmental Month, promoting sustainability[63][77]. Economic Context - China's GDP increased by 5.0% in 2024, driven by export growth and stimulus measures, despite challenges in domestic consumption and the real estate market[30][34]. - Domestic consumption in Mainland China is expected to achieve gradual recovery, but consumer confidence remains dampened due to a sluggish real estate market and uncertain economic prospects[128]. - The global economic growth is projected to remain subdued at 2.6% in 2025, influenced by high costs, elevated debt levels, and rising protectionism[127].

智通财经APP讯，安莉芳控股(01388)发布截至2024年12月31日止年度业绩，集团收益11.53亿港元，同 比减少10.08%;股东应占亏损3.73亿港元，同比扩大417.45%;每股亏损88.4港仙。 品牌推广方面，集团2024年继续坚持多元化、多平台的宣传策略，逐步提高消费者对品牌的认知。年 内，集团精准投放资源，注重社交媒体渠道的深度运营，在多个主流社交平台实现品牌的高频曝光，并 贯彻明星代言策略，持续利用明星效应，通过代言人年轻化，进一步吸引年轻消费群体。以及线下积极 推进"时光裡的优雅"主题快闪和线上直播活动，结合多渠道宣传，进一步宣传品牌形象，提升品牌美誉 度，助推产品销量。 为努力推动国家实现"碳达峰"与"碳中和"的双碳战略目标，彰显绿色健康的品牌形象，集团于年内开设 多场"蓝丝带沙龙直播"活动，唿吁关注女性健康，致力打造"绿色健康高品质贴身衣物首选品牌"的产品 形象。此外，集团不改初心，秉持着"绿色低碳"及"可持续"的品牌理念，于年内举办第22个环保月活 动，推出环保月产品系列，用实际行动推动节能减排。同时，发起"蝶之栖息地"守护活动，鼓励消费者 减少碳排放，进一步传递品牌绿色健康讯息。 ...

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 1,152,570, a decrease of 10.1% compared to HKD 1,281,753 in 2023[3] - Gross profit for the year was HKD 848,674, down from HKD 956,103, reflecting a gross margin decline[3] - The company reported a net loss attributable to shareholders of HKD 373,435, compared to a loss of HKD 72,168 in the previous year, indicating a significant increase in losses[4] - Basic loss per share for 2024 was HKD (88.40), compared to HKD (17.08) in 2023, reflecting a deterioration in financial performance[20] - The group reported a pre-tax operating loss of approximately HKD 122,924,000, compared to HKD 88,104,000 in 2023[26] - The group reported a loss attributable to shareholders of HKD 373,435,000 for the year, a significant increase from HKD 72,168,000 in the previous year, primarily due to non-recurring and non-cash items[43] Assets and Liabilities - The total assets decreased to HKD 1,949,513 from HKD 2,503,457, showing a reduction of approximately 22%[5] - Non-current assets totaled HKD 1,634,025, down from HKD 2,002,960, representing a decline of about 18.4%[5] - Cash and cash equivalents decreased to HKD 163,434 from HKD 283,610, a reduction of 42.4%[5] - The company’s equity attributable to shareholders decreased to HKD 1,722,552 from HKD 2,158,382, reflecting a decline of approximately 20.2%[5] - The group's accounts receivable decreased to HKD 38,015,000 in 2024 from HKD 45,204,000 in 2023, reflecting a reduction of 16.0%[21] - The group's accounts payable decreased to HKD 39,020,000 in 2024 from HKD 69,124,000 in 2023, a reduction of 43.6%[22] - The group's debt ratio increased to approximately 18.8% from 13.4% in the previous year[44] Revenue Breakdown - Retail revenue amounted to HKD 720,169,000, a decline of 17.7%, accounting for 62.5% of total revenue; however, online sales grew by 8.6% to HKD 400,423,000, increasing its share from 28.8% to 34.7%[34] - The flagship brand, Anlifang, generated revenue of HKD 713,673,000, up 0.6%, representing 61.9% of total revenue[35] - The group's revenue for the year was HKD 1,152,570,000, a decrease of 10.1% compared to the previous year, with sales from the mainland China market down approximately 8.2%[34] Expenses and Costs - The company experienced a significant increase in financing costs, which amounted to HKD 17,683, compared to HKD 19,959 in the previous year[3] - Total financing costs decreased from HKD 19,959,000 in 2023 to HKD 17,683,000 in 2024, a reduction of 11.4%[15] - Employee benefits expenses, excluding directors and CEO remuneration, totaled HKD 412,426,000 in 2024, down from HKD 455,603,000 in 2023, a decrease of 9.5%[16] - Selling and distribution expenses decreased by 7.7% to HKD 813,910,000, representing 70.6% of total revenue, while administrative expenses fell by 8.8% to HKD 159,813,000[37] Strategic Initiatives - The group emphasized a multi-brand strategy, adjusting marketing for seven brands to meet market demands[27] - The group launched a series of environmentally friendly products during the year, promoting a green and healthy brand image[28] - The group’s online sales strategy included synchronizing product information between online and offline stores to enhance operational efficiency[29] - The group launched several new product lines, including "Miss Embry 2024" and "Super Red Luck," to cater to diverse consumer demands and enhance e-commerce sales[30] - The group plans to enhance R&D for online exclusive products and deepen collaboration with low-carbon material suppliers to promote green products in 2025[52] - The group aims to optimize its offline store layout and expand online sales channels to adapt to changing consumer demands and reduce operational costs[53] Future Outlook - The group anticipates a cautious outlook for the lingerie industry in 2025, influenced by high costs, high debt, and increasing protectionism, with global economic growth projected at 2.6%[51] Audit and Reporting - The audit committee reviewed the consolidated performance for the year ending December 31, 2024[60] - The independent auditor, Ernst & Young, confirmed that the financial statements are consistent with the preliminary performance announcement[61] - The company will publish its 2024 annual report containing all information required by listing rules on its website and the Hong Kong Stock Exchange[62] Dividends - The company did not recommend any final dividend for the year ended December 31, 2024[19] - The group will not declare a final dividend for the year ending December 31, 2024[54]

Core Insights - The global smartphone panel shipment is expected to reach 2.157 billion units in 2024, marking an 11.4% year-on-year increase, driven by the growth in new smartphone sales and demand for second-hand and refurbished devices [1] - In 2025, smartphone panel shipments are projected to decline by 3.2% to 2.093 billion units due to stable new device demand and a slight decrease in second-hand market demand [1] Company Summaries - BOE remains the leading smartphone panel supplier, with shipments expected to reach 613 million units in 2024 and 630 million units in 2025, reflecting a 2.7% year-on-year increase [2] - Samsung Display is projected to ship 378 million units in 2024, benefiting from Apple's demand for high-end AMOLED panels, but is expected to see a slight decline to 365 million units in 2025, a decrease of 3.5% [3] - HKC is maintaining its position as the third-largest supplier, with shipments expected to grow from 228 million units in 2024 to 230 million units in 2025, a 0.7% increase [4] - CSOT is closely collaborating with Xiaomi, leading to a significant growth in shipments to 215 million units in 2024, an 83.2% increase, with a slight growth forecast to 223 million units in 2025 [5] - Tianma is expected to ship 158 million units in 2024, with a projected 10% increase in 2025 due to rising demand for AMOLED panels, despite facing challenges from declining LTPS LCD demand [7] Market Trends - The demand for AMOLED panels remains strong among smartphone brands, contributing to the overall increase in shipments across major panel manufacturers, a trend expected to continue into 2025 [7] - The market share of Taiwanese a-Si LCD manufacturers is gradually shrinking due to the rapid growth of HKC and CSOT, while Japanese manufacturers are exiting the smartphone supply market [7] - Korean manufacturers maintain a competitive edge in the high-end smartphone market with flexible AMOLED technology, holding a market share of approximately 20% to 21% in 2024, while Chinese manufacturers are rapidly expanding their market share to 69.8% in 2024, potentially exceeding 70% in 2025 [7]

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 631,392,000, a decrease of 11% compared to HKD 709,590,000 for the same period in 2023[5] - Gross profit for the same period was HKD 478,324,000, down from HKD 528,262,000, reflecting a gross margin decline[5] - The company reported a loss attributable to shareholders of HKD 82,235,000, compared to a profit of HKD 5,367,000 in the prior year[5] - Total comprehensive loss for the period was HKD 125,546,000, compared to a loss of HKD 93,417,000 in the previous year[6] - The total comprehensive income for the six months ended June 30, 2024, was a loss of HKD 178,306,000, compared to a loss of HKD 183,073,000 in the same period of 2023, showing a slight improvement[12] - The company recorded a loss attributable to owners of approximately HKD 82,235,000, compared to a profit of HKD 5,367,000 in the previous year[60] - The loss per share was HKD 0.1947, compared to earnings per share of HKD 0.0127 in the previous year[60] Cash Flow and Assets - The net cash flow from operating activities for the six months ended June 30, 2024, was HKD 9,161,000, significantly lower than HKD 90,976,000 for the same period in 2023, indicating a decrease of approximately 90%[14] - As of June 30, 2024, the cash and cash equivalents balance was HKD 227,835,000, down from HKD 386,093,000 at the end of June 2023, reflecting a decrease of approximately 41%[14] - The company’s total assets as of June 30, 2024, were HKD 2,032,836,000, compared to HKD 2,272,332,000 as of June 30, 2023, indicating a decrease of approximately 10.5%[12] - The company’s net asset value decreased to HKD 2,032,836,000 from HKD 2,158,382,000[9] - The company’s retained earnings as of June 30, 2024, were reported at HKD 1,460,110,000, a decrease from HKD 1,619,827,000 in the same period of 2023, representing a decline of approximately 9.8%[12] Liabilities and Financing - Current liabilities amounted to HKD 364,943,000, slightly up from HKD 359,010,000 at the end of 2023[8] - The company reported a net cash outflow from financing activities of HKD 49,162,000 for the six months ended June 30, 2024, compared to HKD 44,863,000 in the same period of 2023, indicating an increase in cash outflow[14] - The company’s total liabilities as of June 30, 2024, were HKD 1,542,332,000, compared to HKD 1,614,425,000 as of June 30, 2023, indicating a decrease of approximately 4.5%[12] - The company had total bank borrowings of HKD 267,495,000 as of June 30, 2024, compared to HKD 288,312,000 as of December 31, 2023[47] Revenue Breakdown - Revenue from women's lingerie and sleepwear decreased to HKD 547,859 from HKD 612,239, representing a decline of 10.5%[24] - Revenue from the mainland China market was HKD 611,286, down from HKD 686,772, reflecting a decrease of 11%[24] - Revenue from the brand "Anlifan" increased slightly to HKD 385,168 in 2024 from HKD 381,932 in 2023, while revenue from other brands decreased to HKD 243,699 from HKD 325,897[24] - Retail revenue amounted to HKD 393,319,000, down 18.5%, accounting for 62.3% of total revenue; online sales grew by 6.8% year-on-year to HKD 220,159,000, increasing its share of total revenue from 29.0% to 34.9%[71] Market and Strategic Outlook - The company has not provided specific guidance for future performance but indicated ongoing challenges in the market[5] - The company is focusing on enhancing its product offerings and exploring market expansion opportunities[5] - The company anticipates that consumer trends may marginally improve, but the lingerie market's growth rate is expected to lag behind the overall market due to cautious consumer attitudes[88] - Future strategies include expanding into different market segments and strengthening connections with social media and e-commerce platforms to enhance brand visibility and sales[91] Operational Efficiency - The company is committed to enhancing production efficiency and delivery speed by utilizing smart logistics and optimizing the supply chain for sustainable development[91] - The total employee count as of June 30, 2024, was 4,157, a decrease from 4,390 on December 31, 2023, reflecting ongoing adjustments in workforce management[69] - The total employee cost for the period was HKD 210,021,000, down from HKD 228,523,000 in the previous year, indicating cost management efforts[69] Corporate Governance - The independent auditor has reviewed the condensed consolidated financial statements for the six months ended June 30, 2024, in accordance with the relevant standards[112] - The company confirms compliance with all applicable corporate governance code provisions during the reporting period[109] - The company has adopted a code of conduct for securities trading that aligns with the standard set out in the relevant guidelines[110]

Financial Performance - Revenue for the six months ended June 30, 2024, was approximately HKD 631.4 million, a decrease from HKD 709.6 million in the same period last year[2] - The company recorded a loss attributable to owners of approximately HKD 82.2 million, compared to a profit of HKD 5.4 million in the same period last year[2] - Revenue from customer contracts decreased to HKD 631,392 thousand for the six months ended June 30, 2024, down 11% from HKD 709,590 thousand in the same period of 2023[9] - Revenue from the mainland China market was HKD 611,286 thousand, a decrease of 11% compared to HKD 686,772 thousand in the previous year[9] - Total other income decreased to HKD 14,522 thousand for the six months ended June 30, 2024, down 30% from HKD 20,641 thousand in the same period of 2023[10] - The company reported a net loss attributable to shareholders of HKD 82,235 thousand for the six months ended June 30, 2024, compared to a profit of HKD 5,367 thousand in the same period of 2023[13] - Gross profit for the period was approximately HKD 478,324,000, a decline of 9.5%, while the overall gross profit margin increased by 1.3 percentage points to 75.8%[28] - The flagship brand, Anlifang, accounted for 61.0% of total revenue, with sales of HKD 385,168,000, a slight increase of 0.8%[27] Assets and Liabilities - Non-current assets decreased to HKD 1,873.6 million from HKD 2,003.0 million as of December 31, 2023[4] - Current assets totaled HKD 811.1 million, down from HKD 859.5 million at the end of 2023[4] - The company reported a net cash and cash equivalents of HKD 227.8 million, a decrease from HKD 283.6 million at the end of 2023[4] - Total equity attributable to owners decreased to HKD 2,032.8 million from HKD 2,158.4 million as of December 31, 2023[4] - The company’s total assets decreased to HKD 766,864 thousand as of June 30, 2024, down from HKD 814,841 thousand at the end of the previous year[15] - Trade receivables increased to HKD 53,739 thousand as of June 30, 2024, compared to HKD 45,204 thousand at the end of the previous year[16] - Trade payables increased to HKD 80,091 thousand as of June 30, 2024, compared to HKD 69,124 thousand at the end of the previous year[17] - The group’s debt ratio was approximately 13.2% as of June 30, 2024, slightly down from 13.4% at the end of the previous year[33] E-commerce and Sales - E-commerce sales increased by 6.8% year-on-year to HKD 220.2 million, highlighting a focus on enhancing e-commerce platform operations[1] - In the first half of 2024, the company's revenue decreased by 11.0% to HKD 631,392,000, while the gross profit margin increased by 1.3 percentage points to 75.8%[19] - Sales and distribution expenses decreased by 4.2% to HKD 422,004,000, accounting for 66.8% of total revenue, attributed to a reduction in the number of retail outlets[29] - As of June 30, 2024, the total number of retail points was 907, with a net decrease of 100 compared to December 31, 2023[22] Cost Management - The cost of goods sold decreased to HKD 153,068 thousand for the six months ended June 30, 2024, down 15.6% from HKD 181,328 thousand in the same period of 2023[12] - The total employee cost for the period was HKD 210,021,000, down from HKD 228,523,000 in the previous year, reflecting a reduction in employee numbers from 4,390 to 4,157[26] - Capital expenditure for the period was HKD 5,615,000, significantly lower than HKD 20,716,000 in the previous year, mainly for waterproof renovations at the Shandong factory[34] Strategic Initiatives - The company plans to leverage celebrity endorsements to enhance brand exposure and drive product sales[1] - The company launched several new product lines, including "GREEN EMBRY" and "Spring Traces," focusing on eco-friendly materials and designs[24] - The company actively promoted its green initiatives, including the "Butterfly Habitat" campaign, to encourage consumers to reduce carbon emissions[21] - The company has implemented sustainable practices in its production facilities, utilizing geothermal heat pumps and biodegradable packaging materials[25] - The company plans to strengthen its collaboration with low-carbon suppliers to develop environmentally friendly products, addressing consumer demand for quality and sustainable consumption[40] - The company will continue to explore different market segments and enhance operations on social media and e-commerce platforms to solidify its online retail market presence[40] - The company aims to improve production efficiency and delivery speed by leveraging its self-production and sales model, along with smart logistics solutions[40] Dividend and Governance - The company did not recommend the distribution of an interim dividend due to the uncertain economic outlook, prioritizing cash retention for long-term financial strength[19] - The board has decided not to declare an interim dividend for the six months ending June 30, 2024[42] - The group did not hold any significant investments or engage in major acquisitions or disposals of subsidiaries during the period[37] - There were no purchases, sales, or redemptions of the company's listed securities during the reporting period[43] - The company has adhered to all applicable corporate governance codes during the reporting period[43]