格隆汇8月28日丨常达控股(01433.HK)发布公告，截至2025年6月30日止六个月，实现收益2.58亿港元， 同比减少2.4%；毛利为1.22亿港元，同比减少2.1%；公司拥有人应占溢利为2434万港元，同比减少 22.2%；基本每股盈利1.22港仙。 ...

常达控股(01433)发布截至2025年6月30日止6个月业绩，该集团期内取得收益2.58亿港元，同比减少 2.4%;期内溢利2434万港元，同比减少22.22%;每股基本盈利1.22港仙。 ...

智通财经APP讯，常达控股(01433)发布截至2025年6月30日止6个月业绩，该集团期内取得收益2.58亿港 元，同比减少2.4%;期内溢利2434万港元，同比减少22.22%;每股基本盈利1.22港仙。 ...

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 或任何部分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。 CIRTEK HOLDINGS LIMITED 常達控股有限公司 （於開曼群島註冊成立之有限公司） 截 至2025年6月30日止六個月 截 至6月30日止六個月 | | | | | | | | | 2025年 | 2024年 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | （未經審核） | （未經審核） | | | | | | | | | | 附 註 | 千港元 | 千港元 | | | 收 益 | | | | | | | 4 | 258,178 | 264,519 | | | 銷售成本 | | | | | | | | (136,567) | (140,345) | | | 毛 利 | | | | | | | | 121,611 | 124,174 | | | 其他收入及收益 ...

謹此提述常達控股有限公司（「本公司」）於2025年3月31日刊發截至2024年12月31日止年 度之年度報告（「2024年年報」）。除另有界定者外，本公告所用詞彙具2024年年報所界定 的相同涵義。 誠如2024年年報所示，截至2024年12月31日止年度，本公司於聯交所以總代價416,400港 元（未扣開支）購回合共10,410,000股股份（「股份購回」），所有購回股份隨後均作為庫存 股份保存。本公司謹此補充，本公司擬不時根據市況及本集團的資本管理需要，決定是 否及何時註銷或以市價出售該等購回的庫存股份，或遵照上市規則、本公司組織章程大 綱及細則以及開曼群島的適用法律，出售該等庫存股份作其他用途。 上述資料並不影響2024年年報所披露的資料，除本公告所披露者外，2024年年報的所有 其他資料維持不變。 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份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CIRTEK HOLDINGS LIMITED 常達控股有限公司 （於開曼群島註冊成立之有限公司） ...

格隆汇8月15日丨常达控股(01433.HK)公告，公司谨订于2025年8月28日(星期四)举行董事会会议，藉以 考虑及批准(其中包括)集团截至2025年6月30日止6个月未经审核综合中期业绩，以及处理其他事项。 ...

承董事會命 常達控股有限公司 主席兼執行董事 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份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CIRTEK HOLDINGS LIMITED 常達控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1433） 董事會召開日期 常達控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會（「董事會」）謹此 宣佈，本公司謹訂於二零二五年八月二十八日（星期四）舉行董事會會議，藉以考慮及批 准（其中包括）本集團截至二零二五年六月三十日止六個月之未經審核綜合中期業績，以 及處理其他事項。 陳醒明 香港，二零二五年八月十五日 於本公告日期，董事會包括本公司執行董事陳醒明先生、羅妙蘭女士及陳梓峰先生；及 本公司獨立非執行董事林楚祺先生、李德昌先生及陸美恩女士。 ...

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 | 狀態: 新提交 | | --- | --- | --- | | 截至月份: | | | 本月底法定/註冊股本總額： HKD 50,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 致：香港交易及結算所有限公司 公司名稱: 常達控股有限公司 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) | 01433 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | ...

Financial Performance - Total revenue increased by 48% year-on-year to HK$551.1 million in 2024[12] - Profit before tax and impairment of non-financial assets was HK$74.7 million, compared to a loss of HK$11.6 million in 2023[9] - Gross profit margin improved to 49.1% year-on-year, reflecting effective cost control measures[13] - Profit attributable to owners of the Company was approximately HK$61,859,000 in 2024, compared to a loss of approximately HK$25,676,000 in 2023[29] - Gross profit for FY2024 was approximately HK$270.6 million, with a gross profit margin of 49.1%, compared to a gross profit of approximately HK$162.6 million and a margin of 43.7% in FY2023[45] - The Group recorded an operating profit of approximately HK$61.9 million for FY2024, a turnaround from an operating loss of approximately HK$25.7 million in FY2023[61] - The Group's revenue increased by approximately HK$178.8 million or 48.0%, from approximately HK$372.3 million for FY2023 to approximately HK$551.1 million for FY2024[47] Assets and Liabilities - Total assets as of December 31, 2024, were HK$452.4 million, up from HK$369.4 million in 2023[9] - Total liabilities increased to HK$206.5 million in 2024, compared to HK$174.4 million in 2023[9] - Equity attributable to owners of the Company rose to HK$245.9 million from HK$195.0 million in 2023[9] - Cash and cash equivalents increased by 49.5%, from approximately HK$48.7 million as of December 31, 2023, to approximately HK$72.8 million as of December 31, 2024[64] - Interest-bearing bank borrowings decreased by 73.2%, from approximately HK$23.1 million as of December 31, 2023, to approximately HK$6.2 million as of December 31, 2024[65] - The current ratio improved to approximately 1.6 times as of December 31, 2024, compared to approximately 1.2 times as of December 31, 2023[68] - The gearing ratio increased to approximately 27.5% as of December 31, 2024, from approximately 24.7% as of December 31, 2023[69] Market and Economic Environment - The global economic environment remains challenging, with uneven recovery across major markets impacting consumer confidence[11] - The global apparel market is expected to grow from US$708.8 billion in 2024 to US$766.6 billion in 2025, representing a growth rate of 8.2%[18] - Global economic growth is forecasted to remain at 2.8% in 2025, the same as in 2024, indicating a slow recovery[20] - The United Nations forecasts global economic growth of 2.8% in 2025, with challenges such as geopolitical conflicts and high debt levels expected to create market uncertainty[38] Operational Developments - The Group's production bases are located in five major garment exporting countries, enhancing its market responsiveness[12] - Primway S.A.R.L, acquired in 2023, has begun to realize synergies and boost the Group's European business in 2024[16] - The Group operates in over 40 markets worldwide, consolidating its sales network and partnerships[16] - The Group's production bases in major garment exporting countries have seen a steady increase in order volumes[29] - The Group aims to enhance production efficiency through increased investment in automation equipment[29] - The proportion of revenue from RFID products has significantly increased, reflecting the growing application of RFID technology in the retail sector[34] - The Group plans to expand the market for RFID products and enhance competitiveness by incorporating sustainability into its operations and sourcing environmentally friendly materials[42] Corporate Governance - The company is committed to maintaining high standards of corporate governance and has complied with all provisions of the Corporate Governance Code during the reporting period[103] - The Board is responsible for formulating the Group's strategy and overseeing management, ensuring sound internal control and risk management systems are in place[114] - The Company promotes a culture of openness and encourages Directors to voice differing views during meetings[115] - The Company emphasizes the importance of internal control and risk management to safeguard assets and shareholder interests[130] - The Company has adopted the Model Code for Securities Transactions by Directors, ensuring compliance during the Reporting Period[129] Employee and Workforce - The Group's employee benefit expense for FY2024 was approximately HK$171.0 million, an increase from approximately HK$153.7 million in FY2023, reflecting a growth of about 11.5%[79] - As of FY2024, the total number of employees increased to 1,424, up from 1,219 in FY2023, representing a growth of approximately 16.8%[78] - As of the date of the annual report, the workforce gender ratio is 54.6% male (778 employees) and 45.4% female (646 employees)[181] - The company emphasizes the importance of gender diversity across all levels and plans to improve this balance in the future[182] Shareholder Communication - The company recognizes the importance of communication with shareholders and has adopted a Shareholders Communication Policy[186] - The AGM provides an opportunity for shareholders to communicate with the Board, with key members present to address questions[187] - Votes at general meetings are conducted by poll, with detailed procedures explained to shareholders[188] - Shareholders holding at least one-tenth of the paid-up capital can requisition an extraordinary general meeting (EGM)[191] Future Outlook - The Group's capital expenditure will be reduced in 2025 following the peak investment period[23] - The integration of Primway S.A.R.L. is expected to provide new momentum for the Group's European business in 2025[19] - The Group aims to strengthen its business resilience and explore new opportunities while consolidating existing markets[43]

[Consolidated Financial Statements](index=1&type=section&id=Consolidated%20Financial%20Statements) This section presents the company's financial performance and position, highlighting significant revenue growth, a return to profitability, and improved liquidity in FY2024 [Consolidated Statement of Profit or Loss](index=1&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss) The company achieved significant revenue and gross profit growth in FY2024, turning a prior-year loss into an annual profit of HK$61.86 million Key Profit or Loss Data for FY2024 | Metric | 2024 (HK$'000) | 2023 (HK$'000) | YoY Change | | :--- | :--- | :--- | :--- | | Revenue | 551,049 | 372,310 | +48.0% | | Gross Profit | 270,619 | 162,553 | +66.5% | | Profit/(Loss) Before Tax | 74,747 | (19,650) | Turned Profitable | | Profit/(Loss) for the Year | 61,859 | (25,676) | Turned Profitable | | Basic Earnings/(Loss) Per Share | 3.10 HK cents | (1.28) HK cents | Turned Profitable | [Consolidated Statement of Comprehensive Income](index=2&type=section&id=Consolidated%20Statement%20of%20Comprehensive%20Income) Despite exchange losses from overseas operations, the company reported a total comprehensive income of HK$51.32 million in FY2024, a significant improvement from the prior year's loss Overview of Comprehensive Income for FY2024 | Metric | 2024 (HK$'000) | 2023 (HK$'000) | | :--- | :--- | :--- | | Profit/(Loss) for the Year | 61,859 | (25,676) | | Net Exchange Differences from Translating Overseas Operations | (10,541) | (14,560) | | **Total Comprehensive Income/(Loss) for the Year** | **51,318** | **(40,236)** | [Consolidated Statement of Financial Position](index=3&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of end-2024, total assets and net assets increased, with a significant improvement in net current assets and a substantial reduction in interest-bearing bank borrowings Key Balance Sheet Data as of End-2024 | Metric | 2024 (HK$'000) | 2023 (HK$'000) | YoY Change | | :--- | :--- | :--- | :--- | | Total Non-current Assets | 211,864 | 187,668 | +12.9% | | Total Current Assets | 240,566 | 181,757 | +32.4% | | **Total Assets** | **452,430** | **369,425** | **+22.5%** | | Total Current Liabilities | 152,500 | 153,159 | -0.4% | | Total Non-current Liabilities | 53,996 | 21,234 | +154.3% | | **Net Assets** | **245,934** | **195,032** | **+26.1%** | | Cash and Cash Equivalents | 68,519 | 34,158 | +100.6% | | Interest-bearing Bank Borrowings (Current+Non-current) | 6,246 | 23,115 | -73.0% | [Notes to the Financial Statements](index=5&type=section&id=Notes%20to%20the%20Financial%20Statements) This section provides detailed explanations of the company's accounting policies, segment information, revenue breakdown, and specific financial statement line items [1. Company and Group Information](index=5&type=section&id=1.%20Company%20and%20Group%20Information) The company, an investment holding entity incorporated in the Cayman Islands, primarily produces and sells printed products and was listed on the HKEX Main Board in March 2020 - The Group is principally engaged in the production and sale of printed products[8](index=8&type=chunk) - The Company's shares were listed on the Main Board of The Stock Exchange of Hong Kong on March 12, 2020[9](index=9&type=chunk) [2. Accounting Policies](index=5&type=section&id=2.%20Accounting%20Policies) The financial statements are prepared under HKFRSs using historical cost, with new standards adopted this year having no material impact on the Group's financial position or performance - The financial statements have been prepared in accordance with Hong Kong Financial Reporting Standards (HKFRSs) and the disclosure requirements of the Hong Kong Companies Ordinance[10](index=10&type=chunk) - The Group has adopted the revised HKFRS 16, HKAS 1, and HKAS 7 for the first time in the current year, and after evaluation, these revisions had no impact on the Group's financial position or performance[14](index=14&type=chunk)[15](index=15&type=chunk) [3. Operating Segment Information](index=8&type=section&id=3.%20Operating%20Segment%20Information) The Group operates a single reportable segment of printed product manufacturing and sales, with Mainland China being the largest revenue contributor and concentration of non-current assets - The Group has only one reportable operating segment, which is the production and sale of printed products[16](index=16&type=chunk) Revenue from External Customers by Geographical Region | Region | 2024 (HK$'000) | 2023 (HK$'000) | % of Total (2024) | | :--- | :--- | :--- | :--- | | Mainland China | 177,701 | 128,401 | 32.2% | | Hong Kong | 64,582 | 54,721 | 11.7% | | Bangladesh | 99,024 | 50,696 | 18.0% | | India | 34,072 | 17,992 | 6.2% | | Vietnam | 47,484 | 30,010 | 8.6% | | Other Countries/Regions | 128,186 | 90,490 | 23.3% | | **Total Revenue** | **551,049** | **372,310** | **100%** | [4. Revenue, Other Income and Gains](index=9&type=section&id=4.%20Revenue,%20Other%20Income%20and%20Gains) In FY2024, all HK$551 million in revenue stemmed from printed product sales, supplemented by HK$5.7 million in other income from various sources - All revenue from contracts with customers is derived from the sale of printed products, recognized at a point in time, totaling **HK$551,049 thousand**[19](index=19&type=chunk) Details of Other Income and Gains | Item | 2024 (HK$'000) | 2023 (HK$'000) | | :--- | :--- | :--- | | Freight and Transportation Income | 391 | 1,212 | | Interest Income | 442 | 652 | | Sale of Scrap Materials | 1,504 | 1,567 | | Government Grants | 623 | 592 | | Others | 2,738 | 2,038 | | **Total** | **5,698** | **6,061** | [5. Profit/(Loss) Before Tax](index=11&type=section&id=5.%20Profit%2F%28Loss%29%20Before%20Tax) FY2024 profit before tax was primarily impacted by cost of sales, employee benefits, and depreciation, with no significant non-financial asset impairment unlike the prior year Key Deductions for Profit Before Tax | Item | 2024 (HK$'000) | 2023 (HK$'000) | | :--- | :--- | :--- | | Cost of Sales | 280,430 | 209,757 | | Employee Benefit Expenses | 170,969 | 153,655 | | Depreciation of Property, Plant and Equipment | 20,280 | 17,693 | | Depreciation of Right-of-Use Assets | 13,452 | 12,832 | | Impairment of Non-financial Assets | – | 8,065 | [6. Finance Costs](index=12&type=section&id=6.%20Finance%20Costs) Finance costs decreased by 25.3% to HK$2.36 million in FY2024, mainly due to lower interest on bank loans and overdrafts Details of Finance Costs | Item | 2024 (HK$'000) | 2023 (HK$'000) | | :--- | :--- | :--- | | Interest on Bank Loans and Overdrafts | 621 | 1,346 | | Interest on Lease Liabilities | 1,743 | 1,818 | | **Total** | **2,364** | **3,164** | [7. Income Tax](index=12&type=section&id=7.%20Income%20Tax) Income tax expense significantly increased to HK$12.89 million in FY2024, driven by improved operating performance and higher taxable profits - Total tax expense for the year was **HK$12,888 thousand**, an increase of **113.9%** from **HK$6,026 thousand** in 2023[25](index=25&type=chunk) [8. Dividends](index=13&type=section&id=8.%20Dividends) The Board proposed a final dividend of 0.75 HK cents per share for FY2024, totaling HK$15 million, pending shareholder approval, with no dividend paid in 2023 - The Board recommended a final dividend of **0.75 HK cents** per ordinary share, totaling **HK$15 million**, with no dividend paid in 2023[26](index=26&type=chunk) [9. Earnings/(Loss) Per Share](index=13&type=section&id=9.%20Earnings%2F%28Loss%29%20Per%20Share) Basic earnings per share for FY2024 were 3.10 HK cents, a turnaround from the prior year's loss, with diluted EPS matching basic EPS - Basic earnings per share for 2024 were **3.10 HK cents**, compared to a basic loss per share of **1.28 HK cents** in 2023[27](index=27&type=chunk) [10. Trade Receivables](index=13&type=section&id=10.%20Trade%20Receivables) Trade receivables increased by 28.2% to HK$57.56 million by end-2024, with credit terms of 30-90 days and a notable increase in impairment provisions - The net book value of trade receivables increased from **HK$44,910 thousand** in 2023 to **HK$57,560 thousand** in 2024. Credit terms generally range from **30 to 90 days**[28](index=28&type=chunk) Ageing Analysis of Trade Receivables (Net of Loss Allowance) | Ageing | 2024 (HK$'000) | 2023 (HK$'000) | | :--- | :--- | :--- | | Within 1 month | 32,204 | 24,438 | | 1 to 2 months | 14,381 | 12,751 | | 2 to 3 months | 6,629 | 3,911 | | Over 3 months | 4,348 | 3,812 | | **Total** | **57,562** | **44,912** | [11. Trade Payables](index=14&type=section&id=11.%20Trade%20Payables) Trade payables increased by 12.1% to HK$64.23 million by end-2024, with most balances due within three months and settlement periods of 30-150 days Ageing Analysis of Trade Payables | Ageing | 2024 (HK$'000) | 2023 (HK$'000) | | :--- | :--- | :--- | | Within 1 month | 26,093 | 16,593 | | 1 to 2 months | 17,992 | 12,272 | | 2 to 3 months | 10,317 | 10,389 | | Over 3 months | 9,831 | 18,069 | | **Total** | **64,233** | **57,323** | [Management Discussion and Analysis](index=15&type=section&id=Management%20Discussion%20and%20Analysis) This section provides management's perspective on the Group's operational and financial performance, future outlook, and capital management strategies for the reporting period [Business Review](index=15&type=section&id=Business%20Review) In 2024, the Group achieved 48.0% revenue growth and profitability through global expansion, operational efficiencies, and new growth from RFID and ESG products - Leveraging its global presence, the Group's full-year revenue increased by **48.0%** year-on-year to approximately **HK$551 million**, gross margin rose to **49.1%**, and it successfully turned losses into profits, recording a profit of approximately **HK$61.86 million**[32](index=32&type=chunk) - The Group achieved significant sales growth in markets including Mainland China, Vietnam, Bangladesh, and India, with increased sales also from production bases in Central America and Southern Europe[34](index=34&type=chunk) - Revenue contribution from **RFID products** significantly increased, while the Group actively procured eco-friendly materials in response to **ESG trends**[35](index=35&type=chunk) - Primway, a French packaging associate company acquired in 2023, completed integration in 2024 and began contributing revenue to the Group[36](index=36&type=chunk) [Outlook](index=17&type=section&id=Outlook) For 2025, the Group plans to leverage its global presence, invest in automation, control costs, and expand RFID and ESG initiatives to enhance competitiveness and shareholder value amid economic uncertainties - Facing market uncertainties in 2025, the Group will continue to leverage its global presence, increase automation investment, and improve its management system[37](index=37&type=chunk) - Future efforts will focus on expanding the **RFID product market** and integrating **Environmental, Social, and Governance (ESG)** principles into operations to enhance competitiveness[38](index=38&type=chunk) [Financial Review](index=18&type=section&id=Financial%20Review) FY2024 saw significant revenue growth of 48.0% to HK$551 million, improved gross margin, increased administrative expenses, reduced finance costs, and a return to profitability with an annual profit of HK$61.9 million Summary of Financial Performance for FY2024 | Item | FY2024 (HK$ million) | FY2023 (HK$ million) | YoY Change | | :--- | :--- | :--- | :--- | | Revenue | 551.1 | 372.3 | +48.0% | | Gross Profit | 270.6 | 162.6 | +66.4% | | Gross Margin | 49.1% | 43.7% | +5.4pp | | Selling and Distribution Expenses | 61.2 | 59.5 | +2.9% | | Administrative Expenses | 135.6 | 121.0 | +12.1% | | Finance Costs | 2.4 | 3.2 | -25.3% | | Profit/(Loss) for the Year | 61.9 | (25.7) | Turned Profitable | [Capital Structure, Liquidity and Financial Resources](index=20&type=section&id=Capital%20Structure,%20Liquidity%20and%20Financial%20Resources) The Group's financial position is robust, marked by increased net assets and cash, significantly reduced bank borrowings, and improved liquidity, providing ample resources for operations - Net assets increased by **26.1%** from **HK$195 million** at end-2023 to **HK$246 million** at end-2024[49](index=49&type=chunk) - Cash and cash equivalents and pledged deposits increased by **49.5%** to **HK$72.8 million**; interest-bearing bank borrowings decreased by **73.2%** to **HK$6.2 million**[49](index=49&type=chunk) - The current ratio improved from **1.2x** at end-2023 to **1.6x** at end-2024[50](index=50&type=chunk) - The gearing ratio (bank borrowings plus lease liabilities divided by equity) slightly increased from **24.7%** in 2023 to **27.5%** in 2024[51](index=51&type=chunk) [Other Information](index=22&type=section&id=Other%20Information) This section covers post-reporting period events, employee and remuneration policies, significant transactions, share repurchases, corporate governance practices, and details regarding dividends and the Annual General Meeting [Post-Reporting Period Events](index=22&type=section&id=Post-Reporting%20Period%20Events) After the reporting period, the company changed its principal share registrar and registered office address in the Cayman Islands on January 10, 2025 - Subsequent to December 31, 2024, the company changed its principal share registrar and registered office in the Cayman Islands[56](index=56&type=chunk) [Employees and Remuneration Policy](index=22&type=section&id=Employees%20and%20Remuneration%20Policy) As of end-FY2024, the Group had 1,424 employees, with annual employee benefit expenses (excluding directors) increasing by 11.3% to HK$171 million - As of FY2024, the Group had **1,424 employees**, an increase from **1,219** in 2023[57](index=57&type=chunk) - Employee benefit expenses (excluding directors' emoluments) for FY2024 were approximately **HK$171 million**, an **11.3%** increase from **HK$153.7 million** in FY2023[57](index=57&type=chunk) [Significant Transactions](index=22&type=section&id=Significant%20Transactions) The Group completed two significant transactions: a RMB 9.8 million UV inkjet printer purchase (discloseable) and a 15-year factory lease renewal in Boluo County (major transaction) - On December 6, 2024, the Group purchased a UV inkjet printing machine for **RMB 9.8 million**, which constituted a discloseable transaction[58](index=58&type=chunk)[59](index=59&type=chunk) - On July 23, 2024, the Group entered into a **15-year lease agreement** for a factory in Boluo County, which constituted a major transaction[60](index=60&type=chunk)[61](index=61&type=chunk) [Share Repurchase](index=24&type=section&id=Share%20Repurchase) In FY2024, the company repurchased **10,410,000 shares** for **HK$416,400** on the Stock Exchange, holding them as treasury shares - In the financial year 2024, the company repurchased a total of **10,410,000 shares** for a total consideration of **HK$416,400**, which are held as treasury shares[63](index=63&type=chunk) [Corporate Governance](index=24&type=section&id=Corporate%20Governance) The company maintains high corporate governance standards, complying with Listing Rules, adopting a standard code for directors' securities transactions, and operating an audit committee, with no share option activity during the period - The company has complied with all code provisions of the Corporate Governance Code during the reporting period[65](index=65&type=chunk) - The Audit Committee, comprising three independent non-executive directors, has reviewed the Group's final results[68](index=68&type=chunk) - During the financial year 2024, no share options were granted, exercised, cancelled, or lapsed[67](index=67&type=chunk) [Dividends and Annual General Meeting](index=27&type=section&id=Dividends%20and%20Annual%20General%20Meeting) The Board proposed a final dividend of 0.75 HK cents per share, payable July 18, 2025, subject to June 20, 2025 AGM approval, with relevant share transfer closure dates provided - The Board recommended a final dividend of **0.75 HK cents** per share, subject to approval at the Annual General Meeting to be held on June 20, 2025[70](index=70&type=chunk) - To qualify for attending the Annual General Meeting, transfer documents must be lodged by **4:30 p.m. on June 16, 2025**[71](index=71&type=chunk) - To qualify for the final dividend, transfer documents must be lodged by **4:30 p.m. on June 25, 2025**[71](index=71&type=chunk)