Financial Performance - The group's revenue for the fiscal year 2024 was approximately HKD 117.6 million, an increase of about 20.9% compared to HKD 97.2 million in fiscal year 2023[14]. - Revenue from the printing business was approximately HKD 108.1 million, up about 11.1% from HKD 97.2 million in the previous year[12]. - The new supply chain management services business generated revenue of approximately HKD 9.5 million, contributing a net profit of about HKD 0.4 million since its launch in August 2024[13]. - The group's gross profit for fiscal year 2024 was approximately HKD 13.7 million, a decrease of about 36.2% from HKD 21.6 million in fiscal year 2023[15]. - The gross profit margin for the printing business decreased to 12.1% in fiscal year 2024 from 22.2% in fiscal year 2023[15]. - Other income increased from approximately HKD 0.9 million in fiscal year 2023 to about HKD 2.6 million in fiscal year 2024, primarily due to increased bank interest income and government subsidies[16]. - The annual loss for FY2024 increased to approximately HKD 12.0 million, compared to a loss of approximately HKD 3.7 million in FY2023[19]. - The company reported a loss attributable to shareholders of approximately HKD 12,000,000 for the fiscal year 2024, compared to a loss of HKD 3,690,000 in 2023, resulting in a basic loss per share of HKD (1.18) for 2024, compared to HKD (0.36) for 2023[54][57]. - The company experienced a significant decline in net profit, with a loss of HKD 12,000,000 in 2024 compared to a loss of HKD 3,690,000 in 2023 and a profit of HKD 16,001,000 in 2020[57]. Business Expansion and Strategy - The group is expanding its business into the logistics sector in sub-Saharan Africa, marking a significant milestone for future growth and diversification[7]. - The company plans to continue leveraging its leading one-stop printing platform while tightening control over operating expenses and streamlining production processes to improve overall production efficiency[21]. - The company successfully expanded its business into the logistics sector in Sub-Saharan Africa, establishing its own truck fleet in Zambia, which contributed to FY2024 revenues[22]. - The company is focused on expanding its core business and exploring new opportunities in the pharmaceutical sector[39]. - The group plans to use the proceeds from the convertible bonds for general working capital, including expanding its logistics fleet and developing a logistics center on the acquired land[34]. Financial Position and Assets - As of December 31, 2024, total assets were HKD 142.5 million, down from HKD 150.3 million in FY2023, while shareholders' equity decreased to HKD 113.2 million from HKD 126.6 million[24]. - The current ratio as of December 31, 2024, was approximately 4.3, down from 5.8 in FY2023, indicating a decrease in liquidity[28]. - The company held cash and cash equivalents of approximately HKD 55.3 million as of December 31, 2024, compared to approximately HKD 65.6 million in FY2023[25]. - The group acquired properties, plants, and equipment amounting to approximately HKD 7.3 million in FY2024, compared to HKD 0.5 million in FY2023[31]. - As of December 31, 2024, the group has authorized but not provided for capital commitments of approximately HKD 1.1 million for property acquisition, HKD 27.1 million for land acquisition, and HKD 11.2 million for construction in progress[31]. Employee and Labor Practices - The total employee cost for FY2024 was approximately HKD 38.5 million, an increase from approximately HKD 34.7 million in FY2023, with the total number of employees rising to 438 from 364[33]. - The employee count at the Heyuan factory increased to 406 from 350 year-over-year[33]. - The employee turnover rate for the reporting period is 15%, down from 17% in 2023, indicating an improvement in employee retention[113]. - The employee distribution by gender shows 252 males (57.5%) and 186 females (42.5%)[110]. - The average training hours completed per employee is 0.6 hours, with males averaging 0.6 hours and females averaging 0.7 hours[117]. - The percentage of trained employees is 73%, with 15% at junior level, 43% at intermediate level, and 42% at management level[117]. - The company recorded 9 work-related injuries during the reporting period, with no fatalities reported[115]. - The company is committed to adhering to labor laws in China, Hong Kong, and Zambia, ensuring fair labor practices and employee rights[118]. Environmental, Social, and Governance (ESG) Initiatives - The company has established dedicated ESG working groups to manage ESG issues across its business segments, reflecting its commitment to sustainable development and corporate social responsibility[58][59]. - The ESG report for the fiscal year 2024 outlines the company's strategies for improving environmental and social performance, aligning with global sustainability standards[58][62]. - The company achieved ISO 14001 environmental management system certification, demonstrating its commitment to sustainable environmental practices[81]. - The company is committed to complying with all applicable laws and regulations regarding emissions, including various environmental protection laws in China and Zambia[81]. - The company has implemented measures to reduce greenhouse gas emissions, including regular vehicle maintenance and the use of low-emission vehicles[89]. - The company emphasizes the importance of stakeholder engagement and aims to balance profitability with environmental and social impacts[59]. - The company has established an ESG governance framework to enhance the management of ESG issues, with the board overseeing ESG-related risks and opportunities[66]. - The company has implemented a comprehensive safety management system, achieving ISO 45001 certification for occupational health and safety[115]. Corporate Governance - The company has adopted the corporate governance code as per the listing rules and has complied with its principles, with some deviations noted[164]. - The board believes that having the same individual serve as both chairman and CEO enhances decision-making efficiency despite deviating from the governance code[164]. - The board will regularly review the need to separate the roles of chairman and CEO to maintain good corporate governance[165]. - The board is responsible for overseeing the overall strategy and development of the company, ensuring effective risk management and internal controls[167]. - The company has confirmed that all directors have fully complied with the standards of the securities trading code during the fiscal year 2024[166]. - The board has established guidelines to clearly define the responsibilities of the board and management, including approval of significant financial and operational matters[167]. - The company has made appropriate insurance arrangements for its directors and senior officers against potential legal claims[169]. - The board consists of four executive directors and three independent non-executive directors, with all directors attending at least one training course related to corporate governance in the fiscal year 2024[175].

Revenue and Profitability - The revenue for SMART GLOBE HOLDINGS LIMITED for the fiscal year 2024 was approximately HKD 117.6 million, an increase of about 20.9% compared to HKD 97.2 million in fiscal year 2023[2]. - The printing business generated revenue of approximately HKD 108.1 million in fiscal year 2024, an increase of about 11.1% from HKD 97.2 million in fiscal year 2023[4][6]. - The supply chain management services business, which commenced operations in August 2024, generated revenue of approximately HKD 9.5 million and a net profit of approximately HKD 0.4 million[5][6]. - Other income increased from approximately HKD 0.9 million in fiscal year 2023 to HKD 2.6 million in fiscal year 2024, mainly due to increased bank interest income and government subsidies[9]. - Revenue for the fiscal year 2024 was approximately HKD 117.6 million, a decrease from HKD 97.2 million in fiscal year 2023[37]. - Revenue from book products was HKD 99,757,000, up 11.5% from HKD 89,659,000 in 2023[53]. - Supply chain management services generated revenue of HKD 9,520,000, marking the first contribution from this segment[58]. - The printing business reported a segment loss of HKD 5,608,000, while the supply chain management services achieved a profit of HKD 361,000[58]. Financial Performance - The net loss for fiscal year 2024 was approximately HKD 12.0 million, compared to a loss of HKD 3.7 million in fiscal year 2023, primarily due to competitive pricing strategies and increased administrative expenses related to supply chain management services in Sub-Saharan Africa[2][12]. - The gross profit for fiscal year 2024 was approximately HKD 13.7 million, a decrease of about 36.2% from HKD 21.6 million in fiscal year 2023, primarily due to lower profit margins from the printing business[7]. - The gross margin for the printing business decreased to 12.1% in fiscal year 2024 from 22.2% in fiscal year 2023[7]. - The company reported a loss attributable to shareholders of approximately HKD 12 million for the fiscal year 2024, compared to a loss of HKD 3.69 million in fiscal year 2023[35]. - The company’s basic loss per share for fiscal year 2024 was HKD 1.18, compared to HKD 0.36 in fiscal year 2023[35]. - The company incurred a loss before tax of HKD 12,000,000 for the year, compared to a loss of HKD 3,666,000 in the previous year, indicating a significant decline in performance[48]. - The basic loss per share for the year 2024 was HKD (12,000) thousand, compared to HKD (3,690) thousand in 2023, indicating a significant increase in losses[66]. Expenses and Costs - Administrative expenses increased by approximately 12.4% to HKD 23.2 million in fiscal year 2024, primarily due to higher employee costs and legal/professional fees related to supply chain management services[11]. - The company reported a total employee cost of approximately HKD 38.5 million for the fiscal year 2024, an increase from HKD 34.7 million in fiscal year 2023[26]. - The company has no interest-bearing bank borrowings as of December 31, 2024, maintaining a current ratio of approximately 4.3[20]. Assets and Liabilities - The total assets as of December 31, 2024, were approximately HKD 142.5 million, a decrease from HKD 150.3 million in 2023[17]. - Shareholders' equity decreased to approximately HKD 113.2 million in 2024 from HKD 126.6 million in 2023[17]. - The group’s debt-to-equity ratio increased to 7.1% in 2024 from 5.2% in 2023[20]. - Current assets as of December 31, 2024, were approximately HKD 107.0 million, down from HKD 114.6 million in 2023[18]. - The net current asset value decreased by approximately HKD 12.9 million or 13.5% to about HKD 82.1 million in 2024[18]. - The total assets decreased to HKD 117,573,000 as of December 31, 2024, down from HKD 130,688,000 in 2023[49]. - The net asset value also declined to HKD 113,159,000 in 2024, compared to HKD 126,603,000 in 2023[49]. Strategic Developments - The company plans to continue leveraging its one-stop printing platform and improve operational efficiency despite challenges from digital transformation and global competition[14]. - The group has successfully expanded its supply chain management services into the logistics sector in sub-Saharan Africa, contributing to revenue in FY2024[15]. - The group established its own truck fleet in Zambia and completed the acquisition of land in early 2025, planning to expand its logistics fleet and build a logistics center[15]. - The group signed a memorandum of understanding with COSCO SHIPPING Africa for strategic cooperation, aiming to formalize a binding agreement within the next year[15]. - The company completed the acquisition of land in Zambia on January 3, 2025, as part of its strategy to capitalize on logistics opportunities in sub-Saharan Africa[33]. - The company established two new subsidiaries in Zambia, expanding its operations into supply chain management services[56]. Shareholder Information - The board of directors did not recommend any final dividend for fiscal year 2024, consistent with fiscal year 2023[13]. - No dividends were declared or proposed for the past two years, consistent with the previous year[65]. - The company has not purchased, sold, or redeemed any of its securities during the fiscal year 2024[28]. - The company issued convertible bonds with a principal amount of HKD 20.1 million, convertible into a maximum of 16,750,000 shares at a conversion price of HKD 1.2 per share[27]. - The net proceeds from the convertible bond issuance are intended for general working capital, including expanding the logistics fleet and developing a logistics center[27]. - The company raised approximately HKD 20.7 million from a share placement in 2022, which has been fully utilized for acquiring land in Zambia, accounting for 76.3% of the total cost[32]. Employee Information - As of December 31, 2024, the company had 438 employees, up from 364 employees as of December 31, 2023[26].

竣球控股有限公司 （於開曼群島註冊成立的有限公司 ） 股份代號:1481 中期報告 目錄 | --- | --- | |------------------------------|-------| | | | | 企業資料 | 2 | | 財務概要 | 4 | | 管理層討論與分析 | 5 | | 其他資料 | 12 | | 簡明綜合財務報表之審閱報告 | 16 | | 簡明綜合損益及其他全面收益表 | 17 | | 簡明綜合財務狀況表 | 18 | | 簡明綜合權益變動表 | 19 | | 簡明綜合現金流量表 | 20 | | 簡明綜合財務報表附註 | 21 | 企業資料 | --- | --- | |--------------------------------|-----------------------------| | | | | 董事會 | 提名委員會 | | 執行董事 | 吳浩麟先生 （主席） | | 吳浩麟先生 （主席） 朱樂峰先生 | 姚好智先生 羅瑩慧女士 | | 陳坤先生 | 公司秘書 | | 林德凌先生 | 朱樂峰先生 | | 獨立非執行董事 胡家慈博士 | 陳坤先生 | | 姚 ...

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。 SMART GLOBE HOLDINGS LIMITED 竣球控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1481） 截至2024年6月30日止六個月之 中期業績公告 財務概要 － 截至2024年6月30日止六個月，竣球控股有限公司（「本公司」）及其附屬公司（統 稱「本集團」）之收益約為50.5百萬港元（截至2023年6月30日止六個月：約45.6 百萬港元），較截至2023年6月30日止六個月增加約10.6%。 － 截至2024年6月30日止六個月，本公司擁有人應佔虧損約為5.7百萬港元（截至 2023年6月30日止六個月：虧損約5.5百萬港元）。 － 截至2024年6月30日止六個月，除稅後虧損略有增加乃主要由於本集團的毛 利較截至2023年6月30日止六個月下降，其被銀行利息收入及匯兌收益淨額 增加所部分抵銷。 － 截至2024年6月30日止六個月，每股基本虧損約為0.56港仙（截 ...

Financial Performance - For the fiscal year 2023, the company reported total revenue of approximately HKD 97.2 million, a decrease of 26.1% compared to HKD 131.6 million in fiscal year 2022[17]. - The loss for fiscal year 2023 was approximately HKD 3.7 million, significantly reduced from a loss of HKD 16.5 million in fiscal year 2022, attributed to a shift in sales strategy focusing on higher-margin customer orders[17]. - The book products segment accounted for approximately 92.2% of total revenue in fiscal year 2023, generating about HKD 89.7 million, down 28.3% from HKD 125.0 million in the previous year[18]. - The group's gross profit for the fiscal year 2023 was approximately HKD 21.6 million, an increase of 181.0% compared to HKD 7.7 million in fiscal year 2022[19]. - The gross profit margin improved from 5.8% in fiscal year 2022 to 22.2% in fiscal year 2023[20]. - The annual loss for fiscal year 2023 decreased to approximately HKD 3.7 million from HKD 16.5 million in fiscal year 2022[26]. - The net profit attributable to the company's owners for the year ended December 31, 2023, was a loss of HKD 3,690,000, compared to a loss of HKD 16,500,000 in 2022[76]. - The basic loss per share for 2023 was HKD 0.36, a decrease from HKD 1.64 in 2022, reflecting a reduction in losses[73]. Shareholder Value and Management - The new controlling shareholder, TeraMetal Holdings Limited, was welcomed in May 2023, marking a new management era and opening up prospects for existing and new business opportunities[13]. - The management expressed confidence in exploring new business avenues with the support of the new controlling shareholder to maximize overall shareholder value[14]. - The company is committed to creating long-term value for shareholders in response to their steadfast support and trust[14]. - The company aims to optimize its sales strategy to maintain competitiveness in the printing industry, despite anticipated ongoing intense competition[14]. Operational Efficiency - The company experienced a notable improvement in profit margins in the second half of fiscal year 2023, despite increased administrative expenses due to rising employee costs and taxes in China[17]. - Sales and distribution costs decreased by approximately 23.2% to about HKD 5.8 million in fiscal year 2023 from HKD 7.6 million in fiscal year 2022[24]. - Administrative expenses rose by approximately 14.3% to about HKD 20.6 million in fiscal year 2023, mainly due to increased employee costs and taxes in China[25]. - Employee costs totaled approximately HKD 34.7 million in FY2023, down from HKD 42.4 million in FY2022, with a workforce increase to 364 employees[48]. Environmental Impact - The company reported a significant increase in nitrogen oxides emissions, rising to 43,403.06 grams in 2023 from 12,670.55 grams in 2022, indicating a substantial increase due to post-pandemic recovery[109]. - Sulfur oxides emissions increased to 105.30 grams in 2023 from 78.54 grams in 2022, reflecting a growing environmental impact[109]. - The total greenhouse gas emissions amounted to 4,386.29 tons of CO2 equivalent in 2023, down from 4,771.85 tons in 2022, achieving an 8% reduction in emissions density[111]. - The company aims to keep total greenhouse gas emissions density between 90% to 120% of the 2023 baseline in the next reporting period[111]. - The company has successfully obtained ISO 14001 environmental management system certification, demonstrating its commitment to sustainable practices[108]. - The company has established a hazardous waste management system to prevent environmental pollution and ensure compliance with relevant laws[113]. Community Engagement and Social Responsibility - The group donated a total of HKD 60,000 to the Hong Kong Aberdeen District Community Service Centre, supporting welfare and social services for the elderly, children, and families[163]. - The company has engaged in various community activities and employee volunteer initiatives to enhance its social responsibility[98]. Corporate Governance - The board believes that combining the roles of Chairman and CEO enhances decision-making efficiency despite deviations from governance codes[182]. - The company plans to regularly review the need for separate individuals to hold the roles of Chairman and CEO to maintain good corporate governance[182]. - The board will continue to monitor and update the company's corporate governance practices to ensure compliance with the corporate governance code[183]. - All directors confirmed full compliance with the standard code of conduct for securities trading during the fiscal year 2023[184]. - The board consists of four executive directors and three independent non-executive directors, with all directors confirming their independence as per listing rules[200].

Financial Performance - The company's total revenue for the fiscal year 2023 decreased by approximately 26.1%, from about HKD 131.6 million in fiscal year 2022 to approximately HKD 97.2 million[4]. - The revenue from the book products segment accounted for about 92.2% of total revenue in fiscal year 2023, with approximately HKD 89.7 million, a decrease of 28.3% compared to HKD 125.0 million in fiscal year 2022[6]. - The net loss for fiscal year 2023 decreased to approximately HKD 3.7 million, compared to a net loss of about HKD 16.5 million in fiscal year 2022[16]. - The company reported a net loss of approximately HKD 3,690,000 for the fiscal year 2023, compared to a loss of approximately HKD 16,500,000 in 2022, representing a significant improvement[49]. - Earnings per share for 2023 was HKD (0.36), a decrease from HKD (1.64) in 2022, indicating a reduction in losses per share[62]. - Total revenue for 2023 was HKD 97,241,000, down from HKD 131,647,000 in 2022, reflecting a decline of approximately 26%[62]. - The cost of sales decreased to HKD (75,690,000) in 2023 from HKD (123,978,000) in 2022, resulting in a gross profit of HKD 21,551,000, compared to HKD 7,669,000 in the previous year[62]. - The gross profit for fiscal year 2023 was approximately HKD 21.6 million, an increase of 181.0% from about HKD 7.7 million in fiscal year 2022[7]. - The gross profit margin increased from 5.8% in fiscal year 2022 to 22.2% in fiscal year 2023[8]. Assets and Liabilities - As of December 31, 2023, the company's total assets were HKD 150.329 million, with shareholders' equity at HKD 126.603 million[21]. - The company held cash and bank balances of approximately HKD 65.6 million as of December 31, 2023, an increase of about 15.0% from HKD 57.1 million on December 31, 2022[21]. - Non-current assets decreased to approximately HKD 35.7 million as of December 31, 2023, down from about HKD 43.3 million on December 31, 2022[23]. - Current assets increased to approximately HKD 114.6 million as of December 31, 2023, compared to HKD 107.0 million on December 31, 2022[23]. - The total lease liabilities of the group as of December 31, 2023, amounted to approximately HKD 6.6 million (as of December 31, 2022: approximately HKD 1.8 million)[25]. - The group's debt-to-equity ratio as of December 31, 2023, was approximately 5.2% (as of December 31, 2022: approximately 1.4%)[25]. - The group maintained a current ratio of approximately 5.8 as of December 31, 2023 (as of December 31, 2022: approximately 5.7)[25]. - The total equity of the group decreased to HKD 126,603,000 in 2023 from HKD 131,607,000 in 2022, a decline of 3.8%[78]. Operational Strategies - The company plans to improve marketing strategies, expand its quality customer base, and promote one-stop printing services to capture new business opportunities[17]. - The company plans to utilize approximately HKD 20.7 million for pharmaceutical-related projects by December 31, 2024, with HKD 13.7 million remaining unutilized as of the announcement date[45]. - The group has no plans for significant acquisitions, disposals, or investments as of the announcement date[36]. - The company did not recommend any final dividend for fiscal year 2023, consistent with fiscal year 2022[107]. Governance and Compliance - The audit committee has reviewed the external auditor's terms of engagement and the financial statements for the fiscal year 2023, ensuring compliance with applicable accounting standards[65]. - The company has implemented high standards of corporate governance and has adhered to the corporate governance code, with a commitment to regular reviews of its governance practices[53]. - The company has maintained a public float of at least 25% of its issued share capital as of the announcement date[58]. Other Financial Information - Total employee costs for the fiscal year 2023 were approximately HKD 34.7 million (fiscal year 2022: approximately HKD 42.4 million)[33]. - The group acquired properties, plants, and equipment for approximately HKD 0.5 million in fiscal year 2023 (fiscal year 2022: HKD 1.1 million)[29]. - The group did not enter into any hedging instruments to mitigate foreign exchange risks during the fiscal year 2023[28]. - The group reported bank interest income of HKD 792,000 in 2023, significantly up from HKD 41,000 in 2022[88]. - The group received government grants totaling HKD 101,000 in 2023, down from HKD 470,000 in 2022[88]. - The group reported a net loss from the sale of property, plant, and equipment of HKD 25,000 in 2023, compared to a gain of HKD 11,000 in 2022[95]. - The company had no non-current assets related to potential investments as of the end of fiscal year 2023, down from HKD 7 million in fiscal year 2022[100]. - Trade receivables at the end of fiscal year 2023 totaled HKD 29.2 million, down from HKD 41.4 million in fiscal year 2022[100]. - The total trade and other payables at the end of fiscal year 2023 amounted to HKD 16.6 million, an increase from HKD 15.6 million in fiscal year 2022[108]. - The average number of ordinary shares weighted for the basic loss per share calculation was 1,020,000 shares in fiscal year 2023, compared to 1,008,164 shares in fiscal year 2022[99]. - The company issued 20 million new shares in August 2022, raising approximately HKD 20.7 million after expenses[110].

Financial Performance - For the six months ended June 30, 2023, the revenue of Smart Globe Holdings Limited was approximately HKD 45.6 million, a decrease of about 35.8% compared to HKD 71.1 million for the same period in 2022[10]. - The loss attributable to owners of the company for the same period was approximately HKD 5.5 million, compared to a loss of HKD 2.4 million in the previous year[10]. - The gross profit for the period was approximately HKD 8.6 million, down 10.4% from HKD 9.6 million in the first half of 2022[14]. - The company recorded a net loss of approximately HKD 5.5 million for the period, compared to a loss of approximately HKD 2.4 million in the first half of 2022[20]. - Total comprehensive loss for the period was HKD 7,097,000, compared to HKD 5,529,000 in the same period last year, reflecting a worsening financial position[77]. - Basic loss per share for the period was HKD 0.54, compared to HKD 0.24 in the same period of the previous year, indicating a higher loss per share[77]. Revenue Breakdown - Revenue from the book products segment accounted for approximately 94.5% of total revenue, with segment revenue decreasing by 37.3% to approximately HKD 43.1 million from HKD 68.8 million in the previous year[13]. - The decline in revenue was primarily attributed to a decrease in customer orders from the United States and Hong Kong for the book products segment[12]. - Revenue for the six months ended June 30, 2023, was HKD 45,629,000, a decrease of 35.9% compared to HKD 71,057,000 in the same period of 2022[77]. - The company experienced a decrease in book product revenue, which fell to HKD 43,122,000 from HKD 68,764,000, representing a decline of 37.4%[96]. - Revenue from Hong Kong decreased to HKD 20,055,000 from HKD 34,034,000, representing a decline of 41.2% year-over-year[98]. Expenses and Costs - Selling and distribution costs decreased by approximately 29.7% to about HKD 3.0 million, down from HKD 4.3 million in the first half of 2022[18]. - Administrative expenses increased by approximately 32.7% to about HKD 10.6 million, compared to HKD 8.0 million in the previous year, mainly due to legal and professional fees related to corporate actions[19]. - Total employee costs for the period amounted to approximately HKD 17.1 million, down from approximately HKD 23.8 million in the first half of 2022[39]. Assets and Liabilities - As of June 30, 2023, total assets were HKD 142.5 million, down from HKD 150.3 million as of December 31, 2022, representing a decrease of approximately 5.2%[26]. - The company's equity decreased to HKD 124.5 million as of June 30, 2023, from HKD 131.6 million as of December 31, 2022[26]. - Non-current assets decreased to HKD 31,953,000 as of June 30, 2023, from HKD 36,318,000 at the end of 2022[80]. - Current assets increased slightly to HKD 110,559,000 from HKD 106,969,000 at the end of 2022, primarily due to an increase in trade and other receivables[80]. - Trade payables as of June 30, 2023, totaled HKD 9,554,000, an increase of 13.5% from HKD 8,425,000 as of December 31, 2022[112]. Corporate Actions and Governance - The company does not recommend the payment of any interim dividend for the six months ended June 30, 2023, consistent with the previous year[10]. - The company announced the termination of the proposed acquisition of a 30% stake in Hubei Kangshizhen Pharmaceutical Technology Co., Ltd. on July 5, 2023[38]. - The company has no significant capital commitments or contingent liabilities as of June 30, 2023[36]. - The company has complied with the corporate governance code, except for the deviation where the Chairman and CEO roles are held by the same person[63]. - The audit committee consists of three independent non-executive directors, ensuring compliance with corporate governance standards[66]. Future Plans and Strategies - The company aims to diversify revenue sources and reduce business risks by improving marketing strategies and expanding its customer base[21]. - The company plans to enhance overall production efficiency through a one-stop printing platform to prepare for future growth opportunities[21]. - The company plans to utilize the net proceeds for pharmaceutical-related projects by December 31, 2023[47]. Shareholder Information - TeraMetal Holdings Limited acquired 750,000,000 shares, representing 73.53% of the issued shares, for a total consideration of HKD 196.05 million[22]. - The company's public float was restored following a placement of up to 154,260,000 shares completed on August 1, 2023[51]. - The company's shares were suspended from trading on June 21, 2023, and resumed trading on August 2, 2023, after meeting the minimum public float requirement[115].

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。 SMART GLOBE HOLDINGS LIMITED 竣 球 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1481） 截至2023年6月30日止六個月之 中期業績公告 財務概要 — 截至2023年6月30日止六個月，竣球控股有限公司（「本公司」）及其附屬公 司（統稱「本集團」）之收益約為45.6百萬港元（截至2022年6月30日止六個月： 約71.1百萬港元），較截至2022年6月30日止六個月減少約35.8%。 — 截至2023年6月30日止六個月，本公司擁有人應佔虧損約為5.5百萬港元（截 至2022年6月30日止六個月：虧損約2.4百萬港元）。 — 除稅後虧損增加乃主要由於：(i)客戶訂單減少及本集團的毛利較去年同期 下降；(ii)與截至2023年6月30日止六個月開展的企業行動相關的法律及專 業費用增加；及(iii)中國的其他稅項增加。 ...

Financial Performance - Total revenue decreased by approximately 21.6% from HKD 167.9 million in FY21 to HKD 131.6 million in FY22, primarily due to reduced orders from customers in Hong Kong and the United States[11]. - The net loss for FY22 was approximately HKD 16.5 million, compared to a profit of approximately HKD 1.6 million in FY21, attributed to increased paper costs and intensified market competition[11]. - The overall gross margin dropped from approximately 15.8% in FY21 to about 5.8% in FY22, mainly due to rising paper costs that could not be passed on to customers[17]. - Revenue from the book products segment accounted for approximately 95.0% of total revenue in FY22, amounting to about HKD 125.0 million, down from HKD 155.9 million in FY21[11]. - The company reported a loss attributable to shareholders of approximately HKD 16.5 million for the fiscal year 2022, compared to a profit of HKD 1.649 million in 2021[58]. - The earnings per share for fiscal year 2022 was a loss of 1.64 HKD cents, compared to a profit of 0.16 HKD cents in 2021[58]. - Total revenue for the fiscal year 2022 was HKD 131.647 million, a decline of 21.6% from HKD 167.899 million in 2021[60]. Operational Efficiency - The company plans to tighten operational expenditure controls and streamline production processes to maintain competitiveness in the current economic environment[10]. - The company will continue to invest in capacity enhancement to improve overall production efficiency in preparation for future opportunities and potential growth[13]. - The company has adopted strategic measures to lower gross margins in order to gain more market share amidst fierce industry competition[7]. - Distribution costs decreased by approximately 20.4% from approximately HKD 9.5 million in FY21 to approximately HKD 7.6 million in FY22, mainly due to a decline in transportation and freight costs of approximately HKD 1.3 million[21]. - Administrative expenses increased by approximately 20.2% from approximately HKD 15.0 million in FY21 to approximately HKD 18.1 million in FY22, primarily due to an increase in legal and professional fees of approximately HKD 2.9 million[22]. - Financing costs decreased by approximately 41.2% from approximately HKD 0.3 million in FY21 to approximately HKD 0.2 million in FY22, mainly due to a reduction in interest expenses on lease liabilities[23]. Cash and Investments - As of December 31, 2022, the group held cash and bank balances of approximately HKD 57.1 million, an increase of approximately 75.8% from approximately HKD 32.5 million as of December 31, 2021[32]. - The group had no significant capital commitments or contingent liabilities as of December 31, 2022[39][40]. - The group plans to utilize the net proceeds from the placement for potential developments related to the pharmaceutical sector[28]. Employee and Workforce Management - The total employee cost for the fiscal year 2022 was approximately HKD 42.4 million, a decrease of 21% from HKD 53.9 million in fiscal year 2021[45]. - As of December 31, 2022, the group had a total of 319 employees, down from 334 employees in 2021, indicating a reduction of about 4.5%[45]. - The employee turnover rate for the reporting period is 21%, with male turnover at 13% and female turnover at 32%[107]. - 96% of employees received training during the reporting period, with an average training hours per employee of 0.87[115]. - The average training hours for male employees is 0.76, while female employees average 1.04 hours[115]. - The company recorded 7 work-related injuries during the reporting period, with no fatalities reported[110]. Environmental, Social, and Governance (ESG) Initiatives - The board of directors has established several dedicated committees to manage environmental, social, and governance (ESG) matters within the group[62]. - The company emphasizes the importance of effective management of environmental and social issues as a key factor for long-term success in a rapidly changing environment[62]. - The group emphasizes sustainable development and corporate social responsibility, balancing profitability with environmental and social impacts[63]. - The ESG report covers the group's performance in environmental protection, human resources, operational practices, and community engagement for the fiscal year ending December 31, 2022[65]. - The group has identified significant ESG issues that could impact its operations and financial performance, including greenhouse gas emissions and waste management[76]. - The company achieved a reduction in nitrogen oxide emissions by 18%, sulfur oxide emissions by 19%, and particulate matter emissions by 18% compared to the previous reporting period[80]. - Total greenhouse gas emissions decreased from 7,474.89 tons of CO2 equivalent in 2021 to 4,771.85 tons in 2022, representing a 36% reduction in emissions density[82]. - The company generated a total of 28.36 tons of hazardous waste in 2022, down from 43.16 tons in 2021, achieving a 34% reduction in hazardous waste density[85]. - The total amount of packaging materials used decreased significantly from 1,468.72 tons in 2021 to 604.84 tons in 2022, resulting in a packaging material density reduction from 0.05 tons/m² to 0.02 tons/m²[87]. - The company has fully complied with all applicable laws and regulations regarding air emissions and waste management during the reporting period[84]. Corporate Governance - The company adheres to high corporate governance standards to protect shareholder interests and enhance corporate value[150]. - The board consists of three executive directors and three independent non-executive directors, with full attendance recorded for board meetings[165]. - The company encourages all directors to attend at least one training course related to corporate governance each fiscal year[164]. - The board is responsible for overseeing the overall strategy and development of the company, as well as monitoring financial performance[157]. - The company has implemented a policy to reimburse directors for training expenses related to corporate governance and internal controls[164]. - The board has established guidelines to clearly define the responsibilities of the board and management[154]. - The company has mechanisms in place to ensure the board receives independent viewpoints and opinions, with annual reviews of these mechanisms[174].

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。 SMART GLOBE HOLDINGS LIMITED 竣 球 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1481） 截至2022年12月31日止年度之年度業績公告 財務概要 — 竣球控股有限公司（「本公司」）及其附屬公司（統稱「本集團」）截至2022年12 月31日止年度（「22財年」）之收益約為131.6百萬港元（截至2021年12月31日 止年度（「21財年」）：約167.9百萬港元），較21財年減少約21.6%。 — 本集團22財年之虧損約為16.5百萬港元（21財年：溢利約1.6百萬港元），主 要乃由於(i)22財年全年紙張成本增加，而該成本增加無法轉移至客戶；(ii) 市場競爭激烈導致銷量下降及向客戶提供較低的價格；及(iii)行政開支增加。 — 22財年每股基本虧損約為1.64港仙（21財年：每股基本盈利0.16港仙）。 — 本公司董事（「董事」）會（「董事會 ...