Financial Performance - The revenue for the six-month period ended September 30, 2019, was reported at HKD 500 million, reflecting a year-on-year increase of 10%[8]. - The net profit for the same period was approximately HKD 50 million, representing a profit margin of 10%[8]. - Revenue for the six months ended September 30, 2019, increased to HK$116,667,000, up 46.4% from HK$79,685,000 in 2018[16]. - Gross profit for the same period rose to HK$42,843,000, representing a 39.9% increase compared to HK$30,617,000 in 2018[16]. - Profit for the period attributable to owners of the Company was HK$16,071,000, a significant increase of 96.5% from HK$8,164,000 in the previous year[16]. - Basic earnings per share improved to 4.23 HK cents, up from 2.15 HK cents, reflecting a 96.3% increase[16]. - Total comprehensive income for the period was HK$17,799,000, compared to HK$8,389,000 in 2018, marking a 112.9% increase[16]. - Profit before tax for the six months ended September 30, 2019, was HK$25,591,000, an increase of 71.1% compared to HK$14,989,000 for the same period in 2018[21]. - The Group reported a net profit of approximately HK$20.6 million, an increase from approximately HK$11.7 million for the same period last year, primarily due to increased revenue during the reporting period[162]. Assets and Liabilities - The financial position as of September 30, 2019, includes a total asset value of approximately HKD 1.2 billion[8]. - Non-current assets decreased to HK$31,577,000 from HK$16,462,000 as of March 31, 2019[17]. - Current assets increased to HK$221,131,000, up from HK$202,881,000, indicating a growth of 9%[17]. - Net current assets improved to HK$171,460,000 from HK$153,231,000, reflecting an increase of 11.9%[17]. - Total assets less current liabilities rose to HK$203,037,000, compared to HK$169,693,000, showing a growth of 19.6%[17]. - Equity attributable to owners of the Company increased to HK$152,336,000 from HK$137,939,000, representing a growth of 10.4%[17]. - The Group's bank borrowings were approximately HK$6.4 million as of September 30, 2019, compared to HK$5.3 million as of March 31, 2019, with a gearing ratio of approximately 14.1%[171][172]. Revenue Sources - Revenue from manufacturing and trading of DTH rockdrilling tools was HK$94,215,000, up 90.2% from HK$49,472,000 in the previous year[89]. - Revenue from Hong Kong increased significantly to HK$110,652,000, up 83.7% from HK$60,185,000 in 2018[100]. - Revenue from trading of piling and drilling machineries generated revenue of HK$14,096,000, a decrease of 27.5% compared to HK$19,376,000 in the prior year[89]. - Revenue from trading of rockdrilling equipment revenue was HK$8,356,000, down 22.8% from HK$10,837,000 in the same period last year[89]. - Revenue from trading of piling and drilling machineries contributed approximately 12.1% of total revenue, down from 24.3%[148]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 15% growth in revenue from this region over the next fiscal year[8]. - The company is exploring potential acquisition opportunities to enhance its market share and operational capabilities[8]. - The Group has made progress in expanding its presence in international markets, including Germany, during the reporting period[165]. Operational Efficiency and Investments - The company continues to invest in technology upgrades to improve operational efficiency, with a budget allocation of HKD 30 million for the current fiscal year[8]. - New product development initiatives are underway, with an expected launch of two new product lines by Q2 2020[8]. - The Group acquired property, plant, and equipment amounting to HK$619,000 during the current interim period, compared to HK$119,000 in the same period last year[119]. Cash Flow and Financing - Operating cash flows before movements in working capital increased to HK$27,695,000, up from HK$16,228,000, reflecting a growth of 70.6%[21]. - Net cash from operating activities was HK$10,119,000, a significant recovery from a net cash used of HK$10,301,000 in the previous year[21]. - The Group reported a net increase in cash and cash equivalents of HK$8,320,000, compared to HK$17,621,000 in the prior period[21]. - The total cash and cash equivalents at the end of the period were HK$81,840,000, down from HK$88,886,000 at the beginning of the period[21]. Corporate Governance and Compliance - The company has established a corporate governance structure in compliance with the Listing Rules and the Corporate Governance Code[200]. - The Group has adopted HKFRS 16 "Leases," resulting in significant changes in accounting policies related to lease liabilities and right-of-use assets[39]. Employee and Operational Metrics - The Group had 111 employees as of September 30, 2019, an increase from 109 employees a year earlier, reflecting ongoing business development efforts[188]. - The average credit period granted to customers ranges from 30 to 90 days, with trade receivables aged 0 to 30 days amounting to HK$16,037,000[124].

Financial Performance - For the year ended March 31, 2019, the Group's revenue was approximately HK$163.4 million, an increase of 64% compared to HK$99.7 million in 2018[14]. - The Group's net profit rose significantly from approximately HK$0.5 million in 2018 to approximately HK$19.8 million in 2019, reflecting a substantial increase in profitability[15]. - The Group's revenue increased by approximately HK$63.7 million, or 63.9%, to approximately HK$163.4 million for the year ended 31 March 2019, compared to approximately HK$99.7 million for the previous year[31]. - The Group's gross profit increased by approximately HK$28.9 million, or 77.1%, to approximately HK$66.4 million for the year, resulting in a gross profit margin of approximately 40.6%, up from 37.6%[36]. - The Group's profit for the year increased significantly to approximately HK$19.8 million, up from approximately HK$0.5 million in the previous year[31]. Revenue Sources - The increase in revenue was primarily driven by improved business conditions in Hong Kong, leading to higher construction activities and demand for products[14]. - Revenue from the manufacturing and trading of DTH rockdrilling tools accounted for approximately 66.3% of total revenue for the year, an increase from 62.8% in the previous year[31]. - Revenue generated from Hong Kong contributed approximately HK$130.0 million, or 79.6% of total revenue, while revenue from Macau increased to approximately HK$22.4 million, or 13.7% of total revenue[24]. - Revenue from trading of piling and drilling machineries contributed approximately 23.7% of total revenue, while revenue from trading of rockdrilling equipment accounted for approximately 10.1%[26]. - The Group generated revenue from Peru amounting to approximately HK$5.7 million, representing 3.5% of total revenue for the year[24]. Business Strategy - The Group plans to focus on the manufacturing and trading of down-the-hole (DTH) rock-drilling tools in Hong Kong and Macau, while also expanding its presence in overseas markets[16]. - The Group aims to allocate more resources towards the development of its DTH rock-drilling tools business to maximize long-term returns for shareholders[16]. - The Group intends to invest more resources in the development of its manufacturing and trading business to maximize long-term returns for shareholders[20]. - The Group remains optimistic about the construction market in Hong Kong and Macau and plans to continue expanding its presence in overseas markets[48]. Expenses and Costs - Selling and distribution expenses increased by approximately HK$1.5 million, or 31.3%, to approximately HK$6.3 million, primarily due to higher sales staff costs and commissions[39]. - Administrative expenses rose by approximately HK$6.4 million, or 23.4%, to approximately HK$33.8 million, mainly due to increased staff costs, rental expenses, and donations[40]. - Finance costs increased by approximately HK$0.5 million, or 100.0%, to approximately HK$1.0 million, attributed to higher borrowings during the Year[41]. Financial Position - The Group's total cash and cash equivalents amounted to approximately HK$74.0 million as of 31 March 2019, an increase from approximately HK$72.0 million in the previous year[49]. - The gearing ratio increased to approximately 14.9% as of 31 March 2019, up from approximately 1.1% in the previous year, primarily due to increased borrowings[51]. - As of March 31, 2019, bank borrowings amounted to approximately HK$5.3 million, an increase from approximately HK$1.7 million in 2018[69]. - The Group is comfortable with its current financial and liquidity position, maintaining a reasonable liquidity buffer[70]. Corporate Governance - The Company has established a corporate governance structure in compliance with the Listing Rules and the Corporate Governance Code, ensuring high standards of governance to protect shareholder interests[88]. - The Board of Directors includes three Independent Non-executive Directors, representing at least one-third of the Board, in compliance with Listing Rules[96]. - The roles of the chairman and chief executive officer are currently held by the same person, which is a deviation from Code Provision A.2.1, but the Board believes this arrangement enhances operational efficiency[89]. - The Company has adopted the Model Code for Securities Transactions by Directors, ensuring compliance throughout the year[91]. Risk Management - The Company’s risk management and internal control system aims to manage risks without eliminating them, ensuring compliance with applicable laws and regulations[160]. - An annual review of the risk management and internal control systems was conducted, confirming their effectiveness and compliance with the Code[161]. - The Group appointed Corporate Governance Professionals Limited to perform independent internal control reviews and assess the effectiveness of risk management systems[163]. - The risk register is updated at least annually to track major risks and management actions taken to mitigate them[176]. Shareholder Communication - The Company values effective communication with shareholders to enhance investor relations and understanding of its business strategies[199]. - The Company actively organizes activities to maintain communication with shareholders and address their reasonable demands[199]. - Shareholders holding at least one-tenth of the paid-up capital have the right to requisition an extraordinary general meeting[192]. - Shareholders have the right to make inquiries directly to the Company at its principal place of business in Hong Kong[198].