Financial Performance - Revenue for the six months ended September 30, 2024, increased by 89.3% to approximately HKD 76.1 million from HKD 40.2 million for the same period in 2023[5] - Gross profit rose by 44.8% to approximately HKD 38.8 million for the six months ended September 30, 2024, compared to HKD 26.8 million in the prior year[5] - Profit for the period increased to approximately HKD 25.0 million for the six months ended September 30, 2024, up from HKD 17.3 million in the same period of 2023[5] - Adjusted profit, excluding significant non-recurring items, rose to approximately HKD 24.5 million for the six months ended September 30, 2024, from HKD 21.5 million in the prior year[5] - The company's profit attributable to owners for the six months ended September 30, 2024, was HKD 20,293,000, compared to HKD 17,172,000 for the same period in 2023, representing an increase of approximately 18.4%[43] - The group's EBITDA increased from approximately HKD 22.8 million for the six months ended September 30, 2023, to approximately HKD 32.6 million for the same period in 2024, while EBIT rose from approximately HKD 21.4 million to approximately HKD 31.3 million[87] Earnings Per Share - Basic and diluted earnings per share for the six months ended September 30, 2024, were both approximately HKD 0.59, compared to HKD 0.62 and HKD 0.60 for the same period in 2023[7] - Basic earnings per share for the six months ended September 30, 2024, was HKD 0.59, a slight decrease from HKD 0.62 in the same period of 2023[45] Assets and Liabilities - Total assets as of September 30, 2024, amounted to HKD 521.4 million, an increase from HKD 468.4 million as of March 31, 2024[4] - Total liabilities increased slightly to HKD 155.3 million as of September 30, 2024, from HKD 154.3 million as of March 31, 2024[4] - Net assets increased to HKD 366.0 million as of September 30, 2024, compared to HKD 314.1 million as of March 31, 2024[4] - The total liabilities increased to HKD 140,734,000 as of September 30, 2024, compared to HKD 111,984,000 in 2023, representing a rise of 25.7%[16] - Current assets as of September 30, 2024, reached approximately HKD 313.2 million, a 10% increase from approximately HKD 284.6 million as of March 31, 2024[91] - Current liabilities increased to approximately HKD 25.5 million in borrowings as of September 30, 2024, compared to approximately HKD 17.4 million as of March 31, 2024[92] - The group's total equity increased to approximately HKD 366.4 million as of September 30, 2024, up about 16.7% from approximately HKD 314.1 million as of March 31, 2024[95] Revenue Breakdown - Revenue from energy product trading was HKD 54,272,000 for the six months ended September 30, 2024, compared to HKD 16,909,000 in 2023, indicating a growth of 220.5%[34] - Rental service revenue reached HKD 21,784,000 for the six months ended September 30, 2024, up from HKD 15,186,000 in 2023, reflecting a growth of 43.3%[34] - Revenue from energy-saving systems and product leasing services was HKD 20.4 million for the six months ended September 30, 2024, up from HKD 13.5 million for the same period in 2023[72] Expenses - Sales and distribution expenses increased to approximately HKD 3.3 million for the six months ended September 30, 2024, from approximately HKD 2.5 million in the same period of 2023, driven by higher employee benefits and sales commissions[80] - Administrative expenses rose to approximately HKD 24.2 million for the six months ended September 30, 2024, compared to approximately HKD 17.3 million for the same period in 2023, largely due to increased employee benefits and professional fees[81] - Financing costs increased significantly from approximately HKD 1.8 million for the six months ended September 30, 2023, to approximately HKD 4.2 million for the same period in 2024, mainly due to additional interest payable to plan creditors[84] Cash Flow and Financing - Cash and cash equivalents decreased to HKD 4.8 million as of September 30, 2024, from HKD 31.9 million as of March 31, 2024[13] - The company's total borrowings classified as current liabilities amounted to HKD 25,493,000 as of September 30, 2024, compared to HKD 17,417,000 as of March 31, 2024, representing an increase of approximately 46.3%[59] - The total interest expense on financial liabilities at amortized cost increased significantly to HKD 4,191,000 from HKD 1,566,000 year-on-year, marking a rise of approximately 167.5%[1] Strategic Initiatives - The group plans to install 1 million LED lights in Selangor, Malaysia, by March 2025 as part of its energy management project, which aims to enhance energy efficiency in public areas[111] - The group has established a strategic partnership with Primech Holdings Limited in Singapore to explore and implement advanced energy solutions, focusing on improving energy efficiency in facility management[112] - A memorandum of understanding was signed with Lead International Investments L.L.C. to provide energy management solutions starting with approximately 700 commercial, residential, and enterprise buildings in Abu Dhabi, expanding to the UAE and Middle East market[115] - The company plans to procure and supply its own brand of solar equipment to meet the UAE's potential demand of 100 GW for solar projects by 2030, estimated at a total value of $15 billion[115] Corporate Governance - The board is committed to maintaining high standards of corporate governance, believing it is essential for protecting shareholder interests and enhancing corporate value[120] - The audit committee, consisting of three independent non-executive directors, has reviewed the interim financial information for the six months ending September 30, 2024, ensuring compliance with applicable accounting standards[125] Other Information - The company did not declare or pay any dividends for the six months ended September 30, 2024, consistent with the same period in 2023[46] - There are no significant conflicts of interest reported among directors or major shareholders as of September 30, 2024[119] - The company has not engaged in buying, selling, or redeeming its listed securities within the six months ending September 30, 2024[118]

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。 （股份代號：1539） （於開曼群島註冊成立的有限公司） 於馬來西亞證交所作潛在第二上市 本公告由知行集團控股國際有限公司（「本公司」，連同其附屬公司，統稱「本集團」） 根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第13.09條及證 券及期貨條例（香港法例第571章）第XIVA部項下之內幕消息條文（定義見上市規則） 之規定而作出。 開始籌備潛在上市 本公司董事（「董事」）會（「董事會」）謹此宣佈，本公司已與一名馬來西亞證券委員會 認可的首席顧問就（其中包括）以介紹方式申請本公司股本中每股面值0.10港元的股 份（「股份」）於馬來西亞證券交易所（「馬來西亞證交所」）作第二上市的可能性（「潛在 上市」）進行磋商。 於二零二四年十一月二十日，本公司已於馬來西亞委聘合資格且經驗豐富的專業人 士（「馬來西亞專業人士」），根據馬來西亞證券委員會及馬來西亞證交所規定之要求 開始籌備潛在上市申請 ...

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。 Unity Group Holdings International Limited 知行集團控股國際有限公司 知行集團控股國際有限公司 主席、行政總裁及執行董事 黃文輝 香港，二零二四年十一月十八日 於本公告日期，本公司執行董事為黃文輝先生；本公司非執行董事為曾思維先生及 蔡欣欣女士；及本公司獨立非執行董事為鍾琯因先生、張翼雄先生、黃子鑍博士及 唐偉倫先生。 如果本公告的中、英文兩個版本有任何抵觸或不相等之處，應以英文版本為準。 1 （股份代號：1539） （於開曼群島註冊成立的有限公司） 董事會召開日期 知行集團控股國際有限公司（「本公司」）董事會（「董事會」）茲通告謹訂於二零二四年 十一月二十九日（星期五）舉行董事會會議，以考慮及通過本公司及其附屬公司截至 二零二四年九月三十日止六個月的中期業績，以及處理任何其他事項。 承董事會命 ...

（股份代號：1539） （於開曼群島註冊成立的有限公司） 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。 Unity Group Holdings International Limited 知行集團控股國際有限公司 於二零二四年十月三十日舉行之股東週年大會 投票表決結果 茲提述知行集團控股國際有限公司（「本公司」）日期均為二零二四年十月七日的通 函（「該通函」）及本公司股東週年大會（「股東週年大會」）通告（「股東週年大會通 告」）。除文義另有指明外，本公告所用詞彙與該通函及股東週年大會通告所界定者 具有相同涵義。 董事會欣然宣佈，於二零二四年十月三十日（星期三）舉行之股東週年大會上，股東 週年大會通告所載之所有建議決議案已獲股東以投票表決方式正式通過。於股東週 年大會上提呈之決議案之投票表決結果如下： | | 普通決議案 | 票數(%) | | | --- | --- | --- | --- | | | | 贊成 | 反對 | | 1. | 接納本 ...

Financial Performance - The group's total revenue for the year ended March 31, 2024, was approximately HKD 92.7 million, an increase of about 99.0% compared to approximately HKD 46.6 million for the year ended March 31, 2023[27]. - The group's profit attributable to owners for the year was HKD 8,023 thousand, a significant improvement from a loss of HKD 25,084 thousand in the previous year[2]. - The basic and diluted earnings per share for the year were HKD 0.3, compared to a loss of HKD 1.1 per share in the previous year[2]. - The group's EBITDA improved from a loss of approximately HKD 8.6 million for the year ending March 31, 2023, to a profit of about HKD 22.0 million for the year ending March 31, 2024[48]. - The group’s net profit for the year ending March 31, 2024, was HKD 11.2 million, compared to a loss of HKD 24.0 million for the previous year[49]. - Adjusted profit for the year improved by 155.7% from a loss of approximately HKD 63.7 million to a profit of approximately HKD 35.5 million[184]. - The adjusted basic earnings per share improved by 139.1% from a loss of approximately 2.7 HK cents to a profit of approximately 1.1 HK cents[184]. Revenue Breakdown - The revenue from energy-saving product trading was HKD 40,278 thousand, up from HKD 18,538 thousand in the previous year[12]. - The consulting service revenue increased to HKD 12,931 thousand from HKD 4,863 thousand in the previous year[12]. - The revenue from renewable energy services was HKD 88 thousand, a decrease from HKD 2,696 thousand in the previous year[12]. - The unaudited financial data for the year ending March 31, 2024, shows a total revenue from external customers of HKD 39,322,000, compared to HKD 40,278,000 for the previous year[168]. Cost and Expenses - The group's financing costs decreased to HKD 3,276 thousand from HKD 23,260 thousand in the previous year[12]. - Other expenses reduced from approximately HKD 50.7 million for the year ending March 31, 2023, to about HKD 9.7 million for the year ending March 31, 2024[34]. - The cost of inventory sold for the year 2024 is reported at HKD 28,900,000, significantly up from HKD 14,958,000 in 2023, indicating a year-over-year increase of approximately 92%[199]. - Employee benefits expenses, including director remuneration, rose to HKD 27,644,000 in 2024 from HKD 21,344,000 in 2023, reflecting an increase of about 29.6%[199]. Financial Position - The total liabilities classified as current borrowings increased to HKD 17,417 thousand from HKD 9,000 thousand in the previous year[21]. - The current ratio improved from approximately 1.0 times as of March 31, 2023, to about 2.9 times as of March 31, 2024[51]. - The total amount payable to plan creditors was HKD 174.1 million, with HKD 104.4 million settled through the issuance of company shares, reducing overall debt[53]. - The total equity of the group as of March 31, 2024, was approximately HKD 314.1 million, an increase of about 147.9% compared to approximately HKD 126.7 million as of March 31, 2023[71]. - The capital debt ratio as of March 31, 2024, was 39.9%, a significant decrease from 144.6% as of March 31, 2023[80]. - Total assets increased to HKD 474.5 million from HKD 373.6 million year-on-year[183]. - Total liabilities decreased significantly from HKD 246.9 million to HKD 160.5 million[183]. - The company's equity attributable to owners increased to HKD 321,864,000 in 2024 from HKD 137,718,000 in 2023[166]. Credit and Receivables - Trade receivables aged over 365 days increased to HKD 138,147 thousand from HKD 115,823 thousand in the previous year[20]. - The expected credit loss rates for trade receivables as of March 31, 2024, are 1.20% for non-overdue, 5.75% for 1-30 days overdue, and 23.95% for 181-365 days overdue, reflecting a decrease in historical default rates[43][45]. - The expected credit loss rate for trade receivables within one year decreased from 5.53% as of March 31, 2023, to 1.49% as of March 31, 2024[61]. - The expected credit loss for trade receivables and finance lease receivables was assessed as fair and reasonable, reflecting macroeconomic factors and historical credit losses[62]. Strategic Initiatives - The company is expanding energy management contract solutions in the Middle East, starting from approximately 700 commercial, residential, and enterprise buildings in Abu Dhabi[95]. - A memorandum of understanding was signed with Nestlé and GoBiz to establish a VEGGiTY verification concept model in Malaysia, aiming for stable chili supply by December 2024[96]. - A strategic partnership was formed with Tongwei Solar to provide branded solar equipment products for the solar power market in the Middle East, Central Asia, Southeast Asia, and East Asia, with a projected market size of at least 30 GW by 2030[96]. - The company plans to continue expanding its renewable energy projects in China, anticipating more opportunities due to the country's "dual carbon" goals[126]. Governance and Compliance - The audit committee has been established to ensure the integrity and accuracy of the group's financial information[109]. - The board proposed to terminate the existing share option scheme and adopt a new share option scheme for 2024 to continue providing incentives to eligible participants[154][155]. - The company has adopted a stock option plan to reward eligible participants and enhance shareholder value[90]. - The board does not recommend any dividend payment for the fiscal year ending March 31, 2024[92]. Other Information - The company has no significant contingent liabilities or guarantees as of March 31, 2024[72][73]. - The company has initiated operations in the Middle East, completing an energy-saving project in collaboration with the UAE's Leaf Tower to enhance its lighting and cooling systems[122]. - The foreign exchange loss for 2024 is reported at HKD 7,423,000, which is more than double the loss of HKD 3,325,000 in 2023, indicating a worsening in currency fluctuations[199]. - The company announced the appointment of Ms. Cai Xinxin as a non-executive director effective July 31, 2024[150].

Financial Performance - For the six months ended September 30, 2023, the company reported a profit attributable to owners of approximately HKD 17.7 million, a significant improvement compared to a loss of approximately HKD 62.2 million for the same period in 2022[23]. - Total revenue for the six months ended September 30, 2023, was HKD 40.2 million, compared to HKD 5.6 million for the same period in 2022, representing a substantial increase[15]. - EBITDA improved from a loss of approximately HKD 58.2 million for the six months ended September 30, 2022, to a profit of approximately HKD 23.3 million for the same period in 2023[33]. - EBIT also showed significant improvement, rising from a loss of approximately HKD 59.6 million for the six months ended September 30, 2022, to a profit of approximately HKD 22.0 million for the same period in 2023[33]. - The company reported a profit before tax of HKD 20,223 thousand, a turnaround from a loss of HKD 71,652 thousand in the previous year[185]. - Net profit for the period was HKD 17,795 thousand, compared to a loss of HKD 62,821 thousand in the same period last year[186]. - Basic earnings per share for the period was HKD 0.6, recovering from a loss per share of HKD 2.6 in the previous year[186]. Revenue and Profitability - The group's revenue increased by approximately 617.9% from about HKD 5.6 million for the six months ended September 30, 2022, to about HKD 40.2 million for the six months ended September 30, 2023[39]. - Gross profit rose by 102.1% from approximately HKD 2.4 million for the six months ended September 30, 2022, to about HKD 26.8 million for the six months ended September 30, 2023[36]. - Other income and gains for the six months ended September 30, 2023, amounted to approximately HKD 16.7 million, an increase of approximately 3,240% compared to approximately HKD 0.5 million for the same period in 2022, primarily due to improved recoverability of trade receivables[73]. - The company recorded other income and gains of HKD 16,722 thousand, a significant increase from HKD 453 thousand in the same period of 2022[185]. Cost Management - Sales and distribution costs for the six months ended September 30, 2023, were approximately HKD 2.5 million, a decrease of about 16.7% from approximately HKD 3.0 million for the same period in 2022[30]. - Other expenses decreased significantly from approximately HKD 41.7 million for the six months ended September 30, 2022, to approximately HKD 1.6 million for the same period in 2023[33]. - Administrative expenses decreased by approximately 3.8% from about HKD 18.5 million for the six months ended September 30, 2022, to about HKD 17.8 million for the six months ended September 30, 2023[46]. - Financing costs significantly reduced to HKD 1,764 thousand from HKD 12,087 thousand, indicating better financial efficiency[185]. Assets and Liabilities - The company's total assets increased to HKD 479.3 million as of September 30, 2023, compared to HKD 373.6 million as of March 31, 2023[15]. - Total liabilities decreased to HKD 221.4 million as of September 30, 2023, from HKD 247.0 million as of March 31, 2023[15]. - The net asset value of the company rose to HKD 257.9 million as of September 30, 2023, compared to HKD 126.7 million as of March 31, 2023[15]. - The group's capital debt ratio as of September 30, 2023, was 65.4%, a significant decrease from 144.6% as of March 31, 2023[68]. - Current assets increased by approximately 50.6% to about HKD 303.7 million as of September 30, 2023, compared to approximately HKD 201.6 million as of March 31, 2023[81]. - The total liabilities decreased to HKD 133,346 million from HKD 204,271 million, a reduction of about 34.7%[160]. Strategic Initiatives - The "Darkness to Light" project in Malaysia generated approximately HKD 13.5 million in revenue, with about 45,000 LED lights installed, contributing significantly to the overall revenue[40]. - The company has established a strategic partnership with Tongwei Solar in Hefei, China, which is the largest multicrystalline silicon manufacturer and solar cell supplier globally since 2022[101]. - The company aims to meet the potential solar energy project demand of 100 GW in the UAE by 2030, with an estimated total value of $15 billion[101]. - The company signed a cooperation agreement with the Selangor State Government agency, Lembaga Perumahan Dan Hartanah Selangor (LPHS), to expedite a real estate development project in Malaysia[123]. - The "Light in the Dark" project aims to install about 6 million LED lights in the 8,000 apartments by 2025, enhancing energy efficiency and receiving strong local government support[123]. Human Resources - The group had 67 full-time employees as of September 30, 2023, up from 57 as of March 31, 2023[66]. Corporate Governance - The company has adopted a securities trading code that complies with the standards set out in the listing rules, ensuring all directors and relevant employees adhered to it during the reporting period[180]. - The audit committee consists of three independent non-executive directors, ensuring compliance with the listing rules and corporate governance standards[181]. - The company continues to monitor and review its corporate governance practices and procedures, making necessary adjustments as deemed appropriate[180]. - The company held its annual general meeting on September 28, 2023, chaired by an independent non-executive director due to the absence of the chairman[180].

Financial Performance - Basic earnings per share for the six months ended September 30, 2023, was HK$0.6, a significant improvement from a loss of HK$2.6 in the same period last year[12][15] - Total revenue increased approximately 617.9% to about HKD 40.2 million for the six months ended September 30, 2023, compared to HKD 5.6 million for the same period in 2022[23] - Gross profit rose from approximately HKD 2.4 million to about HKD 26.8 million, representing an increase of 102.1%[23] - The profit attributable to the company's owners was approximately HKD 17.7 million, a significant improvement from a loss of HKD 62.2 million for the same period last year[23] - EBITDA for the six months ended September 30, 2023, was HKD 23.3 million, compared to a loss of HKD 58.2 million in the previous year[23] - The financial performance improvement was primarily driven by increased revenue and gross profit, along with a reduction in impairment losses on financial assets[23] Revenue Breakdown - Revenue from external customers for energy-saving system leasing services reached HKD 15,186 thousand, a significant increase from HKD 3,310 thousand in the same period last year, representing a growth of 358%[45] - Revenue from energy-saving product trading was HKD 16,909 thousand, up from HKD 2,272 thousand, marking a growth of 642% year-over-year[48] - Other income and gains for the six months ended September 30, 2023, were approximately HKD 16.7 million, an increase of about 3,240% compared to HKD 0.5 million for the same period in 2022[90] Assets and Liabilities - Total assets increased to HKD 479.3 million as of September 30, 2023, from HKD 373.6 million as of March 31, 2023[20] - Total liabilities decreased to HKD 221.4 million as of September 30, 2023, from HKD 247.0 million as of March 31, 2023[20] - The net asset value increased to HKD 257.9 million as of September 30, 2023, compared to HKD 126.7 million as of March 31, 2023[20] - The group's current assets as of September 30, 2023, were approximately HKD 303.7 million, up approximately 50.6% from HKD 201.6 million as of March 31, 2023[132] Capital Structure - The company issued convertible bonds totaling $10,000,000 with an annual interest rate of 8.0%, maturing in 24 months, convertible at a price of HK$0.33 per share[1] - As of November 17, 2023, bondholders converted $7,500,000 of convertible bonds into 177,272,727 new shares[2] - The group plans to continue establishing new banking relationships and exploring various financing methods, including bonds and equity investments, to enhance its capital structure[130] - The group has no significant contingent liabilities or guarantees as of September 30, 2023[120][121] Operational Highlights - The company plans to expand its market presence and explore new strategies, including potential mergers and acquisitions[19] - The company plans to continue expanding its energy-saving systems and consulting services, which contributed significantly to revenue growth[36] - The company completed the installation of approximately 45,000 LED lights under the Malaysia project, generating revenue of about HKD 13.5 million for the six months ended September 30, 2023[87] - The company plans to install 6 million LED lights in Malaysia by 2025, with strong support from local customers and government[87] Tax and Expenses - The group’s income tax expense for the period was HKD 2,428 thousand, compared to a tax credit of HKD 8,831 thousand in the same period last year[71] - The company’s tax expense for the six months ended September 30, 2023, was approximately HKD 2.4 million, compared to a tax credit of about HKD 8.8 million for the year ended September 30, 2022[95] - Administrative expenses for the six months ended September 30, 2023, were approximately HKD 17.8 million, a decrease of about 3.8% from HKD 18.5 million for the same period in 2022[82] - Financing costs decreased by approximately 85.1%, from about HKD 12.1 million for the six months ended September 30, 2022, to about HKD 1.8 million for the same period in 2023[93] Employee and Governance - The group employed 67 full-time employees as of September 30, 2023, an increase from 57 employees as of March 31, 2023[123] - The Audit Committee has been established and consists of three independent non-executive directors, ensuring compliance with applicable accounting standards and regulations[162] - The unaudited condensed consolidated financial information for the six months ending September 30, 2023, has been reviewed by the Audit Committee[162] Strategic Initiatives - The "Light in the Dark" project in Malaysia aims to install approximately 6 million LED lights in around 8,000 apartments by 2025, receiving strong local government support[144] - The strategic partnership with Tongwei Solar in China aims to provide solar equipment for a projected market size of at least 30 GW by 2030 in the Middle East, Central Asia, Southeast Asia, and East Asia[147] - The company has initiated energy-saving projects in the UAE, starting with approximately 700 commercial, residential, and corporate buildings, with plans to expand across the UAE and Middle East[149] - The estimated total value of solar projects in the UAE is projected to be $15 billion, targeting a potential demand of 100 GW by 2030[149] - The company believes that entering the Middle East market will provide significant business growth potential in the future[157]

Financial Performance - The company's revenue for the year ended March 31, 2023, was approximately HKD 46.6 million, a decrease of 42.1% from HKD 80.4 million for the year ended March 31, 2022[13]. - Gross profit for the same period was approximately HKD 27.7 million, down 14.9% from HKD 32.6 million in the previous year[14]. - The loss attributable to the company's owners for the year ended March 31, 2023, was approximately HKD 25.1 million, compared to a loss of HKD 382.1 million for the year ended March 31, 2022[14]. - Adjusted loss attributable to the company's owners, excluding certain significant non-recurring or non-operating income and expenses, decreased by 13.6% to approximately HKD 26.8 million from HKD 31.0 million in the previous year[14]. - Basic and diluted loss per share for the year ended March 31, 2023, was approximately HKD 0.011, a significant improvement from HKD 0.228 for the year ended March 31, 2022[14]. - The company reported a net loss of HKD 24,014,000 for the year, significantly improved from a loss of HKD 386,905,000 in the previous year[29]. - For the fiscal year ending March 31, 2023, the company reported a loss before tax of HKD 34,655,000, compared to a loss of HKD 395,939,000 in the previous year, indicating a significant improvement[96]. Assets and Liabilities - The company's total assets as of March 31, 2023, were approximately HKD 373.6 million, down from HKD 417.8 million in the previous year[13]. - Total liabilities decreased to approximately HKD 247.0 million from HKD 272.2 million year-over-year[13]. - The company's net asset value as of March 31, 2023, was approximately HKD 126.7 million, compared to HKD 145.6 million in the previous year[13]. - The company's total assets as of March 31, 2023, amounted to HKD 371,638,000, compared to HKD 417,811,000 in the previous year, indicating a decrease of 11.0%[31]. - Current liabilities decreased to HKD 204,271,000 from HKD 208,961,000, a reduction of 2.0%[31]. - The company's equity attributable to owners was HKD 137,718,000, down from HKD 157,960,000, representing a decline of 12.8%[32]. - The total amount payable to plan creditors as of March 31, 2023, is HKD 174,107,000, with HKD 104,399,000 to be settled through share issuance[61]. Cash Flow and Financing - The company reported a net cash outflow from operating activities of approximately HKD 9.1 million for the year ended March 31, 2023[8]. - The group reported a loss of approximately HKD 24,014,000 for the year ended March 31, 2023, with net cash used in operating activities amounting to HKD 9,094,000[40]. - The group has initiated a debt restructuring plan aimed at alleviating cash flow pressure and improving financial conditions, which received all necessary approvals and became effective on February 21, 2023[41]. - The group plans to issue convertible bonds with a principal amount of USD 15,000,000[43]. - The group’s cash and cash equivalents as of March 31, 2023, were HKD 18,608,000, raising significant doubts about its ability to continue as a going concern[40]. - The group believes it will have sufficient financial resources to fund its operations and meet its financial obligations, thus justifying the use of the going concern basis in preparing its financial statements[64]. - The group recognized a gain of approximately HKD 51.6 million from the elimination of financial liabilities for the year ended March 31, 2023, compared to a loss of approximately HKD 303.5 million for the year ended March 31, 2022[131]. Revenue Streams - Revenue from external customers for the year ended March 31, 2023, totaled HKD 46,550,000, with reported segment losses amounting to HKD 33,079,000[51]. - Revenue from energy-saving product trading was HKD 18,538,000, down from HKD 64,646,000 in the previous year, reflecting a decrease of approximately 71.3%[97]. - The company generated rental service income of HKD 20,453,000, which is an increase from HKD 6,603,000 in the previous year, representing a growth of approximately 209.5%[97]. - The company completed the installation of approximately 52,000 LED lights under the "Light in the Dark" project in Malaysia, generating revenue of about HKD 14.4 million for the year[123]. Expenses and Cost Management - The sales and distribution costs increased by approximately 126.7%, rising from about HKD 2.7 million to approximately HKD 6.1 million, primarily due to increased advertising and promotional expenses[128]. - Administrative expenses rose by approximately 25.4%, from about HKD 29.0 million to approximately HKD 36.4 million, influenced by higher foreign exchange losses and share-based payment expenses[129]. - The group's other expenses decreased from approximately HKD 60.9 million for the year ended March 31, 2022, to approximately HKD 50.7 million for the year ended March 31, 2023[186]. Credit and Impairment - The expected credit loss provision for financial assets decreased from approximately HKD 51.1 million as of March 31, 2022, to approximately HKD 46.0 million as of March 31, 2023, due to improved recoverability and reduced overall default risk[135]. - The expected credit loss provision for trade receivables and finance lease receivables as of March 31, 2023, is approximately HKD 45.0 million, reflecting a lower expected loss rate compared to March 31, 2022[163]. - The expected loss rate for trade receivables overdue for 1 to 30 days improved from 7.28% in 2022 to 5.67% in 2023[162]. - The expected loss rate for trade receivables overdue for 31 to 90 days improved from 13.61% in 2022 to 10.79% in 2023[162]. - The expected loss rate for trade receivables overdue for 181 to 365 days improved from 40.35% in 2022 to 27.34% in 2023[162]. Strategic Initiatives - The company has rebranded its service offerings to include energy-saving system and product leasing services, indicating a strategic shift in its business model[69]. - The group has established a renewable energy business segment and is actively pursuing projects in this area since May 30, 2022[49]. - The group has entered into financing agreements with suppliers to support a new energy-saving system and product leasing service project in collaboration with the Malaysian state government[43]. Tax and Regulatory Matters - The group recognized a tax credit of approximately HKD 10.6 million for the year ended March 31, 2023, compared to HKD 9.0 million for the year ended March 31, 2022[193]. - The company plans to adopt new and revised Hong Kong Financial Reporting Standards effective from April 1, 2022, which may impact future financial statements[21]. - The company has not early adopted certain new or revised financial reporting standards that are expected to be effective after January 1, 2024[24].

Financial Performance - The company's revenue decreased by 42.1% from approximately HKD 80.4 million for the year ended March 31, 2022, to approximately HKD 46.6 million for the year ended March 31, 2023[17]. - The gross profit declined by 14.9% from approximately HKD 32.6 million for the year ended March 31, 2022, to approximately HKD 27.7 million for the year ended March 31, 2023[17]. - The loss attributable to the owners of the company was approximately HKD 382.1 million for the year ended March 31, 2022, compared to a loss of approximately HKD 25.1 million for the year ended March 31, 2023[17]. - The adjusted loss (excluding certain significant non-recurring or non-operating income and expenses) decreased by 13.6% from approximately HKD 31.0 million for the year ended March 31, 2022, to approximately HKD 26.8 million for the year ended March 31, 2023[17]. - Basic or diluted loss per share was approximately HKD 0.228 for the year ended March 31, 2022, compared to approximately HKD 0.011 for the year ended March 31, 2023[17]. - The adjusted basic or diluted loss per share decreased by 38.9% from approximately HKD 0.018 for the year ended March 31, 2022, to approximately HKD 0.011 for the year ended March 31, 2023[17]. - The company reported a total comprehensive loss attributable to owners of the company of HKD (24,336) thousand for the year 2023, compared to a loss of HKD (385,861) thousand in 2022, representing a significant improvement[39]. - The company reported a net loss attributable to owners of HKD 25,084,000 for 2023, compared to a much larger loss of HKD 382,145,000 in 2022, indicating an improvement in financial performance[93]. - The gross profit margin increased from approximately 40.5% for the year ended March 31, 2022, to about 59.5% for the year ended March 31, 2023, primarily due to higher margins from projects in Malaysia[133]. Cash Flow and Liquidity - The company reported a net cash outflow from operating activities of HKD 9.094 million for the year ended March 31, 2023[10]. - The company had cash and cash equivalents of HKD 18.608 million as of March 31, 2023[10]. - The company’s operating cash flow for the year was HKD 9,094,000, indicating ongoing operational challenges[31]. - The company plans to issue convertible bonds amounting to USD 15,000,000 to improve its financial position[33]. - The total amount payable to plan creditors is HKD 174.1 million, of which HKD 104.4 million has been settled through the issuance of company shares as of June 28, 2023[180]. Assets and Liabilities - As of March 31, 2023, the company's current liabilities amounted to HKD 204.271 million, including HKD 133.779 million related to debt restructuring[10]. - The total assets as of March 31, 2023, were HKD 373,638,000, down from HKD 417,811,000, representing a decrease of 10.6%[35]. - Total liabilities decreased to HKD 246,986,000 from HKD 272,170,000, a reduction of 9.2%[35]. - The company’s net asset value decreased to HKD 126,652,000 from HKD 145,641,000, a decline of 13.0%[35]. - The total non-current liabilities reported for 2023 were HKD 40,328,000, with current liabilities at HKD 133,779,000, leading to a total liabilities of HKD 174,107,000[99]. - The company's total borrowings classified as current liabilities decreased from HKD 32,999,000 in 2022 to HKD 9,000,000 in 2023, representing a reduction of approximately 72.7%[99]. Debt and Restructuring - The company has initiated a debt restructuring plan aimed at alleviating liquidity pressure and improving financial conditions, which received all necessary approvals and became effective on February 21, 2023[50]. - The group plans to restructure its financial liabilities, with overall debt increasing due to the inclusion of certain trade payables[147]. - The company recorded a financing cost of HKD (23,260) thousand in 2023, down from HKD (49,398) thousand in 2022, indicating a reduction in financing expenses[61]. - Interest expenses on borrowings decreased from HKD 15,327,000 in 2022 to HKD 7,537,000 in 2023, a reduction of approximately 51.0%[64]. Revenue Sources and Projects - The company's revenue analysis includes income from energy-saving product trading, leasing services, consulting services, and renewable energy services[61]. - Revenue from energy-saving product trading dropped significantly from HKD 64,646,000 in 2022 to HKD 18,538,000 in 2023, a decline of about 71.3%[83]. - The "Light in the Dark" project in Malaysia has installed approximately 52,000 LED lights, generating revenue of about HKD 14.4 million for the year ended March 31, 2023[159]. - The company has launched new projects under the energy-saving systems and product leasing services, collaborating with the Malaysian state government to implement environmental measures[52]. Financial Ratios and Performance Indicators - The current ratio decreased from approximately 1.2 times as of March 31, 2022, to approximately 1.0 times as of March 31, 2023[178]. - The group's capital debt ratio as of March 31, 2023, was 144.6%, an increase from 98.3% as of March 31, 2022[190]. - The expected credit loss provision for trade receivables and finance lease receivables was approximately HKD 45.0 million, reflecting a lower expected loss rate compared to March 31, 2022[143]. - The expected loss rates for trade receivables as of March 31, 2023, were 1.21% for non-overdue, 5.67% for overdue 1 to 30 days, and 87.01% for overdue over 365 days[141]. Other Financial Information - The company did not declare or pay any dividends during the year, consistent with the previous year[92]. - The group's share of results from associates was approximately HKD 1.5 million, a decrease from approximately HKD 7.4 million for the year ended March 31, 2022[144]. - The group's other income and gains were approximately HKD 1.0 million, a significant decrease from approximately HKD 9.6 million for the year ended March 31, 2022, primarily due to a reduction in fair value gains from equity investments[161]. - The group's sales and distribution costs increased by approximately 126.7% to about HKD 6.1 million for the year ended March 31, 2023, compared to approximately HKD 2.7 million for the previous year, mainly due to increased advertising and promotional expenses[162].

Financial Performance - The total revenue for the six months ended September 30, 2022, was approximately HKD 5.6 million, a decrease of 85.6% compared to approximately HKD 38.8 million for the same period in 2021[15]. - The gross profit for the same period decreased by 87.2% to approximately HKD 2.4 million from approximately HKD 18.8 million[15]. - The loss attributable to the owners of the company was approximately HKD 62.2 million for the six months ended September 30, 2022, compared to approximately HKD 21.7 million for the same period in 2021[15]. - The EBITDA for the six months ended September 30, 2022, was (HKD 58.2 million), compared to (HKD 0.05 million) for the same period in 2021[12]. - The company reported a basic loss per share of HKD 2.6 for the six months ended September 30, 2022, compared to HKD 1.4 for the same period in 2021[16]. - The company incurred a loss before tax of HKD 71,652,000, compared to a loss of HKD 25,233,000 in the previous year, representing a 184.5% increase in losses[94]. - The net loss for the period was HKD 62,821,000, significantly higher than the loss of HKD 22,220,000 reported in the prior year[94]. - The company's total comprehensive loss for the period amounted to HKD 63,645,000, compared to HKD 22,115,000 in the same period last year, indicating a 187.5% increase in comprehensive losses[94]. Assets and Liabilities - The total assets as of September 30, 2022, were HKD 355.7 million, down from HKD 417.8 million as of March 31, 2022[12]. - The total liabilities increased slightly to HKD 273.7 million as of September 30, 2022, from HKD 272.2 million as of March 31, 2022[12]. - As of September 30, 2022, the group's total assets amounted to approximately HKD 191.9 million, a decrease of about 24.3% from approximately HKD 253.6 million as of March 31, 2022[39]. - The group's net assets as of September 30, 2022, were approximately HKD 82.0 million, a decrease of 43.7% from approximately HKD 145.6 million as of March 31, 2022[39]. - The capital debt ratio as of September 30, 2022, was 167.5%, compared to 98.3% as of March 31, 2022[50]. - Current liabilities as of September 30, 2022, included borrowings of approximately HKD 28.8 million, down from approximately HKD 33.0 million as of March 31, 2022[39]. - The company's net asset value decreased to HKD 81,996,000 from HKD 145,641,000, representing a significant decline of approximately 43.6%[99]. - The total liabilities to total assets ratio increased, indicating a higher leverage position for the company[99]. Revenue Segments - The revenue from the energy-saving product trading segment decreased by approximately 91.2% due to clients completing their lighting project deployments[19]. - Revenue from external customers for the six months ended September 30, 2022, totaled HKD 5,582 thousand, a decrease from HKD 38,848 thousand in the same period of 2021[120]. - Revenue from energy product trading and consulting services for the six months ended September 30, 2022, was HKD 5,582,000, down from HKD 38,848,000 in the previous year, reflecting a decrease of approximately 85.6%[131]. - Revenue from external customers in Hong Kong for the six months ended September 30, 2022, was HKD 1,274,000, a significant drop from HKD 8,086,000 in the previous year, indicating a decline of approximately 84.2%[125]. Expenses - Sales and distribution costs increased by approximately 114.3% to about HKD 3.0 million for the six months ended September 30, 2022, from approximately HKD 1.4 million for the same period in 2021, primarily due to increased advertising expenses[21]. - Administrative expenses rose by approximately 74.5% to about HKD 18.5 million for the six months ended September 30, 2022, compared to approximately HKD 10.6 million for the same period in 2021, mainly due to foreign exchange losses and increased legal and professional fees[25]. - Financing costs decreased by approximately 46.5% to about HKD 12.1 million for the six months ended September 30, 2022, from approximately HKD 22.6 million for the same period in 2021, due to a reduction in interest-bearing debt[26]. - Other expenses increased from approximately HKD 15.3 million for the six months ended September 30, 2021, to about HKD 41.7 million for the same period in 2022, primarily due to an increase in expected credit loss provisions[27]. - The company reported a significant increase in other expenses, which totaled HKD 41,692,000, compared to HKD 15,269,000 in the previous year, marking a 173.5% increase[94]. - The company recognized employee benefits expenses of HKD 7,384,000 for the six months ended September 30, 2022, compared to HKD 5,875,000 in the previous year[140]. Corporate Governance - The board of directors believes that maintaining high levels of corporate governance is essential for protecting shareholder interests and enhancing corporate value[82]. - The roles of the chairman and CEO are held by the same individual, Mr. Huang Wenhui, which the board believes serves the best interests of the company and its shareholders[83]. - The company has four independent non-executive directors, reflecting sufficient independence within the board[83]. - The company has complied with the corporate governance code, except for the deviation regarding the separation of the roles of chairman and CEO[84]. - The board will regularly review the management structure and consider separating the roles of chairman and CEO when appropriate[83]. Future Plans and Opportunities - The company anticipates improvement in performance as it continues to engage in projects in Malaysia, particularly in collaboration with local government agencies on green initiatives[19]. - The company aims to establish stable revenue sources in the green sector while seizing new business expansion opportunities[55]. - The company is actively seeking renewable energy opportunities in Hong Kong and China, discussing potential collaborations with various clients and technology suppliers[55]. - The company plans to expand the "Light in the Dark" project to five additional regions in Malaysia, with a target of installing another 10,000,000 lights[55]. - The "Light in the Dark" project in Malaysia aims to install 6,000,000 lights, with approximately 10,000 lights already installed during the period[55]. Shareholder Information - As of September 30, 2022, the total number of issued shares was 2,385,668,000[61]. - Huang Wenhui holds a controlling interest in the company with 1,253,939,204 shares, representing 52.56% of the issued share capital[59]. - Beyond Ever Limited holds 168,366,000 shares, representing 7.06% of the issued share capital[69]. - The total number of shares available for issuance under the share option scheme was 24,383,000 shares, accounting for approximately 1.022% of the total issued shares as of September 30, 2022[77]. - The company did not declare or pay any dividends for the six months ended September 30, 2022, consistent with the previous year[137]. Debt and Financing - A debt repayment plan was approved by the High Court, allowing the company to repay outstanding debts at an interest rate of 2.5% or through the issuance of new shares[55]. - The company is in a better position to establish relationships with banks and is seeking new bank financing at normal market rates[55]. - The company has overdue borrowings of HKD 1,063,000 as of September 30, 2022, which are intended to be repaid through a specific plan[150]. - The company reported a total of HKD 54,997,000 in notes payable as of September 30, 2022, unchanged from March 31, 2022[154].