最近一个月来，兆邦基生活累计涨幅15.27%，今年来累计涨幅7.86%，跑输恒生指数19.18%的涨幅。 财务数据显示，截至2024年9月30日，兆邦基生活实现营业总收入9994.63万元，同比减少27.54%；归母 净利润-664.35万元，同比减少229.43%；毛利率25.13%，资产负债率24.97%。 6月6日，截至港股收盘，恒生指数下跌0.48%，报23792.54点。兆邦基生活（01660.HK）收报0.193港 元/股，上涨27.81%，成交量1902.4万股，成交额333.31万港元，振幅49.67%。 资料显示，兆邦基生活控股有限公司是一家在香港联合交易所主板上市的公司,连同其附属公司统称('本 集团')主要在香港地区从事机械及配件贸易、机械租赁及提供相关服务,以及在中华人民共和国('中国') 提供物业管理服务、机械租赁、物业租赁、转租及零售业务。本集团的关联公司包括立桥金融集团,其 在香港及澳门地区经营银行、人寿保险、财险及证券业务;及深圳兆邦基集团有限公司,其主要在深圳经 营房地产开发及商业物业投资业务。 （以上内容为金融界基于公开消息，由程序或算法智能生成，不作为投资建议或交易依据。 ...

The Group is committed to maintain high standards of corporate governance to safeguard the interests of the shareholders of the Company and to enhance corporate value and accountability. The Company has adopted the Corporate Governance Code (the "CG Code") as set out in Appendix to the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") as our corporate governance practices. The Company has complied with the applicable code provis ...

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 110,831 thousand, a decrease of 27.5% compared to HKD 152,965 thousand in the same period of 2023[2] - The gross profit for the period was HKD 27,849 thousand, slightly up from HKD 27,350 thousand year-on-year, indicating a gross margin improvement[2] - The operating loss for the period was HKD 9,671 thousand, compared to an operating profit of HKD 9,486 thousand in the previous year, reflecting a significant decline in operational performance[2] - The net loss attributable to equity holders for the period was HKD 7,367 thousand, compared to a profit of HKD 5,692 thousand in the same period last year[2] - The group reported a loss before tax of HKD 9,053 thousand for the six months ended September 30, 2024, compared to a profit before tax of HKD 9,082 thousand for the same period in 2023[26][30] - Basic loss per share for the six months ended September 30, 2024, was HKD (0.12), compared to a profit of HKD 0.09 for the same period in 2023[36] - The group reported a net loss of HKD 7.4 million for the period, compared to a net profit of HKD 5.7 million in the previous period[62] Revenue Breakdown - Revenue from machinery leasing and related services was HKD 30,185 thousand, down 33.8% from HKD 45,602 thousand year-on-year[23] - Property management services revenue increased to HKD 44,611 thousand, up 55.3% from HKD 28,724 thousand in the previous year[23] - Revenue from construction machinery leasing decreased by approximately HKD 15.4 million or 33.8% to about HKD 30.2 million due to a weaker real estate market in Hong Kong and China[46] - Revenue from construction machinery trading decreased by approximately HKD 12.8 million or 81.7% to about HKD 2.9 million, attributed to reduced demand for new construction machinery[48] - Revenue from property management services increased by approximately HKD 15.9 million or 55.3% to about HKD 44.6 million, driven by the completion of several development projects[49] Assets and Liabilities - Total assets as of September 30, 2024, amounted to HKD 525,480 thousand, an increase from HKD 516,362 thousand as of March 31, 2024[4] - The company's total liabilities increased to HKD 131,191 thousand from HKD 117,677 thousand, indicating a rise in financial obligations[10] - The net asset value decreased to HKD 394,289 thousand from HKD 398,685 thousand, reflecting a decline in shareholder equity[11] - Cash and cash equivalents increased to HKD 44,402 thousand from HKD 34,278 thousand, showing improved liquidity[4] - Trade receivables as of September 30, 2024, amounted to HKD 164.736 million, with a significant portion (approximately 89%) overdue by more than 90 days[41] - Trade payables as of September 30, 2024, totaled HKD 47.503 million, with 90 days overdue payables accounting for approximately 87%[42] - The total current assets and current liabilities as of September 30, 2024, were approximately HKD 226.4 million and HKD 111.8 million, respectively, resulting in a current ratio of about 2.0 times[64] Expenses and Cost Management - Total expenses for the six months ended September 30, 2024, were HKD 117,047 thousand, a decrease of 19.9% from HKD 146,025 thousand in the previous year[32] - Administrative expenses increased by approximately HKD 13.7 million or 67.1% to about HKD 34.1 million, primarily due to departmental restructuring[57] - The total employee cost for the period was approximately HKD 31.7 million, up from HKD 27.9 million in the previous period, with a workforce reduction to 408 employees from 507[73] Dividends and Capital Expenditures - The group did not recommend any interim dividend for the six months ended September 30, 2024[34] - The group reported zero capital expenditures during the period, maintaining a conservative investment approach due to challenging market conditions[67] - The group had zero capital commitments for machinery and equipment as of September 30, 2024, down from HKD 5.8 million as of March 31, 2024[71] Business Segments - The company is engaged in various business segments including machinery trading, leasing, and property management services in Hong Kong and mainland China[16] - The group’s operating segments include leasing, trading, property management, property leasing, and lending services[24] - The group’s performance in the leasing segment showed a loss of HKD 3,881 thousand for the period, compared to a profit of HKD 19,028 thousand in the previous year[26] Financial Reporting and Risks - The group applied revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position and performance for the current and prior periods[22] - The group faced foreign exchange risks due to transactions in currencies other than its functional currency, primarily monitoring currency fluctuations[69] - The group plans to continue using low leverage to navigate challenging market conditions influenced by high interest rates and geopolitical tensions[44] Share Capital - The total issued share capital as of September 30, 2024, was approximately HKD 12.4 million, equivalent to 6,195,000,000 shares[66] - There were no major investments, acquisitions, or disposals of subsidiaries or joint ventures during the period[75] - The group had no significant contingent liabilities as of the reporting date, consistent with the previous period[70]

兆邦基生活控股有限公司 • 二零二四年年報 21 Corporate Governance Report 企業管治報告 小心!!!有margin notes!!! 最後記得delete!!!!! Each of Mr. Xu Zhicong, Ms. Zhang Yu and Mr. Yu Chor On had obtained advice from the Company's legal advisor on 8 September 2023, 8 September 2023 and 15 March 2024 respectively and had confirmed that he/she understood his/her obligations as a director of the Company prior to his/her appointment. 20 Annual Report 2024 • Zhaobangji Lifestyle Holdings Limited Corporate Governance Report 企業管治報告 小心!!!有margin notes! ...

Financial Performance - Revenue for the year ended March 31, 2024, was HKD 267,691,000, an increase of 3.2% compared to HKD 258,353,000 for the previous year[3] - Gross profit for the year was HKD 41,313,000, up 26.2% from HKD 32,750,000 in the previous year[3] - The net loss for the year was HKD 28,034,000, a decrease of 31.5% compared to a net loss of HKD 40,985,000 in the previous year[5] - Total comprehensive loss for the year attributable to owners of the company was HKD 35,741,000, down from HKD 53,502,000 in the previous year[5] - The basic and diluted loss per share for the year was HKD 0.45, compared to HKD 0.66 in the previous year[5] - The group reported a pre-tax loss of HKD 28,183 thousand for the year, an improvement from a loss of HKD 35,446 thousand in the previous year[66] - The group's net loss decreased by approximately HKD 13.0 million, from a loss of about HKD 41.0 million in the previous year to a loss of about HKD 28.0 million this year[127] Revenue Breakdown - Revenue from sales of machinery and spare parts, along with related services, increased to HKD 22,401 thousand in 2024 from HKD 12,814 thousand in 2023, representing a growth of 74.5%[37] - Property management services generated revenue of HKD 78,369 thousand in 2024, down from HKD 81,920 thousand in 2023, reflecting a decrease of 4.1%[37] - Revenue from property leasing, subleasing, retail, and others rose significantly to HKD 71,132 thousand in 2024, compared to HKD 37,371 thousand in 2023, marking an increase of 90.2%[37] - Revenue from external customers in Hong Kong for 2024 was HKD 22,401 thousand, up from HKD 12,814 thousand in 2023, marking an increase of approximately 75%[61] - Revenue from external customers in China (excluding Hong Kong) was HKD 78,369 thousand in 2024, slightly down from HKD 81,920 thousand in 2023, a decrease of about 4.2%[61] - The total revenue from leasing machinery and related services in Hong Kong for 2024 was HKD 75,232 thousand, down from HKD 101,606 thousand in 2023, a decline of approximately 26%[61] - The company’s total revenue from property management services in 2024 was HKD 78,662 thousand, compared to HKD 101,890 thousand in 2023, reflecting a decrease of about 22.7%[61] - Revenue from property leasing, subleasing, and retail services rose from HKD 43.3 million to HKD 78.8 million, driven by the reopening of borders and the end of pandemic social distancing measures[103] - Revenue from construction machinery trade increased by approximately HKD 9.6 million or 74.8% to about HKD 22.4 million, attributed to favorable market opportunities[105] Assets and Liabilities - The company's total assets decreased to HKD 415,909,000 from HKD 460,608,000 in the previous year[13] - Non-current assets, including property, plant, and equipment, decreased to HKD 135,435,000 from HKD 150,577,000[8] - Current liabilities increased to HKD 100,453,000 from HKD 97,358,000 in the previous year[11] - The company's cash and cash equivalents decreased to HKD 34,278,000 from HKD 43,245,000[8] - The group’s lease liabilities decreased to HKD 1,921 million in 2024 from HKD 2,599 million in 2023, a reduction of 26.1%[25] - Deferred tax liabilities decreased to HKD 12,596 million in 2024 from HKD 13,876 million in 2023, a decline of 9.2%[25] - The group's borrowings amounted to HKD 10.1 million, a decrease from HKD 26.0 million in 2023, while lease liabilities were HKD 22.7 million, down from HKD 25.0 million[129] Accounting and Compliance - The group has adopted new accounting standards effective from April 1, 2023, which may impact future financial reporting[29] - The group has reviewed and aligned its accounting policies with the recent amendments to the Hong Kong Financial Reporting Standards, ensuring compliance and accuracy in financial reporting[31] - The group expects the application of new and revised Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements in the foreseeable future[41] - The group’s total liabilities classification changes will be adopted from the effective date of the announcement, indicating a strategic shift in financial reporting[41] Operational Changes - The company continues to engage in machinery and parts trading, machinery leasing, and related services, as well as property management services in China[21] - The group has six reportable segments in 2023, up from five in the previous year, indicating potential market expansion[38] - The company expanded its lending business, which has been reported as a separate segment, reflecting a strategic shift in resource allocation and future business development[63] - The group has capital commitments of approximately HKD 5.8 million for machinery and equipment as of March 31, 2024, compared to HKD 5.3 million in 2023[149] Shareholder Information - The group reported a loss for the year, with no dividends proposed for the fiscal year ending March 31, 2024[91] - The company will not recommend a final dividend for the year 2023[158] - The annual general meeting is scheduled for August 15, 2024, with a share registration suspension from August 12 to August 15, 2024[158] - Shareholders must submit their share registration forms by 4:30 PM on August 9, 2024, to be eligible to vote at the annual general meeting[158] - The annual performance announcement is available on the company's website and the Hong Kong Stock Exchange website[159]

Management Discussion and Analysis 管理層討論及分析 Property management services 本集團建築機械貿易所產生收益由上一期間 約5.6百萬港元增加約10.1百萬港元或280.4% 至本期間約15.7百萬港元。有關增加是期內 拖車、地基及地鑽配件的需求增加所導致。 物業管理服務 銷售及服務成本 IMPORTANT EVENTS AFTER THE END OF THE FINANCIAL PERIOD, SIGNIFICANT INVESTMENTS HELD, MATERIAL ACQUISITIONS OR DISPOSALS OF SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES, AND PLANS FOR MATERIAL INVESTMENTS OR CAPITAL ASSET On 26 October 2023, the Company issued an announcement to effect the change of company name from Zhaobangji Proper ...

Financial Position - As of September 30, 2023, the company's cash and cash equivalents amounted to approximately HKD 45.9 million, an increase from HKD 43.2 million as of March 31, 2023[1] - The company's borrowings and lease liabilities as of September 30, 2023, were approximately HKD 22.5 million, down from HKD 26.0 million as of March 31, 2023[1] - The company's total liabilities as of September 30, 2023, were HKD 112.3 million, a decrease from HKD 123.5 million as of March 31, 2023[18] - The company's total equity and liabilities amounted to HKD 545.2 million as of September 30, 2023, compared to HKD 557.9 million as of March 31, 2023[18] - Total assets as of September 30, 2023, amounted to HKD 545,236,000, a decrease of 2.6% from HKD 557,966,000 as of March 31, 2023[47] - Non-current assets, including property, plant, and equipment, decreased to HKD 116,750,000 from HKD 150,577,000, representing a decline of 22.5%[47] - Current assets increased to HKD 280,221,000 from HKD 232,265,000, reflecting a growth of 20.7%[47] - Total equity attributable to owners of the company was HKD 432,933,000, slightly down from HKD 434,423,000, a decrease of 0.3%[47] - Current assets and current liabilities as of September 30, 2023, were approximately HKD 280.2 million and HKD 98.5 million, respectively, with a current ratio increasing to approximately 2.8 times[156] Revenue and Profitability - The company's revenue for the six months ended September 30, 2023, was HKD 152,965 thousand, an increase of 18.8% compared to HKD 128,790 thousand in the same period of 2022[44] - Revenue from leasing machinery and related services decreased to HKD 45,602 thousand from HKD 61,417 thousand, representing a decline of 25.8%[44] - Revenue from sales of machinery and spare parts increased significantly to HKD 15,706 thousand from HKD 5,592 thousand, marking a growth of 180.5%[44] - Property management services revenue decreased to HKD 28,724 thousand from HKD 34,285 thousand, a decline of 16.4%[44] - The company reported a net profit of HKD 5,692 thousand for the period, a significant recovery from a loss of HKD 29,446 thousand in the previous year[46] - Basic and diluted earnings per share for the current period were HKD 0.09, compared to a loss per share of HKD 0.47 in the previous year[46] - The company's operating profit for the period was HKD 9,486 thousand, a turnaround from an operating loss of HKD 23,170 thousand in the previous year[46] - Total comprehensive income for the period was HKD (1,490) thousand, compared to a loss of HKD 29,332 thousand in the previous year[46] - Gross profit for the period was HKD 27.4 million, up from HKD 17.2 million in the previous period, with a gross profit margin increasing from approximately 13.3% to 17.9%[142] - The net profit for the period was HKD 5.7 million, resulting in a net profit margin of 3.7%[146] Expenses and Costs - The total employee cost for the period was approximately HKD 27.9 million, down from HKD 30.9 million in the previous period, with the number of employees increasing to 507 from 498[6] - Rental costs and administrative expenses rose to HKD 38,118,000 from HKD 25,478,000, marking an increase of about 49.5%[101] - The cost of sales for machinery, equipment, and spare parts increased to HKD 20,120,000 from HKD 14,274,000, representing a growth of approximately 41.5%[101] - The total sales and service costs, along with selling and administrative expenses, amounted to HKD 146,025,000, down from HKD 154,309,000, reflecting a decrease of about 5.4%[101] - The company incurred a tax expense of HKD 3,389,000 for the six months ended September 30, 2023, down from HKD 6,191,000 in the previous year[77] Investments and Commitments - The company had no significant investments, acquisitions, or disposals of subsidiaries during the period[7] - There were no capital commitments for machinery and equipment as of September 30, 2023, down from HKD 1.3 million as of March 31, 2023[5] Accounting and Compliance - The company expects that the newly issued Hong Kong Financial Reporting Standards will not have a significant impact on its financial statements[36] - The company anticipates that the adoption of the new accounting standards will begin on January 1, 2024, and can be applied early without significant effects on financial performance[36] - The company has not adopted new accounting standards that have been issued but not yet effective, indicating a cautious approach to financial reporting[58] - The interim condensed consolidated financial information is prepared in accordance with Hong Kong Accounting Standard 34, ensuring compliance with local regulations[49] Market and Operational Insights - The management anticipates continued positive long-term prospects for the Greater Bay Area driven by strong demand and supportive government policies[110] - Revenue from property management services decreased by HKD 5,600,000 or 16.2% to HKD 28,700,000 due to management fee discounts offered to tenants[113] - Revenue from property leasing, subleasing, retail, and other businesses increased by HKD 35,400,000 or 129% to HKD 62,900,000, primarily driven by post-pandemic business recovery in the indoor amusement park retail sector[114] - Revenue from construction machinery leasing decreased by approximately HKD 15.8 million or 25.7% to about HKD 45.6 million due to stagnation in the Hong Kong and China real estate markets[139] - Revenue from construction machinery trading increased by approximately HKD 10.1 million or 280.4% to about HKD 15.7 million, driven by increased demand for trailers, foundation, and drilling accessories[140]

兆邦基地產 Zhaobangji Properties (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號：1660 2 | --- | --- | |------------------------------------------------|--------------------------------------| | | | | BOARD OF DIRECTORS | 董事會 | | Executive Directors | 執行董事 | | Mr. Xu Chujia (Chairman) | 許楚家先生 （主席） | | Mr. Xu Chusheng | 許楚勝先生 | | Mr. Kwan Kin Man Keith | 關建文先生 | | (appointed with effect from 30 June 2022) | （自二零二二年六月三十日起獲委任） | | Mr. Cai Chun Fai | 蔡振輝先生 | | (resigned wi ...

Financial Performance - For the fiscal year ended March 31, 2023, the company reported a revenue of HKD 258,353,000, a decrease of 5% compared to HKD 271,998,000 in the previous year[16] - The company incurred a loss attributable to owners of HKD (40,985,000) for the current year, compared to a profit of HKD 37,987,000 in the previous year[18] - The gross profit for the year was HKD 32,750,000, down 68.6% from HKD 104,123,000 in the previous year[16] - The total comprehensive loss for the year amounted to HKD (53,499,000), compared to a total comprehensive income of HKD 45,996,000 in the previous year[19] - The basic and diluted earnings per share were reported at (0.66) and 0.61 respectively[37] - The group reported a loss of HKD 40,985,000 for the year ended March 31, 2023, compared to a profit of HKD 37,987,000 in the previous year[90] - The company reported a net loss of HKD 41.0 million compared to a net profit of HKD 38.0 million in the previous year, primarily due to a more challenging business environment[123] Revenue Breakdown - Customer contract revenue for the year was HKD 134,933,000, an increase from HKD 126,719,000 in the previous year, representing a growth of approximately 6.4%[67] - Revenue from machinery sales and related services was HKD 12,814,000, down from HKD 31,638,000, indicating a decline of approximately 59.5%[67] - Property management services generated revenue of HKD 81,920,000, a decrease from HKD 88,543,000, reflecting a decline of about 7.4%[67] - Revenue from construction machinery leasing decreased by approximately HKD 21.8 million or 15.7% to about HKD 116.8 million, attributed to poor market conditions in Hong Kong and mainland China[107] - Revenue from construction machinery trading fell by approximately HKD 18.8 million or 59.5% to about HKD 12.8 million, mainly due to reduced trading demand in the Hong Kong market[109] - Revenue from transportation services decreased by approximately HKD 3.4 million or 54.8% to about HKD 2.8 million, with a strategy to reduce exposure to the transportation business due to anticipated market demand decline[110] - Revenue from property management services decreased by approximately HKD 6.6 million or 7.5% to about HKD 81.9 million, primarily due to management fee discounts offered during the COVID-19 pandemic[111] Assets and Liabilities - The company's non-current assets decreased to HKD 325,701,000 from HKD 245,201,000, reflecting an increase of 32.8%[21] - The company's total liabilities increased to HKD 97,358,000 from HKD 76,473,000, representing a rise of 27.3%[22] - The net asset value of the company decreased to HKD 434,423,000 from HKD 487,922,000, a decline of 10.9%[22] - The group’s borrowings amounted to HKD 26.0 million and lease liabilities were HKD 25.0 million, with a net asset value of zero for the pledged properties, plants, and equipment[131] Financial Standards and Compliance - The adoption of the revised Hong Kong Financial Reporting Standards did not have a significant impact on the group's performance and financial position during the current and prior periods[26] - The group has not early adopted any newly issued Hong Kong Financial Reporting Standards that are effective after January 1, 2023, and expects no significant impact on the consolidated financial statements[33] - The group has complied with all applicable Hong Kong Financial Reporting Standards and the disclosure requirements of the Stock Exchange[41] - The group expects that the adoption of the new standards will not have a significant impact on its financial condition and performance[35] - The group has confirmed that the revised standards regarding the costs of fulfilling contracts did not affect its consolidated financial statements[45] Expenses and Costs - The cost of goods sold was approximately HKD 133,613,000 in 2023, up from HKD 103,664,000 in 2022[8] - Administrative expenses increased by approximately HKD 23.5 million or 63.2% to about HKD 60.7 million, mainly due to increased office rent from the integration of retail business[118] - The total employee cost for the year was approximately HKD 46.0 million, an increase from HKD 44.2 million in the previous year, primarily due to an increase in the number of employees to 380[137] Cash Flow and Investments - The company’s cash and cash equivalents stood at HKD 43,245,000, slightly down from HKD 44,751,000 in the previous year[9] - Capital expenditures for the year amounted to approximately HKD 46.3 million, up from HKD 25.0 million in the previous year, mainly for purchasing properties, factories, and equipment for leasing business[126] - The group purchased and sold property, plant, and equipment totaling approximately HKD 56,933,000 in 2023, compared to HKD 25,366,000 in 2022[91] Governance and Management - The board of directors includes three executive directors and three independent non-executive directors[153] - The company is led by Chairman and Executive Director Mr. Xu Chujia[153] - The board composition reflects a mix of executive and independent oversight[153] - The company emphasizes the importance of board structure and governance in its operations[153]

Revenue Performance - Total revenue decreased by approximately HK$8.6 million, or approximately 6.2%, from approximately HK$137.4 million for the six months ended September 30, 2021, to approximately HK$128.8 million for the current period[33]. - Revenue from leasing of construction machinery decreased by approximately HK$10.6 million, or approximately 14.7%, from approximately HK$72.0 million for the previous period to approximately HK$61.4 million for the current period[34]. - The decrease in total revenue was mainly due to lower income from leasing, trading, and property management businesses, partially offset by an increase in retail business income[33]. - Revenue from construction machinery leasing decreased by approximately HK$10.6 million, or 14.7%, to approximately HK$61.4 million due to reduced construction activities in China[37]. - Revenue from trading of construction machinery fell by approximately HK$13.2 million, or 70.2%, to approximately HK$5.6 million, primarily due to adverse market conditions in Hong Kong[40]. - Revenue from property management services decreased by approximately HK$7.6 million, or 18.2%, to approximately HK$34.3 million, attributed to management fee concessions provided to tenants due to poor retail market conditions in the PRC[42]. - Revenue from property leasing and subletting increased by approximately HK$24.5 million, or 804%, to approximately HK$27.5 million, mainly due to the acquisition of a retail business[43]. - Total revenue for the six months ended September 30, 2022, was HK$128,790,000, a decrease of 6% compared to HK$137,372,000 in 2021[121]. - Revenue from leasing of machinery and related services was HK$61,417,000, down 14.7% from HK$72,003,000 year-over-year[163]. - Sales of machinery and spare parts generated HK$5,592,000, a significant decline of 70.2% compared to HK$18,776,000 in the previous year[163]. - Property management services revenue decreased to HK$34,285,000 from HK$41,917,000, reflecting an 18.2% drop[163]. - Property leasing, subletting, and retail revenue increased to HK$27,496,000, a substantial rise from HK$3,042,000, marking an increase of 804.5%[163]. Financial Performance - Gross profit decreased to HK$17.2 million from HK$58.6 million, with gross profit margin dropping to approximately 13.3% from 42.6% due to poor market conditions and higher costs[49]. - The company reported a net loss of HK$29.4 million for the period, compared to a net profit of HK$38.4 million in the previous period[52]. - Profit from operations was a loss of HK$23,170,000, compared to a profit of HK$46,320,000 in the previous year[121]. - Profit for the period attributable to equity holders of the Company was a loss of HK$29,446,000, compared to a profit of HK$38,372,000 in 2021[123]. - Total comprehensive income for the period was a loss of HK$29,332,000, compared to a gain of HK$40,640,000 in the previous year[123]. - Basic and diluted earnings per share for profit attributable to equity holders was HK(0.47) cents, down from HK0.62 cents in 2021[123]. - The company reported a total segment profit of HK$55,514,000 for the six months ended September 30, 2021, indicating a significant decline in profitability year-over-year[182]. - Segment profit for trading was a loss of HK$8,226,000, while leasing reported a loss of HK$6,962,000, leading to a total segment loss of HK$18,374,000[173]. Expenses and Costs - Selling expenses increased by approximately HK$1.6 million, or 111%, to approximately HK$3.2 million, primarily due to increased staff salaries in the selling department[49]. - Administrative expenses rose by approximately HK$24.5 million, or 164%, to approximately HK$39.5 million, mainly due to higher depreciation expenses from obsolete leasing machineries[49]. - Total cost of sales and services, selling and administrative expenses increased to HK$154,308,000 for the six months ended September 30, 2022, compared to HK$95,295,000 in 2021, representing a growth of 62%[195]. - Staff costs, including directors' emoluments, rose to HK$30,920,000 in 2022 from HK$21,214,000 in 2021, marking an increase of 46%[195]. - Depreciation for owned machinery and equipment significantly increased to HK$52,415,000 in 2022, up from HK$17,469,000 in 2021, reflecting a rise of 200%[195]. - Income tax expenses for the six months ended September 30, 2022, were HK$6,191,000, down from HK$11,580,000 in 2021, indicating a decrease of 47%[199]. Assets and Liabilities - Total assets as of September 30, 2022, were HK$556,847,000, a decrease from HK$613,462,000 as of March 31, 2022[126]. - Total liabilities as of September 30, 2022, amount to HK$116,521, down from HK$125,540 as of March 31, 2022, showing a decrease of approximately 7.5%[130]. - Cash and cash equivalents at the end of the period are HK$41,419, down from HK$111,812 in 2021, representing a decrease of approximately 63.0%[136]. - The company’s reserves decreased from HK$475,587 as of March 31, 2022, to HK$428,270 as of September 30, 2022, a decline of approximately 9.9%[130]. - Current liabilities increased to HK$70,678 as of September 30, 2022, from HK$76,473 in the previous year, indicating a decrease of approximately 7.3%[130]. - Borrowings under current liabilities decreased from HK$9,513 to HK$7,959, a reduction of approximately 16.3%[130]. Strategic Initiatives and Market Conditions - The Group will continue to employ low leverage to navigate challenging market conditions, including higher interest rates and geopolitical tensions[32]. - The overall market conditions in Hong Kong and the PRC were challenging during the period due to various external factors[32]. - The Group is exploring potential opportunities to create long-term value for shareholders despite the current market challenges[32]. - The Group aims to continue its strategic initiatives to enhance its market position and operational efficiency[32]. - The long-term prospect of the Greater Bay Area is expected to remain positive, driven by robust demand from a sizable population and supportive government policies[32]. - The company is focusing on enhancing its property leasing and management services as part of its strategic expansion efforts[164]. Share Capital and Corporate Governance - The total issued share capital of the Company was approximately HK$12.4 million, representing 6,195,000,000 ordinary shares[58]. - As of September 30, 2022, the total number of issued shares was 6,195,000,000[109]. - Boardwin Resources Limited beneficially owned 3,804,096,000 shares, representing approximately 61.41% of the issued share capital of the Company[116]. - The Board does not recommend the payment of any interim dividend to shareholders for the period[94]. - The Audit Committee comprises three independent non-executive Directors as of the date of approval of the interim report[101]. - The unaudited interim condensed consolidated financial statements have been reviewed by the Audit Committee[101].