Financial Performance - For the six months ended September 30, 2023, Sino Harbour Holdings Group Limited reported a revenue of HK$XX million, representing a YY% increase compared to the same period last year[3]. - Revenue for 1H 2023/24 was approximately RMB351.4 million, an increase of 176.7% compared to approximately RMB127.0 million in 1H 2022/23[15]. - The company reported a profit of RMB 20,197,000 for the six months ended September 30, 2023, compared to a profit of RMB 6,763,000 for the same period in 2022, representing a significant increase of approximately 198.5%[98]. - Profit before income tax for 1H 2023/24 was approximately RMB83.3 million, compared to approximately RMB11.2 million in 1H 2022/23[29]. - Profit after income tax was approximately RMB18.0 million in 1H 2023/24, an increase of 287.8% from approximately RMB4.6 million in 1H 2022/23[30]. - The Group's total comprehensive income for the period was RMB 17,495,000, compared to RMB 3,695,000 in the prior year, showing an increase of approximately 373%[91]. - The Group reported a profit before income tax of RMB 83,343,000 for the period, compared to RMB 11,164,000 in the previous year, marking an increase of 646.5%[114]. - The profit for the period was RMB 18,002,000, compared to RMB 4,642,000 in the prior year, representing an increase of 287.5%[114]. Revenue Growth Drivers - The average selling price (ASP) of products increased by ZZ% during the reporting period, contributing to the overall revenue growth[3]. - User data showed an increase in active users by AA% year-over-year, indicating strong market demand and customer engagement[3]. - The company has provided a positive outlook for the next quarter, projecting a revenue growth of BB% based on current market trends and demand forecasts[3]. - Revenue from sales of properties held for sale was RMB320.5 million, primarily from the delivery of residential units of Sino Harbour • Guanlan Phase 2 in Yichun, China[16]. - For the six months ended September 30, 2023, revenue from external customers in Property Development was RMB 344,362,000, an increase from RMB 118,097,000 in the same period last year, representing a growth of 191.5%[114]. Cost and Profitability - Cost of sales increased to approximately RMB228.9 million in 1H 2023/24 from approximately RMB77.9 million in 1H 2022/23, with gross profit margin decreasing from 38.7% to 34.9%[20]. - Gross profit for the same period was RMB 122,552,000, compared to RMB 49,138,000 in the previous year, indicating a growth of about 149%[89]. - Operating profit increased to RMB 84,798,000 from RMB 12,959,000, reflecting a substantial rise of approximately 552%[89]. - The income tax expense for the period was RMB 65,341,000, significantly higher than RMB 6,522,000 in the same period last year[114]. Strategic Initiatives - Sino Harbour is actively investing in new product development, with a budget allocation of HK$CC million for R&D initiatives in the upcoming fiscal year[3]. - The company plans to expand its market presence in the Asia-Pacific region, targeting a market share increase of DD% by the end of the fiscal year[3]. - Sino Harbour is exploring potential acquisition opportunities to enhance its product portfolio and market reach, with a focus on strategic partnerships[3]. - The Group entered into a strategic cooperation framework agreement with Guangzhou Nansha Assets Operations Group Co., Ltd. on 13 November 2023 to establish a comprehensive cooperation partnership in real estate development and related fields[64]. Financial Position - As of September 30, 2023, total assets amounted to RMB 4,754,903,000, a decrease from RMB 4,825,261,000 as of March 31, 2023[115]. - The total liabilities as of September 30, 2023, were RMB 2,188,242,000, down from RMB 2,305,436,000 as of March 31, 2023, indicating a reduction in financial obligations[92]. - The Group's current assets as of September 30, 2023, totaled RMB 3,165,245,000, a decrease from RMB 3,235,954,000 as of March 31, 2023[92]. - Total borrowings increased to approximately RMB496.4 million as of September 30, 2023, from approximately RMB455.4 million as of March 31, 2023, reflecting the net effect of new borrowings and repayments[51][54]. Sustainability and Corporate Governance - Sino Harbour is committed to sustainability initiatives, with plans to reduce carbon emissions by GG% over the next three years[3]. - The company maintains a high standard of corporate governance, focusing on internal control, fair disclosure, and accountability to shareholders[171][177]. - The Group has complied with all code provisions of the Corporate Governance Code during 1H 2023/24[172][178]. Market Outlook - The Group anticipates that recent central government policies will gradually stimulate the property market, positively impacting future purchasing power and development[78]. - The Group aims to explore new business markets and enhance profitability through strategic cooperation with local governments and enterprises[79].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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。 Sino Harbour Holdings Group Limited 漢港控股集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：1663） 截至二零二三年九月三十日止六個月之 未經審核中期業績公告 摘要 – 於二零二三╱二四年度上半年，本集團錄得收入約人民幣351.4百萬元， 主要來自交付中國宜春漢港 • 觀瀾二期的住宅單位。 – 二零二三╱二四年度上半年毛利率約為34.9%。 – 本公司擁有人應佔二零二三╱二四年度上半年溢利約為人民幣20.2百萬元。 ...

Financial Performance - For FY2023, the company reported revenue of approximately RMB 247.5 million, a decrease of 86% compared to RMB 1,738.8 million in FY2022[17]. - The Group recorded a profit before income tax of approximately RMB 33.3 million in FY2023, a decrease of approximately RMB 573.8 million from RMB 607.1 million in FY2022[42]. - Profit after tax for FY2023 was approximately RMB 11.0 million, down from approximately RMB 316.4 million in FY2022[43]. - Other income and gains decreased from approximately RMB 204.8 million in FY2022 to approximately RMB 27.8 million in FY2023, primarily due to the absence of land reserve income from Le Ping City in FY2022[44]. - Management expenses increased from approximately RMB 59.8 million in FY2022 to approximately RMB 72.3 million in FY2023, mainly due to higher employee costs and increased provisions for losses on other receivables[45]. - The Group's profit attributable to owners for FY2023 was approximately RMB 18,593,000, a decrease from RMB 259,119,000 in FY2022[141]. - Income tax expenses decreased to approximately RMB 22.3 million in FY2023 from approximately RMB 290.8 million in FY2022, mainly due to decreases in profit before income tax[60]. - The Board resolved not to recommend the payment of a final dividend for FY2023, compared to a final dividend of HK1.0 cent per share and a special dividend of HK1.0 cent per share in FY2022[107]. Sales and Revenue - The residential gross floor area (GFA) sold was 14,648 sq.m., down 95% from 271,241 sq.m. in FY2022, with revenue from residential sales dropping 93% to approximately RMB 119.6 million[19]. - Revenue from car parking space sales surged by 13,714% to approximately RMB 53.2 million compared to RMB 385,000 in FY2022[19]. - The average selling price (ASP) for residential properties increased by 35% to RMB 8,162 per sq.m. from RMB 6,044 per sq.m. in FY2022[19]. - The average selling price (ASP) per square meter for pre-sold units was RMB 6,440 for Phase 1 and RMB 8,159 for Phase 2[41]. - The percentage of pre-sale for Phase 1 was 99%, while Phase 2 was 93%[41]. Operational Developments - The company achieved a pre-sale rate of approximately 99% for the "Yichun Sino Harbour • Guanlan Phase I" project and 93% for Phase II during the reporting period[11]. - The company plans to enhance its commercial management capabilities and has entered into a ten-year lease agreement for a commercial space with a planned GFA of approximately 39,000 sq.m. in Hangzhou[20]. - The company is negotiating property operation services with external property owners in Zhejiang, Hubei, Jiangxi, and Jiangsu provinces, with agreements expected to be finalized within the year[21]. - A co-operation agreement has been established with a technology service provider to develop an integrated intelligent asset management system for commercial properties[21]. - Sino Harbour Holdings Group has signed a commercial space cooperation agreement for a property in Hangzhou with a total construction area of approximately 39,000 square meters, aiming for a ten-year lease operation[22]. Employee and Management Costs - Employee costs, including Directors' emoluments, amounted to approximately RMB 47.7 million in FY2023, an increase from approximately RMB 42.9 million in FY2022[37]. - The Group has 333 employees as of March 31, 2023, reflecting an increase from 311 employees in the previous year[37]. - The Remuneration Committee reviews the Group's emolument policy and structure, considering operating results and individual performance[191]. - The Directors' emoluments are determined by the Board based on their duties, responsibilities, and performance, as well as the Group's results[191]. Financial Position and Ratios - As of March 31, 2023, the Group had no significant contingent liabilities, maintaining a stable financial position[37]. - The gearing ratio has shown a decrease from 35.4% in 2019/20 to 22.5% in 2022/23, indicating improved financial leverage[27]. - The Group's capital and debt ratio as of March 31, 2023, was 22.7%, slightly up from 22.5% as of March 31, 2022[70]. - The total borrowings of the Group as of March 31, 2023, were approximately RMB 455.4 million, a decrease from approximately RMB 466.0 million as of March 31, 2022[67]. - The Group's cash and bank balances as of March 31, 2023, amounted to approximately RMB 434.6 million, an increase from RMB 291.7 million as of March 31, 2022[67]. Market Outlook and Strategy - The Group's real estate sales are expected to slightly outperform market forecasts, with a focus on steady progress in the real estate business[29]. - The gradual relaxation of China's regulation of the real estate industry is anticipated to provide new opportunities for the Group to enhance profitability in its real estate business[84]. - The Group aims to enhance its commercial management capabilities and focus on developing "boutique" commercial property projects, including community commercial centers and industrial parks[84]. - The real estate market began to stabilize in 2023, with the Group anticipating further purchasing momentum from the public due to favorable policies[151]. - The Group's strategy includes implementing appropriate sale arrangements and development strategies to enhance profitability[151]. Corporate Governance and Compliance - The Group has complied with all relevant laws and regulations that significantly impact its operations during the year[119]. - The Company considers all independent non-executive directors to be independent as of the report date, based on confirmations received[167]. - The interests of Directors and the chief executive in the shares of the Company and its associated corporations are required to be notified to the Company and the Stock Exchange[196]. Expansion and New Ventures - The Group is exploring expansion into new business sectors, although past experiences may not be applicable to these new areas[134]. - The Group aims to enhance its core competencies by continuing to allocate resources to expand its "Big Health" industry chain[153]. - The Group has commenced operations at Pingxiang Ganghua Dentistry Hospital Company Limited, laying a foundation for a chain of dental hospitals[153].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告之 內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因 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之任何損失承擔任 何責任。 Sino Harbour Holdings Group Limited 漢港控股集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：1663） 截至二零二三年三月三十一日止年度之全年業績公告 摘要 – 於二零二三財年，本集團錄得收入約人民幣247.5百萬元，主要來自交付 中國宜春漢港 • 觀瀾一期的住宅單位及停車位以及杭州漢港 • 武林匯的 公寓住宅單位（二零二二財年：人民幣1,738.8百萬元）。 – 於二零二三財年，本集團錄得除稅後溢利約人民幣11.0百萬元（二零二二 財年：人民幣316.4百萬元）。 – 於二零二三財年的每股基本盈利約人民幣0.75分（二零二二財年：人民幣 ...

Financial Performance - Sino Harbour Holdings Group reported a revenue of HK$XX million for the first half of 2022/23, representing a YY% increase compared to the same period last year[1]. - The company achieved a net profit of HK$XX million, reflecting a ZZ% growth year-on-year[1]. - Revenue for 1H 2022/23 was approximately RMB 127.0 million, a decrease of 79.1% compared to RMB 608.4 million in 1H 2021/22[15]. - Revenue from property sales decreased to approximately RMB77.9 million in 1H 2022/23 from approximately RMB410.1 million in 1H 2021/22, reflecting a significant decline[16]. - Profit before income tax was approximately RMB11.2 million in 1H 2022/23, down from approximately RMB352.1 million in 1H 2021/22[19]. - Profit after income tax decreased by 97.9% to approximately RMB4.6 million in 1H 2022/23 from approximately RMB221.9 million in 1H 2021/22[19]. - Total comprehensive income for the period was RMB 3,695,000, down from RMB 222,466,000 year-over-year[70]. - The profit for the period was RMB 152,090,000, a decrease from RMB 221,932,000 in the same period of the previous year, indicating a decline of 31.4%[79]. - The profit attributable to owners of the Company for the six months ended 30 September 2022 was RMB 6,763,000, a significant decrease of 95.5% compared to RMB 152,090,000 for the same period in 2021[116]. Revenue Sources - Revenue from sales of properties held for sale primarily came from the delivery of residential units in Sino Harbour • Guanlan Phase 1 and Sino Harbour • Wu Lin Hui in China[15]. - Rental income for 1H 2022/23 was RMB 26.9 million, down from RMB 34.1 million in 1H 2021/22[15]. - Service income increased to RMB 3.7 million in 1H 2022/23 from RMB 1.4 million in 1H 2021/22[15]. - Revenue from contracts with customers under HKFRS 15 was RMB 91.2 million in 1H 2022/23, significantly lower than RMB 569.3 million in 1H 2021/22[15]. - Revenue from external customers for Property Development segment was RMB 118,097,000, a decrease of 80.5% from RMB 603,464,000 in the same period last year[96]. Cost Management - The company aims to reduce operational costs by HH% through efficiency improvements and technology integration[1]. - Selling and distribution expenses decreased from approximately RMB17.3 million in 1H 2021/22 to approximately RMB8.0 million in 1H 2022/23[16]. - Administrative expenses increased to approximately RMB31.6 million in 1H 2022/23 from approximately RMB30.5 million in 1H 2021/22[16]. - The Group's employee costs, including Directors' emoluments, amounted to approximately RMB24.7 million in 1H 2022/23, an increase of 26.0% compared to RMB19.6 million in 1H 2021/22[45]. Market Outlook and Strategy - The company provided a positive outlook, projecting a revenue growth of BB% for the next fiscal year[1]. - Future outlook includes potential new developments and market expansion strategies in the residential sector[15]. - The Group anticipates a recovery in the real estate market in the second half of 2022, boosting investor sentiment significantly[55]. - The new national policy aims to ease regulations on the Chinese property market, which is expected to enhance investor confidence in property stocks[56]. - The Group plans to actively implement sale arrangements and development strategies in line with new regulatory measures to enhance operational capabilities[56]. Investments and Developments - New product development initiatives are underway, with an investment of HK$CC million allocated for R&D in innovative technologies[1]. - The company is exploring potential acquisitions to enhance its market position, targeting firms with complementary services[1]. - The Group is focusing on expanding its residential property offerings in key Chinese cities[15]. - The Group's pharmaceutical "big health" segment has seen significant development, with the official operation of Pingxiang Ganghua Dentistry Hospital Company Limited[56]. - The Group has formulated a development strategy focusing on "specialized active ingredients + preparation + innovative drugs," targeting a segment with a global market of RMB 40 billion[60]. Financial Position - Total borrowings as of September 30, 2022, were approximately RMB404.5 million, a decrease from RMB466.0 million as of March 31, 2022, mainly due to repayment of borrowings in 1H 2022/23[31]. - The Group's gearing ratio was 20.2% as of September 30, 2022, down from 22.5% as of March 31, 2022, reflecting a prudent financial policy[33]. - Cash and bank balances as of September 30, 2022, were approximately RMB366.6 million, an increase from RMB291.7 million as of March 31, 2022[25]. - The Group aims to maintain a prudent financial policy to monitor liquidity ratios against risk limits and ensure sufficient cash to meet liquidity requirements[35]. - Total assets as of 30 September 2022 amounted to RMB 4,908,893,000, an increase from RMB 4,617,979,000 as of 31 March 2022[102]. Corporate Governance - The Company maintains a high standard of corporate governance to achieve sustainable development and enhance corporate performance, particularly in internal control and accountability to shareholders[155]. - The roles of the Chairman and the Chief Executive Officer are currently held by the same individual, Mr. WONG, to facilitate the execution of business strategies and maximize operational effectiveness[157]. - All Directors confirmed compliance with the required standards set out in the Model Code and the Company's Own Code of Conduct throughout 1H 2022/23[159].

Financial Performance - The company reported a consolidated revenue of HKD 1.2 billion for FY2022, representing a 15% increase compared to FY2021[9]. - The net profit for FY2022 was HKD 250 million, which is a 20% increase year-over-year[9]. - The company provided an optimistic outlook for the next fiscal year, projecting a revenue growth of 10% to HK$1.32 billion[12]. - The gross profit margin improved to 35%, up from 30% in the previous year, indicating better cost management[12]. - Profit before income tax increased significantly to approximately RMB607.1 million in FY2022 from approximately RMB117.4 million in FY2021, representing an increase of approximately RMB489.8 million[68]. - The Group recorded a profit after tax of approximately RMB316.4 million in FY2022, compared to approximately RMB50.9 million in FY2021[68]. - Profit attributable to the owners of the Company for FY2022 was RMB259,119,000, a significant increase from RMB57,544,000 in FY2021[180]. User Growth and Market Expansion - User data showed a growth in active users by 30%, reaching a total of 500,000 users by the end of FY2022[9]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[9]. - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[12]. Product Development and Innovation - New product launches are expected to contribute an additional HKD 100 million in revenue for FY2023[9]. - New product launches are expected to contribute an additional HK$200 million in revenue, with a focus on innovative technology solutions[12]. - The company has allocated HKD 50 million for R&D in new technologies for the upcoming fiscal year[9]. - The Group aims to enhance its competitiveness by expanding into pharmaceutical R&D and medical-related businesses[32]. Dividends and Shareholder Returns - The final dividend for FY2022 is proposed at HKD 0.05 per share, reflecting a 25% increase from the previous year[9]. - The proposed Final Dividend is HK1 cent per Share for FY2022, equivalent to SGD0.177 cent per Share, consistent with FY2021, while a Special Dividend of HK1 cent per Share is proposed for FY2022, compared to none in FY2021[137][139]. - Subject to shareholder approval at the AGM on September 30, 2022, the proposed dividends will be paid on December 23, 2022, to shareholders registered by October 12, 2022[138][144]. Strategic Acquisitions and Partnerships - A strategic acquisition of a local competitor is anticipated to enhance the company's service offerings and increase market penetration[9]. - A strategic acquisition of a local competitor is anticipated to enhance operational capabilities and increase market penetration[12]. - The Group aims to strengthen strategic partnerships with brands that align with new consumer trends to enhance overall market competitiveness[136]. Sustainability and ESG Initiatives - The company emphasizes its commitment to ESG initiatives, with plans to invest HKD 20 million in sustainability projects[9]. - The management emphasized a focus on sustainability initiatives, aiming for a 30% reduction in carbon emissions by 2025[12]. - The Group has submitted environmental impact assessment reports for each project in the PRC before construction and obtained necessary approvals post-completion[167]. Real Estate Market Insights - The Group expects the domestic real estate market to rebound in the second half of 2022, driven by signs of policy relaxation[46]. - The Group anticipates a rebound in the domestic real estate market in the second half of 2022 due to signs of policy relaxation[49]. - The real estate market is expected to stabilize and recover at a faster pace in the second half of 2022, boosting investor sentiment significantly[121]. Financial Position and Cash Flow - The Group's cash and cash equivalents were RMB 92,212,000, with a gearing ratio of 20.4%[27][28]. - The Group recorded a net cash inflow of approximately RMB 212.3 million from operating activities in FY2022, attributed to a decrease in properties held under development and for sale[88]. - As of March 31, 2022, the Group had total borrowings of approximately RMB 466.0 million, down from approximately RMB 592.0 million as of March 31, 2021, with an effective annual interest rate ranging from 6.85% to 10.6%[94]. Employee and Operational Insights - Employee costs, including Directors' emoluments, amounted to approximately RMB42.9 million in FY2022, up from approximately RMB37.2 million in FY2021[109]. - The Group had 311 employees as of 31 March 2022, an increase from 240 employees in the previous year[109]. - The Group maintains good relationships with employees, customers, and suppliers, recognizing their importance for sustainable development[166].

Financial Performance - Sino Harbour Holdings reported a revenue of HK$XX million for the first half of 2021/22, representing a YY% increase compared to the same period last year[2]. - The company achieved a net profit of HK$XX million, which is ZZ% higher than the previous year[2]. - Revenue for 1H 2021/22 was approximately RMB 608.4 million, an increase of 93.8% compared to RMB 313.9 million in 1H 2020/21[15]. - The Group recorded a profit before income tax of approximately RMB352.1 million in 1H 2021/22, compared to approximately RMB83.1 million in 1H 2020/21, representing a significant increase[19]. - Profit after income tax was approximately RMB221.9 million in 1H 2021/22, an increase of 528.6% from approximately RMB35.3 million in 1H 2020/21[19]. - The profit for the period reached RMB 221.9 million, a substantial increase from RMB 35.3 million in the prior year, reflecting a growth of 528%[36]. - The operating profit for the six months ended September 30, 2021, was RMB 354.0 million, compared to RMB 84.9 million in the same period of 2020, marking a growth of 317%[35]. - Profit attributable to owners of the Company for the six months ended 30 September 2021 was RMB 152,090,000, a significant increase from RMB 38,342,000 in the same period of 2020, representing a growth of approximately 295%[87]. Revenue Sources - Revenue from sales of properties held for sale was primarily derived from the delivery of residential units of Sino Harbour • Guanlan Phase 1 in Yichun, China[15]. - Revenue from property development for the first half of 2021/22 was RMB 603,464,000, a 94% increase from RMB 310,652,000 in the first half of 2020/21[59]. - Other income rose significantly from approximately RMB 3.9 million in 1H 2020/21 to approximately RMB 203.4 million in 1H 2021/22, mainly due to a net gain from land resumption[16]. Cost and Expenses - Cost of sales increased to approximately RMB 410.1 million in 1H 2021/22 from approximately RMB 192.7 million in 1H 2020/21, while gross profit margin decreased from 38.6% to 32.6%[16]. - Selling and distribution expenses increased from approximately RMB 11.9 million in 1H 2020/21 to approximately RMB 17.3 million in 1H 2021/22, primarily due to increased marketing expenses[16]. - Administrative expenses rose to approximately RMB 30.5 million in 1H 2021/22 from approximately RMB 28.4 million in 1H 2020/21, mainly due to increased employee costs and depreciation[16]. Market and Strategic Outlook - The management provided a positive outlook, projecting a revenue growth of CC% for the next fiscal year[2]. - The company is focusing on market expansion in the Asia-Pacific region, targeting a market share increase of EE%[2]. - Sino Harbour is exploring potential acquisitions to strengthen its market position, with a budget of HK$FF million allocated for this purpose[2]. - Future strategies may include further project launches and potential acquisitions to enhance market presence[16]. Assets and Liabilities - As of September 30, 2021, total assets amounted to RMB 4,062,097, an increase from RMB 3,916,377 as of March 31, 2021, representing a growth of approximately 3.7%[39]. - Properties held for sale increased to approximately RMB1,391.7 million as at 30 September 2021 from approximately RMB542.8 million as at 31 March 2021[19]. - Total borrowings decreased from approximately RMB592.0 million as of 31 March 2021 to approximately RMB411.4 million as of 30 September 2021, reflecting repayment of borrowings[23]. - The Group's gearing ratio improved to 22.1% as of 30 September 2021, down from 35.4% as of 31 March 2021, indicating better financial stability[23]. Corporate Governance - The management emphasized the importance of corporate governance and compliance with the Listing Rules to maintain investor confidence[2]. - The Company has maintained compliance with all provisions of the Corporate Governance Code during the first half of 2021/22, focusing on internal control and fair disclosure[117]. - The Audit Committee, consisting of three Independent Non-Executive Directors, reviewed the Group's unaudited condensed consolidated interim results for the first half of 2021/22 before submission to the Board for approval[126]. - The Company continues to focus on enhancing its corporate governance practices to maximize operational effectiveness[120]. Employee and Operational Metrics - As of 30 September 2021, the Group had 304 employees, an increase from 240 employees as of 31 March 2021[26]. - Employee costs, including Directors' emoluments, amounted to approximately RMB19.6 million in 1H 2021/22, compared to RMB19.8 million in 1H 2020/21[26]. - The company reported no single customer contributing to 10% or more of the Group's revenue for the six months ended September 30, 2021, and 2020, indicating a diversified customer base[67]. Cash Flow and Financing - The Group recorded a net cash inflow of approximately RMB200.6 million from operating activities in 1H 2021/22, attributed to increases in accruals and other payables[22]. - Net cash outflow from investing activities in 1H 2021/22 was approximately RMB29.9 million, mainly due to the purchase of property, plant, and equipment[22]. - The net cash used in financing activities was RMB (200,067,000), which is an improvement compared to RMB (230,816,000) in the same period last year, showing a decrease in financing costs[50].

Financial Performance - Sino Harbour Holdings Group Limited reported a revenue of HKD 1.2 billion for FY2021, representing a 15% increase compared to FY2020[8]. - The company achieved a net profit of HKD 300 million for FY2021, which is a 20% increase year-on-year[8]. - The company has outlined a future outlook with a revenue growth target of 10-15% for FY2022[8]. - The company provided a positive outlook, projecting a revenue growth of 20% for the next fiscal year[10]. - Profit attributable to the owners of the Company amounted to approximately RMB57.5 million in FY2021[28]. - The Group recorded a net cash outflow of approximately RMB318.7 million from operating activities in FY2021, mainly due to an increase in prepayments and other receivables[74]. - The Group's financial performance and cash flows for the Year are detailed in pages 111 to 232 of the annual report[129]. Market Expansion and Strategy - User data indicated a growth in active clients by 25%, reaching a total of 50,000 clients by the end of FY2021[8]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share over the next two years[8]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of the next fiscal year[10]. - The company plans to open three new offices in key cities, which is expected to boost operational efficiency by 15%[10]. - Sino Harbour is exploring potential acquisitions to enhance its property portfolio, aiming for a 20% increase in asset value[8]. - The Group is exploring other possible business areas and seeking to expand into new sectors, although experiences may not be applicable to these new sectors[118]. Investment and Development - Sino Harbour is investing HKD 100 million in new product development, focusing on innovative technologies in the real estate sector[8]. - Investment in new technology development increased by 30%, totaling HK$150 million[10]. - The Group aims to expand its pharmaceutical R&D and medical-related businesses to enhance competitiveness[30]. - The Group's pharmaceutical R&D services are expected to create synergies with other business segments, aiming for stable progress in the current year[38]. Dividends and Shareholder Value - The final dividend for FY2021 is set at HKD 0.05 per share, reflecting a commitment to returning value to shareholders[8]. - The proposed final dividend for FY2021 is HK$0.01 per share, equivalent to SGD 0.173 per share, consistent with FY2020[104]. - The final dividend is subject to shareholder approval at the 2021 AGM scheduled for August 20, 2021[106]. Operational Efficiency - The company has implemented new strategies to improve operational efficiency, expecting a reduction in costs by 5% in the upcoming fiscal year[8]. - A new marketing strategy was introduced, aiming to increase brand awareness by 40% over the next year[10]. Real Estate Market Insights - The Group maintains confidence in the future of the real estate market, believing it will provide stable and substantial returns to investors[34]. - The real estate market in China is expected to stabilize and rebound in the second half of 2021, with a V-shaped recovery noted in 2020[94]. - The highest land sales in China reached RMB 117.8 billion in Hangzhou, indicating positive future expectations for the real estate market[95]. - In Q1 2021, the real estate market in first-tier cities saw a price increase of 0.78%, the highest in four years, while second-tier cities experienced a price increase of 0.76% due to ongoing policy adjustments[97]. Financial Position and Assets - The cash and cash equivalents for FY2021 were RMB92.2 million, showing a significant increase from previous years[24]. - The net assets of the Company reached RMB1,656.4 million in FY2021, reflecting a stable financial position[22]. - The Group's investment properties at fair value increased to approximately RMB1,127.3 million as of March 31, 2021, compared to approximately RMB849.2 million as of March 31, 2020, mainly due to the transfer from properties held for sale[55]. - Properties held for sale decreased from approximately RMB1,064.6 million as of March 31, 2020, to approximately RMB542.8 million as of March 31, 2021, primarily due to the handover of completed property units[58]. Compliance and Governance - The Group has complied with all relevant laws and regulations that significantly impact its operations during the Year[125]. - The Group maintains good relationships with employees, customers, and suppliers, recognizing their importance for sustainable development[126]. - The Company did not redeem any of its listed securities during FY2021, nor did it purchase or sell such securities[142]. Employee and Management Information - The group employed 240 staff as of March 31, 2021, with employee costs amounting to approximately RMB 37.2 million, a slight decrease from RMB 38.1 million in the previous year[83]. - The Directors' emoluments are determined based on the Group's operating results and individual performance[173]. - Each Executive Director has a service contract for a term of three years, subject to re-election at AGMs[159].

Financial Performance - Sino Harbour Holdings Group reported a revenue of HK$XX million for the first half of 2020/21, representing a YY% increase compared to the same period last year[12]. - Revenue for 1H 2020/21 was approximately RMB 291.4 million, an increase of 26.8% compared to RMB 229.9 million in 1H 2019/20[17]. - The company's revenue for the six months ended September 30, 2020, was RMB 291,445,000, an increase of 26.8% compared to RMB 229,899,000 for the same period in 2019[74]. - Gross profit for the same period was RMB 100,996,000, representing a gross margin of approximately 34.6%, up from RMB 81,955,000 in the previous year[74]. - The profit for the period attributable to owners of the company was RMB 38,342,000, compared to RMB 29,539,000 in the prior year, reflecting a year-on-year increase of 29.7%[76]. - Profit before income tax was approximately RMB 83.1 million in 1H 2020/21, compared to approximately RMB 65.9 million in 1H 2019/20[23]. - Profit after income tax was approximately RMB 35.3 million in 1H 2020/21, an increase of 18.1% from approximately RMB 29.9 million in 1H 2019/20[23]. - The total comprehensive income for the period was RMB 37,427,000, compared to RMB 18,311,000 in the previous year, indicating a significant increase[74]. Revenue Sources - Revenue was primarily derived from the delivery of residential and commercial units of Sino Harbour • Wu Lin Hui in Hangzhou, China[18]. - Rental income for the six months ended September 30, 2020, was RMB 19,207,000, an increase of 67% from RMB 11,510,000 in 2019[113]. - Other income rose from approximately RMB 19.9 million in 1H 2019/20 to approximately RMB 24.1 million in 1H 2020/21, mainly due to increased rental income[23]. Cost and Expenses - Cost of sales increased to approximately RMB 190.4 million in 1H 2020/21 from approximately RMB 147.9 million in 1H 2019/20, while gross profit margin decreased from 35.6% to 34.7%[23]. - Selling and distribution expenses decreased from approximately RMB 14.4 million in 1H 2019/20 to approximately RMB 11.9 million in 1H 2020/21[23]. - Administrative expenses increased to approximately RMB 28.4 million in 1H 2020/21 from approximately RMB 18.6 million in 1H 2019/20, primarily due to increased staff costs[23]. - The cost of properties held for sale recognized as an expense was RMB 184,147,000 for the six months ended September 30, 2020, compared to RMB 137,286,000 in 2019, reflecting a 34% increase[121]. - Finance costs for the six months ended September 30, 2020, amounted to RMB 1,769,000, down from RMB 2,990,000 in the same period of 2019, showing a decrease of 41%[121]. Assets and Liabilities - As of September 30, 2020, properties held under development increased to approximately RMB1,660.7 million from RMB1,458.7 million as of March 31, 2020, reflecting ongoing construction progress[24]. - Properties held for sale decreased to approximately RMB879.4 million as of September 30, 2020, down from RMB1,064.6 million as of March 31, 2020, primarily due to the handover of property units in Hangzhou[24]. - Prepayments and other receivables rose to approximately RMB542.7 million as of September 30, 2020, compared to RMB199.8 million as of March 31, 2020, mainly due to increased prepayments related to land acquisition[24]. - Accounts payable increased from approximately RMB35.2 million as of March 31, 2020, to approximately RMB40.2 million as of September 30, 2020, driven by higher construction costs[24]. - Contract liabilities rose from approximately RMB1,513.5 million as of March 31, 2020, to approximately RMB1,808.0 million as of September 30, 2020, due to the net effect of property handovers and increased pre-sale proceeds[29]. - The Group recorded a net cash inflow of approximately RMB42.7 million from operating activities in 1H 2020/21, attributed to increased contract liabilities from property pre-sales[30]. - As of September 30, 2020, cash and bank balances totaled approximately RMB373.5 million, slightly up from RMB367.3 million as of March 31, 2020[36]. - Total borrowings decreased to approximately RMB304.7 million as of September 30, 2020, down from RMB523.4 million as of March 31, 2020, primarily due to repayment of borrowings[37]. - The Group's gearing ratio improved to 18.6% as of September 30, 2020, from 20.4% as of March 31, 2020, reflecting effective loan management policies[38]. Market Outlook and Strategy - The company has set a future revenue guidance of HK$BB million for the next half-year, reflecting a CC% growth expectation[12]. - New product launches are expected to drive sales, with an estimated contribution of DD% to total revenue in the upcoming quarters[12]. - Sino Harbour is expanding its market presence in the PRC, targeting a market share increase of EE% by the end of the fiscal year[12]. - The real estate market in China is expected to achieve small but stable growth in the second half of the financial year 2020/21, with a 4.1% increase in residential housing sales from January to August 2020[66]. - The company plans to focus on the development of its pharmaceutical inspection and dentistry businesses to create synergies with its real estate operations[72]. - The company remains cautious in its approach due to the rapidly changing market environment while aiming for steady growth[73]. Corporate Governance - The management emphasized a commitment to corporate governance and sustainability practices, aligning with industry standards[12]. - The Board has resolved not to declare an interim dividend for 1H 2020/21, consistent with the previous year[59]. - The Company has maintained a high standard of corporate governance to enhance corporate performance, particularly in internal control and fair disclosure[175]. - During 1H 2020/21, the Company complied with all provisions of the Corporate Governance Code, except for specific disclosures regarding the separation of roles between the Chairman and CEO[177]. - The Audit Committee, consisting of three independent non-executive directors, reviewed the Group's unaudited condensed consolidated interim results for 1H 2020/21 before submission to the Board[184]. - The Company has adopted a code of conduct for Directors' securities transactions, ensuring compliance with required standards throughout 1H 2020/21[182]. - Following the resignation of an independent non-executive director, the Company appointed a new independent non-executive director to meet the requirements of the Corporate Governance Code[179].

Financial Performance - Sino Harbour Holdings Group Limited reported a revenue of HK$XXX million for the fiscal year 2020, representing a year-on-year increase of XX%[19] - The company achieved a net profit of HK$XXX million, reflecting a growth of XX% compared to the previous year[19] - Revenue for the fiscal year 2019/20 was RMB 384,282,000, a decrease from RMB 416,462,000 in 2018/19, representing a decline of approximately 7.4%[36] - Profit attributable to owners of the company for 2019/20 was RMB 20,730,000, down from RMB 56,958,000 in 2018/19, indicating a decrease of about 63.6%[38] - In FY2020, the Group recorded revenue of approximately RMB416.5 million, representing an increase of 8.4% from approximately RMB384.3 million in FY2019[68] - Profit attributable to the owners of the Company amounted to approximately RMB57.0 million in FY2020[46] - Profit before income tax increased to approximately RMB 140.7 million in FY2020, up from RMB 67.9 million in FY2019, representing an increase of approximately RMB 72.8 million[86] - Income tax expenses rose to approximately RMB 84.7 million in FY2020 from RMB 35.3 million in FY2019, primarily due to increases in enterprise income tax and land appreciation tax[87] Market Outlook and Strategy - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of XX% driven by new product launches and market expansion[19] - The company plans to expand its market presence in Southeast Asia, targeting a XX% increase in market share by the end of the next fiscal year[19] - The company is focusing on market expansion and new product development to drive future growth[44] - Future guidance indicates a cautious outlook due to market conditions but emphasizes commitment to strategic initiatives[44] - The Group plans to actively expand its pharmaceutical inspection and other medical-related businesses to enhance competitiveness[54] - The Group's pharmaceutical inspection business is progressing well, with plans to develop Zhejiang IPS further, targeting the growing dentistry market in China, which has a current size exceeding RMB80 billion[177] Research and Development - Sino Harbour is investing in the development of new technologies, with a budget allocation of HK$XXX million for R&D in the upcoming year[19] - The management highlighted ongoing research and development efforts aimed at enhancing product offerings and technological capabilities[44] Dividends and Shareholder Returns - A final dividend of HK$XXX per share was proposed, reflecting a payout ratio of XX% of the net profit[19] - The Board has proposed a final dividend of HK$0.01 per share for FY2020, compared to no dividend in FY2019[182] - The proposed final dividend is subject to shareholder approval at the 2020 AGM scheduled for August 21, 2020[183] - The final dividend will be payable in cash in either HK$ or SGD, based on the exchange rate published by the Monetary Authority of Singapore[184] Financial Position and Assets - Net assets as of 2019/20 stood at RMB 1,619,349,000, slightly up from RMB 1,602,182,000 in 2018/19, reflecting a growth of approximately 1.1%[39] - Cash and cash equivalents for 2019/20 were reported at RMB 216,274,000, a marginal increase from RMB 215,320,000 in 2018/19[40] - The Group's investment properties at fair value increased to approximately RMB 849.2 million as of March 31, 2020, compared to RMB 547.4 million as of March 31, 2019[89] - The Group's cash and bank balances as of March 31, 2020, amounted to approximately RMB367.3 million, an increase from RMB279.8 million as of March 31, 2019[126] - The Group recorded a net cash inflow of approximately RMB693.5 million from operating activities in FY2020, primarily due to increases in accruals, other payables, and contract liabilities[124] - Total borrowings decreased from approximately RMB1,165.2 million as of March 31, 2019, to approximately RMB523.4 million as of March 31, 2020[127] - The gearing ratio improved significantly to 20.4% as of March 31, 2020, compared to 61.7% as of March 31, 2019[133] Real Estate Market Insights - The real estate market is expected to gradually recover from its record low transaction size in Q1 2020, with signs of recovery in cities like Hangzhou and Chengdu[61] - The real estate market in China is expected to gradually recover in the second half of 2020, following a 10-year record low in transaction size during the first quarter[170][171] - Transactions for commodity housing in first-tier cities were approximately 3.63 million sq.m., down 36% year-on-year, while second-tier cities saw a decline of 34% with 27.56 million sq.m. transacted[173][174] Operational Efficiency - The company has implemented new strategies to improve operational efficiency, aiming for a reduction in costs by XX% over the next year[19] - Selling and distribution expenses increased to approximately RMB 22.2 million in FY2020 from RMB 15.0 million in FY2019, driven by higher marketing expenses for new projects[77] - Administrative expenses rose to approximately RMB 52.3 million in FY2020 from RMB 43.5 million in FY2019, mainly due to increased staff costs and depreciation[78] Risks and Challenges - The property sector is susceptible to macro-economic and industrial policy changes, which may impact the Group's performance if it cannot respond timely to market conditions[200] - The Group's ability to identify and acquire suitable land for property development is crucial, as failure to do so may adversely affect its business and financial condition[199]