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佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不會就本公佈之全部或任何 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。 （於開曼群島註冊成立之有限公司） （股份代號：1841） 1 綜合財務狀況表 於二零二五年三月三十一日 | | | 二零二五年 | 二零二四年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 非流動資產 | | | | | 機器及設備 | | 349 | 946 | | 使用權資產 | | 1,508 | 6,033 | | 商譽 | | 11,423 | 11,423 | | 租賃按金 | | – | 1,519 | | 遞延稅項資產 | | 73 | 294 | | | | 13,353 | 20,215 | | 流動資產 | | | | | 合約資產 | | 14,665 | 16,739 | | 貿易及其他應收款項 | 10 | 24,821 | 28,628 | | 可收回所得稅 | | 2,080 | 36 | | 銀行結餘 | | 74 ...

Revenue Performance - The group's revenue for the six months ended September 30, 2024, decreased by approximately 17.3% to about HKD 62,900,000 from approximately HKD 76,000,000 for the same period in 2023[8]. - Revenue from the company announcement and shareholder circular segment decreased by about HKD 4,700,000 to approximately HKD 21,400,000, while the performance announcement and financial report segment revenue decreased by about HKD 6,400,000 to approximately HKD 33,000,000[8]. - Revenue for the six months ended September 30, 2024, was HKD 62,916,000, a decrease of 17.3% compared to HKD 76,040,000 for the same period in 2023[89]. Profitability - Gross profit decreased to approximately HKD 30,100,000 from approximately HKD 39,100,000, primarily due to the decline in revenue[13]. - After-tax profit decreased by approximately 25.4% from about HKD 13,500,000 for the six months ended September 30, 2023, to about HKD 10,100,000 for the six months ending September 30, 2024, primarily due to a decrease in gross profit of about HKD 9,000,000[35]. - The company reported a profit attributable to owners of HKD 10,061,000, a decline of 25.5% from HKD 13,491,000 in the previous year[89]. - The group reported a profit before tax of HKD 1,446,000 for the six months ended September 30, 2024, compared to HKD 2,371,000 in 2023, showing a decrease of 39.0%[128]. Expenses - The group's service costs decreased by approximately 11.1% to about HKD 32,800,000 from approximately HKD 36,900,000 for the same period in 2023, with printing costs, employee costs, and translation costs accounting for approximately 36.7%, 30.9%, and 20.4% of total service costs, respectively[12]. - Selling and distribution expenses increased by about HKD 400,000 to approximately HKD 8,100,000, remaining relatively stable[15]. - Administrative expenses decreased by approximately HKD 3,300,000 to about HKD 12,600,000, mainly due to reduced depreciation of machinery and equipment[16]. - Total employee costs (excluding directors' remuneration) for the period were HKD 17,547,000, down 17.4% from HKD 21,185,000 in the previous year[109]. Other Income and Financial Metrics - Other income increased to approximately HKD 3,000,000 from approximately HKD 1,800,000, indicating relative stability[14]. - Other income for the period was HKD 3,028,000, significantly higher than HKD 1,755,000 in the same period last year, marking an increase of 72.5%[89]. - The group reported bank interest income of HKD 1,262,000 for the six months ended September 30, 2024, compared to HKD 984,000 for the same period in 2023, representing a 28.2% increase[126]. Cash Flow and Assets - The group reported a net cash inflow from operating activities of HKD 3,437,000 for the six months ended September 30, 2024, compared to HKD 9,814,000 for the same period in 2023, reflecting a decrease of approximately 65%[81]. - As of September 30, 2024, the group's current assets net value was approximately HKD 103,400,000, an increase from HKD 90,700,000 as of March 31, 2024, representing a growth of about 14.9%[57]. - The group's cash and cash equivalents as of September 30, 2024, were approximately HKD 83,000,000, up from HKD 78,300,000 as of March 31, 2024, indicating a rise of about 6.9%[57]. Debt and Equity - As of September 30, 2024, the company's debt-to-asset ratio was 3.3%, down from 5.6% as of March 31, 2024[36]. - The group's total equity as of September 30, 2024, was HKD 119,356,000, up from HKD 109,295,000 as of March 31, 2024, representing a growth of approximately 9.4%[79]. - The group did not have any borrowings, bank overdrafts, or bank loans as of September 30, 2024, indicating a strong liquidity position[57]. Dividends and Corporate Governance - The board does not recommend the payment of any dividends for the six months ended September 30, 2024, consistent with the previous period[30]. - The company did not recommend any dividend for the six months ended September 30, 2024, consistent with the previous year[110]. - The company has complied with the corporate governance code as outlined in the listing rules during the reporting period[51]. Industry Outlook and Strategic Position - The outlook for the financial printing industry remains uncertain due to specific industry factors, including the expansion of paperless listing mechanisms in Hong Kong[9]. - The group did not make any significant investments or acquisitions during the six months ended September 30, 2024[19]. - The group did not implement any new plans or financing strategies as of September 30, 2024, indicating a stable operational approach[58]. - There were no significant investment or capital asset plans as of September 30, 2024, suggesting a focus on maintaining current operations[59].

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 62,916,000, a decrease of 17.3% compared to HKD 76,040,000 in the same period of 2023[3] - Gross profit for the same period was HKD 30,099,000, down 23.1% from HKD 39,133,000 year-on-year[3] - The company recorded a profit attributable to owners of HKD 10,061,000, a decline of 25.5% from HKD 13,491,000 in the previous year[3] - Basic and diluted earnings per share were HKD 2.52, compared to HKD 3.37 for the same period last year, reflecting a decrease of 25.2%[3] - The company reported a net profit of HKD 10,061,000 for the six months ended September 30, 2024, down from HKD 13,491,000 in 2023, reflecting a decline of 25.5%[43] - Basic earnings per share for the six months ended September 30, 2024, was HKD 2.52, compared to HKD 3.37 in 2023, indicating a decrease of 25.2%[42] - The company's net profit after tax decreased by approximately 25.4% or about HKD 3,400,000, from approximately HKD 13,500,000 to about HKD 10,100,000[73] Cash Flow and Assets - Cash and cash equivalents increased to HKD 82,984,000 from HKD 79,264,000 year-on-year, representing a growth of 3.4%[20] - The net cash generated from operating activities was HKD 3,437,000, down 65.0% from HKD 9,814,000 in the previous year[20] - The company’s total assets less current liabilities amounted to HKD 119,356,000, an increase from HKD 110,885,000 as of March 31, 2024[16] - The company’s total equity increased to HKD 119,356,000 from HKD 109,295,000, reflecting a growth of 9.5%[16] - Trade receivables as of September 30, 2024, amounted to HKD 39,501,000, an increase from HKD 26,808,000 as of March 31, 2024, representing a growth of 47.4%[46] - Trade payables as of September 30, 2024, were HKD 20,371,000, a decrease from HKD 24,819,000 as of March 31, 2024, indicating a reduction of 18.0%[49] Income and Expenses - The company reported other income of HKD 3,028,000, which is a significant increase of 72.5% compared to HKD 1,755,000 in the previous year[3] - Other income increased to HKD 3,028,000 for the six months ended September 30, 2024, compared to HKD 1,755,000 in 2023, representing a growth of 72.5%[33] - The total service costs decreased by about 11.1%, from approximately HKD 36,900,000 to about HKD 32,800,000[63] - The company’s total employee costs (excluding directors' remuneration) decreased to HKD 17,547,000 for the six months ended September 30, 2024, from HKD 21,185,000 in 2023, a decline of 17.5%[39] - Financing costs increased to HKD 187,000 for the six months ended September 30, 2024, compared to HKD 59,000 in 2023, marking an increase of 216.9%[34] Dividends and Shareholder Information - The company did not declare any dividends for the six months ended September 30, 2024, consistent with the previous year[40] - The company did not recommend any dividend for the six months ended September 30, 2024, consistent with the previous period[61] - The company’s major shareholders include Brilliant Ray and Long Peak, each holding 116,580,000 shares, representing approximately 29.1% of the issued share capital[91] - The company has maintained a sufficient public float of at least 25% of its issued shares throughout the six-month period ending September 30, 2024[109] Corporate Governance and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the six months ending September 30, 2024[110] - The company has adopted the corporate governance code as per the listing rules and has complied with its provisions during the reporting period[100] Future Plans and Developments - The company has not disclosed any new product developments or market expansion strategies during this reporting period[22] - The company has no new implementation or financing plans as of September 30, 2024[78] - No significant investments or acquisitions were made by the company during the six months ending September 30, 2024[79] - There are no specific plans for significant investments or capital assets as of September 30, 2024[81] - The company reported no significant contingent liabilities as of September 30, 2024, and September 30, 2023[82] - The company does not face significant foreign exchange risks as its business activities are conducted solely in Hong Kong and primarily denominated in HKD[84] - No significant events occurred after the reporting period ended[85] Accounting and Standards - The company applied new accounting standards during the reporting period, but these did not have a significant impact on the financial statements[28] - As of September 30, 2024, the company's debt-to-asset ratio was 3.3%, down from 5.6% as of March 31, 2024[74] - As of September 30, 2024, the company had no outstanding stock options granted under its stock option plan[97] - The company did not purchase, sell, or redeem any of its listed securities during the six months ending September 30, 2024[98] - The company has the capacity to issue 40,000,000 shares under its stock option plan, equivalent to 10% of the existing issued share capital as of the announcement date[97] - The company had no assets pledged as collateral as of September 30, 2024, and September 30, 2023[80]

Financial Performance - The group recorded revenue of approximately HKD 125.1 million for the year ended March 31, 2024, a decrease of about 3.0% from approximately HKD 128.9 million in the previous year [10] - Gross profit for the year was approximately HKD 57.8 million, down about 9.0% from approximately HKD 63.5 million in the previous year [10] - The group's profit after tax decreased by approximately 56.9% to about HKD 8.6 million for the year ended March 31, 2024, compared to approximately HKD 20.0 million in the previous year [10] - The revenue from the performance announcement and financial report segment was approximately HKD 63.8 million, a decrease of about 7.8% from approximately HKD 69.2 million in the previous year [19] - The revenue from the company announcements and shareholder circulars segment increased by approximately 7.2% to about HKD 43.0 million, compared to approximately HKD 40.2 million in the previous year [20] - The revenue from the bond circulars and IPO prospectuses segment increased by approximately 11.7% to about HKD 9.4 million, up from approximately HKD 8.4 million in the previous year [21] - The group's net profit margin for the year was approximately 6.9%, a decrease from about 15.5% in the previous year [10] - The revenue from the fund document segment decreased by approximately HKD 4,000,000, representing a decline of about 65.4%, contributing to only 1.1% of total revenue for the year ended March 31, 2024 [24] - Other income for the year ended March 31, 2024, was approximately HKD 3,400,000, down from approximately HKD 10,600,000 for the previous year, a decrease of about 67.9% [29] Cost and Expenses - The group's service costs increased from approximately HKD 65,500,000 for the year ended March 31, 2023, to approximately HKD 67,300,000 for the year ended March 31, 2024, an increase of about 2.8% [27] - The administrative expenses remained relatively stable, with approximately HKD 30,300,000 for the year ended March 31, 2024, compared to approximately HKD 29,600,000 for the previous year [31] - The financing costs increased from approximately HKD 100,000 for the year ended March 31, 2023, to approximately HKD 300,000 for the year ended March 31, 2024 [33] Dividends and Shareholder Returns - The board does not recommend any final dividend for the year ended March 31, 2024 [14] - The total reserves available for distribution to shareholders as of March 31, 2024, is approximately HKD 69.3 million, an increase from HKD 60.7 million in 2023 [78] - The company did not recommend any final dividend for the year ending March 31, 2024, consistent with the previous year [75] Market Conditions and Future Outlook - The financial printing industry is expected to continue facing uncertainties, particularly with the expansion of paperless listing mechanisms in Hong Kong [11] - The group is prepared to capture new market opportunities in both hardware and services despite the challenges faced [11] Employee and Management Information - The average number of employees decreased from 85 for the year ended March 31, 2023, to 80 for the year ended March 31, 2024 [42] - The company’s financial director, Mr. Wen Junwei, has over 18 years of experience in accounting, auditing, and finance [68] - The company’s independent non-executive director, Mr. Liang Zhaokang, has over 24 years of experience in accounting, auditing, finance, and compliance [67] Corporate Governance - The company has adopted the corporate governance code as per the listing rules and complied with all provisions for the year ending March 31, 2024 [118] - The board of directors is responsible for the overall management of the group and regularly reviews the delegation of authority to ensure it meets the company's needs [119] - The company has established a formal and transparent procedure for the appointment and succession of directors [129] - The audit committee is composed entirely of independent non-executive directors, ensuring compliance with listing rules [136] - The audit committee's responsibilities include reviewing financial statements and overseeing the financial reporting process [137] Risk Management and Internal Controls - The company has adopted a risk management system that identifies and assesses risks related to its business operations, with no significant risks identified in the 2023 risk assessment [165] - The internal control system is aligned with the 2013 framework sponsored by the Treadway Commission, ensuring operational effectiveness, financial reporting reliability, and compliance with applicable laws [166] - The board confirmed that the risk management and internal control systems are effective and adequate, with no significant monitoring failures or weaknesses identified during the reporting period [173] Goodwill and Revenue Recognition - The goodwill of the group as of March 31, 2024, is approximately HKD 11,423,000, which is significant relative to the group's net assets [199] - Revenue recognition for financial printing services is based on measuring the progress towards fulfilling performance obligations over time [196] - Management uses significant judgments and estimates to determine the progress towards fulfilling performance obligations as of the reporting date [196] - The assessment of goodwill impairment is identified as a key audit matter due to the degree of judgment and the scale of goodwill involved [200]

Financial Performance - The company's revenue for the fiscal year 2024 was HKD 125,070,000, a decrease of approximately 3.5% from HKD 128,923,000 in 2023[2] - Gross profit for 2024 was HKD 57,758,000, down from HKD 63,452,000 in the previous year, reflecting a decline of about 9.0%[2] - The net profit attributable to the company's owners for 2024 was HKD 8,613,000, a significant decrease of approximately 56.9% compared to HKD 19,991,000 in 2023[2] - Basic and diluted earnings per share for 2024 were HKD 2.15, down from HKD 5.00 in 2023, representing a decline of about 57.0%[2] - The group's revenue decreased from approximately HKD 128,900,000 for the year ended March 31, 2023, to approximately HKD 125,100,000 for the year ended March 31, 2024, a decrease of about 3.0%[160] - The group's net profit after tax decreased by approximately 56.9% from about HKD 20,000,000 for the year ended March 31, 2023, to about HKD 8,600,000 for the year ended March 31, 2024[186] - The group's net profit margin was approximately 6.9% for the year ended March 31, 2024, down from about 15.5% for the year ended March 31, 2023[186] Revenue Segments - Revenue from the financial printing services segment for 2024 was approximately HKD 63,800,000, a decrease of about 7.8% from HKD 69,200,000 in 2023[27] - The financial printing services segment accounted for approximately 51.0% of total revenue in 2024, down from 53.7% in 2023[27] - For the fiscal year ending March 31, 2024, the group's revenue from the financial printing services segment was approximately HKD 43 million, an increase of about 7.2% from approximately HKD 40.2 million in the previous year, accounting for about 34.4% of total revenue[49] - Revenue from the segment of "Performance Announcements and Financial Reports" decreased from HKD 69,197,000 in 2023 to HKD 63,770,000 in 2024, a decline of approximately 7.0%[118] - Revenue from the "Bond Circulars and IPO Prospectuses" segment decreased significantly from approximately HKD 4,000,000 in 2023 to about HKD 1,400,000 in 2024, a reduction of about 65.4%[133] - The segment revenue from "Company Announcements and Shareholder Circulars" was HKD 43,039,000 in 2024, compared to HKD 40,152,000 in 2023, reflecting an increase of approximately 4.7%[118] - The revenue from another segment for the fiscal year ending March 31, 2024, was approximately HKD 9.4 million, an increase of about 11.7% from approximately HKD 8.4 million in the previous year, mainly due to an increase in the number of IPO projects[50] - The revenue from a specific segment for the fiscal year ending March 31, 2024, was approximately HKD 7.5 million, an increase of about 4.9% from approximately HKD 7.1 million in the previous year, driven by increased market demand for various services[75] Expenses and Costs - The group's administrative expenses for the fiscal years ending March 31, 2024, and March 31, 2023, were approximately HKD 30.3 million and HKD 29.6 million, respectively, remaining relatively stable[55] - Sales and distribution expenses increased from approximately HKD 17,400,000 for the year ended March 31, 2023, to approximately HKD 19,200,000 for the year ended March 31, 2024, representing an increase of about 10.4%[77] - The total employee costs (excluding directors' remuneration) for the fiscal year ending March 31, 2024, were HKD 42.87 million, compared to HKD 40.86 million in the previous year[38] - Employee costs, including directors' remuneration, amounted to approximately HKD 53,300,000 for the year ended March 31, 2024, up from approximately HKD 48,800,000 for the year ended March 31, 2023[83] - The group's total service costs increased from approximately HKD 65,500,000 for the year ended March 31, 2023, to about HKD 67,300,000 for the year ended March 31, 2024, an increase of about 2.8%[182] Trade Receivables and Impairment - Trade receivables as of March 31, 2024, totaled HKD 32,170,000, an increase from HKD 27,461,000 in 2023[21] - The company recognized impairment losses on trade receivables of HKD 1,723,000 in 2024, compared to HKD 3,747,000 in 2023, indicating a reduction of approximately 54.0%[23] - Trade receivables impairment loss was approximately HKD 1,700,000 for the year ended March 31, 2024, compared to approximately HKD 3,700,000 for the year ended March 31, 2023[78] - The provision for trade receivables decreased slightly from HKD 5,556,000 in 2023 to HKD 5,362,000 in 2024[152] Cash and Assets - The group’s cash and bank balances increased to HKD 78,285,000 as of March 31, 2024, from HKD 68,466,000 the previous year[110] - The group's cash and cash equivalents were approximately HKD 68,500,000 and HKD 78,300,000 for the years ended March 31, 2023, and March 31, 2024, respectively[166] - The total assets less current liabilities amounted to HKD 110,885,000 for the year ended March 31, 2024, compared to HKD 100,682,000 for the previous year[110] - The group's total equity increased to HKD 109,295,000 as of March 31, 2024, compared to HKD 100,682,000 for the previous year[110] - The group had no secured assets as of March 31, 2024, consistent with the previous year[84] - The group has no capital commitments as of March 31, 2024, consistent with the previous year[62] Market Conditions and Future Outlook - The group is facing uncertainties in the financial printing industry due to specific industry factors and cautious market sentiment affecting fundraising activities[76] - The company has applied new Hong Kong Financial Reporting Standards for the fiscal year starting April 1, 2023, which may impact future financial reporting[6] - The group is monitoring and maintaining sufficient cash levels to mitigate liquidity risks and cash flow volatility[86] - The company continues to provide services to asset management companies and other financial institutions, indicating ongoing market expansion efforts[28] Dividends and Investments - The company did not recommend any final dividend for the year ending March 31, 2024, compared to HKD 32,000,000 in 2023[151] - The board of directors did not recommend any final dividend for the year ended March 31, 2024[176] - The group did not make any significant investments or acquisitions during the year ended March 31, 2024[168]

Revenue and Profitability - The group's revenue increased by approximately 2.9% from about HKD 73,900,000 for the six months ended September 30, 2022, to about HKD 76,000,000 for the six months ended September 30, 2023[10]. - Revenue for the six months ended September 30, 2023, was HKD 76,040,000, an increase of 2.9% compared to HKD 73,920,000 for the same period in 2022[60]. - Gross profit remained relatively stable at approximately HKD 36,500,000 for the six months ended September 30, 2022, and approximately HKD 39,100,000 for the six months ended September 30, 2023[17]. - Gross profit for the same period was HKD 39,133,000, representing a gross margin of 51.5%[60]. - The net profit after tax decreased by approximately 9.4% from about HKD 14,900,000 for the six months ended September 30, 2022, to about HKD 13,500,000 for the six months ended September 30, 2023[24]. - Profit attributable to owners of the company was HKD 13,491,000, a decrease of 9.3% from HKD 14,886,000 in the previous year[60]. - The company reported a net profit of HKD 13,491,000 for the six months ended September 30, 2023, compared to HKD 14,886,000 for the same period in 2022, reflecting a decrease of approximately 9.3%[63]. - Basic and diluted earnings per share were HKD 3.37, down from HKD 3.72 in the prior year[60]. - Basic and diluted earnings per share for the six months ended September 30, 2023, were HKD 3.37, down from HKD 3.72 in the same period of 2022, reflecting a decline of 9.39%[91]. Costs and Expenses - The service costs decreased by approximately 1.4%, from about HKD 37,400,000 for the six months ended September 30, 2022, to about HKD 36,900,000 for the six months ended September 30, 2023[16]. - Sales and distribution expenses decreased from about HKD 8,200,000 for the six months ended September 30, 2022, to about HKD 7,700,000 for the six months ended September 30, 2023[19]. - Financing costs decreased from about HKD 84,000 for the six months ended September 30, 2022, to about HKD 59,000 for the six months ended September 30, 2023[22]. - The employee costs for the reporting period were approximately HKD 26.3 million, compared to HKD 24.81 million for the same period last year[29]. - Total employee costs (excluding directors' remuneration) for the period were HKD 21,185,000, a decrease of 1.74% compared to HKD 21,558,000 in the previous year[88]. - The total remuneration for directors and key management personnel for the period was HKD 6,497,000, an increase of 41.8% from HKD 4,579,000 in the same period of 2022[104]. Assets and Liabilities - The asset-liability ratio increased to 7.3% as of September 30, 2023, compared to 1.7% as of March 31, 2023[25]. - As of September 30, 2023, the group's net current assets were approximately HKD 95.6 million, an increase from HKD 83.8 million as of March 31, 2023[26]. - The group's cash and cash equivalents amounted to approximately HKD 79.3 million as of September 30, 2023, up from HKD 68.5 million as of March 31, 2023[26]. - Total assets as of September 30, 2023, amounted to HKD 142,146,000, an increase from HKD 127,054,000 as of March 31, 2023[61]. - Current liabilities totaled HKD 29,203,000, compared to HKD 26,518,000 as of March 31, 2023[61]. - Trade receivables increased significantly to HKD 48,822,000 as of September 30, 2023, compared to HKD 27,461,000 as of March 31, 2023, representing a growth of 77.8%[96]. - Trade payables as of September 30, 2023, were HKD 12,774,000, slightly up from HKD 12,279,000 as of March 31, 2023, indicating a 4.03% increase[98]. - The group had no borrowings, bank overdrafts, or bank loans as of September 30, 2023[26]. - The group has no contingent liabilities as of September 30, 2023[34]. Dividends and Shareholder Information - The company did not recommend any dividend for the six months ended September 30, 2023, compared to HKD 0.025 per share for the same period in 2022[12]. - The company did not declare any dividends for the current period, maintaining a focus on reinvestment[63]. - The major shareholders include Brilliant Ray Global Limited and Long Peak Holdings Limited, each holding 116,580,000 shares, representing 29.1% of the issued share capital[45]. - The company maintained a sufficient public float of at least 25% of its issued shares throughout the reporting period[57]. Other Income and Cash Flow - Other income decreased significantly from about HKD 7,400,000 for the six months ended September 30, 2022, to about HKD 1,800,000 for the six months ended September 30, 2023[18]. - The company recorded other income of HKD 1,755,000, down from HKD 7,406,000 in the previous year, indicating a decline of approximately 76.3%[81]. - The net cash generated from operating activities was HKD 9,814,000, a decrease of 55.0% compared to HKD 21,795,000 in the same period last year[65]. - The company’s interest income from bank deposits increased to HKD 984,000, compared to HKD 96,000 in the previous year, marking a significant increase of 927.1%[81]. - The company’s operating expenses related to financing activities decreased significantly, with net cash used in financing activities at zero compared to HKD 22,084,000 in the previous year[65]. Strategic Focus and Market Conditions - The company aims to leverage its competitive advantages to provide quality services to clients despite a weak overall market atmosphere[11]. - The company continues to focus on its core business of financial printing services, with all revenue generated from operations in Hong Kong[80]. - There were no significant investments or acquisitions made during the six months ending September 30, 2023[31]. - The group has no specific plans for significant investments or capital assets as of September 30, 2023[33]. - There were no significant events after the reporting period[36]. - The company did not grant any share options during the six months ended September 30, 2023[49]. - There were no purchases, sales, or redemptions of the company's listed securities during the reporting period[50]. - The company reported no forfeited contributions available for offsetting against the employer's contribution level during the period, consistent with the previous year[88].

Financial Performance - For the fiscal year ending March 31, 2023, the company reported revenue of approximately HKD 128.9 million, an increase of about 0.9% from HKD 127.7 million in the previous year[10]. - The gross profit for the same period was approximately HKD 63.5 million, a decrease of about 1.1% from HKD 64.2 million year-on-year[10]. - The net profit after tax increased by approximately 70.0% to about HKD 20.0 million, up from approximately HKD 11.8 million in the previous year, primarily due to an increase in other income[10]. - The net profit margin improved to approximately 15.5%, compared to about 9.2% in the previous year[10]. - Revenue from the performance announcement and financial report segment was approximately HKD 69.2 million, a 9.9% increase from HKD 63.0 million in the previous year, accounting for about 53.7% of total revenue[20]. - Revenue from the company announcements and shareholder circulars segment was approximately HKD 40.1 million, a 10.6% increase from HKD 36.3 million in the previous year, representing about 31.1% of total revenue[21]. - The revenue from the debt issuance and IPO prospectus segment decreased by approximately 61.2% to about HKD 8.4 million, down from approximately HKD 21.7 million last year, primarily due to a reduction in the number of IPO projects[22]. - The revenue from the fund document segment increased by approximately 156.9% to about HKD 4 million, up from approximately HKD 1.6 million last year[25]. - Other income for the year ended March 31, 2023, was approximately HKD 10.6 million, an increase of about HKD 7.8 million compared to approximately HKD 2.8 million for the previous year[31]. - The group's service costs increased from approximately HKD 63.6 million for the year ended March 31, 2022, to approximately HKD 65.5 million for the year ended March 31, 2023, representing an increase of about 3.0%[28]. Dividend Policy - The company has not recommended a final dividend for the fiscal year ending March 31, 2023, maintaining the interim dividend at HKD 0.025 per share[15]. - The board has established a robust dividend policy to balance shareholder returns with the need for sustainable long-term development[16]. - The total reserves available for distribution to shareholders as of March 31, 2023, are approximately HKD 60.7 million, down from HKD 72.7 million in 2022[85]. - The company declared an interim dividend of HKD 0.025 per share for the six months ended September 30, 2022, consistent with the previous year[79]. - The board does not recommend a second interim dividend for the year ended March 31, 2023, compared to HKD 0.055 per share in 2022[80]. Market Challenges and Opportunities - The company plans to leverage its competitive advantages to expand its customer base and enhance professional services despite challenges in the market[11]. - The company anticipates ongoing challenges in the financial printing industry due to market uncertainties, but is prepared to capture new opportunities in hardware and services[11]. Employee and Operational Insights - The average number of employees decreased from 91 for the year ended March 31, 2022, to 85 for the year ended March 31, 2023, with total employee costs amounting to approximately HKD 48.8 million[43]. - The sales and distribution expenses increased by approximately 14.0% to about HKD 17.4 million for the year ended March 31, 2023, primarily due to increased marketing and hospitality expenses[32]. - The company maintained good relationships with employees, with no labor disputes or recruitment difficulties affecting operations as of March 31, 2023[47]. Financial Position and Risk Management - The capital debt ratio decreased to 1.7% as of March 31, 2023, down from 5.6% in the previous year, due to a reduction in lease liabilities[39]. - The company faces low credit risk due to a diversified customer base and high credit ratings of counterparties, with expected credit loss rates on bank balances assessed as close to zero[51][53]. - Interest rate risk is minimal as bank balances are the only interest-bearing assets, with ongoing monitoring of this risk[54]. - The company has low liquidity risk, with most financial assets and liabilities maturing within one year, supported by existing shareholder funds and internal cash flows[55]. Corporate Governance - The company has adopted the corporate governance code as per the listing rules and complied with all provisions during the year ended March 31, 2023[122]. - The board of directors is responsible for the overall management of the company and has delegated daily operations and management responsibilities to executive directors and senior management[123]. - The audit committee reviewed the audited consolidated financial statements for the year ended March 31, 2023[117]. - The company has engaged external professional firms to perform internal audit functions, ensuring independence from daily operations and evaluating the risk management and internal control systems annually[175]. - The company has established a formal and transparent procedure for the appointment and succession planning of directors[131]. - The board has established three committees: audit, remuneration, and nomination, to oversee specific aspects of the group's affairs[136]. Shareholder Relations - The company has maintained an open and effective investor relations policy, providing timely updates to investors through various communication channels[180]. - The company has established a shareholder communication policy to ensure timely and clear information is provided to shareholders and investors[188]. - The board chairman is responsible for promoting effective communication between the board and shareholders, ensuring that shareholder opinions are conveyed to all board members[159]. Financial Reporting and Compliance - The financial statements reflect a true and fair view of the group's financial position as of March 31, 2023, in accordance with applicable accounting standards[190]. - The external auditor's report confirms that the financial statements have been properly prepared according to the Hong Kong Financial Reporting Standards[190]. - The company has complied with regulatory requirements regarding the distribution of meeting notices and annual reports to shareholders[184]. Goodwill and Revenue Recognition - As of March 31, 2023, the group's goodwill amounted to approximately HKD 11,423,000, which is significant relative to the group's net assets[198]. - The assessment of goodwill impairment involves judgment and requires estimates of future cash flows and the discount rate applied[198]. - Revenue recognition for financial printing services is based on the progress of fulfilling performance obligations, measured by efforts relative to total expected inputs[195]. - The total expected inputs for revenue recognition are primarily based on past experiences with similar projects[195].

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佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不會就本公佈之全部或任何 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。 （於開曼群島註冊成立之有限公司） 1841 （股份代號： ） 截至二零二三年三月三十一日止年度之 全年業績公佈 全年業績 優越集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司截至二零二三年三月三十一日止年度之經審核綜合業績，連同截至二零 二二年三月三十一日止年度之比較數字如下： 綜合損益及其他全面收益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 4 128,923 127,739 收益 (65,471) (63,579) 服務成本 63,452 64,160 毛利 ...

Revenue and Profitability - The group's revenue increased by approximately 4.9% from about HKD 70,500,000 for the six months ended September 30, 2021, to about HKD 73,900,000 for the six months ended September 30, 2022[8]. - Revenue from the performance announcement and financial reporting segment rose by approximately HKD 4,200,000 to about HKD 40,500,000, while the company announcement and shareholder circular segment increased by approximately HKD 6,000,000 to about HKD 24,300,000[12]. - The group's profit after tax increased by approximately 9.2% from HKD 13,600,000 to HKD 14,900,000 for the six months ended September 30, 2022[22]. - Profit before tax increased to HKD 18,011,000, compared to HKD 15,871,000 in the previous year, reflecting a growth of 13.5%[62]. - Net profit attributable to the owners of the company was HKD 14,886,000, up from HKD 13,629,000, representing an increase of 9.2%[62]. - Basic and diluted earnings per share for the period were HKD 3.72, compared to HKD 3.41 in the previous year, indicating a growth of 9.1%[62]. Costs and Expenses - Service costs increased by approximately 10.0%, from about HKD 34,000,000 to about HKD 37,400,000, with employee costs, translation costs, and printing costs accounting for approximately 36.0%, 35.1%, and 23.3% of total service costs, respectively[13]. - Administrative expenses remained relatively stable, with approximately HKD 14,100,000 for the six months ended September 30, 2021, and about HKD 14,700,000 for the same period in 2022[17]. - Income tax expenses increased from about HKD 2,200,000 to approximately HKD 3,100,000 for the respective periods[21]. - Employee costs for the reporting period amounted to approximately HKD 24,810,000, an increase from HKD 23,800,000 for the six months ended September 30, 2021[26]. - Financing costs decreased from about HKD 158,000 to approximately HKD 84,000 over the same periods[20]. Other Income and Government Support - Other income rose from about HKD 2,400,000 to approximately HKD 7,400,000, primarily due to government subsidies of about HKD 2,100,000 received under the employment support scheme[15]. - The group received government subsidies of HKD 2,100,000 under the employment support scheme during the reporting period[22]. - Other income for the six months was HKD 7,406,000, significantly higher than HKD 2,394,000 in the same period last year, marking an increase of 209.5%[62]. Assets and Liabilities - The group's current assets net value decreased from approximately HKD 87,100,000 to HKD 84,300,000 between March 31, 2022, and September 30, 2022[24]. - The group's cash and cash equivalents remained relatively stable at approximately HKD 78,700,000 and HKD 78,400,000 as of March 31, 2022, and September 30, 2022, respectively[24]. - The company's total equity decreased to HKD 105,577,000 from HKD 112,691,000, a decline of 6.3%[68]. - The company's total liabilities decreased to HKD 84,337,000 from HKD 87,066,000, a reduction of 3.4%[65]. - Trade and other receivables increased to HKD 38,005,000 from HKD 21,516,000, representing a significant increase of 76.5%[65]. Dividends and Shareholder Returns - The board proposed an interim dividend of HKD 0.025 per share, consistent with the previous period[10]. - The company declared a dividend of HKD 14,886,000 during the period, which was paid out from retained earnings[68]. - The company proposed an interim dividend of HKD 0.025 per share for the six months ended September 30, 2022, consistent with the previous year's interim dividend[98]. Market Outlook and Future Plans - The group anticipates that the weak market sentiment may negatively impact fundraising activities and IPO numbers, affecting profitability in the financial printing industry[9]. - The company plans to continue expanding its financial printing services, focusing on enhancing operational efficiency and exploring new market opportunities[75]. Corporate Governance and Compliance - The company maintained a sufficient public float of at least 25% of its issued shares throughout the reporting period[57]. - The company has adopted the corporate governance code as per the listing rules and has complied with it during the reporting period[52]. Miscellaneous - There were no significant investments or acquisitions made during the six months ended September 30, 2022[28]. - The company did not grant any share options during the six months ended September 30, 2022, and had no unexercised options as of that date[49]. - The company has no major future investment or capital asset plans as of September 30, 2022[30]. - The company acquired machinery and equipment for approximately HKD 100,000 during the reporting period, compared to HKD 111,000 in the same period of 2021[102]. - The short-term benefits for key management personnel in the six months ended September 30, 2022, amounted to HKD 4,534,000, slightly down from HKD 4,593,000 in the same period of 2021[112]. - The post-employment benefits for key management personnel decreased to HKD 45,000 in 2022 from HKD 57,000 in 2021[112].

Financial Performance - For the fiscal year ending March 31, 2022, the company reported revenue of approximately HKD 127.7 million, a decrease of about 4.9% from HKD 134.4 million in the previous year[6] - The gross profit for the same period was approximately HKD 64.2 million, down about 3.4% from HKD 66.4 million year-on-year[6] - The company's net profit after tax decreased by approximately 57.4% to about HKD 11.8 million, compared to HKD 27.6 million for the fiscal year ending March 31, 2021[6] - The net profit margin for the fiscal year was approximately 9.2%, a decrease from about 20.5% in the previous year[6] - The group's revenue for the year ended March 31, 2022, was approximately HKD 127,700,000, a decrease of about 4.9% from approximately HKD 134,400,000 for the previous year[14] - The revenue from the performance announcement and financial report segment was approximately HKD 63,000,000, a decrease of about 13.1% from approximately HKD 72,400,000 for the previous year[14] - The revenue from the bond announcement and IPO prospectus segment was approximately HKD 21,700,000, an increase of about 13.0% from approximately HKD 19,200,000 for the previous year[14] - The group's gross profit decreased to approximately HKD 64,200,000, a reduction of about 3.4% from approximately HKD 66,400,000 for the previous year[16] - The service cost for the year ended March 31, 2022, was approximately HKD 63,600,000, a decrease of about 6.5% from approximately HKD 68,000,000 for the previous year[16] - For the fiscal year ending March 31, 2022, the group's net profit decreased by approximately 57.4% to HKD 11,800,000 from HKD 27,600,000 for the year ending March 31, 2021[22] - The group's pure profit margin was approximately 9.2% for the fiscal year ending March 31, 2022, down from about 20.5% for the fiscal year ending March 31, 2021[22] Dividends and Shareholder Returns - The board has established a robust dividend policy to balance shareholder returns with the long-term sustainability of the company[8] - The company declared an interim dividend of HKD 0.025 per share for the six months ending September 30, 2021, and a second interim dividend of HKD 0.055 per share for the fiscal year ending March 31, 2022[8] - The board does not recommend any final dividend for the year ending March 31, 2022, compared to a final dividend of HKD 0.125 per share for the previous year[1] - The total reserves available for distribution to shareholders as of March 31, 2022, were approximately HKD 72.7 million, down from HKD 121 million in 2021[52] Market and Business Strategy - The company plans to leverage its competitive advantages to expand its customer base and enhance professional services[8] - The company is preparing to seize new market opportunities, particularly focusing on initial public offerings[6] - The group aims to expand its business relationships with financial institutions and law firms to enhance its market share in the bond announcement and IPO prospectus segments[14] Administrative and Operational Changes - The company expanded its office space by approximately 40% to provide more meeting rooms and enhance client services[6] - Administrative expenses increased from approximately HKD 24,900,000 to approximately HKD 29,900,000, primarily due to an increase in trade receivables impairment losses and depreciation of machinery and equipment[19] - The average number of employees decreased from 96 to 91 between the fiscal years ending March 31, 2021, and March 31, 2022[24] - The group incurred employee costs of approximately HKD 53,600,000 for the fiscal year ending March 31, 2022, compared to HKD 48,700,000 for the previous year[24] Risk Management and Compliance - The company has adopted a risk management system that identifies, assesses, and manages risks related to its business operations[146] - The internal control system is aligned with the 2013 framework sponsored by the Treadway Commission, ensuring operational effectiveness and compliance with applicable laws[150] - The company has implemented measures to ensure the confidentiality of insider information and compliance with disclosure regulations[154] - The board of directors has confirmed compliance with the standard code for securities trading as of March 31, 2022[140] Corporate Governance - The board consists of five members, including one female, achieving gender diversity standards[101] - The company has three independent non-executive directors, meeting the requirement of at least one-third of the board[105] - The audit committee includes three independent non-executive directors, with the chairman possessing appropriate professional qualifications[113] - The audit committee's main responsibilities include reviewing financial statements and overseeing the financial reporting process[114] - The company has established a formal and transparent procedure for the appointment and succession planning of directors[106] Financial Reporting and Audit - The company is responsible for preparing consolidated financial statements that fairly reflect the financial position according to Hong Kong Financial Reporting Standards and the Companies Ordinance[191] - The audit committee is tasked with overseeing the financial reporting process of the group[192] - The auditors must assess the appropriateness of the going concern basis used by the company's directors and identify any significant uncertainties that may affect the group's ability to continue as a going concern[196] - The auditors evaluate the overall presentation, structure, and content of the consolidated financial statements, including disclosures, to ensure fair reporting of transactions[198] Shareholder Communication - The company has established an investor relations policy to provide timely updates to investors regarding business developments and financial performance[165] - The company ensures that all shareholders receive meeting notices and relevant documents at least 20 business days before the annual general meeting[168] - The company has a shareholder communication policy to ensure timely and clear information is provided to shareholders and investors[172]