香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 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。 Standard Development Group Limited 標準發展集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1867） 截至 年 月 日止六個月的 2023 9 30 中期業績公告 中期業績 標準發展集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附屬 公司（統稱「本集團」）截至2023年9月30日止六個月之簡明綜合業績連同截至2022年9月30 日止六個月之比較數字如下。 ...

Financial Performance - The total revenue for the fiscal year ending March 31, 2023, increased by approximately 115.7% to about HKD 661.2 million, up from approximately HKD 306.6 million for the previous fiscal year[7]. - The loss attributable to shareholders decreased from approximately HKD 20.5 million to about HKD 10.1 million, primarily due to increased gross profit from the oil business[7]. - For the fiscal year ending March 31, 2023, the company recorded revenue of approximately HKD 661.2 million, a significant increase of about 115.7% from HKD 306.6 million in the previous year[41]. - The increase in revenue was primarily driven by the growth in oil trading business in mainland China, offsetting a decrease in construction business revenue due to fewer projects undertaken[51]. - Direct costs increased from approximately HKD 296.4 million for the year ended March 31, 2022, to approximately HKD 639.1 million for the year ended March 31, 2023, representing an increase of approximately HKD 342.7 million or about 115.6%[52]. Strategic Initiatives - The company has approved an investment in a rural biomass comprehensive development project aimed at converting organic waste into green natural gas, aligning with China's 14th Five-Year Plan[6][13]. - The project for converting organic waste is expected to effectively reduce carbon emissions and produce clean energy, with by-products used as organic fertilizers[6][13]. - The company aims to diversify its business to reduce risks associated with concentrated operations and high policy risk areas[9]. - The company is actively exploring technologies and market developments related to agricultural planting and rural biomass utilization to capitalize on opportunities arising from rural revitalization policies in China[28]. - The board is focused on developing businesses aligned with China's strategic development direction and is closely monitoring market changes to formulate long-term business plans and strategies[25]. Economic Challenges - The company is facing challenges from economic slowdown, insufficient consumer spending, and high funding costs due to interest rate hikes by the Federal Reserve[9]. - The company acknowledges the economic pressures from factors such as economic slowdown, weak consumer demand, and rising funding costs due to U.S. Federal Reserve interest rate hikes[42]. - The geopolitical tensions, particularly the conflict between Russia and Ukraine, are expected to continue affecting global energy prices, which may have adverse effects on the company's performance[44]. Corporate Governance - The company has adopted the principles and code provisions of the Corporate Governance Code as per the listing rules, with compliance noted except for specific deviations mentioned on pages 36 and 40[131]. - The board has adopted a dividend policy aimed at providing shareholders with a share of the group's profits, subject to certain conditions including shareholder equity and any restrictions imposed by lenders[95][98]. - The company has established a nomination policy for the selection and appointment of directors, ensuring a diverse range of perspectives and experiences[130]. - The board composition includes a higher proportion of independent non-executive directors than required by listing rules, ensuring a balance of skills and experience[124]. - The company has complied with the disclosure requirements under the listing rules regarding related party transactions[115]. Shareholder Relations - The company has maintained strong relationships with major clients, with most relationships lasting between one to ten years, ensuring a stable client base[47]. - The company plans to utilize the net proceeds from the rights issue for various purposes, including expanding market share in Hong Kong and enhancing marketing resources, with a total of HKD 51.2 million allocated for these initiatives[61]. - The company issued 150,000,000 shares at a subscription price of HKD 0.23 per share, raising a total of HKD 34.5 million from the rights issue[63]. - As of March 31, 2023, the reserves available for distribution to owners, including share premium and retained earnings, reached approximately HKD 154.4 million[109]. Risk Management - The company faces risks related to disputes, claims, or litigation that may impact its operations and financial condition[29]. - The company has purchased liability insurance for directors and senior management to cover potential legal liabilities arising from their duties[134]. - The board is responsible for overseeing major matters, including strategy formulation, financial performance monitoring, and risk management systems[133]. Employee Relations - The board expressed gratitude to all employees for their hard work in a challenging operating environment, emphasizing the importance of teamwork[26]. - The remuneration committee reviews the compensation policy for directors and senior management based on performance and market practices[148]. - The remuneration committee will hold at least one meeting annually to discuss compensation matters, including the remuneration of directors and senior management[173].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Standard Development Group Limited 標準發展集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1867） 截至 年 月 日止年度之 2023 3 31 全年業績公告 全年業績 標準發展集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附屬 公司（統稱「本集團」）截至2023年3月31日止年度的綜合業績，連同截至2022年3月31日止年 度的比較數字。 ...

Financial Performance - For the six months ended September 30, 2022, the company reported revenue of HKD 319,348,000, a significant increase from HKD 73,818,000 in the same period of 2021, representing a growth of approximately 332%[7] - The gross profit for the same period was HKD 2,331,000, compared to HKD 1,787,000 in 2021, indicating an increase of about 30%[7] - The company incurred a loss before tax of HKD 7,502,000, which is an improvement from a loss of HKD 9,689,000 in the previous year, reflecting a reduction of approximately 22%[7] - The total comprehensive loss for the period was HKD 13,306,000, compared to HKD 9,759,000 in the same period last year, showing an increase of about 36%[7] - The basic loss per share for the period was HKD 0.66, an improvement from HKD 0.85 in the previous year[7] - The company reported a loss of HKD 8,922,000 for the six months ended September 30, 2022, compared to a loss of HKD 9,759,000 for the same period in 2021, indicating a 9% improvement in performance[44] Assets and Liabilities - As of September 30, 2022, the total assets amounted to HKD 153,810,000, a decrease from HKD 241,606,000 as of March 31, 2022, representing a decline of approximately 36%[9] - The company's net current assets were HKD 122,060,000, down from HKD 134,865,000 as of March 31, 2022, indicating a decrease of about 9%[9] - The total equity as of September 30, 2022, was HKD 132,018,000, a decline from HKD 145,324,000 as of March 31, 2022, reflecting a decrease of approximately 9%[10] - The company reported a significant increase in trade and other receivables, which rose to HKD 66,798,000 from HKD 57,956,000, indicating an increase of about 15%[9] - Trade receivables as of September 30, 2022, amounted to HKD 69,473,000, with a credit loss provision of HKD 15,712,000, resulting in a net receivable of HKD 53,761,000, compared to HKD 54,637,000 net receivable as of March 31, 2022[48] - The company’s trade payables as of September 30, 2022, were HKD 6,246,000, a significant decrease from HKD 82,337,000 as of March 31, 2022[51] Cash Flow and Financing - The net cash used in operating activities for the six months ended September 30, 2022, was HKD (82,591) thousand, a significant decrease from HKD 7,259 thousand in the same period of 2021[17] - The company reported a total cash and cash equivalents balance of HKD 51,565 thousand at the end of the period, down from HKD 69,464 thousand at the end of the previous period[17] - The financing activities resulted in a net cash outflow of HKD (630) thousand, compared to a net inflow of HKD 31,281 thousand in the same period last year[17] - Total borrowings increased to approximately HKD 13,885,000 during the interim period, compared to HKD 7,565,000 for the same period in 2021, indicating a significant rise in leverage[54] Operational Highlights - The company is focusing on expanding its market presence and developing new products, although specific details on new products and technologies were not disclosed in the report[7] - The company has initiated trading in consumables and oil, which is considered a new operating segment[30] - The company is actively researching technologies related to agricultural biomass development to capitalize on market opportunities arising from rural revitalization initiatives in China[62] - The company aims to prepare for ongoing challenges posed by the pandemic while striving to improve returns for shareholders[62] Employee and Administrative Expenses - Employee benefit expenses, including director remuneration, totaled HKD 12,384,000 for the six months ended September 30, 2022, down from HKD 14,106,000 in the previous year, reflecting a decrease of 12%[42] - Employee costs for the six months ended September 30, 2022, were approximately HKD 8.3 million, down from HKD 11.3 million for the same period in 2021, reflecting a reduction of about 26.5%[96] - Administrative and other operating expenses increased by approximately 14.9% from about HKD 8.7 million to approximately HKD 10.3 million, mainly due to increased operating expenses in new offices[67] Shareholder and Capital Structure - The company successfully raised approximately HKD 49.28 million through a rights issue, issuing up to 224,000,000 shares at a subscription price of HKD 0.22 per share[80] - As of September 30, 2022, the company's issued share capital was HKD 13.4 million, with a total of 1,344,000,000 shares issued at a par value of HKD 0.01 per share[79] - The net proceeds from the rights issue, after expenses, amounted to approximately HKD 48.08 million, with a net subscription price of about HKD 0.21 per share[82] - The company plans to allocate approximately HKD 34.1 million from the subscription proceeds, with around HKD 3.4 million (about 10%) for general working capital and approximately HKD 30.7 million (about 90%) for oil product trading[86] Governance and Compliance - The company has complied with all applicable provisions of the Corporate Governance Code, except for a deviation regarding the roles of the Chairman and CEO, which are held by the same individual since June 8, 2021[194] - The company aims to fill the vacancy of the authorized representative as soon as practicable to ensure compliance with Listing Rule 3.05[195] - The company believes that the current arrangement of having the same individual as Chairman and CEO does not impair the balance of power and accountability[194] - The company has made sufficient disclosures in accordance with applicable accounting standards and legal requirements for the interim report[199] Litigation and Risks - The company is involved in ongoing litigation with various clients, with claims amounting to approximately HKD 6,283,000 related to a civil lawsuit[90] - The company has provided bank guarantees for contract performance amounting to approximately HKD 15,853,000 as of September 30, 2022, an increase from HKD 14,088,000 as of March 31, 2022[94] - The company has no significant foreign exchange risk as all revenue-generating activities and borrowings are conducted in HKD and RMB[77]

Financial Performance - Total revenue increased by HKD 84.7 million or 38.2% to approximately HKD 306.6 million for the year ended March 31, 2022, compared to approximately HKD 221.9 million for the previous year[8]. - The group recorded a loss attributable to shareholders of approximately HKD 20.5 million, a decrease of HKD 21.5 million from a profit of approximately HKD 1.0 million in the previous year, primarily due to provisions for expected credit losses related to legal disputes[8]. - Revenue from mainland China operations was approximately HKD 154.2 million, demonstrating the effectiveness of the board's strategic decisions despite the pandemic's impact[8]. - The group's revenue increased by approximately HKD 84.7 million or 38.2% to about HKD 306.6 million for the year ended March 31, 2022, compared to HKD 221.9 million for the year ended March 31, 2021[23]. - Direct costs rose by approximately HKD 88.4 million or 42.5% to about HKD 296.4 million for the year ended March 31, 2022, from approximately HKD 208.0 million for the previous year[25]. - Gross profit decreased by about 26.6% to approximately HKD 10.2 million for the year ended March 31, 2022, down from about HKD 13.9 million for the previous year[26]. - Impairment losses under the expected credit loss model amounted to approximately HKD 8.8 million for the year ended March 31, 2022, compared to a reversal of impairment losses of HKD 2.0 million for the previous year[27]. - Administrative and other operating expenses increased by approximately 50.0% to about HKD 22.5 million for the year ended March 31, 2022, from approximately HKD 15.0 million for the previous year[28]. - The group reported a loss of approximately HKD 21.0 million for the year ended March 31, 2022, compared to a profit of approximately HKD 1.0 million for the year ended March 31, 2021[31]. - The group's financing costs decreased from approximately HKD 1.0 million for the year ended March 31, 2021, to approximately HKD 0.4 million for the year ended March 31, 2022, a reduction of about 60%[29]. - The group's income tax expense changed from approximately HKD 0.8 million for the year ended March 31, 2021, to a tax credit of approximately HKD 0.7 million for the year ended March 31, 2022[30]. Business Strategy and Operations - The group plans to continue expanding its mainland China business and diversify into more industry sectors to mitigate risks associated with concentrated operations[10]. - The government set a 5.5% annual economic growth target, reinforcing the board's commitment to invest more resources in the mainland market[10]. - The group will adopt a more cautious approach to its existing business in Hong Kong due to uncertainties from macroeconomic changes and the local pandemic situation[10]. - The board will conduct a thorough review of current operations and explore opportunities in other industries to expand revenue sources and counteract economic downturns[12]. - The group aims to actively seek business opportunities in other industries and develop long-term business plans and strategies to capitalize on market recovery[14]. - The group has maintained strong relationships with major clients, with most relationships lasting between one to ten years[20]. - The group has not encountered any significant difficulties with suppliers or subcontractors during the year[21]. - The group has complied with applicable labor laws and regulations, ensuring good relations with employees without any strikes or labor disputes during the year[22]. Assets and Liabilities - As of March 31, 2022, the group's total assets were approximately HKD 253.8 million, up from approximately HKD 149.4 million in 2021[32]. - The group's interest-bearing borrowings and lease liabilities totaled approximately HKD 16.3 million as of March 31, 2022, down from approximately HKD 25.1 million in 2021[32]. - The group's current ratio was approximately 2.3 times as of March 31, 2022, compared to 4.6 times in 2021[32]. - The group's cash and bank balances were approximately HKD 139.5 million as of March 31, 2022, compared to approximately HKD 30.9 million in 2021[34]. - The group's debt-to-asset ratio decreased to approximately 11.2% as of March 31, 2022, from approximately 21.3% in 2021[36]. - As of March 31, 2022, the group had no significant foreign exchange risk as all revenue-generating operations and borrowings were conducted in HKD and RMB[40]. Investments and Projects - As of March 31, 2022, the group has provided cash flow of approximately HKD 15.5 million for the initial stages of fourteen new projects, with a total contract value of not less than HKD 37.0 million[52]. - The group has incurred approximately HKD 2.6 million in recruiting a project manager and two site supervisors to establish a public housing improvement and maintenance team[54]. - The group has spent about HKD 1.4 million to recruit two designers and one project manager for the development of its interior design and decoration business[54]. - Approximately HKD 6.0 million has been spent on recruiting additional personnel, including a site foreman and two project assistants, to enhance project execution capabilities[57]. - The group has allocated around HKD 3.0 million for the renovation of its new office to accommodate staff expansion and prepare for new opportunities in the residential sector[57]. - The group has utilized approximately HKD 2.5 million for the construction of an interior design and decoration simulation unit in its new office, which will be open to the public[54]. - The group plans to bid for projects exceeding HKD 40.0 million in total contract value for decoration, renovation, and extension works[52]. - The group has participated in nine interior design competitions to enhance its market reputation and demonstrate its capabilities[54]. - The group has completed all projects funded by the cash flow provided for new projects, ensuring that all funds have been utilized appropriately[52]. Shareholder and Dividend Information - The board did not recommend the payment of a final dividend for the year ended March 31, 2022, consistent with the previous year[75]. - The company reported a total distributable reserve of approximately HKD 48.4 million as of March 31, 2022[108]. - The company has adopted a dividend policy aimed at providing shareholders with a share of the group's profits, subject to certain conditions[93]. - The company’s board will consider various factors, including financial performance and operational needs, when recommending dividends[93]. Corporate Governance - The company has established three board committees: the remuneration committee, nomination committee, and audit committee, each with clear written terms of reference[179]. - The company has adopted a board diversity policy to enhance performance through diverse board composition[150]. - The independent auditor for the group was appointed on April 27, 2020, with no changes in the past three years[139]. - The company emphasizes the importance of ongoing professional development for directors to ensure informed contributions to the board[178]. - The company has purchased liability insurance for its directors and senior management[146]. - The company’s consolidated financial statements for the year ending March 31, 2022, were reviewed by the audit committee and deemed compliant with applicable accounting standards and listing rules[187]. - The board of directors is responsible for overseeing the company's internal control, financial monitoring, and risk management systems, with annual reviews conducted[198]. - The company has established risk management procedures that include risk identification, assessment, and mitigation strategies[199].

Standard Development Group Limited 標準發展集團有限公司 股份代號：1867 （於開曼群島註冊成立之有限公司） (Incorporated in the Cayman Islands with limited liability) Stock Code : 1867 Standard Development Group Limited 標準發展集團有限公司 中期報告 Standard Development Group Limited 標準發展集團有限公司 INTERIM REPORT 2021 2021 2021 中期報告 Interim Report 目錄 公司資料 2 中期簡明綜合損益及其他全面收益表 4 中期簡明綜合財務狀況表 5 中期簡明綜合權益變動表 7 中期簡明綜合現金流量表 8 中期簡明綜合財務報表附註 9 管理層討論及分析 22 其他資料 38 1 標準發展集團有限公司 • 2021 年中期報告 公司資料 | --- | --- | |-------------------------------|------------------------------ ...

年度報告 2021 LKS Holding Group Limited 彩 嘉思 控 股集團有限 (於開曼群島註冊成立之有限公司) 股份代號：1867 I 目錄 | --- | --- | |------------------------------|-------| | | | | | | | 公司資料 2 | | | 主席報告 3 | | | 管理層討論及分析 4 | | | 董事及高級管理層履歷 16 | | | 董事會報告 20 | | | 企業管治報告 29 | | | 獨立核數師報告 40 | | | 綜合損益及其他全面收益表 45 | | | 綜合財務狀況表 46 | | | 綜合權益變動表 47 | | | 綜合現金流量表 48 | | | 綜合財務報表附註 49 | | | 財務概要 104 | | 1 樂嘉思控股集團有限公司 | 2021年報 公司資料 董事會 執行董事 劉展程先生（於2021年5月20日獲委任） （於2021 年6月 8日調任為主席及行政總裁） 秦鳴悅女士（於2021年5月20日獲委任） 叶作斌先生（於2021年6月9日獲委任） 黃韻詩女士（主席）（於2021年6月8日 ...

LKS Holding Group Limited 樂嘉思控股集團有限公 司 股份代號：1867 （於開曼群島註冊成立之有限公司） LKS Holding Group Limited LKS Holding Group Limited 樂嘉思控股集團有限公 司 樂嘉思控股集團有限公 司 (Incorporated in the Cayman Islands with limited liability) Stock Code : 1867 2020 2020 Interim Report 中期報告 目錄 中期簡明綜合損益及其他全面收益表 4 中期簡明綜合財務狀況表 5 中期簡明綜合權益變動表 7 中期簡明綜合現金流量表 8 中期簡明綜合財務報表附註 9 管理層討論及分析 20 其他資料 33 公司資料 2 1 樂嘉思控股集團有限公司 2020 年中期報告 公司資料 | --- | --- | |------------------------------------------------------|------------------------------------------------------ ...

年度報告 2020 LKS Holding Group Limited 彩 嘉 思 控 股 集 團 有 限 公 司 (於開曼群島註冊成立之有限公司) 股份代號：1867 公司資料 2 主席報告 3 管理層討論及分析 4 董事及高級管理層履歷 14 董事會報告 19 企業管治報告 28 獨立核數師報告 39 綜合損益及其他全面收益表 44 綜合財務狀況表 45 綜合權益變動表 46 綜合現金流量表 47 綜合財務報表附註 48 財務概要 100 目錄 1 樂嘉思控股集團有限公司 | 2020年報 公司資料 董事會 執行董事 黃韻詩女士（主席） 林瑞華先生（行政總裁） 獨立非執行董事 吳文偉先生 曾傲嫣女士 胡惠基先生 董事委員會 審核委員會 曾傲嫣女士（主席） 吳文偉先生 胡惠基先生 薪酬委員會 胡惠基先生（主席） 曾傲嫣女士 黃韻詩女士 提名委員會 黃韻詩女士（主席） 曾傲嫣女士 胡惠基先生 公司秘書 嚴秀屏女士（資深會計師） 法定代表 黃韻詩女士 嚴秀屏女士（資深會計師） 合規顧問 富比資本有限公司 香港 灣仔 駱克道188號 兆安中心26樓 核數師 華融（香港）會計師事務所有限公司 香港 銅鑼灣 高士威道 ...

LKS Holding Group Limited 樂 嘉 思 控 股 集 團 有 限 公 司 (於開曼群島註冊成立之有限公司) 股份代號：1867 2019 中期報告 公司資料 2 中期簡明綜合損益及其他全面收益表 4 中期簡明綜合財務狀況表 5 中期簡明綜合權益變動表 7 中期簡明綜合現金流量表 8 中期簡明綜合財務報表附註 9 管理層討論與分析 24 其他資料 37 目錄 1 樂嘉思控股集團有限公司 2019 年中期報告 公司資料 董事會 執行董事 黃韻詩女士（主席） 林瑞華先生（行政總裁） 獨立非執行董事 吳文偉先生 曾傲嫣女士 胡惠基先生 董事委員會 審核委員會 曾傲嫣女士（主席） 吳文偉先生 胡惠基先生 薪酬委員會 胡惠基先生（主席） 曾傲嫣女士 黃韻詩女士 提名委員會 黃韻詩女士（主席） 曾傲嫣女士 胡惠基先生 公司秘書 嚴秀屏女士（資深會計師） 法定代表 黃韻詩女士 嚴秀屏女士（資深會計師） 合規顧問 富比資本有限公司 香港 灣仔 駱克道188號 兆安中心26樓 核數師 國衛會計師事務所有限公司 香港 中環 畢打街11號 置地廣場 告羅士打大廈31樓 香港法律顧問 陳馮吳律師事務所 （與世澤律 ...