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EPRINT集团(01884) - 2025 - 年度业绩
2025-06-26 11:27
eprint GROUP LIMITED eprint 集團有限公司 (於開曼群島註冊成立之有限公司) (股份代號︰1884) 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,概不會就本公告全部或任 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。 截至二零二五年三月三十一日止年度的 全年業績公告 財務摘要 – 1 – • 截至二零二五年及二零二四年三月三十一日止年度,本集團的收益分別為 約292,600,000港元及約316,300,000港元。 • 截至二零二五年三月三十一日止年度,本集團之毛利約為114,200,000港元, 較截至二零二四年三月三十一日止年度之毛利減少約4.2%,毛利率由截 至二零二四年三月三十一日止年度的約37.7%增長至截至二零二五年三月 三十一日止年度的約39.0%。 • 截至二零二五年三月三十一日止年度,本公司權益持有人應佔年內虧損約 為6,100,000港元,較截至二零二四年三月三十一日止年度減少虧損約2,200,000 港元。 • 於二零二五年三月三十一日,本集團現金及現金等值項目約為1 ...
EPRINT集团(01884.HK)4月17日收盘上涨8.26%,成交4.74万港元
Jin Rong Jie· 2025-04-17 08:37
公司的生产主要於香港观塘的工场进行,总销售面积约为47,100平方尺,大部份的生产工序由公司的综合 信息系统、e-print管理系统监控。 (以上内容为金融界基于公开消息,由程序或算法智能生成,不作为投资建议或交易依据。) 财务数据显示,截至2024年9月30日,EPRINT集团实现营业总收入1.36亿元,同比减少3.82%;归母净 利润-619.98万元,同比增长24.15%;毛利率38.81%,资产负债率36.67%。 机构评级方面,目前暂无机构对该股做出投资评级建议。 行业估值方面,工用支援行业市盈率(TTM)平均值为19.74倍,行业中值4.37倍。EPRINT集团市盈 率-9.8倍,行业排名第34位;其他中宝新材(02439.HK)为2.62倍、盛龙锦秀国际(08481.HK)为2.63 倍、常达控股(01433.HK)为2.64倍、万成集团股份(01451.HK)为4.37倍、力图控股(01008.HK) 为4.47倍。 资料显示,eprint集团有限公司於香港从事为众多不同类别的客户提供纸品印刷服务。公司透过其於香 港的广泛销售渠道、完善的资讯科技基础设施及生产设施,向客户提供便捷、快速及优质的 ...
EPRINT集团(01884) - 2025 - 中期财报
2024-12-19 08:32
Financial Performance - The Group's revenue for the six months ended September 30, 2024, was approximately HK$150.4 million, a decrease of about 3.8% compared to approximately HK$156.4 million for the same period in 2023[11]. - The gross profit for the same period was approximately HK$58.4 million, slightly up from approximately HK$58.2 million in 2023, with the gross profit margin increasing from approximately 37.2% to approximately 38.8%[12]. - The loss attributable to equity holders for the period was approximately HK$6.9 million, a reduction of approximately HK$2.2 million compared to the loss for the same period in 2023[13]. - Revenue for the six months ended September 30, 2024, was HK$150,425,000, a decrease of 3.8% compared to HK$156,406,000 in the same period of 2023[19]. - Gross profit for the period was HK$58,378,000, with a gross profit margin of 38.8%, slightly improved from HK$58,205,000 in 2023[19]. - Operating loss narrowed to HK$2,545,000, compared to an operating loss of HK$8,915,000 in the previous year, indicating a significant improvement[19]. - Loss for the period was HK$6,087,000, an improvement from HK$8,609,000 in the same period last year[21]. - Total comprehensive loss for the period was HK$3,812,000, compared to HK$9,428,000 in 2023, reflecting a positive trend[21]. Cash and Liquidity - Cash and cash equivalents decreased to approximately HK$89.4 million as of September 30, 2024, down by approximately HK$10.6 million from HK$100 million as of March 31, 2024[14]. - The Group's current ratio decreased from approximately 1.2 times as of March 31, 2024, to approximately 1.1 times as of September 30, 2024, primarily due to increased bank borrowings for property purchases[14]. - The company reported a net cash generated from operating activities of HK$8,927,000 for the six months ended 30 September 2024, compared to a net cash used of HK$8,501,000 in the same period of 2023[36]. - The company’s cash and cash equivalents at the end of the period stood at HK$89,421,000, down from HK$116,359,000 at the end of the same period last year[38]. - Cash flows from financing activities resulted in a net cash used of HK$3,098,000 for the six months ended 30 September 2024, compared to a net cash generated of HK$7,388,000 in the same period of 2023[38]. Assets and Liabilities - Total assets increased to HK$386,488,000 as of September 30, 2024, up from HK$378,654,000 as of March 31, 2024[24]. - Total equity attributable to equity holders of the Company was HK$244,756,000, slightly up from HK$244,068,000 at the end of March 2024[26]. - Current liabilities totaled HK$121,607,000, an increase from HK$106,109,000 in March 2024, indicating a rise in short-term obligations[26]. - The balance of retained earnings decreased to HK$66,807,000 as of 30 September 2024, compared to HK$77,965,000 as of 30 September 2023[32]. - The total carrying amount of other financial assets at amortized cost decreased to HK$4,488,000 as of 30 September 2024 from HK$34,488,000 as of 30 September 2023, indicating a significant reduction of approximately 87%[106]. Financial Instruments and Risks - The Group's financial assets measured at fair value through profit or loss amounted to HK$10,578,000 as of September 30, 2024, compared to HK$8,994,000 as of March 31, 2024, indicating an increase of approximately 17.6%[63][64]. - The Group is exposed to various financial risks, including market risk, credit risk, and liquidity risk, which are essential considerations for financial management[58]. - The Group's financial risk management practices are crucial for mitigating potential impacts from market fluctuations and ensuring liquidity[58]. - The nominal value of financial assets and liabilities with a maturity of less than one year is assumed to approximate their fair values, reflecting effective liquidity management[58]. Segment Information - Revenue for the six months ended September 30, 2024, totaled HK$150,425,000, with paper printing contributing HK$100,230,000, banner printing HK$48,385,000, and yacht financing HK$1,810,000[77]. - The Group's operating segments include paper printing, banner printing, and yacht financing, with performance assessed based on gross profit less selling and distribution expenses[76]. - Total segment assets were HK$283,934,000, an increase from HK$266,377,000 as of March 31, 2024[84]. Acquisitions and Investments - The Group completed a step acquisition of Top Success BVI, acquiring 77.5% of the company for a total consideration of HK$18,000,000[151]. - A loss of approximately HK$563,000 was recognized on the step acquisition of Top Success BVI, which was recorded under "Other gains/(losses) – net" in the income statement[152]. - e-banner Limited conditionally agreed to acquire WAB2 Group (HK) Limited for HK$28,861,000, with the acquisition completed on 13 July 2023[162]. Related Party Transactions - The total emoluments payable to related parties amounted to HK$1,697,000, an increase from HK$1,474,000 in the previous year[194]. - The company engaged in related party transactions, including rental expenses and emoluments, which were conducted in the normal course of business[193]. - The directors believe that all related party transactions were carried out at terms negotiated between the Group and the respective related parties[193].
EPRINT集团(01884) - 2025 - 中期业绩
2024-11-26 10:21
Financial Performance - For the six months ended September 30, 2024, the group's revenue was approximately HKD 150,400,000, a decrease from approximately HKD 156,400,000 for the same period in 2023, representing a decline of about 3.2%[4] - The gross profit for the six months ended September 30, 2024, was approximately HKD 58,400,000, compared to approximately HKD 58,200,000 for the same period in 2023, with a gross margin increase from 37.2% to 38.8%[4] - The operating loss for the six months ended September 30, 2024, was HKD 2,545,000, significantly improved from an operating loss of HKD 8,915,000 for the same period in 2023[8] - The net loss attributable to equity holders for the six months ended September 30, 2024, was HKD 6,875,000, compared to a net loss of HKD 9,064,000 for the same period in 2023, indicating a reduction in loss of approximately 24.5%[11] - Other income for the six months ended September 30, 2024, was HKD 2,157,000, compared to HKD 2,455,000 for the same period in 2023, showing a decrease of approximately 12.1%[8] - The total loss before tax for the six months ended September 30, 2024, was HKD 8,017 thousand, compared to HKD 8,609 thousand in 2023, indicating a decrease of about 6.9%[39] Assets and Liabilities - The total assets as of September 30, 2024, amounted to HKD 386,488,000, an increase from HKD 378,654,000 as of March 31, 2024[13] - Total liabilities increased to HKD 141,732,000 from HKD 134,586,000, indicating a rise of approximately 5.4%[15] - The company's total assets reached HKD 386,488,000, up from HKD 378,654,000, reflecting a growth of about 2.2%[15] - As of September 30, 2024, total equity amounted to HKD 244,756,000, a slight increase from HKD 244,068,000 as of March 31, 2024[15] - The company's total liabilities increased to HKD 283,934 thousand as of September 30, 2024, from HKD 266,377 thousand as of March 31, 2024, representing an increase of approximately 6.6%[37] Cash Flow and Financing - Cash and cash equivalents decreased to approximately HKD 89,400,000 as of September 30, 2024, down from HKD 100,000,000 as of March 31, 2024, reflecting a decrease of about 10.6%[6] - The current ratio decreased from approximately 1.2 times as of March 31, 2024, to about 1.1 times as of September 30, 2024, primarily due to increased bank borrowings for property purchases[6] - The total bank borrowings increased from approximately HKD 41,000,000 to HKD 54,400,000, an increase of about HKD 13,400,000 due to new property mortgage loans[100] - Financing income decreased to HKD 1,020 thousand for the six months ended September 30, 2024, down from HKD 2,461 thousand in 2023, reflecting a decline of approximately 58.6%[40] - The company incurred financing costs of HKD 1,931 thousand for the six months ended September 30, 2024, compared to HKD 1,620 thousand in 2023, an increase of about 19.2%[43] Investments and Acquisitions - The company completed a step acquisition of 77.5% equity in Northern Ding Sheng Investment Holdings Limited for a total consideration of HKD 14,500,000, resulting in a loss of approximately HKD 563,000 recognized in the income statement[58] - The identifiable net assets of Northern Ding Sheng at the acquisition date were valued at HKD 19,950,000, with non-controlling interests of HKD 4,500,000 deducted[62] - The acquisition of WAB2 Group was completed for HKD 28,861,000, with a preliminary bargain purchase gain of HKD 1,113,000 recognized[70] - The company acquired two properties in Hong Kong for a total consideration of HKD 19,560,000, with Property One priced at HKD 9,156,000 and Property Two at HKD 10,404,000[73] Operational Highlights - The paper printing segment generated revenue of approximately HKD 100,200,000 for the six months ended September 30, 2024, down from HKD 110,300,000 in the prior year, representing a decline of about 9.5%[80] - The banner printing segment's revenue increased from approximately HKD 46,100,000 to HKD 48,400,000, reflecting a growth of about 5.0%[83] - The yacht financing segment reported revenue of approximately HKD 1,800,000 for the six months ended September 30, 2024[85] - The new yacht financing segment contributed to the improvement in gross margin due to the gradual transformation and enhancement of digital printing in the paper printing division[4] - The group plans to continue investing in digital printing to enhance competitiveness and maintain profitability in a dynamic business environment[86] Shareholder Information - The company did not declare an interim dividend for the six months ended September 30, 2024[6] - As of September 30, 2024, the total number of issued ordinary shares is 550,000,000[103] - The company has not declared an interim dividend for the six months ended September 30, 2024, consistent with the previous year[116] Miscellaneous - The group operates primarily in Hong Kong, with no geographical segment reporting due to the concentration of assets and operations[30] - The company has adopted revised standards and interpretations effective from April 1, 2024, with no significant impact on accounting policies or financial performance[22] - The group has not incurred any significant contingent liabilities as of September 30, 2024[113] - The group has not purchased, redeemed, or sold any of its listed securities during the six months ended September 30, 2024[117] - The audit committee has reviewed the unaudited condensed interim consolidated financial information for the six months ended September 30, 2024[121]
EPRINT集团(01884) - 2024 - 年度财报
2024-07-17 08:35
Financial Performance - Other income increased from approximately HK$4.4 million for the year ended 31 March 2023 to approximately HK$5.2 million for the year ended 31 March 2024, representing an increase of approximately 18.2%[26] - The Group reported a net loss of approximately HK$6.2 million for the year ended 31 March 2024, an increase of approximately HK$3.9 million compared to HK$2.3 million for the year ended 31 March 2023[26] - Selling and distribution expenses represented approximately 10.4% of revenue for the year ended 31 March 2024, up from approximately 9.5% for the year ended 31 March 2023[26] - Administrative expenses decreased by approximately HK$9.7 million, mainly due to the absence of share-based payment expenses of approximately HK$17.1 million from the grant of share options in December 2022[26] - The significant increase in net loss was mainly attributable to losses on disposals of property, plant, and equipment of approximately HK$4.4 million[26] - For the year ended March 31, 2024, the Group reported revenue of approximately HK$316.3 million, a slight decrease from approximately HK$317.4 million for the year ended March 31, 2023[46] - The gross profit for the year ended March 31, 2024, was approximately HK$119.2 million, representing a decrease of approximately 3.5% compared to the previous year[46] - The gross profit margin decreased from approximately 38.9% for the year ended March 31, 2023, to approximately 37.7% for the year ended March 31, 2024[46] - The current ratio as of March 31, 2024, was 1.2, down from 1.9 as of March 31, 2023[49] - The gearing ratio increased to 36.1% as of March 31, 2024, compared to 27.4% as of March 31, 2023[49] Cash and Investments - As of March 31, 2024, the Group's bank balances and cash were approximately HK$100.0 million, a decrease of approximately HK$25.0 million compared to HK$125.0 million as of March 31, 2023, primarily due to property acquisitions during the year[27] - The Group's cash and cash equivalents decreased mainly due to the acquisition of properties, indicating a strategic focus on property investment[27] - The Group has no plans for any material investments or capital assets as of March 31, 2024[30] - The Group had capital commitments of approximately HK$9.5 million as of 31 March 2024, compared to nil as of 31 March 2023[52] - The Group holds various investments classified as financial assets at fair value through profit or loss, in addition to investments in subsidiaries, joint ventures, and an associate[52] Acquisitions - On June 1, 2023, e-banner Limited agreed to acquire 10,000 shares in WAB2 Group (HK) Limited for HK$28,861,000, representing the entire issued share capital of WAB2[30] - The completion of the acquisition of WAB2 took place on July 13, 2023, and WAB2's financial results are now consolidated into the Group's financial statements[30] - The principal assets of WAB2 include properties located at Kwun Tong Industrial Centre, with specific units identified[30] - The Group had no material acquisition or disposal of subsidiaries, associates, and joint ventures during the year ended March 31, 2024[30] Employee and Workplace Policies - The Group employed a total of 340 employees as of March 31, 2024[33] - Employees at officer and managerial grades are entitled to 11 days and 14 days of annual leave respectively in their first year of employment[32] - The Group has established "Human Resources Operation Procedures" to ensure compliance with labor laws and regulations affecting recruitment, promotion, and working hours[32] - The Group has established an "Anti-discrimination Policy" to ensure a fair working environment for all employees[38] - The company emphasizes a positive corporate culture and a friendly, inclusive work environment to enhance employee well-being and job satisfaction[84] - The company received recognition for promoting workplace happiness, indicating a focus on employee engagement and satisfaction[85] - The new Employee Lounge inaugurated in November 2023 spans 1,701 square feet and is equipped with essential amenities and recreational options for employees[56] Governance and Board Structure - The Board held four meetings during the year ended 31 March 2024, allowing Directors to include matters in the agenda and review documents in advance[65] - One general meeting was held during FY2023/24, specifically the 2023 annual general meeting on 22 August 2023[77] - The Board consists of independent non-executive Directors with diverse qualifications and experience, ensuring effective governance and independence[106] - All Directors are required to participate in continuous professional development to keep their knowledge and skills relevant[104] - The company has a balanced board composition to ensure strong independence and effective leadership[89] - The company has established mechanisms to obtain independent opinions and ensure the Board's responsibilities are fulfilled effectively[99] - The company is committed to reviewing its Board structure and diversity policy annually to comply with Listing Rules[98] - The company has appointed a new independent non-executive Director effective from July 1, 2023, to maintain board independence[94] - The Nomination Committee held one meeting during FY2023/24 to review the structure, size, and diversity of the Board, assess the independence of each independent non-executive Director, and discuss the re-election of Directors[120] - The Company aims to promote female staff with long and relevant experience in the printing industry to senior management or directorship positions[117] - The Nomination Committee emphasizes the importance of candidates' qualifications and experience in the printing business for Board nominations[144] Audit and Compliance - The Audit Committee reviewed the annual results for FY2022/23, confirming compliance with applicable accounting standards and Listing Rules[161] - The accounts for FY2023/24 were audited by PricewaterhouseCoopers (PwC), with a recommendation for re-appointment at the 2024 AGM[162] - The Audit Committee held three meetings in FY2023/24, with all members in attendance[159] - The Audit Committee is responsible for overseeing the financial reporting system and risk management of the Group[179] - The existing risk management and internal control systems will be reviewed annually by the Audit Committee[186] - The Company established an Audit Committee on 13 November 2013, with its terms of reference revised to comply with the CG Code[178] - The audit fee for the year included HK$1,522,000 for audit services and HK$140,000 for non-audit services[191] - The Company engaged Greenfield Services Limited for compliance and company secretarial services to adapt to regulatory changes[191] Shareholder Rights and Communication - The board considers a balance between retaining adequate reserves for future growth and rewarding shareholders when declaring dividends[193] - Shareholders have the right to convene an extraordinary general meeting if they hold at least 10% of the paid-up capital[198] - Shareholders can send written inquiries to the Company Secretary at the principal place of business in Hong Kong[199]
EPRINT集团(01884) - 2024 - 年度业绩
2024-06-25 11:27
Financial Performance - For the fiscal year ending March 31, 2024, the group's revenue from continuing operations was approximately HKD 316.3 million, slightly down from HKD 317.4 million in the previous year, representing a decrease of about 0.4%[3] - The gross profit for the fiscal year ending March 31, 2024, was approximately HKD 119.2 million, a decrease of about 3.5% from HKD 123.6 million in the previous year, with the gross margin declining from approximately 38.9% to 37.7%[3] - The loss attributable to equity holders of the company for the fiscal year was approximately HKD 8.3 million, an improvement of about HKD 3.4 million compared to a loss of HKD 11.7 million in the previous year[3] - The basic and diluted loss per share attributable to equity holders for the year was HKD 1.51, an improvement from HKD 2.12 in the previous year[5] - The company reported a loss before tax of HKD 6,084,000 for the fiscal year ending March 31, 2024, with a net loss of HKD 6,900,000[21] - The company reported a loss of HKD 10,258,000 for the year, compared to a loss of HKD 14,243,000 in the previous year, indicating an improvement[31] - The group recorded a loss attributable to equity holders of approximately HKD 8,300,000 for the year ended March 31, 2024, a decrease in loss of approximately HKD 3,400,000 compared to the previous year[57] Assets and Liabilities - As of March 31, 2024, the group's cash and cash equivalents were approximately HKD 100 million, a decrease of about HKD 25 million from HKD 125 million in the previous year, primarily due to property acquisitions[3] - The total assets of the group as of March 31, 2024, were approximately HKD 378.7 million, compared to HKD 372.6 million in the previous year, reflecting a slight increase of about 1.4%[6] - The total liabilities increased to approximately HKD 134.6 million as of March 31, 2024, from HKD 120.8 million in the previous year, representing an increase of about 11.4%[7] - The group's total bank borrowings increased to approximately HKD 41,000,000 as of March 31, 2024, from approximately HKD 22,700,000 as of March 31, 2023, an increase of approximately HKD 18,300,000 due to new property acquisitions[61] - As of March 31, 2024, the group has pledged properties with a total book value of approximately HKD 105,500,000 and machinery valued at approximately HKD 18,800,000 as collateral for lease liabilities and mortgage loans respectively[72][73] Capital Expenditure - The company incurred a capital expenditure of HKD 27,474,000 during the fiscal year, which included the acquisition of property, plant, and equipment[21] - The capital expenditure for the year ending March 31, 2024, was approximately HKD 27,500,000, a significant increase of approximately HKD 19,800,000 compared to HKD 7,700,000 in 2023, primarily due to property acquisitions[73] - The company invested approximately HKD 13,280,000 in a new Miyakoshi digital printing machine to enhance its production capabilities[39] Revenue Breakdown - For the fiscal year ending March 31, 2024, total revenue from continuing operations was HKD 316,277,000, with paper printing contributing HKD 224,356,000 and spray printing contributing HKD 92,956,000[21] - The segment revenue from paper printing was HKD 228,207,000, while the revenue from spray printing was HKD 89,936,000, contributing to the overall revenue[23] - The spray printing business revenue increased by approximately HKD 2,900,000 or about 3.2% to HKD 92,700,000 for the year ended March 31, 2024[44] Expenses and Cost Management - The company’s employee benefit expenses decreased to HKD 104,333,000 from HKD 113,794,000, reflecting cost management efforts[28] - Selling and distribution expenses accounted for approximately 10.4% of revenue for the year ended March 31, 2024, up from approximately 9.5% for the year ended March 31, 2023, with an increase in expenses of approximately HKD 2,700,000[50] - Administrative expenses decreased by approximately HKD 9,700,000, primarily due to the absence of equity payment expenses from stock options granted in December 2022, offset by increases in employee benefits and outsourced customer support expenses of approximately HKD 2,400,000 each[51] Financing Activities - The company reported a net financing income of approximately HKD 1.4 million for the fiscal year, down from HKD 2.4 million in the previous year[4] - The company reported a financing income of HKD 4,952,000 and financing costs of HKD 3,518,000 for the fiscal year ending March 31, 2024[21] - Financing income for the year was HKD 4,952,000, compared to HKD 3,924,000 in the previous year, showing a growth in financing activities[29] - Financing costs increased significantly by approximately HKD 2,000,000, primarily due to increases in lease liabilities and bank borrowing interest expenses of approximately HKD 1,400,000 and HKD 600,000, respectively[53] Corporate Governance and Compliance - The company has adopted the corporate governance code and has complied with its provisions, except for the separation of the roles of chairman and CEO[83] - The audit committee, consisting of four independent non-executive directors, reviewed the group's audited consolidated financial statements for the year ending March 31, 2024[84] - The annual report for the year ending March 31, 2024, will be published by July 31, 2024, in compliance with listing rules[87] Dividends and Shareholder Returns - The company did not recommend the payment of a final dividend for the fiscal year ending March 31, 2024[3] - The board of directors did not recommend the payment of a final dividend for the year ending March 31, 2024, consistent with the previous year[79] Discontinued Operations - The company has terminated its property agency services segment, which has been reclassified as discontinued operations[16]
EPRINT集团(01884) - 2024 - 中期财报
2023-12-15 08:42
Financial Performance - The revenue from continuing operations for the six months ended September 30, 2023, was approximately HK$156.4 million, a slight decrease of approximately 0.3% compared to HK$156.8 million for the same period in 2022[10]. - The gross profit from continuing operations for the six months ended September 30, 2023, was approximately HK$58.2 million, representing a decrease of approximately 5.7% from HK$61.7 million for the same period in 2022, with the gross profit margin declining from approximately 39.4% to approximately 37.2%[11]. - The loss attributable to equity holders from continuing operations for the six months ended September 30, 2023, was approximately HK$9.1 million, compared to a profit of approximately HK$1.0 million for the same period in 2022[11]. - Revenue for the six months ended September 30, 2023, was HK$156,406,000, a slight decrease of 0.26% compared to HK$156,814,000 in the same period of 2022[15]. - Gross profit decreased to HK$58,205,000, down 6.15% from HK$61,746,000 year-over-year[15]. - Operating loss for the period was HK$8,915,000, compared to an operating profit of HK$4,499,000 in the previous year[15]. - Total comprehensive loss for the period amounted to HK$9,428,000, compared to a comprehensive income of HK$2,935,000 in the prior year[16]. - The company reported a comprehensive loss of HK$9,428,000 for the six months ended September 30, 2023, compared to a profit of HK$3,986,000 for the same period in the previous year[25]. Cash Flow and Liquidity - The cash and cash equivalents decreased to approximately HK$116.4 million as of September 30, 2023, down approximately HK$8.7 million from HK$125.1 million as of March 31, 2023[13]. - Cash generated from operations for the six months ended September 30, 2023, was HK$ (7,354,000), a decrease from HK$ 38,635,000 in the same period of 2022, representing a decline of approximately 119%[27]. - Net cash used in investing activities for the six months ended September 30, 2023, was HK$ (7,829,000), compared to HK$ (2,594,000) in the same period of 2022, indicating an increase in cash outflow of approximately 202%[29]. - Net cash generated from financing activities was HK$ 7,388,000 for the six months ended September 30, 2023, compared to a net cash used of HK$ (12,316,000) in the same period of 2022, reflecting a turnaround in financing cash flow[29]. - Cash and cash equivalents at the end of the period were HK$ 116,359,000, down from HK$ 136,333,000 at the end of the same period in 2022, representing a decrease of approximately 15%[29]. Assets and Liabilities - Non-current assets increased to HK$240,525,000 as of September 30, 2023, up from HK$205,981,000 as of March 31, 2023[21]. - Total equity decreased from HK$251,790,000 as of March 31, 2023, to HK$242,362,000 as of September 30, 2023, representing a decline of approximately 3.4%[22]. - Current liabilities increased from HK$87,932,000 to HK$115,803,000, reflecting a rise of about 31.6%[22]. - Total liabilities rose from HK$120,818,000 to HK$149,617,000, marking an increase of approximately 23.9%[22]. - The carrying amounts of the Group's financial assets and liabilities approximate their fair values due to short maturities and market interest rates as of September 30, 2023[62]. Segment Information - Revenue for the six months ended September 30, 2023, was derived solely from paper printing and banner printing segments, with no external customers contributing over 10% of the Group's revenue[82]. - The Group's operating segments include paper printing (from the "e-print" brand) and banner printing (from the "e-banner" brand)[79]. - The segment results for paper printing showed a loss of HK$12,139,000, while banner printing generated a profit of HK$3,224,000, resulting in an overall loss of HK$8,915,000 for continuing operations[89]. - For the six months ended September 30, 2023, total revenue was HK$156,406,000, with external customer revenue from paper printing at HK$110,261,000 and banner printing at HK$46,145,000[89]. Financial Risks and Management - The Group's activities expose it to various financial risks, including market risk, credit risk, and liquidity risk[56]. - The Group is in the process of assessing the accounting implications of the abolition of the Mandatory Provident Fund – Long Service Payment offsetting mechanism[54]. - The Group's financial risk management information should be read in conjunction with the consolidated financial statements for the year ended March 31, 2023[57]. Corporate Actions and Governance - The Board did not declare the payment of an interim dividend for the six months ended September 30, 2023[14]. - The share option scheme was terminated on August 22, 2023, with no further options to be granted, although outstanding options remain valid[166]. - The New Share Option Scheme was adopted on August 24, 2023, allowing the Group to grant up to 55,000,000 new shares as options to eligible participants[173]. - As of September 30, 2023, there were 44,000,000 share options outstanding at an exercise price of HK$0.79, down from 49,500,000 at the beginning of the period[170]. Management and Personnel - Emoluments payable to key management personnel totaled HK$3.822 million for the six months ended September 30, 2023, up from HK$2.808 million in 2022, representing an increase of 36%[196]. - The Group's total emoluments for directors increased slightly from HK$1.365 million in 2022 to HK$1.474 million in 2023, an increase of 8%[196].
EPRINT集团(01884) - 2024 - 中期业绩
2023-11-24 11:45
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,概不會就本公告全部或任 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。 eprint GROUP LIMITED eprint 集團有限公司 (於開曼群島註冊成立之有限公司) (股份代號︰1884) 截至二零二三年九月三十日止六個月的 中期業績公告 財務摘要 • 截至二零二三年及二零二二年九月三十日止六個月,本集團持續經營業務 收益分別約為156,400,000港元及156,800,000港元。 • 截至二零二三年九月三十日止六個月,本集團持續經營業務毛利約為 58,200,000港元,較截至二零二二年九月三十日止六個月減少約5.7%,而 毛利率由截至二零二二年九月三十日止六個月的約39.4%下降至截至二零 二三年九月三十日止六個月的約37.2%。毛利率下降的主要原因為本期間並 無香港特別行政區政府就業援助計劃的補助(「就業援助計劃補貼」),並導 致員工成本增加及毛利下降。 ...
EPRINT集团(01884) - 2023 - 年度财报
2023-07-27 08:31
Financial Performance - The Group's revenue from continuing operations for the year ended 31 March 2023 was approximately HK$317.4 million, an increase of approximately HK$17.1 million compared to the previous year[12]. - The gross profit from continuing operations for the year ended 31 March 2023 was approximately HK$123.6 million, representing a 13.1% increase from the previous year, with the gross profit margin improving from approximately 36.4% to 38.9%[12]. - The loss attributable to equity holders of the Company from continuing operations for the year ended 31 March 2023 was approximately HK$11.7 million, compared to a profit of approximately HK$2.0 million for the previous year[12]. - Excluding share-based payment expenses of approximately HK$17.1 million, the Group would have recorded a profit of approximately HK$5.4 million from continuing operations for the year ended 31 March 2023[15]. - For the year ended March 31, 2023, the Group reported revenue from continuing operations of approximately HK$317.4 million, representing an increase of approximately HK$17.1 million or approximately 5.7% compared to HK$300.3 million for the previous year[30]. - The Group recorded a loss from continuing operations attributable to equity holders of approximately HK$11.7 million for the year ended March 31, 2023, compared to a profit of approximately HK$2.0 million for the year ended March 31, 2022[31]. - Other income from continuing operations increased from approximately HK$3.3 million for the year ended 31 March 2022 to approximately HK$4.4 million for the year ended 31 March 2023, mainly due to increased sales of scrap materials[100]. Operational Efficiency and Strategy - The management expects the macroeconomic environment to improve in the long run, allowing the Group to maintain profitability and capture growth opportunities[16]. - The Group plans to enhance resources in manpower, new printing technology, and production facilities to improve efficiency and attract industry talent[16]. - The Group plans to enhance resources and strengthen cost control to maintain competitive pricing and develop new business lines and customized products to improve competitiveness[21]. - Management will continue to strengthen core business and enhance operational efficiency while exploring different business opportunities for better growth prospects[22]. - The Group aims to create sustainable, stable, and growing returns for shareholders through strong performance and excellent results[22]. - The Group's financial performance reflects a strategic shift following the disposal of non-core operations, aiming to enhance profitability in core segments[37]. - The Group's investment in new printing technology is expected to enhance operational efficiency and product offerings[45]. Market Recovery and Business Development - The printing businesses showed recovery from the impacts of COVID-19, leading to increased sales orders throughout the year[14]. - The strategic focus on the banner printing segment aligns with market demand for digital printing solutions, positioning the Group for future growth[36]. - The Group's ongoing operations focus on expanding the e-banner brand, which offers a wide range of digital printing products[39]. - The Group will explore business opportunities for further development, including diversifying the business portfolio and integrating with market stakeholders[88]. - The management team will actively monitor the macroeconomic environment to maintain profitability as the market recovers from the impacts of COVID-19[19]. Corporate Governance - The company has complied with the Corporate Governance Code except for the separation of the roles of chairman and CEO, which are held by the same individual, Mr. She Siu Kee William[159]. - The board consists of six directors, including two executive directors, one non-executive director, and three independent non-executive directors, ensuring a balanced composition for effective leadership[167]. - The company is committed to enhancing shareholder value through good corporate governance standards and practices[157]. - The board is responsible for setting overall strategy and reviewing the group's operational and financial performance[166]. - The management has been delegated authority for daily operations, while the board retains decision-making power for major acquisitions and significant operational matters[171]. - The Board held two general meetings during FY2022/23, including the annual general meeting on September 30, 2022, and an extraordinary general meeting on March 6, 2023[184]. - All independent non-executive Directors have confirmed their independence annually, and the Company considers them independent under Rule 3.13 of the Listing Rules[196]. Employee and Shareholder Matters - The Board did not recommend the payment of a final dividend for the year ended 31 March 2023[12]. - Employee benefits expenses increased to approximately HK$113.8 million for the year ended March 31, 2023, up from HK$83.0 million in 2022, primarily due to share-based payment expenses of approximately HK$17.1 million[151]. - The company offered 49,500,000 share options to eligible employees, representing 9% of the issued share capital, subject to acceptance and payment of HK$1.00[66]. - The company granted a total of 49,500,000 share options to eligible employees, representing 9% of the company's issued share capital[68].
EPRINT集团(01884) - 2023 - 年度业绩
2023-06-28 14:59
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,概不會就本公告全部或任 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。 eprint GROUP LIMITED eprint 集團有限公司 (於開曼群島註冊成立之有限公司) (股份代號︰1884) 截至二零二三年三月三十一日止年度的 全年業績公告 財務摘要 • 截至二零二三年三月三十一日止年度,本集團持續經營業務收益約為 317,400,000港元,較截至二零二二年三月三十一日止年度增加約17,100,000 港元。 • 截至二零二三年三月三十一日止年度,本集團持續經營業務毛利約為 123,600,000港元,較截至二零二二年三月三十一日止年度之毛利增加約 13.1%,毛利率由截至二零二二年三月三十一日止年度的約36.4%提高至截 至二零二三年三月三十一日止年度的約38.9%。 ...