MBV International Limited 目 錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 管理層討論與分析 | 5 | | 其他資料 | 8 | | 簡明綜合損益及其他全面收益表 | 14 | | 簡明綜合財務狀況表 | 15 | | 簡明綜合權益變動表 | 16 | | 簡明綜合現金流量表 | 17 | | 簡明綜合財務報表附註 | 19 | 公司資料 執行董事 拿督Tan Meng Seng （主席） 拿督Tan Mein Kwang （首席執行官） Tan Beng Sen先生 侯豔麗女士 拿汀Kong Siew Peng 獨立非執行董事 徐倩珩女士 區永源先生 余致力先生 公司秘書 林海琪女士 （HKICPA） 審核委員會 徐倩珩女士 （主席） 區永源先生 余致力先生 薪酬委員會 區永源先生 （主席） 徐倩珩女士 余致力先生 提名委員會 余致力先生 （主席） 徐倩珩女士 區永源先生 授權代表 拿督Tan Meng Seng 林海琪女士 註冊辦事處 Windward 3, Regatta Office Park PO Box 1350 Grand C ...

大人国际(01957)发布截至2025年6月30日止6个月中期业绩，收益约8730万令吉，同比减少约5.8%;股东 应占溢利约820万令吉，同比增加约32.3%;每股盈利约1.30仙令吉。 ...

智通财经APP讯，大人国际(01957)发布截至2025年6月30日止6个月中期业绩，收益约8730万令吉，同比 减少约5.8%;股东应占溢利约820万令吉，同比增加约32.3%;每股盈利约1.30仙令吉。 ...

格隆汇8月22日丨大人国际(01957.HK)发布公告，截至2025年6月30日止六个月，集团录得未经审核收益 约87,300,000令吉，同比减少约5.8%；集团期间录得公司拥有人应占期内溢利约8,200,000令吉，较去年 同期的约6,200,000令吉增加约32.3%；期间录得公司拥有人应占每股盈利约1.30仙令吉，较去年同期的 约0.99仙令吉增加约31.3%。 ...

截至2025年6月30日止六個月之中期業績公告 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，概不就因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 MBV INTERNATIONAL LIMITED 中國大人國際有限公司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （股份代號：1957） 財務摘要 截至2025年6月30日止六個月（「本期間」）： 中國大人國際有限公司（「本公司」）董事（「董事」）會（「董事會」）提呈本公司及其附屬公司 （統稱「本集團」）於本期間的未經審核中期業績，連同去年同期的比較數字如下。中期業 績未經外聘核數師審核，惟已經本公司審核委員會審閱。 — 1 — • 本集團（定義見下文）錄得未經審核收益約87,300,000令吉，較截至2024年6月30日止 六個月（「去年同期」）的約92,700,000令吉減少約5.8%； • 本集團於本期間錄得本公司擁有人應佔期內溢利約8,200,000令吉，較去年同期的約 6,200,000令吉增加約32.3%； • 本集團於 ...

中國大人國際有限公司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （股份代號：1957） 董事會會議通告 中國大人國際有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會議將於2025年8 月22日（星期五）舉行，藉以（其中包括）(i)審議及批准本公司及其附屬公司截至2025年6月 30日止六個月之中期業績及其發佈；(ii)考慮宣派及派發中期股息（如有）；及(iii)處理任何 其他事項。 承董事會命 中國大人國際有限公司 香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司對本公 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，概不就因本 公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 MBV INTERNATIONAL LIMITED 主席及執行董事 拿督Tan Meng Seng 香港，2025年8月12日 於本公告日期，拿督Tan Meng Seng、拿督Tan Mein Kwang、Tan Beng Sen先生、拿汀Kong Siew Peng及侯豔麗女士為執行董事；及徐倩珩女士、區永源先生及余致力先生為獨立非 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國大人國際有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01957 | 說明 | 不適用 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定/ ...

Financial Performance - For the fiscal year ending December 31, 2024, the company's revenue decreased by approximately 4.8% to RM 200.9 million from RM 211.0 million in 2023[10] - Gross profit for the same period was RM 62.6 million, a slight decrease of about 0.4% compared to RM 62.8 million in the previous year, resulting in a gross margin of 31.2%[10] - The company's profit before tax increased to RM 32.7 million, up from RM 30.8 million in 2023, reflecting a growth of approximately 5.6%[10] - The earnings attributable to shareholders rose to RM 22.4 million, compared to RM 20.6 million in 2023, marking an increase of about 8.6%[10] - Revenue from printable apparel decreased by RM 12.3 million or 7.1% to RM 160.3 million, primarily due to a 5.6% drop in sales volume attributed to weak consumer spending[17] - Revenue from gift products increased by RM 2.2 million or 5.7% to RM 40.6 million, driven by a 3.2% increase in sales volume due to an expanded product range[18] - Selling and distribution expenses decreased by RM 0.9 million or 8.5% to RM 9.7 million, consistent with the decline in sales[19] - Administrative and other operating expenses increased by RM 2.7 million or 11.9% to RM 25.3 million, mainly due to higher director remuneration and employee-related costs[20] - Income tax expenses decreased by approximately 0.3 million MYR or 3.4% to about 8.4 million MYR due to a reduction in pre-tax profits in Malaysia and Singapore[22] Cash Flow and Assets - As of December 31, 2024, cash and cash equivalents increased to approximately 116.5 million MYR from about 93.2 million MYR, primarily due to a net cash inflow from operating activities of 29.6 million MYR[23] - The current assets and current liabilities as of December 31, 2024, were approximately 169.8 million MYR and 37.6 million MYR, respectively, resulting in a net current asset value of about 132.2 million MYR[27] - The debt-to-equity ratio as of December 31, 2024, was approximately 2.9%, down from 3.3% the previous year, mainly due to the repayment of interest-bearing loans and an increase in equity base[29] - The total employee costs for the year ended December 31, 2024, were approximately 30.7 million MYR, compared to 30.2 million MYR in 2023[30] Strategic Initiatives - The company acquired a 40% stake in Lordan Group Ltd. in November 2023, enhancing its retail sales channels in China and integrating AI into production and sales processes[11] - The company plans to utilize approximately 33.0 million HKD of unutilized proceeds for the acquisition of 20,000 shares of Lordan Group Ltd. by March 2025[37] - The company will continue to expand its market share by increasing and enhancing warehouse capacity and improving logistics processes[25] - The company aims to maintain a prudent approach and healthy cash flow to seize revenue opportunities amid an uncertain economic outlook for 2025[13] Governance and Management - The company has adopted the corporate governance code as per the Listing Rules Appendix C1, ensuring compliance for the fiscal year ending December 31, 2024[57] - The board consists of eight members, including five executive directors and three independent non-executive directors, ensuring a balanced governance structure[67] - The company emphasizes environmental, social, and governance (ESG) reporting, with its ESG report published on both the company and stock exchange websites[59] - The company has established a mechanism to ensure the board receives independent opinions and information, which is reviewed annually[64] - The company has a strong management team with diverse backgrounds in finance, operations, and industry experience[51] Risk Management - The company has established a risk management policy and formal risk assessment system, with identified risks analyzed and prioritized based on their likelihood and impact[127] - The board confirmed the effectiveness and adequacy of the risk management and internal control systems, with no significant issues affecting financial, operational, compliance controls, and risk management functions identified[131] - The audit committee is responsible for reviewing reports from the internal control consultant and ensuring the effectiveness of compliance procedures[125] - The company has implemented a policy for managing insider information to ensure timely and consistent disclosure to stakeholders[131] Shareholder Relations - The board will consider various factors, including actual and expected financial performance, when deciding on dividend declarations[116] - There is no predetermined dividend payout ratio, and the declaration and payment of dividends are at the board's discretion[118] - Shareholders have the right to propose resolutions at the annual general meeting, subject to verification by the company's share registrar[114] - The board regularly reviews the dividend policy to ensure alignment with the company's financial status[120] Employee and Stakeholder Engagement - The company emphasizes the importance of good relationships with employees, suppliers, customers, and other stakeholders to achieve medium to long-term goals[157] - The company made charitable donations of approximately 606,000.00 MYR during the year[190] - The company provides formal and tailored induction training for new directors to ensure understanding of the business and regulatory responsibilities[102] Compliance and Legal Matters - The company has established multiple management systems and measures to ensure compliance with relevant laws and regulations, with no significant violations reported during the year[156] - The company confirmed compliance with a non-competition agreement established on March 21, 2020[196] - The company has no directors with interests in businesses that directly or indirectly compete with its operations[195]

Financial Performance - The company's revenue for the year ended December 31, 2024, decreased by approximately 4.8% to about 200.9 million MYR, compared to 211.0 million MYR for the year ended December 31, 2023[4]. - The profit attributable to the owners of the company for the year was approximately 22.4 million MYR, with basic earnings per share of 3.57 sen, up from 3.28 sen in the previous year[4]. - The total comprehensive income for the year was 23.0 million MYR, slightly down from 23.1 million MYR in the previous year[5]. - The company reported a gross profit margin of approximately 31.2% for the year, compared to 29.8% in the previous year[5]. - The pre-tax profit for the fiscal year ending December 31, 2024, was 32,653 thousand MYR, while the net profit for the same period was 24,240 thousand MYR[27]. - The company reported a net profit of 22,166 thousand MYR for the fiscal year ending December 31, 2023, with a pre-tax profit of 30,820 thousand MYR[29]. - Total revenue for the year ending December 31, 2024, was 200,929 thousand MYR, a decrease of 5.1% from 211,017 thousand MYR in 2023[32]. - Revenue from printable apparel decreased by approximately 7.1% to about 160.3 million MYR, primarily due to a 5.6% drop in sales volume attributed to weak consumer spending[75]. - Revenue from gift products increased by approximately 5.7% to about 40.6 million MYR, driven by a 3.2% increase in sales volume due to an expanded product range[76]. Assets and Liabilities - The company's total assets less current liabilities increased to 224.1 million MYR from 201.4 million MYR in the previous year[6]. - The company's net assets increased to 219.6 million MYR from 196.5 million MYR in the previous year[7]. - Total assets for the reporting segments as of December 31, 2024, amounted to 261,698 thousand MYR, with reported liabilities of 42,138 thousand MYR[30]. - The current assets and current liabilities were approximately MYR 169.8 million and MYR 37.6 million, respectively, compared to MYR 151.9 million and MYR 40.5 million as of December 31, 2023[84]. - The group's interest-bearing borrowings were approximately MYR 4.9 million as of December 31, 2024, down from MYR 5.6 million as of December 31, 2023, resulting in a debt-to-equity ratio of about 2.9%[86]. Cash Flow and Financing - The company’s cash and cash equivalents increased to 116.5 million MYR from 93.2 million MYR in the previous year[6]. - The group reported a cash and cash equivalents balance of approximately 116.5 million MYR as of December 31, 2024, up from approximately 93.2 million MYR in the previous year[81]. - The company’s financing costs increased slightly to 0.074 million MYR from 0.064 million MYR in the previous year[5]. - The company reported a financing cost of 74 thousand MYR for the fiscal year ending December 31, 2024, compared to 64 thousand MYR in 2023[27][29]. - The group has maintained a healthy financial position and sufficient operating funds for future operations[84]. Dividends - The company did not recommend any dividend for the year, consistent with the previous year[4]. - The group does not recommend declaring any dividends for the fiscal year, consistent with the previous year[73]. - The company did not recommend any dividends for the years ending December 31, 2024, and 2023[41]. Investments and Acquisitions - The company plans to acquire 45% of Lordan Group Ltd. for a consideration of HKD 57,218,250 (approximately MYR 34,139,000)[44]. - After the acquisition, the company will hold 40% of Lordan's issued share capital, which will become an associate company[45]. - The initial cash consideration paid for the acquisition was HKD 5,000,000 (approximately MYR 2,983,000)[45]. - The fair value of the contingent consideration post-acquisition is approximately MYR 30,544,000[45]. - The company aims to expand its business scope through the acquisition of associate companies, particularly in the SaaS sector[46]. - The unutilized net proceeds from the IPO, approximately HKD 33.0 million, are scheduled to be paid by March 31, 2025, for the acquisition of shares in Lordan Group Ltd.[93]. Operational Performance - The company experienced a decrease in wholesale revenue from 196,515 thousand MYR in 2023 to 184,448 thousand MYR in 2024, representing a decline of approximately 6.4%[27][29]. - The company’s other income for the fiscal year ending December 31, 2024, was 2,420 thousand MYR, down from 3,075 thousand MYR in 2023[27][29]. - Administrative and other operating expenses increased by approximately 11.9% to about 25.3 million MYR, mainly due to higher director remuneration and employee-related costs[78]. - Total employee costs for the year ended December 31, 2024, were approximately MYR 30.7 million, slightly up from MYR 30.2 million in 2023[87]. Corporate Governance - The board believes the company has complied with all provisions of the corporate governance code during the year[104]. - All directors have adhered to the standards set forth in the code of conduct for securities trading during the year[105]. - The financial results for the year ending December 31, 2024, have been reviewed by the audit committee and external auditors, confirming consistency with the audited financial statements[108].

Revenue and Profitability - Revenue for the six months ended June 30, 2024, decreased by approximately 2.4% to RM 92.7 million compared to RM 95.0 million for the same period in 2023[9] - The company reported a profit before tax of RM 9.7 million, down from RM 11.5 million in the prior year[9] - Profit attributable to owners of the company was approximately 6,200,000 MYR, down from 7,500,000 MYR in the same period last year, with a net profit margin of about 7.2% compared to 8.4% previously[20] - Net profit for the period was 6,677 thousand MYR, a decline of 16.6% compared to 8,009 thousand MYR in the same period last year[46] - Total comprehensive income for the period was 7,839 thousand MYR, down 11.3% from 8,832 thousand MYR in the previous year[46] - Basic and diluted earnings per share decreased to 0.99 sen MYR from 1.19 sen MYR, representing a decline of 16.8%[46] Sales Performance - Sales of printable apparel decreased by approximately 4.4% to RM 75.3 million, with sales volume dropping to approximately 6.22 million units[13] - Revenue from gift products increased by approximately 7.4% to RM 17.4 million, driven by a sales volume increase to approximately 4.6 million units[14] - Wholesale revenue was 85,445 thousand MYR, down from 87,427 thousand MYR, while production revenue decreased from 7,603 thousand MYR to 7,288 thousand MYR[60][66] Costs and Expenses - Gross profit increased by approximately 2.5% to RM 29.1 million, with a gross margin of 31.4%, up from 29.9% in the previous year[9] - Selling and distribution costs decreased by approximately 11.3% to RM 4.9 million, attributed to lower employee and advertising costs[16] - Administrative and other operating expenses increased by approximately 11.5% to RM 14.5 million, mainly due to realized foreign exchange losses[17] - Financing costs increased by approximately 7,000 MYR or 24.1% to about 36,000 MYR compared to the same period last year, primarily due to higher lease liabilities interest[18] Assets and Liabilities - As of June 30, 2024, the group's current assets net value was approximately 120,700,000 MYR, an increase from 111,500,000 MYR as of December 31, 2023[24] - Total assets as of June 30, 2024, were 244,243 thousand MYR, a slight decrease from 241,847 thousand MYR at the end of 2023[47] - Total liabilities decreased to 39,858 thousand MYR from 45,301 thousand MYR, showing a reduction of 11.9%[62] - The group’s interest-bearing borrowings were approximately 5,300,000 MYR as of June 30, 2024, down from 5,600,000 MYR as of December 31, 2023[24] Cash Flow and Financial Position - Cash and cash equivalents as of June 30, 2024, were approximately 100,300,000 MYR, up from 93,200,000 MYR as of December 31, 2023[24] - Operating cash flow before changes in working capital was RM 11,566,000, down 3.3% from RM 11,958,000 in the previous year[49] - Net cash generated from operating activities was RM 11,186,000, a decline of 21.4% from RM 14,330,000 in the same period last year[49] - The company reported a net cash increase of RM 6,277,000 for the period, compared to RM 283,000 in the previous year[52] Investments and Acquisitions - The company acquired a 40% stake in Lordan Group Ltd. to enhance retail sales channels in China and introduce AI in production and sales processes[10] - On August 9, 2024, the group's associate, Lordan, completed the acquisition of a 51% stake in Beijing Yulong Shengshi Biotechnology Co., making it a non-wholly owned subsidiary[43] - The total consideration for the acquisition of Lordan was 57,218,250 HKD (approximately 34,139,000 MYR), with an initial cash payment of 5,000,000 HKD (approximately 2,983,000 MYR) already made[94] Shareholder Information - As of June 30, 2024, the directors and CEO collectively hold 439,600,000 shares, representing 70.0% of the company's equity[35] - MBV Capital Limited, controlled by the directors, holds 439,600,000 shares, equating to 70.0% of the total shares[38] - The company does not recommend any interim dividend for the period[42] Foreign Exchange and Other Income - Other income decreased by approximately 12.4% to RM 1.4 million, primarily due to reduced foreign exchange gains[15] - The company reported a foreign exchange gain of 672 thousand MYR for the period, compared to a gain of 1,302 thousand MYR in the previous year[46] - The company experienced a foreign exchange gain of RM 366,000, compared to a loss of RM 23,000 in the previous year[49] Future Outlook and Strategy - The company aims to maintain a healthy cash flow and solid financial position to seize revenue-enhancing opportunities amid a challenging economic outlook[11] - The group continues to evaluate and explore new business opportunities in Asian countries for sustainable growth and long-term shareholder benefits[23]