Financial Performance - The Group recorded significant growth in revenue and profit after tax, primarily driven by increased sales of e-cigarette products [8]. - The Group's total revenue for the six months ended 30 June 2019 was approximately HK$666.7 million, representing an increase of approximately 137.8% compared to HK$280.4 million for the same period in 2018 [11]. - Gross profit for the six months ended 30 June 2019 was approximately HK$162.3 million, with a gross profit margin of approximately 24.3%, up from 22.9% in the same period of 2018 [16]. - The e-cigarettes products segment revenue was approximately HK$467.5 million, accounting for approximately 70.1% of total revenue, representing an increase of approximately 380.7% from HK$97.2 million in 2018 [13]. - Profit attributable to equity holders of the company for the six months ended 30 June 2019 was approximately HK$65.9 million, representing an increase of approximately 1,606.9% from HK$3.9 million for the same period in 2018 [18]. - Basic earnings per share attributable to equity holders were approximately 10.63 HK cents, up from 0.69 HK cents in 2018 [11]. - Profit before tax increased to HK$87,963,000, a substantial rise from HK$7,739,000 in the previous year, marking an increase of 1031.5% [59]. - Total comprehensive income for the period attributable to equity holders of the Company was HK$67,131,000, significantly higher than HK$501,000 in the same period of 2018 [61]. Revenue Segmentation - Revenue for the integrated plastic solutions segment experienced high single-digit growth compared to the same period in 2018 [8]. - The integrated plastic solutions segment revenue was approximately HK$199.2 million, accounting for approximately 29.9% of total revenue, representing an increase of approximately 8.8% from HK$183.1 million in 2018 [13]. - Segment revenue for e-cigarettes products reached HK$467,453,000, while integrated plastic solutions generated HK$199,218,000, totaling HK$666,671,000 for the six months ended June 30, 2019 [113]. - Revenue from the sale of e-cigarettes products reached HK$467,453,000, compared to HK$97,235,000 in the prior year, indicating a growth of about 381.5% [141]. - Revenue from the sale of moulds and plastic products was HK$199,218,000, up from HK$183,128,000, reflecting an increase of approximately 8.8% [141]. Costs and Expenses - Selling and distribution costs for the six months ended 30 June 2019 were approximately HK$6.4 million, representing a decrease of approximately 11.0% from HK$7.1 million in 2018 [16]. - Administrative and other operating expenses for the six months ended 30 June 2019 were approximately HK$67.0 million, representing an increase of approximately 66.1% from HK$40.3 million for the same period in 2018 [18]. - Employee benefits expenses rose to HK$91,258,000, up 51.5% from HK$60,237,000 in the prior year [150]. - The total income tax expenses for the six months ended June 30, 2019, amounted to HK$22,044,000, compared to HK$3,877,000 in 2018, reflecting a substantial increase [152]. - The finance costs decreased to HK$4,893,000 from HK$5,345,000, showing improved cost management [146]. Cash Flow and Liquidity - As at 30 June 2019, the group had cash and cash equivalents of approximately HK$122.2 million, an increase from HK$61.4 million as of 31 December 2018 [23]. - Total cash generated from operating activities was HK$203,779,000, significantly improving from a cash outflow of HK$15,741,000 in the same period last year [81]. - Cash and cash equivalents at the end of the period amounted to HK$122,172,000, representing a significant increase of 51.4% from HK$80,686,000 at the end of June 2018 [83]. - The net cash used in investing activities amounted to HK$34,139,000, compared to HK$22,285,000 in the previous year [81]. - Cash from financing activities resulted in a net outflow of HK$80,090,000, contrasting with an inflow of HK$103,592,000 in the prior year [81]. Strategic Initiatives - The Group plans to expand its research and development team and upgrade production lines with new high-precision mould making and plastic injection machines [8]. - The Group aims to match its competitive strengths with products that have good prospects for continuous growth [8]. - The Group is advancing towards an automated production process as part of its future development strategy [8]. - The Group's focus on e-cigarettes and integrated plastic solutions indicates a strategic emphasis on these segments for future growth and market expansion [109]. Market Conditions - The regional economy faced risks due to the Sino-US trade war, negatively impacting market demand for many consumer products [8]. - The overall market demand for consumer products was negatively affected during the first half of 2019 [8]. - The impact of new laws and regulations on e-cigarette consumption in various overseas countries is expected to be limited [8]. Corporate Governance - The Company has complied with the Corporate Governance Code during the six months ended 30 June 2019 [36]. - The audit committee reviewed the Group's unaudited consolidated financial statements for the six months ended 30 June 2019 [39]. - All Directors confirmed compliance with the Model Code during the six months ended 30 June 2019 [39]. Shareholder Information - The Company declared an interim dividend of HK1.5 cents per ordinary share for the six months ended 30 June 2019, compared to HK$nil for the same period in 2018 [41]. - Mr. Chan Tsan Lam holds 373,395,000 shares, representing a 60.2% interest in the Company [43]. - As of June 30, 2019, Oceanic Green and New Strength each held 127,100,000 shares, representing 20.5% of the company's issued ordinary shares [51]. - The company adopted a Share Option Scheme on May 28, 2019, allowing for the issuance of up to 62,000,000 shares, which is 10% of the shares in issue at the time [56]. Accounting Standards - The interim financial statements have been prepared in accordance with HKAS 34, reflecting the company's commitment to transparency and compliance with accounting standards [89]. - The Group adopted HKFRS 16, resulting in the recognition of long-term lease liabilities previously classified as operating leases, amounting to HK$42,879,000 [94]. - The transition to HKFRS 16 impacted the consolidated statement of financial position, with right-of-use assets recognized at HK$140,007,000 [104].

Financial Performance - The Group's total revenue for the year ended December 31, 2018, was approximately HK$959.9 million, representing a year-on-year increase of approximately 67.6% compared to HK$572.9 million in 2017[11]. - Profit attributable to owners of the Company was approximately HK$75.8 million, significantly higher than HK$20.1 million in 2017, with basic earnings per share of approximately HK12.80 cents compared to HK4.32 cents in 2017[11]. - Revenue for the year ended December 31, 2018, was approximately HK$959.9 million, representing an increase of approximately HK$387.0 million or 67.6% from HK$572.9 million for the year ended December 31, 2017[26]. - Profit before tax increased significantly to HK$104,282,000, compared to HK$31,025,000 in the previous year, marking a 236.5% growth[193]. - Profit for the year attributable to equity holders was HK$75,755,000, a substantial increase from HK$20,078,000 in 2017, reflecting a 276.5% rise[196]. - Total comprehensive income for the year attributable to equity holders was HK$70,924,000, up from HK$37,026,000 in 2017, representing an increase of 91.5%[196]. Gross Profit and Margins - The Group recorded a gross profit of approximately HK$237.8 million, with a gross profit margin of approximately 24.8%, up from 23.4% in 2017[11]. - Gross profit for the year ended December 31, 2018, was approximately HK$237.8 million, an increase of approximately HK$103.8 million or 77.4% from HK$134.0 million for the year ended December 31, 2017[26]. - The gross profit for the integrated plastic solutions segment for 2018 was approximately HK$110.0 million, an increase of approximately HK$52.4 million or 91.0% from approximately HK$57.6 million for 2017[26]. - The gross profit for e-cigarettes in 2018 was approximately HK$127.8 million, an increase from HK$76.4 million in 2017, although the gross profit margin decreased from 30.5% in 2017 to 26.3% in 2018[29]. Capital Expenditure and Investments - Capital expenditure during the period was approximately HK$138.2 million, primarily for new machines acquired and installed at the new site in Huizhou[11]. - The company invested HK$57.1 million in 49 sets of plastic injection machines and their automated ancillary equipment, representing 73.6% of the total proceeds[42]. - An investment of HK$8.0 million was made for advanced equipment for an automated PET manufacturing line, with HK$1.8 million remaining unutilized[42]. - The Group plans to expand production capacity by adding highly automated machinery and constructing new factory premises with a total floor area of approximately 78,000 sqm, expected to commence in the second half of 2019[14]. Market and Product Segments - The integrated plastic solutions segment revenue for the year ended December 31, 2018, was approximately HK$474.3 million, an increase of approximately HK$152.4 million or 47.3% from HK$321.9 million for the year ended December 31, 2017[26]. - The e-cigarettes products segment revenue for the year ended December 31, 2018, was approximately HK$485.7 million, representing an increase of approximately HK$234.7 million or 93.5% from HK$251.0 million for the year ended December 31, 2017[26]. - The Group aims to capture market growth in integrated plastics solutions and e-cigarette products through capacity expansion and equipment upgrades[13]. Corporate Governance and Management - The company has complied with all applicable code provisions of the Corporate Governance Code, except for code provision A.2.1[63]. - The Company has adopted the Model Code for Securities Transactions by Directors to regulate dealings in its securities[63]. - The independent non-executive directors have confirmed their independence in accordance with Rule 3.13 of the Listing Rules[75]. - The Company established an audit committee on February 8, 2018, in compliance with the Listing Rules and CG Code[103]. Financial Position and Risks - As of 31 December 2018, the Group had cash and cash equivalents of approximately HK$61.4 million, up from HK$18.6 million in 2017[34]. - The Group's gearing ratio as of 31 December 2018 was 52.7%, a decrease from 85.3% in 2017[34]. - The Group's ability to continue as a going concern is assessed by the directors, who must disclose relevant matters[182]. - Significant adjustments would be required to the consolidated financial statements if the Group is unable to operate as a going concern[178]. Shareholder Information - The board recommended a final dividend of HK$3.0 cents per share for the year ended December 31, 2018, subject to shareholder approval[47]. - The proposed final dividend is expected to be paid on 10 July 2019 if approved[141]. - Shareholders holding at least 10% of the paid-up capital have the right to request the Board to convene an extraordinary general meeting[126]. Internal Controls and Audit - The Audit Committee assists the directors in overseeing the Group's financial reporting process[182]. - The Group's internal control and risk management systems were deemed effective as of December 31, 2018, with no significant issues identified requiring major amendments[125]. - The auditor evaluates the appropriateness of accounting policies and the reasonableness of accounting estimates made by the directors[187]. Employee Relations and Corporate Responsibility - The Group emphasizes the importance of relationships with employees, customers, and suppliers for sustainable development[135]. - The Group is committed to providing a fair and safe workplace, promoting diversity, and offering competitive remuneration packages based on performance[135].