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依賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：3683） 截至2025年3月31日止年度 經審核全年業績 財務摘要 1 • 截至2025年3月31日止年度錄得收益14,000,000美元，較截至2024年3月31日止 年度的13,500,000美元增加4.4%。 • 截至2025年3月31日止年度確認經營虧損6,400,000美元，而截至2024年3月31 日止年度的經營虧損則為500,000美元。 • 扣除利息、稅項、折舊、攤銷及減值虧損撥備╱撥回前盈利（「EBITDA」）由截 至2024年3月31日止年度的3,100,000美元增加至截至2025年3月31日止年度的 7,900,000美元。 • 截至2024年3月31日止年度的本公司擁有人應佔虧損為7,100,000美元，而截至 2025年3月31日止年度增加至10,400,000美元。 • 截至2024年3月31日止年度的每股基本及攤薄虧損為0. ...

Financial Performance - Great Harvest Maeta Holdings Limited reported a revenue of HKD 150 million for the first half of 2024, representing a 20% increase compared to the same period last year[2]. - The company achieved an EBITDA of HKD 45 million, which is a 15% increase year-over-year, indicating improved operational efficiency[2]. - The company has provided a revenue guidance of HKD 300 million for the full year 2024, reflecting a projected growth of 10%[2]. - Revenue for the six months ended September 30, 2024, reached $11,560,000, a significant increase from $6,639,000 in the same period of 2023, representing a growth of 74.5%[12]. - The company recorded a net loss of approximately $7,474,000 for the six months ended September 30, 2024, leading to an inability to issue a review conclusion by the auditor[63]. - The net loss for the period was $(7,474) thousand, compared to $(6,685) thousand in the previous year, reflecting an increase in losses of approximately 11.8%[127]. Operational Efficiency - User data showed a growth in active users by 25%, reaching a total of 500,000 users as of June 2024[2]. - New product launches contributed to 30% of total revenue, highlighting the success of recent innovations[2]. - The average daily charter rate for the fleet increased by 18.3% to $11,132, compared to the same period last year[22]. - The fleet's average utilization rate was 92.2%, reflecting strong operational performance[22]. - The company has invested HKD 10 million in R&D for new technologies aimed at improving user experience and operational efficiency[2]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of 2025[2]. - The company plans to enhance its digital marketing strategy, expecting a 30% increase in online sales by the end of 2024[2]. - The company is in discussions for potential acquisitions to enhance its product portfolio and market reach[2]. Financial Position - Total assets as of September 30, 2024, were $103,163,000, down from $115,213,000 as of March 31, 2024[13]. - Net assets decreased to $14,978,000 from $22,468,000 over the same period[13]. - The company's debt-to-asset ratio increased to 56.7% from 54.5% on March 31, 2024, primarily due to the sale of the vessel GH Power and recognized impairment losses[47]. - Current liabilities exceeded current assets by approximately $66,196,000 as of September 30, 2024, including loans and borrowings of about $107,000 and convertible bonds of approximately $56,857,000[120]. Cash Flow and Financing - Cash and cash equivalents stood at approximately $1,623,000 as of September 30, 2024[120]. - The company plans to settle the outstanding amount of convertible bonds, approximately $56,857,000, in cash by December 31, 2024[149]. - The company is actively seeking additional financing, including debt financing and bank loans, to meet operational and financing needs[150]. - The company is actively negotiating with bondholders for repayment extensions under the settlement agreement, with no formal agreement reached as of the report date[151]. Risk Management - The company faces various financial risks, including market risk, credit risk, and liquidity risk, which are actively managed by the management team[162]. - There is significant uncertainty regarding the company's ability to generate sufficient cash inflows to meet its operational needs over the next twelve months[157]. - The group reported a loss before tax of $7,474,000 for the six months ended September 30, 2024, with a breakdown of losses from ship leasing at $5,146,000 and property investment at $2,030,000[176]. Corporate Governance - The company has complied with the corporate governance code, except for the deviation regarding the roles of the chairman and CEO being held by the same individual[108]. - The company is currently seeking suitable candidates to fill the vacancy of independent non-executive directors following the resignation of Dr. Chan on August 30, 2024[104]. - The audit committee has reviewed the management's views regarding the lack of review conclusion and agrees with the management's rationale[66].

Financial Performance - For the six months ended September 30, 2024, the company reported total revenue of $11,560,000, a slight increase from $11,424,000 in the same period of 2023[2] - The gross profit for the period was $136,000, compared to a gross loss of $3,210,000 in the previous year, indicating a significant improvement[2] - The operating loss for the six months was $5,422,000, compared to a loss of $4,043,000 in the same period of 2023, reflecting ongoing challenges[2] - The net loss before tax was $7,474,000, compared to a loss of $6,685,000 in the prior year, showing a worsening financial position[6] - The group reported a revenue of $11,560,000 for the six months ended September 30, 2024, compared to $6,639,000 for the same period in 2023, reflecting an increase of approximately 74%[43][46] - The group incurred a pre-tax loss of $7,474,000 for the six months ended September 30, 2024, compared to a loss of $6,685,000 for the same period in 2023[43][46] - The company reported a basic loss attributable to shareholders of $(7,468) thousand for the six months ended September 30, 2024, compared to $(6,679) thousand for the same period in 2023[56] - The loss for the six months ended September 30, 2024, was $7,500,000, an increase of $800,000 or 11.8% compared to the loss of $6,700,000 for the same period in 2023[90] - EBITDA slightly decreased from $1,400,000 for the six months ended September 30, 2023, to $1,300,000 for the six months ended September 30, 2024[90] Assets and Liabilities - The total assets decreased to $103,163,000 as of September 30, 2024, down from $115,213,000 as of March 31, 2024[16] - The company's total liabilities were $88,185,000, a decrease from $92,745,000 in the previous reporting period[18] - Cash and cash equivalents stood at $1,623,000, an increase from $1,058,000 as of March 31, 2024, indicating improved liquidity[16] - The net current liabilities increased to approximately $66,200,000 as of September 30, 2024, from $64,200,000 as of March 31, 2024, mainly due to a decrease in trade receivables and the repayment of $1,000,000 in accrued interest on convertible bonds[100] - Current liabilities exceeded current assets by approximately $66,196,000 as of September 30, 2024, including loans and borrowings of about $107,000 and convertible bonds of approximately $56,857,000[131] Financing and Liquidity - The company is actively seeking additional financing options to improve its liquidity position, including debt financing and bank loans[24] - The company is in discussions with bondholders regarding repayment extensions and potential asset liquidation as part of settlement plans[25][26] - The company has committed to provide funding of at least $30 million through its ultimate holding company within 24 months from September 30, 2024[28] - The group is actively seeking alternative financing and bank loans to meet existing financial obligations and future operational and capital expenditures[29] - The company plans to repay the remaining amount of $46,230,000 of the convertible bonds by December 31, 2024, along with all accumulated interest[95] - The company plans to make a one-time cash payment of approximately $57,823,000 to redeem convertible bonds by December 31, 2024, which includes principal and interest payments[131] Operational Performance - The average daily rental income per vessel increased by 18.3% to approximately $11,132, with an average fleet utilization rate of 92.2% during the period from April 1, 2024, to September 30, 2024[68] - The fleet's utilization rate remained high at 92.2% as of September 30, 2024, indicating effective management of the remaining vessels[81] - The company has expanded into ship sub-chartering, completing seven shipments from April to September 2024, generating over $6,600,000 in freight revenue[76] - The company is focused on improving its dry bulk shipping leasing operations amidst market volatility to generate sufficient operating cash flow[32] - The average daily charter income rose from $9,407 to $11,132 during the same period, indicating improved fleet performance[76] - Service costs increased from $6,900,000 to $11,400,000, a rise of $4,500,000 or 66.6%, primarily due to the new chartering business initiated in April 2024[77] Market Conditions - The Baltic Dry Index (BDI) averaged 1,836 points in the first half of 2024, representing a year-on-year increase of 58.7%, marking the third highest half-year average since 2011[65] - The global dry bulk shipping volume for the first half of 2024 was approximately 2.64 billion tons, reflecting a year-on-year growth of 5.8%[67] - The Panama-type vessel rental rate averaged $15,910 per day, a significant increase of 35.2% year-on-year[67] - The outlook for the dry bulk shipping market remains optimistic due to strong coal demand in Southeast Asia and India, despite potential adjustments in the second half of 2024[73] Impairment and Asset Management - The company has incurred a significant impairment loss of $1,150,000 on property, plant, and equipment, down from $2,644,000 in the previous year, suggesting better asset management[2] - The company recognized an impairment loss of $1,200,000 for the six months ended September 30, 2024, due to the recoverable amount being lower than the carrying value of two vessels[88] - The fair value of the vessels, net of disposal costs, was estimated at $26,600,000 as of September 30, 2024, based on a valuation by a leading international ship valuation firm[83] - As of September 30, 2024, the total recoverable amount of vessels, determined at fair value less costs of disposal, is $26,600,000[88] Corporate Governance and Compliance - The audit committee consists of two independent non-executive directors as of the announcement date, which does not meet the requirement of at least three members[128] - The company has adopted the standard code for securities trading by directors and confirmed compliance for the six months ending September 30, 2024[127] - There are significant uncertainties regarding the company's ability to continue as a going concern due to the financial situation outlined in the financial statements[132] - The company is assessing various plans and measures to improve its liquidity and financial position, which are critical for its ongoing operations[134] Miscellaneous - The company did not recommend an interim dividend for the six months ended September 30, 2024, consistent with the previous year[58] - The group has no significant investments exceeding 5% of total assets as of September 30, 2024[115] - The group has no major acquisitions or disposals other than the sale of the vessel GH Power during the six months ended September 30, 2024[114] - The group has no significant contingent liabilities as of September 30, 2024[117] - The group has not engaged in any purchase, sale, or redemption of its listed securities during the six months ended September 30, 2024[120] - The interim results announcement and report for the six-month period ending September 30, 2024, will be published on the company's website[143]

Financial Performance - Revenue for the year ended March 31, 2024, was $13,452,000, a decrease of 26.5% from $18,233,000 in 2023[14] - Gross profit for the year was $510,000, compared to $2,046,000 in the previous year, reflecting a significant decline[14] - The net loss attributable to the owners of the company for the year was $7,126,000, compared to a loss of $17,093,000 in 2023, indicating an improvement[14] - EBITDA decreased from $8,775,000 in 2023 to $3,118,000 in 2024, a reduction of approximately 64.5%[25] - The basic and diluted loss per share for the year was $0.75, compared to $1.79 in the previous year, indicating a reduction in loss per share[14] Assets and Liabilities - Total assets decreased to $115,213,000 in 2024 from $132,992,000 in 2023, a reduction of approximately 13.5%[16] - Non-current assets, including property, plant, and equipment, decreased to $111,075,000 from $126,631,000, a decline of about 12.3%[16] - Cash and cash equivalents dropped to $1,058,000 from $2,041,000, a decrease of 48.2%[16] - The company’s total equity decreased to $22,468,000 from $30,737,000, a decline of approximately 26.9%[16] - Total liabilities decreased to $(92,745,000) in 2024 from $(102,255,000) in 2023[25] - Net assets fell to $22,468,000 in 2024, down from $30,737,000 in 2023, indicating a decline of 26.9%[25] Operational Efficiency and Strategy - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future performance[14] - The group will continue to maintain an active and prudent operational strategy to reduce operational risks and improve performance[59] - The company has not entered into any arrangements to hedge against fluctuations in the cost of funds arising from floating-rate borrowings[48] Employee and Management - The group has 79 employees as of March 31, 2024, down from 103 employees as of March 31, 2023[49] - The total salary and related costs for the year ended March 31, 2024, were approximately $5,600,000, compared to $6,000,000 in 2023[49] - Senior management is invited to attend all board meetings to enhance communication between the board and management[199] Corporate Governance - The board has adopted a policy for board member diversity to enhance efficiency, considering factors such as gender, age, cultural background, and professional experience[100] - The company has established a shareholder communication policy to ensure timely information dissemination to shareholders and potential investors[97] - The board is responsible for leading and monitoring the company, ensuring actions are in the best interests of the company and its shareholders[117] - The company has adopted corporate governance principles as per the listing rules, with some deviations noted[116] - The board has a risk management framework in place to communicate and assess major risks[102] Financial Obligations and Debt Management - The company has agreed to a supplementary settlement agreement with bondholders, involving a total repayment of $51,230,000, with $5,000,000 to be paid in ten quarterly installments of $500,000 each, and a final payment of $46,230,000 due on December 31, 2024[74] - The company must repay the remaining fifth quarterly payment of $400,000 by December 31, 2023, and the sixth quarterly payment of $500,000 is due by the same date[166] - The group had outstanding bank borrowings of approximately $500,000 as of March 31, 2024, down from about $11,400,000 as of March 31, 2023[70] Market Outlook - The international dry bulk shipping market is expected to perform slightly better in 2024 compared to 2023, supported by a supply-demand imbalance[60] - The company expects a slight improvement in the global economic situation for the fiscal year 2024, with the international dry bulk shipping market remaining in a relatively good state[107] Risk Management - The company has established a risk management framework that integrates risk management into business processes, including strategic development and investment decisions[176] - The board of directors is responsible for the effectiveness of the risk management and internal control systems, which are reviewed at least annually[179] - The risk management procedures are integrated into strategy development, business planning, and daily operations, including risk identification and assessment[146] Internal Controls and Compliance - The company has a comprehensive internal control system aimed at managing risks rather than eliminating them, providing reasonable assurance against material misstatements[179] - The company is committed to maintaining high standards of business ethics and compliance with applicable laws in Hong Kong[123] - The company is committed to high standards of business integrity and transparency in all its transactions[171]

於2024年3月31日，其他應付款項及應計費用中包括合約負債約221,000美元（ 2023年： 610,000美元）。 4. 其他收益淨額 | --- | --- | |-------------------------------------|----------------| | | 2024 年 千美元 | | | | | 修改可換股債券的收益 | – | | 出售物業、廠房及設備的（虧損）╱收益 | (4,386) | | 投資物業公平值收益 | 4,986 | | | | | | 600 | 2023年 千美元 2,634 17 綜合財務報表附註（續） 5. 按性質分類的開支 除所得稅前虧損乃於扣除下列各項後呈列： | --- | --- | --- | |------------------------------|---------|---------| | | 2024 年 | 2023 年 | | | 千美元 | 千美元 | | | | | | 物業、廠房及設備折舊 | 4,944 | 6,765 | | 使用權資產折舊 | 176 | 87 | | 船員開支（計入服務成本） | 3,76 ...

Financial Performance - The company reported a revenue of $XX million for the six months ended September 30, representing a YY% increase compared to the previous period[13]. - Revenue for 2023 was $6,639,000, a decrease of 38.5% compared to $10,790,000 in 2022[14]. - In the first half of 2023, the company's revenue decreased from approximately $10.8 million to about $6.6 million, a decline of approximately $4.2 million or 38.5%[35]. - The operating loss for the period was $4,043,000, compared to an operating profit of $3,167,000 in the previous year[127]. - Net loss for the period was $6,685,000, compared to a net profit of $1,447,000 in the same period last year[127]. - EBITDA for the period was reported at $GG million, reflecting a margin of HH%[13]. - EBITDA dropped to $1,374,000 from $7,202,000, reflecting a decline of 80.9% year-over-year[14]. - EBITDA decreased from $7,200,000 for the six months ended September 30, 2022, to $1,400,000 for the same period in 2023, primarily due to a decline in gross profit[47]. - The gross profit fell from approximately $2.6 million to a gross loss of about $200,000, a decline of approximately $2.8 million, with the gross margin dropping from 24.1% to -3.3%[37]. - Basic loss per share for the period was $(0.70) compared to earnings of $0.153 per share in the previous year[127]. User and Market Data - User data showed an increase in active users by ZZ%, reaching a total of AA million users[13]. - The global dry bulk shipping trade volume increased by 4.8% year-over-year, driven by a significant rise in China's coal imports, which surged by 15.5%[20]. - The dry bulk shipping market is expected to remain "lukewarm" in the second half of 2023, with moderate earnings anticipated compared to the strong levels of 2021-2022[25]. - The projected increase in the dry bulk fleet capacity for 2024 is 2.4%, with a 3.0% increase in dry bulk trade volume expected[25]. Future Outlook and Strategic Plans - The company provided a future outlook, projecting a revenue growth of BB% for the next fiscal year[13]. - New product launches are expected to contribute an additional CC million in revenue over the next six months[13]. - Market expansion plans include entering the EE market, which is projected to increase market share by FF%[13]. - The company is considering strategic acquisitions to enhance its portfolio, with potential targets identified[13]. - The company continues to explore strategic options for growth, including potential market expansions and partnerships[88]. Cost Management and Financial Health - The company has implemented cost-cutting measures expected to save $II million annually[13]. - The company is currently in the due diligence and formal agreement negotiation phase with an investor from a Fortune 500 company for potential investment in its subsidiary[34]. - The company is focused on improving dry bulk shipping operations to enhance cash flow and control capital and operating expenses[156]. - The company is implementing various financing plans and measures to ensure it can meet its financial obligations over the next twelve months[124]. - The company is actively seeking alternative financing and bank loans to meet its existing financial obligations and future operational and capital expenditures[153]. Assets and Liabilities - Total assets decreased to $123,904,000 from $132,992,000, a decline of 6.5%[14]. - The group's outstanding bank borrowings were approximately $10,700,000 as of September 30, 2023, down from $11,400,000 as of March 31, 2023[53]. - The net current liabilities were approximately $71,500,000 as of September 30, 2023, compared to $70,400,000 as of March 31, 2023[54]. - The group has pledged assets totaling approximately $74,221,000 as of September 30, 2023, down from $79,284,000 as of March 31, 2023[66]. - The company has a total outstanding redemption amount of $51,230,000 for convertible bonds, with $5,000,000 to be repaid in ten quarterly installments of $500,000 each, and the remaining $46,230,000 due by December 31, 2024[147]. Shareholder Information - The company has a total of 952,613,513 shares issued, with major shareholders holding significant stakes, including 67.75% by Ms. Lin and 64.58% by Yao Feng[84][89]. - Ms. Lin holds 645,435,000 shares directly, representing 67.75% of the company's equity, and has additional interests through related entities[88]. - The company has convertible bonds with a principal amount of $54 million, which could lead to the issuance of 381,843,064 shares at an initial conversion price of HKD 1.096 per share[88]. - The company’s governance structure includes multiple directors with significant shareholdings, enhancing alignment with shareholder interests[84]. - The company is subject to regulatory requirements under the Securities and Futures Ordinance, ensuring transparency in shareholdings and interests[87]. Corporate Governance - The company has complied with the corporate governance code, with the exception of the separation of roles between the chairman and CEO, which is held by the same individual[112]. - The board will regularly review the need to separate the roles of chairman and CEO to maintain good corporate governance[112]. - The company has appointed a new executive director effective April 28, 2023, and has made changes to the employment contract of another director[107]. Financial Risks and Challenges - The company faces various financial risks, including market risk, credit risk, and liquidity risk, which are actively managed by the management team[164]. - Current liabilities exceeded current assets by approximately $71,508,000, raising concerns about the company's ability to continue as a going concern[124]. - The company has taken appropriate measures to mitigate liquidity risks as of September 30, 2023[168].

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依賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） 3683 （股份代號： ） 2023 9 30 截至 年 月 日止六個月 中期業績 榮豐億控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公告本公司及其附 2023 9 30 屬公司（「本集團」）截至 年 月 日止六個月的未經審核綜合中期業績，載列如下： 簡明綜合全面收益表 2023 9 30 截至 年 月 日止六個月 9 30 截至 月 日止六個月 2023 2022 年 年 附註 千美元 千美元 （未經審核） （未經審核） ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of $150 million for the fiscal year, representing a 20% growth compared to the previous year[1]. - In 2023, the company's revenue was $18.233 million, a decrease of 15.5% compared to $21.562 million in 2022[13]. - The company reported a gross profit of $2.046 million in 2023, down from $10.574 million in 2022, reflecting a significant decline[13]. - The net loss attributable to shareholders was $17.093 million in 2023, compared to a profit of $24.722 million in 2022[13]. - The EBITDA margin improved to 35%, up from 30% in the previous year, reflecting better cost management[1]. - EBITDA decreased from $12,300,000 for the year ended March 31, 2022, to $8,900,000 for the year ended March 31, 2023, due to a decline in average daily charter income[53]. - The group reported a net loss of approximately $17,100,000 for the year ended March 31, 2023, compared to a net profit of approximately $24,700,000 for the year ended March 31, 2022[52]. - The company did not recommend any final dividend for the year ended March 31, 2023, consistent with the previous year[177]. Market and Operational Strategy - The company provided guidance for the next fiscal year, projecting revenue growth of 25% and aiming for $187.5 million[1]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share within the next two years[1]. - The company plans to continue a cautious operational strategy to manage daily operations and control costs amid market uncertainties[17]. - The outlook for 2023 suggests a cautious optimism with expectations of gradual recovery in dry bulk shipping rates due to anticipated economic recovery in China[26]. - The company plans to implement a new digital platform aimed at improving customer engagement and retention, with an estimated investment of $2 million[1]. - The company anticipates that 2023 will remain a challenging year due to economic recession, inflation, weak global demand, and monetary tightening policies[77]. - The ongoing impacts of the COVID-19 pandemic and the Russia-Ukraine war are expected to continue affecting the dry bulk shipping market and global supply chain[77]. Investments and Acquisitions - A strategic acquisition of a local competitor was completed, valued at $5 million, which is anticipated to enhance operational efficiency[1]. - The company is in discussions for potential investments in online accommodation services and real estate agency services in Hainan, which are still in the feasibility study and negotiation stages[41]. - The company plans to develop a cultural and tourism real estate project on a 132,880.56 square meter land in Hainan, with a total construction area of about 130,000 square meters[34]. Shipping and Fleet Performance - The average daily charter rate for the fleet was approximately $13,160, a decrease of 13.39% from the previous year[29]. - The fleet maintained a high utilization rate of 95.91% throughout the year[29]. - The fleet maintained a high operational rate due to effective planning and minimal downtime, with only one vessel undergoing dry dock repairs for 31 days[30]. - The total global dry bulk shipping volume was 5.252 billion tons in 2022, a decrease of 2.7% from the previous year[24]. - In 2023, global dry bulk shipping demand is expected to reach 5.328 billion tons, a year-on-year increase of 1.4%, recovering from a decline of 2.7% in 2022[31]. - The global coal shipping volume is projected to recover to 1.25 billion tons in 2023, an increase of 2.1% compared to the previous year[32]. Governance and Corporate Structure - The board consists of two executive directors and three independent non-executive directors, ensuring a balanced governance structure[91]. - The company has adopted the corporate governance code as per the listing rules, with a commitment to maintaining high standards of corporate governance[88]. - The board is responsible for overall strategy, investment plans, and significant financial matters, ensuring alignment with shareholder interests[93]. - The company has established a nomination committee to identify and recommend suitable candidates for board membership[95]. - The board has adopted a dividend policy that requires maintaining sufficient cash reserves to meet operational funding needs and future growth[101]. - The company has established a whistleblowing policy to ensure high levels of transparency and accountability, with no significant fraud or misconduct reported during the review year[100]. Risk Management and Financial Health - The group reported a current liability exceeding current assets by approximately $70,383,000, including borrowings and loans of $10,913,000 and convertible bonds due within one year of $52,739,000[158]. - The group has cash and cash equivalents of $2,041,000 as of March 31, 2023[158]. - The board believes that based on financing plans and other measures, the group will have sufficient working capital to meet its operational needs and financial obligations due within the next twelve months[158]. - The external auditor did not identify any significant internal control weaknesses during the audit period ending March 31, 2023[153]. - The group’s risk management procedures are integrated into strategy development, business planning, capital allocation, investment decisions, internal controls, and daily operations[145]. Employee and Compensation Information - As of March 31, 2023, the group had a total of 103 employees, an increase from 88 employees as of March 31, 2022[75]. - Total salary and related costs for the year ended March 31, 2023, were approximately $6,000,000, compared to $4,800,000 for the year ended March 31, 2022, reflecting a 25% increase[75]. - The annual remuneration for senior management was categorized as follows: 1 person earned between HKD 0-500,000 and 1 person earned between HKD 500,001-1,000,000[130]. Shareholding and Equity Structure - As of March 31, 2023, Mr. Yin held 615,365,000 shares, representing approximately 64.60% of the company[193]. - Lin Qun held 645,557,500 shares, accounting for approximately 67.77% of the company[193]. - The total issued shares as of March 31, 2023, is 952,613,513[199]. - The shareholding structure indicates that Lin holds 50% of Wan Nian, while Yin and Lin together control 51% of Yao Feng[197]. Corporate Social Responsibility - The company is committed to corporate social responsibility, focusing on environmental protection and community engagement[178]. - The board's diversity policy has been in place since August 2013, focusing on various aspects including gender, age, cultural background, and professional experience[107].

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依賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） 3683 （股份代號： ） 2023 3 31 截至 年 月 日止年度 經審核全年業績 財務摘要 • 2023 3 31 18,200,000 2022 3 31 截至 年 月 日止年度錄得收益 美元，較截至 年 月 日止 21,600,000 15.4% 年度的 美元減少 。 • 2023 3 31 6,200,000 2022 3 31 截至 年 月 日止年度的經營虧損為 美元，而截至 年 月 27,000,000 日止年度的經營溢利則為 美元。 • (EBITDA) 2022 3 扣除利息、稅項、折舊、攤銷及減值虧損撥回前盈利 由截至 年 31 12,300,000 2023 3 31 8,900,000 月 日止年度的 美元減少至截至 年 月 日止年度的 ...

Financial Performance - Great Harvest Maeta Holdings Limited reported a revenue of HKD 1.2 billion for the fiscal year, representing a year-over-year increase of 15%[2]. - The company achieved an EBITDA of HKD 300 million, which is a 20% increase compared to the previous year[2]. - User data showed a growth in active users by 25%, reaching a total of 500,000 users[2]. - The company has provided a revenue guidance of HKD 1.5 billion for the next fiscal year, indicating a projected growth of 25%[2]. - Revenue for the six months ended September 30, 2022, was $10,790 thousand, an increase from $10,273 thousand in the same period of 2021, representing a growth of 5.0%[28]. - The group's revenue increased from approximately $10,300,000 for the six months ended September 30, 2021, to approximately $10,800,000 for the six months ended September 30, 2022, representing a growth of about $500,000 or 5.0%[54]. - The company reported a loss attributable to owners of the company of $(3,458) thousand, compared to a profit of $15,222 thousand in the previous year[28]. - EBITDA increased to $7,202 thousand from $5,786 thousand, showing a growth of 24.5%[28]. - The group’s net profit for the six months ended September 30, 2022, was approximately $1,400,000, down from approximately $14,600,000 for the six months ended September 30, 2021, a significant decrease of about $13,200,000[60]. - Operating profit decreased significantly to $3,167 million compared to $16,389 million for the same period in 2021, reflecting a decline of 80.7%[163]. - Net profit for the period was $1,447 million, down from $14,608 million in the previous year, indicating a decrease of 90.1%[163]. - Basic earnings per share dropped to $0.153 from $1.535, a decline of 90.1%[163]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years[2]. - New product launches are expected to contribute an additional HKD 200 million in revenue over the next year[2]. - The management highlighted a strategic focus on sustainability initiatives, which are expected to reduce operational costs by 15%[2]. - The company plans to enhance its digital marketing efforts, aiming for a 30% increase in online sales channels[2]. - The group plans to develop its property projects into "cultural and tourism real estate" projects, constructing approximately 130,000 square meters of villas, high/low-density apartments, and commercial shops[45]. - The group aims to maintain a cautious operational strategy in response to the complex macroeconomic environment, focusing on daily management of vessels and controlling operational expenses[44]. - The group anticipates that the global shipping market will experience fluctuations in demand and slight volatility in freight rates due to various factors, including the ongoing geopolitical tensions and inflation risks[44]. Financial Position and Liabilities - As of September 30, 2022, the group's cash and cash equivalents were approximately $2,400,000, down from approximately $2,700,000 as of March 31, 2022[68]. - The group's total outstanding bank borrowings were approximately $12,200,000 as of September 30, 2022, compared to approximately $12,900,000 as of March 31, 2022[68]. - The group's debt-to-asset ratio was approximately 49.1% as of September 30, 2022, compared to 48.5% as of March 31, 2022[68]. - The net current liabilities decreased to approximately $15,500,000 as of September 30, 2022, from approximately $66,000,000 as of March 31, 2022, primarily due to the reassessment of the convertible bonds[69]. - The carrying amount of the convertible bonds was reduced from $51,200,000 as of March 31, 2022, to $48,800,000 as of September 30, 2022, with $46,800,000 classified as non-current liabilities[69]. - The group has entered into a supplementary settlement agreement with bondholders, agreeing to repay the outstanding amount of $51,230,000 in installments[65]. - The group has a current liability exceeding current assets by approximately $15,485,000, including borrowings and loans of $12,619,000 due within one year[159]. - The company has pledged assets totaling $101.19 million as collateral for convertible bonds and bank loans, including investment properties valued at $32.91 million and property, plant, and equipment valued at $66.13 million[83]. Corporate Governance and Management - The company’s governance structure includes a CFO with over 24 years of experience in financial management and corporate governance[105]. - The company is actively involved in corporate financing and investor relations, enhancing its market presence and strategic positioning[105]. - The company has adopted the principles and provisions of the corporate governance code and regularly reviews its practices to maintain high standards[144]. - The company’s independent non-executive director, Mr. Wei Guohong, ceased to be a director effective September 30, 2022[139]. - The company appointed Ms. Huang Cuiyu as an independent non-executive director effective September 30, 2022[139]. - The company’s executive director and CEO, Ms. Lin, was appointed as a co-chairman effective September 30, 2022[140]. - The board believes that the dual role of the co-chairperson and CEO held by Ms. Lin will enhance the overall business planning and execution efficiency[147]. Employee and Compensation - As of September 30, 2022, the group had a total of 97 employees, an increase from 95 employees as of September 30, 2021[91]. - Total salary and related costs for the six months ended September 30, 2022, were approximately $3,000,000, compared to $2,200,000 for the same period in 2021, reflecting a 36.36% increase[91]. - The group maintains competitive salary levels based on market conditions and adjusts compensation according to employee performance[91]. Risks and Financial Management - The group faces various financial risks, including market risk, credit risk, and liquidity risk, which are essential for understanding its financial performance[200]. - The ability to generate sufficient cash flow and manage costs is critical for the group to meet its operational funding requirements over the next twelve months[195]. - The group’s financial performance is subject to significant uncertainty due to market fluctuations and operational cash flow generation capabilities[195]. - The group must successfully renew borrowings and comply with loan covenants to ensure adequate financing cash flow[195]. - The financial statements do not reflect potential adjustments to asset values or provisions for financial liabilities if the group cannot continue its operations[195]. - The group’s financial risk management disclosures are not comprehensive in the interim financial statements and should be read in conjunction with the annual consolidated financial statements[200].