香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 KFM KINGDOM HOLDINGS LIMITED KFM 金德控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：3816） 截至2024年3月31日止年度全年業績公告 KFM金德控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附 屬公司（統稱為「本集團」）截至2024年3月31日止年度（「年內」）之綜合業績（根據香港聯合 交易所有限公司（「聯交所」）證券上市規則（「上市規則」）之相關規定編製），連同截至2023 年3月31日止年度之比較數字。 代表 KFM金德控股有限公司 主席 孫國華 香港，2024年6月26日 於本公告日期，執行董事為孫國華先生（主席及行政總裁）及黃志國先生；及獨立非執行 董事為尹錦滔先生、趙悅女士及沈哲清先生。 – 1 – 綜合損益及其他全面收益表 截至2024年3月31日止年度 | | | 2024年 | 2023年 | | --- ...

Financial Performance - The company reported revenue of approximately HKD 314.1 million for the six months ended September 30, 2023, a decrease of about HKD 29.0 million or 8.5% compared to HKD 343.1 million in the same period last year[8]. - Gross profit increased to approximately HKD 67.0 million, up about HKD 3.8 million or 6.0% from HKD 63.2 million year-on-year, with a gross margin of approximately 21.3%, an increase of 2.9% from 18.4%[10]. - The company recorded a net profit of approximately HKD 29.4 million, compared to HKD 33.0 million in the same period last year[10]. - Profit before tax for the period was HKD 35,682,000, down 10.4% from HKD 39,550,000 in 2022[77]. - Net profit for the period was HKD 29,430,000, a decrease of 10.4% compared to HKD 32,953,000 in the same period last year[77]. - Total comprehensive income for the period was HKD 27,262,000, significantly higher than HKD 14,223,000 in 2022[77]. - The company's profit attributable to owners for the six months ended September 30, 2023, was HKD 29,430,000, down from HKD 32,953,000 in 2022, representing a decline of 7.6%[130]. Revenue Breakdown - Revenue from Southeast Asia, China, Europe, and North America accounted for approximately 49.7%, 31.7%, 14.1%, and 2.8% of total revenue, respectively[11]. - Revenue from Southeast Asia increased to HKD 156.1 million, up 1.1% from HKD 154.4 million in 2022[115]. - Revenue from China decreased significantly to HKD 99.4 million, down 22.1% from HKD 127.7 million in 2022[115]. - Major customer A contributed HKD 192.3 million to total revenue, significantly up from HKD 89.4 million in 2022[119]. Expenses and Costs - Sales costs decreased by approximately HKD 32.7 million or 11.7%, with sales costs as a percentage of total revenue at approximately 78.7%, down from 81.6%[13]. - Distribution and selling expenses decreased to approximately HKD 3.1 million from HKD 3.4 million in the same period last year[17]. - General and administrative expenses remained stable at approximately HKD 33.7 million and HKD 33.8 million for the same period last year and the reporting period, respectively[18]. - Financial expenses decreased to approximately HKD 3.4 million during the reporting period from HKD 4.6 million in the same period last year, primarily due to a reduction in the average balance of bank borrowings and lease liabilities[19]. - Research and development expenses for the period were HKD 9.4 million, down 27.5% from HKD 13.0 million in 2022[124]. Assets and Liabilities - Total current assets as of September 30, 2023, amounted to approximately HKD 582.8 million, representing 76.3% of total assets, compared to HKD 546.9 million or 75.0% as of March 31, 2023[23]. - The company's bank borrowings increased to HKD 38.15 million as of September 30, 2023, from HKD 22.686 million as of March 31, 2023, resulting in a debt-to-equity ratio of 7.1% compared to 4.4%[24]. - Total liabilities as of September 30, 2023, included bank borrowings of HKD 38.8 million and lease liabilities of HKD 94.2 million[112]. - The company's inventory as of September 30, 2023, was HKD 114,907,000, a decrease of 11.0% from HKD 128,812,000 as of March 31, 2023[137]. - Accounts receivable increased to HKD 139,802,000 as of September 30, 2023, compared to HKD 110,847,000 as of March 31, 2023, reflecting a growth of 26.1%[138]. Cash Flow - Cash and cash equivalents at the end of the period increased to HKD 116,220,000 from HKD 96,803,000 at the beginning of the period[89]. - Operating cash flow for the six months was HKD 27,257,000, a recovery from a cash outflow of HKD 36,769,000 in the previous year[88]. Corporate Governance and Compliance - The audit committee has reviewed the interim financial information and confirmed compliance with applicable standards and regulations[66]. - The independent auditor did not find any issues that would lead to a belief that the interim financial information was not prepared in accordance with the relevant accounting standards[75]. - The company has complied with the corporate governance code during the reporting period[62]. Share Options and Capital Management - The maximum number of shares that can be issued under the revised share option plan is capped at 10% of the total shares issued as of the approval date, which amounts to a maximum of 60,000,000 shares[45]. - The company may seek shareholder approval to update the plan authorization limit, ensuring that the total shares issued under the revised plan does not exceed 10% of the total shares issued at the time of the update[48]. - Any share options granted to eligible participants must have a vesting period of no less than 12 months from the acceptance date of the share option offer[51]. - The exercise price of any share options must be determined by the board and cannot be lower than the higher of the official closing price on the grant date or the average closing price over the five trading days preceding the grant date[54]. - The revised share option plan is effective for a period of 10 years starting from August 23, 2022, with a remaining term of approximately 9 years as of the report date[56]. Future Plans and Strategic Initiatives - The company plans to establish an overseas production base in Malaysia to provide supply solutions outside of China, responding to clients' supply chain restructuring trends[36]. - The company is committed to seeking long-term and sustainable new business opportunities to enhance performance and create greater value for customers, shareholders, and investors[36].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 KFM KINGDOM HOLDINGS LIMITED KFM 金 德 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：3816） 截至2023年9月30日止六個月 中期業績公告 KFM金德控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈本公司及其附 屬公司（統稱為「本集團」）截至2023年9月30日止六個月（「報告期間」）之中期業績（根據香 港聯合交易所有限公司證券上市規則（「上市規則」）之相關規定編製），連同2022年同期 之比較數字。 代表 KFM金德控股有限公司 主席 張海峰 香港，2023年11月20日 ...

Financial Performance - For the fiscal year ending March 31, 2023, the company's revenue decreased by approximately 1.2% to about HKD 605.1 million from HKD 612.2 million in the previous year[8]. - The gross profit margin improved to approximately 17.1%, up from 16.3% in the previous year, primarily due to changes in product mix and better cost control[10]. - The company recorded a net profit of approximately HKD 22.7 million, a significant turnaround from a net loss of HKD 48.0 million in the previous year[10]. - General and administrative expenses increased to approximately HKD 75.5 million, up from HKD 65.9 million, mainly due to higher R&D costs[16]. - The group's revenue for the year was approximately HKD 605.1 million, a decrease of about HKD 7.1 million or 1.2% compared to HKD 612.2 million in the previous year[20]. - Sales cost for the year was approximately HKD 501.8 million, a decrease of about HKD 10.4 million or 2.0% compared to HKD 512.3 million in the previous year, with the sales cost as a percentage of total revenue at approximately 82.9%, down from 83.7%[21][22]. - Gross profit for the year was approximately HKD 103.3 million, an increase of about HKD 3.4 million or 3.4% compared to HKD 99.9 million in the previous year, resulting in a gross margin of approximately 17.1%, up from 16.3%[23]. - Other income for the year was approximately HKD 8.6 million, compared to a loss of approximately HKD 4.0 million in the previous year, primarily due to a net exchange gain of about HKD 7.8 million from RMB depreciation[25]. - Financial expenses for the year were approximately HKD 8.5 million, an increase from HKD 5.5 million in the previous year, attributed to higher average balances of bank loans and lease liabilities[28]. - The company's attributable profit for the year was approximately HKD 22.7 million, compared to HKD 13.3 million in the previous year, reflecting improved financial performance[30]. Business Strategy and Operations - The company plans to invest in a new production base in Malaysia to better serve clients relocating their operations to Southeast Asia[11]. - The overall business environment remains uncertain due to geopolitical tensions, high inflation, and rising interest rates, which are expected to continue impacting the global economy[17]. - The company aims to optimize operations and implement strict cost control measures to strengthen its financial position[11]. - Revenue from clients in the network and data storage sector increased due to accelerated digitalization and increased internet activity post-pandemic[16]. - The company anticipates ongoing challenges in the manufacturing sector in China due to de-globalization and rising production costs[11]. - The company is committed to exploring long-term and sustainable new business opportunities to create greater value for customers and shareholders[12]. Corporate Governance - The board of directors consists of six members, including two executive directors, one non-executive director, and three independent non-executive directors, maintaining compliance with listing rules[54]. - The company has implemented a board diversity policy, ensuring at least one female member on the board, which has been achieved as of the report date[57]. - The board is committed to high standards of corporate governance, having adhered to the corporate governance code as per the listing rules for the year ending March 31, 2023[51]. - The roles of the chairman and CEO are separated, with distinct responsibilities outlined and approved by the board[61]. - The board held four meetings and one annual general meeting during the year, with all directors attending all meetings[68]. - The audit committee reviewed the consolidated financial statements for the year ended March 31, 2022, and the interim financial statements for the six months ended September 30, 2022[74]. - The remuneration committee held two meetings to review the remuneration policies and approved the salaries and bonuses for executive directors and senior management[83]. - The company adopted a standard code for securities trading by directors, confirming full compliance by all directors during the year[69]. - The nomination committee reviewed the board's structure, size, and composition, and assessed the independence of independent non-executive directors[79]. - The audit committee consists of three independent non-executive directors, with the chairman possessing appropriate professional qualifications and experience in accounting[71]. - The company has established a remuneration committee to recommend overall remuneration policies for all directors and senior management[80]. - The board has adopted a practice of holding at least four regular meetings annually, approximately once per quarter[66]. - The company ensures that all directors receive meeting agendas and documents at least three days prior to regular board meetings[66]. - The board reviewed significant matters, including the annual consolidated financial statements and dividend recommendations during board meetings[66]. - The board has adopted a nomination policy to ensure a balanced skill set, experience, and diverse perspectives within the board[86]. - The selection criteria for nominees include commitment of time, integrity, industry achievements, efficiency in board duties, and diversity[90]. - The external auditor's fees for the year ending March 31, 2023, totaled HKD 1,194,000, including HKD 850,000 for audit services and HKD 270,000 for interim review services[94]. - The board is responsible for overseeing the risk management and internal control systems, which are deemed effective and sufficient as of March 31, 2023[95]. - The company has implemented a policy for handling and disclosing inside information to ensure accuracy and timeliness[96]. - Shareholders holding at least 10% of the voting shares can request a special general meeting within two months of submission[98]. - Shareholders can submit inquiries to the board through the company secretary at any time[99]. Environmental, Social, and Governance (ESG) Initiatives - The company has established a sustainable development strategy that includes integrating environmental factors into operations and enhancing corporate social responsibility performance[108]. - The report covers the group's operations in Suzhou, China, focusing on precision metal manufacturing, with a comparison of ESG performance data from the sold Shenzhen and Shanghai units as of December 2021[107]. - The board has reviewed the effectiveness of the shareholder communication policy and deemed it effective as of March 31, 2023[103]. - The company has set up a review process to ensure the accuracy and reliability of the information contained in the ESG report[108]. - The ESG report is prepared according to the guidelines set out in the listing rules, focusing on key performance indicators that are quantifiable and comparable[110]. - The company aims to balance environmental, market, and social advantages while addressing global sustainability trends[108]. - The importance assessment identified key ESG issues such as greenhouse gas emissions, energy efficiency, and employee health and safety[113]. - Total carbon dioxide emissions for the fiscal year ending March 31, 2023, were approximately 4,937 tons, a reduction of about 4,886 tons or 49.7% compared to the previous year[115]. - Indirect greenhouse gas emissions (Scope 2) accounted for 93% of total emissions in the fiscal year ending March 31, 2023, compared to 95% in the previous year[117]. - The total amount of harmless waste disposed of was approximately 1,777 tons for the fiscal year ending March 31, 2023, down from 2,283 tons in the previous year[119]. - The use of recyclable packaging materials increased to approximately 18% of total sales products for the fiscal year ending March 31, 2023, up from 6% in the previous year[126]. - Indirect energy consumption decreased by approximately 5.73 million kWh or 50.2% to about 5.69 million kWh for the fiscal year ending March 31, 2023[122]. - Direct energy consumption decreased by approximately 0.6 million kWh or 27.3% to about 1.6 million kWh for the fiscal year ending March 31, 2023[122]. - Total water resource consumption decreased by approximately 15.3 thousand tons or 34.2% to about 29.4 thousand tons for the fiscal year ending March 31, 2023[124]. - The company has installed numerous solar panels on factory rooftops to reduce electricity consumption and greenhouse gas emissions[128]. - The company aims to continuously reduce greenhouse gas emissions and improve the efficiency of electricity and water resource usage in the future[119]. - The company has implemented various measures to save energy and reduce greenhouse gas emissions, including the introduction of solar power and smart energy-saving switches[119]. Employee and Labor Relations - As of March 31, 2023, the total number of full-time employees in the group was 974, a decrease from 1,053 in 2022[46]. - The gender ratio among employees is approximately 2.1:1, with 659 male employees and 315 female employees as of March 31, 2023, compared to 750 male and 303 female employees in 2022[57]. - The company provides ongoing training to employees to enhance their skills and product knowledge[46]. - The company has established a labor union to protect employee rights and interests, facilitating discussions on improving employee welfare[133]. - The average training hours per employee increased to 58% for operational staff in 2023, up from 47% in 2022, indicating a focus on employee development[138]. - The average training hours for management staff increased to 16% in 2023 from 12% in 2022, reflecting an emphasis on leadership development[138]. - The proportion of employees aged 35 and below was 67% in 2023, a decrease from 72.3% in 2022, suggesting an aging workforce trend[134]. - Employee turnover rate decreased to 19.0% in 2023 from 23.4% in 2022[156]. - The total number of trained employees decreased to 13,792 in 2023 from 19,561 in 2022[156]. - The number of workdays lost due to occupational injuries decreased to 233 days in 2023 from 278 days in 2022[156]. - The percentage of trained employees in senior and middle management increased to 8.4% in 2023 from 6.2% in 2022[156]. - The number of male employees decreased from 750 in 2022 to 659 in 2023, a decline of approximately 12%[154]. - The company has implemented strict supplier management policies, requiring suppliers to pass rigorous audits to be included in the qualified supplier list[142]. - The company has maintained ISO 9001 certification since 1995, ensuring adherence to international quality management standards[143]. - All returned products in 2023 were related to quality defects, with no significant health and safety issues reported, demonstrating a focus on product responsibility[145]. Community Engagement and Social Responsibility - The company has engaged in community investment initiatives, including hiring disabled residents and supporting local educational programs[152]. - The company aims to strengthen partnerships with charitable organizations to promote sustainable development in the community[151]. - The company has focused on community investment, ensuring business activities consider community interests[167]. - The company is actively involved in protecting consumer data and privacy, with policies and monitoring methods described[167]. - The company has a strategic focus on mergers and acquisitions, with recommendations provided to the board[171]. - The company has engaged in community participation to understand local needs and ensure business activities align with community benefits[167]. Financial Policies and Risks - The company reported no final dividend for the year, consistent with the previous year, and no interim dividend was paid[190]. - As of March 31, 2023, the company's distributable reserves amounted to approximately HKD 257.6 million, consisting of retained earnings of about HKD 231.5 million and share premium of approximately HKD 26.1 million[198]. - The company did not make any donations during the year ending March 31, 2023, compared to HKD 175,000 in 2022[200]. - The company is committed to providing high-quality products and actively managing customer relationships to expand its customer base and enhance loyalty[187]. - The company faces various financial risks, including foreign exchange risk, interest rate risk, credit risk, and liquidity risk[183]. - The company has adopted a dividend policy that considers various factors, including financial performance and cash flow needs[192]. - The company emphasizes corporate social responsibility as a key element of its sustainable development strategy, engaging in community and charitable activities[182]. - The company operates under strict compliance with relevant environmental regulations in its mainland China operations[185]. - The company has established close and long-term relationships with its suppliers to ensure the delivery of quality raw materials[188].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 KFM KINGDOM HOLDINGS LIMITED KFM 金 德 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：3816） 截至2023年3月31日止年度全年業績公告 KFM金德控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附 屬公司（統稱為「本集團」）截至2023年3月31日止年度（「年內」）之綜合業績（根據香港聯合 交易所有限公司（「聯交所」）證券上市規則（「上市規則」）之相關規定編製），連同截至2022 年3月31日止年度之比較數字。 代表 KFM金德控股有限公司 主席 張海峰 香港，2023年6月26日 於本公告日期，執行董事為孫國華先生及黃志國先生；非執行董事為張海峰先生（主席）； ...

Financial Performance - The company recorded revenue of approximately HKD 343.1 million for the six months ended September 30, 2022, an increase of approximately HKD 79.6 million or 30.2% compared to HKD 263.5 million in the same period last year[10]. - Gross profit increased to approximately HKD 63.2 million, up about HKD 18.1 million or 40.1% from approximately HKD 45.1 million in the previous year, with an overall gross margin rising from 17.1% to 18.4%[13]. - The net profit for the period was approximately HKD 33.0 million, a turnaround from a net loss of HKD 65.7 million in the previous year, primarily due to increased demand from clients in the internet and data storage sectors[13]. - Revenue from continuing operations for the six months ended September 30, 2022, was HKD 343,073,000, an increase of 30.2% compared to HKD 263,453,000 for the same period in 2021[84]. - Gross profit for the same period was HKD 63,237,000, representing a 40.3% increase from HKD 45,069,000 in 2021[84]. - Profit before tax increased significantly to HKD 39,550,000, up 282.5% from HKD 10,339,000 in the previous year[84]. - The net profit attributable to owners of the company was HKD 32,953,000, compared to a loss of HKD 65,718,000 in the same period last year[87]. - Basic and diluted earnings per share from continuing and discontinued operations were HKD 5.49, a recovery from a loss of HKD 10.96 in the previous year[87]. Revenue Breakdown - Revenue by region showed that Southeast Asia accounted for approximately 45.0%, China 37.2%, Europe 11.6%, and North America 4.6% of total revenue[14]. - Revenue breakdown by region for the six months ended September 30, 2022: Southeast Asia HKD 154,412,000, China HKD 127,701,000, Europe HKD 39,721,000, North America HKD 15,837,000, and others HKD 5,402,000[135]. Costs and Expenses - Sales costs increased by approximately HKD 61.4 million or 28.1% to HKD 279.8 million, mainly due to the rise in revenue[18]. - General and administrative expenses increased from approximately HKD 30.7 million in the same period last year to about HKD 33.7 million, primarily due to higher employee and R&D costs, aligning with revenue growth[24]. - Financial expenses rose to approximately HKD 4.6 million during the reporting period, compared to about HKD 1.7 million in the previous year, mainly due to an increase in average bank borrowings and lease liabilities[25]. - Income tax expenses increased to approximately HKD 6.6 million from about HKD 2.2 million in the same period last year, primarily due to an increase in taxable profits[26]. - The cost of goods sold for the six months ended September 30, 2022, was 279,836,000 HKD, compared to 218,384,000 HKD in 2021, reflecting an increase of about 28%[149]. Cash Flow and Assets - Current assets totaled approximately HKD 596.9 million as of September 30, 2022, compared to HKD 567.2 million as of March 31, 2022, representing 76.1% and 73.0% of total assets, respectively[31]. - The company reported a cash and cash equivalents balance of HKD 57,910,000, down from HKD 82,841,000 as of March 31, 2022[90]. - For the six months ended September 30, 2022, the company reported a net cash outflow from operating activities of HKD (36,769) thousand, compared to a net cash inflow of HKD 5,990 thousand in the same period of 2021[102]. - The company experienced a significant decrease in cash and cash equivalents, with a net decrease of HKD (22,255) thousand, compared to a net decrease of HKD (113,659) thousand in the prior year[104]. - As of September 30, 2022, the company's cash and cash equivalents stood at HKD 57,910 thousand, down from HKD 128,573 thousand a year earlier[104]. - Total assets as of September 30, 2022, amounted to HKD 784,835,000, a slight increase from HKD 776,494,000 as of March 31, 2022[90]. - Total liabilities decreased to HKD 265,949,000 from HKD 271,831,000 as of March 31, 2022[93]. Shareholder Information - The total number of shares that can be issued under the new share option scheme is 60,000,000 shares, accounting for 10% of the company's issued share capital[57]. - The major shareholder, Massive Force Limited, holds 449,999,012 shares, representing 75% of the company's equity[63]. - The company did not recommend any interim dividend during the reporting period[67]. - No share options were granted, exercised, cancelled, lapsed, or unexercised during the reporting period[57]. Strategic Focus and Future Plans - The company plans to diversify and restructure its supply chain strategy to mitigate political risks arising from US-China trade disputes and aims to establish new production bases outside of China, particularly in Southeast Asia[47]. - The company is focused on developing new customers in response to increased demand from the data and internet sectors, driven by the digitalization of business processes since the pandemic[50]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[85]. - The company plans to continue its focus on precision metal stamping products, aiming for market expansion and potential new product development[107]. Compliance and Governance - The audit committee reviewed the interim financial information and confirmed compliance with the relevant standards and regulations[69]. - The company confirmed compliance with the corporate governance code during the reporting period[65]. - The company did not conduct any purchases, sales, or redemptions of its own securities during the reporting period[72]. - There were no acquisitions or disposals of subsidiaries or associated companies during the reporting period[70]. - The company has not reported any significant impacts from the application of revised Hong Kong Financial Reporting Standards during the period[115]. Employee Information - As of September 30, 2022, the total number of employees was 1,024, a decrease from 1,555 employees a year earlier, with ongoing training provided to enhance skills and product knowledge[51].

Financial Performance - For the fiscal year ending March 31, 2022, the company's revenue increased by approximately 50.7% to about HKD 612.2 million, up from approximately HKD 406.3 million in the previous year[16]. - The overall gross profit rose by about 20.9% to approximately HKD 99.9 million, compared to approximately HKD 82.6 million in the prior year, despite a decline in gross margin from 20.3% to 16.3% due to rising production costs and changes in product mix[23]. - The company recorded a net loss of approximately HKD 48.0 million for the fiscal year, compared to a net profit of approximately HKD 18.4 million in the previous year, primarily due to the sale of a loss-making subsidiary[16]. - Total revenue from continuing operations for the year was approximately HKD 612.2 million, an increase of approximately HKD 205.9 million or 50.7% compared to HKD 406.3 million in the previous year[26]. - The group recorded a net profit of approximately HKD 13.3 million from continuing operations, compared to HKD 9.1 million in the same period last year, while a loss of approximately HKD 61.4 million was recorded from the discontinued metal lathe processing business[24]. Cost Management - General and administrative expenses increased by approximately 17.0% to about HKD 65.9 million, up from approximately HKD 56.3 million in the previous year, aligning with the increase in revenue[23]. - The cost of sales increased by approximately HKD 188.6 million or 58.3%, primarily due to increased revenue and rising direct costs, with total sales costs accounting for approximately 83.7% of total revenue[27][28]. - Distribution and selling expenses increased to approximately HKD 7.0 million from HKD 5.7 million in the previous year, consistent with revenue growth[31]. - The gross profit margin decreased to approximately 16.3%, down from 20.3% in the previous year, mainly due to changes in product mix[29]. Operational Strategy - The company plans to continue optimizing operations and implementing strict cost control measures to strengthen its financial position, including lower leverage ratios and improved asset returns[17]. - The company aims to explore more potential opportunities to expand its customer base and product offerings in response to ongoing challenges in the market[17]. - The company anticipates ongoing challenges from high production costs in the Chinese manufacturing sector and the continued migration of some customers' businesses to Southeast Asia[17]. - The company recognizes the impact of global economic uncertainties, including geopolitical tensions and the ongoing effects of the COVID-19 pandemic, on its business outlook[16]. Corporate Governance - The board is committed to maintaining high standards of corporate governance to enhance shareholder value and accountability[51]. - The roles of the chairman and CEO are separated, with distinct responsibilities outlined and approved by the board[58]. - The company has established a framework for corporate governance, including the formation of various committees to oversee specific areas[66]. - The audit committee, consisting of three independent non-executive directors, reviewed the consolidated financial statements for the year ended March 31, 2021[69]. - The company has implemented an internal control system aimed at achieving operational efficiency, reliable financial reporting, and compliance with applicable laws and regulations[92]. Environmental, Social, and Governance (ESG) Initiatives - The ESG report covers the group's performance in environmental, social, and governance aspects, focusing on sustainable development strategies[101]. - The report includes key performance indicators related to ESG, adhering to the "comply or explain" principle for transparency[104]. - The company is committed to balancing environmental, market, and social advantages in its sustainable development strategy[103]. - The company has maintained compliance with relevant environmental laws and regulations, ensuring effective control of waste emissions[107]. - The company has been certified under the ISO 14001 international environmental management system since 1998, reflecting its commitment to environmental monitoring[107]. Employee Management - As of March 31, 2022, the total number of full-time employees was 1,053, down from 1,356 in 2021[46]. - The employee distribution by category as of March 31, 2022, was 80% senior management, 13% engineering staff, 6% middle management, and 1% operational staff[122]. - The company maintained a zero work-related fatality record for the years ended March 31, 2022, 2021, and 2020[127]. - Average training hours per employee for management, engineering staff, and operational staff were 12%, 47%, and 41% respectively for the year ended March 31, 2022[129]. - Employee turnover rate rose to 23.4% in 2022 from 14.6% in 2021, indicating a significant increase in employee attrition[140]. Community Engagement - The company made cash donations of HKD 174,726 to charitable organizations during the fiscal year ending March 31, 2022, and actively participated in local community activities[136]. - The company has provided internship opportunities for Chinese university students in engineering and production departments to gain work experience[137]. - The company has established a partnership with medical institutions to provide free health check-ups for employees at its Suzhou and Shenzhen facilities[137]. - The company is committed to sustainable development and is actively seeking new opportunities to enhance its community contributions and partnerships with charitable organizations[138]. Financial Position - The group’s total current assets amounted to approximately HKD 567.2 million as of March 31, 2022, down from HKD 683.6 million as of March 31, 2021[36]. - The debt-to-equity ratio improved to 7.2% from 29.7% in the previous year, reflecting a reduction in total liabilities[37]. - As of March 31, 2022, the company has distributable reserves of approximately HKD 254.5 million, consisting of retained earnings of about HKD 228.4 million and share premium of approximately HKD 26.1 million[179]. - The company has no significant contingent liabilities as of March 31, 2022[45]. - The company has no bank borrowings secured against its assets as of March 31, 2022[42].

KFM KINGDOM HOLDINGS LIMITED KFM 金德控股有限公司 INTERIM REPORT 2021 OUR GOALS ARE FAR AND HIGH WE CULTIVATE FOR 中期報告 (於開曼群島註冊成立之有限公司) (股份代號: 3816) (Incorporated in the Cayman Islands with limited liability) (HKEx Stock Code: 3816) 中期報告 INTERIM REPORT 我們的眼光是長遠的 不會為今天的利益而放棄 www.kingdom.com.hk www.kingdom.com.hk 目錄 2 公司資料 4 中期業績回顧 18 中期簡明綜合財務資料審閱報告 20 中期簡明綜合損益及其他全面收益表 22 中期簡明綜合財務狀況表 24 中期簡明綜合權益變動表 25 中期簡明綜合現金流量表 26 中期簡明綜合財務資料附註 公司資料 非執行董事 張海峰先生（主席） 執行董事 孫國華先生（行政總裁） 黃志國先生 獨立非執行董事及審核委員會 尹錦滔先生（主席） 趙悅女士 沈哲清先生 薪酬委員會 趙悅女士 ...

> KFM 金德控股有限公司 (於開曼群島註冊成立之有限公司） (股份代號: 3816) 2021 alley alle 我們的眼光是 長 遠 的 不會為今天的利益而放棄 明 ■ 88 www.kingdom.com.hk 目錄 | --- | --- | |--------------------------|-------| | | | | 財務概要 | 2 | | 公司資料 | 3 | | 主席報告書 | 4 | | 業務回顧 | 6 | | 企業管治報告 | 12 | | 環境、社會及管治報告 | 23 | | 董事及高級管理人員簡歷 | 30 | | 董事會報告 | 33 | | 獨立核數師報告 | 45 | | 綜合損益及其他全面收益表 | 49 | | 綜合財務狀況表 | 50 | | 綜合權益變動表 | 52 | | 綜合現金流量表 | 53 | | 綜合財務報表附註 | 55 | | 五年財務資料摘要 | 119 | KFM金德控股有限公司 02 2021年年報 財務概要 收入 截至3月31日止年度 （千港元） 資產總額 截至3月31日 （千港元） 2017年 2018年 2019年 202 ...

(於開曼群島註冊成立之有限公司) (股份代號 : 3816) 我們的眼光是 長遠的 不會為今天的利益而放棄 明 天 www.kingdom.com.hk 中期報告 2020 目錄 2 公司資料 4 中期業績回顧 18 中期簡明綜合財務資料審閱報告 20 中期簡明綜合損益及其他全面收益表 21 中期簡明綜合財務狀況表 23 中期簡明綜合權益變動表 24 中期簡明綜合現金流量表 25 中期簡明綜合財務資料附註 公司資料 註冊辦事處 薪酬委員會 提名委員會 非執行董事 張海峰先生（主席） 執行董事 孫國華先生（行政總裁） 黃志國先生 獨立非執行董事及審核委員會 尹錦滔先生（主席） 趙悅女士 沈哲清先生 趙悅女士（主席） 張海峰先生 尹錦滔先生 張海峰先生（主席） 孫國華先生 尹錦滔先生 趙悅女士 沈哲清先生 總部及香港主要營業地點 香港新界 荃灣海盛路3號 TML廣場31樓C室 中國主要營業地點 中國江蘇省 蘇州高新區金山南路881號 Conyers Trust Company (Cayman) Limited Cricket Square, Hutchins Drive P.O. Box 2681 Grand C ...