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电讯数码控股(06033) - 致非登记股东通知信函及指示表格 - 关於2024/25中期报告之发佈...
2024-12-17 11:19
Telecom Digital Holdings Limited 電 訊 數 碼 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) (Stock Code 股份代號: 6033) NOTIFICATION LETTER 通知信函 Dear Non-registered Shareholder(s)(Note 1) , 18 December 2024 The following document(s) of Telecom Digital Holdings Limited (the "Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.tdhl.cc and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "We ...
电讯数码控股(06033) - 致登记股东通知信函及指示表格 - 关於2024/25中期报告之发佈通...
2024-12-17 11:17
Telecom Digital Holdings Limited 電 訊 數 碼 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) (Stock Code 股份代號: 6033) NOTIFICATION LETTER 通知信函 Dear Registered Shareholder(s), 18 December 2024 The following document(s) of Telecom Digital Holdings Limited (the "Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.tdhl.cc and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "Websites"):- • ...
电讯数码控股(06033) - 2025 - 中期财报
2024-12-17 11:06
Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 538,745,000, a decrease of 16.1% compared to HKD 641,846,000 for the same period in 2023[3] - The profit attributable to the company's owners for the period was HKD 22,788,000, down 60.8% from HKD 58,115,000 in the previous year[3] - The company's basic and diluted earnings per share decreased to HKD 0.06 from HKD 0.14, representing a decline of 57.1%[4] - Total comprehensive income for the period was HKD 22,059,000, compared to HKD 58,588,000 in the same period last year, reflecting a decrease of 62.4%[4] - The company reported a pre-tax profit of HKD 28,415,000 for the six months ended September 30, 2024, compared to HKD 68,258,000 for the same period in 2023, indicating a significant decrease[40] - Other income and gains significantly dropped to approximately HKD 2.66 million, a decrease of about 93.5% from HKD 41.16 million in the previous year, mainly due to last year's property sale gains[128] - Profit attributable to owners for the period was approximately HKD 22.79 million, a decrease of about 60.8% from HKD 58.12 million in 2023, mainly due to lower gross profit and the absence of property sale gains[132] Revenue Breakdown - Revenue from product sales was HKD 381,484,000, down 16.9% from HKD 458,616,000 year-over-year[34] - Revenue from operational services was HKD 136,235,000, a decline of 13.5% compared to HKD 157,419,000 in the previous year[34] - Rental income from properties increased slightly to HKD 10,859,000 from HKD 10,173,000, representing a growth of 6.8%[34] - The product business generated revenue of approximately HKD 382.67 million, down 17.4% from HKD 463.43 million in the previous year, accounting for about 71.0% of total revenue[127] - Revenue from the operation services segment decreased by approximately 13.5% to about HKD 136.24 million, compared to HKD 157.42 million in 2023[127] - Property investment revenue slightly increased to approximately HKD 10.86 million, up about 6.8% from HKD 10.17 million in 2023, primarily due to rental income from a building acquired in May 2022[127] Assets and Liabilities - Non-current assets as of September 30, 2024, amounted to HKD 1,014,845,000, slightly down from HKD 1,019,140,000 as of March 31, 2024[6] - Current assets increased to HKD 295,437,000 from HKD 206,249,000, marking an increase of 43.3%[6] - Current liabilities totaled HKD 788,048,000, up from HKD 709,636,000, indicating an increase of 11.0%[9] - The net asset value of the company increased to HKD 499,581,000 from HKD 493,672,000, reflecting a growth of 1.8%[11] - The group had net current liabilities of approximately HKD 492.61 million and cash and cash equivalents of approximately HKD 29.10 million as of September 30, 2024[138] Cash Flow - For the six months ended September 30, 2024, the net cash used in operating activities was HKD (20,361) thousand, a significant decrease compared to HKD 74,794 thousand for the same period in 2023[19] - The net cash used in investing activities was HKD (6,336) thousand, down from HKD 86,614 thousand in the previous year, indicating a substantial reduction in investment outflows[21] - The financing activities generated a net cash inflow of HKD 28,412 thousand, contrasting with a net cash outflow of HKD (165,451) thousand in the prior period[21] - The group’s cash and cash equivalents increased to HKD 29,100 thousand from HKD 25,639 thousand year-over-year, reflecting a positive cash flow trend[21] Dividends and Shareholder Information - The interim dividend declared for the second quarter was 0.03 HKD per share, totaling 16,150,000 HKD, compared to 12,113,000 HKD for the same period in 2023[59] - The board declared an interim dividend of HKD 0.03 per share for the period ended September 30, 2024, compared to no dividend in 2023[143] - As of September 30, 2024, the company has issued 403,753,000 shares, with CKK Investment holding approximately 54.49% of the issued shares[160] Operational Insights - The company plans to focus on market expansion and new product development to drive future growth[5] - The company operates 70 retail stores in Hong Kong, providing a variety of electronic and consumer products[118] - The overall market environment remains challenging due to economic slowdown, weak consumer confidence, and intensified competition[118] - The short-term business outlook remains challenging due to weak economic conditions and low consumer confidence in Hong Kong's retail sector[149] - The group is focused on enhancing cost management and improving overall operational efficiency for future growth[149] Compliance and Governance - The group’s financial statements are prepared based on the Hong Kong Financial Reporting Standards, ensuring compliance with local regulations[26] - The company has established an audit committee consisting of all independent non-executive directors to oversee financial reporting and internal controls[172] - The company has complied with the Corporate Governance Code, except for the deviations mentioned in the report[169] - The board of directors confirmed compliance with the securities trading standards throughout the reporting period[164] - The company is committed to maintaining transparency and governance standards as per the listing rules[169]
电讯数码控股(06033) - 截至2025年3月31日止第二季度中期股息
2024-11-28 12:22
EF001 免責聲明 | 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 | | | --- | --- | | 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的任何損失承擔任何責任。 | | | | 股票發行人現金股息公告 | | 發行人名稱 | 電訊數碼控股有限公司 | | 股份代號 | 06033 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年3月31日止第二季度中期股息 | | 公告日期 | 2024年11月28日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 第二季度 | | 股息性質 | 普通股息 | | 財政年末 | 2025年3月31日 | | 宣派股息的報告期末 | 2024年9月30日 | | 宣派股息 | 每 股 0.03 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.03 HKD | | 匯率 | 1 HKD : 1 H ...
电讯数码控股(06033) - 2025 - 中期业绩
2024-11-28 12:09
Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 538,745,000, a decrease of 16.1% compared to HKD 641,846,000 for the same period in 2023[3] - Profit before tax for the period was HKD 28,415,000, a significant decline of 58.3% from HKD 68,258,000 in the previous year[3] - Net profit attributable to the owners of the company was HKD 22,788,000, down 60.8% from HKD 58,115,000 in the same period last year[3] - Basic and diluted earnings per share decreased to HKD 0.06 from HKD 0.14, representing a decline of 57.1%[3] - The company reported a foreign exchange loss of HKD 140,000 for the period, compared to a gain of HKD 473,000 in the previous year[3] - Other income for the six months ended September 30, 2024, was HKD 2,655,000, a significant decrease from HKD 41,164,000 in the previous year[36] - The company's net profit attributable to shareholders for the period was approximately HKD 22.79 million, a decline of about 60.8% from HKD 58.12 million in 2023[100] - Financing costs decreased by approximately 19.4% to about HKD 16.36 million, down from HKD 20.29 million in 2023, due to repayment of bank loans[98] Revenue Breakdown - Revenue from product sales was HKD 381,484 thousand, a decrease of 16.8% compared to HKD 458,616 thousand in the prior year[24] - The product business generated revenue of HKD 382,874,000, down 17.4% from HKD 463,701,000 in the previous year[32] - Operating services revenue was HKD 136,235,000, a decrease of 13.4% from HKD 157,419,000 year-over-year[32] - The company reported a decrease in operating service revenue to HKD 136,235 thousand from HKD 157,419 thousand year-over-year[24] - Property investment revenue slightly increased to approximately HKD 10.86 million, up about 6.8% from HKD 10.17 million in 2023, mainly due to rental income from a building acquired in May 2022[91] Cash Flow and Liquidity - For the six months ended September 30, 2024, the net cash used in operating activities was HKD (20,361) thousand, a significant decrease compared to HKD 74,794 thousand for the same period in 2023[12] - The net cash used in investing activities was HKD (6,336) thousand, a sharp decline from HKD 86,614 thousand in the previous year[12] - The net cash generated from financing activities was HKD 28,412 thousand, a turnaround from a net cash used of HKD (165,451) thousand in the same period last year[14] - Cash and cash equivalents increased to HKD 29,100 thousand as of September 30, 2024, compared to HKD 25,639 thousand at the end of the previous period[14] - The group has cash and cash equivalents of approximately HKD 29.10 million, up from HKD 27.33 million as of March 31, 2024[107] Assets and Liabilities - Non-current assets as of September 30, 2024, totaled HKD 1,014,845,000, slightly down from HKD 1,019,140,000 as of March 31, 2024[5] - Current assets increased to HKD 109,681,000 from HKD 75,328,000, marking a growth of 45.5%[5] - Total liabilities as of September 30, 2024, were HKD 788,048,000, compared to HKD 709,636,000 as of March 31, 2024, indicating an increase of 11.0%[7] - The company's total equity increased to HKD 499,581,000 from HKD 493,672,000, reflecting a growth of 1.8%[7] - As of September 30, 2024, the group reported a net current liability of approximately HKD 492.61 million, a slight decrease from HKD 503.39 million as of March 31, 2024[107] Shareholder Information - The company declared an interim dividend of HKD 0.04 per share for the second quarter, totaling HKD 16,150,000, compared to HKD 12,113,000 for the same period in 2023[42] - The board declared an interim dividend of HKD 0.03 per share for the period ending September 30, 2024, compared to no dividend in 2023[112] - As of September 30, 2024, the company has issued a total of 403,753,000 shares[129] - CKK Investment Limited holds 220,000,000 shares, representing approximately 54.49% of the company's issued shares[134] - The spouse of Mr. Zhang Jing Shan holds a total of 240,506,000 shares, which accounts for 59.57% of the company's issued shares[134] Corporate Governance - The company has adopted the Corporate Governance Code as per the listing rules, ensuring compliance with the relevant provisions[136] - The Audit Committee, consisting of all independent non-executive directors, has reviewed and approved the unaudited consolidated interim financial information for the six months ending September 30, 2024[138] - The company has maintained compliance with the Securities Listing Rules Appendix C1 regarding corporate governance practices[136] - The company’s major shareholders, excluding directors and senior management, have disclosed interests in the company's shares exceeding 5%[133] Operational Outlook - The business outlook remains challenging due to weak economic conditions and low consumer confidence in Hong Kong[117] - The group is committed to enhancing cost management and operational efficiency to navigate market challenges and seize potential opportunities[117]
电讯数码控股(06033) - 持续关连交易 – 退租协议
2024-11-15 11:02
香港交易及結算所有限公司及 聯交所 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 會 就 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。 持續關連交易 退租協議 退租協議 茲 提述 本 公 司日 期 為 2024年 3月 28日 、 2024年 9月 25日 及2024年 10月 2日 , 有 關 與 Sun Asia集 團 的 持 續 關 連 交 易 及 截 至 2025年 3月 31日 止 年 度 經 修 訂 年 度 上限由 10,860,000港 元 至 10,995,000港 元 之公告 。 除 另 行 界 定 者 外 , 本 公 告 所用 詞彙 與該 等公 告 所界 定者 具有 相同 涵 義。 於 2024年11月 15日,安 保 與 CKKJP就退 租 物 業 的退 租 簽 訂退 租 協議。根 據退 租協 議之 細則 及條 款,CKKJP應 於 2024年 11月 19日 將 該 租 賃協 議 項 下之 退 租 物 業 退還 予 安 保,退 租 物 業之 租賃 將會 完 ...
电讯数码控股(06033) - 董事会召开日期
2024-11-13 10:54
香港 ,2024年11月 13日 董事會召開日期 電 訊 數 碼 控 股 有 限 公 司 (「 本 公 司 」) 董 事 會 (「 董 事 會 」) 謹 宣 佈 , 本 公 司 將 於 2024年 11月 28日 (星期 四 ) 舉 行 董 事 會 會 議 , 藉 以 ( 其 中 包 括 ) 批 准 本公 司 及其 附 屬公 司截 至 2024年9月30日止 六 個月 的 中期 業績 及 其刊 發,以 及考 慮 派發 股 息( 如有 )。 承董 事 會命 電 訊 數 碼 控 股有 限公 司 主席 張敬石 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。 Telecom Digital Holdings Limited 電 訊 數 碼 控 股 有 限 公 司 (於 開 曼群 島 註冊 成立 的 有限 公 司) (股份代號: 6033) 於 ...
电讯数码控股(06033) - 盈利警告
2024-11-08 10:43
盈利警告 本 公 告 乃 由 電 訊 數 碼 控 股 有 限 公 司 (「 本公司 」 , 連 同 其 附 屬 公 司 統 稱 為 「本集團 」)根據 聯 交所 證 券上 市 規則(「 上市規則 」)第 13.09 條 及 香港 法 例 第 571 章證 券 及 期貨 條 例 第 XIVA 部中 的 內幕 消 息條 文( 定 義見 上 市規 則) 而 作出 。 本 公 司 董 事 會 ( 「 董事會 」 ) 謹 此 通 知 本 公 司 股 東 ( 「 股 東 」 ) 及 潛 在 投 資者 , 基於 本 公司 目前 可 得財 務 資料 及本 集 團截 至 2024 年 9 月 30 日 止六 個 月 期 間 ( 「 該 期 間 」 ) 之 未 經 審 核 綜 合 管 理 賬 目 的 初 步 審 閱 , 本 集 團 預 期於 該 期間 本 公司 擁有 人 應佔 溢 利減 少至 不 少 於 22.0 百 萬 港 元( 2023 年 : 約 58.1 百 萬港 元)。溢 利減 少 主要 由 於以 下 綜合 因 素所 影響:(i)沒 有出 售物 業 收益 ( 註: 去年 同 期錄 得 出售 物業 收 益 約 38.1 ...
电讯数码控股(06033) - 2024 - 年度财报
2024-07-11 09:36
Financial Performance - The group's revenue for the year ended March 31, 2024, was approximately HKD 1,372.77 million, a decrease of about 10.6% compared to HKD 1,535.45 million in 2023[30] - For the fiscal year ending March 31, 2024, total revenue was approximately HKD 1,372.77 million, a decrease of about 10.6% from HKD 1,535.45 million in 2023[50] - The net profit for the same period was approximately HKD 56.38 million, down from HKD 75.58 million in 2023, reflecting a decline of 25.4%[69] - Profit attributable to owners of the company was approximately HKD 56.38 million, a decrease of about 25.4% from HKD 75.58 million in 2023[55] - Revenue from the operations services segment declined by approximately 5.81% to about HKD 306.30 million due to intensified competition in the Hong Kong telecommunications market[20] - Product business revenue accounted for 74.6% of total revenue, amounting to HKD 1,023.36 million, down from 76.2% or HKD 1,169.36 million in the previous year[50] - Share of profits from associates decreased by approximately 18.7% to HKD 9.21 million, attributed to a decline in revenue from New Mobile Communications[53] - Other income and gains rose significantly by approximately 150.5% to HKD 43.39 million, driven by property sales gains of HKD 38.10 million[52] - Rental income from investment properties increased by approximately 47.4% to HKD 21.98 million, primarily due to rental income from a building acquired in May 2022[51] Operational Efficiency and Strategy - The group aims to refine its business model and enhance performance while actively seeking potential opportunities for business diversification[22] - The company plans to enhance operational efficiency and leverage its strong retail network of 73 stores to meet changing consumer demands[48] - The company aims to continue its digital transformation and innovation in 5G infrastructure and artificial intelligence[48] - The company operated 73 retail stores as of March 31, 2024, a reduction from 77 stores in 2023, contributing to decreased rental expenses[72] Environmental, Social, and Governance (ESG) Initiatives - The group has established environmental goals and will regularly review progress to continuously improve its environmental performance[4] - The group recognizes the increasing frequency of extreme weather events and is committed to reducing greenhouse gas emissions to address climate change[34] - The board is responsible for overseeing the management of environmental, social, and governance (ESG) strategies and ensuring compliance with relevant regulations and trends[3] - The company emphasizes the importance of environmental sustainability in its operations and strictly adheres to environmental laws and regulations, including the Environmental Protection Law of China and the Air Pollution Prevention and Control Law[83] - The company is committed to reducing greenhouse gas emissions intensity and ensuring that newly procured electronic office equipment meets the highest energy efficiency standards[90] - The company aims to optimize resource efficiency and recycle renewable resources wherever possible to avoid waste[90] - The company has engaged an independent third-party environmental, social, and governance (ESG) consultant to identify key ESG issues and provide recommendations on performance[112] - The environmental, social, and governance report includes quantitative key performance indicators related to the company's activities in Hong Kong and China[196] - The content of the environmental, social, and governance report is based on stakeholder engagement and materiality assessments[197] Financial Management and Governance - The financing costs have significantly increased since Q2 2022 due to bank borrowings primarily used for acquiring a building at a cost of approximately HKD 735.44 million[33] - Interest expenses on bank and other borrowings amounted to approximately HKD 39.34 million, an increase from HKD 23.06 million in 2023[73] - The company maintained a net current liability of approximately HKD 503.39 million, down from HKD 620.08 million in 2023[79] - Cash and cash equivalents were approximately HKD 27.33 million, a slight decrease from HKD 30.37 million in 2023[79] - The company has established several policies to enhance its internal control system, including anti-corruption and whistleblowing policies[185] - The board of directors is responsible for ensuring the effectiveness of the internal control system, which has been reviewed and deemed effective during the reporting period[183] - The company has confirmed compliance with the standard code of conduct for securities trading throughout the reporting period[129] - The independent auditor's fees for audit and non-audit services during the reporting period amounted to approximately HKD 1,000,000 and HKD 229,600 respectively[181] Stakeholder Engagement and Employee Relations - The management team expresses gratitude to stakeholders for their support and commits to ensuring the group's sustainable development for reasonable returns to shareholders[43] - The company aims to enhance stakeholder engagement to gather constructive feedback and improve governance practices[78] - The company values its employees as its most valuable asset and complies with labor laws, providing training and career opportunities[106] - The company has committed significant resources to meet employee needs and protect their rights and interests[108] - The company emphasizes a non-discrimination policy in all employment activities, ensuring equal opportunities for all employees[108] - The employee composition includes 299 males (54%) and 255 females (46%), reflecting the company's commitment to gender diversity[137] - The company is committed to regular reviews of gender equality and implementing corrective measures to improve gender balance[137] Board Structure and Committees - The board consists of nine directors, three of whom are independent non-executive directors, ensuring compliance with governance regulations[100] - The company has established three board committees (audit, remuneration, and nomination) to oversee specific aspects of group affairs[131] - The audit committee includes three independent non-executive directors, with a focus on maintaining financial integrity[132] - The nomination committee has established criteria for selecting and nominating directors, ensuring a balanced skill set and diverse perspectives[136] - The company has a continuous professional development program for its directors to enhance their skills and knowledge[127] - The chairman and CEO roles are separated to ensure a clear distinction of responsibilities[126] - The board regularly reviews stakeholder communication channels to ensure effective communication and monitoring of the annual ESG report[112] - The board consists of a mix of executive and independent non-executive directors, ensuring a balance of power and oversight[121] - The audit committee's responsibilities include reviewing financial statements and overseeing the risk management and internal control systems[147] Compliance and Reporting - The company emphasizes timely and accurate disclosure of inside information to the public[159] - The company has a shareholder communication policy to ensure equal and timely access to information for shareholders[161] - The company encourages shareholders to attend the annual general meeting and submit inquiries in advance[162] - The company reviewed its shareholder communication policy and found it effective during the year[163] - The company has revised its articles of association to align with the core shareholder protection levels effective from January 1, 2022[193]
电讯数码控股(06033) - 2024 - 年度业绩
2024-06-26 11:23
Financial Performance - The total revenue for the year ended March 31, 2024, was HKD 1,372,767,000, a decrease of 10.6% compared to HKD 1,535,452,000 in 2023[3]. - The net profit attributable to shareholders for the year was HKD 56,379,000, a decline of 25.3% from HKD 75,580,000 in the previous year[3]. - Basic and diluted earnings per share were both HKD 0.14, down from HKD 0.19 in 2023[4]. - Revenue from product sales was HKD 1,016,464,000, down 12.5% from HKD 1,161,715,000 in the previous year[23]. - Operating services revenue decreased to HKD 306,297,000 from HKD 325,190,000, reflecting a decline of 5.5%[23]. - The company reported a total segment profit of HKD 108,813,000 for the year, compared to HKD 71,368,000 in the previous year[30]. - The company’s share of profits from associates was HKD 9,205,000 for the year[30]. - The company reported a total tax expense of HKD 14,989,000 for the year ended March 31, 2024, compared to HKD 16,084,000 in 2023[42]. - The annual profit for 2024 was HKD 56,379,000, a decrease of 25.3% compared to HKD 75,580,000 in 2023[50]. Revenue Breakdown - Total revenue for the year ended March 31, 2024, was HKD 1,372,767,000, a decrease of 10.6% from HKD 1,535,452,000 in 2023[23]. - The product business generated revenue of approximately HKD 1,023.36 million, accounting for 74.6% of total revenue, down from 76.2% in the previous year[70]. - Revenue from the operating services segment decreased by approximately 5.8% to about HKD 306.30 million, primarily due to intense competition in the mobile communication services market[73]. - Rental income from investment properties increased by approximately 47.4% to about HKD 21.98 million, mainly due to rental income from a building acquired in May 2022[73]. - Other income and gains rose significantly by approximately 150.5% to about HKD 43.39 million, driven by property sales gains of approximately HKD 38.10 million[74]. Costs and Expenses - The cost of goods sold was HKD 906,596,000, down from HKD 1,036,415,000, reflecting a reduction of 12.5%[3]. - The group’s financing costs increased to HKD 43,742,000 from HKD 25,733,000, representing a rise of 70%[3]. - Financing costs increased, with bank and other borrowing interest amounting to approximately HKD 39.34 million, up from HKD 23.06 million in the previous year[80]. - Total employee costs amounted to HKD 191,328,000 in 2024, down from HKD 193,017,000 in 2023, reflecting a reduction of 0.9%[8]. - Depreciation for property, plant, and equipment was HKD 32,232,000, with an additional HKD 47,049,000 for right-of-use assets[37]. Assets and Liabilities - Total assets as of March 31, 2024, were HKD 1,225,389,000, compared to HKD 1,372,235,000 in 2023, indicating a decrease of 10.7%[6]. - The net current liabilities were HKD 503,387,000, improved from HKD 620,082,000 in the previous year[6]. - Trade and other receivables increased to HKD 61,354,000 in 2024 from HKD 48,202,000 in 2023, representing a growth of 27.2%[51]. - Trade payables decreased to HKD 44,486,000 in 2024 from HKD 50,647,000 in 2023, a decline of 12.2%[56]. - The group's debt-to-equity ratio as of March 31, 2024, was approximately 121.0%, improved from 173.1% in 2023[89]. Dividends - The company declared an interim dividend of HKD 0.03 per share for the first quarter of 2023/24, totaling HKD 12,113,000, compared to HKD 36,338,000 in dividends declared for the previous year[49]. - The group declared a fourth-quarter interim dividend of HKD 0.04 per share for the year ended March 31, 2024, compared to no dividend in 2023[94]. - The board declared a fourth-quarter interim cash dividend of HKD 0.04 per share, totaling approximately HKD 16.15 million, compared to no dividend in the fourth quarter of 2023[108]. Operational Highlights - The company operated 73 retail stores as of March 31, 2024, down from 77 stores in the previous year[76]. - The company completed the renovation and upgrade of a 13-story industrial building in Kwun Tong, with approximately 64% of the total area leased[69]. - The group employed 554 full-time employees as of March 31, 2024, a decrease from 577 in 2023[101]. Future Outlook - The group anticipates a cautious outlook due to ongoing inflation and geopolitical risks, focusing on cost control and enhancing customer experience[102]. - The company has approximately HKD 280.14 million in undrawn bank financing available for future funding needs as of March 31, 2024[89].