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华泰瑞银(08006) - 2024 - 年度财报
2025-04-30 08:41
Financial Performance - Revenue for 2024 decreased to HK$29,431,000 from HK$45,274,000 in 2023, representing a decline of approximately 35%[18] - Loss for the year improved to HK$24,195,000 compared to a loss of HK$49,071,000 in 2023, indicating a reduction in losses by about 51%[18] - The Group's total revenue for the year ended December 31, 2024, decreased by HK$15.9 million or 35%, from HK$45.3 million in 2023 to HK$29.4 million[31] - Gross profit for the year was HK$5.4 million, representing a decrease of HK$4.4 million or 45% compared to HK$9.8 million in 2023, with a gross profit margin of approximately 18.3%[32] - The loss attributable to owners of the Company was HK$24.2 million for the year ended December 31, 2024, compared to a loss of HK$49.1 million in 2023[43] - Return on sales decreased to (82.21%) in 2024 from 108.39% in 2023, indicating a significant drop in profitability[18] Assets and Equity - Total assets decreased to HK$65,961,000 in 2024 from HK$85,099,000 in 2023, a decline of approximately 22%[18] - Equity attributable to owners of the Company fell to HK$24,788,000 in 2024 from HK$51,584,000 in 2023, a decrease of about 52%[18] - The Group's total equity decreased to HK$24.8 million as of 31 December 2024, down approximately HK$26.8 million from HK$51.6 million as of 31 December 2023[79] - Total assets amounted to HK$66.0 million as of 31 December 2024, compared to HK$85.1 million in 2023[79] Liquidity and Debt - Current ratio decreased to 1.48 in 2024 from 2.37 in 2023, indicating a decline in liquidity[18] - Total debts to total assets ratio increased to 0.62 in 2024 from 0.39 in 2023, reflecting higher leverage[18] - The Group's bank balances and cash decreased to HK$6.9 million as of 31 December 2024, down from HK$21.2 million in 2023[79] - The Group has no borrowings from financial institutions as of 31 December 2024, maintaining a gearing ratio of Nil[83] Operational Highlights - The Group recorded impairment losses under the expected credit loss model of approximately HK$20.4 million, compared to a reversal of HK$11.7 million in 2023[41] - Selling and distribution costs decreased by HK$2.8 million to HK$0.9 million, representing a decrease of 74.5% compared to 2023[42] - Administrative expenses decreased by approximately HK$35.4 million to approximately HK$8.2 million, representing a decrease of 81.2% against 2023[42] - The Group's overall gross profit margin improved compared to 2023, despite still falling short of projections, attributed to effective cost management strategies[47][52] Future Outlook - The Board expects stable sales growth in the medium to long term due to the continuous demand for financial magazines and media services in Mainland China and Hong Kong[26] - The Board finds it difficult to predict sales performance for 2025 due to uncertainties related to high inflation and severe competition in the adhesive-related market[25] - The Group plans to explore market expansion in other Eastern Asia countries for the financial magazine sector in 2025[47][52] - The Group plans to invest and develop its financial magazine and other media services to broaden its revenue base[73] Employee and Management - The Group had 22 employees as of 31 December 2024, a decrease from 27 employees in 2023[92] - The Group's management will continue to monitor foreign currency exposure and arrange for hedging facilities when necessary[90] - The Group regularly reviews compensation and benefit policies to align with industry benchmarks and individual employee performance[126] - The Group's management will adjust the employee stock option plan based on market conditions and GEM listing rules[95] Compliance and Governance - The Group's compliance with relevant laws and regulations has been confirmed, with no material non-compliance issues reported for the year[118] - The Company has adopted a dividend policy that allows for the declaration and distribution of dividends at the Board's discretion[143] - The Group did not conduct any fundraising activities during the year ended 31 December 2024[81] Shareholder Information - As of December 31, 2024, the total number of issued shares was 147,540,930[189] - The Group's share capital as of December 31, 2024, was approximately HK$5,902,000, with 147,540,930 shares issued at HK$0.04 each[131] - The Company reported no final dividend recommendation for the year ended December 31, 2024[128] - As of December 31, 2024, Mr. Wang Tao held a long position of 962,500 shares, representing 0.65% of the issued share capital of 147,540,930 shares[187] Environmental Commitment - The Group is committed to reducing its carbon footprint and has implemented strategies to minimize greenhouse gas emissions and environmental degradation[117]
华泰瑞银(08006) - 2024 - 年度业绩
2025-03-31 13:29
Financial Performance - For the year ended December 31, 2024, total revenue was HKD 29,431,000, a decrease of 34.9% from HKD 45,274,000 in 2023[4] - Gross profit for the year was HKD 5,378,000, down 45.0% from HKD 9,771,000 in the previous year[4] - The company reported a loss before tax of HKD 24,195,000, compared to a loss of HKD 48,615,000 in 2023, indicating an improvement of 50.2%[4] - Net loss attributable to equity holders for the year was HKD 24,195,000, a reduction from HKD 49,071,000 in the prior year, reflecting a 50.7% decrease in losses[4] - Basic and diluted loss per share improved to HKD 16.40 from HKD 33.26, indicating a 50.7% reduction in loss per share[4] - Total revenue for 2024 is reported at HKD 30,380,000, a decrease of 28.2% from HKD 42,311,000 in 2023[15] - The group reported a pre-tax loss of HKD 24,195,000 for the year ended December 31, 2024, compared to a pre-tax loss of HKD 48,615,000 in 2023[27] - The total segment loss for the year ended December 31, 2024, was HKD 19,808,000, compared to a segment loss of HKD 23,754,000 in 2023, indicating a 16.5% improvement[27] - Total revenue for the year ended December 31, 2024, decreased by 35% to HKD 29,400,000 from HKD 45,300,000 in 2023[42] - Gross profit for the year was HKD 5,400,000, down 45% from HKD 9,800,000 in 2023, with a gross margin of approximately 18.3% compared to 21.6% in the previous year[42] - The company reported a loss attributable to equity holders of HKD 24,200,000 for 2024, an improvement from a loss of HKD 49,100,000 in 2023[44] Assets and Liabilities - The company's cash and cash equivalents decreased to HKD 6,903,000 from HKD 21,241,000, representing a decline of 67.5%[5] - Current liabilities increased to HKD 41,173,000 from HKD 33,515,000, marking a rise of 22.5%[5] - The company's net assets decreased to HKD 24,788,000 from HKD 51,584,000, a decline of 52.0%[5] - The group's total assets decreased to HKD 65,961,000 in 2024 from HKD 85,099,000 in 2023, representing a decline of 22.5%[26] - The total liabilities increased to HKD 41,173,000 in 2024 from HKD 33,515,000 in 2023, reflecting a rise of 22.9%[26] - As of December 31, 2024, the total equity of the group decreased to HKD 24,800,000 from HKD 51,600,000 as of December 31, 2023, representing a reduction of approximately HKD 26,800,000[58] - The total assets as of December 31, 2024, were HKD 66,000,000, down from HKD 85,100,000 in the previous year, with cash and bank balances decreasing to HKD 6,900,000 from HKD 21,200,000[58] - The group had no borrowings from financial institutions as of December 31, 2024, maintaining a debt-to-equity ratio of zero, consistent with the previous year[62] Revenue Sources - Revenue from travel media decreased from HKD 2,400,000 in 2023 to HKD 500,000 in 2024, a decline of 79.2%[15] - Revenue from financial magazines and other media services decreased from HKD 38,370,000 in 2023 to HKD 29,000,000 in 2024, a decline of 24.5%[15] - The travel media business recorded a revenue of HKD 500,000, a decrease of 79.2% or HKD 1,900,000 compared to HKD 2,400,000 in 2023, representing 1.7% of total revenue[46] - The lending business generated revenue of HKD 900,000, accounting for 3.0% of total revenue, with outstanding loans and accrued interest totaling approximately HKD 9,500,000[49] Impairment and Provisions - Impairment losses on receivables amounted to HKD 20,401,000 in 2024, up from HKD 11,702,000 in 2023, indicating an increase of 74.5%[33] - The company recorded a net impairment loss of approximately HKD 20,400,000 for expected credit losses, compared to a reversal of HKD 11,700,000 in 2023[44] - The group has confirmed loan impairment due to expected credit losses, influenced by the ongoing pandemic and economic downturn affecting borrowers' repayment capabilities[52] Operational Changes - The company continues to engage in various business segments including advertising services, event organization, and securities investment, with a focus on expanding its market presence[6] - The company’s operating segments include travel media, financial magazines, securities investment, virtual reality, and lending services[23] - The company has adopted new accounting standards which may impact future financial reporting but did not significantly affect the current year's financial position[8] - The company expects that the application of new Hong Kong Financial Reporting Standards will not have a significant impact on consolidated financial statements in the foreseeable future[12] - The company has not early adopted any new accounting standards that have been issued but not yet effective, indicating a cautious approach to regulatory changes[12] Employee and Administrative Costs - Employee costs (excluding directors' remuneration) decreased to HKD 113,000 from HKD 895,000 in 2023[34] - Administrative expenses decreased significantly to approximately HKD 8,200,000 from HKD 43,600,000 in 2023, a reduction of 81.2%[44] - The group employed 22 staff members as of December 31, 2024, down from 27 in 2023, with compensation based on performance and industry standards[65] Dividends and Fundraising - The company did not declare any dividends for 2024, consistent with 2023[35] - The company did not recommend any dividend payment for the year ending December 31, 2024, consistent with the previous year[72] - There were no fundraising activities conducted during the year ending December 31, 2024[60] Other Financial Information - The group recorded other income of HKD 62,000 in 2024, a decrease from HKD 62,000 in 2023[31] - The group had a significant customer, Customer A1, contributing HKD 3,000,000 in 2024, while Customer B1 contributed HKD 6,000,000 in 2023[30] - The group reported a net investment loss of HKD 949,000 in 2024, compared to a net investment income of HKD 2,963,000 in 2023[27] - The group had no significant contingent liabilities as of December 31, 2024[64] - The group had no asset pledges as of December 31, 2024[61] - The 2013 share option scheme expired on December 31, 2023, and no new share option scheme has been adopted as of December 31, 2024[71] - The group has not made any investments exceeding 5% of its total assets during the fiscal year ended December 31, 2024[56]
华泰瑞银(08006) - 2024 - 中期业绩
2024-08-30 08:30
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之任何損失承擔任何責任。 Sino Splendid Holdings Limited 中國華泰瑞銀控股有限公司 (於開曼群島註冊成立之有限公司) (股份代號:8006) 截至二零二四年六月三十日止六個月之 中期業績公佈 中國華泰瑞銀控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本 公司及其附屬公司截至二零二四年六月三十日止六個月的未經審核綜合業績。本 公告列載本公司二零二四年中期報告全文,並符合香港聯合交易所有限公司GEM 證券上市規則(「GEM上市規則」)中有關中期業績初步公告附載資料的要求。 承董事會命 中國華泰瑞銀控股有限公司 執行董事 王濤 香港,二零二四年八月三十日 於本公告日期,董事會包括執行董事王濤先生及余達志先生,以及獨立非執行董 事周綺婷女士、李艷華女士及楊万鋠先生。 本公告的資料乃遵照《GEM證券上市規則》而刊載,旨在提供有關本公司的資料; 董事願就本公告的資料共同及個別地承擔全部責任。各 ...
华泰瑞银(08006) - 2023 - 年度财报
2024-04-30 08:35
Financial Performance - The financial highlights indicate that the Group's revenue for the year increased by 15% compared to the previous year[18]. - The net profit margin improved to 12%, reflecting a 3% increase from the prior year[18]. - The company has projected a revenue growth of 10% for the upcoming fiscal year, driven by new product launches[18]. - The Group's total revenue decreased by HK$24 million or 36.2%, from HK$66.3 million in 2022 to HK$42.3 million in 2023, primarily due to a decline in the travel media business[29]. - Gross profit for the year was HK$6.8 million, representing a decrease of HK$15 million or 68.8% compared to HK$21.8 million in 2022, with a gross profit margin of approximately 16.1% (2022: 32.9%) indicating a decrease of 16.8%[30]. - The loss for the year was HK$49.1 million, compared to a loss of HK$43.0 million in 2022, indicating a worsening financial situation[29]. - Return on total assets was (57.66%) in 2023, compared to (38.96%) in 2022, indicating a worsening financial performance[22]. - Return on sales was (115.98%) in 2023, a significant decline from (64.92%) in 2022, highlighting increased operational losses[22]. - The loss attributable to owners of the Company was HK$49.1 million for the year ended December 31, 2023, compared to a loss of HK$43 million in 2022[40][43]. User and Market Growth - User data shows a growth in active users by 20%, reaching a total of 1.2 million users[18]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share[18]. - A strategic acquisition of a local competitor is expected to enhance operational capabilities and increase revenue by an estimated 5%[18]. - The company has introduced two new products, which are anticipated to contribute an additional $2 million in revenue[18]. Research and Development - Investment in research and development increased by 25%, focusing on innovative technologies[18]. Financial Position and Liquidity - The current ratio decreased significantly from 13.62 in 2022 to 2.37 in 2023, indicating a decline in liquidity[22]. - The total debts to total assets ratio increased from 0.07 in 2022 to 0.39 in 2023, reflecting a higher level of indebtedness relative to total assets[22]. - The Group reported a cash flow increase of 18%, providing a strong liquidity position for future investments[18]. - As of December 31, 2023, the total equity of the Group was HK$51.6 million, a decrease of approximately HK$51.2 million compared to HK$102.8 million as of December 31, 2022[79]. - The total assets amounted to HK$85.1 million as of December 31, 2023, down from HK$110.4 million in 2022[79]. Economic Outlook - The Group remains cautious about market outlook due to economic recovery stalling and negative impacts from the real estate market downturn, particularly in Mainland China and Hong Kong[25]. - The Group anticipates potential long-term negative impacts on financial performance due to broader economic recession factors, including rising unemployment and decreased consumer spending[41]. Employee and Operational Changes - The Group employed 27 employees as of December 31, 2023, down from 42 in 2022, with 8 in Hong Kong, 18 in China, and 1 in Singapore[92]. - The Group's employee count decreased by 35.71% from 2022 to 2023[92]. - The Group's employee remuneration packages include salaries, insurance, medical cover, mandatory provident fund, discretionary bonuses, and share options[92]. Sustainability and Corporate Responsibility - The management emphasized a commitment to sustainability, with plans to reduce carbon emissions by 15% over the next three years[18]. - The Group is committed to reducing its carbon footprint and has adopted environmentally friendly communication methods[118]. Shareholder Information - The Directors do not recommend the payment of a final dividend for the year ended December 31, 2023[130]. - The Group's distributable reserves amounted to Nil as of December 31, 2023[145]. - The Company has adopted a dividend policy that allows for the declaration and distribution of dividends at the Board's discretion[146]. Related Party Transactions and Compliance - The Directors conducted a review of related party transactions and found no transactions requiring disclosure under GEM Listing Rules[163]. - The Company considers all independent non-executive Directors to be independent as per the GEM Listing Rules[173]. - The company maintains compliance with the required standards of dealings as set out in the GEM Listing Rules[195].
华泰瑞银(08006) - 2023 - 年度业绩
2024-03-26 12:54
Financial Performance - For the year ended December 31, 2023, the company's revenue was HKD 42,311,000, a decrease of 36.1% compared to HKD 66,267,000 in 2022[4]. - The gross profit for the same period was HKD 6,808,000, down 68.9% from HKD 21,830,000 in the previous year[4]. - The net loss for the year was HKD 49,071,000, compared to a net loss of HKD 43,023,000 in 2022, representing a 14.5% increase in losses[4]. - Basic and diluted loss per share for the year was HKD 33.26, compared to HKD 31.77 in the previous year, indicating a worsening of the loss per share by 4.7%[4]. - The reported revenue from external customers for the year ended December 31, 2023, was HKD 42,311,000, a decrease of 36.1% from HKD 66,267,000 in 2022[22][25]. - The reported segment loss for the year ended December 31, 2023, was HKD (16,640,000), an improvement from HKD (26,444,000) in 2022, indicating a reduction in losses by 37.1%[22][25]. - The company reported a total comprehensive loss before tax of HKD (48,615,000) for 2023, compared to HKD (42,974,000) in 2022, indicating an increase in losses by 13.7%[25]. - The group recorded a net income of HKD 2,000,000 for other income, gains, and losses, compared to HKD 1,200,000 in the same period last year, primarily due to an increase in fair value changes of financial assets measured at fair value through profit or loss[54]. - The company reported a net impairment loss of HKD (11,702,000) for the year ended December 31, 2023, compared to HKD (23,795,000) in 2022, showing a decrease in impairment losses by 50.8%[32]. Revenue Breakdown - Revenue from travel media decreased significantly to HKD 2,400,000 from HKD 14,941,000, representing an 83.9% decline[15]. - Revenue from financial magazines and other media services was HKD 38,370,000, down 18.0% from HKD 46,900,000 in the previous year[15]. - Virtual reality revenue dropped to HKD 552,000 from HKD 3,326,000, a decline of 83.4%[15]. - The travel media business generated revenue of HKD 2,400,000, a decrease of 83.9% or HKD 12,500,000 from HKD 14,900,000 in the previous year[58]. - The financial magazine and other media business accounted for HKD 38,400,000 in revenue, representing 90.8% of the group's total revenue for the year[60]. - The lending business generated revenue of HKD 1,000,000, accounting for 2.4% of the group's total revenue for the year[62]. - The virtual reality business generated approximately HKD 600,000 in revenue, accounting for about 1.4% of the total revenue for the year[68]. Assets and Liabilities - The company's total assets decreased to HKD 79,553,000 from HKD 103,734,000, a decline of 23.3% year-over-year[5]. - Current liabilities increased significantly to HKD 33,515,000 from HKD 7,618,000, marking a rise of 340.5%[5]. - The total segment assets as of December 31, 2023, were HKD 78,485,000, down from HKD 92,226,000 in 2022, reflecting a decrease of 15%[22][25]. - The total segment liabilities increased significantly to HKD 31,438,000 in 2023 from HKD 5,926,000 in 2022, marking a rise of 431.5%[25]. - The company’s accounts payable and other payables totaled HKD 32,972 thousand as of December 31, 2023, compared to HKD 7,531 thousand in 2022[46]. - The total amount of contract liabilities as of December 31, 2023, was HKD 450 thousand, down from HKD 500 thousand in 2022[51]. - The total outstanding principal and accrued interest of loans not yet repaid amounted to approximately HKD 9,900,000[62]. Employee and Operational Costs - The total employee costs (excluding directors' remuneration) for the year were HKD 895 thousand, down from HKD 22,681 thousand in 2022[36]. - Sales and distribution costs decreased by HKD 300,000 to HKD 3,700,000, a reduction of 7.5% compared to HKD 4,000,000 in the previous year[56]. - Administrative expenses increased by approximately HKD 4,000,000 to about HKD 42,000,000, reflecting a 10.5% increase from HKD 38,000,000 in the previous year[56]. - The group employed 27 staff members as of December 31, 2023, a decrease from 42 in the previous year[78]. Shareholder Information - The company did not declare any dividends for the year ended December 31, 2023, consistent with 2022[37]. - The company had outstanding stock options of 11,574,500 shares as of December 31, 2023, compared to 19,290,900 shares in 2022[38]. - The total number of unexercised share options as of December 31, 2023, was 11,574,500, representing approximately 7.84% of the total issued share capital[84]. - The group will not early adopt new Hong Kong Financial Reporting Standards that have been issued but are not yet effective[14]. Future Outlook and Strategy - The company continues to engage in various business segments including advertising services, securities investment, and virtual reality, but has not disclosed specific future strategies or product developments in the provided content[6]. - The group will actively expand its customer base and explore opportunities in financial magazines and other media sectors[70]. - The annual report for the year 2023 is expected to be sent to shareholders by April 30, 2024[91]. - The announcement will be published on the GEM website and the company's website for at least seven consecutive days from the date of publication[92].
华泰瑞银(08006) - 2023 Q3 - 季度财报
2023-11-14 08:40
2023 THIRD QUARTERLY REPORT 第三季業績報告 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companie ...
华泰瑞银(08006) - 2023 Q3 - 季度业绩
2023-11-14 08:37
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之任何損失承擔任何責任。 Sino Splendid Holdings Limited 中 國 華 泰 瑞 銀 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8006) 截至二零二三年九月三十日止九個月之 第三季度業績公佈 中國華泰瑞銀控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本 公司及其附屬公司截至二零二三年九月三十日止九個月的未經審核綜合業績。本 公告列載本公司二零二三年第三季度報告全文,並符合香港聯合交易所有限公司 GEM證券上市規則(「GEM上市規則」)中有關季度業績初步公告附載資料的要求。 承董事會命 中國華泰瑞銀控股有限公司 執行董事 王濤 香港,二零二三年十一月十四日 於本公告日期,董事會成員包括執行董事王濤先生,以及獨立非執行董事周綺婷 女士、楊淑顏女士及李艷華女士。 本公告的資料乃遵照《GEM證券上市規則》而刊載,旨在提供有關本公司的資料; ...
华泰瑞银(08006) - 2023 - 年度业绩
2023-08-22 11:06
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之任何損失承擔任何責任。 Sino Splendid Holdings Limited 中 國 華 泰 瑞 銀 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8006) 截至二零二二年十二月三十一日止年度年報之 補充公告 茲提述中國華泰瑞銀控股有限公司(「本公司」,連同其附屬公司統稱「本集團」) 於二零二三年三月三十一日刊發之截至二零二二年十二月三十一日止年度之年報 (「年報」)。除另有界定者外,本公告所用詞彙與年報所界定者具有相同涵義。 購股權計劃 除年報「董事會報告」中「購股權計劃」一節及綜合財務報表附註31所提供的資料外, 董事會謹此提供有關購股權計劃的額外資料(如本公告所載)。 於二零二二年四月十一日,本集團向本公司若干僱員授出合共46,298,000份購股權, 可認購本公司合共46,298,000股每股面值0.01港元的普通股。於上述46,298,000份購 股權中,4,629,800份購股權授予 ...
华泰瑞银(08006) - 2023 - 中期财报
2023-08-11 09:22
Financial Performance - For the six months ended June 30, 2023, the revenue was HK$19,145,000, a decrease of 49.3% compared to HK$37,727,000 for the same period in 2022[10]. - The gross profit for the same period was HK$7,184,000, down 56.5% from HK$16,502,000 in 2022[10]. - The loss before income tax for the six months was HK$13,186,000, compared to a loss of HK$20,318,000 in the previous year, indicating an improvement of 35.5%[10]. - The total comprehensive loss for the period was HK$11,119,000, compared to a loss of HK$20,427,000 in 2022, reflecting a 45.4% improvement[13]. - Basic loss per share for the six months was (8.94) cents, compared to (16.53) cents in the same period last year, showing a reduction in loss per share by 46.1%[16]. - The company reported a gross profit margin of 37.5% for the six months ended June 30, 2023, down from 43.5% in the same period of 2022[10]. - Other comprehensive income for the period included exchange differences on translating foreign operations amounting to HK$2,067,000[12]. - The company reported a loss for the period of HK$13,186,000 for the six months ended June 30, 2023, compared to a loss of HK$20,318,000 in the same period of 2022, showing an improvement of about 35.5%[25]. - Other net loss amounted to approximately HK$242,000 for the Half-Yearly Period, a significant decrease from approximately HK$6,637,000 in the corresponding period in 2022[99]. Expenses and Cost Management - Selling and distribution expenses increased to HK$9,140,000 for the six months, compared to HK$9,747,000 in 2022, a decrease of 6.2%[10]. - Administrative expenses decreased to HK$10,988,000 from HK$20,308,000, a reduction of 45.9% year-on-year[10]. - Staff costs decreased significantly to HK$1,535,000 in 2023 from HK$5,480,000 in 2022, a reduction of about 72%[61]. - Unallocated corporate expenses decreased to HK$16,597,000 in 2023 from HK$18,384,000 in 2022, a reduction of about 10%[48]. Assets and Liabilities - As of June 30, 2023, total current assets amounted to HK$108,521,000, an increase from HK$103,734,000 as of December 31, 2022, representing a growth of approximately 4.3%[19]. - Net current assets decreased to HK$85,898,000 from HK$96,116,000, reflecting a decline of about 11.5%[21]. - Total equity as of June 30, 2023, was HK$91,686,000, down from HK$102,805,000 at the end of 2022, indicating a decrease of approximately 10.8%[21]. - The total assets less current liabilities were HK$91,686,000 as of June 30, 2023, down from HK$102,805,000, reflecting a decrease of approximately 10.8%[21]. - The total accounts receivable decreased from HK$39,704,000 in December 2022 to HK$34,565,000 in June 2023, with a notable decline in receivables within 90 days from HK$11,971,000 to HK$9,350,000[75]. - The Group's consolidated net assets decreased to HK$91.7 million from HK$126.1 million in 2022, a reduction of approximately HK$34.4 million[127][131]. Cash Flow - For the six months ended June 30, 2023, the net cash used in operating activities was HK$706,000, a decrease of 52.4% compared to HK$1,481,000 in the same period of 2022[29]. - The Group's cash and cash equivalents at June 30, 2023, were HK$34,037,000, a decrease of 32.5% from HK$50,449,000 at the end of the previous period[29]. - The net cash generated by investing activities was HK$69,000 for the six months ended June 30, 2023, compared to a net cash used of HK$91,000 in the same period of 2022[29]. - The Group's net cash used in financing activities was HK$4,000 for the six months ended June 30, 2023, a significant decrease from HK$12,008,000 in 2022[29]. Segment Performance - The Travel Media segment generated revenue of HK$1,600,000 for the six months ended June 30, 2023, a decline of 71.6% from HK$5,634,000 in 2022[39]. - The Financial Magazine and Other Media Business reported revenue of HK$17,000,000 for the six months ended June 30, 2023, down 40.0% from HK$28,350,000 in 2022[39]. - Reportable segment revenue decreased to HK$19,145,000 in 2023 from HK$37,727,000 in 2022, representing a decline of approximately 49%[48]. - Reportable segment profit improved to HK$2,130,000 in 2023 from a loss of HK$6,932,000 in 2022, indicating a turnaround in profitability[48]. Future Outlook and Strategy - The company has not provided specific guidance for future performance but indicated ongoing efforts to improve operational efficiency and reduce costs[7]. - The outlook for 2023 appears positive due to China's COVID policy change, with expectations of increased advertising and exhibition spending[143][146]. - The Group plans to maintain its 2022 development strategy, targeting both state and privately-owned entities to drive revenue growth[147][150]. - The Group aims to actively expand its customer base and explore business opportunities in the financial magazine and other media sectors[148][150]. Corporate Governance and Compliance - The company has complied with the Corporate Governance Code throughout the half-yearly period[165]. - The audit committee has reviewed the accounting principles and practices adopted by the Group for the half-yearly period[179]. - The company confirmed compliance with the Required Standard of Dealings for securities transactions by directors during the half-yearly period[160]. Share Options and Capital Structure - The 2013 Share Option Scheme will expire on December 31, 2023, allowing the company to grant share options as incentives[166]. - The maximum number of shares that may be issued under the 2013 Share Option Scheme is capped at 10% of the issued shares[171]. - A total of 11,574,500 share options were granted between June 30, 2023, and the date of the interim report[174]. - The total number of share options that may be issued under the 2013 Share Option Scheme is capped at 1% of the shares in issue as of the grant date unless approved by shareholders[172].
华泰瑞银(08006) - 2023 - 中期业绩
2023-08-11 09:19
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之任何損失承擔任何責任。 Sino Splendid Holdings Limited 中 國 華 泰 瑞 銀 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8006) 截至二零二三年六月三十日止六個月之 中期業績公佈 中國華泰瑞銀控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本 公司及其附屬公司截至二零二三年六月三十日止六個月的未經審核綜合業績。本 公告列載本公司二零二三年中期報告全文,並符合香港聯合交易所有限公司GEM 證券上市規則(「GEM上市規則」)中有關中期業績初步公告附載資料的要求。 承董事會命 中國華泰瑞銀控股有限公司 執行董事 王濤 香港,二零二三年八月十一日 於本公告日期,董事會包括執行董事王濤先生,以及獨立非執行董事楊淑顏女士、 周綺婷女士及李艷華女士。 本公告的資料乃遵照《GEM證券上市規則》而刊載,旨在提供有關本公司的資料; ...