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。 租賃協議 於二零二五年八月七日（交易時段後），本公司（作為租戶）與業主（作為業主） 訂立租賃協議，內容有關以重續現有租賃協議，租期由二零二五年九月十五日至 二零二八年九月十四日止（包括首尾兩日），為期三年。 GEM上市規則之涵義 根據香港財務報告準則第16號「租賃」，本公司將須於其綜合財務狀況表中確認 租賃協議項下與租賃物業有關之使用權資產價值。因此，就GEM上市規則而言， 租賃協議項下擬進行之交易將被視為本集團一項資產收購。 由於基於本集團根據香港財務報告準則第16號將予確認之租賃協議項下物業之 使用權未經審核價值（即約3,130,000港元）計算得出的其中一項相關適用百分 比率（定義見GEM 上市規則）超過5% 但全部適用百分比率均少於25%，故根據 GEM上市規則第19章，租賃協議項下擬進行之交易構成本公司之須予披露交易， 須遵守GEM上市規則第19章之通知及公告規定。 租賃協議 須予披露交易– 重 ...

格隆汇8月6日丨汇财金融投资(08018.HK)公告，于2025年8月6日，汇财亚网(作为租户)与出租人深圳市 众办物业有限公司(作为出租人)订立租赁协议，内容有关租赁物业，为期两年。 ...

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。 有關租賃協議之須予披露交易 租賃協議 於二零二五年八月六日（交易時段後），匯財亞網（作為租戶）與出租人（作為出 租人）訂立租賃協議，內容有關租賃物業，租期由二零二五年八月十八日起至二 零二七年八月十七日止，為期兩年。 GEM上市規則之涵義 根據香港財務報告準則第16號「租賃」，本公司將須於其綜合財務狀況表中確認 租賃協議項下與租賃物業有關之使用權資產價值。因此，就GEM上市規則而言， 租賃協議項下擬進行之交易將被視為本集團收購一項資產。 由於基於本集團根據香港財務報告準則第16號將予確認之租賃協議項下物業之 使用權未經審核價值（即約900,000港元）計算得出的其中一項相關適用百分比率 （定義見GEM 上市規則）超過5% 但全部適用百分比率均少於25%，故根據GEM 上市規則第19章，租賃協議項下擬進行之交易構成本公司之須予披露交易，須遵 守GEM上市規則第19章之通知及公告規定。 租賃協議 於二零二五年 ...

Financial Performance - The Group recorded revenue of approximately HK$49,055,000 for the year ended 31 December 2024, a decrease of approximately 6.3% compared to HK$52,326,000 in the previous year[22]. - The basic and diluted loss per share for the year were approximately HK2.53 cents, compared to approximately HK16.58 cents in 2023[22]. - Revenue from iAsia decreased by approximately 8.3% to approximately HK$46,780,000, down from approximately HK$51,015,000 in 2023[23]. - The decline in revenue was attributed to local stagnant economic sentiment and fierce market competition[23]. - Revenue from the money lending business increased by approximately 73.7% to approximately HK$2,275,000, contributing about 4.6% of the total revenue[27]. - The Group recorded a fair value loss on financial assets at fair value through profit or loss of approximately HK$4,409,000, compared to a gain of approximately HK$1,965,000 in the previous year[25]. - Gross profit for the year was approximately HK$27,009,000, a decrease of approximately 13.3% from HK$31,146,000 in 2023, with a gross profit margin of approximately 55.1% compared to 59.5% in 2023[129]. - The Group recorded a net loss after tax of approximately HK$12,338,000 for the year, a decrease of approximately 56.5% from HK$28,346,000 in 2023[131]. Revenue Sources - iAsia Online Systems Limited, the Group's principal operating subsidiary, contributed approximately 95.4% of the Group's revenue for the year[23]. - The Group's main operating subsidiary, iAsia, accounted for approximately 95.4% of the total revenue for the Year[26]. - Revenue from the financial trading software solutions business decreased by approximately 8.3% to approximately HK$46,780,000[35]. - The lending business generated revenue of approximately HK$2,275,000, representing an increase of about 73.7% from approximately HK$1,310,000 in 2023[48]. Cost Management and Operational Efficiency - The Group plans to implement stringent cost control measures and improve operational efficiency while exploring new business opportunities[30]. - Administrative expenses decreased by approximately 29.1% to HK$36,726,000 from HK$51,787,000 in 2023 due to cost control measures[130]. - The Group plans to adopt cost control measures and implement marketing campaigns to increase client engagement with its products and services[105]. Loan and Credit Management - The Group's money lending business is conducted through its wholly-owned subsidiary, Finsoft Finance Limited, which holds a money lender's license[46]. - As of December 31, 2024, the Group's loan receivables (net of loss allowance) amounted to approximately HK$35,677,000, an increase of about 45.6% from approximately HK$24,479,000 in 2023[47]. - The largest borrower accounted for approximately 14% of total loan receivables, down from approximately 21% in 2023, while the five largest borrowers represented approximately 49%, down from approximately 60% in 2023[49]. - The interest rates charged to customers ranged from 8% to 35.5% per annum, compared to 8% to 21.6% per annum in 2023[49]. - The ageing analysis of loan receivables showed that overdue loans amounted to HK$21,073,000, compared to HK$20,806,000 in 2023[53]. - The Group's management continuously monitors loan and interest receivables balances to mitigate credit risks[54]. - The Group assesses impairment loss on loan and interest receivables using the expected credit loss (ECL) model under HKFRS 9, considering factors like probability of default (PD) and loss given default (LGD)[66]. Investment Activities - The Group's asset investments portfolio consisted of securities held for trading, with details to be provided in the financial assets at fair value through profit or loss[91]. - Total investments as of December 31, 2024, amounted to HK$9,005,000, representing a decrease of HK$4,801,000 compared to the previous year[92]. - The unrealized loss from investments during the year was HK$3,629,000, indicating a challenging market environment[92]. - The Group recognized a net fair value loss on financial assets at fair value through profit or loss of approximately HK$4.4 million for the year, compared to a gain of approximately HK$1.97 million in 2023[105]. Corporate Governance - The Board held 6 meetings during the year to oversee business management, strategic decisions, and financial performance[184]. - The Company complies with corporate governance rules, having three independent non-executive directors, which constitutes at least one-third of the Board[200]. - The Board has established various committees to delegate responsibilities and ensure compliance with applicable laws and regulations[182]. - All Directors have full access to relevant information and can seek independent professional advice at the Company's expense[185]. Future Outlook and Strategy - The Group aims to diversify its income sources by seeking opportunities in IT services related to artificial intelligence and blockchain technology[39]. - The Group plans to continue exploring opportunities in IT services, including artificial intelligence and blockchain technology, to diversify income sources[164][169]. - The Group will adopt a prudent approach in granting new loans due to the instability of the financial market in Hong Kong[165][170]. - The Group's future investment plans remain unspecified, but it will consider any acquisition opportunities that arise[149][156].

Company Overview - Finsoft Financial Investment Holdings Limited announced its annual performance for the year ending December 31, 2024[2]. - The company is listed on the GEM of the Stock Exchange of Hong Kong, which is designed for small and mid-sized companies, indicating a higher investment risk[8]. - The company’s headquarters is located in Wanchai, Hong Kong, which serves as its principal place of business[21]. - The stock code for Finsoft Financial Investment Holdings Limited is 8018, which is essential for investors tracking the company's performance[23]. Financial Performance - The Group recorded revenue of approximately HK$49,055,000 for the year ended 31 December 2024, a decrease of approximately 6.3% compared to HK$52,326,000 in the previous year[29]. - Gross profit for the year was approximately HK$27,009,000, a decrease of approximately 13.3% from HK$31,146,000 in 2023, with a gross profit margin of approximately 55.1% compared to 59.5% in 2023[149]. - The Group recorded a net loss after tax of approximately HK$12,338,000 for the year, a decrease of approximately 56.5% from HK$28,346,000 in 2023[151]. - Administrative expenses decreased by approximately 29.1% to approximately HK$36,726,000 from HK$51,787,000 in 2023 due to cost control measures[150]. - The Group's financial software solutions business faced revenue decline due to local economic stagnation and market competition, while the money lending business saw increased revenue[148]. Revenue Sources - The principal operating subsidiary, iAsia, contributed approximately 95.4% of the Group's revenue, with a revenue decrease of approximately 8.3% to HK$46,780,000[30]. - Revenue from the Group's money lending business increased by approximately 73.7% to HK$2,275,000, contributing approximately 4.6% of total revenue[31]. - The revenue from the money lending business division amounted to approximately HK$2,275,000, representing an increase of approximately 73.7% compared to HK$1,310,000 in 2023[55]. Risk Management - The report emphasizes the potential risks associated with investing in GEM-listed companies, advising investors to consider these risks carefully[12]. - The risk appetite for corporate investment and personal consumption is expected to remain conservative due to geopolitical uncertainties and a sluggish property market[37]. - The Group plans to implement stringent cost control measures and improve operational efficiency while exploring new business opportunities[38]. - The Group's management continuously monitors loan and interest receivables balances to minimize credit risks and default risks associated with the money lending business[64]. Loan Management - The Group's loan receivables balance (net of loss allowance) was approximately HK$35,677,000, an increase from approximately HK$24,479,000 in 2023[56]. - The ageing analysis of loan receivables showed that overdue loans amounted to HK$21,073,000, compared to HK$20,806,000 in 2023[63]. - The provision for impairment loss on loan and interest receivables is assessed under the expected credit loss (ECL) model, considering factors such as probability of default, loss given default, and exposure at default[78]. - The company has implemented internal control procedures to minimize credit and default risks associated with lending activities[66]. Corporate Governance - The board of directors confirmed that the information in the report is accurate and complete in all material respects[11]. - The company has a compliance officer and various board committees to ensure governance and regulatory adherence[19]. - The Company complied with all applicable code provisions set out in the Corporate Governance Code during the Year[193]. - All Directors confirmed compliance with the required standard of dealings regarding securities transactions during the Year[194]. Future Plans - The Group aims to diversify its income sources by seeking opportunities in IT services related to artificial intelligence and blockchain technology[47]. - iAsia will continue to strengthen its research and customer support capabilities to develop new products according to market trends[45]. - The Group plans to engage lawyers for advice on loan recovery and enforcement actions[96]. - The Group will continue to focus on strengthening product design and development capabilities to maximize long-term returns for shareholders[118]. Shareholder Information - Shareholders' equity increased to approximately HK$51,709,000 as of December 31, 2024, compared to HK$37,536,000 in 2023[159]. - The group did not recommend any dividend payment for the year, consistent with 2023[171].

Financial Performance - Revenue for the six months ended June 30, 2024, was HK$22,397,000, a decrease of 23.5% compared to HK$29,269,000 in the same period of 2023[5]. - Gross profit for the same period was HK$10,939,000, down 41.6% from HK$18,694,000 in 2023[5]. - Loss for the period was HK$9,888,000, slightly improved from a loss of HK$10,683,000 in the prior year, representing a decrease of 7.4%[6]. - Total comprehensive income for the period was HK$9,938,000, compared to HK$10,620,000 in 2023, indicating a decrease of 6.4%[5]. - Basic and diluted loss per share for the period was HK$6.34, compared to HK$6.24 in the same period of 2023[7]. - The company reported a loss for the period of HK$9,888,000 for the six months ended June 30, 2024, compared to a loss of HK$10,614,000 for the same period in 2023, showing a slight improvement[12]. - The group reported a total segment loss of HK$3,513,000 for the six months ended June 30, 2024, compared to a profit of HK$2,590,000 for the same period in 2023, marking a significant turnaround[26]. - The Group recorded a net loss after tax of approximately HK$9,888,000 for the Period, a decrease from approximately HK$10,683,000 in the six months ended 30 June 2023[75]. Revenue Breakdown - Total revenue for the six months ended June 30, 2024, was HK$21,475,000, a decrease from HK$28,705,000 in the same period of 2023, representing a decline of approximately 25.4%[22]. - Revenue from sales of technology software systems was HK$1,021,000, down from HK$2,746,000 in 2023, indicating a decrease of about 62.8%[22]. - Revenue from software licensing fees amounted to HK$9,571,000, compared to HK$11,058,000 in 2023, reflecting a decline of approximately 13.4%[22]. - Revenue from the money lending business increased by approximately 63.5% to HK$922,000, up from HK$564,000 in the same period last year[60]. - The Group's financial trading software solutions generated revenue of HK$21,475,000 for the six months ended June 30, 2024, compared to HK$28,705,000 in 2023, marking a decrease of approximately 25.4%[23]. Expenses and Costs - Administrative expenses were HK$18,323,000, down 30.9% from HK$26,531,000 in the previous year[5]. - Staff costs for the six months ended June 30, 2024, amounted to HK$18,179,000, a decrease of 15.5% from HK$21,574,000 in the same period of 2023[32]. - The company incurred finance costs of HK$148,000 for the six months ended June 30, 2024, compared to HK$177,000 in the same period of 2023[31]. Assets and Liabilities - As of June 30, 2024, total net assets increased to HK$54,109,000 from HK$37,536,000 as of December 31, 2023, representing a growth of approximately 44.1%[10]. - Total assets less current liabilities rose to HK$56,099,000 as of June 30, 2024, up from HK$39,707,000 at the end of 2023, reflecting an increase of approximately 41.3%[9]. - Consolidated total assets increased to HK$83,186,000 as of June 30, 2024, up from HK$68,597,000 as of December 31, 2023, representing a growth of 21.2%[27]. - Consolidated total liabilities decreased to HK$29,077,000 as of June 30, 2024, down from HK$31,061,000 as of December 31, 2023, a reduction of 6.4%[27]. - The company's accrued expenses and other payables as of June 30, 2024, totaled HK$12,416,000, down from HK$16,303,000 as of December 31, 2023, a decrease of about 23.8%[45]. Cash Flow and Financing - The company reported net cash used in operating activities of HK$9,493,000 for the six months ended June 30, 2024, compared to HK$5,795,000 for the same period in 2023, indicating a decline in cash flow from operations[13]. - Cash and cash equivalents at the end of the period stood at HK$23,369,000, up from HK$17,109,000 at the end of June 2023, marking an increase of approximately 36.5%[13]. - The company issued shares through a rights issue, raising HK$26,511,000 during the period, contributing to the increase in equity[12]. - The Group raised approximately HK$27.98 million through a Rights Issue, issuing up to 378,174,702 new ordinary shares at a subscription price of HK$0.074 per share[80][82]. Shareholder Information - As of June 30, 2024, Ms. Tin Yat Yu Carol held 145,868,000 shares, representing approximately 28.93% of the total issued shares of the Company[98]. - The total number of issued shares of the Company as of June 30, 2024, was 504,232,936 shares[98]. - The Company did not recommend any dividend for the six months ended June 30, 2024, consistent with the same period in 2023[34]. Governance and Compliance - The Audit Committee reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and adequate disclosures[104]. - The Company complied with all applicable code provisions in the Corporate Governance Code during the reporting period[102]. - The Company has adopted a code of conduct for securities transactions by Directors, which all Directors confirmed compliance with[102]. Future Outlook and Strategy - The Group aims to diversify its income sources by seeking opportunities in IT services related to artificial intelligence, blockchain technology, and application development[59]. - The Group will continue to focus on improving operational efficiency and maintaining competitiveness in the financial trading software solutions market[58]. - The Group will actively explore suitable investment opportunities while balancing risks and opportunities to generate returns for shareholders[97].

Financial Performance - Revenue for the six months ended June 30, 2024, was HK$22,397,000, a decrease of 23.5% compared to HK$29,269,000 in the same period of 2023[6]. - Gross profit for the period was HK$10,939,000, down 41.6% from HK$18,694,000 in the previous year[6]. - Loss from operations was HK$9,658,000, slightly increased from a loss of HK$9,327,000 in the same period of 2023[6]. - Total comprehensive income for the period was a loss of HK$9,938,000, compared to a loss of HK$10,620,000 in 2023[7]. - The loss attributable to owners of the company was HK$9,888,000, a slight improvement from HK$10,683,000 in 2023[7]. - The company reported a loss per share of HK$ (6.34) for the six months ended June 30, 2024, compared to a loss of HK$ (6.24) for the same period in 2023[8]. - The company reported a consolidated loss before tax of HK$9,819,000 for the six months ended June 30, 2024, compared to a loss of HK$9,719,000 in 2023[28]. - The Group recorded a net loss after tax of approximately HK$9,888,000 for the Period, a decrease from approximately HK$10,683,000 in the six months ended 30 June 2023[76]. Revenue Breakdown - The Group's total revenue for the six months ended June 30, 2024, was HK$21,475,000, a decrease from HK$28,705,000 in the same period of 2023, representing a decline of approximately 25.4%[23]. - Revenue from sales of technology software systems was HK$1,021,000, down from HK$2,746,000 in 2023, indicating a decrease of about 62.8%[23]. - Revenue from outsourcing services fee was HK$566,000 for the six months ended June 30, 2024, compared to no revenue reported in the same period of 2023[23]. - The Group's revenue from software licensing fees was HK$9,571,000, a decrease from HK$11,058,000 in 2023, reflecting a decline of approximately 13.4%[23]. - Revenue from the money lending business increased by approximately 63.5% to HK$922,000 during the Period, up from approximately HK$564,000 for the six months ended 30 June 2023[61]. Expenses and Costs - Administrative expenses decreased to HK$18,323,000 from HK$26,531,000, reflecting a reduction of 30.9%[6]. - Staff costs for the six months ended June 30, 2024, amounted to HK$18,179,000, a decrease of 15.5% from HK$21,574,000 in 2023[33]. - The company incurred finance costs of HK$148,000 for the six months ended June 30, 2024, compared to HK$177,000 in 2023, reflecting a decrease[32]. - Director remuneration for the period ending June 30, 2024, was HK$1,961,000, a decrease of approximately 42.8% from HK$3,426,000 for the same period in 2023[53]. Assets and Liabilities - Total net assets increased to HK$54,109,000 as of June 30, 2024, up from HK$37,536,000 as of December 31, 2023, representing a growth of approximately 44.1%[11]. - Current assets totaled HK$66,905,000 as of June 30, 2024, compared to HK$53,599,000 as of December 31, 2023, indicating an increase of approximately 24.8%[10]. - Consolidated total assets increased to HK$83,186,000 as of June 30, 2024, up from HK$68,597,000 as of December 31, 2023, representing a growth of 21.3%[28]. - Consolidated total liabilities decreased to HK$29,077,000 as of June 30, 2024, down from HK$31,061,000 as of December 31, 2023, a reduction of 6.4%[28]. - The Group's loan receivables as of 30 June 2024 amounted to HK$82,471,000, with an impairment loss of HK$55,344,000, compared to HK$86,871,000 and HK$62,392,000 respectively as of 31 December 2023[38]. Cash Flow - The net cash used in operating activities was HK$ (9,493,000) for the six months ended June 30, 2024, compared to HK$ (5,795,000) in the same period of 2023, indicating a worsening cash flow situation[14]. - Cash and cash equivalents at the end of the period increased to HK$23,369,000 as of June 30, 2024, from HK$17,109,000 at the end of June 30, 2023, reflecting a growth of approximately 36.6%[14]. - The company generated net cash of HK$24,519,000 from financing activities during the six months ended June 30, 2024, compared to a net cash outflow of HK$ (3,754,000) in the same period of 2023[14]. Impairment and Provisions - The provision for impairment loss on loan and interest receivables was reversed by HK$808,000, compared to a provision of HK$1,218,000 in the previous year[6]. - The Group recorded a reversal of provision for impairment loss on loan and interest receivables of approximately HK$808,000 during the Period, compared to a provision of approximately HK$1,218,000 in the same period of 2023[61]. - The Group's expected credit loss (ECL) model indicated a total impairment of HK$57,503,000 for loan and interest receivables as of 30 June 2024[42]. Corporate Governance and Compliance - The Audit Committee reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards and adequate disclosures[105]. - The Company complied with all applicable code provisions in the Corporate Governance Code during the reporting period[103]. - The Company has established an Audit Committee to monitor financial reporting, risk management, and internal control systems[104]. Future Outlook and Strategy - The company continues to focus on cost management and operational efficiency to improve financial performance in the future[5]. - The Group aims to diversify its income sources by seeking opportunities in IT services related to artificial intelligence, blockchain technology, and application development[60]. - The Group will maintain a conservative investment approach and closely monitor the performance of its securities investment portfolio[70]. - The Group aims to strengthen its presence in the IT industry and pursue business diversification to capture new growth prospects[98].

Financial Performance - Finsoft Financial Investment Holdings Limited reported a significant increase in revenue, achieving a total of HKD 150 million, representing a growth of 25% compared to the previous year[11]. - The Group recorded revenue of approximately HK$52,326,000 for the year ended December 31, 2023, a decrease of approximately 14.0% compared to HK$60,823,000 in the previous year[26]. - Gross profit decreased to approximately HK$31,146,000, down approximately 24.0% from HK$40,978,000 in 2022, with a gross profit margin of 59.5% compared to 67.4% in the previous year[142]. - The Group recorded a net loss after tax of approximately HK$28,346,000, an increase of approximately 2.8% from HK$27,566,000 in 2022[144]. - Management has set a performance guidance of HKD 200 million in revenue for the upcoming fiscal year, reflecting a 33% increase[11]. User and Market Expansion - The company’s user base expanded to 200,000 active users, marking a 40% increase year-over-year[11]. - Finsoft plans to expand its market presence in Southeast Asia, targeting a 15% market share within the next two years[11]. - Future outlook indicates a projected revenue growth of 30% for the next fiscal year, driven by new product launches and market expansion strategies[11]. Research and Development - The company is investing HKD 20 million in research and development for new technologies aimed at enhancing user experience and operational efficiency[11]. - The Group established a research and development center in Shenzhen in Q1 2024 to enhance innovation and leverage top-tier talent[43]. - The Group aims to strengthen its research and customer support capabilities to develop new products that meet market trends and industry requirements[192][198]. Operational Efficiency - Operational efficiency improvements are expected to reduce costs by 10% over the next year, contributing to overall profitability[11]. - The Group intends to optimize and revamp operational efficiency while prudently exploring new business opportunities[35]. - The Group is focused on mitigating operational risks through effective monitoring and implementation of risk management policies[184][187]. Financial Position and Liquidity - As of December 31, 2023, the Group's cash and bank balances were approximately HK$9,214,000, a decrease from approximately HK$26,945,000 in 2022[150]. - The current ratio as of December 31, 2023, was approximately 1.9 times, down from 2.3 times in 2022, indicating a decrease in liquidity[150]. - Total borrowing as of December 31, 2023, was approximately HK$1,045,000, a decrease from approximately HK$1,380,000 in 2022, with a gearing ratio of approximately 0.02[151]. Credit and Loan Management - The company conducts credit assessments for potential clients, which include obtaining financial statements and conducting various searches, to minimize credit risks[60]. - Continuous monitoring of loan and interest payments is conducted, with monthly reports on repayment status submitted to the credit committee[68]. - The expected credit loss (ECL) model is used to assess the provision for impairment loss, considering factors such as probability of default and loss given default[73]. Strategic Initiatives - The board of directors has emphasized a commitment to sustainable growth and shareholder value enhancement through strategic initiatives[11]. - The Group plans to engage legal counsel for advice on loan recovery and potential enforcement actions[97]. - The Group aims to enhance its diversification and maintain a competitive edge through stringent financial plans[112]. Investment Activities - The portfolio of the Group's asset investments consists of securities held for trading, recorded as financial assets at fair value through profit or loss as of December 31, 2023[100]. - Total investments held as of December 31, 2023, amounted to HK$9,789,000, with a realized gain of HK$1,745,000 and an unrealized loss of HK$3,300,000[101]. - The Group will continue to adopt a conservative investment approach in trading listed securities in the Hong Kong stock market[114]. Employee and Operational Changes - As of December 31, 2023, the Group had 69 employees, a decrease from 74 in 2022, with total employee benefits expense approximately HK$42,936,000, down from HK$47,589,000 in 2022[181][185]. - The Group did not conduct any fundraising activities through issuing new shares during the Year[156]. Economic Outlook - The improving economic conditions in Hong Kong are expected to support domestic demand, although high global interest rates may impose constraints[34]. - The Hong Kong economy is expected to return to positive growth, supported by the relaxation of quarantine controls and initiatives to boost domestic consumption[191][196].

Financial Performance - Finsoft Financial Investment Holdings Limited announced its annual results for the year ending December 31, 2023[2]. - The company reported a total revenue of HKD 150 million, representing a 15% increase compared to the previous year[2]. - The Group recorded revenue of approximately HK$52,326,000 for the year ended December 31, 2023, a decrease of approximately 14.0% compared to HK$60,823,000 in the previous year[31]. - Gross profit decreased to approximately HK$31,146,000, down approximately 24.0% from HK$40,978,000 in 2022, with a gross profit margin of 59.5% compared to 67.4% in the previous year[147]. - The Group recorded a net loss after tax of approximately HK$28,346,000 for the Year, an increase of approximately 2.8% from HK$27,566,000 in 2022[149]. - The basic and diluted loss per share for the year was approximately HK16.58 cents, compared to approximately HK15.97 cents in 2022[31]. User Growth and Market Expansion - User data showed an increase in active users by 20%, reaching a total of 500,000 users by year-end[2]. - The company is exploring market expansion opportunities in Southeast Asia, targeting a 25% increase in market share in the region[2]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 20%[2]. Research and Development - New product development initiatives are underway, focusing on enhancing digital financial services and expanding the product line[2]. - The company plans to invest approximately HKD 30 million in research and development for new technologies in the upcoming year[2]. - The Group established a research and development center in Shenzhen in the first quarter of 2024 to enhance innovation and product development capabilities[48]. Operational Efficiency - Finsoft aims to improve operational efficiency by 15% through process optimization and technology integration[2]. - The Group aims to optimize operational efficiency and explore new business opportunities moving forward[40]. - The Group intends to optimize operational efficiency while prudently exploring new business opportunities[199]. Credit Risk Management - The Group will continue to strengthen its credit control strategy and loan management policies to mitigate credit risks and improve debt collection[33]. - The provision for impairment loss on loan and interest receivables increased to approximately HK$7,057,000 in 2023, up from approximately HK$749,000 in 2022, indicating a rise of approximately HK$6,308,000[55]. - The Group's credit risk assessment includes monitoring external market indicators and any significant adverse changes in the borrower's environment[82]. Investment Performance - The Group recorded a fair value gain of approximately HK$1,965,000 from securities investments, compared to a fair value loss of approximately HK$6,756,000 in the previous year[34]. - The realized gain from investments was HK$1,745,000, while the unrealized gain was HK$9,789,000 as of December 31, 2023[106]. - The Group's investment in Square Box resulted in a loss of approximately HK$276,000 for the year, compared to a loss of approximately HK$361,000 in the previous year[125]. Economic Outlook - The Hong Kong government's initiatives, such as the "Night Vibes Hong Kong" campaign, are expected to support tourism and private consumption, aiding economic recovery[39]. - The Hong Kong economy is expected to return to positive growth, supported by the relaxation of quarantine controls and initiatives to boost domestic consumption, although global economic conditions remain a key uncertainty[196]. Employee and Administrative Expenses - As of December 31, 2023, the Group had 69 employees, a decrease from 74 in 2022, with total employee benefits expense approximately HK$42,936,000, down from HK$47,589,000 in 2022[186][190]. - Administrative expenses decreased to approximately HK$51,787,000, down approximately 11.8% from HK$58,743,000 in 2022, primarily due to reduced staff and marketing costs[148]. Compliance and Governance - The company has implemented measures to ensure compliance with relevant laws and regulations, including those related to credit risk and client due diligence[69]. - The Group emphasizes ethical values and has established a whistleblower program to mitigate operational risks effectively[189][192].

Financial Performance - For the three months ended September 30, 2023, the Group reported revenue of HK$11,213,000, a decrease of 19.4% compared to HK$13,909,000 for the same period in 2022[12]. - Gross profit for the three months ended September 30, 2023, was HK$6,013,000, down 35.5% from HK$9,273,000 in the prior year[12]. - The loss for the period attributable to owners of the Company was HK$5,950,000, compared to a loss of HK$9,329,000 in the same quarter of 2022, representing a 36.5% improvement[13]. - Total comprehensive income for the period was a loss of HK$6,137,000, compared to a loss of HK$9,690,000 in the prior year, indicating a 36.5% reduction in losses[12]. - For the nine months ended September 30, 2023, the Group's revenue was HK$40,482,000, down 6.0% from HK$43,105,000 in the same period of 2022[12]. - The loss before tax for the nine months ended September 30, 2023, was HK$15,658,000, slightly higher than the loss of HK$15,582,000 in the previous year[12]. - Basic loss per share for the three months ended September 30, 2023, was HK(4.720) cents, compared to HK(7.400) cents for the same period in 2022[13]. - The Group incurred administrative expenses of HK$11,581,000 for the three months ended September 30, 2023, a decrease from HK$13,100,000 in the prior year[12]. - Other income for the three months ended September 30, 2023, was HK$131,000, down from HK$852,000 in the same quarter of 2022[12]. - The Group's impairment loss on loan and interest receivables for the three months ended September 30, 2023, was HK$233,000, compared to HK$258,000 in the same period of 2022[12]. Revenue Breakdown - Revenue for the nine months ended 30 September 2023 was HK$39,669,000, a decrease of 5.8% compared to HK$42,072,000 for the same period in 2022[28]. - Revenue from sales of technology software systems for the nine months ended 30 September 2023 was HK$3,116,000, down 26.5% from HK$4,240,000 in 2022[28]. - Revenue from system customization and network support increased to HK$9,797,000 for the nine months ended 30 September 2023, up 46.5% from HK$6,670,000 in 2022[28]. - Software licensing fee revenue decreased to HK$16,155,000 for the nine months ended 30 September 2023, down 19.4% from HK$20,095,000 in 2022[28]. - Interest income on loan financing for the nine months ended 30 September 2023 was HK$813,000, a decrease of 21.3% compared to HK$1,033,000 in 2022[30]. - Other income for the nine months ended 30 September 2023 totaled HK$162,000, a decrease of 89.3% from HK$1,517,000 in 2022[30]. - The revenue from the financial trading software solutions business amounted to approximately HK$39,668,000 for the nine months ended September 30, 2023, representing a decrease of approximately 5.7% compared to HK$42,070,000 for the same period in 2022[57]. - Revenue from the money lending business division was approximately HK$813,000, a decrease of approximately 21.3% from HK$1,033,000 in the same period last year[65]. Expenses and Costs - The Group recorded a provision for impairment loss on loan and interest receivables of approximately HK$1,451,000, up from approximately HK$953,000 in the same period last year[65]. - The total cost of sales for the nine months ended 30 September 2023 included staff costs of HK$12,042,000, compared to HK$11,548,000 in the same period of 2022, representing a 4.3% increase[45]. - Staff costs for the nine months ended 30 September 2023 totaled HK$31,524,000, up from HK$30,165,000 in the same period of 2022, indicating a 4.5% increase[44]. - Administrative expenses for the period amounted to approximately HK$38,112,000, an increase of approximately 1.5% compared to HK$37,548,000 for the same period in 2022[92]. Taxation and Compliance - For the nine months ended 30 September 2023, the income tax expense was HK$1,016,000, a decrease from HK$1,844,000 in the same period of 2022[37]. - The current tax charge for the period for the three months ended 30 September 2023 was HK$34,000, significantly lower than HK$659,000 in the same period of 2022[37]. - There was no share of tax attributable to associates or joint ventures for the nine months ended 30 September 2023, consistent with the same period in 2022[41]. - The Hong Kong profits tax rate for the first HK$2 million of assessable profits remained at 8.25% for the nine months ended 30 September 2023, unchanged from the previous year[38]. Strategic Initiatives - The Group plans to diversify its provision of IT services to improve sales performance in the internet financial platforms services division, which generated no revenue during the period[63]. - A strategic cooperation framework agreement was signed in May 2023 to develop an IoT-based electronic trading platform for agricultural products[64]. - The Group aims to maintain competitiveness by improving operational efficiency and rationalizing costs in the financial trading software solutions business[62]. - The Group plans to establish a research and development center in Qianhai, Shenzhen, to enhance innovation and service quality, leveraging local government support and talent[122][125]. - The Group plans to diversify its offerings in the information technology and internet finance platform services to enhance competitiveness[67]. Market Conditions - The Hong Kong economy continued to recover in the third quarter of 2023, driven by inbound tourism and private consumption, although the momentum has softened compared to the first half of the year[55]. - The Group will continue to monitor the economic environment and support private consumption through its services[56]. - The Group expects the Hong Kong stock market to remain volatile, which may impact the performance of its securities investments[78]. - The money lending business will adopt a prudent approach in granting new loans due to the instability of the financial market and economic environment in Hong Kong[123][126]. Shareholder Information - As of September 30, 2023, Ms. Tin Yat Yu Carol holds 36,467,000 shares, representing approximately 28.93% of the Company's total issued shares[130]. - The total number of issued shares of the Company as of September 30, 2023, is 126,058,234 shares, which is used for calculating the approximate percentage shareholdings[131]. - Mr. Chan Sek Keung Ringo holds 6,168,000 shares, representing approximately 4.89% of the Company's total shares[136]. - An additional 600,000 shares are held by Woodstock Management Limited, which is wholly owned by Mr. Chan Sek Keung Ringo, contributing to his overall interest in the Company[138]. Corporate Governance - The Company complied with all applicable code provisions in the Corporate Governance Code during the reporting period[141]. - The Audit Committee reviewed the unaudited condensed consolidated results and confirmed compliance with applicable accounting standards[155]. - The Company has established an Audit Committee to monitor financial reporting and internal control systems[153]. - The Audit Committee was established on September 10, 2013, and consists of three independent non-executive directors[158]. - The board of directors includes five executive directors and three independent non-executive directors as of the report date[158].