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佈之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈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。 UNITAS HOLDINGS LIMITED 宏 海 控 股 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） 8020 （股份代號： ） 截至二零二三年九月三十日止六個月之 中期業績公佈 GEM GEM 香港聯合交易所有限公司（「聯交所」） （「 」）之特色 GEM乃為較於聯交所上市之其他公司帶有高投資風險之公司提供一個上市之市場。準投資 者應瞭解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決定。GEM 之較高風險及其他特色表示GEM較適合專業及其他資深投資者。 由於GEM上市公司之新興性質使然，於GEM買賣之證券可能會較於聯交所主板買賣之證券 承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本公佈之內容概不負責，對其準確性或完整性亦不 發表聲明，並明確表示不就本公佈全部或任何部分內容而產生或因倚賴該等內容而引致之 ...

Financial Performance - For the three months ended June 30, 2023, the group's unaudited revenue was approximately HKD 21,225,000, a decrease of about 38.35% compared to HKD 34,429,000 for the same period in 2022[4] - The group recorded an unaudited consolidated profit attributable to owners of the company from continuing operations of approximately HKD 376,000, down from HKD 2,381,000 in the same period of 2022[4] - The earnings per share from continuing operations for the three months ended June 30, 2023, was HKD 0.01, compared to HKD 0.09 for the same period in 2022[6] - The total comprehensive income for the period attributable to owners of the company was HKD 376,000, down from HKD 2,381,000 in the same period of 2022[6] - The group reported a pre-tax profit of approximately HKD 534,000 for the three months ended June 30, 2023, compared to HKD 3,490,000 in the same period of 2022[32] Revenue Breakdown - The revenue from dry bulk shipping and logistics services was HKD 16,791,000, a decrease from HKD 31,099,000 in the previous year[14] - Revenue from IP automation and entertainment business increased to HKD 4,434,000 from HKD 3,330,000 in the same period last year[14] - The dry bulk shipping and logistics services generated revenue of approximately HKD 16,791,000, down from HKD 31,099,000, reflecting a decline of about 46.01% due to adverse macroeconomic conditions in the international shipping industry[29][32] - The IP automation and entertainment business reported revenue of approximately HKD 4,434,000, an increase of about 33.03% from HKD 3,330,000 in the previous year[30] Operating Costs and Expenses - The group's operating costs for the three months ended June 30, 2023, were HKD 17,601,000, compared to HKD 28,952,000 in the same period of 2022[5] - Administrative and operating expenses increased by approximately 28.88% to about HKD 2,972,000 from HKD 2,306,000 in the previous year[32] - The group incurred employee benefits expenses of approximately HKD 2,194,000, compared to HKD 1,436,000 in the previous year[17] - The group's financing costs for the three months ended June 30, 2023, were HKD 22,000, slightly up from HKD 19,000 in the previous year[5] - The interest on lease liabilities for the three months ended June 30, 2023, was HKD 22,000, slightly up from HKD 20,000 in the previous year[16] Dividend and Shareholder Information - The group did not recommend the payment of dividends for the three months ended June 30, 2023[4] - The group did not recommend any dividend for the three months ended June 30, 2023, consistent with the previous year[21] - As of June 30, 2023, major shareholders include Ms. He Chaorong with 407,890,000 shares (15.61%), Ms. Wen Yingyi with 441,900,000 shares (16.91%), and Mr. Liu Lingde with 43,937,500 shares (1.68%)[45] - Major shareholders include Mr. Chen Yufeng holding 251,462,500 shares (9.62%) and Mr. Lin Jinhong holding 163,900,000 shares (6.27%) as of June 30, 2023[49] Business Strategy and Expansion - The group has entered into agreements with a major logistics supply chain company in Heihe, China, to ensure logistics services between Russia and China, and is diversifying its logistics services to include land transportation between Hong Kong and China[40] - The group plans to expand its entertainment and sports experience parks, with two new locations in Huizhou and Baoan, China, set to open in the fiscal year 2023/24[41] - The group has established new agreements with two Chinese real estate developers and a cinema operator to further expand its IP-related brand management and marketing consulting business[41] - The group is leveraging its IP network to launch IP-related projects and activities in China and Macau, utilizing the concept of self-operated entertainment venues[41] - The group has committed to enhancing its logistics service division while actively seeking new customer bases and expanding its business scale[40] - The group is focusing on integrating resources to enhance its business through the launch of the Sooper Yoo entertainment and sports experience parks[41] Compliance and Governance - The group confirmed that the information provided in the report is accurate and complete, with no misleading or fraudulent elements[1] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the first quarter and confirmed compliance with applicable accounting standards and regulations[57] - The group has implemented a share option scheme to reward eligible participants, including full-time employees, for their contributions[43] Employment and Human Resources - As of June 30, 2023, the group employed 44 full-time and 16 part-time employees, with total employee benefit expenses amounting to approximately HKD 2,190,000, up from HKD 1,440,000 for the same period in 2022[38] - The group has seen a significant increase in employee benefit expenses, indicating a strategic investment in human resources to support business growth[38] Securities Transactions - No purchases, redemptions, or sales of the company's listed securities were made by the company or its subsidiaries during the three months ending June 30, 2023[52]

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佈之內容概不負責，對其準 確性或完整性亦不發表聲明，並明確表示不就本公佈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。 UNITAS HOLDINGS LIMITED 宏 海 控 股 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） 8020 （股份代號： ） 截至二零二三年六月三十日止三個月之二零二三年 第一季度業績公佈 GEM GEM 香港聯合交易所有限公司（「聯交所」） 市場（「 」）之特色 GEM乃為較於聯交所上市之其他公司帶有高投資風險之公司提供一個上市之市場。準投資 者應瞭解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決定。GEM 之較高風險及其他特色表示GEM較適合專業及其他資深投資者。 由於GEM上市公司之新興性質使然，於GEM買賣之證券可能會較於聯交所主板買賣之證券 承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 本公佈載有遵照聯交所GEM證券上市規則（「GEM上市規則」）規定而提供有關宏海控股集 團有限公司（「本公司」）之資料，本公司之董事（「董事」）願就本公 ...

Financial Performance - The group recorded total revenue of approximately HKD 90,990,000 for the fiscal year ending March 31, 2023, representing an increase of approximately 89.80% compared to HKD 47,940,000 in the previous year[15]. - The logistics services segment achieved revenue of approximately HKD 73,770,000, up from HKD 37,770,000 in the previous year, indicating significant growth in this area[12]. - The group reported a net loss attributable to owners of approximately HKD 1,030,000 for the fiscal year, a reduction from a net loss of approximately HKD 4,970,000 in the previous year, primarily due to strong growth in logistics services[15]. - The group recorded revenue of approximately HKD 73,770,000 for the year ended March 31, 2023, compared to HKD 37,770,000 in 2022, representing an increase of 95.5%[23]. - The group’s IP automation and entertainment business generated revenue of approximately HKD 17,220,000 for the year ended March 31, 2023, up approximately 69.32% from HKD 10,170,000 in 2022[26]. - The net loss for the year was HKD 1,026,000, a significant improvement from a net loss of HKD 4,972,000 in the previous year, indicating a reduction in losses by approximately 79.4%[179]. - The company's total equity as of March 31, 2023, was HKD 19,278,000, down from HKD 20,579,000 the previous year, reflecting ongoing losses impacting shareholder equity[190]. Operational Developments - The "Sooper Yoo" integrated entertainment park commenced operations in the third quarter of 2022, contributing to the group's revenue growth[10]. - The group diversified its logistics services to include land transportation between Russia and China, as well as local logistics services in Hong Kong[12]. - The group temporarily suspended its dry bulk shipping and logistics services due to market uncertainties and competition but has since successfully resumed logistics services[11]. - The group is actively seeking opportunities to design, build, and operate themed amusement areas in shopping centers and cultural parks in China[25]. - The group has established agreements to operate two additional entertainment and sports experience amusement parks in Huizhou and Baoan, China, starting in the fiscal year 2023/24[25]. - The group faced challenges in expanding its dry bulk shipping-related logistics services due to the sudden passing of its executive director and CEO, which impacted its business development efforts[22]. Financial Position - As of March 31, 2023, the company reported net current assets of approximately HKD 18,710,000, with cash and bank balances of approximately HKD 29,030,000, compared to HKD 19,100,000 and HKD 28,430,000 in 2022, respectively[31]. - The current ratio as of March 31, 2023, was approximately 1.88, up from 1.62 in 2022, while the debt-to-equity ratio improved to 11.04% from 17.79%[31]. - The company had no bank financing as of March 31, 2023, and received a total of approximately HKD 1,004,000 in unsecured, interest-free advances from shareholders, down from approximately HKD 1,939,000 in the previous year[112]. - Cash and cash equivalents increased to HKD 29,030,000 from HKD 28,431,000, showing a slight increase of 2.1%[182]. - The company reported a reversal of expected credit losses amounting to HKD 657,000, compared to a provision of HKD 922,000 in the previous year[179]. Governance and Compliance - The board of directors did not recommend any dividend for the fiscal year ending March 31, 2023, consistent with the previous year[32]. - The company has established a nomination committee to ensure a diverse board composition, considering skills, experience, and other relevant factors[64]. - All independent non-executive directors confirmed their independence according to GEM Listing Rules, ensuring compliance with governance standards[68]. - The company adopted a code of conduct for securities trading by directors, adhering to GEM Listing Rules[70]. - The company emphasizes the importance of effective communication with shareholders, utilizing various channels including annual and special general meetings, and reports[86]. - The company has implemented various measures to reduce its carbon footprint, including double-sided printing as the default setting for most network printers[99]. Shareholder Information - As of March 31, 2023, the company's major shareholders include Mr. Chen Yufeng with 251,462,500 shares (9.62%) and Mr. Lin Jinhong with 163,900,000 shares (6.27%) [135]. - The largest supplier accounted for 38.2% of the group's procurement, while the top five suppliers represented 76.5%[109]. - The largest customer contributed 80.3% of sales, and the top five customers accounted for 98.7% of total sales during the fiscal year[113]. - The company has confirmed that it maintains sufficient public float as required by GEM listing rules as of the report date [138]. Audit and Financial Reporting - The independent auditor's report confirms that the consolidated financial statements present a true and fair view of the group's financial position as of March 31, 2023[161]. - The audit committee is responsible for reviewing the financial reporting process, risk management, and internal control systems[81]. - The company is responsible for preparing the consolidated financial statements in accordance with the Hong Kong Financial Reporting Standards[170]. - The independent auditor has focused on the expected credit loss assessment for trade receivables as a key audit matter due to significant management judgment involved[165]. Future Outlook - The company plans to expand its logistics services and has reached an agreement with a major logistics supply chain company in Heilongjiang, China, to ensure logistics services between Russia and China[45]. - The company intends to open two additional entertainment and sports experience playgrounds in Huizhou and Baoan, China, starting in the fiscal year 2023/2024[45].

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佈之內容概不負責，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佈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。 UNITAS HOLDINGS LIMITED 宏 海 控 股 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） 8020 （股份代號： ） 截至二零二三年三月三十一日止年度之 年度業績公佈 宏海控股集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董事會」）謹 此公佈本公司及其附屬公司截至二零二三年三月三十一日止年度之經審核年度業績。 本公佈載有本公司二零二二年╱二零二三年年報（「年報」）全文，符合聯交所GEM證券上市規則 （「GEM 上市規則」）有關年度業績初步公佈須隨附資料的相關規定。年報印刷版載有GEM上市規 則規定的資料，將按照GEM上市規則規定的方式適時寄發予本公司股東。 承董事會命 宏海控股集團有限公司 主席 何超蕸 香港，二零二三年六月三十日 於本公佈日期，本公司執行董事為何超蕸女士（主席）、劉令德先生及文穎怡女士；獨立非執行董 事為邵志堯先生、李志強先 ...

Financial Performance - For the nine months ended December 31, 2022, the group's unaudited revenue reached HKD 70,271,000, an increase of approximately 506.9% compared to the same period in 2021[5]. - The company reported a profit attributable to owners of approximately HKD 1,809,000 for the nine months ended December 31, 2022, compared to a loss of approximately HKD 3,819,000 in the same period of 2021[5]. - The earnings per share for the nine months ended December 31, 2022, was approximately HKD 0.07, a significant improvement from a loss of HKD 0.15 per share in the previous year[9]. - The total gross profit for the nine months ended December 31, 2022, was HKD 12,850,000, compared to HKD 6,948,000 for the same period in 2021[7]. - The group reported a profit before tax of HKD 3,065,000 for the nine months ended December 31, 2022, compared to a loss of HKD 2,797,000 in the same period of 2021[22]. - The net profit for the nine months ended December 31, 2022, was HKD 1,809,000, a recovery from a loss of HKD 3,819,000 in the same period of 2021[27]. - Total revenue for the nine months ended December 31, 2022, reached HKD 70,271,000, up from HKD 11,579,000 in the same period of 2021, indicating a substantial increase of approximately 505%[19]. Revenue Breakdown - Revenue from dry bulk shipping and logistics agency services for the nine months ended December 31, 2022, was HKD 55,102,000, a significant increase from HKD 699,000 in the same period of 2021[17]. - Revenue from IP automation and entertainment business for the nine months ended December 31, 2022, was HKD 15,169,000, compared to HKD 10,880,000 in the same period of 2021, reflecting a growth of approximately 39.5%[19]. - The group recorded revenue of approximately HKD 55,102,000 from dry bulk shipping and logistics services, a significant increase from HKD 699,000 in the previous year, resulting in a profit of approximately HKD 3,765,000 compared to HKD 472,000 last year[32]. - Revenue from IP automation and entertainment business reached approximately HKD 15,169,000, representing a growth of about 39.4% from HKD 10,880,000 in the previous year, driven by contributions from various entertainment venues and IP-related services[33]. Expenses and Costs - The administrative and operating expenses for the nine months ended December 31, 2022, were HKD 10,516,000, an increase from HKD 9,582,000 in the previous year[7]. - The financing costs for the nine months ended December 31, 2022, were HKD 49,000, a decrease from HKD 167,000 in the previous year[7]. - The group incurred employee benefits expenses of HKD 5,237,000 for the nine months ended December 31, 2022, compared to HKD 3,462,000 in the same period of 2021[22]. - Administrative and operating expenses for the nine months ended December 31, 2022, were approximately HKD 10,516,000, up from HKD 9,582,000 in the previous year, primarily due to increased employee costs and bonuses[36]. Dividend and Shareholder Information - The company did not recommend the payment of a dividend for the nine months ended December 31, 2022[5]. - The company did not recommend any dividend payment for the nine months ended December 31, 2022[26]. - As of December 31, 2022, the company’s major shareholders include Ms. He Chaorong with 407,890,000 shares (15.61%) and Ms. Wen Yingyi with 441,900,000 shares (16.91%)[47]. - Major shareholders also include Mr. Chen Yufeng with 251,462,500 shares (9.62%) and Mr. Lin Jinhong with 163,900,000 shares (6.27%)[51]. - The average number of issued ordinary shares for the nine months ended December 31, 2022, was 2,612,959,333 shares[27]. Corporate Governance - The board confirmed that the information provided in the report is accurate and complete, with no misleading elements[3]. - The company has complied with the GEM Listing Rules and corporate governance code, with the exception of the chairman's absence at the annual general meeting[57]. - The company has adopted a code of conduct for securities trading by directors, which has been adhered to throughout the reporting period[56]. - The company’s independent non-executive directors include Dr. Zhou Haoyun, Mr. Shao Zhiyao, and Mr. Li Zhiqiang[60]. - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the nine months ending December 31, 2022[60]. Business Strategy and Operations - The company experienced a significant increase in revenue driven by improved operational performance and market conditions[5]. - The group is actively seeking business partners to expand entertainment venues in Hong Kong and Macau, with ongoing discussions with various clients and shipping agents[41]. - The large integrated entertainment experience venue "Sooper Yoo" in Westwood has commenced operations, contributing to the group's revenue since the third quarter of 2022[41]. - The group maintains a conservative financial policy, with all bank deposits held in HKD to minimize foreign exchange risk[37]. - The group has established solid relationships with suppliers and customers from China and Hong Kong, aiming to diversify its business model to reduce operational risks[41]. - The group is committed to improving existing operations to increase revenue and maximize returns for shareholders[42]. Other Information - The company has no record of purchasing, redeeming, or selling any of its listed shares during the nine months ending December 31, 2022[54]. - No rights were granted to any directors or their family members to benefit from acquiring shares or debt securities of the company during the reporting period[52]. - The company’s chairman, Ms. He Chaorong, was unable to attend the annual general meeting due to other important duties[59].

Financial Performance - For the six months ended September 30, 2022, the group's unaudited revenue reached approximately HKD 57,714,000, an increase of about 1,161% compared to the same period in 2021[5]. - The profit attributable to owners of the company for the six months ended September 30, 2022, was approximately HKD 2,931,000, compared to a loss of approximately HKD 4,491,000 in the same period of 2021[5]. - The earnings per share from continuing operations for the six months ended September 30, 2022, was approximately HKD 0.11, compared to a loss per share of HKD 0.18 in the same period of 2021[5]. - The gross profit for the six months ended September 30, 2022, was HKD 10,049,000, compared to HKD 1,740,000 in the same period of 2021[8]. - The total comprehensive income for the six months ended September 30, 2022, was HKD 2,931,000, a significant recovery from a loss of HKD 4,491,000 in the same period of 2021[10]. - For the six months ended September 30, 2022, the company reported a total revenue of HKD 57,714,000, a significant increase from HKD 4,577,000 in the same period of 2021, representing a growth of approximately 1,157%[36]. - The company reported a profit of HKD 2,931,000 for the six months ended September 30, 2022, compared to a loss of HKD 4,491,000 in the same period of 2021[17]. - The company’s total comprehensive income for the six months ended September 30, 2022, was HKD 2,931,000, compared to a total comprehensive loss of HKD 4,491,000 in the same period of 2021[17]. - The company incurred a loss of HKD 4,491,000 for the six months ended September 30, 2021, compared to a profit of HKD 2,931,000 for the same period in 2022[50]. Assets and Liabilities - The total assets as of September 30, 2022, were HKD 43,750,000, a decrease from HKD 49,714,000 as of March 31, 2022[12]. - The current liabilities as of September 30, 2022, totaled HKD 21,823,000, down from HKD 30,612,000 as of March 31, 2022[14]. - The total assets as of September 30, 2022, amounted to HKD 45,333,000, with total liabilities of HKD 21,823,000[44]. - The total equity attributable to the owners of the company as of September 30, 2022, was HKD 23,510,000, an increase from HKD 20,579,000 as of March 31, 2022[17]. - The company’s net assets as of September 30, 2022, were approximately HKD 23,510,000, up from approximately HKD 20,579,000 as of March 31, 2022[79]. Cash Flow - The company generated a net cash inflow from operating activities of HKD 1,134,000 for the six months ended September 30, 2022, compared to a net cash outflow of HKD 7,799,000 in the same period of 2021[19]. - The company’s financing activities resulted in a net cash outflow of HKD 1,233,000 for the six months ended September 30, 2022[19]. - The cash and cash equivalents at the end of the period were HKD 28,332,000, a decrease from HKD 18,740,000 at the end of the same period in 2021[19]. Revenue Segments - The company’s revenue from IP automation and entertainment for the six months ended September 30, 2022, was HKD 11,300,000, up from HKD 4,577,000 in the same period of 2021[36]. - The company’s revenue from dry bulk shipping and logistics agency services for the six months ended September 30, 2022, was HKD 46,414,000, with no revenue reported in the same period of 2021[36]. - The dry bulk shipping and logistics services generated revenue of HKD 46,410,000, with a net profit of approximately HKD 2,930,000 for the period[74]. - The IP automation and entertainment business generated revenue of approximately HKD 11,300,000, an increase of about 147% compared to HKD 4,580,000 in the previous year[75]. Operating Costs - The company reported a significant increase in operating costs, which rose to HKD 47,665,000 for the six months ended September 30, 2022, compared to HKD 2,837,000 in the same period of 2021[8]. - Administrative and operating expenses increased by approximately 6.77% to about HKD 6,370,000 from approximately HKD 5,966,000 in the same period last year[78]. Dividends - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2022[5]. - The company did not recommend any dividend for the six months ended September 30, 2022, consistent with the previous year[46]. Corporate Governance - The audit committee reviewed the unaudited condensed consolidated interim financial statements for the six months ending September 30, 2022, and found them compliant with applicable accounting standards[111]. - The company has adopted a code of conduct for securities trading by directors, which complies with GEM Listing Rules[107]. - The company has adhered to the corporate governance code as per GEM Listing Rules, with the exception of the chairman's absence at the annual general meeting due to other commitments[108]. Employee Information - As of September 30, 2022, the group employed 19 full-time and 4 part-time employees, with total employee benefits expenses amounting to approximately HKD 2,971,000, up from HKD 2,253,000 for the same period in 2021[86]. Trading Suspension - The company’s shares have been suspended from trading since May 17, 2022, and will remain suspended until further notice[87]. - The group is taking necessary steps to resolve issues leading to the trading suspension and aims to comply with the resumption guidance from the stock exchange[89]. Future Plans - The group is currently assessing resources and discussing with business partners to resume dry bulk shipping and logistics agency services[91]. - The logistics service business has shown strong growth since its recovery in Q4 2021, with ongoing negotiations with various clients and a large freight forwarding group in China contributing to the business[93]. - The IP-related brand management and marketing consulting services have become a major revenue source for the group, with a large integrated entertainment experience park completed and contributing revenue in Q3 2022[93]. - The group is actively seeking business partners to open entertainment venues in Hong Kong and Macau, aiming to diversify its entertainment business[93]. - The group expects the entertainment experience park to continue generating revenue in Q4 2022, which will help demonstrate compliance with GEM listing rules[94]. - The company is committed to improving existing operations to increase revenue and maximize returns for shareholders[96]. Shareholding Structure - As of September 30, 2022, Ms. He Chaoyan holds 407,890,000 shares, representing 15.61% of the company's equity[99]. - Ms. Wen Yingyi holds 441,900,000 shares, representing 16.91% of the company's equity[99]. - Mr. Wang Qiang (suspended) holds 100,000,000 shares, representing 3.83% of the company's equity[99]. - Mr. Liu Lingde holds 43,937,500 shares, representing 1.78% of the company's equity[99]. - Mr. Chen Yufeng holds 251,462,500 shares, representing 9.62% of the company's equity[102]. - Mr. Lin Jinhong holds 163,900,000 shares, representing 6.27% of the company's equity[102]. Securities Transactions - No purchases, redemptions, or sales of the company's listed securities were made by the company or its subsidiaries during the six months ending September 30, 2022[105].

Financial Performance - For the three months ended June 30, 2022, the group's unaudited revenue was approximately HKD 34,429,000, an increase of about 3,751% compared to the same period in 2021[5]. - The group recorded an unaudited consolidated profit attributable to owners of the company from continuing operations of approximately HKD 2,381,000, compared to a loss of approximately HKD 1,977,000 in the same period of 2021[5]. - The earnings per share from continuing operations for the three months ended June 30, 2022, was HKD 0.09, compared to a loss per share of HKD 0.08 in the same period of 2021[10]. - The gross profit for the three months ended June 30, 2022, was HKD 5,477,000, compared to HKD 621,000 in the same period of 2021[8]. - The company's profit attributable to owners for the three months ended June 30, 2022, was approximately HKD 2,381,000, compared to a loss of approximately HKD 1,977,000 in the same period last year[37]. Revenue Breakdown - The dry bulk shipping and agency services generated revenue of HKD 31,100,000, with a net profit of approximately HKD 2,790,000, compared to a net loss of approximately HKD 20,000 in the previous year[33]. - The IP automation and entertainment business reported revenue of approximately HKD 3,330,000, representing an increase of about 274% from approximately HKD 890,000 in the previous year[34]. - The company's revenue for the three months ended June 30, 2022, was approximately HKD 34,429,000, an increase of about 3,751% compared to approximately HKD 894,000 in the same period last year[35]. Expenses and Costs - The operating costs for the three months ended June 30, 2022, were HKD 28,952,000, compared to HKD 273,000 in the same period of 2021[8]. - The administrative and operating expenses for the three months ended June 30, 2022, were HKD 2,306,000, compared to HKD 2,514,000 in the same period of 2021[8]. - Administrative and operating expenses decreased by approximately 8.3% to about HKD 2,306,000 from approximately HKD 2,514,000 in the previous year[35]. - The income tax expense for the three months ended June 30, 2022, was HKD 1,109,000, compared to HKD 52,000 in the previous year[25]. - The financing cost related to lease liabilities was HKD 20,000, down from HKD 32,000 in the previous year[21]. Equity and Dividends - The company did not recommend the payment of dividends for the three months ended June 30, 2022[5]. - The company’s total equity as of June 30, 2022, was HKD 22,960,000, compared to HKD 16,102,000 as of June 30, 2021[12]. - The company did not recommend any dividend payment for the three months ended June 30, 2022, consistent with the previous year[26]. Shareholder Information - As of June 30, 2022, the company’s major shareholders include Ms. He Chaochen with 407,890,000 shares (15.61%) and Ms. Wen Yingyi with 441,900,000 shares (16.91%)[46]. - The company’s major shareholders include Mr. Chen Yufeng with 251,462,500 shares (9.62%) and Mr. Lin Jinhong with 163,900,000 shares (6.27%) as of June 30, 2022[50]. Employee and Operational Insights - As of June 30, 2022, the total employee benefits expenditure was approximately HKD 1,440,000, compared to HKD 1,060,000 for the same period in 2021, reflecting a year-on-year increase of 36%[42]. - The company employed 17 full-time employees and 3 consultants as of June 30, 2022, a slight decrease from 18 full-time employees and 4 part-time employees in the previous year[42]. Future Plans and Strategies - The company plans to launch a comprehensive entertainment park in Westwood in Q3 2022, integrating e-sports, STEAM education, and party elements to enhance the entertainment experience[44]. - The company is focused on expanding its logistics agency services and developing new customer bases geographically following the resumption of logistics services in Q4 2021[44]. - The company has entered into an agreement with a major freight forwarding group in China to purchase cargo from other airlines and shipping lines at Zhongshan Port and Shenzhen Port, expected to generate revenue starting in Q3 2022[44]. Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the first quarter ending June 30, 2022, and found them to comply with applicable accounting standards and regulations[58]. - The company has adopted a code of conduct regarding securities trading by directors, which complies with the GEM Listing Rules[55]. - There were no interests held by directors, management shareholders, or their associates in any business that constitutes or may constitute significant competition with the group during the three months ending June 30, 2022[54]. - The company has adopted a stock option plan to reward eligible employees, including directors, for their contributions to the company[45]. Financial Management - The company has adopted a conservative financial policy, maintaining all bank deposits in HKD to minimize foreign exchange risk[39]. - The company’s liquidity risk is managed through continuous credit assessments of its clients and close monitoring of its liquidity levels by the board[40]. - The company has not pledged any assets as collateral for bank financing as of June 30, 2022, consistent with the previous year[41]. - The company did not purchase, redeem, or sell any of its listed shares during the three months ending June 30, 2022[53].

Financial Performance - The group recorded revenue of approximately HKD 37,770,000 for the logistics services business for the fiscal year ending March 31, 2022, compared to zero in the previous year, marking a significant recovery [23]. - The IP automation and entertainment business generated revenue of approximately HKD 47,940,000 for the fiscal year ending March 31, 2022, a 567.69% increase from approximately HKD 7,180,000 in the previous year [24]. - The group reported a net loss attributable to owners of approximately HKD 4,970,000 for the fiscal year ending March 31, 2022, an improvement from a net loss of approximately HKD 8,150,000 in the previous year [24]. - The logistics services business contributed a profit of approximately HKD 3,200,000, while the marketing consulting services contributed approximately HKD 2,610,000 to the overall results [24]. - Total revenue for the fiscal year increased by approximately 567.69% to about HKD 47,940,000 from approximately HKD 7,180,000 in the previous year [35]. - The group recorded a net loss attributable to owners of approximately HKD 4,970,000 for the fiscal year, a reduction from a net loss of approximately HKD 8,150,000 in the previous year, primarily due to the recovery of logistics services and marketing consulting services [37]. - The company reported a loss before tax of HKD 3,945,000, an improvement from a loss of HKD 7,819,000 in the previous year, reflecting a reduction in losses by 49% [198]. - Total comprehensive loss for the year was HKD 5,603,000, down from HKD 8,119,000 in the previous year, marking a decrease of 31% [198]. - Basic and diluted loss per share from continuing operations was HKD 0.20, compared to HKD 0.32 in the previous year, showing an improvement of 38% [198]. Business Operations - The group temporarily suspended its dry bulk shipping and logistics services due to the uncertainties from the US-China trade war and the COVID-19 pandemic, but has since focused on restoring logistics services [22]. - The group has successfully resumed logistics services by signing marine freight agency contracts, facilitating the transportation of products for individual and corporate clients [22]. - The overall business environment remains challenging due to intense competition and regulatory pressures in the shipping industry [22]. - The group aims to continue expanding its IP automation and entertainment business while recovering logistics services [24]. - The management is focused on expanding the logistics service segment and has reached an agreement with a major freight forwarding group in China to purchase cargo from Zhongshan and Shenzhen ports, expected to generate revenue starting Q2 2022 [52]. - The group plans to launch a comprehensive entertainment park in Westwood in Q2 2022, incorporating e-sports, STEAM education, and party elements to enhance the entertainment experience [52]. - Mobile/pop-up amusement parks will be established in various shopping centers across Hong Kong to drive foot traffic and generate additional revenue [52]. Financial Position - As of March 31, 2022, the group had net current assets of approximately HKD 19,100,000, compared to approximately HKD 13,660,000 in the previous year, with cash and bank balances of approximately HKD 28,430,000 [38]. - The group’s current ratio as of March 31, 2022, was approximately 1.62, down from 1.88 in the previous year [38]. - The group has no significant investments or capital asset plans as of March 31, 2022 [44]. - The group has no mortgaged assets as of March 31, 2022, consistent with the previous year [49]. - As of March 31, 2022, the company's available reserves for cash and/or physical distribution were zero, with a share premium of approximately HKD 297.5 million and accumulated losses of approximately HKD 306.9 million [119]. - The company had no bank financing as of March 31, 2022, and received a total of approximately HKD 1.94 million in interest-free loans from shareholders, which is an increase from approximately HKD 1.02 million in the previous year [124]. - Current assets increased significantly to HKD 49,714 million in 2022, up from HKD 29,093 million in 2021, marking an increase of about 70.9% [200]. - Current liabilities increased to HKD 30,612 million in 2022 from HKD 15,438 million in 2021, representing a growth of approximately 98.3% [200]. - Total equity increased to HKD 20,579 million in 2022, up from HKD 16,102 million in 2021, representing a growth of approximately 27.9% [200]. Governance and Compliance - The board consists of 4 executive directors and 3 independent non-executive directors, with independent directors making up over one-third of the board [58]. - The board held a total of 10 meetings during the fiscal year, with all directors attending every meeting [62]. - The board is responsible for presenting a balanced and comprehensive assessment of the group's performance, condition, and prospects [85]. - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules, with all directors adhering to these regulations throughout the fiscal year [76]. - The audit committee conducted six meetings in the fiscal year, with all members present at each meeting [94]. - The audit committee's responsibilities included reviewing the financial reporting process, risk management, and internal control systems [94]. - The company has implemented various measures to reduce its carbon footprint, including double-sided printing as the default setting for most network printers [109]. - The company has established a comprehensive policy framework to protect assets from unauthorized use and ensure the reliability of financial information [105]. - The company has adopted an environmental, social, and governance (ESG) strategy and will publish an independent ESG report within three months of the annual report [152]. Shareholder Information - The company confirmed it maintains sufficient public float as required by GEM listing rules as of the report date [150]. - Major shareholders include Mr. Chen Yufeng with 251,462,500 shares (9.62%) and Mr. Lin Jinhong with 163,900,000 shares (6.27%) of ordinary shares as of March 31, 2022 [147]. - The largest customer accounted for 77.1% of sales, while the top five customers represented 99.2% of total sales for the fiscal year [121]. - The largest supplier contributed to 44.0% of purchases, and the top five suppliers accounted for 89.1% of total purchases during the fiscal year [121]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12% [127]. - New product launches are expected to contribute an additional HKD 200 million in revenue, with a focus on expanding the product line in the healthcare sector [128]. - Market expansion plans include entering two new regions in Asia, which are projected to increase market share by 5% [130]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the logistics sector [131]. - A new marketing strategy has been implemented, aiming to increase brand awareness and customer engagement by 30% over the next year [132]. - The board has approved a budget of HKD 100 million for infrastructure improvements to support operational efficiency [133]. - The company has established partnerships with local firms to enhance distribution channels, expected to improve sales by 15% in the upcoming year [134].

Financial Performance - For the nine months ended December 31, 2021, the group's unaudited revenue reached HKD 11,579,000, a decrease of approximately 101.8% compared to the same period in 2020[5] - The company reported a loss attributable to owners of approximately HKD 3,819,000 for the nine months ended December 31, 2021, compared to a loss of HKD 8,246,000 in the same period of 2020[5] - The basic and diluted loss per share for the nine months ended December 31, 2021, was approximately HKD 0.15, compared to HKD 0.28 for the same period in 2020[11] - For the three months ended December 31, 2021, the group recorded revenue of HKD 7,002,000, compared to HKD 1,989,000 for the same period in 2020[7] - The total loss for the three months ended December 31, 2021, was HKD 5,208,000, compared to a loss of HKD 164,000 in the same period of 2020[7] - The company reported a pre-tax loss from continuing operations of HKD 2,797,000 for the nine months ended December 31, 2021, compared to a loss of HKD 7,132,000 in the same period of 2020[7] - The total comprehensive income for the nine months ended December 31, 2021, was a loss of HKD 3,819,000, compared to a loss of HKD 8,246,000 for the same period in 2020, indicating a reduction of 54%[27] Revenue and Business Segments - The revenue from the IP automation and entertainment business for the nine months ended December 31, 2021, was HKD 10,880,000, up from HKD 5,737,000 in the previous year, indicating an increase of 90%[21] - The group recorded revenue of approximately HK$699,000 from dry bulk shipping and logistics agency services during the review period, compared to no revenue in 2020[37] - The IP automation and entertainment business generated revenue of approximately HK$10,880,000, an increase of about 89.6% from HK$5,737,000 in 2020[38] Expenses and Costs - Administrative and operating expenses for the nine months ended December 31, 2021, amounted to HKD 9,582,000, an increase from HKD 8,835,000 in the same period of 2020[7] - The financing costs for the nine months ended December 31, 2021, were HKD 167,000, down from HKD 266,000 in the same period of 2020[7] - The company incurred depreciation expenses of HKD 1,320,000 for the nine months ended December 31, 2021, compared to HKD 1,983,000 for the same period in 2020, a decrease of 33%[27] Shareholder Information - As of December 31, 2021, the company’s directors and key executives held a total of 636,952,500 shares, representing approximately 24.38% of the company's equity[56] - Major shareholders include Refulgent Sunrise Limited with 229,062,500 shares (8.77%) and Mr. Zhao Genlong with 200,000,000 shares (7.65%) as of December 31, 2021[59] - Ms. He Chaozhen holds 407,890,000 shares, accounting for 15.61% of the company, and has an additional controlled entity interest of 229,062,500 shares, representing 8.77%[54] Corporate Governance - The company has adopted a code of conduct for securities trading by directors, which is in line with GEM Listing Rules from sections 5.48 to 5.67, and all directors have complied with these regulations for the nine months ending December 31, 2021[65] - The company has adhered to the corporate governance code as per GEM Listing Rules Appendix 15, with the exception of the chairman's absence from the annual general meeting due to other important duties[66] - An audit committee was established on September 21, 2011, consisting of three independent non-executive directors, to review and supervise the financial reporting process and internal controls[68] Future Plans and Strategies - The group plans to utilize the estimated net proceeds of approximately HK$10,000,000 from the subscription of new shares for the development of logistics agency services and IP automation and entertainment business[47] - The group is seeking to diversify its entertainment business by providing brand management and marketing consulting services for cultural industry parks and shopping centers in China, Hong Kong, and Macau[48] - The group has successfully resumed logistics agency services and expanded brand management and marketing consulting services during the review period[42] Stock Options and Equity - The company has a conditional stock option plan that was adopted on September 21, 2011, and will last for ten years, with no further options to be granted after September 20, 2021[51] - The stock option plan's fair value per share at the grant date was HKD 0.68, with an exercise price of HKD 0.13027[52] - The company’s stock option plan remains effective for options granted during its active period, despite the plan's expiration[51] Dividend Policy - The company did not recommend the payment of any dividend for the nine months ended December 31, 2021[5] - The company does not recommend the payment of dividends for the nine months ended December 31, 2021[31] Financial Position - The total equity attributable to the owners of the company as of December 31, 2021, was HKD 303,271,000, an increase from HKD 299,565,000 as of December 31, 2020[13] - The company’s total assets as of December 31, 2021, were HKD 22,363,000, compared to HKD 24,221,000 as of December 31, 2020, reflecting a decrease of 8%[13] Compliance and Reporting - The unaudited condensed consolidated financial statements for the nine months ending December 31, 2021, have been reviewed by the audit committee and are deemed to comply with applicable accounting standards and regulations[68] - The company reported its third-quarter results for 2021, indicating ongoing financial performance and strategic direction[70]