股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 易通訊集團有限公司 呈交日期: 2025年11月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08031 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定/註冊股 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 易通訊集團有限公司 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08031 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定/註冊股本 ...

[GEM Listing Rules Features](index=3&type=section&id=GEM%20Listing%20Rules%20Features) The GEM market provides a listing platform for small and medium-sized companies, characterized by higher investment risks and potential market volatility - The GEM market is positioned to provide a listing platform for small and medium-sized companies, with **higher investment risks**, **greater potential market fluctuations**, and **no guarantee of high liquidity**[2](index=2&type=chunk) [Financial Summary](index=4&type=section&id=Financial%20Summary) The first half of 2025 saw a slight revenue decrease and a significant decline in profit attributable to owners, impacting earnings per share 2025 Half-Year Financial Summary (HK$ thousand) | Indicator | 2025 Half-Year (HK$ thousand) | 2024 Half-Year (HK$ thousand) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Total Revenue | 42,625 | 42,768 | -0.3% | | Profit Attributable to Owners of the Company | 976 | 2,825 | -65.5% | | Earnings Per Share (HK cents) | 0.33 | 0.96 | -65.7% | [Unaudited Condensed Consolidated Financial Statements](index=5&type=section&id=Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements, including income, position, equity changes, and cash flows [Condensed Consolidated Statement of Comprehensive Income](index=5&type=section&id=Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) For the six months ended June 30, 2025, revenue slightly decreased, while profit and earnings per share significantly declined due to reduced other income and increased employee benefits Key Data from Condensed Consolidated Statement of Comprehensive Income (HK$ thousand) | Indicator | 2025 Half-Year (HK$ thousand) | 2024 Half-Year (HK$ thousand) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 42,625 | 42,768 | -0.3% | | Other Income | 1,625 | 6,921 | -76.5% | | Employee Benefit Expenses | (37,974) | (35,360) | +7.4% | | Operating Profit | 1,037 | 3,014 | -65.6% | | Profit for the Period | 976 | 2,825 | -65.5% | | Basic and Diluted Earnings Per Share (HK cents) | 0.33 | 0.96 | -65.7% | [Condensed Consolidated Statement of Financial Position](index=6&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, non-current assets significantly decreased, current assets slightly increased due to term deposits, and current liabilities decreased, leading to a modest rise in net assets Key Data from Condensed Consolidated Statement of Financial Position (HK$ thousand) | Indicator | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Non-current Assets | 3,721 | 7,938 | -53.1% | | Current Assets | 71,952 | 71,614 | +0.5% | | Current Liabilities | 14,289 | 18,785 | -23.9% | | Net Assets | 61,370 | 60,394 | +1.6% | | Term Deposits | 33,000 | – | N/A | | Cash and Cash Equivalents | 19,553 | 49,523 | -60.5% | [Condensed Consolidated Statement of Changes in Equity](index=8&type=section&id=Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) For the six months ended June 30, 2025, total equity slightly increased due to profit for the period, while share capital and share premium remained unchanged Key Data from Condensed Consolidated Statement of Changes in Equity (HK$ thousand) | Indicator | June 30, 2025 (HK$ thousand) | December 31, 2024 (HK$ thousand) | Change (HK$ thousand) | | :--- | :--- | :--- | :--- | | Share Capital | 2,956 | 2,956 | 0 | | Share Premium | 3,488 | 3,488 | 0 | | Retained Profits | 29,302 | 28,326 | +976 | | Total Equity | 61,370 | 60,394 | +976 | [Condensed Consolidated Statement of Cash Flows](index=9&type=section&id=Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) For the six months ended June 30, 2025, net cash from operating activities significantly decreased, while cash outflows from investing and financing activities increased, resulting in a net decrease in cash and cash equivalents Key Data from Condensed Consolidated Statement of Cash Flows (HK$ thousand) | Indicator | 2025 Half-Year (HK$ thousand) | 2024 Half-Year (HK$ thousand) | Year-on-Year Change (HK$ thousand) | | :--- | :--- | :--- | :--- | | Net Cash Generated from Operating Activities | 3,874 | 8,278 | -4,404 | | Net Cash Used in Investing Activities | (32,678) | (23,259) | -9,419 | | Net Cash Used in Financing Activities | (1,166) | (134) | -1,032 | | Net Decrease in Cash, Cash Equivalents and Bank Overdrafts | (29,970) | (15,115) | -14,855 | | Cash, Cash Equivalents and Bank Overdrafts at End of Period | 19,553 | 11,472 | +8,081 | [Notes to Financial Information](index=10&type=section&id=Notes%20to%20Financial%20Information) This section provides detailed notes on the financial information, covering general company data, accounting policies, segment performance, and various financial accounts [1. General Information](index=10&type=section&id=1.%20General%20Information) The company was incorporated in the Cayman Islands on June 29, 2011, and listed on GEM of the Stock Exchange on January 9, 2012 - The company was **incorporated as an exempted company in the Cayman Islands on June 29, 2011**[11](index=11&type=chunk) - The company's shares have been **listed on GEM of the Stock Exchange since January 9, 2012**[11](index=11&type=chunk) [2. Basis of Preparation and Principal Accounting Policies](index=10&type=section&id=2.%20Basis%20of%20Preparation%20and%20Principal%20Accounting%20Policies) The unaudited condensed consolidated interim financial information is prepared in accordance with HKAS 34 and GEM Listing Rules, with consistent accounting policies and no significant impact from new standards - The unaudited condensed consolidated interim financial information is prepared in accordance with **Hong Kong Accounting Standard 34** issued by the Hong Kong Institute of Certified Public Accountants and the applicable disclosure requirements of the **GEM Listing Rules**[12](index=12&type=chunk) - The accounting policies and basis of preparation adopted are **consistent with those applied in the consolidated financial statements for the year ended December 31, 2024**[12](index=12&type=chunk) - The newly issued and revised Hong Kong Financial Reporting Standards have **no significant impact** on the preparation and presentation of the Group's current and prior period results and financial position[12](index=12&type=chunk) [3. Segment Information and Revenue](index=11&type=section&id=3.%20Segment%20Information%20and%20Revenue) The Group operates in outsourced customer contact services, manpower placement, equipment management, and other system-related services, with financial services terminated in late 2024 - Reportable operating segments include **outsourced inbound/outbound customer contact services**, **manpower placement services**, **customer contact centre equipment management services**, **financial services related to credit financing (terminated operations)**, and **others (system and software sales, license service fees, system maintenance fees, and human resources services)**[14](index=14&type=chunk) - Financial services related to credit financing **ceased operations on December 27, 2024**[14](index=14&type=chunk) 2025 Half-Year Segment Revenue and Results (HK$ thousand) | Segment | Revenue | Results | | :--- | :--- | :--- | | Outsourced Inbound Customer Contact Services | 6,506 | 527 | | Manpower Placement Services | 28,567 | 2,829 | | Customer Contact Centre Equipment Management Services | 1,542 | 278 | | Others | 6,010 | 1,450 | | **Total** | **42,625** | **5,084** | 2024 Half-Year Segment Revenue and Results (HK$ thousand) | Segment | Revenue | Results | | :--- | :--- | :--- | | Outsourced Inbound Customer Contact Services | 8,421 | 824 | | Manpower Placement Services | 26,768 | 1,494 | | Customer Contact Centre Equipment Management Services | 3,312 | 861 | | Financial Services | 12 | 6,182 | | Others | 4,255 | 976 | | **Total** | **42,768** | **10,337** | Reconciliation of Segment Results to Profit Before Tax (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | | :--- | :--- | :--- | | Segment Results of Reportable Segments | 5,084 | 10,337 | | Unallocated Other Income | 1,625 | 172 | | Unallocated Depreciation and Amortization | (652) | (318) | | Corporate and Other Unallocated Expenses | (4,952) | (7,066) | | **Profit Before Tax** | **976** | **3,002** | [4. Employee Benefit Expenses](index=14&type=section&id=4.%20Employee%20Benefit%20Expenses) Total employee benefit expenses, including directors' emoluments, increased for the six months ended June 30, 2025, compared to the prior period Employee Benefit Expenses (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | | :--- | :--- | :--- | | Salaries and Allowances | 36,762 | 34,258 | | Pension Costs – Defined Contribution Plans | 1,575 | 1,467 | | Total Employee Benefit Expenses | 38,337 | 35,725 | | Less: Capitalized Amount | (363) | (365) | | **Total** | **37,974** | **35,360** | [5. Profit Before Income Tax](index=15&type=section&id=5.%20Profit%20Before%20Income%20Tax) For the six months ended June 30, 2025, total depreciation and amortization significantly increased, while short-term lease-related expenses substantially decreased Items Deducted from Profit Before Tax (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | | :--- | :--- | :--- | | Depreciation of Property, Plant and Equipment | 214 | 231 | | Depreciation of Right-of-Use Assets | 1,144 | 140 | | Amortization of Intangible Assets | 404 | 468 | | **Total Depreciation and Amortization** | **1,762** | **839** | | Short-term Lease Related Expenses | 100 | 1,218 | | Research and Development Costs | 404 | 468 | [6. Income Tax Expense](index=15&type=section&id=6.%20Income%20Tax%20Expense) For the six months ended June 30, 2025, the company incurred no income tax expense, unlike the prior period which had current income tax expense Income Tax Expense (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | | :--- | :--- | :--- | | Current Income Tax | – | 177 | | Deferred Income Tax | – | – | | **Total** | **–** | **177** | - Hong Kong Profits Tax is provided at a rate of **16.5%**, with **no significant timing differences** in the first half of 2025, hence no deferred tax provision[23](index=23&type=chunk)[25](index=25&type=chunk) [7. Interim Dividend](index=16&type=section&id=7.%20Interim%20Dividend) The Board does not recommend paying any interim dividend for the six months ended June 30, 2025, consistent with the prior period - The Board does **not recommend the payment of any interim dividend** for the six months ended June 30, 2025 (2024: nil)[26](index=26&type=chunk) [8. Earnings Per Share](index=16&type=section&id=8.%20Earnings%20Per%20Share) Basic and diluted earnings per share for the six months ended June 30, 2025, were 0.33 HK cents, a significant decrease from 0.96 HK cents in the prior period, primarily due to reduced profit attributable to owners Earnings Per Share (HK cents) | Indicator | 2025 Half-Year | 2024 Half-Year | | :--- | :--- | :--- | | Basic and Diluted Earnings Per Share | 0.33 | 0.96 | - The decrease in earnings per share is primarily due to the **reduction in profit attributable to owners of the company from HK$2,825,000 to HK$976,000**, while the weighted average number of ordinary shares outstanding remained unchanged[27](index=27&type=chunk) [9. Financial Assets at Fair Value Through Profit or Loss](index=16&type=section&id=9.%20Financial%20Assets%20at%20Fair%20Value%20Through%20Profit%20or%20Loss) As of June 30, 2025, the company held no unlisted equity investments measured at fair value through profit or loss Financial Assets at Fair Value Through Profit or Loss (HK$ thousand) | Investment Description | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Unlisted Equity Investments | – | – | [10. Trade and Other Receivables](index=17&type=section&id=10.%20Trade%20and%20Other%20Receivables) As of June 30, 2025, net trade receivables increased, while other receivables, deposits, and prepayments significantly decreased, with a notable portion of trade receivables over 90 days Trade and Other Receivables (HK$ thousand) | Indicator | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Trade Receivables – Net | 12,369 | 8,354 | | Other Receivables, Deposits and Prepayments – Net | 6,667 | 12,706 | | **Total** | **19,036** | **21,060** | - The Group's average credit period for sales is **30 days**[30](index=30&type=chunk) Ageing Analysis of Trade Receivables (HK$ thousand) | Ageing | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | 0 to 30 days | 10,357 | 5,609 | | 31 to 60 days | 687 | 1,539 | | 61 to 90 days | 1,401 | 666 | | Over 90 days | 10,677 | 11,261 | | **Total** | **23,122** | **19,075** | [11. Cash and Cash Equivalents](index=18&type=section&id=11.%20Cash%20and%20Cash%20Equivalents) Cash and cash equivalents primarily consist of bank and cash balances held with reputable banks, earning interest at floating rates - Bank balances earn interest at **floating rates** based on daily bank deposit rates[31](index=31&type=chunk) - Cash and cash equivalents comprise **bank and cash balances** held with reputable banks that have no recent history of default[31](index=31&type=chunk) [12. Trade and Other Payables](index=18&type=section&id=12.%20Trade%20and%20Other%20Payables) As of June 30, 2025, total trade and other payables decreased compared to December 31, 2024 Trade and Other Payables (HK$ thousand) | Indicator | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Trade Payables | – | – | | Other Payables and Accruals | 10,767 | 14,480 | | **Total** | **10,767** | **14,480** | [13. Share Capital](index=19&type=section&id=13.%20Share%20Capital) As of June 30, 2025, the company's authorized and issued and fully paid share capital remained unchanged Share Capital Structure (HK$ thousand) | Indicator | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Authorized Share Capital (Number of Ordinary Shares) | 5,000,000,000 | 5,000,000,000 | | Authorized Share Capital (HK$ thousand) | 50,000 | 50,000 | | Issued and Fully Paid Share Capital (Number of Ordinary Shares) | 295,625,000 | 295,625,000 | | Issued and Fully Paid Share Capital (HK$ thousand) | 2,956 | 2,956 | [14. Related Party Transactions](index=19&type=section&id=14.%20Related%20Party%20Transactions) For the six months ended June 30, 2025, there were no related party transactions for property lease expenses, but key management personnel compensation increased Related Party Transactions (HK$ thousand) | Related Party Name | Nature of Transaction | 2025 Half-Year | 2024 Half-Year | | :--- | :--- | :--- | :--- | | Star Yue Development Limited | Property Lease Expenses | – | 436 | | Fook Wu Investment Limited | Property Lease Expenses | – | 61 | Key Management Personnel Compensation (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | | :--- | :--- | :--- | | Salaries and Short-term Employee Benefits | 305 | 240 | | Post-employment Benefits | 3 | 3 | | **Total** | **308** | **243** | [15. Contingent Liabilities](index=20&type=section&id=15.%20Contingent%20Liabilities) As of June 30, 2025, the Group had no contingent liabilities - As of June 30, 2025, the Group had **no contingent liabilities**[39](index=39&type=chunk) [16. Approval of Unaudited Condensed Consolidated Interim Financial Information](index=20&type=section&id=16.%20Approval%20of%20Unaudited%20Condensed%20Consolidated%20Interim%20Financial%20Information) The unaudited condensed consolidated interim financial information was approved by the Board of Directors on August 7, 2025 - The unaudited condensed consolidated interim financial information was **approved by the Board of Directors on August 7, 2025**[40](index=40&type=chunk) [Management Discussion and Analysis](index=21&type=section&id=Management%20Discussion%20and%20Analysis) This section provides an overview of the Group's business operations, financial performance, and future outlook, including strategic initiatives and challenges [Business Review and Prospects](index=21&type=section&id=Business%20Review%20and%20Prospects) The Group provides multimedia customer contact services and system solutions, facing challenges from rising labor costs and macroeconomic uncertainties, while actively integrating AI technology - The Group is primarily engaged in the business of providing **comprehensive multimedia customer contact centre services and system solutions**[42](index=42&type=chunk) - While the Hong Kong economy shows robust growth, **ongoing geopolitical tensions and unpredictable international trade policies challenge macroeconomic conditions**[42](index=42&type=chunk) - The local labor market faces challenges in recruiting customer contact centre staff, leading to **increased wages and initial recruitment costs**, impacting profit margins[42](index=42&type=chunk) - Management has placed **greater emphasis on talent retention programs** aimed at retaining experienced employees to help reduce employment costs[42](index=42&type=chunk) - The Group is collaborating closely with several local AI companies to **integrate AI technology into customer contact centre systems and services** to achieve fully automated customer service and enhance operational efficiency and productivity[43](index=43&type=chunk) - Management holds a **cautiously optimistic outlook** for the Group's financial performance in 2025, expecting innovative developments, particularly AI integration, to bring new momentum to the business[44](index=44&type=chunk) [Interests in an Associate](index=22&type=section&id=Interests%20in%20an%20Associate) The Group holds approximately 40% equity in Yuanzheng Group Limited, an associate providing asset tokenization consulting services, with a carrying value of approximately HK$203,000 - The Group holds **1,000,000 shares in Yuanzheng Group Limited**, representing approximately **40% of its issued share capital**, with a carrying value of approximately **HK$203,000**[45](index=45&type=chunk)[46](index=46&type=chunk) - Yuanzheng Group Limited is an unlisted company that provides **consulting services in asset tokenization** through professional process management services[45](index=45&type=chunk) [Financial Assets at Fair Value Through Profit or Loss](index=22&type=section&id=Financial%20Assets%20at%20Fair%20Value%20Through%20Profit%20or%20Loss%20%28Business%20Review%29) The Group holds an 18% equity interest in Cloudgo Limited, which had no carrying value as of June 30, 2025, reflecting impairment losses recognized in 2020 - The Group acquired a total of **2,470 shares in Cloudgo Limited in 2019**, representing approximately **18% of its total issued share capital**[47](index=47&type=chunk) - As of June 30, 2025, the Group's shares in Cloudgo had **no carrying value**, reflecting the **impairment loss on FAFVTPL investments recognized in 2020**[47](index=47&type=chunk) [Use of Proceeds from Issue of Convertible Bonds under General Mandate](index=23&type=section&id=Use%20of%20Proceeds%20from%20Issue%20of%20Convertible%20Bonds%20under%20General%20Mandate) As of June 30, 2025, the Group had fully utilized the net proceeds from convertible bonds for expanding financial services and general working capital Use of Net Proceeds from Convertible Bonds (HK$ thousand) | Purpose | Intended Use | Actual Use as of June 30, 2025 | Unutilized Balance as of June 30, 2025 | | :--- | :--- | :--- | :--- | | Expansion of Financial Services Business | 6,200 | 6,200 | – | | General Working Capital | 5,017 | 5,017 | – | | **Total** | **11,217** | **11,217** | **–** | - As of June 30, 2025, the Group had **fully utilized the unutilized net proceeds** according to the allocation method stated in the announcement[49](index=49&type=chunk) [Financial Review](index=23&type=section&id=Financial%20Review) The Group's total revenue slightly decreased in the first half of 2025, with a significant contraction in gross profit margin and a substantial reduction in profit attributable to owners 2025 Half-Year Financial Review Key Data (HK$) | Indicator | 2025 Half-Year (HK$) | 2024 Half-Year (HK$) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Unaudited Total Revenue | 42,600,000 | 42,800,000 | -0.5% | | Gross Profit Margin | 11.9% | 24.2% | -12.3 percentage points | | Profit Attributable to Owners of the Company | 1,000,000 | 2,800,000 | -64.3% | [Revenue and Segment Results](index=24&type=section&id=Revenue%20and%20Segment%20Results) Segment performance varied, with outsourced inbound and equipment management services declining, while manpower placement and other services (Weisi-related) showed growth [Outsourced Inbound Customer Contact Services](index=24&type=section&id=Outsourced%20Inbound%20Customer%20Contact%20Services) Revenue and segment results for outsourced inbound customer contact services decreased, with a narrower gross profit margin, primarily due to fewer customer sales orders Performance of Outsourced Inbound Customer Contact Services (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 6,500 | 8,400 | -22.6% | | Segment Results | 500 | 800 | -37.5% | | Gross Profit Margin | 8.1% | 9.8% | -1.7 percentage points | - The decrease in revenue was primarily due to a **reduction in customer sales orders** during the period[52](index=52&type=chunk) [Manpower Placement Services](index=24&type=section&id=Manpower%20Placement%20Services) Manpower placement services saw growth in both revenue and segment results, with a significantly improved gross profit margin, driven by increased customer demand and reduced expected credit losses Performance of Manpower Placement Services (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 28,600 | 26,800 | +6.7% | | Segment Results | 2,800 | 1,500 | +86.7% | | Gross Profit Margin | 9.9% | 5.6% | +4.3 percentage points | - The increase in revenue was primarily due to **growing customer demand for manpower placement services** during the period[53](index=53&type=chunk) - The rise in gross profit margin was mainly attributable to a **reduction in expected credit losses**[53](index=53&type=chunk) [Customer Contact Centre Equipment Management Services](index=25&type=section&id=Customer%20Contact%20Centre%20Equipment%20Management%20Services) Revenue and segment results for customer contact centre equipment management services significantly declined, with a narrower gross profit margin, mainly due to reduced customer service demand Performance of Customer Contact Centre Equipment Management Services (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 1,500 | 3,300 | -53.4% | | Segment Results | 300 | 900 | -66.7% | | Gross Profit Margin | 18% | 26% | -8 percentage points | - The decrease in revenue was primarily due to **reduced customer demand for services**[55](index=55&type=chunk) [Others](index=25&type=section&id=Others) The "Others" segment, primarily Weisi-related customer contact centre system services, experienced growth in both revenue and gross profit, reflecting increased market demand Performance of Other Segment (Weisi-related Services) (HK$ thousand) | Indicator | 2025 Half-Year | 2024 Half-Year | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 6,000 | 4,300 | +39.5% | | Gross Profit | 1,500 | 1,000 | +50.0% | - The increase in gross profit was primarily due to **increased demand for Weisi-related other services**[56](index=56&type=chunk) [Other Income](index=25&type=section&id=Other%20Income) Other income significantly decreased, primarily due to a reduction in the reversal of expected credit loss allowance for financial assets Other Income (HK$) | Indicator | 2025 Half-Year | 2024 Half-Year | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Other Income | 1,600,000 | 6,900,000 | -76.8% | - The significant decrease in other income was due to a **reduction in the reversal of expected credit loss allowance for financial assets**[57](index=57&type=chunk) [Other Operating Expenses](index=26&type=section&id=Other%20Operating%20Expenses) Other operating expenses include expected credit losses, auditor's remuneration, insurance, legal and professional fees, short-term lease expenses, and various administrative costs - Other operating expenses primarily include **expected credit losses, auditor's remuneration, insurance, legal and professional expenses, expenses related to short-term leases and rates, repairs and maintenance, subcontracting expenses, telephone expenses, travel, entertainment, and utilities expenses**[58](index=58&type=chunk) [Profit Attributable to Owners of the Company](index=26&type=section&id=Profit%20Attributable%20to%20Owners%20of%20the%20Company) Profit attributable to owners of the company significantly decreased, mainly due to a reduction in the reversal of expected credit loss allowance for financial assets Profit Attributable to Owners of the Company (HK$) | Indicator | 2025 Half-Year | 2024 Half-Year | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Profit Attributable to Owners of the Company | 1,000,000 | 2,800,000 | -64.3% | - The decrease in profit was primarily due to a **reduction in the reversal of expected credit loss allowance for financial assets**[59](index=59&type=chunk) [Corporate Governance and Other Information](index=26&type=section&id=Corporate%20Governance%20and%20Other%20Information) This section details the company's adherence to corporate governance standards, directors' conduct, shareholdings, and other relevant disclosures [Corporate Governance](index=26&type=section&id=Corporate%20Governance) The company complied with all code provisions of the Corporate Governance Code in Appendix C1 of the GEM Listing Rules throughout the reporting period - For the entire period of the six months ended June 30, 2025, the company has **complied with all code provisions** set out in the Corporate Governance Code in Appendix C1 of the GEM Listing Rules[60](index=60&type=chunk) [Code of Conduct for Securities Transactions by Directors](index=26&type=section&id=Code%20of%20Conduct%20for%20Securities%20Transactions%20by%20Directors) The company adopted a code of conduct for directors' securities transactions, no less exacting than GEM Listing Rules, and all directors confirmed compliance - The company has adopted a **code of conduct for securities transactions by directors** on terms no less exacting than the required standard of dealings set out in Rules 5.48 to 5.67 of the GEM Listing Rules[61](index=61&type=chunk) - Following enquiry, all directors and former directors confirmed that they have **complied with the required standard of dealings** for securities transactions for the six months ended June 30, 2025[61](index=61&type=chunk) [Directors' Rights to Acquire Shares](index=27&type=section&id=Directors%27%20Rights%20to%20Acquire%20Shares) Except for the share option scheme, neither the company nor its associated corporations engaged in arrangements allowing directors to acquire shares or debentures during the period - Save for the share option scheme, at no time during the six months ended June 30, 2025, was the company or any of its associated corporations a party to any arrangement to enable the directors to **acquire benefits by means of the acquisition of shares or debentures** of the company or any other body corporate[62](index=62&type=chunk) [Share Option Scheme](index=27&type=section&id=Share%20Option%20Scheme) For the six months ended June 30, 2025, no share options were granted, exercised, lapsed, or cancelled under the 2021 share option scheme - For the six months ended June 30, 2025, **no share options were granted, exercised, lapsed, or cancelled** under the share option scheme conditionally adopted by the shareholders of the company on May 4, 2021, and which became unconditional on May 6, 2021[63](index=63&type=chunk) [Directors' Interests in Competing Business](index=27&type=section&id=Directors%27%20Interests%20in%20Competing%20Business) To the best of the directors' knowledge, no director or substantial shareholder had any interest in businesses competing with the Group or any other conflicts of interest during the reporting period - To the best knowledge of the directors, for the six months ended June 30, 2025, **no director or substantial shareholder/controlling shareholder of the company had any interest in a business that competes or is likely to compete with the Group's business**, nor any other conflicts of interest with the Group[64](index=64&type=chunk) [Directors' and Chief Executive's Interests and/or Short Positions in Shares, Underlying Shares and Debentures of the Company and/or its Associated Corporations](index=28&type=section&id=Directors%27%20and%20Chief%20Executive%27s%20Interests%20and%2For%20Short%20Positions%20in%20Shares%2C%20Underlying%20Shares%20and%20Debentures%20of%20the%20Company%20and%2For%20its%20Associated%20Corporations) As of June 30, 2025, Executive Director and CEO Mr. Tang Yiu Sing held a 71.04% interest in the company's shares through Man Shing Ta Enterprises Limited, as part of the late Mr. Tang Shing Bor's will Directors' and Chief Executive's Long Positions in Shares of the Company | Name of Director/Chief Executive | Capacity | Nature of Interest | Number of Shares/Underlying Shares Held | Percentage of the Company's Issued Share Capital | | :--- | :--- | :--- | :--- | :--- | | Tang Yiu Sing | Executor or Administrator of the Will of the late Mr. Tang Shing Bor | Corporate Interest | 210,000,000 | 71.04% | - These interests are held by **Man Shing Ta Enterprises Limited** and form part of the **will of the late Mr. Tang Shing Bor**[65](index=65&type=chunk) [Substantial Shareholders' Interests and/or Short Positions in Shares and/or Underlying Shares of the Company](index=29&type=section&id=Substantial%20Shareholders%27%20Interests%20and%2For%20Short%20Positions%20in%20Shares%20and%2For%20Underlying%20Shares%20of%20the%20Company) As of June 30, 2025, Mr. Tang Yiu Sing, as co-executor of the late Mr. Tang Shing Bor's will, held a 71.04% interest in the company's shares through Man Shing Ta Enterprises Limited Substantial Shareholders' Long Positions in Shares of the Company | Name of Director/Chief Executive | Capacity | Nature of Interest | Number of Shares/Underlying Shares Held | Percentage of the Company's Issued Share Capital | | :--- | :--- | :--- | :--- | :--- | | Tang Yiu Sing | Co-executor of the Will of the late Mr. Tang Shing Bor | Corporate Interest | 210,000,000 | 71.04% | - These interests are held by **Man Shing Ta Enterprises Limited** and form part of the **will of the late Mr. Tang Shing Bor**[67](index=67&type=chunk) [Audit Committee](index=30&type=section&id=Audit%20Committee) The Audit Committee reviewed the Group's unaudited interim results for the six months ended June 30, 2025, confirming compliance with accounting principles and disclosure requirements - The Audit Committee has **reviewed the Group's unaudited interim results** for the six months ended June 30, 2025[69](index=69&type=chunk) - The Committee is of the opinion that the Group's accounting policies are in **compliance with Hong Kong Financial Reporting Standards, the Stock Exchange's requirements, and legal provisions**, and that **adequate disclosures have been made**[69](index=69&type=chunk) [Pre-emptive Rights](index=30&type=section&id=Pre-emptive%20Rights) Neither the company's articles of association nor Cayman Islands law contains pre-emptive rights provisions requiring pro-rata new share offerings to existing shareholders - There are **no pre-emptive rights provisions** in the company's articles of association or the laws of the Cayman Islands that would require the company to offer new shares pro-rata to existing shareholders[70](index=70&type=chunk) [Purchase, Sale or Redemption of the Company's Listed Securities](index=30&type=section&id=Purchase%2C%20Sale%20or%20Redemption%20of%20the%20Company%27s%20Listed%20Securities) For the six months ended June 30, 2025, neither the company nor its subsidiaries purchased, sold, or redeemed any of its listed securities - For the six months ended June 30, 2025, the company **did not redeem any of its listed securities**, and neither the company nor any of its subsidiaries **purchased or sold any of the company's listed securities**[71](index=71&type=chunk) [By Order of the Board](index=30&type=section&id=By%20Order%20of%20the%20Board) This report was approved by the Board of Directors on August 7, 2025, and signed by Executive Director and CEO Mr. Tang Yiu Sing - This report was **signed and issued by Mr. Tang Yiu Sing, Executive Director and Chief Executive Officer, on behalf of the Board of Directors on August 7, 2025**[71](index=71&type=chunk) - This report has been **published on the Stock Exchange's website** (www.hkexnews.hk) and the **company's website** (www.etsgroup.com.hk)[71](index=71&type=chunk)

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: 易通訊集團有限公司 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08031 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 295,625,000 | | 0 | | 295,625,000 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 295,625,000 | | 0 | | 295,625,000 | 第 2 頁 共 10 頁 v 1.1.1 | 1. 股份分類 | 普通股 | 股份類別 | ...

Core Viewpoint - Easy Communications Group (08031) reported a total revenue of approximately HKD 42.625 million for the mid-year of 2025, reflecting a year-on-year decrease of about 0.3% [1] - The profit attributable to the company's owners was approximately HKD 976,000, representing a year-on-year decline of about 65.5% [1] - Earnings per share were approximately HKD 0.033 [1] Financial Performance - Total revenue for the period was approximately HKD 42.625 million, down 0.3% compared to the previous year [1] - Profit attributable to owners decreased to approximately HKD 976,000, a significant drop of 65.5% year-on-year [1] - Earnings per share stood at approximately HKD 0.033 [1] Reasons for Performance - The decrease in profit was primarily attributed to a reduction in expected credit loss provisions for recovered financial assets [1]

[Performance Highlights](index=2&type=section&id=%E6%A5%AD%E7%B8%BE%E6%91%98%E8%A6%81) [Performance Highlights](index=2&type=section&id=Performance%20Highlights) For the six months ended June 30, 2025, the Group's total revenue was approximately HK$42.63 million, a slight year-on-year decrease of 0.3%, with profit attributable to owners at HK$0.976 million, down 65.5%, and EPS at HK$0.0033 Performance Highlights for the Six Months Ended June 30, 2025 | Metric | For the six months ended June 30, 2025 | For the six months ended June 30, 2024 | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Total Revenue | Approx. HK$42,625,000 | Approx. HK$42,768,000 | -0.3% | | Profit Attributable to Owners of the Company | Approx. HK$976,000 | Approx. HK$2,825,000 | -65.5% | | Earnings Per Share | Approx. HK$0.0033 | Approx. HK$0.0096 | -65.6% | [Consolidated Financial Statements](index=3&type=section&id=Consolidated%20Financial%20Statements) [Condensed Consolidated Statement of Comprehensive Income](index=3&type=section&id=Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) During the reporting period, Group revenue was HK$42.625 million, largely flat year-on-year, but profit before tax decreased from HK$3.002 million to HK$0.976 million due to significantly lower other income and increased expenses Condensed Consolidated Statement of Comprehensive Income Summary (HK$'000) | Item | 2025 H1 (Unaudited) | 2024 H1 (Unaudited) | | :--- | :--- | :--- | | Revenue | 42,625 | 42,768 | | Other Income | 1,625 | 6,921 | | Employee Benefit Expenses | (37,974) | (35,360) | | Depreciation and Amortization | (1,762) | (839) | | Other Operating Expenses | (3,348) | (10,353) | | Operating Profit | 1,037 | 3,014 | | Profit Before Tax | 976 | 3,002 | | Profit for the Period | 976 | 2,825 | [Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, total assets were HK$75.673 million, total liabilities HK$14.303 million, and net assets HK$61.37 million, a slight increase from HK$60.394 million at year-end 2024, with a significant decrease in cash and cash equivalents offset by new fixed deposits Consolidated Statement of Financial Position Summary (HK$'000) | Item | As at June 30, 2025 (Unaudited) | As at December 31, 2024 (Audited) | | :--- | :--- | :--- | | **Non-current Assets** | **3,721** | **7,938** | | **Current Assets** | **71,952** | **71,614** | | Of which: Cash and Cash Equivalents | 19,553 | 49,523 | | Of which: Fixed Deposits | 33,000 | – | | **Current Liabilities** | **14,289** | **18,785** | | **Non-current Liabilities** | **14** | **373** | | **Net Assets** | **61,370** | **60,394** | | **Total Equity** | **61,370** | **60,394** | [Condensed Consolidated Statement of Changes in Equity](index=6&type=section&id=Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) As of June 30, 2025, total equity attributable to owners of the Company was HK$61.37 million, primarily increasing due to the HK$0.976 million profit recorded during the period - As of June 30, 2025, total equity was **HK$61,370 thousand**, an increase of **HK$976 thousand** from **HK$60,394 thousand** at the beginning of the period, primarily driven by profit for the period[10](index=10&type=chunk) [Condensed Consolidated Statement of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) During the reporting period, net cash generated from operating activities significantly decreased to HK$3.874 million, with net cash outflow from investing activities at HK$32.678 million, mainly for fixed deposits, resulting in cash and cash equivalents decreasing to HK$19.553 million at period-end Condensed Consolidated Statement of Cash Flows Summary (HK$'000) | Item | 2025 H1 (Unaudited) | 2024 H1 (Unaudited) | | :--- | :--- | :--- | | Net Cash Generated from Operating Activities | 3,874 | 8,278 | | Net Cash Used in Investing Activities | (32,678) | (23,259) | | Net Cash Used in Financing Activities | (1,166) | (134) | | **Net Decrease in Cash** | **(29,970)** | **(15,115)** | | Cash at Beginning of Period | 49,523 | 26,587 | | **Cash at End of Period** | **19,553** | **11,472** | [Notes to Financial Information](index=8&type=section&id=Notes%20to%20Financial%20Information) [Segment Information and Revenue](index=8&type=section&id=Segment%20Information%20and%20Revenue) The Group's business segments include outsourced inbound/outbound customer contact, staff secondment, equipment management, and other services, with staff secondment being the largest revenue source at 67% of total revenue; financial services ceased in late 2024, and overall segment results significantly decreased to HK$5.084 million - The Group's reportable operating segments include outsourced inbound/outbound customer contact services, staff secondment services, customer contact service center equipment management services, and other services; financial services related to credit financing ceased operations on December 27, 2024[16](index=16&type=chunk) Segment Revenue and Results (HK$'000) | Segment | 2025 H1 Revenue | 2024 H1 Revenue | 2025 H1 Results | 2024 H1 Results | | :--- | :--- | :--- | :--- | :--- | | Outsourced Inbound Customer Contact Services | 6,506 | 8,421 | 527 | 824 | | Staff Secondment Services | 28,567 | 26,768 | 2,829 | 1,494 | | Equipment Management Services | 1,542 | 3,312 | 278 | 861 | | Financial Services (Terminated) | – | 12 | – | 6,182 | | Others | 6,010 | 4,255 | 1,450 | 976 | | **Total** | **42,625** | **42,768** | **5,084** | **10,337** | [Interim Dividend](index=11&type=section&id=Interim%20Dividend) The Board does not recommend paying any interim dividend for the six months ended June 30, 2025, consistent with the prior year - The Board does not recommend the payment of any interim dividend for the six months ended June 30, 2025 (2024: nil)[23](index=23&type=chunk) [Earnings Per Share](index=11&type=section&id=Earnings%20Per%20Share) Basic earnings per share for the six months ended June 30, 2025, was HK$0.0033, calculated based on HK$0.976 million profit and 295,625,000 weighted average ordinary shares, with diluted EPS equal to basic EPS due to no potential dilutive ordinary shares Earnings Per Share Calculation | Item | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | | Profit Attributable to Owners of the Company | HK$976,000 | HK$2,825,000 | | Weighted Average Number of Ordinary Shares in Issue | 295,625,000 Shares | 295,625,000 Shares | | **Basic and Diluted Earnings Per Share** | **HK$0.0033** | **HK$0.0096** | [Management Discussion and Analysis](index=15&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review and Outlook](index=15&type=section&id=Business%20Review%20and%20Outlook) Despite export-driven growth in Hong Kong's economy, geopolitical tensions foster a cautious business environment, while a tight labor market increases recruitment costs and wages, pressuring profit margins; the Group is focusing on system solutions and AI integration into customer contact centers, with management cautiously optimistic for 2025, expecting AI to drive new business momentum - The macroeconomic environment remains challenging due to geopolitical influences, leading to a cautious local business sentiment[36](index=36&type=chunk) - The tight local labor market has led to increased wages and recruitment costs, impacting profit margins; management has strengthened talent retention programs to mitigate these costs[37](index=37&type=chunk) - The Group is focused on developing system solution businesses and collaborating with local AI companies to integrate AI technologies, such as chatbots and voice bots, into customer contact service center systems to enhance operational efficiency[38](index=38&type=chunk) - Management maintains a cautiously optimistic outlook for the 2025 financial performance, anticipating that the integration of AI technology will bring new momentum to the business[39](index=39&type=chunk) [Financial Review](index=17&type=section&id=Financial%20Review) During the reporting period, total Group revenue slightly decreased to HK$42.6 million, gross profit margin significantly dropped from 24.2% to 11.9%, and profit attributable to owners decreased from HK$2.8 million to HK$1 million, primarily due to a substantial decline in other income from reduced expected credit loss provisions on recovered financial assets Financial Performance Overview | Metric | 2025 H1 | 2024 H1 | | :--- | :--- | :--- | | Total Revenue | Approx. HK$42.6 million | Approx. HK$42.8 million | | Gross Profit Margin | Approx. 11.9% | Approx. 24.2% | | Profit Attributable to Owners of the Company | Approx. HK$1 million | Approx. HK$2.8 million | - The decrease in profit is primarily due to a significant decline in other income, resulting from reduced expected credit loss provisions on recovered financial assets[51](index=51&type=chunk)[53](index=53&type=chunk) [Segment Performance Analysis](index=18&type=section&id=Segment%20Performance%20Analysis) During the reporting period, staff secondment services revenue grew by 6.7%, becoming the primary growth driver, while outsourced inbound services and equipment management services revenues decreased by 22.6% and 53.4% respectively, with other services (mainly system-related) showing significant revenue growth - Outsourced inbound customer contact services revenue decreased by **22.6%** to **HK$6.5 million** due to reduced customer sales orders[45](index=45&type=chunk) - Staff secondment services revenue increased by **6.7%** to **HK$28.6 million** due to increased customer demand, with gross profit margin rising from **5.6%** to **9.9%** due to reduced expected credit losses[46](index=46&type=chunk) - Customer contact service center equipment management services revenue significantly decreased by **53.4%** to **HK$1.5 million** due to reduced customer service demand[47](index=47&type=chunk) - Other services (Weis related services) revenue increased to **HK$6 million** (compared to HK$4.3 million in the prior period) due to increased demand for system-related services[50](index=50&type=chunk) - Financial services business was sold and ceased operations on December 27, 2024[49](index=49&type=chunk) [Corporate Governance and Other Disclosures](index=20&type=section&id=Corporate%20Governance%20and%20Other%20Disclosures) [Corporate Governance](index=20&type=section&id=Corporate%20Governance) The Company complied with all Corporate Governance Code provisions in Appendix C1 of the GEM Listing Rules during the reporting period, having adopted and confirmed compliance with a code of conduct for directors' securities transactions - For the entire six-month period ended June 30, 2025, the Company complied with all code provisions set out in the Corporate Governance Code in Appendix C1 to the GEM Listing Rules[54](index=54&type=chunk) [Directors' and Major Shareholders' Interests](index=21&type=section&id=Directors%27%20and%20Major%20Shareholders%27%20Interests) As of June 30, 2025, Mr. Tang Yiu Sing, as executor or administrator of the late Mr. Tang Shing Bor's will, held 210,000,000 shares, representing 71.04% of the issued share capital, through Mastermind Enterprises Limited Major Shareholders' Shareholding | Shareholder Name/Capacity | Nature of Interest | Number of Shares Held | Percentage of Issued Share Capital | | :--- | :--- | :--- | :--- | | Tang Yiu Sing (Executor or Administrator of the Will of the late Tang Shing Bor) | Corporate Interest | 210,000,000 | 71.04% | [Audit Committee](index=22&type=section&id=Audit%20Committee) The Audit Committee has reviewed the Group's unaudited interim results for the six months ended June 30, 2025, confirming compliance with accounting policies and adequate disclosure - The Audit Committee has reviewed the Group's unaudited interim results and is of the opinion that the accounting policies comply with Hong Kong Generally Accepted Accounting Principles, the Stock Exchange, and legal requirements, with adequate disclosure made[62](index=62&type=chunk)

致：香港交易及結算所有限公司 公司名稱: 易通訊集團有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08031 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | 本月底法定/註冊股本總額： HKD 50,000,000 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截 ...

[Supplemental Announcement: Explanation on Use of Proceeds from Convertible Bonds](index=1&type=section&id=Supplemental%20Announcement%20Regarding%20the%20Company%27s%20Annual%20Report%20for%20the%20Year%20Ended%20December%2031%2C%202024) This supplemental announcement details the re-allocation and full utilization of unutilized net proceeds from convertible bonds [Background and Purpose of the Announcement](index=1&type=section&id=Background%20and%20Purpose%20of%20the%20Announcement) This announcement supplements the 2024 annual report, detailing the use of unutilized convertible bond proceeds as per GEM Listing Rule 18.32A - This announcement supplements the company's 2024 annual report, providing additional information on the use of convertible bond proceeds[2](index=2&type=chunk) - The company is required by GEM Listing Rules to disclose the detailed use of approximately **HKD 5,000,000** in unutilized net proceeds[2](index=2&type=chunk) [Change in Use and Utilization of Convertible Bond Proceeds](index=2&type=section&id=Use%20of%20Proceeds%20from%20Convertible%20Bonds%20Issued%20Under%20Specific%20Mandate) The board resolved to reallocate and fully utilize approximately HKD 5.017 million in unutilized convertible bond proceeds for general working capital - The Board resolved to change the use of unutilized net proceeds from 'financial services business expansion' to 'general working capital' because the original expansion plan was no longer applicable after the completion of the relevant disposal[3](index=3&type=chunk) Utilization of Net Proceeds from Convertible Bonds (As of December 31, 2024) | Purpose Category | Intended Use Amount (thousand HKD) | Unutilized Balance as of End of 2023 (thousand HKD) | Actual Amount Used in 2024 (thousand HKD) | Unutilized Balance as of End of 2024 (thousand HKD) | | :--- | :--- | :--- | :--- | :--- | | Financial Services Business Expansion | 6,200 | 5,017 | – | – | | General Working Capital | 5,017 (Revised) | – | 5,017 | – | | **Total** | | **5,017** | **5,017** | **–** | - As of December 31, 2024, the Group had fully utilized all unutilized net proceeds according to the revised allocation plan[4](index=4&type=chunk)

Financial Performance - The company recorded revenue of approximately HKD 80.7 million for the fiscal year ending December 31, 2024, achieving a profit of HKD 17.5 million, compared to a loss of HKD 7.9 million in 2023[10]. - Total revenue increased by approximately HKD 3,600,000, from approximately HKD 77,100,000 for the year ended December 31, 2023, to approximately HKD 80,700,000 for the year ended December 31, 2024[34]. - The group recorded a net other income of approximately HKD 13,500,000 for the year ended December 31, 2024, compared to a loss of HKD 2,200,000 for the year ended December 31, 2023[44]. - The group’s attributable profit increased from a loss of approximately HKD 7,900,000 for the year ended December 31, 2023, to a profit of approximately HKD 17,500,000 for the year ended December 31, 2024, mainly due to credit loss reversals and financial impacts from the sale of subsidiaries[46]. - The expected credit loss reversal for the year was approximately HKD 8,800,000, compared to HKD 3,800,000 for the previous year[33]. Business Strategy - The company aims to focus on its core contact center business while seeking opportunities for partnerships to expand its business depth and breadth[11]. - The company emphasized the importance of strategic partnerships in artificial intelligence to enhance service efficiency and value for customers[10]. - The company decided to sell its lending business for HKD 11 million on December 20, 2024, in response to a weak local property market and high bankruptcy applications[11]. - The company completed the strategic decision to divest its lending business, Gear Credit Limited, generating approximately HKD 3,644,000 in proceeds[15]. - The company is investing in advanced technologies and collaborating with local AI firms to integrate AI capabilities into its contact center solutions[26]. Market Conditions - The local unemployment rate remained at 3.1%, indicating a strong and active labor market throughout the period[13]. - The company continues to face upward pressure on recruitment costs and employee wages due to a tight labor market[13]. - The company remains cautiously optimistic about the growth potential of its personnel dispatch services, anticipating a low unemployment rate and a tight labor market[25]. - The company experienced a slight revenue growth despite a challenging business environment, with the local GDP growing by approximately 2.5% during 2024[13]. Revenue Breakdown - Revenue from outsourced inbound customer contact services increased from approximately HKD 14,479,000 to approximately HKD 16,174,000, representing a growth of about 11.7%[35]. - Revenue from personnel dispatch services rose from approximately HKD 49,574,000 to approximately HKD 52,638,000, reflecting an increase of about 6.2%[36]. - Revenue from customer contact center and equipment management services decreased from approximately HKD 9,400,000 for the year ended December 31, 2023, to approximately HKD 5,200,000 for the year ended December 31, 2024, primarily due to reduced demand[37]. - Revenue from system and software licensing and sales increased to approximately HKD 4,500,000 for the year ended December 31, 2024, compared to approximately HKD 1,500,000 for the year ended December 31, 2023[38]. Corporate Governance - The company has maintained compliance with all corporate governance codes as of December 31, 2024[59]. - The board currently consists of one executive director and three independent non-executive directors, which does not meet the minimum requirement of three independent directors as per GEM listing rules[61]. - The company has established a nomination committee to review the board's structure and recommend suitable candidates for vacancies[73]. - The board is responsible for ensuring financial statements are prepared in accordance with legal requirements and applicable accounting standards[87]. - The board is committed to maintaining independence, with all independent non-executive directors confirming their independence status[64]. Environmental, Social, and Governance (ESG) - The company has established measurable goals for environmental, social, and governance (ESG) areas, including greenhouse gas emissions, energy and water consumption, and waste management[115]. - The company is committed to integrating sustainability into business decisions and practices, focusing on energy conservation, waste reduction, and recycling initiatives[115]. - The total greenhouse gas emissions decreased by approximately 11.4% from about 160.72 tons CO2e in 2023 to approximately 142.39 tons CO2e in 2024 due to more effective fuel and energy-saving measures[138]. - The company has implemented an environmental policy to encourage responsible use of resources and reduce waste[141]. - The group aims to maintain zero incidents of corruption and fraud across all business operations, with zero incidents reported in 2023[125]. Employee Management - The average employee turnover rate for the year ending December 31, 2024, is 7.6%, down from 10.6% in 2023[168]. - The company has a total of 258 employees as of 2023, with a gender distribution of 42% male (109) and 58% female (149)[168]. - The company maintains a comprehensive performance management system to identify promotion opportunities and assess employee contributions[163]. - A variety of employee benefits are provided, including annual leave, medical coverage, and professional development opportunities[163]. - The organization conducted workplace safety training, enhancing emergency response skills among employees[170]. Compliance and Risk Management - The company has implemented a comprehensive data protection framework, achieving ISO 27001 certification since 2011, and adheres strictly to the Personal Data (Privacy) Ordinance in Hong Kong[187]. - The company has not reported any significant violations of health and safety regulations during the reporting period, with one workplace injury recorded in 2024 compared to one in 2023[175]. - The company has established a systematic approach to monitor emerging climate-related policies to ensure compliance and reduce associated risks[157]. - The company has implemented measures to mitigate climate-related risks, including flexible work arrangements and business continuity plans to ensure operational resilience[156]. - The group has established a comprehensive anti-corruption policy, with strict adherence to the Prevention of Bribery Ordinance[191].

Financial Performance - For the fiscal year ending December 31, 2024, the group reported revenue from continuing operations of approximately HKD 80,726,000, an increase of about 4.7% compared to HKD 77,132,000 in 2023[5] - The profit attributable to the owners of the company for the fiscal year was approximately HKD 17,509,000, a significant increase of about 321% from a loss of HKD 7,922,000 in the previous year[5] - Earnings per share for the fiscal year was HKD 5.9, compared to a loss per share of HKD 2.8 in 2023[5] - The group recorded a net other income of HKD 13,457,000 in 2024, compared to a net loss of HKD 2,151,000 in 2023[7] - The pre-tax profit for 2024 was reported at 9,264 thousand HKD, a significant increase from 928 thousand HKD in 2023[27] - The company recorded a profit attributable to owners of approximately HKD 17,500,000 for the year ended December 31, 2024, compared to a loss of HKD 7,900,000 for the year ended December 31, 2023[68] - Total revenue increased by approximately HKD 3,600,000, from HKD 77,100,000 for the year ended December 31, 2023 to HKD 80,700,000 for the year ended December 31, 2024[69] Assets and Liabilities - The total assets less current liabilities as of December 31, 2024, amounted to HKD 60,767,000, up from HKD 43,155,000 in 2023[9] - The net asset value attributable to the owners of the company increased to HKD 60,394,000 in 2024 from HKD 42,885,000 in 2023[11] - The group’s cash and cash equivalents increased to HKD 49,523,000 in 2024, compared to HKD 26,587,000 in 2023[9] - The group’s total liabilities increased to HKD 18,785,000 in 2024 from HKD 12,362,000 in 2023[9] - The company’s total liabilities amounted to HKD 9,029,000, with the highest liabilities in outsourced inbound customer contact services at HKD 1,762,000[24] - The total liabilities for 2024 were reported at 19,158 thousand HKD, an increase from 12,632 thousand HKD in 2023, reflecting a growth of approximately 51.9%[30] Revenue Breakdown - For the year ended December 31, 2024, the total revenue from continuing operations was HKD 80,726,000, with the largest contribution from outsourced inbound customer contact services at HKD 16,174,000[24] - Revenue from outsourced inbound customer contact services increased from approximately HKD 14,500,000 for the year ended December 31, 2023, to approximately HKD 16,200,000 for the year ending December 31, 2024[71] - Revenue from personnel dispatch services rose from approximately HKD 49,600,000 for the year ended December 31, 2023, to approximately HKD 52,600,000 for the year ending December 31, 2024, driven by increased demand[72] - Revenue from customer contact service center and equipment management services decreased from approximately HKD 9,400,000 for the year ended December 31, 2023, to approximately HKD 5,200,000 for the year ending December 31, 2024, due to reduced demand[73] - The revenue from personnel dispatch services accounted for 65.2% of total revenue, amounting to HKD 52,638,000 for the year ended December 31, 2024, compared to 64.3% or HKD 49,574,000 for the previous year[69] Expenses - Employee benefit expenses rose to HKD 77,972,000 in 2024 from HKD 65,488,000 in 2023[7] - Depreciation and amortization expenses for the group totaled HKD 2,532,000, with the highest expense in outsourced outbound customer contact services at HKD 889,000[24] - The company’s depreciation and amortization expenses for 2024 totaled 3,341 thousand HKD, up from 2,098 thousand HKD in 2023, representing an increase of approximately 59.2%[36] - Employee benefits expenses increased from approximately HKD 65,000,000 for the year ended December 31, 2023, to approximately HKD 78,000,000 for the year ending December 31, 2024, due to hiring more employees[82] Dividends - The board of directors does not recommend the payment of a final dividend for the fiscal year ending December 31, 2024, compared to no dividend in 2023[5] - The company does not recommend the payment of a final dividend for the year ending December 31, 2024[61] Business Operations - The group ceased its financial services operations following the sale of Gear Credit Limited on December 27, 2024, which impacted the overall business operations[20] - The company’s main business operations include comprehensive multimedia customer contact services, customer contact center systems, personnel dispatch, and financial services[1] - The company strategically sold its lending business, generating approximately HKD 3,644,000 in revenue, aligning with its long-term strategy to streamline operations[47] Market Conditions - The company recorded a slight increase in annual revenue despite a challenging business environment, with Hong Kong's economy growing by approximately 2.5%[44] - The local unemployment rate remained stable at 3.1%, reflecting a strong labor market throughout the period[45] - The company remains cautiously optimistic about the growth potential of personnel dispatch services, particularly due to the anticipated low unemployment rate and a tight labor market[58] - The company acknowledges the challenges posed by geopolitical tensions and fluctuating trade policies, which impact local industries such as logistics, retail, and finance[57] Governance and Compliance - The company has complied with all corporate governance codes as of December 31, 2024[95] - The board of directors has adopted a code of conduct for securities trading, confirming compliance as of December 31, 2024[96] - The audit committee has reviewed the consolidated financial results for the year ending December 31, 2024[92] - The auditor confirmed that the figures in the preliminary announcement are consistent with the audited financial statements for the year[93] Management and Leadership - The executive director and CEO is Mr. Tang Yiu Sing, with independent non-executive directors including Mr. Wong Kam Tai, Ms. Kwong Yuk Ying, and Ms. Tsang Lai Mei[98]