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8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: 俊盟國際控股有限公司 呈交日期: 2025年9月3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) | 08062 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 780,000,000 | HKD | | 0.01 | HKD | | 7,800,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 780,000,000 | HKD | | 0.01 | HKD | | 7,800,000 | 本月底法定/註冊股本總額： HK ...

EFT Solutions Holdings Limited 俊盟國際控股有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會 就 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 （於開曼群島註冊成立的有限公司） （股份代號：8062） 於2025年8月8日舉行之 股東週年大會投票結果 董 事 會 欣 然 宣 佈，該 通 告 所 載 的 所 有 提 呈 決 議 案 已 於2025年8月8日舉行的 股 東 週 年 大 會 上 經 股 東 以 投 票 表 決 方 式 正 式 通 過。 股東週年大會投票結果 本公司之香港股份過戶登記分處卓佳證券登記有限公司於股東週年大會上擔 任 點 票 工 作 之 監 票 員。 本 公 司 全 體 董 事 均 親 身 或 以 電 子 方 式 出 席 了 股 東 週 年 大 會。 有 關 提 呈 決 議 案 全 文，諘 參 閱 該 通 告。 – 1 – 於 股 東 週 年 大 會 上 各 項 提 呈 決 議 案 ...

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7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: 俊盟國際控股有限公司 呈交日期: 2025年8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) | 08062 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 780,000,000 | HKD | | 0.01 | HKD | | 7,800,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 780,000,000 | HKD | | 0.01 | HKD | | 7,800,000 | 本月底法定/註冊股本總額： HK ...

[Financial Summary](index=5&type=section&id=Financial%20Summary) The company's financial performance for the year and its financial position at year-end are summarized, showing key metrics and changes Annual Financial Performance Summary | Metric | 2025 (Million HKD) | 2024 (Million HKD) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Revenue** | 94.4 | 127.7 | (26.1)% | | **Gross Profit** | 38.5 | 62.2 | (38.1)% | | **Operating Profit** | 11.3 | 37.8 | (70.1)% | | **Profit for the Year** | 5.6 | 31.6 | (82.3)% | | **Profit attributable to owners of the Company** | 5.6 | 31.2 | (82.1)% | | **Basic Earnings Per Share (HK cents)** | 1.17 | 6.51 | (82.0)% | Financial Position Summary | Metric | As at March 31, 2025 (Million HKD) | As at March 31, 2024 (Million HKD) | Change | | :--- | :--- | :--- | :--- | | **Total Assets** | 148.5 | 157.5 | (5.7)% | | **Net Current Assets** | 102.6 | 112.3 | (8.6)% | | **Total Equity** | 133.4 | 142.5 | (6.4)% | [Chairman's Statement](index=6&type=section&id=Chairman's%20Statement) The Chairman's Statement reviews the group's operational achievements and strategic initiatives for future growth and market expansion [Business Review](index=6&type=section&id=Business%20Review) This year, the Group strengthened its position as an electronic payment terminal solution provider, expanding international cooperation and technological innovation while ensuring payment data security, notably acquiring a 16.7% stake in Bonum LLC and developing new payment technologies - Successful acquisition of a **16.7% stake in Bonum LLC** in Mongolia, developing electronic payment terminal equipment and software technology for Hong Kong and Mongolian central banks, and introducing the Mongolian T Card payment system to Hong Kong[10](index=10&type=chunk) - Development of the "Hub+" solution to manage multiple payment options through a single terminal in collaboration with payment service providers, addressing changes in the retail environment[11](index=11&type=chunk) - Adoption of a Software-as-a-Service (SaaS) model to provide comprehensive software solutions to clients, reducing their equipment and R&D costs and enhancing operational efficiency[11](index=11&type=chunk) [Future Outlook](index=7&type=section&id=Future%20Outlook) Looking ahead, the Group will focus on key Asia-Pacific markets, leverage AI for service efficiency, expand into Taiwan via a new MOU, and continue to enhance ESG practices including paperless operations - Future business will primarily focus on the Asia-Pacific region, including markets in Malaysia, Thailand, Taiwan, and Vietnam[12](index=12&type=chunk) - Plans to utilize artificial intelligence for suggested coding to answer questions faster and more accurately, enhancing service efficiency[12](index=12&type=chunk) - Signed a Memorandum of Understanding with Lian Tian Technology Co., Ltd. in Taiwan, planning to expand local business operations[13](index=13&type=chunk) - Continuous improvement in corporate governance and ESG practices, having achieved electronic and paperless operations for the entire order-to-installation process through CRM system optimization[13](index=13&type=chunk) [Management Discussion and Analysis](index=9&type=section&id=Management%20Discussion%20and%20Analysis) This section provides an in-depth analysis of the Group's operational performance, financial results, liquidity, and strategic investments for the reporting period [Business Review and Outlook](index=9&type=section&id=Business%20Review%20and%20Outlook) The Group continues to focus on electronic payment terminal sales and related services in Hong Kong and overseas, identifying growth opportunities in digital payment markets to expand market share and solidify its industry position - The Group's core businesses include the sale of electronic payment terminals and peripheral equipment, as well as providing system support, software solutions, and embedded system solutions services[17](index=17&type=chunk) - Growing demand in the digital payment market (QR code payments, Faster Payment System, e-wallets) presents future growth opportunities for the Group[18](index=18&type=chunk) [Financial Review](index=10&type=section&id=Financial%20Review) For the year ended March 31, 2025, the Group's financial performance significantly declined, with total revenue decreasing by 26.1% to HKD 94.4 million and profit for the year falling by 82.3% to HKD 5.6 million, primarily due to reduced sales, lower gross profit, and increased impairment losses FY2025 Key Financial Indicators | Metric | FY2025 (Million HKD) | FY2024 (Million HKD) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Revenue** | 94.4 | 127.7 | (26.1)% | | **Gross Profit** | 38.5 | 62.2 | (38.1)% | | **Gross Profit Margin** | 40.8% | 48.7% | (16.2)% | | **Profit for the Year** | 5.6 | 31.6 | (82.3)% | - Revenue decline primarily due to: - **40.5% decrease** in sales of electronic payment terminals and peripheral equipment to **HKD 23.8 million**[21](index=21&type=chunk) - **19.6% decrease** in system support and software solution services revenue to **HKD 70.5 million**[21](index=21&type=chunk) - Gross profit decline mainly attributed to reduced profit margins from terminal sales and software solution services due to economic downturn and increased market competition[25](index=25&type=chunk) - Goodwill impairment loss of approximately **HKD 3.6 million** recognized for E-Pay Technology Services (Macau) Limited due to its declining business performance[30](index=30&type=chunk) [Financial Position, Liquidity and Financial Resources](index=11&type=section&id=Financial%20Position%2C%20Liquidity%20and%20Financial%20Resources) The Group maintains a prudent cash and financial management policy, demonstrating a sound financial position with HKD 102.6 million in net current assets and HKD 84.8 million in cash as of March 31, 2025, with no pledged assets or bank borrowings Liquidity Indicators (As at Fiscal Year-End) | Metric | March 31, 2025 (Million HKD) | March 31, 2024 (Million HKD) | | :--- | :--- | :--- | | **Net Current Assets** | 102.6 | 112.3 | | **Cash and Bank Balances** | 84.8 | 62.5 | - As at March 31, 2025, the Group had no pledged assets or bank borrowings[33](index=33&type=chunk)[36](index=36&type=chunk) [Significant Investments](index=12&type=section&id=Significant%20Investments) On June 21, 2024, the Group agreed to acquire a 16.7% stake in Mongolian payment service company Bonum LLC for USD 1 million, completed on December 31, 2024, to enter the Mongolian payment market - Acquired **16.7% of the issued share capital** of Mongolian payment service company Bonum LLC for **USD 1 million**, with the transaction completed on December 31, 2024[39](index=39&type=chunk) [Biographical Details of Directors and Senior Management](index=13&type=section&id=Biographical%20Details%20of%20Directors%20and%20Senior%20Management) This section provides an overview of the professional backgrounds and experience of the Group's directors and senior management team [Profile of Directors and Senior Management](index=13&type=section&id=Profile%20of%20Directors%20and%20Senior%20Management) The Group is led by an experienced board and senior management team, including Chairman and CEO Mr. Lo Chun Kit with over 26 years in electronic payments, and senior executives with extensive expertise across various operational functions - Chairman and Chief Executive Officer Mr. Lo Chun Kit, a co-founder of the Group, possesses over **26 years of experience** in the electronic payment solutions industry[42](index=42&type=chunk) - The senior management team is stable and highly experienced, with Operations Director Mr. Lee Ka Ming, Information Director Mr. Chan Wai To, Financial Director Mr. Li Man Ho, and Senior Manager of Procurement and Logistics Mr. Cheung Chun Bong, all having over **14 years of professional experience** in their respective fields[46](index=46&type=chunk)[47](index=47&type=chunk)[48](index=48&type=chunk)[49](index=49&type=chunk) [Corporate Governance Report](index=16&type=section&id=Corporate%20Governance%20Report) This report details the Group's adherence to corporate governance principles, including board structure, internal controls, and shareholder rights [Corporate Governance Practices](index=16&type=section&id=Corporate%20Governance%20Practices) The company strives for high corporate governance, largely complying with GEM Listing Rules, with a noted deviation where the Chairman and CEO roles are combined, and a temporary non-compliance regarding independent non-executive directors due to a resignation, which has since been rectified - The company deviates from Code Provision C.2.1 of the Corporate Governance Code, as the roles of Chairman and Chief Executive Officer are combined and held by Mr. Lo Chun Kit, an arrangement the Board believes enhances leadership stability and consistency[51](index=51&type=chunk) - Due to the passing of Independent Non-executive Director Dr. Wu Wing Kuen on February 17, 2025, the company temporarily did not comply with GEM Listing Rules regarding the number of independent non-executive directors and the composition of the Audit, Remuneration, and Nomination Committees, but compliance was restored with the appointment of Ms. Cheng Wai Sin on May 16, 2025[51](index=51&type=chunk) - The Board has established Audit, Remuneration, and Nomination Committees with written terms of reference, and each committee held meetings and fulfilled its primary responsibilities during the year, including reviewing financial statements, remuneration policies, and board composition[58](index=58&type=chunk)[62](index=62&type=chunk)[65](index=65&type=chunk) [Internal Control and Shareholders' Rights](index=25&type=section&id=Internal%20Control%20and%20Shareholders'%20Rights) The Board oversees internal controls and risk management, with external consultants reviewing the system annually, while the company safeguards shareholder rights through general meetings, inquiry channels, and established procedures for director nominations - The Group has not yet established an internal audit function but has engaged external consultant Allbright International Consulting Limited to review its internal control system annually, with this year's review concluding the system is effective and adequate[81](index=81&type=chunk) - The company has established clear measures to protect shareholder rights, including procedures for shareholders to convene an extraordinary general meeting (requiring a request from shareholders holding not less than one-tenth of the paid-up capital) and procedures for nominating individuals to stand for election as directors[82](index=82&type=chunk)[83](index=83&type=chunk) [Directors' Report](index=28&type=section&id=Directors'%20Report) This report provides an overview of the Group's financial results, dividend proposals, key business relationships, and significant events affecting the company [Results and Dividends](index=28&type=section&id=Results%20and%20Dividends) The Group's annual results are presented in the financial statements, with the Board proposing a final dividend of 1.0 HK cents per share, subject to approval at the Annual General Meeting on August 8, 2025 Dividend Distribution | Item | Details | | :--- | :--- | | **Proposed Final Dividend** | 1.0 HK cents per share | | **Final Dividend for Prior Year** | 2.0 HK cents per share | | **Annual General Meeting Date** | August 8, 2025 | | **Expected Payment Date** | August 28, 2025 | [Major Customers and Suppliers](index=30&type=section&id=Major%20Customers%20and%20Suppliers) This year, the Group experienced high customer and supplier concentration, with the largest customer accounting for 15.9% of total revenue and the top five suppliers representing 84.2% of total procurement costs - The top five customers accounted for **48.1% of total revenue** (2024: 49.0%)[109](index=109&type=chunk) - The top five suppliers accounted for **84.2% of the total cost of goods and services** (2024: 83.8%)[109](index=109&type=chunk) [Directors' and Major Shareholders' Interests](index=33&type=section&id=Directors'%20and%20Major%20Shareholders'%20Interests) As of March 31, 2025, Chairman Mr. Lo Chun Kit, through his controlled entity LCK Group Limited and personal beneficial ownership, held approximately 74.25% of the company's shares, with LCK Group Limited being the major shareholder Shareholding of Directors and Major Shareholders (As at March 31, 2025) | Name/Entity | Capacity | Total Equity Interest in Ordinary Shares | Percentage of Total Issued Shares | | :--- | :--- | :--- | :--- | | **Mr. Lo Chun Kit** | Controlled Corporation Interest and Beneficial Owner | 356,420,000 | 74.25% | | **Ms. Lam Ching Man** | Spouse's Interest | 356,420,000 | 74.25% | | **LCK Group Limited** | Beneficial Owner | 350,640,000 | 73.05% | [Continuing Connected Transactions](index=35&type=section&id=Continuing%20Connected%20Transactions) The Group engaged in several continuing connected transactions this year, primarily involving property leases from the controlling shareholder and business dealings with E-Pay Asia Limited, all reviewed and confirmed by independent non-executive directors to be on normal commercial terms and within annual caps - Key continuing connected transactions include property leases from controlling shareholder Mr. Lo and his associates, and business dealings with E-Pay Asia Limited, in which Mr. Lo holds a 90% interest[132](index=132&type=chunk) Continuing Connected Transactions with E-Pay Asia (FY2025) | Transaction Type | Annual Cap (HKD) | Actual Amount (HKD) | | :--- | :--- | :--- | | **Sales of electronic payment terminals and provision of system support services** | 25,000,000 | 15,165,000 | | **Business referral fees** | 2,500,000 | 1,441,000 | - Independent non-executive directors and the company's auditor have reviewed these transactions, confirming they were approved by the Board, conducted on agreed terms, and did not exceed the annual caps[136](index=136&type=chunk)[138](index=138&type=chunk) [Events After Reporting Period](index=41&type=section&id=Events%20After%20Reporting%20Period) Post-reporting period, the Group entered a non-binding MOU on April 16, 2025, for a potential acquisition of shares in Taiwan's Lian Tian Technology Co., Ltd., and appointed Ms. Cheng Wai Sin as an independent non-executive director on May 16, 2025 - On April 16, 2025, a non-legally binding Memorandum of Understanding was entered into regarding the proposed acquisition of certain equity interest in Lian Tian Technology Co., Ltd. in Taiwan[153](index=153&type=chunk) - On May 16, 2025, Ms. Cheng Wai Sin was appointed as an independent non-executive director, a member of the Audit Committee, Remuneration Committee, and Nomination Committee[153](index=153&type=chunk) [Environmental, Social and Governance Report](index=42&type=section&id=Environmental%2C%20Social%20and%20Governance%20Report) This report details the Group's commitment and performance across environmental, social, and governance aspects, including talent management, supply chain, and environmental protection [Workplace (Talent Management and Health and Safety)](index=45&type=section&id=Workplace%20%28Talent%20Management%20and%20Health%20and%20Safety%29) The Group prioritizes its 81 employees, fostering an ideal work environment with competitive compensation, emphasizing equal opportunity, providing comprehensive training averaging 6 hours per employee, and maintaining a strong safety record with no work-related injuries this year Employee Profile (As at March 31, 2025) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | **Total Employees** | 81 | 78 | | **Monthly Turnover Rate (Hong Kong)** | 0.68% | 0.71% | Employee Training Hours (FY2025) | Employee Category | Number of Employees Trained | Average Training Hours (Hours) | | :--- | :--- | :--- | | **Male** | 60 | 6 | | **Female** | 21 | 6 | | **Senior Management** | 9 | 6 | | **Middle Management** | 13 | 6 | | **General and Technical Staff** | 59 | 6 | - For the year ended March 31, 2025, the Group reported no work-related injuries or lost workdays due to work injuries[186](index=186&type=chunk) [Supply Chain Management, Product Responsibility and Anti-Corruption](index=49&type=section&id=Supply%20Chain%20Management%2C%20Product%20Responsibility%20and%20Anti-Corruption) The Group sources globally from reputable manufacturers, considering ethical and environmental factors, ensures product safety through rigorous testing and certifications, protects customer data and intellectual property, and maintains a strict anti-corruption policy with no related legal cases this year - Suppliers primarily originate from Hong Kong, Mainland China, Taiwan, and Singapore, with the Group considering their business ethics, environmental practices, human rights, and labor practices during selection[187](index=187&type=chunk)[188](index=188&type=chunk) - All electronic payment terminal software complies with acquirer's electronic payment standard acceptance certifications and is Payment Card Industry Data Security Standard (PCI DSS) certified[190](index=190&type=chunk) - The Group has established an Anti-Bribery Policy and whistleblowing policy, providing anti-bribery and anti-corruption training to all directors and employees, with no corruption-related legal proceedings during the reporting period[197](index=197&type=chunk)[198](index=198&type=chunk)[199](index=199&type=chunk) [Environmental Protection](index=52&type=section&id=Environmental%20Protection) The Group is committed to reducing its environmental impact, setting 2030 sustainability goals including a 25% reduction in GHG emission intensity and 10% in electricity consumption, and actively promoting paperless operations, resulting in a decrease in per capita paper consumption this year 2030 Environmental Targets and Progress | Category | 2030 Target (Compared to 2025 Baseline) | Latest Progress | | :--- | :--- | :--- | | **Carbon Emissions** | Reduce greenhouse gas emission intensity per building area by 25% | 2025 target achieved | | **Resource Consumption** | Reduce electricity consumption per building area by 10% | 2025 target achieved | | **Resource Consumption** | Reduce water consumption per building area by 5% | 2025 target achieved | | **Resource Consumption** | Reduce paper consumption per employee by 10% | In progress | Greenhouse Gas Emissions (Tonnes CO2e) | Scope | 2025 | 2024 | 2023 | | :--- | :--- | :--- | :--- | | **Scope 1 (Direct)** | 0.94 | 1.30 | 2.99 | | **Scope 2 (Indirect)** | 71.16 | 66.51 | 67.63 | | **Scope 3 (Other Indirect)** | 20.88 | – | 5.54 | | **Total Emissions** | 92.98 | 67.81 | 76.16 | - Per capita paper consumption decreased from **6.54 kg/person in 2024** to **5.86 kg/person in 2025**[219](index=219&type=chunk) [Independent Auditor's Report](index=67&type=section&id=Independent%20Auditor's%20Report) This report presents the auditor's opinion on the consolidated financial statements and highlights key audit matters, including impairment assessments [Audit Opinion and Key Audit Matters](index=67&type=section&id=Audit%20Opinion%20and%20Key%20Audit%20Matters) KPMG issued an unmodified opinion on the Group's consolidated financial statements for the year ended March 31, 2025, with key audit matters focusing on the impairment assessment of trade receivables and goodwill attributable to E-Pay Technology Services (Macau) Limited - KPMG issued an **unmodified opinion** on the consolidated financial statements[237](index=237&type=chunk) - Key Audit Matter One: Assessment of impairment of trade receivables, involving significant management judgment, particularly in estimating loss rates; as of March 31, 2025, total trade receivables were **HKD 30,739,000**, with an expected credit loss provision of **HKD 4,220,000**[239](index=239&type=chunk)[240](index=240&type=chunk) - Key Audit Matter Two: Impairment assessment of goodwill attributable to E-Pay Technology Services (Macau) Limited, involving significant management judgment in determining recoverable amounts; as of March 31, 2025, an impairment loss of **HKD 3,563,000** was recognized for this goodwill portion[239](index=239&type=chunk)[242](index=242&type=chunk) [Consolidated Financial Statements and Notes](index=73&type=section&id=Consolidated%20Financial%20Statements%20and%20Notes) This section presents the Group's detailed consolidated financial statements, including the statement of profit or loss, financial position, cash flows, and explanatory notes [Consolidated Statement of Profit or Loss](index=73&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss) For the year ended March 31, 2025, the Group reported revenue of HKD 94.4 million, a 26.1% decrease, with profit for the year significantly declining by 82.3% to HKD 5.6 million due to reduced gross profit and goodwill impairment Consolidated Statement of Profit or Loss Summary | Item (HKD '000) | 2025 | 2024 | | :--- | :--- | :--- | | **Revenue** | 94,353 | 127,749 | | **Gross Profit** | 38,491 | 62,226 | | **Operating Profit** | 11,302 | 37,770 | | **Goodwill Impairment Loss** | (3,563) | – | | **Profit Before Tax** | 7,457 | 37,731 | | **Profit for the Year** | 5,563 | 31,576 | | **Profit attributable to owners of the Company** | 5,610 | 31,231 | [Consolidated Statement of Financial Position](index=75&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of March 31, 2025, the Group's total assets decreased by 5.7% to HKD 148.5 million, with a slight increase in non-current assets offset by a significant reduction in current assets due to lower trade receivables, resulting in a 6.4% decrease in total equity Consolidated Statement of Financial Position Summary | Item (HKD '000) | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | **Non-current Assets** | 30,829 | 30,219 | | **Current Assets** | 117,696 | 127,235 | | **Total Assets** | 148,525 | 157,454 | | **Current Liabilities** | 15,119 | 14,969 | | **Net Assets/Total Equity** | 133,406 | 142,485 | | **Total Equity attributable to owners of the Company** | 132,352 | 141,335 | [Consolidated Statement of Cash Flows](index=79&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) For the year ended March 31, 2025, the Group's cash and cash equivalents increased by HKD 22.5 million, driven by HKD 40.2 million net cash from operating activities, offset by net cash outflows from investing and financing activities Consolidated Statement of Cash Flows Summary | Item (HKD '000) | 2025 | 2024 | | :--- | :--- | :--- | | **Net cash generated from operating activities** | 40,226 | 6,459 | | **Net cash used in investing activities** | (3,336) | (2,502) | | **Net cash used in financing activities** | (14,427) | (14,559) | | **Net increase/(decrease) in cash and cash equivalents** | 22,463 | (10,602) | | **Cash and cash equivalents at end of period** | 84,800 | 62,525 | [Notes to the Consolidated Financial Statements (Selected)](index=81&type=section&id=Notes%20to%20the%20Consolidated%20Financial%20Statements%20%28Selected%29) The notes detail accounting policies and specific financial items, showing revenue primarily from hardware sales and software services, a decrease in trade receivables but an increase in credit loss provisions, and the acquisition of a 16.7% equity interest in Bonum LLC Segment Revenue (HKD '000) | Segment | 2025 | 2024 | | :--- | :--- | :--- | | **Sales of hardware equipment** | 23,821 | 40,044 | | **System support and software solution services** | 70,532 | 87,705 | | **Total** | 94,353 | 127,749 | Revenue by Geographical Location (HKD '000) | Region | 2025 | 2024 | | :--- | :--- | :--- | | **Hong Kong** | 78,716 | 111,067 | | **Australia** | 6,153 | 7,070 | | **Macau** | 4,259 | 6,564 | | **Other** | 5,225 | 3,048 | | **Total** | 94,353 | 127,749 | - On December 31, 2024, the Group completed the acquisition of a **16.7% equity interest in Bonum LLC**, with the total consideration including cash, software, and hardware, and this investment was recognized as an interest in an associate[392](index=392&type=chunk) [Financial Summary](index=141&type=section&id=Financial%20Summary) This section provides a five-year overview of the Group's key financial performance indicators, including revenue, profit, assets, and liabilities Five-Year Performance Summary (For the Year Ended March 31) | Item (HKD '000) | 2025 | 2024 | 2023 | 2022 | 2021 | | :--- | :--- | :--- | :--- | :--- | :--- | | **Revenue** | 94,353 | 127,749 | 111,347 | 103,735 | 103,967 | | **Profit Before Tax** | 7,457 | 37,731 | 23,330 | 13,375 | 29,216 | | **Profit for the Year** | 5,563 | 31,576 | 19,616 | 10,694 | 26,749 | Five-Year Assets and Liabilities Summary (As at March 31) | Item (HKD '000) | 2025 | 2024 | 2023 | 2022 | 2021 | | :--- | :--- | :--- | :--- | :--- | :--- | | **Total Assets** | 148,525 | 157,454 | 145,303 | 151,847 | 128,264 | | **Total Liabilities** | (15,119) | (14,969) | (20,350) | (31,511) | (13,812) | | **Net Assets** | 133,406 | 142,485 | 124,953 | 120,336 | 114,452 |

Annual Results Announcement [Financial Statements](index=2&type=section&id=%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8) For the year ended March 31, 2025, the Group reported significant declines in revenue and profit, with total revenue down 26.1% to HKD 94.35 million and profit for the year decreasing 82.4% to HKD 5.56 million, while cash and cash equivalents increased [Consolidated Statement of Profit or Loss](index=2&type=section&id=%E7%B6%9C%E5%90%88%E6%90%8D%E7%9B%8A%E8%A1%A8) For FY2025, the Group's revenue decreased by 26.1% to HKD 94.35 million, gross profit fell 38.1% to HKD 38.49 million, and profit for the year sharply declined 82.4% to HKD 5.56 million, significantly impacted by a goodwill impairment loss Consolidated Statement of Profit or Loss Summary | Metric | 2025 (HKD Thousands) | 2024 (HKD Thousands) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Revenue | 94,353 | 127,749 | -26.1% | | Gross Profit | 38,491 | 62,226 | -38.1% | | Operating Profit | 11,302 | 37,770 | -70.1% | | Profit Before Tax | 7,457 | 37,731 | -80.2% | | Profit for the Year | 5,563 | 31,576 | -82.4% | | Profit Attributable to Equity Holders of the Company | 5,610 | 31,231 | -82.0% | | Basic and Diluted Earnings Per Share (HK cents) | 1.17 | 6.51 | -82.0% | - A goodwill impairment loss of **HKD 3.563 million** was recognized this year, significantly impacting operating profit, compared to no such loss in the prior year[4](index=4&type=chunk) [Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=3&type=section&id=%E7%B6%9C%E5%90%88%E6%90%8D%E7%9B%8A%E5%8F%8A%E5%85%B6%E4%BB%96%E5%85%A8%E9%9D%A2%E6%94%B6%E5%85%A5%E8%A1%A8) For FY2025, total comprehensive income for the year significantly decreased to HKD 5.32 million, primarily due to a foreign exchange difference loss of HKD 0.242 million from translating financial statements of overseas operations, contrasting with a gain in the prior year Total Comprehensive Income | Metric | 2025 (HKD Thousands) | 2024 (HKD Thousands) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Profit for the Year | 5,563 | 31,576 | -82.4% | | Other Comprehensive Income/(Loss) for the Year | (242) | 356 | Not Applicable | | Total Comprehensive Income for the Year | 5,321 | 31,932 | -83.3% | [Consolidated Statement of Financial Position](index=4&type=section&id=%E7%B6%9C%E5%90%88%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E8%A1%A8) As of March 31, 2025, the Group's total assets slightly decreased to HKD 148.53 million, and net assets declined to HKD 133.41 million, while trade and other receivables significantly reduced by 51.3% to HKD 29.61 million, and cash and cash equivalents notably increased by 35.6% to HKD 84.80 million Key Items from Consolidated Statement of Financial Position | Metric | March 31, 2025 (HKD Thousands) | March 31, 2024 (HKD Thousands) | Change | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Non-current Assets | 30,829 | 30,219 | +2.0% | | Current Assets | 117,696 | 127,235 | -7.5% | | *Of which: Trade and Other Receivables* | *29,613* | *60,798* | *-51.3%* | | *Of which: Cash and Cash Equivalents* | *84,800* | *62,525* | *+35.6%* | | **Total Assets** | **148,525** | **157,454** | **-5.7%** | | **Liabilities and Equity** | | | | | Current Liabilities | 15,119 | 14,969 | +1.0% | | **Net Assets** | **133,406** | **142,485** | **-6.4%** | | **Total Equity** | **133,406** | **142,485** | **-6.4%** | [Notes to the Consolidated Financial Statements](index=6&type=section&id=%E7%B6%9C%E5%90%88%E8%B2%A1%E5%8B%99%E5%A0%B1%E8%A1%A8%E9%99%84%E8%A8%BB) The notes detail the company's principal activities, accounting policies, and financial item composition, revealing that the revenue decline was driven by reduced hardware sales and software solution services, with Hong Kong remaining the primary revenue source despite a decrease, and continued high reliance on two major customers - The company's principal activities include the sale of electronic payment terminal (EPT) machines and peripheral equipment, provision of EPT system support services, software solution services, and embedded system solution services[9](index=9&type=chunk) [Note 4. Revenue](index=7&type=section&id=%E9%99%84%E8%A8%BB4.%20%E6%94%B6%E7%9B%8A) Total revenue for FY2025 was HKD 94.35 million, a 26.1% year-on-year decrease, with sales of electronic payment terminals and peripheral equipment declining 40.5% to HKD 23.82 million, and revenue from support and software solution services decreasing 19.6% to HKD 70.53 million Revenue by Business Type | Business Type | 2025 (HKD Thousands) | 2024 (HKD Thousands) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Sales of Electronic Payment Terminals and Peripheral Equipment | 23,821 | 40,044 | -40.5% | | Provision of Support Services and Software Solution Services | 70,532 | 87,705 | -19.6% | | **Total** | **94,353** | **127,749** | **-26.1%** | [Note 5. Segment Information](index=8&type=section&id=%E9%99%84%E8%A8%BB5.%20%E5%88%86%E9%83%A8%E8%B3%87%E6%96%99) Both "Sales of Hardware Equipment" and "System Support and Software Solution Services" segments experienced revenue declines, with Hong Kong's revenue decreasing from HKD 111.07 million to HKD 78.72 million, being the primary driver of the overall revenue reduction, and the company's reliance on two major customers remains high, accounting for 27.9% of total revenue Revenue by Geographical Location | Region | 2025 (HKD Thousands) | 2024 (HKD Thousands) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Hong Kong | 78,716 | 111,067 | -29.1% | | Australia | 6,153 | 7,070 | -13.0% | | Macau | 4,259 | 6,564 | -35.1% | | Other | 5,225 | 3,048 | +71.4% | | **Total** | **94,353** | **127,749** | **-26.1%** | Revenue from Major Customers | Customer | 2025 (HKD Thousands) | 2024 (HKD Thousands) | % of Total Revenue (2025) | | :--- | :--- | :--- | :--- | | Customer A | 15,035 | 16,551 | 15.9% | | Customer B | 11,245 | 12,615 | 11.9% | [Note 10. Dividends](index=14&type=section&id=%E9%99%84%E8%A8%BB10.%20%E8%82%A1%E6%81%AF) The Board recommended a final dividend of **1.00 HK cent** per share for the year ended March 31, 2025, half of the prior year's **2.00 HK cents**, resulting in a total annual distribution of **2.00 HK cents** per share, down from **3.00 HK cents** last year Annual Dividend Distribution | Dividend Type | FY2025 (HK cents per share) | FY2024 (HK cents per share) | | :--- | :--- | :--- | | Interim Dividend | 1.00 | 1.00 | | Proposed Final Dividend | 1.00 | 2.00 | | **Total Annual Dividend** | **2.00** | **3.00** | [Management Discussion and Analysis](index=17&type=section&id=%E7%AE%A1%E7%90%86%E5%B1%A4%E8%A8%8E%E8%AB%96%E5%8F%8A%E5%88%86%E6%9E%90) Management attributes the FY2025 performance decline to reduced electronic payment terminal sales, fewer software solution projects, and decreased profit margins due to economic downturn and intensified market competition, further impacted by increased impairment losses on trade receivables and goodwill impairment, yet the company maintains a sound financial position and expands overseas through an acquisition in Mongolia [Business Review and Outlook](index=17&type=section&id=%E6%A5%AD%E5%8B%99%E5%9B%9E%E9%A1%A7%E5%8F%8A%E5%B1%95%E6%9C%9B) The Group will continue to focus on its core business as an electronic payment terminal solution provider, capitalizing on emerging payment methods like QR code payments, Faster Payment System (FPS), and e-wallets to expand market share, consolidate its position, and support Hong Kong's smart city transformation - Management believes the digital payment market is continuously evolving, with increasing demand for QR code payments, Faster Payment System ("FPS"), and e-wallet payment systems, laying a solid foundation for the company's future development[42](index=42&type=chunk) - Key risks faced by the company include changes in overall market conditions and challenges in retaining technical and managerial personnel with specialized knowledge[43](index=43&type=chunk) [Financial Review](index=18&type=section&id=%E8%B2%A1%E5%8B%99%E5%9B%9E%E9%A1%A7) This fiscal year saw a comprehensive performance decline: revenue decreased by 26.1% primarily due to reduced terminal sales and software projects; gross profit margin fell from 48.7% to 40.8% due to economic downturn and increased market competition; and profit sharply declined by 82.3% due to reduced gross profit, increased impairment losses on trade receivables, and a goodwill impairment loss of HKD 3.6 million - Revenue decreased by **40.5%** (hardware sales) and **19.6%** (support and software services), mainly due to fewer electronic payment terminals sold and a reduction in software solution projects[46](index=46&type=chunk) - Gross profit decreased by **38.1%**, and the gross profit margin declined to **40.8%**, primarily due to reduced profit margins from selling terminals and software solution services caused by the economic downturn and intensified market competition[48](index=48&type=chunk)[49](index=49&type=chunk) - A goodwill impairment loss of approximately **HKD 3.6 million** was recognized for Easy Reach Technology Services (Macau) Limited due to its declining business performance[54](index=54&type=chunk) - Profit for the year significantly decreased by **82.3%**, primarily attributable to reduced gross profit, increased impairment losses on trade receivables, and the recognition of goodwill impairment loss[55](index=55&type=chunk) [Financial Position, Liquidity and Financial Resources](index=20&type=section&id=%E8%B2%A1%E5%8B%99%E7%8B%80%E6%B3%81%E3%80%81%E6%B5%81%E5%8B%95%E8%B3%87%E9%87%91%E5%8F%8A%E8%B2%A1%E5%8B%99%E8%B3%87%E6%BA%90) The Group maintained a sound financial position with no bank borrowings as of March 31, 2025, and a net current asset position of approximately HKD 102.6 million, including cash and bank balances of approximately HKD 84.80 million, which increased from the prior year, reflecting the company's prudent cash and financial management policies Liquidity Indicators | Metric | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | Net Current Assets | Approx. HKD 102.6 million | Approx. HKD 112.3 million | | Cash and Bank Balances | Approx. HKD 84.80 million | Approx. HKD 62.50 million | | Bank Borrowings | None | None | [Significant Investments, Material Acquisitions and Disposals](index=21&type=section&id=%E9%87%8D%E5%A4%A7%E6%8A%95%E8%B3%87%E3%80%81%E9%87%8D%E5%A4%A7%E6%94%B6%E8%B3%BC%E5%8F%8A%E5%87%BA%E5%94%AE) In June 2024, the Group acquired a 16.7% equity interest in Mongolian payment services company Bonum LLC for USD 1 million to seize opportunities in the Mongolian payment market, with the transaction completed on December 31, 2024 - The Group acquired a **16.7%** equity interest in Bonum LLC, a Mongolian payment service provider, for **USD 1 million** to expand into the Mongolian payment market[63](index=63&type=chunk) [Corporate Governance and Other Information](index=22&type=section&id=%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E8%88%87%E5%85%B6%E4%BB%96%E4%BF%A1%E6%81%AF) This section covers the Annual General Meeting arrangements, dividend distribution plan, compliance with corporate governance practices, and post-reporting period events, noting a temporary deviation from GEM Listing Rules due to an independent non-executive director's passing, which was promptly rectified, and the Chairman and Chief Executive Officer roles are combined for leadership stability, with a potential acquisition memorandum of understanding signed post-period [Annual General Meeting, Dividends and Closure of Register of Members](index=22&type=section&id=%E8%82%A1%E6%9D%B1%E9%80%B1%E5%B9%B4%E5%A4%A7%E6%9C%83%E3%80%81%E8%82%A1%E6%81%AF%E5%8F%8A%E6%9A%AB%E5%81%9C%E8%BE%A6%E7%90%86%E8%82%A1%E4%BB%BD%E9%81%8E%E6%88%B6%E7%99%BB%E8%A8%98%E6%89%8B%E7%BA%8C) The company's Annual General Meeting is scheduled for August 8, 2025, with a proposed final dividend of **1.00 HK cent** per share expected to be paid on August 28, 2025, to shareholders on record as of August 22, 2025 - The Annual General Meeting will be held on **August 8, 2025**[64](index=64&type=chunk) - A proposed final dividend of **1.00 HK cent** per share is expected to be paid on **August 28, 2025**[65](index=65&type=chunk) [Compliance with Corporate Governance Code](index=23&type=section&id=%E9%81%B5%E5%AE%88%E4%BC%81%E6%A5%AD%E7%AE%A1%E6%B2%BB%E5%AE%88%E5%88%99) The company is committed to high corporate governance standards, having temporarily deviated from GEM Listing Rules regarding independent non-executive director numbers and committee compositions due to a director's passing, but promptly regained compliance on May 16, 2025, and maintains the combined roles of Chairman and Chief Executive Officer for stable leadership and efficient decision-making - Due to the passing of independent non-executive director Dr. Hu Wing Kuen on **February 17, 2025**, the company temporarily did not fully comply with GEM Listing Rules regarding the number of independent non-executive directors and the composition of the Audit, Remuneration, and Nomination Committees, but compliance was restored upon the appointment of Ms. Cheng Wai Shan on **May 16, 2025**[66](index=66&type=chunk) - The company deviates from the Corporate Governance Code's provision for separation of Chairman and Chief Executive roles, with Mr. Lo Chun Kit holding both positions, which the Board believes provides strong and consistent leadership[66](index=66&type=chunk) [Events After Reporting Period](index=25&type=section&id=%E5%A0%B1%E5%91%8A%E6%9C%9F%E5%BE%8C%E4%BA%8B%E9%A0%85) On April 16, 2025, the company's indirect wholly-owned subsidiary entered into a non-legally binding memorandum of understanding for the potential acquisition of the equity interest in Linksky Technology Limited, and on May 16, 2025, Ms. Cheng Wai Shan was appointed as an independent non-executive director and a member of several committees - On **April 16, 2025**, the company signed a non-legally binding memorandum of understanding for the potential acquisition of Linksky Technology Limited[72](index=72&type=chunk)

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 48,804,000, a decrease of 7.9% compared to HKD 52,977,000 in 2023[22] - Gross profit for the same period was HKD 21,860,000, down 11.9% from HKD 24,816,000[22] - Operating profit decreased by 18.5% to HKD 10,525,000 from HKD 12,911,000[22] - Profit for the period was HKD 9,191,000, reflecting a decline of 15.3% compared to HKD 10,847,000 in the previous year[22] - Basic and diluted earnings per share were HKD 1.89, down 14.9% from HKD 2.22[23] - The group reported a profit before tax of HKD 10,525,000 for the six months ended September 30, 2024, compared to HKD 24,451,000 for the same period in 2023, reflecting a significant decline[68] - The company reported a profit of approximately HKD 9.2 million for the six months ended September 30, 2024, representing a year-on-year decrease of about 15.3% due to reduced gross profit and increased administrative expenses[135] - Overall gross profit for the reporting period was approximately HKD 21.9 million, a decrease of about 11.7% from HKD 24.8 million for the same period in 2023, with a gross profit margin of approximately 44.8%, down about 4.3% from 46.8%[139] Assets and Liabilities - Total current assets increased by 3.4% to HKD 131,615,000 from HKD 127,235,000[22] - Total assets rose by 1.3% to HKD 159,438,000 compared to HKD 157,454,000[22] - Total equity remained relatively stable at HKD 142,449,000, a slight decrease of 0.1% from HKD 142,485,000[22] - As of September 30, 2024, total assets amounted to HKD 142,449 million, slightly down from HKD 142,485 million as of March 31, 2024, indicating a decrease of 0.03%[36] - Total liabilities increased to HKD 16,989,000 as of September 30, 2024, compared to HKD 14,969,000 as of March 31, 2024[75] - The company's non-current assets as of September 30, 2024, amounted to HKD 26,713,000, down from HKD 29,603,000 as of March 31, 2024, representing a decrease of 9.7%[89] Cash Flow - Cash and cash equivalents increased to HKD 81,808 million from HKD 62,525 million, representing a growth of 30.9%[52] - Net cash generated from operating activities for the six months ended September 30, 2024, was HKD 28,976 million, a significant increase from HKD 10,206 million in the same period last year, reflecting a growth of 184.5%[52] - The company reported a net cash outflow from investing activities of HKD 142 million, compared to HKD 1,061 million in the previous year, indicating a reduction in investment spending[52] - Financing activities resulted in a cash outflow of HKD 9,602 million, slightly down from HKD 9,732 million in the previous year[52] Revenue Breakdown - Revenue from electronic payment terminals and related equipment sales was HKD 11,553,000, down 19.5% from HKD 14,370,000 year-on-year[62] - Revenue from system support and software solution services was HKD 37,251,000, a slight decrease of 3.5% compared to HKD 38,607,000 in the previous year[62] - The company provided electronic payment terminal system support services, generating revenue of HKD 7,415,000 for the six months ended September 30, 2024, compared to HKD 4,369,000 for the same period in 2023[131] Expenses - The total tax expense for the six months ended September 30, 2024, was HKD 1,334,000, a decrease of 35.2% from HKD 2,059,000 in the same period of 2023[95] - The company reported a total employee benefit expense of HKD 14,150,000 for the six months ended September 30, 2024, an increase of 25.5% from HKD 11,242,000 in the same period of 2023[101] - Total administrative expenses (excluding employee costs) were approximately HKD 8.6 million for the reporting period, a decrease of about 3.4% from HKD 8.9 million for the same period in 2023[142] Shareholder Information - As of September 30, 2024, Mr. Lau holds 350,640,000 shares, representing 73.05% of the issued share capital of the company[166] - Ms. Lam, as Mr. Lau's spouse, is deemed to have an interest in 355,245,000 shares, which is 74.01% of the issued share capital[166] - The company declared an interim dividend of HKD 0.01 per share, amounting to HKD 4,800,000, to be paid on December 13, 2024[104] - The board declared a dividend of HKD 0.01 per share for the reporting period, totaling approximately HKD 4.8 million, to be paid on December 13, 2024[155] Corporate Governance - The board emphasizes high-quality governance, risk management, and accountability to protect shareholder interests[182] - The audit committee, established in November 2016, monitors the integrity of financial statements and internal controls[185] - The audit committee has reviewed the group's financial statements for the reporting period, confirming compliance with applicable accounting standards[186] - The board consists of experienced directors, including three independent non-executive directors, ensuring a balance of power[183] - The chairman and CEO roles are held by the same individual, which the board believes enhances effective business planning and decision-making[183] - The company is committed to maintaining high levels of corporate governance and will make necessary adjustments as needed[183] Market Position and Strategy - The company continues to maintain its leading position as an electronic payment terminal solution provider in Hong Kong, focusing on sales of electronic payment terminals and related equipment[160] - The company aims to expand its market share in the electronic payment terminal market by providing customized software solutions and support services[162] - The rapid growth of the digital payment market, particularly in QR code payments and electronic wallet systems, presents significant growth opportunities for the company[162] - The company is committed to enhancing its capabilities and providing diversified, high-quality one-stop integrated services to solidify its market position in electronic payment terminals and software solutions[162] Other Information - The group has adopted revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position or performance for the reporting period[60] - The report will be available on the Hong Kong Stock Exchange website and the company's website for at least seven days from the publication date[188]

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 48,804,000, a decrease of 7.9% compared to HKD 52,977,000 in the same period of 2023[25] - Gross profit for the same period was HKD 21,860,000, down 11.9% from HKD 24,816,000 year-on-year[25] - Operating profit decreased by 18.5% to HKD 10,525,000 from HKD 12,911,000 in the previous year[25] - Profit before tax was HKD 10,525,000, reflecting an 18.4% decline compared to HKD 12,906,000 in 2023[25] - Net profit for the period was HKD 9,191,000, a decrease of 15.3% from HKD 10,847,000 in the prior year[25] - Basic and diluted earnings per share decreased by 14.9% to HKD 1.89 from HKD 2.22[28] - Total comprehensive income for the period was HKD 9,564,000, compared to HKD 10,637,000, a decline of 10.1%[33] - The profit for the six months ended September 30, 2024, was HKD 9,066,000, a decrease of 15% compared to HKD 10,648,000 for the same period in 2023[111] - The overall gross profit for the reporting period was approximately HKD 21.9 million, a decrease of about 11.7% from HKD 24.8 million for the same period in 2023, with a gross profit margin of approximately 44.8%[142] Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 48,804,000, down from HKD 52,977,000, representing a decrease of 7.8%[29] - Sales of electronic payment terminals and related equipment amounted to HKD 11,553,000, a decrease of 19.5% from HKD 14,370,000 in the previous year[65] - Revenue from system support and software solution services was HKD 37,251,000, slightly down from HKD 38,607,000, indicating a decrease of 3.5%[65] - Revenue from external customers for Hong Kong was HKD 40,963,000 for the six months ended September 30, 2024, a decrease of 5.6% from HKD 45,233,000 for the same period in 2023[93] - Revenue for the six months ended September 30, 2024, was approximately HKD 48.8 million, a decrease of about 7.9% compared to HKD 53.0 million for the same period in 2023, primarily due to a decline in sales of electronic payment terminals and related equipment[139] - Sales of electronic payment terminals and related equipment generated revenue of approximately HKD 11.6 million for the six months ended September 30, 2024, down about 19.4% from HKD 14.4 million in the previous year[139] Assets and Liabilities - Total current assets increased by 3.4% to HKD 131,615,000 from HKD 127,235,000 as of March 31, 2024[25] - Total assets rose by 1.3% to HKD 159,438,000 compared to HKD 157,454,000 at the end of the previous reporting period[25] - The net current assets amounted to HKD 114,626,000, reflecting a 2.1% increase from HKD 112,266,000[25] - Total liabilities as of September 30, 2024, were HKD 16,989,000, up from HKD 14,969,000 as of March 31, 2024[78] - Total non-current assets as of September 30, 2024, were HKD 26,713,000, down from HKD 29,603,000 as of March 31, 2024[92] - The company maintained a net current asset value of approximately HKD 114.6 million as of September 30, 2024, compared to HKD 112.2 million as of March 31, 2024, with cash and bank balances of approximately HKD 81.8 million[148] Cash Flow and Investments - The net cash generated from operating activities for the six months ended September 30, 2024, was HKD 28,976,000, compared to HKD 10,206,000 for the same period in 2023, representing an increase of 184.5%[55] - Cash and cash equivalents increased to HKD 81,808,000 from HKD 62,525,000, an increase of 30.9%[37] - The net cash and cash equivalents at the end of the period increased to HKD 81,808,000 from HKD 72,552,000, marking an increase of 12.4%[55] - The group incurred a net cash outflow from investing activities of HKD 142,000, significantly improved from HKD 1,061,000 in the previous year[55] - The group’s financing activities resulted in a cash outflow of HKD 9,602,000, slightly improved from HKD 9,732,000 in the same period last year[55] - The group’s total cash and cash equivalents increased by HKD 19,232,000 during the period, compared to a decrease of HKD 587,000 in the same period of 2023[55] Employee and Operational Costs - Total employee benefit expenses, including directors' remuneration, amounted to HKD 14,150,000, up 25.5% from HKD 11,242,000 in the previous year[104] - Employee costs increased to approximately HKD 14.2 million for the reporting period, up from HKD 11.3 million in the previous year, due to an increase in the number of employees and wages[144] Corporate Governance and Compliance - The audit committee has been established to oversee the integrity of the company's financial statements and internal controls[188] - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[183] - The board of directors is committed to maintaining high standards of corporate governance and risk management[185] - The company will continue to monitor and review its corporate governance practices[186] Future Outlook and Strategy - The company is committed to enhancing its product offerings and exploring market expansion opportunities in the upcoming periods[1] - The company continues to focus on the electronic payment terminal market, providing sales and support services, and aims to maintain its leading position[163] - The company anticipates significant growth opportunities in the digital payment market, particularly in QR code payments and e-wallet systems[165] - The company is committed to enhancing its capabilities and providing diversified, high-quality integrated services to expand market share[165] Shareholder Information - The company declared an interim dividend of HKD 0.01 per share, totaling HKD 4,800,000, payable on December 13, 2024[107] - The board declared an interim dividend of HKD 0.01 per share, totaling HKD 4.8 million, payable on December 13, 2024[158] - The company has no formal dividend policy or fixed payout ratio, with dividends subject to board discretion and shareholder approval[158] - As of September 30, 2024, Mr. Lau holds 350,640,000 shares, representing 73.05% of the issued share capital[169] - Ms. Lam, as Mr. Lau's spouse, is deemed to have an interest in 355,245,000 shares, representing 74.01% of the issued share capital[170]

Financial Performance - Revenue for the year ended March 31, 2024, was HKD 127.7 million, representing a 14.7% increase from HKD 111.3 million in 2023[8] - Gross profit increased to HKD 62.2 million, up 32.9% from HKD 46.8 million in the previous year[8] - Operating profit rose by 62.2% to HKD 37.8 million, compared to HKD 23.3 million in 2023[8] - Profit before tax increased by 61.8% to HKD 37.7 million, up from HKD 23.3 million in the prior year[8] - Net profit for the year was HKD 31.6 million, a 61.2% increase from HKD 19.6 million in 2023[8] - Total current assets as of March 31, 2024, were HKD 127.2 million, reflecting a 14.8% increase from HKD 110.8 million in 2023[8] - Total assets increased by 8.4% to HKD 157.5 million, compared to HKD 145.3 million in the previous year[8] - The total equity increased to HKD 142.5 million, a 14.0% rise from HKD 125.0 million in 2023[8] - Basic and diluted earnings per share for the year were HKD 6.51, up 61.9% from HKD 4.02 in 2023[8] Revenue Breakdown - Revenue from the sale of electronic payment terminals and related equipment was approximately HKD 40.0 million for the fiscal year ending March 31, 2024, a decrease of about 5.2% from HKD 42.2 million in the previous year[26] - Revenue from system support and software solution services increased by approximately 26.9%, reaching HKD 87.7 million compared to HKD 69.1 million in the previous year[26] Operational Expansion - The company continues to enhance its electronic payment solutions and expand its service offerings, including the introduction of a comprehensive payment solution system for various industries[12] - The company is actively expanding into overseas smart city projects, providing hardware, software technology, and electronic wallet gateway services in various countries, including Southeast Asia[16] - The company aims to leverage big data to enhance consumer insights and market trends, thereby offering more precise and personalized payment solutions[16] - The company plans to integrate artificial intelligence (AI) with its technology to enhance the security and transparency of electronic payment transactions[15] Employee and Operational Costs - Employee costs for the year ended March 31, 2024, were approximately HKD 28.7 million, an increase of about 16.2% from HKD 24.7 million in 2023, primarily due to increased salaries and headcount[34] - Other selling and administrative expenses (excluding employee costs) amounted to approximately HKD 19.3 million for the year ended March 31, 2024, up 16.3% from HKD 16.6 million in 2023, driven by higher depreciation and professional fees[35] - Financing costs increased to approximately HKD 0.04 million for the year ended March 31, 2024, compared to HKD 0.01 million in 2023, mainly due to interest on long-term liabilities[36] Corporate Governance - The company emphasizes high standards of corporate governance, focusing on a high-quality board, sound risk management, and transparency to enhance corporate value[67] - The board has established an audit committee, nomination committee, and remuneration committee, adhering to the principles of the GEM Listing Rules[68] - The company has deviated from the corporate governance code by having the same individual serve as both chairman and CEO, which the board believes enhances stable leadership[68] - The board consists of one executive director, two non-executive directors, and three independent non-executive directors, ensuring a balanced governance structure[72] - The company has adopted a code of conduct for securities trading by directors, confirming no violations were known for the fiscal year ending March 31, 2024[70] Related Party Transactions - The group has entered into several related party transactions with the controlling shareholder and associated parties, with a total actual amount of HKD 846,000 for warehouse, maintenance center, and office rentals[162] - The total annual cap for transactions with related parties is set at HKD 2,490,000, indicating a significant portion of the cap has been utilized[162] - The company has established a series of agreements with related parties based on fair negotiations considering current market prices[165] Environmental, Social, and Governance (ESG) - The environmental, social, and governance (ESG) report covers the fiscal year from April 1, 2023, to March 31, 2024, focusing on the procurement of electronic payment terminals and related services[186] - The company aims to be recognized as a responsible information technology and payment solutions provider, integrating ESG factors across all operations[187] - The board is responsible for overseeing the implementation of ESG strategies and managing related risks[188] Employee Statistics - As of March 31, 2024, the company had a total of 78 employees and 21 contractors, with a monthly employee turnover rate of 0.71%[198] - The monthly turnover rate in Hong Kong decreased from 1.69% in 2023 to 0.71% in 2024, indicating improved employee retention[199] - The company emphasizes equal opportunities in hiring, compensation, and promotion, with a strict policy against discrimination and harassment[200]

Financial Performance - For the fiscal year ending March 31, 2024, the group recorded revenue of approximately HKD 127.7 million, an increase of about 14.7% compared to approximately HKD 111.3 million for the fiscal year ending March 31, 2023[14]. - Gross profit for the same period was HKD 62,226,000, representing a significant increase of 32.9% compared to HKD 46,807,000 in 2023[60]. - The operating profit rose to HKD 37,770,000, up 61.9% from HKD 23,342,000 in the prior year[60]. - Net profit for the year was HKD 31,576,000, a 60.9% increase from HKD 19,616,000 in 2023[61]. - Basic earnings per share increased to HKD 6.51, compared to HKD 4.02 in the previous year, reflecting a growth of 62%[60]. - The company reported a total comprehensive income of HKD 31,932,000 for the year, compared to HKD 19,017,000 in the previous year, marking a growth of 68.5%[61]. - The profit for the year 2024 is 31,231 thousand HKD, compared to 19,304 thousand HKD in 2023, representing an increase of approximately 62.0%[138]. Revenue Breakdown - Revenue from system support and software solution services for the fiscal years ending March 31, 2024, and 2023, was approximately HKD 87.7 million and HKD 69.1 million, respectively, representing an increase of approximately 26.9% due to the growth in electronic payment system support services and software solution services[15]. - For the fiscal year ending March 31, 2024, the total revenue from the sale of electronic payment terminals and related equipment was HKD 40,044,000, a decrease of 5.5% from HKD 42,225,000 in 2023[73]. - Revenue from support services and software solutions increased to HKD 87,705,000, representing a growth of 26.9% compared to HKD 69,122,000 in the previous year[73]. - Total revenue for the year ended March 31, 2024, was HKD 127,749,000, with a breakdown of HKD 40,044,000 from hardware sales, HKD 87,705,000 from software solutions and services[122]. Costs and Expenses - The cost of sales and employee costs for the fiscal year ending March 31, 2024, was approximately HKD 17,054,701, compared to HKD 16,260,809 for the fiscal year ending March 31, 2023[1]. - Employee costs increased to HKD 20,770,000 in 2024 from HKD 18,281,000 in 2023, reflecting rising operational expenses[135]. - The cost of goods sold and services for the year ended March 31, 2024, is approximately 65.5 million HKD, an increase of about 1.6% from 64.5 million HKD in 2023[150]. - The overall gross profit margin for the year ended March 31, 2024, is approximately 48.7%, up about 16.0% from 42.0% in 2023[151]. Dividends and Shareholder Information - The board has proposed a final dividend of HKD 0.02 per share for the fiscal year ending March 31, 2024, consistent with the previous year[2]. - The company declared dividends totaling HKD 4,800,000 for the year, consistent with the previous year's dividend[66]. - The proposed final dividend per ordinary share for 2024 remains at HKD 0.02, consistent with the previous year[137]. - The annual general meeting of shareholders is scheduled for August 8, 2024[28]. Assets and Liabilities - The company's total assets as of March 31, 2024, were HKD 142,485,000, an increase from HKD 124,953,000 in 2023[64]. - The total assets of the group increased to HKD 157,454,000 in 2024 from HKD 145,303,000 in 2023, indicating a growth of about 8.8%[101]. - The group’s total liabilities decreased to HKD 14,969,000 in 2024 from HKD 20,350,000 in 2023, reflecting a reduction of approximately 26.4%[101]. - The company’s non-current assets decreased to HKD 30,219,000 from HKD 34,503,000, a decline of 12.5%[62]. Corporate Governance and Management - The company maintains a high level of corporate governance, emphasizing a quality board, sound risk management, and transparency[192]. - The company has established a robust internal control and risk management framework to ensure effective handling of significant business processes and asset protection[168]. - The audit committee, established on November 23, 2016, consists of three independent non-executive directors as of March 31, 2024[194]. Market Position and Strategy - The group continues to maintain its leading position as a provider of electronic payment terminal solutions in Hong Kong, focusing on sales of electronic payment terminals and related services[10]. - The company aims to enhance its capabilities and provide diversified, high-quality integrated services to further expand market share in the electronic payment terminal sales and system support sectors[146]. - The company anticipates significant growth opportunities in the electronic payment terminal market, particularly with the rise of QR code payments and electronic wallet systems[175]. - The company will continue to invest in professional skills to assist Hong Kong in its transformation into a smart city, focusing on opportunities in the electronic payment terminal market[145]. Employee Information - As of March 31, 2024, the company employed 78 full-time employees, an increase from 65 employees as of March 31, 2023[200]. - The company provides comprehensive training programs for employees and may subsidize relevant training courses[200]. Other Financial Information - The company recognized government subsidies of HKD 1,480,000 related to the "Employment Support Scheme" during the year[131]. - The total income tax expense for the year was HKD 6,155,000, compared to HKD 3,714,000 in the previous year[132]. - The company reported other selling and administrative expenses of approximately HKD 19.3 million for the year ended March 31, 2024, an increase of about 16.3% from HKD 16.6 million in the previous year[184].

Financial Performance - For the six months ended September 30, 2023, the company reported revenue of HKD 52,977,000, a decrease of 1.5% compared to HKD 53,799,000 in the same period of 2022[12]. - Gross profit increased by 7.2% to HKD 24,816,000 from HKD 23,140,000 year-on-year[12]. - Operating profit rose by 2.8% to HKD 12,911,000, compared to HKD 12,558,000 in the previous year[12]. - Profit attributable to owners of the company increased by 5.0% to HKD 10,648,000 from HKD 10,138,000 year-on-year[12]. - The company reported a net profit of HKD 10,847,000 for the six months, an increase of 8.0% compared to HKD 10,042,000 in the same period of 2022[12]. - Basic and diluted earnings per share increased by 5.2% to HKD 2.22 from HKD 2.11 in the previous year[12]. - The company reported a profit of approximately HKD 10.8 million for the six months ended September 30, 2023, representing an increase of about 8.0% year-on-year, primarily due to an increase in gross profit, although offset by higher administrative expenses[75]. Assets and Liabilities - Total current assets increased by 7.7% to HKD 119,331,000 as of September 30, 2023, compared to HKD 110,800,000 as of March 31, 2023[12]. - Total assets grew by 4.2% to HKD 151,358,000 from HKD 145,303,000[12]. - The total equity of the company increased by 0.8% to HKD 125,990,000 from HKD 124,953,000[12]. - The company's total liabilities decreased from HKD 19,527,000 as of March 31, 2023, to HKD 25,116,000 as of September 30, 2023, indicating a rise of about 28.6%[17]. - The total liabilities increased to HKD 25,368,000 from HKD 20,350,000, reflecting a rise of 24.7%[41]. - The company’s total liabilities increased to HKD 19,200,000 as of September 30, 2023, compared to HKD 14,653,000 as of March 31, 2023, reflecting a growth of approximately 31.0%[66]. Cash Flow and Working Capital - The company's net cash from operating activities for the six months ended September 30, 2023, was HKD 10,206,000, down from HKD 14,399,000 in the same period of 2022, representing a decrease of approximately 29.5%[23]. - The net cash and cash equivalents at the end of the period were HKD 72,552,000, a decrease from HKD 73,120,000 at the beginning of the period[23]. - As of September 30, 2023, the group's net current assets were approximately HKD 94.2 million, an increase from HKD 91.3 million as of March 31, 2023[87]. Revenue Breakdown - Revenue from electronic payment terminals and related equipment sales was HKD 14,370,000, down 27.8% from HKD 19,916,000 in the previous year[33]. - Revenue from system support and software solution services increased to HKD 38,607,000, up 13.5% from HKD 33,883,000 in the same period last year[33]. - Revenue from Hong Kong increased to HKD 45,233,000, up 25.5% from HKD 36,051,000 year-over-year[48]. Dividends - The company declared a final dividend of HKD 9,600,000 for the previous fiscal year, which was paid out during the current period[21]. - The company declared an interim dividend of HKD 0.01 per share, totaling HKD 4,800,000, payable on December 8, 2023[57]. Corporate Governance - The board emphasizes high-quality governance, risk management, and accountability to protect shareholder interests[123]. - The audit committee, established in November 2016, monitors the integrity of financial statements and internal controls[126]. - The audit committee has reviewed the group's interim financial statements and confirmed compliance with applicable accounting standards and GEM Listing Rules[127]. - The company has committed to maintaining high standards of corporate governance and will make necessary adjustments as needed[124]. Market Position and Strategy - The company continues to maintain its leading position as an electronic payment terminal solution provider in Hong Kong, focusing on sales of electronic payment terminals and related equipment[106]. - The company aims to expand its market share in the electronic payment terminal market by providing customized software solutions and support services[108]. - The rapid development of the digital payment market, particularly in QR code payments and e-wallet systems, presents significant growth opportunities for the company[108]. - The company is committed to enhancing its capabilities and providing diversified, high-quality one-stop services to further expand its market share in the electronic payment terminal sales and support services industry[108].