執行董事 Flydoo Technology Holding Limited （於開曼群島註冊成立的有限公司） 飛道旅遊科技有限公司 （股份代號：8069） 董事名單與其角色及職能 Flydoo Technology Holding Limited 飛道旅遊科技有限公司（「公司」）董事（「董 事」）會（「董事會」）成員載列如下。 香港，二零二四年十二月二日 鄭劍先生 （行政總裁） 王琛維先生 廖英順先生 獨立非執行董事 Rebecca Kristina Glauser女士 Juan Ruiz-Coello先生 黃澤民先生 董事會設有三個委員會。下表提供各董事會成員在該等委員會中所擔任的職位。 | 董事會委員會 | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | | 董事 | | | | | 黃澤民先生 | 主席 | 成員 | 成員 | | Rebecca Kristina Glauser女士 | 成員 | 主席 | 成員 | | Juan Ruiz-Coello先生 | 成員 | 成員 | 主席 | ...

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的內容概不負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Flydoo Technology Holding Limited 飛道旅遊科技有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8069） 更換執行董事及授權代表 董事會謹此宣佈，自二零二四年十二月二日起： 執行董事及授權代表辭任 Flydoo Technology Holding Limited飛道旅遊科技有限公司（「本公司」，連同其附 屬公司統稱「本集團」）董事（「董事」）會（「董事會」）謹此宣佈，徐曉蘭女士（「徐女 士」）已呈辭(i)執行董事；及(ii)香港聯合交易所有限公司（「聯交所」）GEM證券上 市 規 則（「 GEM上市規則」）第5.24條 項 下 本 公 司 授 權 代 表（「授權代表」），自 二 零 二四年十二月二日起生效。 徐 女 士 因 其 他 個 人 及 業 務 承 擔 而 辭 任。徐 女 士 確 認，於 本 公 ...

Flydoo Technology Holding Limited 飛 道 旅 遊 科 技 有 限 公 司 （前稱 WWPKG Holdings Company Limited 縱橫遊控股有限公司） (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 8069) NOTIFICATION LETTER 通知信函 Dear Non-registered Shareholder(s)(Note 1) , 29 November 2024 The following document(s) of Flydoo Technology Holding Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.flydoo.com.hk and The Stock Exchange of Hong ...

Flydoo Technology Holding Limited The following document(s) of Flydoo Technology Holding Limited ("Company") has/have been prepared in English and Chinese and is/are available on the websites of the Company at www.flydoo.com.hk and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk (collectively "Websites"):- • Interim Report 2024/25 If you have not provided us with an email address but now would like to receive an email notification of the publication of the Corporate Communication(s) on the Websit ...

Revenue and Profitability - For the six months ended September 30, 2024, the revenue from travel-related products and services was approximately HKD 171.1 million, with a segment profit of about HKD 5.3 million, a decrease of HKD 4.5 million compared to the previous year[9]. - The revenue from the tour segment remained stable at approximately HKD 169.1 million, while the gross profit decreased by 11.9% to about HKD 28.2 million due to rising inflation and oil prices affecting transportation and accommodation costs[12]. - The retail business generated revenue of approximately HKD 10.9 million but incurred a loss of about HKD 1.6 million, primarily due to high employee costs[9]. - The total revenue for the group was HKD 182.0 million, with a gross profit of HKD 31.8 million for the six months ended September 30, 2024[11]. - Revenue for the six months ended September 30, 2024, was HKD 182,040, a decrease of 3% from HKD 188,604 in the same period last year[52]. - Gross profit for the same period was HKD 31,800, down 13% from HKD 36,613 year-on-year[52]. - The company reported a net loss of HKD 588 for the six months ended September 30, 2024, compared to a net loss of HKD 1,254 in the previous year, indicating a 53% improvement[52]. - The basic and diluted loss per share for continuing operations was HKD 0.05, compared to a profit of HKD 0.12 in the same period last year[54]. Expenses and Cost Management - Total sales expenses decreased by 6.8% to approximately HKD 16.3 million for the six months ended September 30, 2024, mainly due to reduced depreciation from the sale of the restaurant business[18]. - Administrative expenses decreased by 8.2% to approximately HKD 17.8 million for the six months ended September 30, 2024, primarily due to a one-time special training program for employees in the retail business[19]. - The company incurred employee benefits expenses of HKD 19,659,000, up from HKD 18,494,000 in the previous year[99]. - The total remuneration for key management personnel was HKD 1,342,000, slightly up from HKD 1,324,000 in the previous year[153]. Cash Flow and Financial Position - As of September 30, 2024, the group's cash and cash equivalents amounted to approximately HKD 75.4 million, an increase from approximately HKD 67.7 million as of March 31, 2024[22]. - The current ratio as of September 30, 2024, was 1.5 times, slightly down from 1.6 times as of March 31, 2024[22]. - The company's total liabilities, including other payables, reached HKD 61,117,000 as of September 30, 2024, compared to HKD 54,705,000 as of March 31, 2024, reflecting an increase of 11.5%[132]. - The net cash inflow from operating activities for the six months ended September 30, 2024, was HKD 9,742,000, compared to HKD 9,590,000 for the same period in 2023, indicating a slight increase[61]. - Cash and cash equivalents increased by HKD 7,686,000 during the six months ended September 30, 2024, compared to a decrease of HKD 17,381,000 in the same period of 2023[61]. Business Strategy and Development - The company aims to diversify its business portfolio to broaden revenue sources and enhance future profitability[9]. - The company is committed to seeking opportunities for multi-industry development to strengthen its revenue potential[9]. - The company continues to focus on digital marketing and media advertising to enhance brand awareness and product popularity[8]. - The company has expanded its travel tour offerings to over 20 countries, including new destinations in Europe, Australia, Africa, and Asia[8]. - The company aims to enhance business performance during the ongoing outbound tourism boom and will continue to seek diversification in other industries to expand revenue sources[36]. Shareholder and Equity Information - Major shareholder Zonghengyou Investment Holdings Limited holds 100,000,000 shares, representing 14.69% of the company's total shares[43]. - As of September 30, 2024, there were 68,059,000 stock options available for grant under the 2024 Share Option Scheme, compared to 40,000,000 under the previous scheme[40]. - The company reported a total of 680,595,000 weighted average ordinary shares in issue for the six months ended September 30, 2024, compared to 642,480,000 in the previous year, representing an increase of 5.93%[106]. Risk Management and Compliance - The group has faced various financial risks, including foreign exchange risk, credit risk, and liquidity risk, with no significant changes in risk management policies since the last year-end[73]. - The audit committee reviewed the interim financial performance for the six months ended September 30, 2024, ensuring compliance with financial reporting standards[50]. - The company has adopted a code of conduct for directors' securities transactions, confirming compliance by all directors for the reporting period[49]. - The company did not experience any significant labor disputes that disrupted normal business operations during the six months ending September 30, 2024[34]. Inventory and Receivables - Inventory levels rose to HKD 8,002, up from HKD 6,735, indicating a 19% increase[56]. - Accounts receivable decreased significantly to HKD 115,000 as of September 30, 2024, from HKD 3,440,000 at the end of March 2024, indicating a decline of 96.66%[115]. - The company's trade deposits amounted to HKD 26,206,000, an increase from HKD 24,795,000 as of March 31, 2024, representing a growth of 5.7%[120]. Other Financial Information - The company reported a foreign exchange gain of HKD 1,504,000, compared to a loss of HKD 807,000 in the previous year[97]. - The company recorded a cash inflow of HKD 163,000 from the sale of cryptocurrency during the six months ended September 30, 2024, which was not reported in the previous year[61]. - The company reported a net other income of HKD 1,962,000 for the six months ended September 30, 2024, compared to HKD 707,000 in the previous year[97]. - The company reported a loss before tax for continuing operations of HKD 407,000 for the six months ended September 30, 2024, an improvement from a loss of HKD 1,061,000 for the same period in 2023[141].

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 182,040,000, a decrease of 3.3% from HKD 188,604,000 in the same period of 2023[5] - Gross profit for the same period was HKD 31,800,000, down 13.1% from HKD 36,613,000 year-on-year[5] - The company incurred an operating loss of HKD 326,000 compared to an operating profit of HKD 453,000 in the previous year[5] - The net loss attributable to the company’s owners for the period was HKD 533,000, a significant decrease from a profit of HKD 631,000 in the prior year[7] - Total revenue for the six months ended September 30, 2024, was HKD 182,040 thousand, a decrease of 3.0% from HKD 188,604 thousand in the same period of 2023[37] - Revenue from travel group sales was HKD 169,038 thousand, down 2.5% from HKD 172,468 thousand year-over-year[37] - Revenue from sales of travel-related products and services was HKD 2,025 thousand, a decline of 16.4% compared to HKD 2,421 thousand in the previous year[37] - The company reported a segment profit of HKD 3,466 thousand, down from HKD 691 thousand in the same period last year, indicating a significant decrease in profitability[40] - The company incurred a loss before tax of HKD 588 thousand for the period, compared to a loss of HKD 1,254 thousand in the same period of 2023[42] - The group reported a loss from continuing operations of HKD 352,000 for the six months ended September 30, 2024, compared to a profit of HKD 785,000 for the same period in 2023, representing a significant decline[67] - The group’s total revenue for the six months ended September 30, 2024, was HKD 182.0 million, compared to HKD 188.6 million in the previous year, reflecting a decrease in overall performance[92] - The gross profit for the travel group segment was HKD 28.2 million, down from HKD 32.0 million in the previous year, indicating a decline in profitability[92] - The group’s loss for the six months ending September 30, 2024, decreased by 53.1% to approximately HKD 0.6 million, attributed to a reduction in gross profit and decreased selling and administrative expenses[102] Assets and Liabilities - Current assets increased to HKD 114,720,000 from HKD 109,194,000 as of March 31, 2024[9] - Cash and cash equivalents rose to HKD 75,391,000, up from HKD 67,705,000 at the end of the previous reporting period[9] - The company’s total equity decreased slightly to HKD 52,523,000 from HKD 52,847,000[12] - Non-current assets totaled HKD 13,483,000, a decrease from HKD 13,969,000 as of March 31, 2024[9] - The company’s inventory increased to HKD 8,002,000 from HKD 6,735,000, indicating a rise in stock levels[9] - Total assets as of September 30, 2024, were HKD 128,203 thousand, an increase from HKD 123,163 thousand as of March 31, 2024[47] - The group’s receivables as of September 30, 2024, amounted to HKD 115,000, a significant decrease from HKD 3,440,000 as of March 31, 2024[72] - The accounts payable decreased from HKD 9.049 million to HKD 7.774 million over the same period, indicating improved cash flow management[82] - The equity in a joint venture decreased slightly from HKD 6.076 million to HKD 6.064 million, reflecting stable performance in that investment[79] Expenses and Costs - Total expenses for continuing operations were HKD 184,328,000, a decrease of 2.7% from HKD 188,858,000 in the previous year[56] - Employee benefits expenses (excluding directors' benefits) increased to HKD 19,659,000 from HKD 18,494,000, reflecting an increase of 6.3%[56] - The group recorded a net financial cost of HKD 69,000, down from HKD 141,000 in the previous year, indicating improved financial management[62] - The group’s advertising and promotional expenses increased to HKD 1,954,000 from HKD 1,704,000, reflecting a rise of 14.6%[56] - Selling expenses decreased by 6.8% to approximately HKD 16.3 million, mainly due to reduced depreciation from the sale of the restaurant business, partially offset by increased advertising and promotional expenses[99] - Administrative expenses decreased by 8.2% to approximately HKD 17.8 million, primarily due to a one-time special training program for employees in the retail and other segments[101] Risk Management - The company faces various financial risks, including foreign exchange risk, credit risk, and liquidity risk[23] - The company’s management has not made significant changes to risk management policies since the last annual report[23] - The group has implemented foreign exchange risk management procedures to manage risks associated with costs denominated in Japanese Yen, ensuring sufficient currency availability for operational payments[110] - The company continues to evaluate its foreign exchange risk management procedures to minimize exposure[112] Corporate Governance - The group is listed on the GEM of the Hong Kong Stock Exchange since January 12, 2017[16] - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, with the functional currency being Hong Kong dollars[18] - The group has not adopted any new or revised Hong Kong Financial Reporting Standards that have not yet come into effect[20] - The audit committee has been established in accordance with GEM Listing Rules and consists of three independent non-executive directors[127] - The unaudited interim financial results for the six months ending September 30, 2024, have been reviewed by the audit committee along with the management[127] - The company confirms that the information provided in the announcement is accurate and complete in all material aspects, with no misleading or fraudulent elements[128] Strategic Initiatives - The company operates primarily in travel-related products and services, including travel package sales and travel technology investments[15] - The food and beverage business was sold on March 28, 2024, indicating a strategic shift[15] - The company aims to drive business performance towards profitability by capitalizing on the continued growth in outbound travel[115] - The company has expanded its retail offerings to include fashion lifestyle products, including toys and luxury handbags, since June 2022, aiming to diversify revenue sources[90] - The company continues to focus on digital marketing and media advertising to enhance brand awareness and product popularity[89] - The group has implemented a new stock option plan to reward contributions from directors, senior management, and employees[120] Shareholder Returns - The group did not declare an interim dividend for the six months ended September 30, 2024, consistent with the previous year[71] - The board of directors has decided not to declare an interim dividend for the six months ended September 30, 2024, consistent with the previous period[114] Employee Relations - The company has not experienced any significant labor disputes that disrupted normal business operations during the reporting period[113] - The total employee benefits expense for the six months ended September 30, 2024, was approximately HKD 19.7 million, compared to HKD 18.5 million for the same period in 2023[113]

Flydoo Technology Holding Limited 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的內容概不負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 行政總裁及執行董事 鄭劍 飛道旅遊科技有限公司 （於開曼群島註冊成立的有限公司） （股份代號：8069） 董事會會議通告 飛道旅遊科技有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司 將於二零二四年十一月二十六日（星期二）舉行董事會會議，藉以討論（其中包括） 省覽及批准本公司及其附屬公司截至二零二四年九月三十日止六個月的未經審核 綜合中期業績及其刊發，及考慮建議派發中期股息（如有）。 承董事會命 飛道旅遊科技有限公司 香港，二零二四年十一月十二日 於 本 公 告 日 期，執 行 董 事 為 鄭 劍 先 生、徐 曉 蘭 女 士 及 王 琛 維 先 生；以 及 獨 立 非 執 行董事為黃澤民先生、Rebecca Kristina Glauser女士及Juan R ...

香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的公司帶有較高投資風險。有意 投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券承受較大的市場波動風險，同時無 法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概 不就因本報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。 本報告的資料乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關Flydoo Technology Holding Limited 飛道旅遊科技有限公司（「本公司」，連同其附屬公司統稱「本集團」）之資料；本公司董事（「董事」）願就本報告的資料共同 及個別地承擔全部責任。董事在作出一切合理查詢後，確認就其所知及所信，本報告所載資料在各重要方面均屬準確完 備，沒有誤導或欺詐成分，且並無遺漏任何事項，足以令致本報告或其所 ...

Financial Performance - Revenue for the year 2024 reached HKD 407,635 thousand, a significant increase from HKD 158,409 thousand in 2023, representing a growth of approximately 157%[19] - Gross profit for 2024 was HKD 81,335 thousand, compared to HKD 28,678 thousand in 2023, indicating a gross margin improvement[19] - The company reported a net operating loss of HKD 8,011 thousand for 2024, slightly higher than the loss of HKD 7,447 thousand in 2023[19] - The loss attributable to owners of the company for continuing operations was HKD 7,494 thousand in 2024, compared to HKD 2,780 thousand in 2023, reflecting a worsening performance[19] - Total comprehensive loss for the year was HKD 13,758 thousand in 2024, up from HKD 7,672 thousand in 2023[19] - The group reported a loss of approximately HKD 13.8 million for the fiscal year 2023/2024, an increase of 79.3% from a loss of about HKD 7.7 million in the previous year[139] - The group reported a net loss of HKD 3,365,000 from unallocated expenses/revenue for the fiscal year[59] Assets and Liabilities - As of March 31, 2024, total assets amounted to HKD 109,194,000, an increase from HKD 87,254,000 in 2023, representing a growth of approximately 25.1%[5] - The total liabilities decreased to HKD 69,038,000 in 2024 from HKD 79,869,000 in 2023, reflecting a reduction of approximately 13.5%[5] - The company’s total equity as of March 31, 2024, was HKD 6,806 thousand, an increase from HKD 5,681 thousand in 2023[22] - The group’s net asset value was approximately HKD 52.8 million as of March 31, 2024, compared to HKD 42.0 million as of March 31, 2023[158] - The company’s total payables increased to HKD 9,049 thousand in 2024 from HKD 3,600 thousand in 2023, indicating a rise in liabilities[110] Cash Flow and Liquidity - The company's cash and cash equivalents increased significantly to HKD 67,705,000 in 2024 from HKD 45,739,000 in 2023, marking a rise of about 47.9%[5] - The net current assets reached HKD 40,156,000 in 2024, compared to HKD 7,385,000 in 2023, indicating a substantial improvement in liquidity[5] - The current ratio as of March 31, 2024, improved to 1.6 times, up from 1.1 times on March 31, 2023[181] - The debt-to-asset ratio decreased significantly from 8.2% on March 31, 2023, to 1.1% on March 31, 2024, primarily due to cash inflow from share placement activities[182] Business Segments and Strategy - The company’s revenue model primarily focuses on retail sales of lifestyle products, including toys and luxury goods, through both physical stores and e-commerce platforms[11] - The group has five reportable segments, including tourism and travel technology investments, and cryptocurrency mining[56] - The company is focusing on investments in tourism and travel technology-related businesses, which may impact future growth strategies[27] - The company plans to expand its market presence and invest in new technologies, particularly in the cryptocurrency sector, which generated revenue of HKD 195,000 in 2023[68] - The company aims to diversify its business portfolio to enhance future profitability and revenue sources[117] - The group aims to diversify its business into other industries to expand revenue sources and improve profitability[143] Employee and Operational Costs - Employee benefits expenses (excluding directors' benefits) rose to HKD 41,916,000 in 2023 from HKD 16,536,000 in 2022, reflecting an increase of approximately 153%[62] - Administrative expenses rose by approximately HKD 24.8 million, a 93.5% increase, mainly due to higher employee costs[129] - Sales expenses increased by approximately HKD 11.8 million, a 229.3% rise, attributed to increased credit card fees and staff salaries[128] - Employee benefit expenses for the fiscal year 2023/2024 amounted to approximately HKD 42.1 million, a significant increase from HKD 16.9 million in the previous year[166] Market and Economic Conditions - In 2023, international tourism has recovered to 88% of pre-pandemic levels, supported by strong pent-up demand and enhanced air connectivity[119] - The company expects a full recovery by the end of 2024, driven by the release of pent-up demand and strong recovery in the Asian market[119] - For the fiscal year 2023/2024, the revenue from travel-related products and services is projected to triple compared to the previous fiscal year[139] Shareholder and Corporate Actions - The company does not recommend the payment of dividends for the fiscal year ending March 31, 2024, consistent with the previous year[108] - The company has changed its English name from "WWPKG Holdings Company Limited" to "Flydoo Technology Holding Limited," effective November 17, 2023, to enhance its corporate image[191] - The company completed a share placement on June 2, 2023, with net proceeds fully utilized by March 31, 2024[171] - The proceeds from the placement will be used for retail business operational funding, with specific allocations including HKD 2.4 million for salary payments and HKD 1.2 million for rental expenses[188]

Financial Performance - The company reported revenue of HKD 188.604 million, a significant increase from HKD 21.091 million in the same period last year, representing a growth of approximately 791%[62]. - The gross profit for the same period was HKD 36.613 million, compared to HKD 3.436 million in the previous year, indicating a substantial increase in profitability[62]. - The company recorded a total comprehensive loss of HKD 1.254 million for the period, a decrease from HKD 9.892 million in the same period last year, reflecting improved financial performance[62]. - The company's loss for the six months ended September 30, 2023, decreased by 87.3% to approximately HKD 1.3 million, indicating improved financial performance[25]. - The group incurred a loss before tax of HKD 1,254,000 for the period, compared to a loss of HKD 9,875,000 in the same period last year, indicating an improvement in financial performance[87]. - The company reported a loss from continuing operations of HKD 1,846,000, compared to a loss of HKD 237,000 in the same period of 2022, indicating a significant increase in losses[64]. - The basic and diluted loss per share for continuing operations was HKD 0.12, compared to a loss of HKD 1.83 in the previous year, reflecting a reduction in losses per share[64]. - The company reported a net loss of HKD 9,414,000 for the six months ended September 30, 2022, while for the same period in 2023, it recorded a profit of HKD 631,000[67]. Revenue Segments - The travel-related products and services segment generated revenue of approximately HKD 175.3 million for the six months ended September 30, 2023, a significant increase from approximately HKD 8.1 million for the same period in 2022, marking a 22-fold growth[11]. - The retail business segment recorded revenue of approximately HKD 9.3 million for the six months ended September 30, 2023, but incurred a loss of approximately HKD 3.0 million due to low gross margins and high employee costs[12]. - The new restaurant business, which opened in April 2023, generated revenue of approximately HKD 4.0 million but faced a loss of approximately HKD 4.5 million during its initial operation phase[12]. - Revenue from travel-related products and services, which includes travel insurance and tickets for theme parks, also saw significant recovery, reflecting the easing of border restrictions and quarantine measures[17]. - Revenue from travel-related products and services was HKD 175,260,000, while the retail business generated HKD 9,309,000 and the restaurant business contributed HKD 4,035,000[87]. Operational Developments - The company has expanded its travel offerings to over 20 countries, including new destinations in Europe, Africa, Asia, and Antarctica, enhancing its product diversity[9]. - The company launched a new concept store in June 2023, covering over 4,000 square feet, featuring private VIP suites and a café, aimed at providing a unique customer experience[9]. - The company is focusing on digital marketing to enhance brand awareness and promote product diversity[9]. - The company aims to diversify its business portfolio to strengthen future profitability and revenue sources[12]. - The company aims to diversify its business into new retail and dining sectors to expand revenue sources[46]. Market Trends - International tourist arrivals reached 84% of pre-pandemic levels during the first half of 2023, with outbound travel increasing by 43% compared to the same period in 2022[9]. - Japan welcomed over 2 million foreign tourists for four consecutive months as of September 2023, nearing 96% of pre-COVID-19 levels[9]. - The global travel and tourism industry is expected to recover rapidly post-pandemic, with international tourist numbers projected to reach 95% of pre-pandemic levels in 2023[46]. Financial Position - As of September 30, 2023, the company's net asset value was approximately HKD 57.6 million, up from HKD 42.0 million as of March 31, 2023[25]. - Cash and cash equivalents amounted to approximately HKD 63.4 million as of September 30, 2023, compared to HKD 45.7 million as of March 31, 2023, reflecting a strong liquidity position[25]. - The group's debt-to-asset ratio decreased from 8.2% as of March 31, 2023, to 4.9% as of September 30, 2023, mainly due to cash generated from the resumption of overseas tours[29]. - Total assets as of September 30, 2023, amounted to HKD 1,698,150,000, while total liabilities were HKD 1,265,000,000, resulting in a net asset value of HKD 433,150,000[66]. - The company’s total equity attributable to owners was HKD 576,634,000, reflecting a stable equity position despite operational losses[66]. Employee and Operational Costs - The total employee benefits expense for the six months ended September 30, 2023, was approximately HKD 18.6 million, significantly up from HKD 4.7 million for the same period in 2022[38]. - The number of employees increased to 120 as of September 30, 2023, from 85 as of March 31, 2023, due to hiring for overseas travel and new retail and restaurant operations[38]. - Administrative expenses rose by 100.9% to approximately HKD 19.4 million, driven by higher employee costs and operational expenses[25]. - Total sales expenses increased by 607.9% to approximately HKD 17.5 million, primarily due to increased advertising and promotional expenditures[23]. Corporate Governance - The company has adhered to all provisions of the corporate governance code, except for the dual role of the Chairman and CEO, which the board believes is beneficial for strategic execution[56]. - The audit committee has reviewed the interim financial results for the six months ended September 30, 2023, ensuring compliance with financial reporting standards[60]. - The company is focused on maintaining high standards of corporate governance to enhance shareholder value and support business growth[56]. Shareholder Information - Major shareholder, Zonghengyou Investment Holdings Limited, holds 100,000,000 shares, representing 14.7% of the company's total shares[51]. - The company did not declare an interim dividend for the six months ended September 30, 2023, to retain cash for operational needs and future development[45]. - The group did not recommend an interim dividend for the six months ended September 30, 2023, consistent with the same period in 2022[113].