Financial Performance - For the nine months ended September 30, 2023, the Group reported revenue of HK$45,147,000, a decrease of 60.8% compared to HK$115,306,000 for the same period in 2022[86]. - The Group's profit for the period was HK$25,477,000, compared to a profit of HK$11,402,000 for the same period in 2022, representing a significant increase[86]. - The total comprehensive income for the period attributable to shareholders was HK$25,477,000, compared to a loss of HK$26,690,000 for the same period in 2022[88]. - Basic and diluted earnings per share for the nine months ended September 30, 2023, were HK$0.48, compared to HK$0.22 for the same period in 2022[88]. - The Group reported an impairment loss on contract assets and accounts receivable of HK$65,285,000 for the nine months ended September 30, 2023, compared to HK$78,879,000 in the same period of 2022[86]. - The Group's administrative expenses for the nine months ended September 30, 2023, were HK$65,285,000, compared to HK$78,879,000 for the same period in 2022, reflecting a reduction in operational costs[86]. - The Group's total revenue for the three months ended September 30, 2023, was HK$10,316,000, down from HK$22,993,000 in the same period of 2022[97]. - The Group's deferred tax for the period was recorded as zero, indicating no tax liabilities incurred during this timeframe[100]. - The Group did not recommend the payment of an interim dividend for the nine months ended September 30, 2023, consistent with the previous year[101]. Investment and Asset Management - As of 30 September 2023, the Group recorded a fair value loss on financial assets at FVTPL of approximately HK$3,608,000 compared to a fair value gain of approximately HK$25,000 in 2022, primarily due to a decrease in the fair value of investments in listed equity securities in Hong Kong[1]. - The Group reported a fair value gain on financial assets at FVTOCI of approximately HK$28,238,000, a significant improvement from a fair value loss of approximately HK$40,993,000 in 2022, mainly attributed to the increase in the fair value of investments in LEO Group Co., Ltd.[1]. - The Group aims to optimize returns from its investment portfolios and create value for shareholders, maintaining its current investment portfolio unless strategic changes or opportunities arise[1]. - Following the loss of control over Jixiang on 31 May 2023, Jixiang was deconsolidated from the Group's financial statements, impacting the Group's overall asset management strategy[1]. - The Group's share of losses from associates changed from a profit of approximately HK$14,058,000 in 2022 to a loss of approximately HK$13,047,000 in 2023[116]. - The Group's financial results from Dynamic Indonesia Holdings ceased to be accounted for in its consolidated financial statements after the Walletku Disposal[135]. Shareholder Information - As of September 30, 2023, substantial shareholder Ng Ting Kit holds 670,280,000 shares, representing approximately 13.00% of the company[28]. - As of September 30, 2023, King's Group Capital Limited holds 288,800,000 shares, representing 5.60% of the total issued shares of 5,156,035,108[35][36]. - During the nine months ended September 30, 2023, the Group repurchased a total of 180,200,000 shares at an aggregate consideration of HK$17,076,460[52][53]. - A total of 180,200,000 shares were repurchased from May 22, 2023, to June 19, 2023, at a total consideration of HK$17,076,460[54]. - The highest price paid per share during the repurchase was HK$0.101, while the lowest was HK$0.083[54]. - The repurchased shares were subsequently cancelled on July 31, 2023[55]. - The maximum entitlement of each participant under the share option scheme is capped at 1% of the total issued shares in any 12-month period[43]. - No options were granted, exercised, cancelled, or lapsed under the existing share option scheme during the nine months ended September 30, 2023[49]. - As of September 30, 2023, there were no outstanding share options under the scheme[49]. Corporate Governance - The company has complied with the Corporate Governance Code provisions during the nine months ended September 30, 2023[60]. - The company is committed to good corporate governance practices to enhance transparency and disclosure quality[60]. - The company has adopted a code of conduct for Directors' securities transactions, ensuring compliance with GEM Listing Rules[59]. - The Board comprises one non-executive Director and two executive Directors, along with three independent non-executive Directors as of the report date[68]. - The Audit Committee, consisting of three independent non-executive Directors, reviewed the financial information for the nine months ended September 30, 2023[67]. - There were no changes in the information of Directors that required disclosure during the term of office[51]. Business Operations and Strategy - The group expects that the stabilization of the global pandemic and the recovery of the labor market will boost domestic consumption, although this may be offset by falling asset prices due to quantitative tightening measures[22]. - The group will continue to implement its business plans and strategies to enhance existing businesses and create value for shareholders[23]. - The Group's principal activities include hospitality services in Australia, network media services, money lending, and asset investments[115]. - The Group aims to regularly review and refine Balgownie's products and services to maintain market competitiveness[127]. - The Group plans to position Balgownie as an integrated resort destination, offering wellness retreats and event-hosting services, with a new restaurant capable of accommodating approximately 270 customers[126]. - A renovation agreement was entered into in July 2023 to improve Balgownie's facilities, which is expected to enhance competitiveness in the market[128]. - Balgownie has partnered with Endota Spa to enhance its offerings, with the day spa opened in June 2022, contributing to additional income through a revenue-sharing model[122]. - The new "Wellness Retreat" product/service launched in collaboration with the Spa Partner is expected to attract more customers to Balgownie[124]. Legal and Financial Liabilities - The outstanding principal amount of a loan to Jixiang is approximately RMB70,893,000 (equivalent to approximately HK$79,216,000), with additional claims including interest and liquidated damages totaling approximately RMB85,186,000 (equivalent to approximately HK$95,187,000) as of 18 November 2019[3]. - The total litigation costs related to the judgment amount to approximately RMB 473,000, with the borrower responsible for about RMB 465,000[9]. - The borrower is required to repay approximately RMB 71,000,000 in principal and related interest within ten days of the judgment, with total interest accrued of about RMB 1,000,000 from June 20, 2019, to September 16, 2019, and a 6% annual interest rate on the principal thereafter[9]. - The Group incurred finance costs of HK$5,081,000 for the nine months ended September 30, 2023, down from HK$6,910,000 in the same period of 2022, indicating improved cost management[86]. - The Group's revenue from other sources, including loan interest income and dividend income, totaled HK$4,215,000 for the nine months ended September 30, 2023, compared to HK$2,325,000 in 2022, reflecting a year-on-year increase[97]. - The Group recorded interest income of approximately HK$4,167,000 from its money lending business, an increase from approximately HK$2,306,000 in 2022, primarily due to an increase in loans granted[146]. - The Group will continue to monitor market conditions to develop its money lending business with prudent credit procedures[146].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部 或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：8081） 二零二三年第三季度業績公佈 恆泰裕集團控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）董事（「董事」） 會（「董事會」）欣然公佈本集團截至二零二三年九月三十日止九個月之未經審核 業績。本公佈載有本公司二零二三年第三季度報告全文，乃符合香港聯合交易 所有限公司GEM證券上市規則（「GEM上市規則」）中有關第三季度業績初步公佈 之附載資料之相關要求。 代表董事會 恆泰裕集團控股有限公司 主席 吳廷浩 香港，二零二三年十一月十日 於本公佈日期，董事會成員包括(i)一名非執行董事，即吳廷浩先生；(ii)兩名執 ...

Financial Performance - For the six months ended June 30, 2023, the Group reported revenue of HK$34,270,000, a decrease of 65.8% compared to HK$100,041,000 for the same period in 2022[11]. - The Group achieved a profit before tax of HK$46,664,000 for the six months ended June 30, 2023, compared to HK$12,409,000 for the same period in 2022, indicating a substantial increase in profitability[11]. - The profit for the period was HK$46,664,000 for the six months ended June 30, 2023, compared to HK$12,409,000 for the same period in 2022, demonstrating a strong turnaround in financial performance[11]. - The total comprehensive income was HK$75,260,000, compared to a loss of HK$16,883,000 in the same period of 2022[13]. - The profit attributable to shareholders for the six months ended June 30, 2023, was HK$46,743,000, a significant increase from HK$12,885,000 in 2022, representing a growth of 263%[13]. - Earnings per share for the six months ended June 30, 2023, were HK$0.87, compared to HK$0.24 in the same period of 2022, reflecting a 262.5% increase[13]. Cost Management - The cost of sales for the six months ended June 30, 2023, was HK$4,835,000, down from HK$71,178,000 in the previous year, reflecting a significant reduction in operational costs[11]. - Administrative expenses decreased to HK$45,905,000 for the six months ended June 30, 2023, from HK$53,800,000 in the same period last year, indicating improved cost management[11]. - The Group's finance costs decreased to HK$3,933,000 for the six months ended June 30, 2023, down from HK$4,680,000 in the same period in 2022, indicating lower borrowing costs[11]. - Staff costs, including directors' emoluments, totaled HK$20,322,000 for the six months ended June 30, 2023, down from HK$23,512,000 in 2022, indicating a reduction of 13.5%[49]. Asset and Liability Management - Total current assets decreased to HK$156,841,000 as of June 30, 2023, from HK$257,817,000 at the end of 2022, a decline of 39%[16]. - Total current liabilities decreased significantly to HK$63,184,000 as of June 30, 2023, from HK$254,982,000 at the end of 2022, a reduction of 75%[18]. - Net current assets increased to HK$93,657,000 as of June 30, 2023, compared to HK$2,835,000 at the end of 2022, indicating a substantial improvement[18]. - The company recorded a decrease in trade and other payables from HK$101,501,000 at the end of 2022 to HK$28,487,000 as of June 30, 2023, a reduction of 72%[18]. - Interest-bearing bank borrowings decreased to HK$33,838,000 from HK$36,829,000, while interest-bearing other borrowings dropped significantly from HK$78,500,000 to HK$9,219,000, resulting in total borrowings of HK$43,057,000 compared to HK$115,329,000[99]. Investment Activities - The net cash flow from investing activities was HK$34,669,000 for the six months ended June 30, 2023, compared to HK$24,353,000 in 2022, indicating an increase in investment activities[25]. - The Group's investments in listed equity securities in the PRC were valued at approximately HK$91,701,000 as of December 31, 2022, but were deemed disposed of during the six months ended June 30, 2023[71]. - The Group's non-current portion of financial assets at fair value through profit or loss (FVTPL) decreased to HK$29,070,000 as of June 30, 2023, down from HK$49,455,000 at the end of 2022[67]. - The Group's investment portfolio mainly comprised securities issued by listed companies as of June 30, 2023[154]. Segment Performance - For the six months ended June 30, 2023, the total segment revenue was HK$34,270,000, with the hospitality segment contributing HK$31,562,000[38]. - The hospitality segment reported a profit of HK$544,000, while the money lending and assets investments segments incurred losses of HK$513,000 and HK$14,607,000 respectively[38]. - Revenue from hospitality and related services in Australia was HK$13,308,000 for the six months ended June 30, 2023, compared to HK$13,856,000 in 2022, reflecting a decline of 3.9%[45]. - Revenue from the segment of services through network media significantly decreased to approximately HK$43,000 in 2023 from HK$67,888,000 in 2022, primarily due to the Walletku Disposal[135]. Strategic Developments - The Group's principal activities include hospitality services in Australia, network media services, money lending, and asset investments[121]. - The Group plans to enhance Balgownie's offerings by regularly reviewing and refining its products, services, and interior design to maintain competitiveness[133]. - The Group expects to launch holistic or alternative healing spa experiences in 2023, pending approval from relevant authorities[127]. - A renovation agreement was entered into in July 2023 for Balgownie, with a third-party contractor set to carry out the renovation work[134]. Shareholder Information - The Group did not recommend the payment of an interim dividend for the six months ended June 30, 2023, consistent with the previous year where no dividend was declared[53]. - The total number of issued and fully paid shares remained at 5,336,235,108 as of June 30, 2023[107]. - The company repurchased 180,200,000 shares at a cost of HK$17,076,000 as of June 30, 2023[109]. Economic Outlook - The global economic conditions remain uncertain, influenced by factors such as quantitative tightening measures and geopolitical tensions, which may affect domestic consumption demand[192]. - The Group will continue to implement its business strategies to enhance competitiveness and create value for shareholders[193].

Financial Performance - The Group reported a revenue of HK$20,042,000 for the three months ended March 31, 2023, a decrease of 65.8% compared to HK$58,603,000 in the same period of 2022[6]. - The Group incurred a loss of approximately HK$11,096,000 for the period, a significant decline from a profit of approximately HK$3,566,000 in the prior year, primarily due to a change in share of results from associates[18]. - Total comprehensive income for the period was HK$19,984,000, compared to a total comprehensive loss of HK$15,683,000 in the same period of 2022[6]. - The loss attributable to shareholders for the period was HK$11,045,000, compared to earnings of HK$3,994,000 in the same period of 2022[152]. - Basic and diluted loss per share for the period was HK$0.21, compared to earnings of HK$0.07 per share in the same period of 2022[144]. Revenue Sources - Revenue from contracts with customers, including hospitality services and food and beverage sales, totaled HK$18,911,000, down 67.2% from HK$57,579,000 in the previous year[147]. - The Group's lending business generated interest income of approximately HKD 1,131,000 for the three months ended March 31, 2023, compared to HKD 1,024,000 in the same period of 2022, reflecting an increase due to a rise in loans issued[32]. - The Group's two platforms, providing micro-lending services and healthcare information, generated approximately HKD 24,000 in revenue for the three months ended March 31, 2023, compared to zero in the same period of 2022[29]. - Revenue from the network media services segment significantly decreased to approximately HK$24,000 from HK$42,788,000 in 2022, primarily due to the Walletku Disposal[163]. - Revenue from the hospitality and related services segment in Australia was approximately HK$18,887,000, an increase of approximately HK$4,096,000 or approximately 27.69% compared to HK$14,791,000 in 2022[160]. Investments and Partnerships - The Group has partnered with Endota Spa to provide day spa services, which is expected to enhance revenue through a percentage of the revenue generated by the Spa Partner[21]. - A new "Wellness Retreat" product/service was launched in collaboration with Endota Spa, featuring wellness packages that include nutrition and calming activities[21]. - The Group intends to maintain its investment portfolio unless there are changes in investment strategy or opportunities to realize existing investments arise[33]. - The Group's overall strategy includes optimizing returns from its investment portfolios and creating value for shareholders[33]. - Dynamic Indonesia Holdings issued a total of 2,000 subscription shares to the first subscriber for a total subscription price of USD 400,000, resulting in ownership stakes of approximately 55.65% and 44.35% for the first and second subscribers, respectively[28]. Operational Highlights - The Group's administrative expenses were HK$24,460,000, slightly higher than HK$24,181,000 in the same period of 2022, reflecting ongoing operational costs[6]. - The Group's hospitality business is focused on providing integrated resort-based travel experiences, including event hosting and dining services[45]. - Balgownie's occupancy rate improved to approximately 80% for the three months ended 31 March 2023, up from 77% in the same period in 2022[47]. - The new restaurant at Balgownie began accepting bookings in February 2022, with a maximum capacity of approximately 270 customers, aimed at enhancing the dining experience and expanding income streams through banquet services[45]. - The Group plans to regularly review and enhance Balgownie's products, services, and interior design to maintain market competitiveness[162]. Legal and Compliance - The Audit Committee reviewed the Group's unaudited condensed consolidated results for the three months ended March 31, 2023, ensuring compliance with applicable accounting standards and GEM Listing Rules[90]. - The Group's entities operating in Hong Kong are subject to a profits tax rate of 16.5%, with no provision made for the current period due to sufficient tax losses carried forward[149]. - The Group has not early adopted any new and revised HKFRSs that have been issued but are not yet effective[146]. - The company has complied with the Corporate Governance Code during the three months ended March 31, 2023[117]. - The company has adopted a code of conduct regarding Directors' securities transactions, with no reported non-compliance during the review period[116]. Future Outlook - The Group's future outlook remains uncertain, heavily influenced by the development of the pandemic and global economic conditions[66]. - The stabilization of the global pandemic situation and the recovery of the labor market are expected to boost domestic consumption demand[66]. - Positive effects on consumption demand may be offset by declines in general asset prices due to quantitative tightening measures and uncertainties from recent economic turmoil and the Russo-Ukrainian War[66]. - The Group will continue to implement its business plans and strategies to enhance existing businesses, aiming for sustainable value creation and investment returns for shareholders[95]. - The Group's management expects continued improvement in the resort's business for the second quarter of 2023[162].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部 或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立並於百慕達存續之有限公司） （股份代號：8081） 二零二三年第一季度業績公佈 恆泰裕集團控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）董事（「董事」） 會（「董事會」）欣然公佈本集團截至二零二三年三月三十一日止三個月之未經審 核業績。本公佈載有本公司二零二三年第一季度報告全文，乃符合香港聯合交 易所有限公司GEM證券上市規則（「GEM上市規則」）中有關第一季度業績初步公 佈之附載資料。 代表董事會 恆泰裕集團控股有限公司 主席 吳廷浩 香港，二零二三年五月十二日 於本公佈日期，董事會成員包括(i)一名非執行董事，即吳廷浩先生；(ii)兩名執 ...

Revenue Generation - The Group generated approximately HK$16,005,000 in revenue from providing administrative and management services to its associate company, Hong Kong Health Check and Medical Diagnostic Centre Limited, during the year ended December 31, 2022[12]. - The Group recorded revenue of approximately HK$134,373,000 for the year ended 31 December 2022, a decrease of 93% compared to HK$1,799,501,000 in 2021 due to the disposal of its entire interest in Concord-Linked Limited and the deemed disposal of Dynamic Indonesia Holdings Limited[26]. - The Group recorded a revenue of approximately HK$63,834,000 in the hospitality and related services segment in Australia for the year, an increase from HK$37,457,000 in 2021[76]. - Revenue from Balgownie improved to approximately HK$63,834,000, up from HK$30,898,000 in 2021, primarily due to the relaxation of COVID-19 restrictions[76]. - Luck Key Group's revenue for the year amounted to approximately HK$410,754,000, representing an increase of approximately 33% compared to HK$308,956,000 in 2021[195]. Profit and Loss - The Group recognized a net gain on disposal of subsidiaries of approximately HK$26,907,000 for the year ended December 31, 2022, following the completion of the first tranche of a subscription agreement[16]. - The profit for the year ended 31 December 2022 was approximately HK$9,925,000, slightly down from HK$10,841,000 in 2021[26]. - The Group recorded a segment loss from its assets investment business of approximately HK$1,856,000 for the year ended December 31, 2022, compared to a segment profit of HK$9,739,000 in 2021[181]. - Profit attributable to shareholders for the year was approximately HK$29,576,000, a decrease from HK$49,707,000 in 2021[195]. Business Activities and Strategy - The Group's principal activities include mobile internet business, hospitality services in Australia, money lending, and asset investments[14]. - The Group's strategic focus includes leveraging partnerships to attract new customers in both leisure and corporate segments[11]. - The Group continues to adopt a diversified business development strategy despite the significant revenue decline[26]. - The Group's strategy includes potential market expansion through the development of new products and services in the digital finance sector[17]. - The Group plans to regularly review and refine its products and services to remain competitive in the market[88]. Hospitality and Wellness Services - The Group launched a new "Wellness Retreat" product/service in partnership with Endota Spa, which includes wellness packages and experiences such as nutrition, meditation, yoga, and pilates[11]. - The new restaurant at Balgownie reached a maximum capacity of approximately 270 customers, allowing the Group to provide banquet services and broaden its income stream[11]. - The Group aims to brand Balgownie as an integrated resort destination for travel and event hosting[11]. - The Group expects to launch holistic or alternative healing spa experiences in 2023, subject to approval from medical practitioners[11]. - Balgownie opened a new day spa in partnership with a Spa Partner, which is expected to generate additional income through rental and product sales[36]. Market Conditions and Recovery - The occupancy rate of Balgownie improved to approximately 75% in the year under review, up from approximately 44% in 2021[27]. - The Group's revenue from the hospitality business segment improved due to the gradual relaxation of COVID-19 restrictions by the Victorian Government[27]. - The Group's revenue from the hospitality sector is expected to improve as restrictions continue to ease and consumer confidence returns[51]. - The Group anticipates continued improvement in business conditions due to strong domestic tourism demand following the government's declaration of the end of the pandemic[137]. Legal and Financial Obligations - The Group is required to transfer 45,779,220 shares of Jixiang to LEO and assist with the acquisition and cancellation of these shares[95]. - The Group must pay LEO cash compensation of RMB9,626,612.92 and damages calculated as 9,626,612.92 x 3.85%/365 x B, where B is the number of days from December 4, 2019, to the date of full payment[95]. - The Group's financial position is under scrutiny due to the inability to settle the Arbitral Awards, raising concerns about its solvency[104]. - The Group's borrowing facilities were secured by freehold land and buildings valued at approximately HK$85,450,000 and financial assets at FVTOCI valued at approximately HK$91,701,000[119]. Investment and Asset Management - The Group's financial assets at FVTOCI decreased from approximately HK$137,978,000 in 2021 to HK$91,701,000 in 2022[119]. - The Group's significant securities investments as of December 31, 2022, included 45,779,220 shares in LEO, representing 0.68% of total assets, with a fair value of HK$91,701,000[184]. - The investment in World Biotech had a fair value of HK$49,455,000, representing 8.3% of total assets, with an unrealized gain of approximately HK$175,000[184]. - The Group completed the sale of 159,720 series B shares of Heals Healthcare (Asia) Limited for US$5,120,623 (approximately HK$39,838,000), representing a 7.69% equity interest[181]. Credit and Lending Operations - The Group's lending business is regulated under the Money Lenders Ordinance (Cap. 163) in Hong Kong, ensuring compliance with local laws[138]. - The Group's credit committee consists of two executive directors, ensuring that loan applications undergo thorough credit assessments before final approval[142]. - The Group's credit assessment process includes verification of identity, income, assets, and credit history[171]. - The Group's loan terms are influenced by prevailing interest rates, borrower backgrounds, and payment records[146]. Future Outlook and Strategic Goals - The Group's focus for 2023 includes maintaining operational resilience, remaining competitive, and exploring new opportunities amid geopolitical and macroeconomic uncertainties[198]. - The Group aims to enhance competitiveness and create long-term value through sustainable business strategies and operational plans[199]. - The Group is committed to supporting market and community prosperity and sustainability while implementing strategic plans[200].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而產生或因 倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立並於百慕達存續之有限公司） 8081 （股份代號： ） 截至二零二二年十二月三十一日止年度 全年業績公佈 恆泰裕集團控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）董事（「董事」）會（「董事 會」）欣然公佈本集團截至二零二二年十二月三十一日止年度之全年業績。本公佈載有本公司 GEM GEM 二零二二年年度報告全文，乃符合香港聯合交易所有限公司 證券上市規則（「 上市規 則」）中有關全年業績初步公佈附載資料之相關要求。 承董事會命 恆泰裕集團控股有限公司 主席 吳廷浩 ...

Financial Performance - For the nine months ended September 30, 2022, the Group reported revenue of HK$115,306,000, a decrease from HK$1,335,991,000 in the same period of 2021, representing a decline of approximately 91.4%[12] - The Group's profit before tax for the three months ended September 30, 2022, was HK$11,402,000, compared to a loss of HK$93,424,000 in the same period of 2021[12] - The total comprehensive income for the period attributable to shareholders was a loss of HK$26,097,000 for the nine months ended September 30, 2022, compared to a loss of HK$91,634,000 in the same period of 2021[14] - Basic earnings per share for the nine months ended September 30, 2022, was HK$0.22, compared to a loss per share of HK$1.19 in the same period of 2021[14] - The Group recorded other comprehensive income for the period of HK$38,092,000, compared to HK$27,241,000 in the same period of 2021[14] - The Group's total revenue, other income, and gains for the three months ended September 30, 2022, was HK$22,993,000, a decrease from HK$482,743,000 in 2021[25] - The Group reported a profit of approximately HK$11,402,000 for the nine months ended 30 September 2022, a turnaround from a loss of approximately HK$93,424,000 in the same period of 2021[43] - The Group's total equity as of 30 September 2022 was HK$295,844,000, compared to HK$207,224,000 as of 30 September 2021[40] Revenue Breakdown - Total revenue for the nine months ended September 30, 2022, was HK$131,309,000, a decrease of 90.3% compared to HK$1,347,375,000 for the same period in 2021[25] - Revenue from IT services and maintenance was HK$1,206,212,000 in 2021, with no revenue reported for 2022[25] - Revenue from retail commerce through network media decreased to HK$67,888,000 in 2022 from HK$95,917,000 in 2021, representing a decline of 29.2%[25] - Hospitality and related services revenue increased to HK$19,974,000 in 2022 from HK$13,978,000 in 2021, marking a growth of 43.0%[25] - Revenue from the mobile internet business segment decreased by approximately 95%, totaling approximately HK$67,888,000 compared to HK$1,302,129,000 in 2021[44] - Revenue from the hospitality and related services segment in Australia was approximately HKD 45,093,000, up from HKD 28,467,000 in 2021, reflecting a significant recovery[74] - Balgownie’s revenue increased to approximately HKD 45,093,000 from HKD 21,862,000 in 2021, primarily due to the gradual easing of restrictions by the Victorian Government[74] Cost Management - The Group's administrative expenses for the nine months ended September 30, 2022, were HK$78,879,000, compared to HK$212,603,000 in the same period of 2021, indicating a reduction of approximately 62.9%[12] - The finance costs for the nine months ended September 30, 2022, were HK$6,910,000, compared to HK$21,637,000 in the same period of 2021, reflecting a decrease of approximately 68.1%[12] - The Group's loss on disposals of financial assets at fair value through profit and loss was HK$9,034,000 for the nine months ended September 30, 2022[12] Dividends and Taxation - The Group did not recommend the payment of an interim dividend for the nine months ended September 30, 2022, consistent with the previous year[29] - The Group's entities in Hong Kong are subject to a profits tax rate of 16.5%, with no provision made for the current period due to sufficient tax losses carried forward[28] - The Group's entities operating in the PRC, Australia, and Indonesia are subject to tax rates of 15% or 25%, 30%, and 22%, respectively[28] Strategic Developments - The Group's principal activities included mobile internet business, hospitality services in Australia, money lending, and asset investments[42] - The Group's new strategy includes expanding its digital wallet services through the Walletku application in Indonesia, which facilitates online and offline payments[56] - The Group plans to introduce a "Wellness Retreat" product/service in collaboration with Endota Spa, expected to launch in Q4 2022, featuring wellness packages and experiences[63][65] - The Group aims to maintain financial health and resilience amid global economic uncertainties and geopolitical tensions[113] - The Group will continue to implement its business plans and strategies to enhance existing businesses and create shareholder value[120] Corporate Governance - The Group's unaudited condensed consolidated results for the nine months ended 30 September 2022 have been reviewed by the Audit Committee, confirming compliance with applicable accounting standards and GEM Listing Rules[159] - The Company has complied with the Corporate Governance Code provisions during the nine months ended 30 September 2022[157] - The Audit Committee consists of three independent non-executive Directors, ensuring oversight of financial reporting and internal controls[157] - The Company is committed to good corporate governance practices to enhance transparency and internal control[157] Shareholder Information - As of September 30, 2022, Mr. Ng holds 763,780,000 shares, representing 14.31% of the total issued shares[126] - Mr. Ng also has an interest in a controlled corporation, King's Group Capital Limited, which holds 345,660,000 shares, accounting for 6.48%[126] - The total issued shares as of September 30, 2022, is 5,336,235,108 shares[131] - No share options were granted under the existing scheme limit during the nine months ended September 30, 2022[140]

Financial Performance - The Group reported revenue of HK$100,041,000 for the six months ended June 30, 2022, a decrease of 88.3% compared to HK$856,632,000 in the same period of 2021[10]. - The profit before tax for the six months ended June 30, 2022, was HK$12,409,000, compared to a loss of HK$64,501,000 in the same period of 2021[10]. - The Group's total comprehensive income for the period attributable to shareholders was a loss of HK$16,883,000, compared to a loss of HK$99,438,000 in the same period of 2021[12]. - Basic earnings per share for the six months ended June 30, 2022, was HK$0.24, compared to a loss of HK$0.85 in the same period of 2021[12]. - For the six months ended June 30, 2022, the company reported a profit attributable to shareholders of HK$12,885,000, compared to a loss of HK$45,532,000 in the same period of 2021[63]. - The Group reported a profit of approximately HK$12,409,000 for the six months ended 30 June 2022, a turnaround from a loss of approximately HK$64,501,000 in 2021[129]. Revenue Breakdown - The mobile internet business generated revenue of HK$67,888,000 for the six months ended June 30, 2022, compared to HK$827,972,000 in 2021, reflecting a decrease of about 91.8%[44]. - The hospitality and related services segment in Australia reported revenue of HK$30,645,000 for the first half of 2022, down from HK$25,115,000 in 2021, indicating an increase of approximately 22.5%[43]. - The lending business generated revenue of HK$1,508,000 in the first half of 2022, a decrease from HK$3,545,000 in the same period of 2021, representing a decline of about 57.5%[48]. - Revenue from the mobile internet business segment decreased by approximately 92% to HK$67,888,000, down from HK$827,972,000 in 2021[130]. - The Group recorded revenue of approximately HK$30,645,000 from its hospitality and related services in Australia, an increase from HK$25,115,000 in 2021[158]. Expenses and Costs - The Group's administrative expenses for the six months ended June 30, 2022, were HK$53,800,000, down from HK$139,040,000 in the same period of 2021[10]. - The total depreciation and amortization for the period was HK$5,803,000, compared to HK$30,306,000 in the same period of 2021, indicating a significant reduction in expenses[44]. - The cost of sales for the six months ended June 30, 2022, was HK$70,822,000, significantly higher than HK$2,961,000 in 2021, indicating a substantial increase in inventory costs[51]. - Staff costs, including directors' emoluments, amounted to HK$23,003,000 for the six months ended June 30, 2022, compared to HK$623,064,000 in 2021, reflecting a decrease in overall employee expenses[51]. Cash Flow and Liquidity - Net cash flow from operating activities for the six months ended June 30, 2022, was HK$19,853,000, compared to a cash outflow of HK$14,883,000 in the same period of 2021[22]. - The net increase in cash and cash equivalents for the period was HK$21,588,000, compared to a decrease of HK$13,082,000 in the same period of 2021[25]. - Cash and cash equivalents at the end of the period amounted to HK$34,762,000, down from HK$73,698,000 at the end of the previous year[27]. - The Group reported net current liabilities of approximately HK$7,267,000 as of June 30, 2022, but continues to operate as a going concern due to ongoing financial support from a substantial shareholder[29]. Assets and Liabilities - Total non-current assets decreased from HK$399,281,000 as of December 31, 2021, to HK$372,419,000 as of June 30, 2022, representing a decline of approximately 6.7%[14]. - Current assets decreased from HK$258,613,000 as of December 31, 2021, to HK$219,740,000 as of June 30, 2022, a reduction of about 15%[14]. - Total current liabilities decreased from HK$277,300,000 as of December 31, 2021, to HK$227,007,000 as of June 30, 2022, indicating a decline of approximately 18.2%[16]. - Net assets decreased from HK$317,811,000 as of December 31, 2021, to HK$305,651,000 as of June 30, 2022, reflecting a decline of about 3.8%[16]. - The Group's interest-bearing bank borrowings decreased from HK$40,710,000 on December 31, 2021, to HK$38,017,000 on June 30, 2022, reflecting a reduction in debt levels[100]. Investments and Financial Assets - The Group's investments in listed equity securities at FVTOCI amounted to approximately HK$104,025,000, a decrease of 24.6% from HK$137,978,000 as of December 31, 2021[74]. - The Group's total financial assets at FVTPL increased to HK$103,743,000 as of June 30, 2022, from HK$89,051,000 as of December 31, 2021, marking a rise of 16.3%[74]. - The Group's unlisted investments at fair value remained stable at approximately HK$79,971,000 as of June 30, 2022, compared to HK$79,456,000 as of December 31, 2021[74]. - The Group's investment in Heals Healthcare (Asia) Limited, representing approximately 7.69% equity interest, had an investment cost of approximately HK$38,962,000 and a fair value of approximately HK$39,205,000 as of June 30, 2022[188]. Strategic Outlook and Future Plans - The company aims to enhance its market presence through the expansion of its hospitality services in Australia and the development of its mobile internet business[49]. - Future strategies include focusing on improving operational efficiency and exploring potential mergers and acquisitions to strengthen market position[49]. - The Group plans to launch a new "Wellness Retreat" product/service in September 2022, which will include holistic healing, nutrition, and calming activities[145]. - The Group's future outlook includes potential expansion in the digital wallet and e-commerce sectors in Indonesia through Dynamic Indonesia Holdings[138]. Segment Performance - The Group has four reportable operating segments: mobile internet business, hospitality services in Australia, money lending business, and assets investments business[36]. - The Group's hospitality business in Australia operated through the Balgownie Estate Vineyard Resort & Spa Yarra Valley during the review period[139]. - Balgownie’s revenue rose to approximately HKD 30,645,000, up from HKD 18,404,000 in 2021, primarily due to the gradual easing of restrictions by the Victorian Government[158]. Challenges and Market Conditions - The Group's mobile internet business faced challenges due to the forced sale of its subsidiary, impacting revenue significantly[132]. - Balgownie was forced to close for a total of 120 days in 2021 due to lockdowns, significantly impacting the Group's performance in the hospitality sector[163]. - Consumer confidence was impacted in January 2022, leading to cancellations of room bookings and corporate events at Balgownie[164].

Financial Performance - Revenue for the three months ended March 31, 2022, was HK$58,527,000, a decrease of 84.5% compared to HK$378,555,000 for the same period in 2021[15] - Cost of sales for the same period was HK$43,891,000, down from HK$347,680,000, reflecting a significant reduction in operational costs[15] - Profit before tax for the period was HK$3,566,000, compared to a loss of HK$46,624,000 in the previous year, indicating a turnaround in financial performance[15] - Profit attributable to shareholders was HK$3,994,000, a recovery from a loss of HK$32,914,000 in the same quarter of 2021[18] - Basic and diluted earnings per share for the period were HK$0.07, compared to a loss per share of HK$0.62 in the prior year[18] - Total comprehensive income for the period was a loss of HK$15,683,000, compared to a loss of HK$44,904,000 in the previous year, showing improvement[15] - Total revenue, other income, and gains for the three months ended March 31, 2022, amounted to HK$62,864,000, a decrease of 83.5% compared to HK$381,028,000 for the same period in 2021[29] - Revenue from contracts with customers was HK$57,503,000 for the three months ended March 31, 2022, down 84.7% from HK$376,266,000 in 2021[29] - Earnings attributable to shareholders for the period were HK$3,994,000, a significant recovery from a loss of HK$32,914,000 in the same period of 2021[36] - The Group's total comprehensive income for the period was approximately HK$3,994,000, compared to a loss of approximately HK$15,157,000 in the previous year[46] - The Group's accumulated losses at March 31, 2022, were approximately HK$716,989,000[46] - The Group's total equity at March 31, 2022, was approximately HK$297,127,000[46] Operational Strategy - The Group's operational strategy appears to be focused on cost reduction and improving profitability, as evidenced by the significant decrease in both revenue and costs[15] - The Group's financial performance reflects a challenging market environment, necessitating strategic adjustments moving forward[30] - Following the completion of the Forced Sale in December 2021, the Group aims to reallocate resources to enhance existing businesses and explore online and offline healthcare services[109] - The Group plans to maintain its focus on financial performance to generate greater value for shareholders[102] - The Group's focus on reallocating resources is seen as an opportunity to mitigate losses from the CL Borrower Group[109] Hospitality and Related Services - Balgownie generated revenue of approximately HK$14,791,000 in the review period, an increase from HK$9,660,000 in 2021, attributed to the relaxation of COVID-19 restrictions[64] - The new restaurant at Balgownie opened to the public in February 2022, enhancing income generation from external customers[61] - Balgownie plans to launch a new "Wellness Retreat" service in partnership with Endota Spa, expected to attract more customers[56] - The Group's hospitality segment revenue improved due to the gradual relaxation of government restrictions in Victoria[64] - Balgownie consists of a 29-hectare freehold land with a 7-hectare vineyard and 70 luxury accommodation rooms[55] - The new day spa at Balgownie is expected to open by the end of Q2 2022, generating additional income[56] - The new restaurant, along with the existing banquet center, can accommodate approximately 270 guests, allowing the group to offer banquet services for events such as weddings[65] - Balgownie's occupancy rate for the three months ended March 31, 2022, was approximately 77%, an improvement from approximately 67% in the same period in 2021[82] - The group recorded revenue of approximately HKD 14,791,000 for the hospitality and related services segment in Australia, compared to HKD 14,740,000 in the previous year[66] - Balgownie's revenue increased to approximately HKD 14,791,000, up from HKD 9,660,000 in the previous year, primarily due to the gradual easing of restrictions by the Victorian Government[66] - Balgownie was closed for a total of 120 days in 2021 due to COVID-19 restrictions, significantly impacting the group's hospitality business performance in Australia[72] Corporate Governance - The Company has adopted a code of conduct regarding Directors' securities transactions, with no known non-compliance during the review period[135] - The Audit Committee consists of three independent non-executive Directors, responsible for reviewing the Group's financial information and internal control procedures[137] - The Company has complied with the Corporate Governance Code provisions during the three months ended March 31, 2022[136] - The Group has made adequate disclosures in its financial reporting for the three months ended 31 March 2022[143] - The report was issued on 13 May 2022, reflecting the Group's commitment to timely reporting[144] - The Audit Committee's review confirms that the financial results are prepared in accordance with applicable accounting standards[143] - The Group's governance structure includes a clear delineation of roles among executive and non-executive directors[144] Market Conditions and Opportunities - Indonesia's smartphone market is the fourth largest globally, with a population of approximately 270 million, over 60% of whom own smartphones[108] - More than 50% of Indonesia's population is unbanked, indicating a significant demand for digital payment solutions[108] - The COVID-19 pandemic has accelerated the growth of digital payments and e-commerce in Indonesia, enhancing the potential for the Group's Walletku platform[108] - The Group recognizes the significant growth potential in the Indonesian retail and e-commerce market, driven by the increasing adoption of digital payment solutions[112] - The Group plans to expand the customer base of Walletku, its payment application and e-commerce platform in Indonesia, capitalizing on the country's smartphone penetration of over 60% among its 270 million population[112] - The COVID-19 pandemic has accelerated the growth of digital payments and e-commerce in Indonesia, presenting further opportunities for the Group[112] Financial Reporting and Compliance - The financial results were prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance with applicable regulations[20] - The Group did not adopt any new or revised Hong Kong Financial Reporting Standards that would have a significant impact on the financial statements[25] - The Group has not early adopted any new HKFRSs that are not yet effective, which may impact future financial statements[23] - The weighted average number of ordinary shares in issue for calculating earnings per share remained unchanged at 5,336,235,108 for both 2022 and 2021[39] - No interim dividend was recommended for the three months ended March 31, 2022, consistent with the previous year[32] Investment and Financial Health - The Group's investment strategy will remain unchanged unless there are opportunities to realize existing investments in securities[90] - The outstanding principal amount of a loan from Essence Securities Co., Limited is approximately RMB70,893,000 (equivalent to approximately HK$79,216,000)[91] - The Group's total claims related to the loan breach amounted to approximately RMB85,186,000 (equivalent to approximately HK$95,187,000) as of November 18, 2019[91] - The total amount claimed by the Lender, including principal, interest, and liquidated damages, was approximately RMB 85.2 million as of November 18, 2019[96] - The Group's financial health and resilience are crucial to overcoming future challenges amid global economic volatility[102]