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 或因倚賴該等內容而引致的任何損失承擔任何責任。 OOH Holdings Limited 奧 傳 思 維 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8091） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 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，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，於GEM買賣的證券可能會較於聯交所 主板買賣的證券承受較大的市場波動風險，同時無法保證於GEM買賣的證券 會有高流通量的市場。 本公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 在提供有關奧傳思維控股有限公司（「本公司」）的資料；本公司的董事（「董事」） 願就本公告的資料共同及 ...

Financial Performance - For the three months ended December 31, 2022, the company reported revenue of HKD 12,041,000, a decrease of 33.3% compared to HKD 18,025,000 for the same period in 2021[3] - The gross profit for the same three-month period was HKD 4,823,000, down 49.3% from HKD 9,511,000 in the previous year[3] - The company incurred a loss before tax of HKD 700,000 for the three months ended December 31, 2022, compared to a profit of HKD 3,345,000 in the same period of 2021[3] - For the nine months ended December 31, 2022, total revenue was HKD 33,135,000, a decline of 23.4% from HKD 43,303,000 in the prior year[3] - The net loss attributable to the owners of the company for the nine months was HKD 5,082,000, compared to a profit of HKD 2,537,000 in the same period of 2021[3] - The company's basic and diluted loss per share for the nine months was HKD 0.71, compared to earnings of HKD 0.35 in the previous year[3] - The group reported a net loss attributable to shareholders of HKD 870,000 for the three months ended December 31, 2022, compared to a profit of HKD 2,874,000 for the same period in 2021[28] - The company recorded a loss attributable to owners of approximately HKD 5.1 million for the nine months ended December 31, 2022, compared to a profit of about HKD 2.5 million in the same period of 2021[42] Revenue Breakdown - Revenue for the nine months ended December 31, 2022, was HKD 33,135,000, a decrease of 23.4% compared to HKD 43,303,000 for the same period in 2021[12] - The transportation media segment generated HKD 33,020,000 in revenue for the nine months ended December 31, 2022, compared to HKD 42,541,000 in the same period of 2021, reflecting a decline of 22.4%[17] - The healthcare media segment contributed HKD 38,000 in revenue for the nine months ended December 31, 2022, significantly lower than HKD 452,000 in the same period of 2021[17] - Bus advertising revenue fell by approximately 20.9% from about HKD 40.1 million to about HKD 31.7 million, primarily due to a decrease in election advertising activities and government tender projects[35] - Taxi advertising revenue decreased by approximately 61.1% from about HKD 1.8 million to about HKD 0.7 million, also due to reduced election advertising activities and government tender projects[35] Cost and Expenses - The gross profit for the nine months ended December 31, 2022, was HKD 11,747,000, down from HKD 19,662,000 in the same period of 2021, indicating a decrease of 40.3%[17] - The gross margin for the nine months ended December 31, 2022, was approximately 35.4%, down from 45.4% in the same period of 2021[17] - Administrative expenses decreased by approximately 4.5% from about HKD 11.2 million to about HKD 10.7 million, mainly due to reduced employee benefits and business entertainment expenses in response to COVID-19[40] - Sales expenses decreased by approximately 3.7% from about HKD 5.4 million to about HKD 5.2 million, primarily due to reduced commissions paid to the sales team[39] - The company's financing costs increased to HKD 449,000 for the three months ended December 31, 2022, compared to HKD 344,000 in the previous year[3] Market Conditions and Future Outlook - The group experienced a decline in overall revenue primarily due to the impact of the fifth wave of COVID-19 and social distancing measures implemented by the Hong Kong government[32] - The Hong Kong economy is expected to recover in 2023, with GDP growth anticipated as quarantine measures for inbound travelers are lifted, potentially increasing advertising spending[44] - The total population of Hong Kong decreased by 1.6% to 7.29 million, marking the largest decline since 1961, which may impact the labor force[44] - The company plans to explore new strategies for market expansion and product development to improve future performance[16] Corporate Governance - The company has complied with the corporate governance code, except for the separation of roles between the Chairman and CEO, which is currently held by Ms. Zhou[60] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited condensed consolidated financial statements for the nine-month period ending December 31, 2022[61] - The company has maintained a high level of corporate governance to protect shareholder interests and enhance corporate value[60] - There were no interests or conflicts reported by directors or major shareholders in any competing businesses during the nine-month period[57] - The company has confirmed full compliance with the trading standards for directors during the nine-month period ending December 31, 2022[58] Shareholder Information - As of December 31, 2022, Goldcore and Ms. Zhou hold a combined 38.70% of the company's shares, totaling 278,640,000 shares[52] - AL Capital Limited and Mr. Liu also hold 19.44% of the shares, amounting to 139,968,000 shares[52] - Silver Pro and its associated parties own 13.05% of the shares, which is 93,960,000 shares[52] - No share buybacks or repurchases were conducted by the company or its subsidiaries during the nine-month period ending December 31, 2022[55] - The company has not granted, exercised, canceled, or allowed any stock options to lapse since the adoption of the stock option plan in December 2016[56]

Financial Performance - For the three months ended September 30, 2022, the company reported revenue of HKD 10,932,000, a decrease of 18.9% compared to HKD 13,479,000 for the same period in 2021[2] - The gross profit for the six months ended September 30, 2022, was HKD 6,924,000, down 31.8% from HKD 10,151,000 in the prior year[2] - The company incurred a net loss of HKD 4,212,000 for the six months ended September 30, 2022, compared to a loss of HKD 7,000 for the same period in 2021[2] - Basic and diluted loss per share for the six months ended September 30, 2022, was HKD 0.59, compared to a loss of HKD 0.05 in the previous year[2] - Revenue for the six months ended September 30, 2022, was HKD 21,094,000, a decrease of 16.4% from HKD 25,278,000 in the same period of 2021[15] - The company reported a decrease in other income and gains to HKD 872,000 for the six months ended September 30, 2022, from HKD 1,451,000 in the previous year[2] - The company incurred a loss before tax of HKD 3,752,000 for the six months ended September 30, 2022, compared to a profit of HKD 552,000 in the same period of 2021[6] - Total revenue from external customers for the six months ended September 30, 2022, was HKD 21,094,000, a decrease from HKD 25,278,000 for the same period in 2021, representing a decline of approximately 16.5%[20] - Gross profit for the six months ended September 30, 2022, was HKD 6,924,000, down from HKD 10,151,000 in the previous year, indicating a decrease of about 31.5%[20] - The company reported an operating loss before tax of HKD 3,752,000 for the six months ended September 30, 2022, compared to a profit of HKD 552,000 for the same period in 2021[20] Assets and Liabilities - Total assets as of September 30, 2022, were HKD 72,178,000, an increase from HKD 67,249,000 as of March 31, 2022[3] - The company's total equity decreased to HKD 45,832,000 from HKD 50,044,000 as of March 31, 2022[3] - The company's cash and bank balances decreased to HKD 34,173,000 from HKD 37,019,000 over the same period[3] - Non-current assets increased to HKD 45,982,000 as of September 30, 2022, compared to HKD 36,530,000 as of March 31, 2022[3] - The net current assets as of September 30, 2022, were approximately HKD 26.2 million, down from about HKD 30.7 million as of March 31, 2022[60] Cash Flow - Operating cash flow for the six months ended September 30, 2022, was HKD 8,712,000, an increase of 17.4% compared to HKD 7,420,000 in the same period of 2021[6] - The company reported a net cash inflow from investment activities of HKD 2,800,000, down from HKD 7,179,000 in the previous year, representing a decline of 61.0%[7] - The total cash and cash equivalents at the end of the period was HKD 22,904,000, a decrease from HKD 32,537,000 at the end of the previous year[7] - The group’s bank and cash balance was 17,085,000 HKD as of September 30, 2022, down from 19,802,000 HKD as of March 31, 2022[45] Revenue Breakdown - Revenue from advertising display services in Hong Kong for the six months was HKD 21,042,000, down 16.6% from HKD 25,134,000 in the same period of 2021[15] - Revenue from bus advertising decreased by approximately 13.8% from about HKD 23.2 million to about HKD 20.0 million, primarily due to a reduction in election advertising activities and government tender projects[50] - Taxi advertising revenue fell by approximately 50.0% from about HKD 1.2 million to about HKD 0.6 million, mainly due to decreased revenue from government tender projects[50] Expenses - The company’s administrative expenses for the six months ended September 30, 2022, were HKD 7,296,000, slightly down from HKD 7,358,000 in the prior year[2] - The total cost of sales for the six months ended September 30, 2022, was HKD 14,170,000, compared to HKD 15,127,000 in the previous year, reflecting a decrease of about 6.3%[20] - Selling expenses increased by approximately 16.1% from about HKD 3.0 million to about HKD 3.5 million, primarily due to changes in commission and bonus arrangements leading to increased employee costs[55] Shareholder Information - The company’s major shareholders include Ms. Zhou with a 38.70% stake and Mr. Shi with a 13.05% stake in the company[77] - As of September 30, 2022, Goldcore holds 278,640,000 shares, representing 38.70% of the total shares[82] - AL Capital Limited owns 139,968,000 shares, accounting for 19.44% of the total shares[82] - Silver Pro has 93,960,000 shares, which is 13.05% of the total shares[82] Governance and Compliance - The company has complied with the corporate governance code during the six-month period, except for the separation of roles between the Chairman and CEO[91] - All directors confirmed compliance with trading standards during the six-month period ending September 30, 2022[90] - The Audit Committee consists of three independent non-executive directors, with Mr. Lin Youfeng as the chairman, ensuring compliance with GEM listing rules[92] - The Audit Committee's main responsibilities include providing independent opinions on the effectiveness of the financial reporting system, internal controls, and risk management[92] Future Outlook - The Hong Kong government announced the easing of quarantine requirements for inbound travelers, which is expected to boost local economic conditions and advertising budgets[74] - External factors such as US interest rate hikes and geopolitical risks may impact the company's investment and expansion strategies[74] - The company is considering reallocating resources from underperforming segments to maximize the utility of the raised funds[71]

Financial Performance - The company's revenue for the three months ended June 30, 2022, was HKD 10,162,000, a decrease of 13.8% from HKD 11,799,000 in the same period of 2021[2] - Gross profit for the same period was HKD 2,991,000, down 33.0% from HKD 4,465,000 year-on-year[2] - The net loss for the three months ended June 30, 2022, was HKD 2,096,000, compared to a net loss of HKD 1,080,000 in the prior year, representing an increase in loss of 94.3%[2] - Basic and diluted loss per share for the period was HKD 0.29, compared to HKD 0.15 in the same period of 2021[2] - Revenue from advertising display services was HKD 10,134,000, down from HKD 11,655,000 year-on-year, indicating a decline of 13.0%[13] - Revenue from bus advertising was HKD 9,751,000, a decrease of 11.4% from HKD 11,011,000 in the previous year[13] - Revenue from taxi advertising dropped to HKD 187,000, down 46.8% from HKD 352,000 year-on-year[13] - The company reported a loss before tax of HKD 1,814,000 for the three months ended June 30, 2022, compared to a loss of HKD 1,020,000 for the same period in 2021, reflecting a worsening financial performance[19] - The company recorded a loss attributable to owners of approximately HKD 2.1 million for the three months ended June 30, 2022, compared to a loss of about HKD 1.1 million in the same period of 2021[41] - Total revenue decreased by approximately 13.6% from about HKD 11.8 million in the three months ended June 30, 2021, to about HKD 10.2 million in the same period of 2022[34] Equity and Assets - The company's total equity as of June 30, 2022, was HKD 47,948,000, down from HKD 51,657,000 at the end of the previous period[3] - The total designated non-current assets as of June 30, 2022, amounted to HKD 37,912,000, an increase from HKD 36,530,000 as of March 31, 2022[16] Advertising Revenue Breakdown - The gross profit for the logistics advertising business was HKD 2,980,000, while the total gross profit for the group was HKD 2,991,000, indicating a slight decrease in profitability[19] - Bus advertising revenue fell by approximately 11.0% from about HKD 11.0 million to about HKD 9.8 million, primarily due to a decrease in election advertising activities[34] - Taxi advertising revenue decreased by approximately 50.0% from about HKD 0.4 million to about HKD 0.2 million, mainly due to reduced government tender project revenue[34] - The logistics advertising business generated no revenue for the three months ended June 30, 2022, compared to approximately HKD 30,000 in the same period of 2021[35] - Revenue from other types of advertising services increased from about HKD 67,000 to about HKD 186,000, mainly due to a one-time roadshow event[35] Government Support and Costs - The company received government subsidies of HKD 192,000 under the Employment Support Scheme, aimed at supporting employee salaries during the pandemic[23] - The financing cost for the three months ended June 30, 2022, was HKD 337,000, a slight decrease from HKD 363,000 in the previous year[25] - Administrative expenses decreased by approximately 5.3% from about HKD 3.8 million to about HKD 3.6 million, attributed to reduced employee benefits and business entertainment expenses[39] Shareholding and Corporate Governance - As of June 30, 2022, the company’s major shareholder, Goldcore Global Investments Limited, holds 278,640,000 shares, representing 38.70% of the total shares[51] - Mr. Liu Zhi Cheng and AL Capital Limited own 139,968,000 shares, which accounts for 19.44% of the total shares[51] - Mr. Shi Guan Ju and Silver Pro Investments Limited possess 93,960,000 shares, equivalent to 13.05% of the total shares[51] - The shareholding structure indicates that the top two shareholders collectively control over 57% of the company[51] - The company has adopted a share option plan to incentivize selected participants for their contributions[55] - The company has adhered to the corporate governance code as per GEM listing rules, with a noted deviation regarding the roles of the Chairman and CEO being held by the same individual, Ms. Zhou[59] - The Audit Committee, consisting of three independent non-executive directors, has been established to oversee the effectiveness of the financial reporting system and internal controls[60] - The board includes experienced directors, ensuring a balance of power and authority in decision-making processes[59] - The company emphasizes the importance of independent opinions in financial reporting and risk management systems[60] - The board will continue to meet regularly to discuss matters affecting the company's operations[59] Market Conditions and Future Outlook - The local GDP contracted by 4.0% year-on-year, reversing the growth trend of the previous four quarters[43] - The company anticipates some economic recovery as local pandemic conditions improve and cross-border transport restrictions are gradually eased[43] - The company aims to expand its advertising services across various platforms, focusing on enhancing its operational capabilities in the logistics and healthcare sectors[17] - The company has not disclosed any new product developments or market expansion strategies in the current report[2]

Business Performance - The company maintained its business activities during the pandemic, with transportation business revenue showing growth in the first half of the fiscal year[6]. - The group's total revenue increased by approximately 17.6% from about HKD 47.2 million for the year ended March 31, 2021, to about HKD 55.5 million for the year ended March 31, 2022[13]. - Revenue from bus advertising rose by approximately 18.3% from about HKD 43.8 million to about HKD 51.8 million, driven by improved market conditions and increased government tender projects[13]. - Taxi advertising revenue increased by approximately 38.5% from about HKD 1.3 million to about HKD 1.8 million, primarily due to direct advertising client growth[13]. - The company continues to focus on outdoor advertising, particularly in the transportation media sector, despite market challenges[5]. Financial Overview - The gross profit margin improved by approximately 12 percentage points from about 32.0% to about 44.0%, mainly due to the increase in bus advertising gross margin[15]. - Selling expenses rose by 22.8% from about HKD 5.7 million to about HKD 7.0 million, attributed to increased commissions paid to the sales team due to revenue growth[19]. - Administrative expenses increased by approximately 2.7% from about HKD 14.6 million to about HKD 15.0 million, mainly due to increased employee welfare expenses related to COVID-19[20]. - The group recorded a loss attributable to owners of approximately HKD 3.1 million for the year ended March 31, 2022, compared to a loss of about HKD 4.7 million in the previous year[23]. - The group had no bank borrowings as of March 31, 2022, maintaining an asset-liability ratio of 0%[25]. Advertising and Marketing Strategies - The company entered into an exclusive cooperation agreement with New Lantau Bus for advertising space starting September 1, 2021, which has led to healthy growth in the number of advertisers[9]. - The company has introduced new advertising packages bundling its media platforms with the New Lantau Bus advertising platform to enhance advertiser awareness[9]. - The company has secured exclusive contracts for advertising space on at least 100 tour buses and additional taxis, expanding its advertising reach[37]. - The company is focused on expanding its media platforms and enhancing customer relationships to promote advertising services[52]. - The management team has set annual sales targets for the advertising platforms, aiming for growth in revenue[52]. Corporate Governance - The company has a strong emphasis on corporate governance, with independent directors providing oversight and strategic guidance[46]. - The board of directors consists of two executive directors, one non-executive director, and three independent non-executive directors as of March 31, 2022[57]. - The company has established four committees: audit, remuneration, nomination, and corporate governance, to oversee specific areas of the company's affairs[73]. - The audit committee is currently composed entirely of independent non-executive directors, ensuring independence in oversight[74]. - The company has confirmed the independence of all independent non-executive directors according to GEM Listing Rules[62]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to integrating environmental, social, and governance (ESG) elements into its business strategy and planning[109]. - The board of directors is responsible for overseeing the company's ESG performance and regularly reviews significant ESG issues[109]. - The company has implemented measures to reduce energy consumption, including turning off lights and air conditioning at night and during office closures, and promoting paperless processes[120]. - The total greenhouse gas emissions for the year were approximately 67.37 tons, a decrease from 85.43 tons in the previous year, primarily due to the implementation of work-from-home policies during the COVID-19 outbreak[120]. - The company promotes a paperless environment, implementing double-sided printing and regular monitoring of printer usage to reduce paper consumption[124]. Employee Management and Welfare - The employee count decreased from 37 to 27, with employee costs around HKD 15.7 million for the year ending March 31, 2022[39]. - The company emphasizes employee health and well-being, providing benefits such as medical subsidies and competitive additional benefits[137]. - The company has implemented various employee activities to promote a healthy work-life balance, including company lunches and holiday gatherings[137]. - There have been no reported work-related fatalities in the past three reporting years, indicating a strong commitment to workplace safety[138]. - The company has established a thorough recruitment process to prevent child labor and forced labor, ensuring compliance with relevant laws[141]. Risk Management - The company faces various risks, including economic downturns, regulatory changes, and competition, which may impact its financial performance and business outlook[159]. - The board is responsible for monitoring the design, implementation, and overall effectiveness of the risk management and internal control systems[91]. - The company has adopted an information disclosure policy in accordance with the guidelines issued by the Securities and Futures Commission, ensuring compliance with GEM listing rules[92]. - The company has established comprehensive arrangements for extreme weather conditions to ensure employee safety and business continuity[132]. - The company is monitoring potential transition risks related to climate change, including shifts in customer demand from traditional print media to digital platforms[133]. Shareholder Information - The company has established a share option plan to incentivize selected participants, with a total number of shares available for issuance not exceeding 10% of the issued shares at the time of listing, which is 72,000,000 shares[183]. - The total number of shares that may be issued under the share option plan within any 12-month period cannot exceed 1% of the issued shares unless approved by shareholders[186]. - As of March 31, 2022, the company’s major shareholders include Ms. Zhou, who holds 278,640,000 shares, representing 38.70% of the total shares[188]. - The company and its subsidiaries did not purchase, sell, or redeem any of its listed securities during the year ending March 31, 2022[198]. - The company has maintained the required public float as stipulated by the GEM listing rules as of the report date[200].

Financial Performance - For the three months ended December 31, 2021, the company reported revenue of HKD 18,025,000, a 86.6% increase from HKD 9,677,000 in the same period of 2020[2] - Gross profit for the same period was HKD 9,511,000, compared to HKD 2,301,000 in 2020, representing a significant increase of 314.4%[2] - The net profit for the three months ended December 31, 2021, was HKD 2,872,000, recovering from a loss of HKD 2,250,000 in the same period of the previous year[2] - For the nine months ended December 31, 2021, total revenue reached HKD 43,303,000, up 21.0% from HKD 35,784,000 in 2020[2] - The company’s basic and diluted earnings per share for the three months ended December 31, 2021, was HKD 0.40, compared to a loss per share of HKD 0.31 in the same period of 2020[2] - The total comprehensive income attributable to owners of the company for the nine months ended December 31, 2021, was HKD 2,865,000, compared to a loss of HKD 3,152,000 in the same period of 2020[2] - The company reported a net income before tax of HKD 3,897,000 for the nine-month period, compared to a loss of HKD 2,825,000 in the previous year[18] - The company recorded a profit attributable to owners of approximately HKD 2.5 million for the nine months ended December 31, 2021, compared to a loss of approximately HKD 3.2 million for the same period in 2020[40] Revenue Breakdown - Revenue for the nine-month period ended December 31, 2021, was HKD 43,303,000, representing a 21% increase from HKD 35,784,000 in the same period of 2020[11] - Revenue from the transportation advertising segment for the nine-month period was HKD 42,541,000, up from HKD 34,487,000 in the previous year, indicating a growth of 23%[18] - Bus advertising revenue rose by approximately 21.5% from about HKD 33.0 million for the nine months ended December 31, 2020, to about HKD 40.1 million for the same period in 2021[33] - Taxi advertising revenue increased by approximately 38.5% from about HKD 1.3 million for the nine months ended December 31, 2020, to about HKD 1.8 million for the same period in 2021[33] - Revenue from logistics advertising business remained stable at approximately HKD 0.2 million for the nine months ended December 31, 2020, and increased to approximately HKD 0.7 million for the same period in 2021, driven by growth in railway advertising, truck body advertising, and vintage vehicle advertising platforms[34] - Revenue from the catering business decreased from approximately HKD 0.8 million for the nine months ended December 31, 2020, to approximately HKD 0.1 million for the same period in 2021, primarily due to the expiration of a retail store lease and a change in the operating model[34] Expenses and Costs - The company’s administrative expenses for the nine months ended December 31, 2021, were HKD 11,171,000, slightly down from HKD 11,174,000 in 2020[2] - The financing costs for the nine months ended December 31, 2021, increased to HKD 1,062,000 from HKD 922,000 in the previous year[2] - Selling expenses increased by 20% from approximately HKD 4.5 million for the nine months ended December 31, 2020, to approximately HKD 5.4 million for the same period in 2021, driven by increased commissions due to revenue growth[37] - Current tax expense for Hong Kong profits tax increased from HKD 327,000 for the nine months ended December 31, 2020, to HKD 1,032,000 for the same period in 2021[25] - Cost of sales decreased by approximately 2% from approximately HKD 24.1 million for the nine months ended December 31, 2020, to approximately HKD 23.6 million for the same period in 2021, attributed to contractor fee discounts and increased use of in-house printing facilities[36] Equity and Shareholding - The company’s total equity as of December 31, 2021, was HKD 55,588,000, compared to HKD 54,623,000 at the end of 2020[3] - As of December 31, 2021, Goldcore and Ms. Zhou hold a significant stake of 278,640,000 shares, representing approximately 38.70% of the company's total shares[51] - AL Capital Limited and Mr. Liu collectively own 139,968,000 shares, accounting for about 19.44% of the total shares[51] - Silver Pro and its associated parties hold 93,960,000 shares, which is approximately 13.05% of the total shares[51] - No share buybacks, sales, or redemptions of the company's listed securities occurred during the nine-month period ending December 31, 2021[54] - The company has not granted, exercised, canceled, or allowed any stock options under its stock option plan since its adoption in December 2016[55] Corporate Governance - The company has complied with the corporate governance code, except for the separation of roles between the Chairman and CEO, which is currently held by Ms. Zhou[59] - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated financial statements for the nine-month period ending December 31, 2021[60] Strategic Initiatives - The company plans to expand its advertising services in the healthcare and logistics sectors, leveraging its existing platforms[16] - The company has granted a franchise for its dining brand to an independent third party in May 2021, indicating a strategic move towards market expansion[16] - The company plans to explore new advertising spaces and business expansion opportunities despite the impact of the fifth wave of COVID-19 on the Hong Kong economy[42] - The company has initiated a partnership with New Lantau Bus to expand exclusive advertising coverage from Tung Chung to Lantau Island[42] - The company is developing sales packages to encourage downstream advertising agencies to promote unsold exclusive advertising spaces, aiming to increase revenue[43] - The company has entered into an exclusive advertising space cooperation agreement with New Lantao Bus, covering most of its routes and at least 88 buses[30]

[Financial Statements](index=3&type=section&id=Financial%20Statements) [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=3&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The Group's revenue slightly decreased, but gross profit increased, turning a pre-tax loss into profit, with a significant narrowing of loss attributable to owners and basic loss per share Performance Overview for the Six-Month Period (As of September 30) | Metric | 2021 (HK$ thousand) | 2020 (HK$ thousand) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Revenue | 25,278 | 26,107 | -3.2% | | Gross Profit | 10,151 | 9,368 | +8.4% | | Profit/(Loss) Before Income Tax Expense | 552 | (630) | Turnaround to Profit | | Loss Attributable to Owners of the Company for the Period | (337) | (863) | Loss narrowed by 60.9% | | Basic and Diluted Loss Per Share (HK cents) | (0.05) | (0.12) | Loss narrowed | [Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) The Group maintained stable total assets and net assets, demonstrating healthy liquidity with substantial net current assets and cash balances Financial Position Overview | Metric | As of September 30, 2021 (HK$ thousand) | As of March 31, 2021 (HK$ thousand) | | :--- | :--- | :--- | | Total Assets | 93,346 | 97,067 | | Total Liabilities | 40,616 | 44,330 | | Net Assets | 52,730 | 52,737 | | Net Current Assets | 30,191 | 30,916 | | Cash and Bank Balances | 35,463 | 38,858 | [Condensed Consolidated Statement of Changes in Equity](index=5&type=section&id=Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) Total equity slightly decreased from HK$52.737 million to HK$52.730 million, primarily due to a minor comprehensive loss during the period - Total equity remained largely stable during the period, slightly decreasing from **HK$52.737 million** to **HK$52.730 million**[4](index=4&type=chunk) [Condensed Consolidated Statement of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) Operating cash flow decreased, investing activities generated net cash from reduced deposits, financing activities had a net outflow for lease repayments, resulting in an overall net increase in cash and cash equivalents Cash Flow Overview for the Six-Month Period (As of September 30) | Metric | 2021 (HK$ thousand) | 2020 (HK$ thousand) | | :--- | :--- | :--- | | Net Cash Generated from Operating Activities | 7,553 | 10,010 | | Net Cash From/(Used in) Investing Activities | 7,179 | (741) | | Net Cash Used in Financing Activities | (10,916) | (9,317) | | Net Increase/(Decrease) in Cash and Cash Equivalents | 3,816 | (48) | [Notes to the Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) [1. General Information and Basis of Preparation](index=8&type=section&id=1.%20General%20Information%20and%20Basis%20of%20Preparation) The Company, an investment holding entity listed on GEM, primarily provides advertising display services, with financial statements prepared under Hong Kong Financial Reporting Standards - The Group's principal business is providing advertising display services, with its main place of business in Hong Kong[9](index=9&type=chunk) - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and comply with the disclosure requirements of the GEM Listing Rules[10](index=10&type=chunk) [4. Revenue](index=10&type=section&id=4.%20Revenue) All revenue originates from Hong Kong, primarily from advertising display services, with minibus advertising slightly decreasing while taxi and hospital/clinic advertising increased Revenue Breakdown by Service Type for the Six-Month Period (As of September 30) | Service Type | 2021 (HK$ thousand) | 2020 (HK$ thousand) | | :--- | :--- | :--- | | Advertising display services - Minibus | 23,185 | 24,079 | | Advertising display services - Taxi | 1,245 | 1,160 | | Advertising display services - Hospital and Clinic | 386 | 125 | | Advertising display services - Others | 318 | 230 | | Catering services | 144 | 513 | | **Total** | **25,278** | **26,107** | - The Group segments its business into four operating segments based on advertising platforms: transportation business, healthcare business, logistics advertising business, and catering business[21](index=21&type=chunk) [8. Earnings/(loss) per share & 9. Dividend](index=16&type=section&id=8.%20Earnings%2F%28loss%29%20per%20share%20%26%209.%20Dividend) Basic and diluted loss per share improved to HK$0.0005, and the Board did not recommend an interim dividend for the period - For the six months ended September 30, 2021, basic and diluted loss per share was **HK$0.0005** (2020: loss of **HK$0.0012**)[32](index=32&type=chunk) - The Board of Directors does not recommend the payment of an interim dividend for the six months ended September 30, 2021[33](index=33&type=chunk) [Management Discussion and Analysis](index=20&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review](index=20&type=section&id=Business%20Review) The Group improved minibus advertising gross margin, secured an exclusive agreement with New Lantao Bus, transitioned catering to a franchise model, and diversified into used car trading - Minibus advertising business gross profit margin increased from **38.1%** in the same period last year to **40.2%**, primarily due to preferential contract fees and improved internal printing efficiency[44](index=44&type=chunk) - An exclusive advertising space cooperation agreement was reached with New Lantao Bus, covering no less than **88 buses**, with cooperation commencing on September 1, 2021[44](index=44&type=chunk) - The catering business transitioned to a franchise model, with the Group collecting franchise fees; concurrently, a new business of trading used private cars, especially classic cars, was developed[45](index=45&type=chunk) [Financial Review](index=21&type=section&id=Financial%20Review) Total revenue slightly decreased, but a significant reduction in cost of sales led to an improved gross profit margin and a substantial narrowing of loss attributable to owners Financial Performance Review for the Six-Month Period (As of September 30) | Metric | 2021 | 2020 | Reason for Change | | :--- | :--- | :--- | :--- | | Total Revenue | Approx. HK$25.3 million | Approx. HK$26.1 million | Decreased minibus advertising and catering revenue | | Cost of Sales | Approx. HK$15.1 million | Approx. HK$16.7 million | Decreased revenue and preferential contract fees | | Gross Profit Margin | Approx. 40.2% | Approx. 35.9% | Improved minibus and taxi advertising gross profit margin | | Loss Attributable to Owners | Approx. HK$0.3 million | Approx. HK$0.9 million | Improved gross profit margin | [Liquidity and Financial Resources](index=23&type=section&id=Liquidity%20and%20Financial%20Resources) The Group maintains a robust financial position, funding operations through internal capital and listing proceeds, with substantial cash, net current assets, and zero gearing Liquidity Indicators | Metric | As of September 30, 2021 | | :--- | :--- | | Cash and Bank Balances | Approx. HK$35.5 million | | Net Current Assets | Approx. HK$30.2 million | | Gearing Ratio | 0% | [Use of Net Proceeds from Listing](index=24&type=section&id=Use%20of%20Net%20Proceeds%20from%20Listing) Of the HK$29.9 million listing proceeds, HK$17.8 million was used for advertising network expansion, with remaining funds potentially reallocated due to slow progress on certain initiatives Use of Net Proceeds from Listing (As of September 30, 2021) | Purpose | Estimated Amount (HK$ million) | Actual Usage (HK$ million) | Unutilized Amount (HK$ million) | | :--- | :--- | :--- | :--- | | Expand coverage in minibus media | 20.9 | 14.9 | 6.0 | | Expand coverage in other transportation vehicles | 5.4 | 2.8 | 2.6 | | Expand coverage in healthcare-related advertising | 2.9 | 0 | 2.9 | | Enhance information management system | 0.7 | 0.1 | 0.6 | | **Total** | **29.9** | **17.8** | **12.1** | - The Group has successfully expanded advertising space on minibuses, taxis, and buses, notably with the new cooperation with New Lantao Bus, but faced difficulties in expanding in-minibus LCD screens and healthcare-related advertising platforms, prompting consideration for resource reallocation[66](index=66&type=chunk)[70](index=70&type=chunk) [Outlook](index=26&type=section&id=Outlook) Management anticipates Hong Kong's economic recovery will benefit the advertising industry, with new bus partnerships strengthening market position and fan club outdoor advertising emerging as a new revenue stream - Hong Kong's gradual economic recovery and consumption voucher scheme are expected to stimulate consumer spending, supporting the retail and advertising industries[69](index=69&type=chunk) - The cooperation with New Lantao Bus will expand the Group's advertising coverage in the Tung Chung and Lantau Island areas, which are considered core business districts in western Hong Kong's future development[71](index=71&type=chunk) - A new emerging revenue source has been identified: outdoor media advertisements placed by music fan clubs to support their idols, demonstrating the strong communication effect of outdoor media combined with social media[72](index=72&type=chunk) [Other Disclosures](index=28&type=section&id=Other%20Disclosures) [Directors' and Substantial Shareholders' Interests](index=28&type=section&id=Directors%27%20and%20Substantial%20Shareholders%27%20Interests) This section details director and substantial shareholder equity, including Ms. Chau Wai Chu's 38.70% via Goldcore, Mr. Sze Kwun Kui's 13.05% via Silver Pro, and AL Capital Limited's 19.44% Substantial Shareholders' Shareholdings (As of September 30, 2021) | Shareholder Name/Name | Capacity | Approximate Percentage of Shareholding | | :--- | :--- | :--- | | Goldcore (wholly-owned by Ms. Chau Wai Chu) | Beneficial owner | 38.70% | | AL Capital Limited (wholly-owned by Mr. Lau Chi Shing) | Beneficial owner | 19.44% | | Silver Pro (wholly-owned by Mr. Sze Kwun Kui) | Beneficial owner | 13.05% | [Corporate Governance](index=32&type=section&id=Corporate%20Governance) The Company adheres to high corporate governance standards, with the only deviation being the combined Chairman and CEO roles, which the Board believes enhances efficiency while maintaining power balance - The Company has complied with most provisions of the Corporate Governance Code, with one deviation[90](index=90&type=chunk) - The deviation is that the roles of Chairman and Chief Executive Officer are not segregated and are both held by Ms. Chau Wai Chu; the Board believes this arrangement helps maintain management efficiency[90](index=90&type=chunk)

Company Information and Report Statement [GEM Market Characteristics and Disclaimer](index=2&type=section&id=1.1%20GEM%20Market%20Characteristics%20and%20Disclaimer) The GEM market offers listing for SMEs with high investment risks and volatility, with the Stock Exchange disclaiming responsibility and directors ensuring report accuracy - The GEM market targets small and medium-sized companies, characterized by **high investment risks**, **market volatility**, and no guaranteed liquidity[1](index=1&type=chunk) - Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited bear no responsibility for the contents of this report[1](index=1&type=chunk) - The company's directors jointly and individually assume full responsibility for the report's information, confirming its accuracy, completeness, and absence of misleading or fraudulent content[1](index=1&type=chunk) [Company Overview](index=5&type=section&id=1.2%20Company%20Overview) Optima Strategic Holdings Limited, incorporated in the Cayman Islands in 2016 and listed on GEM in 2017, focuses on investment holding and advertising display services - The company was incorporated in the Cayman Islands on June 28, 2016, and listed on GEM of HKEX on January 5, 2017[5](index=5&type=chunk) - The Group's principal activities are investment holding and providing advertising display services[5](index=5&type=chunk) [Basis of Preparation of Financial Statements](index=5&type=section&id=1.3%20Basis%20of%20Preparation%20of%20Financial%20Statements) The Group's unaudited condensed consolidated financial statements for the three months ended June 30, 2021, were prepared under HKFRS and HK Companies Ordinance, and reviewed by the audit committee - The financial statements are unaudited but have been reviewed by the company's audit committee[6](index=6&type=chunk) - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and GEM Listing Rules disclosure requirements, presented in Hong Kong Dollars[6](index=6&type=chunk)[7](index=7&type=chunk) [Adoption of Hong Kong Financial Reporting Standards](index=6&type=section&id=1.4%20Adoption%20of%20Hong%20Kong%20Financial%20Reporting%20Standards) The Group adopted several new or revised HKFRS, effective from June 1, 2020, impacting assets, liabilities, and revenue recognition - The Group has applied several new or revised Hong Kong Financial Reporting Standards that are mandatorily effective for annual periods beginning on or after June 1, 2020[9](index=9&type=chunk) - Adopted standards include amendments to HKAS 16, HKAS 37, HKFRS 3, HKFRS 16, HKFRS 9, covering proceeds before intended use, onerous contracts, conceptual framework, Covid-19 related rent concessions, and interest rate benchmark reform[9](index=9&type=chunk) Condensed Consolidated Financial Statements [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=3&type=section&id=2.1%20Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) For the three months ended June 30, 2021, Group revenue decreased to HK$11,799 thousand, with loss for the period expanding to HK$1,080 thousand and basic and diluted loss per share at HK$0.15 cents Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income | Item | Three Months Ended June 30, 2021 (HK$ Thousand) | Three Months Ended June 30, 2020 (HK$ Thousand) | Change (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Revenue | 11,799 | 12,523 | (724) | -5.8% | | Cost of sales | (7,334) | (8,248) | 914 | -11.1% | | Gross profit | 4,465 | 4,275 | 190 | 4.4% | | Other income and gains, net | 369 | 1,149 | (780) | -67.9% | | Selling expenses | (1,702) | (1,411) | (291) | 20.6% | | Administrative expenses | (3,789) | (3,817) | 28 | -0.7% | | Finance costs | (363) | (360) | (3) | 0.8% | | Loss before income tax expense | (1,020) | (164) | (856) | 522.0% | | Income tax expense | (60) | (134) | 74 | -55.2% | | Loss and total comprehensive income for the period | (1,080) | (298) | (782) | 262.4% | | Loss for the period attributable to owners of the company | (1,107) | (269) | (838) | 311.5% | | Basic and diluted loss per share (HK Cents) | (0.15) | (0.04) | (0.11) | 275.0% | [Condensed Consolidated Statement of Changes in Equity](index=4&type=section&id=2.2%20Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) Total equity attributable to owners decreased to HK$51,944 thousand as of June 30, 2021, primarily due to a HK$1,107 thousand loss for the period Condensed Consolidated Statement of Changes in Equity | Item | June 30, 2021 (HK$ Thousand) | April 1, 2021 (HK$ Thousand) | June 30, 2020 (HK$ Thousand) | April 1, 2020 (HK$ Thousand) | | :--- | :--- | :--- | :--- | :--- | | Share capital | 7,200 | 7,200 | 7,200 | 7,200 | | Share premium | 35,371 | 35,371 | 35,371 | 35,371 | | Other reserves | (90) | (90) | (90) | (90) | | Retained earnings | 9,463 | 10,570 | 14,993 | 15,262 | | Total attributable to owners of the company | 51,944 | 53,051 | 57,474 | 57,743 | | Non-controlling interests | (287) | (314) | 101 | 130 | | Total equity | 51,657 | 52,737 | 57,575 | 57,873 | - Loss for the period attributable to owners of the company was **HK$1,107 thousand**, leading to a decrease in total equity[3](index=3&type=chunk) Notes to the Financial Statements [Revenue](index=7&type=section&id=3.1%20Revenue) The Group's revenue, primarily from Hong Kong advertising display services, totaled HK$11,799 thousand for the three months ended June 30, 2021, a 5.8% decrease due to reduced minibus advertising and catering business - Revenue primarily originates from the Hong Kong market, with all revenue recognized over time[11](index=11&type=chunk) - For the three months ended June 30, 2021, total revenue was **HK$11,799 thousand**, representing a **5.8% year-on-year decrease**[11](index=11&type=chunk) [Disaggregation of Revenue](index=7&type=section&id=3.1.1%20Disaggregation%20of%20Revenue) Revenue is disaggregated by market, service, and timing, with Hong Kong as the sole market, advertising display as core, and minibus advertising as the largest contributor despite a decline in catering services Revenue by Major Service Type | Major Service Type | Three Months Ended June 30, 2021 (HK$ Thousand) | Three Months Ended June 30, 2020 (HK$ Thousand) | Change (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Advertising display services - Minibus | 11,011 | 11,783 | (772) | -6.55% | | Advertising display services - Taxi | 352 | 325 | 27 | 8.31% | | Advertising display services - Others | 67 | 43 | 24 | 55.81% | | Advertising display services - Hospitals and clinics | 195 | 70 | 125 | 178.57% | | Advertising display services - Smart lockers | 30 | 58 | (28) | -48.28% | | **Total advertising display services** | **11,655** | **12,279** | **(624)** | **-5.08%** | | Catering services | 144 | 244 | (100) | -40.98% | | **Total** | **11,799** | **12,523** | **(724)** | **-5.78%** | [Geographical Information](index=7&type=section&id=3.1.2%20Geographical%20Information) All Group revenue and specified non-current assets are concentrated in Hong Kong, its country of domicile Geographical Information | Item | June 30, 2021 (HK$ Thousand) | June 30, 2020 (HK$ Thousand) | | :--- | :--- | :--- | | Revenue from external customers (Hong Kong) | 11,799 | 12,523 | | Specified non-current assets (Hong Kong) | 38,105 | N/A | - The Group considers Hong Kong its country of domicile, with all revenue and specified non-current assets originating from Hong Kong[12](index=12&type=chunk)[14](index=14&type=chunk) [Segment Information](index=8&type=section&id=3.1.3%20Segment%20Information) The Group operates four reportable segments: transport, healthcare, logistics advertising, and catering, with transport being the main contributor, while logistics advertising and catering show negative gross profit, and performance is assessed by revenue and gross profit - The Group has four reportable operating segments: transport business, healthcare business, logistics advertising business, and catering business[16](index=16&type=chunk) - The chief operating decision maker primarily assesses segment performance based on revenue and gross profit for each operating segment, with corporate and other unallocated expenses not included in segment performance measurement[17](index=17&type=chunk) Segment Revenue and Gross Profit | Segment | Three Months Ended June 30, 2021 Revenue (HK$ Thousand) | Three Months Ended June 30, 2021 Gross Profit (HK$ Thousand) | Three Months Ended June 30, 2020 Revenue (HK$ Thousand) | Three Months Ended June 30, 2020 Gross Profit (HK$ Thousand) | | :--- | :--- | :--- | :--- | :--- | | Transport business | 11,430 | 4,367 | 12,151 | 4,373 | | Healthcare business | 195 | 137 | 70 | 45 | | Logistics advertising business | 30 | 5 | 58 | 30 | | Catering business | 144 | (44) | 244 | (173) | | **Total** | **11,799** | **4,465** | **12,523** | **4,275** | [Other Income and Gains, Net](index=11&type=section&id=3.2%20Other%20Income%20and%20Gains,%20Net) Other income and gains, net, decreased significantly to HK$369 thousand for the three months ended June 30, 2021, a 67.9% reduction, mainly due to the absence of prior-year government grants Other Income and Gains, Net | Item | Three Months Ended June 30, 2021 (HK$ Thousand) | Three Months Ended June 30, 2020 (HK$ Thousand) | Change (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Bank interest income | 19 | 81 | (62) | -76.5% | | Gain on disposal of property, plant and equipment | – | 1 | (1) | -100.0% | | Gain on disposal of motor vehicles | 1 | – | 1 | N/A | | Net exchange gain | 27 | 30 | (3) | -10.0% | | Gain on lease modification | 4 | 263 | (259) | -98.5% | | Government grants | – | 753 | (753) | -100.0% | | Others | 318 | 21 | 297 | 1414.3% | | **Total** | **369** | **1,149** | **(780)** | **-67.9%** | - The prior period in 2020 included **HK$673 thousand** in Employment Support Scheme government grants and **HK$80 thousand** in Food and Environmental Hygiene Department subsidies, with no such income in the current period[22](index=22&type=chunk) [Finance Costs](index=12&type=section&id=3.3%20Finance%20Costs) The Group's finance costs, mainly interest on lease liabilities, remained stable at approximately HK$360-363 thousand in both periods Finance Costs | Item | Three Months Ended June 30, 2021 (HK$ Thousand) | Three Months Ended June 30, 2020 (HK$ Thousand) | | :--- | :--- | :--- | | Interest on lease liabilities | 363 | 360 | [Income Tax Expense](index=12&type=section&id=3.4%20Income%20Tax%20Expense) Income tax expense for the three months ended June 30, 2021, decreased to HK$60 thousand, with Hong Kong profits tax on a two-tiered rate and no deferred tax for offshore entities Income Tax Expense | Item | Three Months Ended June 30, 2021 (HK$ Thousand) | Three Months Ended June 30, 2020 (HK$ Thousand) | Change (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Hong Kong profits tax | 60 | 134 | (74) | -55.2% | - Hong Kong profits tax is calculated at **8.25%** for the first **HK$2 million** and **16.5%** for amounts above that[25](index=25&type=chunk) - Companies registered in the Cayman Islands and British Virgin Islands are tax-exempt, with no deferred tax recognized[25](index=25&type=chunk) [Loss Per Share](index=13&type=section&id=3.5%20Loss%20Per%20Share) Basic and diluted loss per share attributable to owners was HK$0.15 cents for the three months ended June 30, 2021, an increase from the prior year, with no dilutive ordinary shares Loss Per Share | Item | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | | :--- | :--- | :--- | | Loss for the purpose of calculating basic and diluted loss per share (HK$ Thousand) | (1,107) | (269) | | Weighted average number of ordinary shares (Thousand Shares) | 720,000 | 720,000 | | Basic and diluted loss per share (HK Cents) | (0.15) | (0.04) | - There were no potential dilutive ordinary shares during the reporting period, hence basic and diluted loss per share are identical[27](index=27&type=chunk) [Dividends](index=13&type=section&id=3.6%20Dividends) The Board does not recommend an interim dividend for the three months ended June 30, 2021, consistent with the prior year - The Board does not recommend the payment of an interim dividend for the three months ended June 30, 2021[28](index=28&type=chunk) Management Discussion and Analysis [Business Review](index=14&type=section&id=4.1%20Business%20Review) The Group continues outdoor advertising, expanding into new ventures like used car trading and a Lantau bus advertising agreement, while its catering business shifted to franchising, and corporate bond investments aim to diversify income - Minibus advertising gross profit margin increased from approximately **36.3%** in the prior period of 2020 to approximately **38.6%** in the current period of 2021, primarily due to concessionary contract fees and higher utilization of in-house printing equipment[30](index=30&type=chunk) - The Honey Ma Ma brand catering business has transitioned to a franchise model, where the Group will collect franchise fees and retain the right to open new retail stores in the future[30](index=30&type=chunk) - A new used private car trading business has commenced, with approximately **HK$3.2 million** in inventory acquired, aiming to broaden revenue streams[30](index=30&type=chunk) - An exclusive advertising agreement has been reached with a Lantau Island franchised bus operator, commencing September 1, 2021, covering no less than **88 buses**[31](index=31&type=chunk) - Invested in two corporate bonds totaling approximately **HK$7.2 million**, aiming to diversify income sources and provide stable investment returns[31](index=31&type=chunk)[33](index=33&type=chunk) [Financial Review](index=15&type=section&id=4.2%20Financial%20Review) Total revenue decreased by 5.6% to HK$11.8 million, with gross profit margin improving to 37.8% despite increased selling expenses, and loss for the period expanding to HK$1.1 million due to the absence of government grants - Total revenue decreased by **5.6%** year-on-year to **HK$11.8 million**, primarily due to reduced minibus advertising and catering business revenue[34](index=34&type=chunk) - Cost of sales decreased by **11.0%**, and gross profit margin increased by **3.7 percentage points** to **37.8%**[37](index=37&type=chunk) - Loss attributable to owners of the company expanded to **HK$1.1 million**, mainly due to the absence of government grants in the current period[41](index=41&type=chunk) [Revenue](index=15&type=section&id=4.2.1%20Revenue) Total revenue decreased by 5.6%, with minibus advertising down 6.8% to HK$11.0 million, while private hospital media revenue increased, logistics advertising decreased, and catering revenue fell due to franchising - Minibus advertising revenue decreased by **6.8%** to **HK$11.0 million**, primarily due to reduced direct client revenue[34](index=34&type=chunk) - Private hospital and clinic media revenue increased from **HK$0.1 million** to **HK$0.2 million**, mainly due to an increase in direct clients[34](index=34&type=chunk) - Logistics advertising business revenue decreased to **HK$30 thousand**, attributed to cautious advertising review leading to approval delays and reduced advertiser interest[34](index=34&type=chunk) - Catering business revenue decreased as retail store leases expired and the business transitioned to a franchise model[35](index=35&type=chunk) [Cost of Sales and Gross Profit Margin](index=16&type=section&id=4.2.2%20Cost%20of%20Sales%20and%20Gross%20Profit%20Margin) Cost of sales decreased by 11.0% to HK$7.3 million due to reduced revenue and minibus advertising concessions, leading to a gross profit margin increase from 34.1% to 37.8% - Cost of sales decreased by **11.0%** to **HK$7.3 million**, primarily due to reduced revenue and minibus advertising contract fee concessions[37](index=37&type=chunk) - Gross profit margin increased by **3.7 percentage points** to **37.8%**, with minibus advertising gross profit margin rising from **36.3%** to **38.6%**[37](index=37&type=chunk) [Selling Expenses](index=16&type=section&id=4.2.3%20Selling%20Expenses) Selling expenses increased to HK$1.7 million due to heightened market activities post-COVID-19 and a more aggressive sales commission plan - Selling expenses increased to **HK$1.7 million** due to increased market activities and adjustments to the sales commission scheme[38](index=38&type=chunk) [Administrative Expenses](index=16&type=section&id=4.2.4%20Administrative%20Expenses) Administrative expenses slightly decreased by approximately HK$28 thousand, primarily due to reduced directors' remuneration after an executive director's resignation - Administrative expenses slightly decreased by approximately **HK$28 thousand**, mainly due to a reduction in directors' remuneration following the resignation of an executive director[39](index=39&type=chunk) [Finance Costs](index=16&type=section&id=4.2.5%20Finance%20Costs) Finance costs remained stable at approximately HK$0.4 million - Finance costs remained unchanged at approximately **HK$0.4 million**[40](index=40&type=chunk) [Loss Attributable to Owners of the Company](index=16&type=section&id=4.2.6%20Loss%20Attributable%20to%20Owners%20of%20the%20Company) Loss attributable to owners expanded from HK$0.3 million to HK$1.1 million, primarily due to the absence of government grants - Loss attributable to owners of the company expanded to **HK$1.1 million**, mainly due to the absence of government grants in the current period[41](index=41&type=chunk) [Outlook](index=17&type=section&id=4.3%20Outlook) The Group holds cautious optimism for Hong Kong's uneven economic recovery, expecting consumption vouchers to boost advertising, while new Lantau bus partnerships and the 'Lantau Tomorrow Vision' plan aim to diversify and stabilize revenue - Hong Kong's economy is gradually recovering, but overall economic activity remains below pre-recession levels, with the pandemic and social distancing rules continuing to affect certain sectors[43](index=43&type=chunk) - The consumption voucher scheme is expected to stimulate local consumption, thereby encouraging advertisers to utilize outdoor advertising platforms[43](index=43&type=chunk) - The Group will commence a new partnership with a Lantau Island franchised bus operator from September 2021, expanding its transport media platform coverage and potentially generating more stable income[43](index=43&type=chunk) - Optimistic about the 'Lantau Tomorrow Vision' development plan, believing Lantau Island will become a new core business district in western Hong Kong[43](index=43&type=chunk) Shareholder and Corporate Governance Information [Directors' and Chief Executive's Interests](index=18&type=section&id=5.1%20Directors'%20and%20Chief%20Executive's%20Interests) As of June 30, 2021, directors Ms. Chau Wai Chu and Mr. Sze Kwun Ku held **38.70%** and **13.05%** of the company's shares respectively, through beneficial and controlled corporation interests Directors' and Chief Executive's Interests in Shares | Name of Director | Capacity/Nature of Interest | Number and Class of Securities | Approximate Percentage of Shareholding | | :--- | :--- | :--- | :--- | | Ms. Chau Wai Chu | Beneficial owner | 278,640,000 ordinary shares (L) | 38.70% | | Ms. Chau Wai Chu | Interest in controlled corporation | 278,640,000 ordinary shares (L) | 38.70% | | Mr. Sze Kwun Ku | Beneficial owner | 93,960,000 ordinary shares (L) | 13.05% | | Mr. Sze Kwun Ku | Interest in controlled corporation | 93,960,000 ordinary shares (L) | 13.05% | - Ms. Chau Wai Chu indirectly holds **38.70%** of the company's shares through her wholly-owned Goldcore Global Investments Limited[47](index=47&type=chunk) - Mr. Sze Kwun Ku indirectly holds **13.05%** of the company's shares through his wholly-owned Silver Pro Investments Limited[47](index=47&type=chunk) [Substantial Shareholders' Interests](index=20&type=section&id=5.2%20Substantial%20Shareholders'%20Interests) As of June 30, 2021, Goldcore Global, AL Capital, and Silver Pro were substantial shareholders, holding **38.70%**, **19.44%**, and **13.05%** respectively, with indirect holdings by Ms. Chau Wai Chu, Mr. Lau Chi Shing, and Mr. Sze Kwun Ku Substantial Shareholders' Interests in Shares | Name of Shareholder/Person | Capacity/Nature of Interest | Number and Class of Securities | Approximate Percentage of Shareholding | | :--- | :--- | :--- | :--- | | Goldcore Global Investments Limited | Beneficial owner | 278,640,000 ordinary shares (L) | 38.70% | | Ms. Chau Wai Chu | Interest in controlled corporation | 278,640,000 ordinary shares (L) | 38.70% | | AL Capital Limited | Beneficial owner | 139,968,000 ordinary shares (L) | 19.44% | | Mr. Lau Chi Shing | Interest in controlled corporation | 139,968,000 ordinary shares (L) | 19.44% | | Silver Pro Investments Limited | Beneficial owner | 93,960,000 ordinary shares (L) | 13.05% | | Mr. Sze Kwun Ku | Interest in controlled corporation | 93,960,000 ordinary shares (L) | 13.05% | | Ms. Chu Sau Kuen | Spouse's interest | 93,960,000 ordinary shares (L) | 13.05% | - Ms. Chau Wai Chu wholly owns Goldcore, Mr. Lau Chi Shing wholly owns AL Capital, and Mr. Sze Kwun Ku wholly owns Silver Pro[56](index=56&type=chunk) [Dealings in Listed Securities](index=21&type=section&id=5.3%20Dealings%20in%20Listed%20Securities) Neither the company nor its subsidiaries purchased, sold, or redeemed any listed securities during the three months ended June 30, 2021 - Neither the company nor its subsidiaries engaged in any purchase, sale, or redemption of listed securities during the reporting period[54](index=54&type=chunk) [Share Option Scheme](index=21&type=section&id=5.4%20Share%20Option%20Scheme) The company adopted a share option scheme on December 19, 2016, for incentive purposes, with no unexercised, granted, exercised, cancelled, or lapsed options as of June 30, 2021 - The company adopted a share option scheme on December 19, 2016, aimed at incentivizing and rewarding participants who contribute to the company[55](index=55&type=chunk) - As of June 30, 2021, there were no unexercised share options under the scheme, nor were any share options granted, exercised, cancelled, or lapsed[55](index=55&type=chunk) [Competing Interests](index=22&type=section&id=5.5%20Competing%20Interests) No directors, subsidiary directors, controlling shareholders, or their associates had competing interests or conflicts with the Group's business during the three months ended June 30, 2021 - During the reporting period, no directors, subsidiary directors, controlling shareholders, or their close associates had any interests that competed with or conflicted with the Group's business[57](index=57&type=chunk) [Directors' Securities Transactions](index=22&type=section&id=5.6%20Directors'%20Securities%20Transactions) The company adopted GEM Listing Rules' required standard for directors' securities transactions, with all directors confirming full compliance during the reporting period - The company has adopted the required standard of dealings under the GEM Listing Rules, and all directors confirmed full compliance[58](index=58&type=chunk) [Compliance with Corporate Governance Code](index=22&type=section&id=5.7%20Compliance%20with%20Corporate%20Governance%20Code) The company complies with the Corporate Governance Code, except for the combined roles of Chairman and CEO held by Ms. Chau Wai Chu, which the Board believes maintains efficiency and power balance - The company complies with the Corporate Governance Code, but deviates from code provision A.2.1, where the roles of Chairman and Chief Executive Officer are combined and held by Ms. Chau Wai Chu[59](index=59&type=chunk) - The Board believes Ms. Chau's dual role helps maintain efficiency in overall strategic planning, management, and business development, and that the Board's operations ensure a balance of power[59](index=59&type=chunk) [Audit Committee](index=23&type=section&id=5.8%20Audit%20Committee) The Audit Committee, comprising three independent non-executive directors chaired by Ms. Au Shui Ming, provides independent opinions on financial reporting, internal control, and risk management, and has reviewed the current financial statements - The Audit Committee comprises three independent non-executive directors, chaired by Ms. Au Shui Ming, meeting GEM Listing Rules requirements[61](index=61&type=chunk) - The Committee's primary responsibilities include providing independent opinions on financial reporting, internal control, and risk management, and it has reviewed the current period's financial statements[61](index=61&type=chunk) [Board Members](index=23&type=section&id=5.9%20Board%20Members) As of the reporting date, the Board consists of six directors: two executive, one non-executive, and three independent non-executive directors - Board members include executive directors Ms. Chau Wai Chu (Chairman and Chief Executive Officer) and Mr. Leung Chun Wai[62](index=62&type=chunk) - Board members include non-executive director Mr. Sze Kwun Ku[62](index=62&type=chunk) - Board members include independent non-executive directors Ms. Au Shui Ming, Mr. Lam Yau Fung, and Ms. Suen Wan Ni[62](index=62&type=chunk)

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，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，於GEM買賣的證券可能會較於聯交所主板買賣的證券承受較大的市場波動風 險，同時無法保證於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倚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，旨在提供有關奧傳思維控股有限公司（「本公 司」）的資料；本公司的董事（「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 認就其所深知及盡悉，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，且並無遺漏任何其他事 項，足以令致本報告所載任何陳述或本報告產生誤導。 | | | | 公司資料 | 3 | | --- | ...

由於GEM上市公司一般為中小型公司，於GEM買賣的證券可能會較於聯交所主板買賣的 證券承受較大的市場波動風險，同時無法保證於GEM買賣的證券會有高流通量的市場。 第三季度業績報告 2020 / 21 Third Quarterly Report 2020 / 21 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 慎周詳的考慮後方作出投資決定。 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倚賴該等內容 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 奧傳思維控股有限公司（「本公司」）的資料；本公司的董事（「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，確認就其所深知及盡悉，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，且並無遺漏任何其 ...