Financial Performance - For the nine months ended September 30, 2023, the company recorded total revenue of approximately HKD 43.1 million, compared to HKD 39.6 million for the same period last year, representing an increase of about 3.8%[5] - The advertising and media business generated revenue of approximately HKD 36.6 million, an increase of about 12% from HKD 32.6 million in the previous year[5] - The financial services business reported revenue of approximately HKD 6.5 million, a decrease of about 6% from HKD 6.9 million in the previous year[5] - The group's revenue for the nine months ended September 30, 2023, was approximately HKD 43,111,305, representing a 9% increase compared to HKD 39,563,743 for the same period in 2022[16] - Revenue from the advertising and media business increased by approximately 12% or HKD 4,000,000 to HKD 36,600,000, compared to HKD 32,600,000 for the same period in 2022[17] - Gross profit for the nine months ended September 30, 2023, was HKD 27,987,808, up from HKD 24,687,058 in the previous year, reflecting a growth of 13.4%[39] - The group recorded a loss attributable to owners of approximately HKD 20,600,000 for the nine months ended September 30, 2023, compared to a loss of HKD 20,300,000 in the same period last year[21] - For the nine months ended September 30, 2023, the company reported a loss attributable to owners of HKD (20,644,686) compared to a loss of HKD (20,317,548) for the same period in 2022, indicating a slight increase in losses of 1.6%[35] - The group recorded a total comprehensive loss of HKD (20,881,175) for the nine months ended September 30, 2023, compared to HKD (20,052,524) in the same period of 2022, reflecting an increase of 4.1%[35] Expenses and Losses - Administrative expenses increased by approximately 33% to HKD 58,100,000, up from HKD 43,600,000 in the same period last year, due to business recovery and strategic planning[20] - The basic and diluted loss per share for the nine months ended September 30, 2023, was HKD (9.00), an improvement from HKD (12.64) in the same period of 2022[35] - The financing costs for the nine months ended September 30, 2023, were HKD (1,217,343), up from HKD (1,012,194) in the previous year, indicating a rise of 20.3%[39] - The company reported a loss before tax of HKD (20,105,622) for the nine months ended September 30, 2023, compared to HKD (19,094,254) in the same period of 2022, representing an increase of 5.3%[39] Business Outlook and Strategy - The company remains cautiously optimistic about the future outlook of its core business as market recovery continues[5] - The company plans to explore various business opportunities and maintain operations in existing businesses for sustainable development[5] - The management will continue to monitor external environments and adjust business strategies as necessary[5] - The group plans to continue expanding its digital outdoor media network, starting with selected locations and identifying new static/LED outdoor sites[19] - The group expects advertising spending to continue increasing in the fourth quarter of 2023 as the advertising and media business gradually recovers post-COVID-19[19] Assets and Liabilities - The group's net current assets as of September 30, 2023, were approximately HKD 157,000,000, down from HKD 180,000,000 as of December 31, 2022[22] - The debt ratio as of September 30, 2023, was approximately 1.6%, a slight decrease from 1.9% as of December 31, 2022[23] Shareholder Information - Major shareholder Masan Multi Strategy Fund SPC held 52,704,000 shares, representing approximately 22.97% of the company's equity as of September 30, 2023[93] - The company did not redeem any of its listed securities during the nine months ended September 30, 2023[95] - There were no other individuals or companies holding 5% or more of the company's shares, aside from those disclosed[86] Compliance and Governance - The company has complied with the corporate governance code as per GEM listing rules, except for the absence of monthly updates to the board, which were replaced by quarterly updates[98] - The audit committee has been established and consists of three independent non-executive directors, responsible for reviewing the company's risk management and internal control systems[101] - The unaudited consolidated financial data for the nine months ended September 30, 2023, has been reviewed by the audit committee and management, confirming compliance with applicable accounting standards and legal requirements[101] Capital Expenditure - The group’s capital expenditure for the nine months ended September 30, 2023, was HKD 97,942[62] - The group’s depreciation of property, plant, and equipment for the nine months ended September 30, 2023, was HKD 373,517[62] Dividend Information - The group has not proposed any dividends for the nine months ended September 30, 2023, consistent with the previous year[27] - No dividends were recommended for the nine months ended September 30, 2023, similar to the previous year[71] Financial Reporting Standards - The group did not apply any new or revised Hong Kong Financial Reporting Standards that would have a significant impact on its performance and financial position[57]

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佈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。 （於開曼群島註冊成立的有限公司） 8112 （股份代號： ） 2023 9 30 截至 年 月 日止九個月 第三季度業績公佈 基石金融控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附屬公 2023 9 30 2023 9 30 司截至 年 月 日止九個月的未經審核業績。本公佈載有本公司截至 年 月 日止九 2023 個月的第三季度報告（「 年第三季度報告」）全文，並遵守香港聯合交易所有限公司（「聯交 GEM GEM 所」） 證券上市規則（「 上市規則」）有關第三季度業績初步公佈附載資料的相關規定。 2023 (www.cs8112.com) (www.hkexnews.hk) 年第三季度報告將於本公司網站 及聯交所網站 刊 GEM 載，且其印刷本將於適當時候根據 上市規則的相關規定寄發予本公司股東。 承董事會命 基石金融控股有限公司 主席兼執行董事 安錫磊 2023 11 1 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of $X million for the first half of 2023, representing a Y% growth compared to the same period last year[6]. - The total revenue for the group was approximately HKD 28,000,000, representing a 17% increase from HKD 24,000,000 in the same period last year[26]. - The group's revenue for the six months ended June 30, 2023, was approximately HKD 28,300,000, an increase of about 19% compared to HKD 23,700,000 for the same period in 2022[37]. - Revenue from advertising and media business increased by approximately 24% or HKD 4,600,000 to HKD 24,000,000, driven by the recovery of economic and social activities post-COVID-19[37]. - The group recorded a net loss of HKD 12,000,000, an improvement from a net loss of HKD 17,000,000 in the same period last year[26]. - The group recorded a loss attributable to owners of approximately HKD 11,600,000 for the six months ended June 30, 2023, compared to a loss of HKD 17,000,000 for the same period in 2022[39]. - The company reported a loss before tax of HKD 11,083,369 for the six months ended June 30, 2023, compared to a loss of HKD 16,220,858 for the same period in 2022, indicating an improvement[98]. User Engagement and Market Outlook - User data showed an increase in active users, reaching Z million, which is an A% increase year-over-year[6]. - The company provided a positive outlook for the next quarter, projecting revenue growth of B% based on current market trends and user engagement metrics[6]. - The group expects advertising spending to gradually recover in 2023 as COVID-19 restrictions are lifted in Hong Kong and Singapore[33]. - The management remains cautiously optimistic about the core business outlook as the global economy progresses in the post-COVID-19 recovery phase[26]. Strategic Initiatives - New product launches are expected to contribute an additional $C million in revenue, with anticipated market expansion in D regions[6]. - The company is investing in new technology development, allocating $E million towards R&D initiatives aimed at enhancing product offerings[6]. - Market expansion strategies include potential acquisitions, with the company evaluating several targets that could enhance its market position[6]. - The group plans to explore new investment opportunities in various sectors with growth potential to achieve business diversification and sustainable development[26]. Governance and Compliance - The board confirmed that there were no significant conflicts of interest or competitive activities involving directors or major shareholders during the reporting period[11]. - The audit committee has reviewed the financial statements, confirming compliance with applicable accounting standards and regulations[17]. - The company has maintained a strong governance framework, adhering to GEM listing rules and ensuring transparency in its operations[15]. Financial Position and Assets - As of June 30, 2023, the group's current assets net value was approximately HKD 167,000,000, down from HKD 180,000,000 as of December 31, 2022[40]. - The company's net asset value decreased to HKD 187,985,156 as of June 30, 2023, down from HKD 199,740,530 at the end of 2022, a decline of 5.9%[64]. - The total assets as of June 30, 2023, amounted to HKD 241,504,780, with segment assets for financial services at HKD 172,580,757[92]. - The company's total liabilities decreased to HKD 45,507,294 from HKD 65,908,361, indicating a 30.9% reduction[60]. Cash Flow and Financing - The cash flow from operating activities for the six months ended June 30, 2023, was (HKD 13,497,778), compared to (HKD 45,280,863) for the same period in 2022, indicating an improvement in cash flow management[71]. - The net cash used in financing activities for the six months ended June 30, 2023, was (HKD 6,245,031), compared to cash inflow of HKD 57,835,631 in the same period of 2022, indicating a significant change in financing strategy[71]. - Cash flow from investing activities showed a net inflow of HKD 37,987 for the six months ended June 30, 2023, compared to a net outflow of (HKD 85,249) in the same period of 2022[71]. Employee and Management Costs - The total employee cost for the six months ended June 30, 2023, was approximately HKD 14,000,000, a decrease from HKD 15,000,000 in the same period last year[46]. - The total remuneration for key management personnel decreased to HKD 1,654,500 for the six months ended June 30, 2023, from HKD 2,061,000 for the same period in 2022, representing a decline of 19.7%[148]. Share Capital and Equity - The company's issued share capital increased to 229,418,448 shares as of June 30, 2023, from 57,354,612 shares at the beginning of the year, reflecting a significant increase due to a rights issue[133]. - The total amount of shares issued during the rights issue was 172,063,836 shares at a subscription price of HKD 0.38 per share[139].

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佈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。 （於開曼群島註冊成立的有限公司） 8112 （股份代號： ） 2023 6 30 截至 年 月 日止六個月 中期業績公佈 基石金融控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附屬公司 2023 6 30 2023 6 30 截至 年 月 日止六個月的未經審核業績。本公佈載有本公司截至 年 月 日止六個 2023 GEM 月的中期報告（「 年中期報告」）全文，並遵守香港聯合交易所有限公司（「聯交所」） 證 GEM 2023 券上市規則（「 上市規則」）有關中期業績初步公佈附載資料的相關規定。 年中期報告 (www.cs8112.com) (www.hkexnews.hk) 將於本公司網站 及聯交所網站 刊載，且其印刷本將於適 GEM 當時候根據 上市規則的相關規定寄發予本公司股東。 承董事會命 基石金融控股有限公司 主席兼執行董事 高冉 2023 8 14 ...

Financial Performance - The group's gross profit for the three months ended March 31, 2023, was approximately HKD 9,600,000, an increase of about 42% compared to HKD 6,800,000 for the same period in 2022[8]. - The group reported a revenue of HKD 14,053,034 for the three months ended March 31, 2023, representing a 42% increase from HKD 10,657,918 in the same period of 2022[22]. - The group's revenue for the three months ended March 31, 2023, was approximately HKD 14,100,000, an increase of about 32% compared to HKD 10,700,000 for the same period in 2022[23]. - Revenue from advertising and media business increased by approximately 38% or HKD 3,300,000 to HKD 11,900,000, while financial services revenue slightly increased by about 6% or HKD 100,000 to HKD 2,100,000[23]. - The total revenue for Cornerstone Financial Holdings Limited for the period ended March 31, 2023, was approximately HKD 14.1 million, with a net loss of about HKD 3.6 million[48]. - Revenue from the advertising and media business was approximately HKD 11.9 million, representing a year-on-year increase of about 38%, although it has not yet returned to pre-COVID-19 levels[48]. - Revenue from financial services was approximately HKD 2.1 million, reflecting a year-on-year growth of about 6%[48]. - The company's total revenue for the three months ended March 31, 2023, was HKD 14,053,034, compared to HKD 10,657,918 in the same period last year, indicating an increase of approximately 31.5%[96]. Cost and Expenses - The total employee cost for the three months ended March 31, 2023, was approximately HKD 6,900,000, down from HKD 7,600,000 for the same period in 2022[11]. - Administrative expenses for the three months ended March 31, 2023, were approximately HKD 18,700,000, a 44% increase from HKD 13,000,000 in the same period last year[24]. - The group's earnings before interest, tax, depreciation, and amortization (EBITDA) for the three months ended March 31, 2023, was approximately HKD 5,200,000, up from HKD 3,800,000 in the previous year[26]. - The loss attributable to the company's owners for the three months ended March 31, 2023, was approximately HKD 3,500,000, compared to a loss of about HKD 6,900,000 in the same period last year[26]. Assets and Liabilities - The group's current assets net value as of March 31, 2023, was approximately HKD 176,000,000, with cash and cash equivalents around HKD 108,000,000[27]. - The debt ratio as of March 31, 2023, was approximately 1.8%, a slight decrease from 1.9% as of December 31, 2022[28]. - The total equity as of March 31, 2023, was HKD 158,827, reflecting a decrease from HKD 170,648,832 as of December 31, 2021[89]. Advertising and Media Strategy - The group continues to hold exclusive advertising sales rights for various strategic locations, including LED panels in Tsim Sha Tsui and Kwun Tong, attracting significant foot traffic[2][3][18]. - The group has established partnerships for advertising rights at AZ @ Paya Lebar and Ark @ KB, targeting small and medium enterprises in Singapore[4]. - The group is expanding its digital outdoor media network and exploring new static/LED outdoor locations to enhance its advertising reach[19]. - The group anticipates an increase in advertising spending by advertisers in 2023 as COVID-19 restrictions are lifted in Hong Kong and Singapore[19]. - The group expanded its outdoor media network in Singapore, adding a new location to have a total of twelve outdoor sites[41]. - The group maintains exclusive advertising sales rights for all media and event spaces at Galaxis, a modern business space located above One-North MRT station[43]. - The company operates seven large LED panels in strategic locations in Hong Kong, leveraging its successful experience in digital media operations[80]. Future Outlook and Growth - Management expresses cautious optimism regarding future business prospects as the global economy recovers post-COVID-19[48]. - The company continues to seek new investment opportunities in various growth sectors to diversify its business[48]. - The management plans to expand the margin financing business to tap into the potential high-net-worth client base in China[76]. - The company is upgrading its digital media panels to pDOOH displays in Singapore, anticipating significant growth in this area over the coming years[79]. - The partnership with Hivestack for programmatic digital out-of-home (pDOOH) advertising has been successfully extended to Hong Kong, with expectations for significant growth in this area[57]. Corporate Governance and Compliance - The company has complied with the GEM Listing Rules and corporate governance codes since January 1, 2022, with no reported violations for the three months ended March 31, 2023[137]. - The audit committee reviewed the unaudited financial information for the first quarter, confirming compliance with applicable accounting standards and sufficient disclosure[139]. - The company has not established an internal audit function but will appoint an independent external consulting firm to audit its risk management and internal control systems annually[138]. - The audit committee consists of three independent non-executive directors and is responsible for reviewing the company's risk management and internal control systems[151]. - There were no conflicts of interest reported among directors or major shareholders during the three months ended March 31, 2023[135]. Shareholder Information - The company had issued a total of 229,418,448 shares, with no individual or company holding 5% or more of the shares as of March 31, 2023[146]. - The company completed a rights issue on April 26, 2022, issuing 172,063,836 shares at a subscription price of HKD 0.38 per share[141]. - The basic loss per share for the three months ended March 31, 2023, was HKD 3,499,861, with a weighted average number of shares of 229,418,448, compared to a loss of HKD 6,913,730 and 57,916,687 shares for the same period in 2022[128]. Dividend and Capital Expenditure - The board did not recommend any dividend payment for the three months ended March 31, 2023, consistent with the previous year[10]. - Capital expenditure for the three months ended March 31, 2023, was HKD 64,000[98]. - Depreciation of property, plant, and equipment for the three months ended March 31, 2023, amounted to HKD 185,809[98].

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佈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。 （於開曼群島註冊成立的有限公司） 8112 （股份代號： ） 2023 3 31 截至 年 月 日止三個月 第一季度業績公佈 基石金融控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附屬公 2023 3 31 2023 3 31 司截至 年 月 日止三個月的未經審核業績。本公佈載有本公司截至 年 月 日止三 2023 個月的第一季度報告（「 年第一季度報告」）全文，並遵守香港聯合交易所有限公司（「聯交 GEM GEM 所」） 證券上市規則（「 上市規則」）有關第一季度業績初步公佈附載資料的相關規定。 2023 (www.cs8112.com) (www.hkexnews.hk) 年第一季度報告將於本公司網站 及聯交所網站 刊 GEM 載，且其印刷本將於適當時候根據 上市規則的相關規定寄發予本公司股東。 承董事會命 基石金融控股有限公司 主席兼執行董事 高冉 2023 5 15 ...

Financial Performance - For the fiscal year ended December 31, 2022, the group recorded total revenue of approximately HKD 55.6 million, a slight decrease from HKD 56.1 million in 2021[15] - The net loss for the fiscal year was approximately HKD 32.6 million, compared to a net loss of HKD 14.3 million in 2021, indicating a significant increase in losses[15] - The group's revenue for 2022 was approximately HKD 55,568,368, a decrease of about 1% from HKD 56,133,391 in 2021[30] - Gross profit for 2022 was approximately HKD 35,881,869, down about 3% from HKD 37,039,762 in 2021, resulting in a gross margin decrease from approximately 66% to 65%[31] - The group's EBITDA for 2022 was approximately HKD (22,694,210), compared to HKD 1,264,708 in 2021, indicating a significant decline in operational performance[30] - The net loss for 2022 was approximately HKD 32,598,174, compared to a net loss of HKD (14,301,244) in 2021[30] - The group reported a loss per share of approximately HKD 0.1824 for 2022, an improvement from a loss of HKD 0.2683 in 2021[33] - Administrative expenses for the year were approximately HKD 61,600,000, an increase of about 18% or HKD 9,300,000 compared to HKD 52,300,000 in 2021[53] - The company recorded a loss attributable to equity holders of approximately HKD 32,000,000 for the year, compared to a loss of approximately HKD 15,500,000 in the previous year[54] Revenue Segmentation - Advertising and media business contributed approximately HKD 46.3 million to revenue, up from HKD 43.4 million in 2021, but still below the pre-COVID level of HKD 77.6 million in 2019[15] - Financial services segment generated revenue of approximately HKD 9.3 million, down from HKD 12.7 million in 2021, reflecting challenges in the market[16] - The financial services segment's revenue accounted for approximately 17% of total revenue, down from 23% in 2021[31] - Revenue from advertising and media business increased by approximately 7% or HKD 2,900,000 to HKD 46,300,000, but has not yet recovered to pre-COVID-19 levels[52] - Revenue from financial services decreased by approximately 27% or HKD 3,400,000 to HKD 9,300,000 due to reduced trading activities in a challenging market environment[52] Margin Financing and Loans - Margin financing business accounted for over 94% of the revenue from Cornerstone Securities, highlighting its importance to the group's financial services[17] - As of December 31, 2022, the group had granted margin financing loans totaling approximately HKD 95 million, an increase from HKD 90.1 million in 2021[16] - As of December 31, 2022, the group's margin loan book net value (after expected credit loss provisions) was approximately HKD 77,704,000, a decrease from HKD 80,757,000 in 2021[82] - The group recognized a provision for expected credit losses of HKD 9,100,000 related to margin loans and trade receivables during the reporting period[32] Digital Media and Advertising - The group has established a digital outdoor media network covering 1,560 buildings in Hong Kong and Singapore, with a slight decrease from 1,573 buildings in 2021[18] - The company operates a comprehensive digital outdoor media network in Hong Kong and Singapore, with a significant focus on programmatic digital out-of-home (pDOOH) advertising, which is expected to be a major growth area in the coming years[105] - The company has upgraded its digital screens in Singapore to meet advertisers' demands for flexibility and audience targeting, allowing for automated media buying through platforms like Hivestack and Vistar[105] - The company holds exclusive advertising sales rights for three LED panels in prime locations in Hong Kong, targeting high foot traffic areas[42][43][44] - The company continues to expand its digital outdoor media network by gradually adding new static and LED outdoor locations[112] - The company has established partnerships to market outdoor spaces in key buildings, such as CIMB Plaza and Raffles Place, further enhancing its advertising reach[110] Future Outlook and Strategy - Management maintains a cautiously optimistic outlook for future business prospects as the global economy recovers post-COVID-19[6] - The group plans to continue exploring investment opportunities in various sectors to achieve business diversification[6] - Estimated revenue growth rates for Hong Kong cash-generating units from 2023 to 2026 are projected at 17.26%, 4.72%, 3.61%, and 2.50% respectively[74] - Estimated revenue for Hong Kong cash-generating units in 2023 is projected to be HKD 27,700,000, increasing to HKD 31,500,000 by 2027[74] Corporate Governance - The board of directors will rotate one-third of its members at the 2023 annual general meeting, with Mr. Gao Ran, Mr. An Xilei, and Mr. Huang Xiongji being eligible for re-election[132] - The audit committee held four meetings during the fiscal year, with all members attending all meetings[154] - The company recognizes the importance of board independence for effective corporate governance and has established mechanisms to ensure strong independent elements within the board[134] - The roles of the chairman and CEO are separated to enhance governance, with the chairman focusing on business development strategy and the CEO on daily operations[163] - The company has mechanisms in place to ensure compliance with the new corporate governance code, reflecting updates to the relevant GEM listing rules[152] Financial Position - The group's total assets as of December 31, 2022, were valued at HKD 281,057,270, compared to HKD 240,426,903 in 2021[101] - The group's total liabilities as of December 31, 2022, amounted to HKD 81,316,740, an increase from HKD 69,778,071 in 2021[101] - The debt ratio of the group, calculated as total debt divided by total capital, was approximately 1.9% as of December 31, 2022, down from 2.3% in 2021[85] - The group forecasts cash flow for the next five years based on a growth rate of 2.0% for Hong Kong and 1.5% for Singapore, aligned with estimated inflation rates for 2027[76] Compliance and Reporting - The company has implemented new Hong Kong Financial Reporting Standards, which are not expected to have a significant impact on its performance or financial position in the foreseeable future[123] - The company will reassess deferred tax assets and liabilities at the end of each reporting period, adjusting if sufficient taxable profits are no longer expected[187] - The company recognizes foreign exchange differences in profit or loss as they arise from currency remeasurement[171] - The company will conduct annual evaluations of the independence of all independent non-executive directors[176]

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佈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。 （於開曼群島註冊成立的有限公司） 8112 （股份代號： ） 2022 12 31 截至 年 月 日止年度 全年業績公佈 基石金融控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其附屬公司 2022 12 31 2022 截至 年 月 日止年度的經審核綜合業績（「全年業績」）。本公佈載有本公司截至 年 12 31 2022 月 日止年度的 年年度報告（「年度報告」）全文，並遵守香港聯合交易所有限公司（「聯 GEM GEM 交所」） 證券上市規則（「 上市規則」）有關全年業績初步公佈附載資料的相關規定。全 年業績已由董事會及本公司審核委員會審閱。 (www.cs8112.com) (www.hkexnews.hk) 年度報告將於本公司網站 及聯交所網站 刊載，且其印刷 GEM 本將於適當時候根據 上市規則的相關規定寄發予本公司股東。 承董事會命 基石金融控股有限公司 主席兼執行董事 ...

基 石 金 融 控 股 有 限 公 司 CORNERSTONE FINANCIAL HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號 : 8112 3rd Quarterly Report 第三季業績報告 香港聯合交易所有限公司（「聯交所」）GEM之特點 GEM乃為較於聯交所上市的其他公司帶有更高投資風險的中小型公司提供上市的市場。有意投資者應 了解投資於該等公司的潛在風險，並應經過審慎周詳考慮後方作出投資決定。 鑒於GEM上市公司通常為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣之證券承受較大 的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔 任何責任。 基石金融控股有限公司（「本公司」）各董事（「董事」）願就本報告所載內容共同及個別承 ...

Financial Performance - For the period ending June 30, 2022, Cornerstone Financial Holdings Limited reported total revenue of approximately HKD 24,000,000 and a net loss of approximately HKD 17,000,000[5]. - The group's revenue for the six months ended June 30, 2022, was approximately HKD 23,726,173, a decrease of about 11% compared to HKD 26,644,274 for the same period in 2021[22]. - Gross profit for the same period was approximately HKD 14,439,425, down about 18% from HKD 17,703,145 in the previous year, resulting in a gross margin decrease from approximately 66% to 61%[23]. - The net loss attributable to the company's owners for the six months ended June 30, 2022, was approximately HKD 16,736,640, compared to a net loss of HKD 5,441,189 for the same period in 2021[22]. - The group’s EBITDA for the six months ended June 30, 2022, was approximately HKD (10,466,455), compared to HKD 491,046 in the same period of the previous year, indicating a significant decline in operational performance[22]. - The company reported a pre-tax loss of HKD 16,220,858 for the six months ended June 30, 2022, compared to a pre-tax loss of HKD 4,619,478 for the same period in 2021, representing a significant increase in losses[83]. - The group reported a pre-tax loss of HKD 16,997,798 for the first half of 2022, compared to a loss of HKD 5,854,365 in the same period of 2021[97]. - The company reported a segment loss of HKD 4,096,060 for advertising and media services for the six months ended June 30, 2022, compared to a profit of HKD 220,437 in the same period of 2021[83]. Revenue Breakdown - Advertising and media business contributed approximately HKD 19,000,000 to revenue, down from HKD 20,000,000 in the same period last year, indicating a recovery not yet back to pre-COVID-19 levels[5]. - Financial services segment generated revenue of approximately HKD 4,000,000, a decrease from HKD 7,000,000 in the same period last year, attributed to reduced trading volumes[5]. - Revenue from customer contracts for the six months ended June 30, 2022, was HKD 19,693,945, a decrease of 9% from HKD 21,651,927 in the same period of 2021[70]. - Advertising and media services generated revenue of HKD 19,387,395 in the first half of 2022, down from HKD 20,076,814 in 2021, reflecting a decrease of about 3.4%[75]. - Financial services revenue for the six months ended June 30, 2022, was HKD 4,338,778, compared to HKD 6,567,460 in the same period of 2021, indicating a decline of approximately 33.5%[82]. Expenses and Costs - Administrative expenses increased by approximately 33% to HKD 30,300,000, primarily due to professional service fees and employee costs[24]. - Total service costs increased to HKD 9,286,748 in the first half of 2022, up from HKD 8,941,129 in the same period of 2021, representing a rise of 3.9%[90]. - The company incurred depreciation expenses of HKD 4,530,301 across its segments for the six months ended June 30, 2022[77]. - Depreciation of right-of-use assets was HKD 2,179,488 for the first half of 2022, compared to HKD 1,365,045 in the same period of 2021, reflecting a significant increase of 60%[90]. Cash Flow and Financial Position - The company's cash and cash equivalents as of June 30, 2022, were approximately HKD 114,000,000, an increase from HKD 102,000,000 as of December 31, 2021[27]. - Operating cash flow for the six months ended June 30, 2022, was a net outflow of HKD 45,280,863, compared to an inflow of HKD 1,654,801 in the same period of 2021[59]. - The company's total equity as of June 30, 2022, was HKD 215,501,557, compared to HKD 179,498,725 at the end of December 2021, indicating an increase of approximately 20%[54]. - Total assets as of June 30, 2022, amounted to HKD 255,888,099, an increase from HKD 215,120,594 as of December 31, 2021[49]. - The total liabilities as of June 30, 2022, were HKD 66,340,622, up from HKD 69,778,071 as of December 31, 2021, indicating a decrease of about 5.5%[77]. Business Development and Strategy - The company aims to explore various opportunities for business development and expansion despite current economic conditions[5]. - Management remains cautiously optimistic about future business prospects as government measures to control the pandemic are expected to improve the economy[5]. - The company is actively seeking ways to increase financial resources to facilitate business growth in response to anticipated demand for new margin loans[8]. - The company continues to upgrade flat screens to programmatic digital out-of-home (pDOOH) displays in Singapore, anticipating significant growth in this area over the coming years[11]. - The company is actively seeking to expand its digital outdoor media network by adding new static/LED outdoor locations[19]. Shareholder and Capital Information - The company completed a rights issue in April 2022, raising approximately HKD 65,000,000 to support the development of its financial services business[5]. - The company issued 172,063,836 new shares during the rights issue completed on April 26, 2022, raising capital at a subscription price of HKD 0.38 per share[112]. - The total issued share capital increased to 229,418,448 shares as of June 30, 2022, up from 57,354,612 shares at the end of 2021, representing a 300% increase[112]. - The company did not recommend any dividend for the six months ended June 30, 2022, consistent with the previous year[37]. Risk Management and Governance - The Audit Committee has been established and is responsible for reviewing the company's risk management and internal control systems, as well as financial statements[138]. - The company has complied with the corporate governance code as per the GEM Listing Rules during the six months ending June 30, 2022[136]. - The company has adopted the GEM Listing Rules regarding the conduct of securities trading by directors, and there were no reported breaches of these standards during the six months ending June 30, 2022[135].