Financial Performance - The company's revenue for the year ended December 31, 2023, was HKD 2,080,324, a decrease of 11.9% compared to HKD 2,362,390 in 2022[4] - The operating profit for the year was HKD 45,746, down 35.9% from HKD 71,497 in the previous year[4] - The net profit for the year was HKD 4,078, a significant decrease of 84.4% compared to HKD 26,104 in 2022[4] - Basic and diluted earnings per share decreased to HKD 0.86 from HKD 5.48, a decline of 84.3%[6] - Total revenue for the year 2023 was HKD 2,080,324,000, a decrease of 11.9% from HKD 2,362,390,000 in 2022[38] - The profit for the automotive sales and services segment was HKD 9,577 in 2023, a significant decrease from HKD 47,161 in 2022[48] - For the year ended December 31, 2023, total revenue decreased by 11.9% to HKD 2,080,324,000 from HKD 2,362,390,000 in the previous year, with profit dropping 84.4% to HKD 4,078,000 from HKD 26,104,000, primarily due to intense price competition among major automotive brands in China[72] Revenue Breakdown - Automobile sales revenue amounted to HKD 1,470,027,000, down from HKD 1,752,680,000 in the previous year, reflecting a decline of 16.1%[38] - Revenue from automobile services and parts sales was HKD 579,560,000, slightly up from HKD 577,473,000, indicating a marginal increase of 0.2%[38] - Technical service fee income decreased to HKD 8,896,000 from HKD 10,010,000, representing a decline of 11.1%[38] - Automobile leasing revenue was HKD 21,841,000, a slight decrease from HKD 22,227,000, showing a decline of 1.7%[38] - Revenue from mainland China was HKD 2,058,483 in 2023, down 12.0% from HKD 2,340,163 in 2022[53] Assets and Liabilities - Total assets as of December 31, 2023, were HKD 1,758,886, compared to HKD 1,737,849 in 2022, reflecting a slight increase of 1.2%[8] - Current assets decreased to HKD 1,293,109 from HKD 1,257,472, a decrease of 2.8%[8] - The company's total liabilities increased to HKD 853,595 from HKD 842,082, an increase of 1.6%[9] - The total liabilities for 2023 were HKD 992,873, compared to HKD 967,861 in 2022, indicating an increase in financial obligations[51] - Trade receivables at the end of 2023 amounted to HKD 104,688,000, a decrease from HKD 135,501,000 in 2022[67] Other Income and Expenses - Other income increased to HKD 107,761 from HKD 59,891, representing an increase of 79.9%[4] - Financial costs increased to HKD 38,028,000 in 2023 from HKD 33,156,000 in 2022, reflecting higher interest expenses[57] - The company recorded a total tax expense of HKD 3,640,000 for 2023, down from HKD 12,237,000 in 2022[63] - Employee benefits expenses decreased by 4.1% to HKD 129,747,000 from HKD 135,364,000, reflecting a reduction in employee commissions and average headcount[80] Accounting Standards and Compliance - The adoption of Hong Kong Accounting Standard No. 1 (revised) has been applied prospectively since January 1, 2023, with no impact on the group's financial position or performance, but it has affected the disclosure of accounting policies in Note 2 of the consolidated financial statements[13] - The introduction of a new definition for accounting estimates under Hong Kong Accounting Standard No. 8 (revised) clarifies the distinction between changes in accounting policies and changes in accounting estimates, effective from January 1, 2023, with no impact on the group's consolidated financial statements[15] - The group has adopted the revisions to Hong Kong Accounting Standard No. 12 (revised) regarding deferred tax assets and liabilities related to single transactions, effective from January 1, 2023, requiring recognition of relevant deferred tax assets and liabilities at initial recognition[16] - The revisions to Hong Kong Financial Reporting Standard No. 16 (revised) regarding sale and leaseback transactions will be effective from January 1, 2024, and are not expected to have a significant impact on the consolidated financial statements[25] Future Outlook - The company plans to continue focusing on expanding its automotive sales and related services, although specific future projections were not detailed in the report[11] - The company plans to launch new electric vehicle models in 2024, aiming for significant sales growth compared to 2023[99] - The company remains optimistic about stable operations despite challenges in the automotive industry[99] Corporate Governance - The company has complied with corporate governance codes throughout the year ending December 31, 2023[111] - The audit committee held five meetings during the fiscal year ending December 31, 2023, reviewing quarterly, interim, and annual performance, as well as risk management and internal control systems[114] - The financial performance for the year ending December 31, 2023, has been audited and reviewed by the audit committee[114]

Financial Performance - For the three months ended September 30, 2023, G.A. Holdings reported revenue of HKD 516,045,000, a decrease of 18.6% compared to HKD 634,565,000 for the same period in 2022[6]. - Total income for the nine months ended September 30, 2023, was HKD 1,608,350,000, down 10.8% from HKD 1,802,976,000 in the previous year[6]. - The net profit for the nine months ended September 30, 2023, was HKD 3,375,000, a significant decrease of 85.8% from HKD 23,905,000 in the previous year[6]. - For the nine months ended September 30, 2023, the company's unaudited consolidated revenue decreased by 12.9% to HKD 1,534,431,000 from HKD 1,761,765,000 for the same period in 2022[34]. - Revenue from automobile sales for the nine months ended September 30, 2023, decreased by 18.0% to HKD 1,067,936,000 from HKD 1,302,485,000 for the same period in 2022, primarily due to intense price competition[35]. - Operating profit for the nine months ended September 30, 2023, decreased by 26.1% to HKD 163,800,000 from HKD 221,590,000 for the same period in 2022, with an operating margin of 10.7% compared to 12.6% in the previous year[40]. Profitability and Earnings - The operating profit for the three months ended September 30, 2023, was HKD 20,859,000, an increase of 189.5% compared to HKD 7,196,000 in the same period of 2022[6]. - Basic and diluted earnings per share for the three months ended September 30, 2023, were HKD 1.50, compared to a loss of HKD 0.52 in the same period of 2022[7]. - The company's attributable profit for the nine months ended September 30, 2023, was HKD 3,375,000, a decrease from HKD 23,905,000 for the same period in 2022, attributed to the price war among major automotive brands in China[48]. Revenue Breakdown - Vehicle sales revenue was HKD 358,229 thousand, down 23.9% from HKD 470,629 thousand year-on-year[24]. - Automotive service and parts sales revenue increased slightly to HKD 150,082 thousand, compared to HKD 155,892 thousand in the previous year, reflecting a decrease of 3.5%[24]. - Total income from vehicle leasing was HKD 5,488 thousand, a marginal increase from HKD 5,267 thousand in the same quarter last year[24]. - Other income increased to HKD 73,919,000 for the nine months ended September 30, 2023, from HKD 41,211,000 for the same period in 2022, mainly due to an increase in consulting service income[41]. - The company reported a significant increase in consultancy service income, which rose to HKD 23,017 thousand from HKD 9,746 thousand, marking a growth of 136.5%[24]. - Financial guarantee income increased to HKD 1,243 thousand from HKD 575 thousand, representing a growth of 116.5% year-on-year[24]. Expenses and Costs - Employee benefit expenses for the nine months ended September 30, 2023, were HKD 97,329,000, a slight decrease from HKD 100,950,000 in the same period of 2022[6]. - Employee benefit expenses decreased by 3.6% to HKD 97,329,000 for the nine months ended September 30, 2023, compared to HKD 100,950,000 for the same period in 2022[42]. - Financial costs increased to HKD 28,858,000 for the nine months ended September 30, 2023, from HKD 25,250,000 for the same period in 2022, primarily due to rising overall interest rates[47]. Foreign Exchange and Other Losses - The company experienced a foreign exchange loss of HKD 17,964,000 for the nine months ended September 30, 2023, compared to a loss of HKD 75,712,000 in the same period of 2022[7]. - The company recorded a foreign exchange loss of HKD 2,247,000 for the nine months ended September 30, 2023, compared to HKD 4,742,000 for the same period in 2022[45]. Corporate Governance and Compliance - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[67]. - The company has adhered to corporate governance standards as outlined in the GEM listing rules during the reporting period[68]. - The audit committee reviewed the unaudited condensed consolidated financial statements for the nine months ended September 30, 2023, which were approved by the board on November 9, 2023[69]. - The audit committee consists of Mr. Zhou Ming (Chairman), Ms. Guan Xin, and Mr. Lin Ju Zheng, focusing on financial reporting and risk management[69]. Shareholder Information - Major shareholders include Mr. Luo Ping with 22.63% ownership and Loh & Loh Construction Group Ltd. with 9.51%[55]. - The board does not recommend the distribution of an interim dividend for the nine months ending September 30, 2023, consistent with the previous year[49]. - No share options were granted under the share option scheme during the nine months ending September 30, 2023[63]. Strategic Focus - G.A. Holdings is focused on expanding its automotive sales and related technical services, as well as enhancing its automotive rental services[11]. - The management expects to continue focusing on expanding automotive services and enhancing technology fees to drive future growth[24]. - The company maintains its leading position in the luxury car market in China, despite ongoing price wars, and is actively investing in the electric vehicle market[51]. Assets and Guarantees - As of September 30, 2023, the company’s total unaudited assets are approximately HKD 1,690,502,000[65]. - The company provided guarantees amounting to HKD 143,444,000 to Zhongbao Group, representing 8.5% of its asset ratio[65].

Financial Performance - Revenue for the six months ended June 30, 2023, was HKD 1,018,386, a decrease of 9.7% compared to HKD 1,127,200 for the same period in 2022[5] - Operating profit for the six months ended June 30, 2023, was HKD 21,392, down 61.6% from HKD 55,662 in the previous year[7] - The net loss for the six months ended June 30, 2023, was HKD 3,784, compared to a profit of HKD 26,380 in the same period of 2022[7] - The company reported a basic and diluted loss per share of HKD 0.79 for the six months ended June 30, 2023, compared to earnings of HKD 5.54 in the same period of 2022[7] - The company’s total profit for the six months ended June 30, 2023, was HKD 4,009 thousand, a significant decrease of 89.4% from HKD 37,687 thousand in the prior year[42] - The company incurred a foreign exchange loss of HKD 22,955,000 during the period, contributing to the overall comprehensive expenses totaling HKD 26,739,000[13] - The financial costs for the six months ended June 30, 2023, amounted to HKD 19,766,000, an increase of 13% from HKD 17,504,000 in the same period of 2022[52] - The total income tax expense for the six months ended June 30, 2023, was HKD 5,410,000, down from HKD 11,778,000 in the same period of 2022, reflecting a decrease of 54%[53] Assets and Liabilities - Total assets as of June 30, 2023, amounted to HKD 1,161,791, a decrease from HKD 1,257,472 as of December 31, 2022[9] - Current liabilities decreased to HKD 749,795 as of June 30, 2023, from HKD 842,082 at the end of 2022[10] - The company’s total non-current assets (excluding financial instruments) as of June 30, 2023, were HKD 1,609,807 thousand, down from HKD 1,737,849 thousand as of December 31, 2022[46] - The company’s total liabilities decreased from HKD 722,358,000 as of December 31, 2022, to HKD 695,619,000 as of June 30, 2023, indicating a reduction in financial obligations[13] - The total equity as of June 30, 2023, was HKD 743,249, down from HKD 769,988 at the end of 2022[10] - As of June 30, 2023, the total equity attributable to the company's owners was HKD 743,249,000, a decrease from HKD 815,812,000 as of June 30, 2022, representing a decline of approximately 8.8%[13] Revenue Breakdown - Automotive sales revenue for the six months ended June 30, 2023, was HKD 709,707 thousand, down 14.7% from HKD 831,856 thousand in 2022[30] - Revenue from automotive services and sales of auto parts increased to HKD 293,230 thousand for the six months ended June 30, 2023, up 5.5% from HKD 279,145 thousand in 2022[30] - Other income for the six months ended June 30, 2023, totaled HKD 44,170 thousand, significantly higher than HKD 27,908 thousand in 2022, representing a 58.2% increase[33] - The company reported a total of HKD 1,007,299 thousand in revenue from mainland China for the six months ended June 30, 2023, down from HKD 1,115,647 thousand in 2022, a decrease of 9.7%[32] - The company’s revenue from corporate clients for the six months ended June 30, 2023, was HKD 189,499 thousand, down from HKD 201,879 thousand in 2022[32] Operational Insights - The company plans to continue focusing on the automotive sales and related services sector, which remains its primary business area[17] - The company is actively managing its financing activities, with new borrowings of HKD 432,842,000 and repayments of HKD 482,459,000 during the reporting period[15] - The company reported a decrease in cash and cash equivalents to HKD 60,684,000 as of June 30, 2023, down from HKD 101,600,000 at the end of June 2022, a decline of approximately 40.4%[15] - The company made non-current asset additions (excluding financial instruments) of HKD 10,968 thousand for the automotive sales and services business during the six months ended June 30, 2023[36] - The company purchased property, plant, and equipment at a total cost of approximately HKD 14,882,000 for the six months ended June 30, 2023, a decrease of 78% from HKD 67,664,000 in the same period of 2022[60] Employee and Governance - The company had a total of 752 employees as of June 30, 2023, down from 799 as of December 31, 2022, due to cost control measures[115] - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2023, consistent with the previous year[120] - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[136] - The audit committee, established on June 5, 2002, is responsible for reviewing financial reports and internal controls[138] - The company has complied with corporate governance codes as per GEM listing rules during the reporting period[137]

（於開曼群島註冊成立之有限公司 並以German Automobiles International Limited之名稱於香港經營業務） （股份代號：8126） 中期業績公佈 截至二零二三年六月三十日止六個月 香港聯合交易所有限公司（「聯交所」）GEM之特點 GEM之定位，乃為中小型公司提供一個上市之市場，此等公司相比起其他在聯交所上市 之公司帶有較高投資風險。有意投資者應了解投資於該等公司之潛在風險，並應經過審 慎周詳考慮後方作出投資決定。 鑑於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之 證券承受較大市場波動風險，同時亦無法保證在GEM買賣之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公佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 本公佈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 G.A.控股有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本公佈的資料共同及 個別地承擔全部責任。各董事在作出一切合理查詢 ...

Financial Performance - Revenue for the first quarter of 2023 was HKD 534,044,000, a decrease of 12.6% compared to HKD 611,226,000 in the same period of 2022[4] - The operating profit for the first quarter of 2023 was HKD 7,597,000, down 74.7% from HKD 30,034,000 in the previous year[4] - The net loss for the period was HKD 4,877,000, compared to a profit of HKD 14,831,000 in the same quarter of 2022[6] - The total comprehensive income for the period was HKD 11,811,000, a decrease of 41.2% from HKD 20,059,000 in the prior year[6] - Sales from automobile sales were HKD 373,369,000, down 17.4% from HKD 452,208,000 in the previous year[15] - Revenue from automobile services and sales of auto parts was HKD 152,930,000, slightly up from HKD 150,426,000, indicating a growth of 1.7%[15] - The basic and diluted loss per share for the first quarter was HKD 1.02, compared to earnings of HKD 3.11 per share in the same quarter of 2022[6] - For the three months ended March 31, 2023, the company's unaudited consolidated revenue decreased by 12.6% to HKD 534,044,000 from HKD 611,226,000 for the same period in 2022[22] - Revenue from automobile sales dropped by 17.4% to HKD 373,369,000 compared to HKD 452,208,000 in the previous year, primarily due to intense price competition[23] - Operating profit for the three months ended March 31, 2023, was HKD 50,256,000, a decrease of 41.4% from HKD 85,809,000 in the same period last year, with an operating margin of 9.4% compared to 14.0%[28] Other Income and Expenses - Other income increased to HKD 20,944,000 from HKD 13,436,000, representing a growth of 55.7% year-on-year[4] - Other income increased by 55.9% to HKD 20,944,000 from HKD 13,436,000, mainly due to a rise in consulting service revenue[30] - Employee benefit expenses decreased by 9.2% to HKD 34,092,000 from HKD 37,547,000, primarily due to reduced commissions resulting from lower revenue and operating profit[31] - Financial costs increased to HKD 10,874,000 from HKD 8,712,000, mainly due to an overall rise in interest rates[36] Shareholder Information - The total equity attributable to owners of the company as of March 31, 2023, was HKD 781,799,000, a decrease from HKD 835,871,000 as of March 31, 2022[8] - The company reported a loss attributable to shareholders of HKD 4,877,000 for the three months ended March 31, 2023, compared to a profit of HKD 14,831,000 in the same period of 2022[37] - Major shareholders include Mr. Luo Ping with 107,780,320 shares (22.63%) and Loh & Loh Construction Group Ltd. with 45,284,000 shares (9.51%)[44] - The company does not recommend the payment of an interim dividend for the three months ended March 31, 2023[38] Corporate Governance and Compliance - The company has complied with the corporate governance code as per GEM Listing Rules during the reporting period[55] - The audit committee reviewed the unaudited condensed consolidated financial statements for the three months ended March 31, 2023, which were approved by the board on May 10, 2023[57] - The board of directors consists of four executive directors and three independent non-executive directors as of the report date[59] - The company has not granted any rights to subscribe for shares or debt securities to directors or their associates during the reporting period[47] - No share options were granted under the share option scheme during the three months ended March 31, 2023[49] - There were no purchases or redemptions of the company's listed securities during the three months ended March 31, 2023[58] - The company has no interests or holdings in any competing businesses as of March 31, 2023[48] Future Outlook - The company anticipates that short-term revenue and profitability will be adversely affected by ongoing price wars in the automotive market despite signs of recovery in China's consumer economy[39] - The company plans to continue prudent cost control measures and enhance productivity while leveraging long-term relationships with luxury automotive suppliers to seize new opportunities[39] Assets and Guarantees - As of March 31, 2023, the unaudited total assets of G.A. Holdings Limited amounted to approximately HKD 1,708,562,000[52] - The company provided guarantees to Zhongbao Group totaling HKD 161,707,000, representing 9.5% of the asset ratio, an increase from HKD 158,450,000 (0.4%) as of December 31, 2022[53]

（於開曼群島註冊成立之有限公司 並以German Automobiles International Limited之名稱於香港經營業務） （股份代號：8126） 業績公佈 截至二零二三年三月三十一日止三個月 香港聯合交易所有限公司（「聯交所」）GEM之特點 GEM之定位，乃為中小型公司提供一個上市之市場，此等公司相比起其他在聯交所上市 之公司帶有較高投資風險。有意投資者應了解投資於該等公司之潛在風險，並應經過審 慎周詳考慮後方作出投資決定。 鑑於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣 之證券承受較大市場波動風險，同時亦無法保證在GEM買賣之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公佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 本公佈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 G.A.控股有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本公佈的資料共同及 個別地承擔全部責任。各董事在作出一切合理查詢 ...

Financial Performance - The overall revenue for the year ended December 31, 2022, decreased by 8.8% to HKD 2,362,390,000 from HKD 2,588,968,000 in the previous year[10]. - The profit for the year dropped to HKD 26,104,000 from HKD 65,433,000 in 2021[10]. - For the year ended December 31, 2022, total revenue decreased by 8.8% to HKD 2,362,390,000 from HKD 2,588,968,000 in the previous year[27]. - Profit for the year was HKD 26,104,000, a decrease of 60.1% compared to HKD 65,433,000 for the year ended December 31, 2021[27]. - Revenue from automobile sales decreased by 7.3% to HKD 1,752,680,000 from HKD 1,891,045,000 in the previous year[28]. - Revenue from automobile services and parts sales decreased by 12.5% to HKD 577,473,000 from HKD 659,705,000 in the previous year[29]. - Technical service fee income was HKD 10,010,000, a decrease of 2.1% from HKD 10,222,000 in the previous year[30]. - Revenue from the Hong Kong car rental business decreased by 20.6% to HKD 22,227,000 from HKD 27,996,000 in the previous year[31]. - Operating profit decreased by 22.0% to HKD 281,811,000 from HKD 361,155,000 in the previous year[33]. - Operating profit margin decreased to 11.9% from 13.9% in the previous year[33]. - Other income increased by 18.0% to HKD 59,891,000 from HKD 50,736,000 in the previous year[34]. Dividends and Capital Management - The company does not recommend paying any dividends for the year ended December 31, 2022, to retain sufficient operating capital for business expansion[11]. - The group did not recommend any dividend for the year ended December 31, 2022, consistent with the previous year[57]. - The company did not recommend any dividend payment for the year ended December 31, 2022, consistent with the previous year[63]. - As of December 31, 2022, the company had no distributable reserves available for distribution to shareholders[65]. Business Strategy and Market Outlook - The company anticipates that the overall social atmosphere in China will help drive the development of the automotive market in 2023[10]. - The company plans to continue implementing prudent cost control measures and improve productivity to seize new development opportunities[10]. - The company is focused on expanding its dealership business and related corporate development[11]. - The economic recovery in the first two months of 2023 is noted, but the sustainability of this recovery is uncertain[10]. - The group expects to capitalize on emerging business opportunities following the relaxation of COVID-19 restrictions in China starting December 2022[58]. Employee and Operational Insights - As of December 31, 2022, the group had a total of 799 employees, with employee costs amounting to HKD 135,364,000, representing approximately 5.7% of total revenue[48]. - Employee benefits expenses increased by 2.3% to HKD 135,364,000 from HKD 132,365,000 in the previous year[35]. - The company emphasizes the importance of providing quality services to customers as part of its strategy[10]. Governance and Compliance - The company has complied with the corporate governance code as per GEM Listing Rules throughout the year ending December 31, 2022[118]. - The board of directors held five meetings in 2022, with all executive directors attending all meetings[122]. - The company has adopted a code of conduct for securities trading by directors, with no violations reported during the year ending December 31, 2022[119]. - The roles of the chairman and the CEO are separated, with Ruan Jianping as chairman and Cai Zhongyou as CEO, ensuring a balance of power[132]. - The company has established clear written terms of reference for each board committee, outlining their responsibilities, powers, and functions[137]. - The independent non-executive directors have confirmed their independence in accordance with the guidelines set out in the GEM Listing Rules[136]. Risk Management - The company faces significant risks including political and regulatory risks in China, which is crucial as most operations are conducted there[160]. - Economic slowdown in China may suppress consumer spending, impacting sales of vehicles and related services[161]. - The company relies heavily on its IT infrastructure for operations, and any major deficiencies could lead to increased operational costs and reduced efficiency[165]. - The company has established a risk management and internal control system that is deemed sufficient and effective by the audit committee[160]. Environmental, Social, and Governance (ESG) Initiatives - The company has maintained compliance with environmental, social, and governance reporting guidelines throughout 2022[171]. - The report emphasizes the importance of transparency and accountability in environmental, social, and governance matters, with a dedicated working group established for oversight[182]. - The company conducts annual materiality assessments to understand stakeholder concerns and expectations regarding environmental, social, and governance issues[183]. - The company identified 24 key environmental, social, and governance (ESG) issues through stakeholder engagement and importance assessment[197]. - Stakeholders include government, shareholders, customers, employees, suppliers, and the community, with a focus on compliance, transparency, and ethical practices[196]. - The company aims to enhance risk management and internal controls to create shareholder value[196]. - Regular information disclosure is prioritized to maintain corporate transparency for shareholders[196].

（於開曼群島註冊成立之有限公司 並以German Automobiles International Limited之名稱於香港經營業務） （股份代號：8126） 全年業績公佈 截至二零二二年十二月三十一日止年度 及 建議修訂組織章程大綱及章程細則 香港聯合交易所有限公司（「聯交所」）GEM之特點 GEM之定位，乃為中小型公司提供一個上市之市場，此等公司相比起其他在聯交所上市 之公司帶有較高投資風險。有意投資者應了解投資於該等公司之潛在風險，並應經過審 慎周詳考慮後方作出投資決定。 鑑於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣 之證券承受較大市場波動風險，同時亦無法保證在GEM買賣之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公佈之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表明不會就本公佈全部或任何部份內容而產生或因依賴該等內 容而引致之任何損失承擔任何責任。 本公佈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 G.A.控股有限公司（「本公司」）的資料；本公司的董事（「董事」）願就本公佈共同及個別地 承擔全 ...

Financial Performance - For the three months ended September 30, 2022, the company reported revenue of HKD 634,565,000, an increase of 7.0% compared to HKD 592,846,000 for the same period in 2021[5] - For the nine months ended September 30, 2022, total revenue was HKD 1,761,765,000, a decrease of 12.2% from HKD 2,006,341,000 in the same period of 2021[5] - The company's operating profit for the three months ended September 30, 2022, was HKD 7,196,000, down 48.7% from HKD 14,027,000 in the same period of 2021[5] - The net loss for the three months ended September 30, 2022, was HKD 2,475,000, compared to a profit of HKD 4,672,000 in the same period of 2021[5] - The total comprehensive loss for the three months ended September 30, 2022, was HKD 45,019,000, compared to a comprehensive income of HKD 1,297,000 in the same period of 2021[7] - The company’s total comprehensive income for the nine months ended September 30, 2022, was a loss of HKD 51,807,000, compared to a gain of HKD 56,463,000 in the same period of 2021[7] - The group reported a basic loss attributable to owners of HKD 2,475,000 for the three months ended September 30, 2022, compared to a profit of HKD 4,672,000 in the same period of 2021[30] - Profit attributable to owners of the company for the nine months ended September 30, 2022, was HKD 23,905,000, a decrease from HKD 51,046,000 for the same period in 2021, primarily due to revenue and operating margin reductions caused by COVID-19 control measures in China[48] Revenue Breakdown - Revenue from automobile sales for the nine months ended September 30, 2022, decreased by 11.7% to HKD 1,302,485,000 from HKD 1,475,017,000 in the previous year[34] - Revenue from automobile services and sales of auto parts decreased by 13.3% to HKD 435,037,000 for the nine months ended September 30, 2022, compared to HKD 501,718,000 in the same period of 2021[35] - The automobile leasing business revenue for the nine months ended September 30, 2022, was HKD 16,820,000, a decrease of 22.2% compared to the previous year[38] Expenses and Costs - The company’s employee benefit expenses for the nine months ended September 30, 2022, were HKD 100,950,000, slightly up from HKD 99,127,000 in the same period of 2021[5] - Employee benefits expenses for the nine months ended September 30, 2022, were HKD 100,950,000, a slight increase of 1.8% compared to HKD 99,127,000 for the same period in 2021[42] - Depreciation and amortization expenses for the nine months ended September 30, 2022, were HKD 44,279,000, remaining stable compared to HKD 45,797,000 for the same period in 2021[43] - Other expenses for the nine months ended September 30, 2022, were HKD 48,227,000, a decrease of 13.1% from HKD 55,472,000 in the same period of 2021[45] - Financial costs slightly decreased from HKD 25,619,000 for the nine months ended September 30, 2021, to HKD 25,250,000 for the same period in 2022[47] Foreign Exchange Impact - The company experienced a foreign exchange loss of HKD 42,544,000 for the three months ended September 30, 2022, compared to a loss of HKD 3,375,000 in the same period of 2021[7] - The group recorded a foreign exchange loss of HKD 4,742,000 for the nine months ended September 30, 2022, compared to a loss of HKD 1,220,000 in the same period of 2021[44] Corporate Governance - The company has adopted a code of conduct for directors regarding securities transactions, ensuring compliance with GEM Listing Rules[66] - The board believes the company has adhered to the corporate governance code as per GEM Listing Rules Appendix 15 during the reporting period[67] - The audit committee, established on June 5, 2002, is responsible for reviewing the group's annual reports and financial statements, and has reviewed the Q3 2022 performance[69] - The board of directors includes four executive directors and three independent non-executive directors as of the report date[71] Future Outlook and Standards - The company adopted revised Hong Kong Financial Reporting Standards effective January 1, 2022, which did not have a significant impact on the financial performance and position for the current and prior periods[15] - The revised HKFRS 1 clarifies the classification of liabilities as current or non-current, effective from January 1, 2023, with no expected significant impact on the company's performance and financial position[19] - The company anticipates that the new and revised HKFRS will not have a significant impact on its financial performance and position[19] - The revised HKAS 12 clarifies that deferred tax assets and liabilities must be recognized upon initial recognition of certain transactions, effective from January 1, 2023, with no expected significant impact[22] - The company has not early adopted any new or revised HKFRS that have been issued but are not yet effective as of September 30, 2022[17] Shareholder Information - Major shareholders include Loh & Loh Construction Group Ltd. with 9.51% and Big Reap Investment Limited with 6.86% of the shares[55] - As of September 30, 2022, the guarantee provided to Zhongbao Group amounted to HKD 156,610 thousand, representing 9.0% of total assets[65] Dividend and Cost Control - The board did not recommend an interim dividend for the nine months ended September 30, 2022, consistent with the same period in 2021[49] - The company plans to continue prudent cost control measures to enhance productivity and provide quality services amid uncertainties due to the COVID-19 pandemic[50]

Financial Performance - Revenue for the six months ended June 30, 2022, was HKD 1,127,200,000, a decrease of 20.2% compared to HKD 1,413,495,000 for the same period in 2021[10]. - The company reported a net profit of HKD 26,380,000 for the six months ended June 30, 2022, down 43.2% from HKD 46,374,000 in the previous year[10]. - Total comprehensive income for the six months ended June 30, 2022, was a loss of HKD 6,788,000, compared to a gain of HKD 55,166,000 in the same period of 2021[11]. - Basic and diluted earnings per share for the six months ended June 30, 2022, were HKD 5.54, down 43.5% from HKD 9.74 in the same period of 2021[11]. - For the six months ended June 30, 2022, total revenue was HKD 1,127,200,000, down 20% from HKD 1,413,495,000 in the same period of 2021[37]. - The profit for the six months ended June 30, 2022, was HKD 37,687,000, a decrease of 46.4% from HKD 70,604,000 in 2021[45]. - Operating profit for the six months ended June 30, 2022, was HKD 157,812,000, a decrease of 17.4% from HKD 191,083,000 in the same period in 2021[104]. Revenue Breakdown - The company experienced a significant decrease in revenue from purchased automobile parts and vehicles, totaling HKD 964,987,000 for the six months ended June 30, 2022, down 21.0% from HKD 1,221,828,000 in 2021[10]. - Revenue from automobile sales for the three months ended June 30, 2022, was HKD 379,648,000, down 27.0% from HKD 520,190,000 in 2021[39]. - Revenue from automobile services and parts sales for the six months ended June 30, 2022, was HKD 279,145,000, a decrease of 17.8% compared to HKD 339,405,000 in 2021[39]. - The company recognized technical fee income of HKD 4,646,000 for the six months ended June 30, 2022, down 19% from HKD 5,777,000 in the previous year[37]. - Revenue from automobile leasing income for the six months ended June 30, 2022, was HKD 11,553,000, a decrease of 22% from HKD 14,907,000 in 2021[37]. Assets and Liabilities - The company's total assets decreased to HKD 1,279,143,000 as of June 30, 2022, from HKD 1,464,928,000 as of December 31, 2021, representing a decline of 12.6%[13]. - The total liabilities decreased from HKD 995,694,000 as of December 31, 2021, to HKD 821,072,000 as of June 30, 2022, representing a reduction of 17.5%[15]. - The total equity attributable to owners decreased to HKD 809,024,000 as of June 30, 2022, down from HKD 815,812,000 as of December 31, 2021, reflecting a decline of 0.97%[16]. - The company’s borrowings decreased from HKD 569,153,000 as of December 31, 2021, to HKD 510,377,000 as of June 30, 2022, a decrease of 10.3%[15]. - The aging analysis of trade receivables showed that the total receivables as of June 30, 2022, were HKD 106,202,000, down from HKD 124,008,000 as of December 31, 2021, a decline of 14.3%[76]. Cash Flow and Expenses - For the six months ended June 30, 2022, the net cash generated from operating activities was HKD 57,434,000, a decrease of 29.3% compared to HKD 81,095,000 for the same period in 2021[21]. - The company incurred a loss of HKD 33,168,000 from foreign exchange translation for the period, impacting the overall comprehensive income[16]. - The company’s financing activities resulted in a net cash outflow of HKD 53,433,000 for the six months ended June 30, 2022, compared to HKD 65,322,000 in the same period of 2021[21]. - Total income tax expense for the six months ended June 30, 2022, was HKD 11,778,000, a decrease from HKD 19,808,000 in the same period last year, reflecting a reduction of 40%[60]. - The total expenses for various categories amounted to HKD 30,066,000 for the six months ended June 30, 2022, slightly up from HKD 29,064,000 in the same period last year[57]. Employee and Operational Costs - Employee benefit expenses for the six months ended June 30, 2022, were HKD 67,816,000, an increase of 3.5% compared to HKD 65,358,000 in the previous year[10]. - Advertising and promotional expenses increased to HKD 4,675,000 for the six months ended June 30, 2022, compared to HKD 1,355,000 in the same period last year, representing a significant rise of 245%[57]. - The company incurred management personnel benefits of HKD 4,943,000 for the six months ended June 30, 2022, compared to HKD 5,140,000 for the same period in 2021[93]. Market and Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[10]. - The company has acknowledged the potential risks associated with operating in the GEM market, which may lead to higher market volatility[4]. - The company will continue to implement prudent cost control measures to enhance productivity and provide quality services to customers amid uncertainties caused by the COVID-19 pandemic[127]. Shareholder and Governance Information - As of June 30, 2022, major shareholders include Mr. Loh Ping with 107,780,320 shares (22.63%) and Loh & Loh Construction Group Ltd. with 45,284,000 shares (9.51%)[132]. - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2022, consistent with the previous year[63]. - The audit committee has reviewed the interim results for 2022 and provided recommendations to the board[145]. - The company has adopted a code of conduct for securities trading that complies with GEM Listing Rules[143].