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告全部或任何 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。 IMS Group Holdings Limited 英 馬 斯 集 團 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） (股份代號：8136） 截至2023年3月31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乃為較其他於聯交所上市的公司帶有較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。 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 買賣的證券承受較高的市場波動風險，同時無法保證於GEM買賣的證券會有高流 通量的市場。 本公告乃遵照香港聯合交易所有限公司GEM證券上市規則（「GEM上市規則」）的 規定提供有關英馬斯集團控股有限公司（「本公司」，連同其附屬公司，統稱「本集 團」或「我們」）的資料，本公司各董事（「董事」）願就本公告共同及個別承擔全部 責 ...

Financial Performance - For the nine months ended December 31, 2022, the group recorded unaudited total revenue of approximately HKD 65.7 million, an increase of about 2.3% compared to HKD 64.2 million for the same period in 2021[8]. - The profit attributable to owners of the company for the nine months ended December 31, 2022, was approximately HKD 12.4 million, a decrease of about 18.4% from HKD 15.2 million for the same period in 2021[8]. - The group reported a gross profit of HKD 32.9 million for the nine months ended December 31, 2022, down from HKD 35.3 million in the same period of 2021, reflecting a decrease of approximately 6.8%[9]. - Operating profit for the nine months ended December 31, 2022, was HKD 15.2 million, compared to HKD 18.4 million for the same period in 2021, representing a decline of about 17.9%[9]. - The basic and diluted earnings per share for the nine months ended December 31, 2022, were HKD 1.24, down from HKD 1.52 for the same period in 2021[9]. - The total comprehensive income attributable to owners of the company for the nine months ended December 31, 2022, was HKD 11.1 million, down from HKD 15.0 million in the same period of 2021, reflecting a decrease of approximately 25.9%[9]. - Total comprehensive income for the period was HKD 11,124,000, down from HKD 14,985,000 in the previous year, reflecting a decline of about 25.5%[11]. Revenue Breakdown - Revenue for the nine months ended December 31, 2022, was HKD 65,662,000, slightly up from HKD 64,230,000 in 2021, indicating a growth of approximately 2.2%[21]. - Sales of LED lighting devices amounted to HKD 38,742,000 for the nine months, down from HKD 43,364,000 in the previous year, a decrease of about 10.5%[21]. - The company reported sales of 3D printing materials and services totaling HKD 2,470,000 for the nine months, with no sales recorded in the previous year[21]. - Comprehensive LED lighting solutions service revenue increased to HKD 19,743,000 from HKD 14,056,000, marking a growth of approximately 40.5%[21]. Expenses and Losses - Administrative expenses increased to HKD 18.8 million for the nine months ended December 31, 2022, from HKD 17.9 million in the same period of 2021, indicating an increase of approximately 5.1%[9]. - The group experienced a net loss of HKD 172,000 in other gains and losses for the nine months ended December 31, 2022, compared to a gain of HKD 581,000 in the same period of 2021[9]. - The company reported a foreign exchange loss of HKD 1.3 million for the nine months ended December 31, 2022, compared to a loss of HKD 179,000 in the same period of 2021[9]. - Selling costs increased by approximately HKD 3.8 million or 13.1% to about HKD 32.8 million for the nine months ended December 31, 2022, primarily due to increased subcontracting expenses in China[35]. - Income tax expenses decreased to approximately HKD 2.6 million for the nine months ended December 31, 2022, down from about HKD 3.1 million for the same period in 2021, mainly due to reduced profits in Hong Kong and China subsidiaries[37]. Dividends and Retained Earnings - The board of directors did not recommend the payment of an interim dividend for the nine months ended December 31, 2022[8]. - The company did not declare any interim dividend for the current period, compared to HKD 4,000,000 declared in the previous year[11]. - The company’s retained earnings as of December 31, 2022, were HKD 30,612,000, compared to HKD 26,016,000 at the end of the previous year, reflecting an increase of about 17.5%[11]. Strategic Focus and Market Position - The company continues to focus on expanding its LED lighting solutions and 3D printing services as part of its growth strategy[15]. - The company aims to become a leading LED lighting solutions provider in Asia, driven by optimistic market demand from well-known luxury brands in mainland China[40]. - The establishment of the "dot 3D Factory" in 2021/22 marks the company's entry into the 3D printing solutions market, offering a one-stop solution including 3D printing, scanning, modeling, and sales of materials[40]. - The company plans to expand its 3D printing business by acquiring advanced equipment and hiring high-quality talent to adapt to market developments and technological updates[40]. - The increase in revenue was primarily driven by the growth in comprehensive LED lighting solution services, which generated an additional HKD 5.6 million[34]. Corporate Governance and Shareholder Information - The board is committed to maintaining high levels of corporate governance to enhance transparency and protect shareholder interests[53]. - The company continues to evaluate the effectiveness of its corporate governance structure, particularly regarding the separation of the roles of Chairman and CEO[53]. - As of the report date, the company has a significant shareholder, Mr. Tan, who indirectly holds 490,000,000 shares, representing 49% of the company's equity[42]. - Garage Investment, owned by Mr. Tan, also holds 490,000,000 shares, equating to a 49% ownership stake in the company[44]. - The company has not purchased, sold, or redeemed any of its listed securities in the nine months ending December 31, 2022[52]. Audit and Compliance - The financial information in this report has not been audited by the company's auditors[57]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ended December 31, 2022, and believes the performance complies with applicable accounting standards and GEM listing rules[57]. - No significant subsequent events have occurred after the reporting period and up to the date of this report[55]. - The company has maintained sufficient public float as of the report date[56].

(於開曼群島註冊成立的有限公司） 股份代號 : ���� 中期報告 2022/23 (Incorporated in the Cayman Islands with limited liability) Stock Code : 8136 Interim Report 2022/23 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為較其他於聯交所上市的中小型公司帶有較高投資風險的公司提供一個上市的 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。 由於GEM上市公司普遍為中小型公司，於GEM買賣的證券可能會較於聯交所主板買賣 的證券承受較高的市場波動風險，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，並明確表示概不對因本報告全部或任何部份內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 本報告乃遵照香港聯合交易所有限公司GEM證券上市規則（「GEM上市規則」）的規定提 供有關英馬斯集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」或「我們」） ...

Financial Performance - For the three months ended June 30, 2022, the group recorded unaudited total revenue of approximately HKD 24.4 million, an increase of about 14.6% compared to HKD 21.3 million for the same period in 2021[8]. - The group reported an unaudited profit attributable to owners of the company of approximately HKD 6.0 million, representing an increase of about 9.1% from HKD 5.5 million in the same period last year[8]. - The operating profit for the three months ended June 30, 2022, was HKD 7.3 million, compared to HKD 6.5 million for the same period in 2021, reflecting a year-on-year increase of approximately 11.3%[9]. - The basic and diluted earnings per share for the period were HKD 0.60, compared to HKD 0.55 for the same period in 2021, marking an increase of approximately 9.1%[9]. - The total comprehensive income attributable to owners of the company for the period was HKD 5.2 million, down from HKD 5.8 million in the previous year, primarily due to foreign exchange losses[9]. - The profit before tax for the three months ended June 30, 2022, was HKD 6,004,000, compared to HKD 5,464,000 for the same period in 2021, reflecting an increase of 9.8%[29]. Revenue and Expenses - The group's revenue for the three months ended June 30, 2022, was HKD 24,357,000, representing an increase of 14.3% compared to HKD 21,322,000 for the same period in 2021[20]. - Sales of LED lighting devices amounted to HKD 11,629,000, a decrease of 32.4% from HKD 17,128,000 in the previous year[20]. - The cost of sales rose by approximately HKD 1.4 million or 15.2% to about HKD 10.6 million for the three months ended June 30, 2022, compared to approximately HKD 9.2 million for the same period in 2021[34]. - Gross profit increased by approximately HKD 1.6 million or 13.2% to about HKD 13.7 million for the three months ended June 30, 2022, with a gross margin decrease from approximately 56.9% to 56.3%[34]. - The group experienced an increase in administrative expenses to HKD 6.2 million from HKD 5.8 million in the previous year, reflecting a rise of approximately 6.0%[9]. - Employee benefits expenses for the three months ended June 30, 2022, were HKD 5,307,000, slightly down from HKD 5,394,000 in the same period last year, a decrease of 1.6%[24]. - The total tax expense for the three months ended June 30, 2022, was HKD 1,238,000, up from HKD 1,033,000 in the previous year, indicating a rise of 19.9%[27]. Dividends and Shareholder Information - The company did not recommend the payment of an interim dividend for the three months ended June 30, 2022[8]. - The company did not recommend the payment of an interim dividend for the three months ended June 30, 2022, consistent with the previous year[30]. - The weighted average number of ordinary shares for calculating basic earnings per share remained at 1,000,000,000 for both periods[29]. - The company maintains sufficient public float as of the report date[54]. Corporate Governance - The board is committed to maintaining high levels of corporate governance to enhance transparency and protect shareholder interests[52]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the three months ending June 30, 2022, confirming compliance with applicable accounting standards[56]. - The audit committee consists of independent non-executive directors, ensuring effective oversight of financial reporting processes[56]. - The board structure includes a clear separation of responsibilities between the chairman and the CEO, enhancing operational efficiency[52]. - The chairman and CEO, Mr. Tan, is also the founder, which the board believes benefits the company's business outlook[52]. - No directors or controlling shareholders have any competing business interests as of June 30, 2022[49]. Market Expansion and Operations - The company aims to become a leading LED lighting solutions provider in Asia, with optimistic market demand from well-known luxury brands in mainland China[39]. - The company established a physical workshop named "dot 3D Factory" to enter the 3D printing solutions market, offering a one-stop solution including 3D printing, scanning, and modeling services[39]. - The company plans to expand its 3D printing business by acquiring advanced 3D printing and scanning equipment and hiring high-quality talent[39]. - The company continues to engage in the sale of LED lighting devices and 3D printing materials, indicating ongoing market expansion efforts[19]. - The company is continuously assessing the overall impact of COVID-19 on its operations and has implemented all possible emergency measures to mitigate related effects[39]. Other Financial Information - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the reported amounts[16]. - Other income for the period was HKD 0.4 million, significantly higher than HKD 0.05 million in the same period last year, indicating improved revenue streams[9]. - The company reported a foreign exchange loss of HKD 0.8 million for the period, compared to a gain of HKD 0.3 million in the previous year, impacting overall comprehensive income[9]. - There have been no significant subsequent events reported after the reporting period[53]. - The company did not purchase, sell, or redeem any listed securities during the three months ending June 30, 2022[51].

（於開曼群島註冊成立的有限公司） 股份代號 : 8136 年報 2021/22 (Incorporated in the Cayman Islands with limited liability) Stock Code : 8136 Annual Reprot 2021/22 英馬斯集團控股有限公司 IMS Group Holdings Limited 2021/22 年報 ANNUAL REPORT 1 英馬斯集團控股有限公司 年報 2021/2022 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為較其他於聯交所上市的公司帶有較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。 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高的市場波 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份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 ...

( 於開曼群島註冊成立的有限公司） 股份代號 : 8136 China New Higher Education Group Limited 2021/22 第三季度報告 中國新高教集團有限公司 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM乃為較其他於聯交所上市的中小型公司帶有較高投資風險的公司提供一個上市的 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。 由於GEM上市公司普遍為中小型公司，於GEM買賣的證券可能會較於聯交所主板買賣 的證券承受較高的市場波動風險，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，並明確表示概不對因本報告全部或任何部份內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM 證券上市規則（「GEM 上市規則」）的規定提供有關英馬斯集 團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」或「我們」）的資料，本公司 各董事（「董事」）願就本報告共同及個別承擔全部責任。董事經作出一切合理查詢後確 認，就 ...

Financial Performance - For the six months ended September 30, 2021, the group recorded unaudited total revenue of approximately HKD 44.3 million, an increase of approximately 135.6% compared to HKD 18.8 million for the same period in 2020[7]. - The group reported an unaudited profit attributable to owners of approximately HKD 13.3 million, a significant increase of approximately HKD 13.8 million from a loss of HKD 0.5 million for the same period in 2020[7]. - Revenue for the three months ended September 30, 2021, was HKD 23,023,000, a 216% increase from HKD 7,256,000 in the same period of 2020[65]. - The company reported a profit before tax of HKD 7,828,000 for the three months ended September 30, 2021, compared to a loss of HKD 1,850,000 in the same period of 2020[67]. - The company reported a net profit attributable to owners of HKD 13,292,000 for the six months, compared to a loss of HKD 546,000 in the same period of 2020[50]. Revenue Breakdown - Revenue from the sale of LED lighting devices increased from approximately HKD 13.4 million to approximately HKD 30.6 million, representing an increase of approximately 128.4% or HKD 17.2 million, driven by an increase in project numbers in China[12]. - Revenue from integrated LED lighting solution services rose from approximately HKD 3.1 million to approximately HKD 9.7 million, an increase of approximately 212.9% or HKD 6.6 million, due to increased demand from existing customers[15]. - The sales of LED lighting devices reached HKD 30,602,000 for the six months ended September 30, 2021, compared to HKD 13,394,000 in the same period of 2020, representing a 128% increase[65]. Cost and Expenses - Direct costs increased from approximately HKD 9.9 million to approximately HKD 17.9 million, an increase of approximately 80.8%, consistent with the revenue growth[17]. - Administrative expenses rose from approximately HKD 10.8 million to approximately HKD 12.0 million, an increase of approximately 11.1%[19]. - Employee costs for the six months ended September 30, 2021, totaled approximately HKD 11.2 million, an increase from HKD 10.5 million for the same period in 2020[37]. - The company incurred financing costs of HKD 81,000 for the six months ended September 30, 2021, down from HKD 99,000 in the same period of 2020[67]. Profitability Metrics - Gross profit increased from approximately HKD 8.9 million to approximately HKD 26.4 million, with the gross profit margin rising from 47.5% to 59.6%[17]. - The gross profit for the same period was HKD 26,417,000, compared to HKD 8,904,000 in 2020, indicating a gross margin improvement from 47.4% to 59.6%[50]. - The operating profit for the six months was HKD 15,438,000, a substantial increase from HKD 559,000 in the previous year[50]. Tax and Dividends - Income tax expenses increased significantly from approximately HKD 1.0 million to approximately HKD 2.1 million, primarily due to increased revenue from subsidiaries in Hong Kong and China[20]. - The board of directors did not recommend the payment of an interim dividend for the six months ended September 30, 2021[22]. - The company did not declare any dividends for the period, maintaining a focus on reinvestment and growth strategies[54]. Assets and Liabilities - As of September 30, 2021, the group's cash and bank balances totaled approximately HKD 71.1 million, an increase from HKD 62.9 million as of March 31, 2021[26]. - The net current assets as of September 30, 2021, were approximately HKD 67.7 million, compared to HKD 64.8 million as of March 31, 2021[26]. - Total equity attributable to the company's owners was approximately HKD 76.9 million as of September 30, 2021, up from HKD 74.0 million as of March 31, 2021[27]. - The company’s total equity as of September 30, 2021, reached HKD 76,909,000, compared to HKD 74,013,000 as of March 31, 2021, reflecting a growth of 3.9%[54]. - The company’s trade and other receivables decreased to HKD 11,425,000 as of September 30, 2021, from HKD 16,077,000 as of March 31, 2021, a decline of 29.1%[52]. Cash Flow and Liquidity - The net cash generated from operating activities for the six months ended September 30, 2021, was HKD 19,608,000, significantly up from HKD 3,099,000 in the same period of 2020, marking an increase of 532.5%[58]. - Cash and cash equivalents increased to HKD 71,133,000 as of September 30, 2021, from HKD 62,874,000 at the end of March 2021, indicating a rise of 13.5%[58]. - The group maintained a current ratio of 4.3 and a quick ratio of 4.0 as of September 30, 2021, down from 4.6 and 4.4 respectively as of March 31, 2021[24]. Future Plans and Strategies - The company anticipates continued growth despite uncertainties and challenges posed by the COVID-19 pandemic, particularly in the Asian market[49]. - The company aims to become a leading LED lighting solutions provider in Asia, leveraging financial resources from its successful IPO to expand its customer base and establish its own factory[49]. - The group plans to utilize approximately HKD 15.8 million of the remaining funds raised from the IPO according to the schedule disclosed in the prospectus[40]. Shareholder Information - Eight Dimensions holds 215,000,000 shares, representing 21.5% of the company[92]. - Garage Investment owns 490,000,000 shares, accounting for 49% of the total shares[92]. - Mr. Yang has a beneficial interest in 260,000,000 shares, which is 26% of the company[92]. - Ms. Kong Ying also holds 260,000,000 shares, equivalent to 26%[92]. - Ms. Wu Ying Si has a beneficial interest in 490,000,000 shares, representing 49%[92]. Compliance and Governance - The audit committee has reviewed the unaudited consolidated results for the six months ending September 30, 2021, ensuring compliance with applicable accounting standards[105]. - The company maintains sufficient public float as of the report date[104]. - There have been no significant subsequent events after the reporting period[102].

Financial Performance - For the three months ended June 30, 2021, the group recorded unaudited total revenue of approximately HKD 21.3 million, an increase of approximately 85.2% compared to HKD 11.5 million for the same period in 2020[8]. - The group reported an unaudited profit attributable to owners of the company of approximately HKD 5.5 million, representing an increase of approximately 319.0% from HKD 1.3 million for the same period in 2020[8]. - The operating profit for the three months ended June 30, 2021, was HKD 6.5 million, compared to HKD 1.7 million for the same period in 2020[9]. - The basic and diluted earnings per share for the period were HKD 0.55, compared to HKD 0.13 for the same period in 2020[9]. - Gross profit for the three months ended June 30, 2021, was HKD 12.1 million, up from HKD 6.1 million for the same period in 2020[9]. - The total comprehensive income attributable to owners of the company for the period was HKD 5.8 million, compared to HKD 1.5 million for the same period in 2020[9]. - The company's revenue for the three months ended June 30, 2021, was HKD 21,322,000, representing an increase of 85.5% compared to HKD 11,508,000 for the same period in 2020[21]. - Sales of LED lighting devices amounted to HKD 17,128,000, up from HKD 8,073,000, indicating a growth of 112.7% year-over-year[21]. - The gross profit before income tax for the three months ended June 30, 2021, was HKD 5,464,000, compared to HKD 1,304,000 for the same period in 2020, reflecting a significant increase of 319.5%[33]. - The profit attributable to the company's owners for the three months ended June 30, 2021, was approximately HKD 5.5 million, compared to HKD 1.3 million for the same period in 2020[38][44]. - Gross profit increased by approximately HKD 6.0 million or 98.4% to approximately HKD 12.1 million for the three months ended June 30, 2021, with a gross margin rising from approximately 52.7% to 56.9%[40]. Expenses and Costs - Administrative expenses for the period were HKD 5.8 million, slightly increased from HKD 5.6 million in the previous year[9]. - Employee benefits expenses, including director remuneration, totaled HKD 5,394,000, slightly up from HKD 5,364,000 in the prior year[27]. - The company incurred financing costs of HKD 44,000 for lease liabilities, a decrease from HKD 53,000 in the previous year[24]. - The total income tax expense for the three months ended June 30, 2021, was HKD 1,033,000, compared to HKD 358,000 for the same period in 2020, marking an increase of 187.5%[28]. - Income tax expenses rose by approximately HKD 0.6 million or 150% to approximately HKD 1.0 million for the three months ended June 30, 2021, due to increased revenue from subsidiaries in Hong Kong and China[43]. - The sales cost increased by approximately HKD 3.8 million or 70.4% to approximately HKD 9.2 million for the three months ended June 30, 2021, aligning with the revenue increase[40]. Corporate Governance and Compliance - The audit committee reviewed the unaudited condensed consolidated financial statements for the three months ended June 30, 2021, and found them compliant with applicable accounting standards and GEM listing rules[67]. - The board is committed to maintaining high levels of corporate governance to enhance transparency and protect shareholder interests[62]. - The company has adopted a code of conduct for directors regarding securities trading, ensuring compliance with trading standards[58]. - The company has established an audit committee to oversee financial reporting processes and internal control procedures[67]. - The company has not identified any competing businesses or conflicts of interest involving its directors or major shareholders[59]. - The company maintained sufficient public float as of the report date[64]. - There were no purchases, sales, or redemptions of the company's listed securities by the company or any of its subsidiaries during the three months ended June 30, 2021[61]. - There were no significant subsequent events occurring after the reporting period and up to the report date[63]. Business Strategy and Outlook - The company aims to become a leading LED lighting solutions provider in Asia, leveraging financial resources from its 2018 IPO to expand its customer base and establish its own factory for cost savings[46]. - The company anticipates continued growth in 2021 despite uncertainties and challenges posed by the COVID-19 pandemic, particularly in terms of transportation restrictions[46]. - The company has taken all possible emergency measures to mitigate the impact of the pandemic on its operations[46]. - The company operates primarily in the sale of LED lighting devices and audio-visual systems, providing integrated LED lighting solutions and maintenance services[15]. - The company has no independent operational segment financial data due to resource integration, reporting overall business performance instead[20]. Dividends and Shareholder Returns - The group did not recommend the payment of an interim dividend for the three months ended June 30, 2021[8]. - The company does not recommend the payment of an interim dividend for the three months ended June 30, 2021, consistent with the previous year[35][45]. Leadership and Management - The company’s chairman and CEO roles are held by the same individual, which the board believes benefits the group's business outlook and operational efficiency[62]. - The company did not grant any stock options under the stock option plan since its adoption[57].

Financial Performance - The company reported a revenue decrease of approximately 9.4% for the year ended March 31, 2021, compared to the previous year[13]. - The company reported revenue of approximately HKD 55.6 million for the year ended March 31, 2021, a decrease of about 9.4% from HKD 61.4 million for the year ended March 31, 2020[31]. - The profit attributable to the owners of the company increased to approximately HKD 5.4 million for the year ended March 31, 2021, compared to HKD 5.0 million for the previous year[24]. - Revenue from the sale of LED lighting devices decreased by approximately 32.3%, from HKD 52.4 million in 2020 to HKD 35.5 million in 2021[26]. - Revenue from integrated LED lighting solution services increased significantly by approximately 336.1%, from HKD 3.6 million in 2020 to HKD 15.7 million in 2021[27]. - Revenue from LED lighting system consulting and maintenance services decreased by approximately 18.9%, from HKD 5.3 million in 2020 to HKD 4.3 million in 2021[28]. - The company's gross profit decreased by approximately 13.5%, from HKD 32.7 million in 2020 to HKD 28.3 million in 2021[33]. - The gross profit margin decreased from approximately 53.2% in 2020 to about 50.9% in 2021[33]. - The sales cost decreased by approximately 4.9%, from HKD 28.7 million in 2020 to HKD 27.3 million in 2021[32]. - The company attributes the revenue decrease primarily to reduced sales of LED lighting devices due to clients cutting project budgets in response to the COVID-19 pandemic[26]. Operational Developments - A new factory was established in Zhongshan, which commenced operations in April 2020, aimed at reducing costs and improving the quality of LED lighting products[13]. - The company anticipates that the new factory will enhance its competitiveness compared to rivals[13]. - The company plans to focus on expanding its integrated LED lighting solution services, which have shown significant growth[27]. - Other income increased by approximately HKD 2.2 million or 366.7% to HKD 2.8 million for the year ended March 31, 2021, primarily due to increased government subsidies[34]. - Administrative expenses decreased by approximately HKD 1.7 million or 6.6% to approximately HKD 23.9 million for the year ended March 31, 2021, mainly due to reductions in legal and professional fees and overseas travel expenses[35]. Cash Flow and Equity - Cash and bank balances amounted to HKD 62.9 million as of March 31, 2021, compared to HKD 63.3 million in 2020[47]. - Net current assets increased to approximately HKD 64.8 million as of March 31, 2021, from approximately HKD 57.4 million in 2020[49]. - Total equity attributable to owners of the company increased to approximately HKD 74.0 million as of March 31, 2021, from approximately HKD 66.8 million in 2020[50]. - The company proposed a final dividend of HKD 0.01 per ordinary share for the year ended March 31, 2021, compared to no dividend in 2020[41]. Sustainability and ESG Initiatives - The group emphasizes robust risk management as a core competitive advantage, with regular assessments conducted by the audit committee and external professionals[86]. - The group plans to establish an ESG working group to systematically evaluate sustainability performance and set relevant goals and indicators[86]. - The group has not identified any significant ESG issues during the reporting period, indicating effective management of these risks[89]. - The group aims to ensure the accuracy of key performance indicators by appointing professional consultants for carbon assessments[79]. - The group’s environmental, social, and governance report adheres to the guidelines set forth by the Hong Kong Stock Exchange, ensuring compliance and transparency[79]. - The group reported no non-compliance issues related to air and greenhouse gas emissions, waste disposal, or harmful waste generation[90]. - The group has established a product responsibility policy focusing on customer satisfaction, health and safety, and data privacy[104]. - The group is committed to responsible and fair business practices, including anti-corruption measures and supply chain management[98]. Employee and Community Engagement - The company has established a medical benefits plan for all employees who complete a three-month probation period[117]. - The company aims to revise its employment policies to incorporate diversity policies in the future[114]. - Total employee count at the Hong Kong headquarters is 37, with a male to female ratio of 2.36:1[142]. - New hires in the Hong Kong headquarters totaled 1, representing 2.7% of the total employee count[142]. - Employee turnover rate in the Hong Kong headquarters is 0%[144]. - The company is establishing a community investment policy to contribute to the communities where it operates through cash donations and volunteer activities[141]. Governance and Compliance - The company emphasizes the importance of corporate governance practices to enhance accountability and transparency to shareholders[167]. - The board of directors consists of five members, including the chairman and CEO, ensuring a balance of executive and non-executive directors[175]. - The company has adopted a board diversity policy to ensure a range of skills, experiences, and perspectives among board members[179]. - The company has established a code of conduct for directors regarding securities trading, confirming compliance for the fiscal year ending March 31, 2021[169]. - The company has implemented measures to prevent corruption, including policies on bribery, fraud, and money laundering[166]. - The board has authorized various committees to oversee specific responsibilities, ensuring effective management of the group's operations[172]. - The company provides training and development for directors to enhance their understanding of duties and responsibilities[178]. - The company has received annual confirmation of independence from all independent non-executive directors, ensuring compliance with governance standards[175]. Environmental Impact - The energy intensity in Hong Kong decreased by 23.3% to 1.792 MWh per employee compared to the previous reporting year, attributed to health and safety measures during the COVID-19 pandemic[125]. - The energy intensity in China increased by 22.6% to 1.959 MWh per employee due to the commencement of production facilities within the reporting year[125]. - The total greenhouse gas emissions for the Hong Kong headquarters amounted to 404.5 tons of CO2 equivalent, with 354 tons attributed to waste paper processing[136]. - The total greenhouse gas emissions for the China production facilities were 242.2 tons of CO2 equivalent, with 203.2 tons from other indirect emissions[136]. - The company plans to continue monitoring and reporting its carbon emissions annually to further improve performance[127]. - The company aims to implement more water-saving measures and collaborate closely with property management to obtain water consumption data[129]. - The company is developing sustainability goals and action plans to monitor and reduce resource usage in the future[140].

Financial Performance - For the nine months ended December 31, 2020, the group recorded unaudited total revenue of approximately HKD 37.6 million, a decrease of about 33.5% compared to the same period in 2019[8]. - The unaudited profit attributable to the owners of the company for the nine months ended December 31, 2020, was approximately HKD 4.8 million, a decrease of about 49.1% compared to the same period in 2019[8]. - The gross profit for the nine months ended December 31, 2020, was HKD 19.6 million, down from HKD 31.1 million in the same period of 2019, reflecting a decrease of approximately 37.0%[9]. - Operating profit for the nine months ended December 31, 2020, was HKD 5.8 million, compared to HKD 12.0 million for the same period in 2019, a decline of about 51.7%[9]. - The basic and diluted earnings per share for the nine months ended December 31, 2020, were HKD 0.48, down from HKD 0.94 in the same period of 2019[9]. - The total comprehensive income attributable to the owners of the company for the nine months ended December 31, 2020, was HKD 6.4 million, down from HKD 8.1 million in the same period of 2019[9]. - Revenue for the nine months ended December 31, 2020, was HKD 37,579,000, down from HKD 56,497,000 in the same period of 2019, indicating a decline of about 33.5%[21]. - The company reported a profit attributable to owners of the company of HKD 4,764,000 for the nine months ended December 31, 2020, compared to HKD 9,363,000 for the same period in 2019, reflecting a decline of approximately 49.1%[11]. Dividend and Retained Earnings - The board of directors did not recommend the payment of an interim dividend for the nine months ended December 31, 2020[8]. - The company did not recommend the payment of an interim dividend for the nine months ended December 31, 2020, consistent with the previous year[33]. - The company’s retained earnings increased to HKD 20,187,000 as of December 31, 2020, up from HKD 10,436,000 a year earlier, showing a growth of 93.1%[11]. Costs and Expenses - Employee benefits expenses, including director remuneration, increased to HKD 15.9 million for the nine months ended December 31, 2020, compared to HKD 14.3 million for the same period in 2019, reflecting a rise of 11.4%[24]. - The financing costs related to lease liabilities amounted to HKD 140,000 for the nine months ended December 31, 2020, compared to zero in the previous year[23]. - The depreciation of property, plant, and equipment for administrative expenses increased to HKD 1.0 million for the nine months ended December 31, 2020, from HKD 427,000 in the same period of 2019[23]. - The company reported a tax expense of HKD 934,000 for the nine months ended December 31, 2020, compared to HKD 2.7 million for the same period in 2019, indicating a decrease of 65.0%[27]. - The company incurred inventory costs recognized as expenses of HKD 10.9 million for the nine months ended December 31, 2020, down from HKD 22.2 million in the same period of 2019[23]. - Administrative expenses reduced from approximately HKD 19.4 million for the nine months ended December 31, 2019, to approximately HKD 16.7 million for the nine months ended December 31, 2020, a decrease of about HKD 2.7 million or 13.8%[39]. - Income tax expenses decreased from approximately HKD 2.7 million for the nine months ended December 31, 2019, to approximately HKD 0.9 million for the nine months ended December 31, 2020, a reduction of about HKD 1.8 million or 64.8%[40]. Foreign Exchange and Other Income - The group experienced a foreign exchange gain of HKD 1.6 million for the nine months ended December 31, 2020, compared to a loss of HKD 1.2 million in the same period of 2019[9]. - The foreign exchange difference from the translation of overseas operations contributed HKD 1,617,000 to the total comprehensive income for the nine months ended December 31, 2020[11]. Business Operations and Strategy - The company continues to focus on the sales of LED lighting devices and integrated LED lighting solutions, with no separate operational segment financial data presented[20]. - The company aims to become a leading LED lighting solutions provider in Asia, leveraging financial resources from its successful listing on the Hong Kong GEM[43]. - The company anticipates ongoing impacts from the COVID-19 pandemic on its operations and has implemented emergency measures to mitigate these effects[43]. - The company plans to expand its customer base and establish its own factory to achieve cost savings[43]. - The company recognizes the increasing domestic demand for luxury brands in China as a growth opportunity despite the challenges posed by the pandemic[43]. Governance and Compliance - The company has adopted new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the reported amounts for the period[17]. - The company has established an audit committee to oversee financial reporting and internal control processes[64]. - The board consists of executive and independent non-executive directors, ensuring a balance of power and checks[64]. - The chairman and CEO roles are held by the same individual, which the board believes benefits the company's operational efficiency[59]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the nine months ending December 31, 2020, confirming compliance with applicable accounting standards[64]. - The company maintains sufficient public float as of the report date[63]. - No directors or controlling shareholders have any competing business interests as of December 31, 2020[57]. - The company did not purchase, sell, or redeem any of its listed securities during the nine months ending December 31, 2020[58]. - The company has not granted any stock options under the stock option plan since its adoption[54]. - The board has adopted a code of conduct for securities trading, ensuring compliance with GEM Listing Rules[55]. Subsequent Events - There have been no significant subsequent events after the reporting period up to the date of this report[62].