Financial Performance - The Group recorded revenue of approximately HK$28.0 million for the year ended 31 March 2024, representing a year-on-year decline of approximately 21.2% from HK$35.5 million for the year ended 31 March 2023[17]. - The increase in loss and total comprehensive expenses was approximately HK$5.5 million, rising from approximately HK$3.1 million for the year ended 31 March 2023 to approximately HK$8.6 million for the year ended 31 March 2024[17]. - The decline in revenue was mainly attributable to decreased income from residential and show flat and sales office projects[17]. - Revenue decreased from approximately HK$35.5 million for the year ended 31 March 2023 to approximately HK$28.0 million for the year ended 31 March 2024, representing a decrease of approximately HK$7.5 million or 21.2%[25]. - Cost of services decreased from approximately HK$21.3 million in 2023 to approximately HK$17.2 million in 2024, a decrease of approximately HK$4.0 million or 19.0%[26]. - Gross profit for the year ended 31 March 2024 was approximately HK$10.7 million, down from approximately HK$14.2 million in 2023, a decrease of approximately HK$3.5 million[27]. - Overall gross profit margin decreased from approximately 40.1% in 2023 to approximately 38.4% in 2024[27]. - Other income significantly decreased from approximately HK$1.36 million in 2023 to approximately HK$42,000 in 2024, a decrease of approximately HK$1.3 million[28]. - Loss before tax increased from approximately HK$2.8 million in 2023 to approximately HK$8.7 million in 2024, an increase of approximately HK$5.9 million[39]. - Loss and total comprehensive expenses increased from approximately HK$3.1 million in 2023 to approximately HK$8.6 million in 2024, an increase of approximately HK$5.5 million[46]. - As at 31 March 2024, total assets were approximately HK$46.2 million, down from approximately HK$56.4 million in 2023[48]. - Current ratio as at 31 March 2024 was approximately 3.5 times, down from approximately 3.8 times in 2023[49]. - Income tax expense decreased from approximately HK$280,000 in 2023 to an income tax credit of approximately HK$104,000 in 2024[45]. - As of March 31, 2024, total assets were approximately HK$46.2 million, down from approximately HK$56.4 million as of March 31, 2023, with cash and cash equivalents increasing to approximately HK$15.6 million from approximately HK$5.1 million[55]. - Total staff costs for the year ended March 31, 2024, amounted to approximately HK$18.8 million, a decrease from approximately HK$23.4 million for the year ended March 31, 2023[70]. Strategic Focus and Outlook - The Group is focused on optimizing operational efficiency and strengthening core competencies in the interior design industry[18]. - The Group remains cautiously optimistic about future growth despite the ongoing economic downturn[19]. - The Group aims to maintain and strengthen its market position in Hong Kong while enhancing brand recognition and recruiting talents to support future growth[86]. - The group aims for sustainable growth and to strengthen its competitiveness in the Hong Kong interior design industry[87]. - Despite a weak market atmosphere, the group anticipates positive impacts on the local economy from the expansion of individual travel plans and government measures[87]. - The group plans to maintain its market position in Hong Kong, enhance brand awareness, and strengthen marketing efforts[88]. - The company is focused on disciplined management of revenue, profitability, and investment returns to achieve long-term value for shareholders[101]. - The group is increasingly aware of ESG and is focusing on supporting the transition to a low-carbon and sustainable future[102]. - The Group does not have any concrete plans for material investments or capital assets for the coming year[73]. Corporate Governance - The company has complied with all corporate governance code provisions throughout the year ended March 31, 2024, except for a deviation from code provision C.2.1[91]. - The Board comprises five Directors, including two female Directors, achieving gender diversity with approximately 40% female representation on the Board and 56% in the total workforce[117][118]. - The Company has established a Board Diversity Policy to enhance effectiveness through diversity in gender, age, educational background, and professional experience[114][115]. - The Nomination Committee was established on March 30, 2012, to oversee the appointment and re-election of Directors[125]. - Each Director's initial term is three years, subject to retirement by rotation and re-election at annual general meetings[127]. - The Board is responsible for corporate governance duties, including compliance with legal and regulatory requirements and monitoring training for Directors and senior management[105][106]. - The Company has arranged appropriate liability insurance coverage for all Directors, which is reviewed regularly by the Board[106]. - The Board aims to maintain at least the current level of female representation and ultimately achieve gender parity[118][123]. - The Company promotes employee diversity measures at all levels, ensuring gender diversity in mid to senior-level recruitment[119][124]. - The Board has delegated various responsibilities to Board committees to enhance governance and oversight[104][106]. - The Company reviews and monitors its policies and practices on corporate governance regularly to ensure compliance and effectiveness[105][106]. - The Board meets at least four times a year to determine strategic direction and approve results[134]. - Directors are required to retire by rotation at least once every three years, with one-third of Directors retiring at each annual general meeting[131]. - All Directors participated in continuous professional development related to corporate governance and regulations during the year ended March 31, 2024[146]. - The Company Secretary maintains detailed minutes of meetings and ensures they are sent to all Board members for comments[135]. - The Company held one meeting with the chairman and independent non-executive Directors during the year[141]. - All Directors received comprehensive induction training upon their appointment to understand the Group structure and their responsibilities[147]. - The Company complies with code provision C.1.4 by maintaining training records for all Directors[148]. - The procedures for the appointment, re-election, and removal of Directors are outlined in the Company's memorandum and articles of association[129]. - The Company believes its retirement practice for Directors meets the objectives of the CG Code[130]. - The company has established three Board Committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with defined written terms of reference[179]. - All independent non-executive Directors have confirmed their independence in accordance with Rule 5.09 of the GEM Listing Rules[172]. - The Board has mechanisms in place to ensure independent views are available, including the appointment of at least three independent non-executive Directors[162]. - The company encourages all Directors to attend relevant training courses at the company's expense to enhance their knowledge and skills[155]. - The roles of chairman and chief executive officer are currently held by Mr. Huang Liang, which the Board believes ensures consistent leadership and effective strategic planning[157]. - The company has complied with the requirement that at least one independent non-executive Director possesses appropriate professional qualifications or financial management expertise[173]. - The Nomination Committee assesses the independence of independent non-executive Directors annually to ensure they can exercise independent judgment[164]. - No equity-based remuneration with performance-related elements will be granted to independent non-executive Directors to maintain their objectivity[165]. - The Board will continue to review the appropriateness of the current structure regarding the separation of the roles of chairman and chief executive officer[158]. - The company has arrangements for providing continuing briefing and professional development to each Director[155]. - The Remuneration Committee consists of three independent non-executive directors, with Ms. Tong Yuk Ying Yannie as the chairlady[183]. - The remuneration policy for directors is based on their expertise, industry experience, group performance, and market conditions[185]. - For the year ended March 31, 2024, one member of senior management received a remuneration of up to HK$1,000,000[190]. - The Nomination Committee also comprises three independent non-executive directors, with Mr. Lee Man Chun as the chairman[192]. - The Company has adopted a Board Diversity Policy to maintain a balance of diversity perspectives relevant to business growth[196]. - The Remuneration Committee reviewed management's remuneration proposals and discussed the remuneration packages of executive directors and senior management during the year[190]. - The terms of reference for both the Remuneration and Nomination Committees can be accessed on the Company and Stock Exchange websites[184][192]. - The Nomination Committee assesses candidates based on integrity, qualifications, skills, and experience relevant to the Group's businesses[193]. - The Remuneration Committee ensures that no director is involved in deciding their own remuneration[184]. - The Company monitors the implementation of the Board Diversity Policy to ensure effective governance[196]. - The Board consists of a balanced mix of experiences and industry backgrounds, including property development, insurance, wealth management, legal, corporate management, accounting, and financial industries[197]. - The Board includes two female Directors and three male Directors, with independent non-executive directors (INEDs) representing more than one third of the Board members[197]. - The Company has adopted a Board Diversity Policy that considers various diversity perspectives, including gender, age, education background, professional experience, and industry experience[199]. - The Nomination Committee's meeting records for the year ended March 31, 2024, are detailed on page 20 of the annual report[198]. - The final decision for Board appointments will be based on the merits of the candidates and their contributions to the Board[199]. - The Company will continue to apply the principle of appointments based on merits while referencing the overall Board Diversity Policy[199]. - The INEDs include certified accountants with diverse industry backgrounds and professional qualifications[197]. - The Board composition satisfies the Company's business model and specific needs, reflecting a commitment to diversity[199]. - The Company emphasizes the importance of a balanced experience and industry background among its Directors[197]. - The Nomination Committee's individual attendance records at meetings are available in the annual report[200].

Financial Performance - For the fiscal year ending March 31, 2024, the total revenue was HKD 27,967,000, a decrease of 21.5% compared to HKD 35,490,000 in the previous year[6] - The gross profit for the same period was HKD 10,741,000, down 24.3% from HKD 14,235,000 year-on-year[6] - The operating loss increased to HKD 7,303,000 from HKD 2,768,000, reflecting a significant decline in profitability[6] - The net loss for the year was HKD 8,555,000, compared to a net loss of HKD 3,052,000 in the previous year, indicating a worsening financial position[6] - Basic and diluted loss per share was HKD 3.97, compared to HKD 1.42 in the previous year, representing a 179.6% increase in loss per share[6] - The group reported a pre-tax loss of HKD 8,555,000 for 2024, compared to a loss of HKD 3,052,000 in 2023[37] - Total comprehensive loss increased from approximately HKD 3.1 million for the year ended March 31, 2023, to approximately HKD 8.6 million for the year ended March 31, 2024, primarily due to the cumulative impact of the aforementioned items[70] Assets and Liabilities - Total assets decreased to HKD 36,354,000 from HKD 45,157,000, indicating a reduction in the company's asset base[7] - The company's cash and cash equivalents increased to HKD 15,621,000 from HKD 5,076,000, showing improved liquidity[7] - Current liabilities decreased to HKD 9,890,000 from HKD 11,259,000, reflecting a reduction in short-term obligations[7] - The group's total liabilities included lease liabilities interest of HKD 12,000 in 2024, down from HKD 22,000 in 2023[32] - The group's investment in an associate decreased to HKD 9,874,000 in 2024 from HKD 11,218,000 in 2023, reflecting a loss of HKD 1,344,000[39] - Contract assets decreased from HKD 18.238 million in 2023 to HKD 9.498 million in 2024, with an impairment loss provision of HKD 90, down from HKD 102[44] - Trade receivables decreased from HKD 12.222 million in 2023 to HKD 6.612 million in 2024, with an impairment loss provision of HKD 1.245 million[47] Revenue Sources - The group reported revenue from external customers of HKD 27,967 thousand in 2024, a decrease of 4.3% from HKD 35,490 thousand in 2023[20] - Major customer A contributed HKD 5,507 thousand in 2024, down from HKD 7,371 thousand in 2023, while major customer B generated HKD 5,303 thousand in 2024, which was not applicable in the previous year[21] - The group's revenue from mainland China was HKD 78 thousand in 2024, down from HKD 148 thousand in 2023, reflecting a decline in this market[20] - Revenue from interior design and execution services was HKD 27,894,000, down from HKD 35,445,000, representing a decline of 21.5%[24] - The group recognized revenue of approximately HKD 1,848,000 from performance obligations achieved in prior periods, significantly up from HKD 144,000 in 2023[24] Corporate Governance - The board of directors confirmed the accuracy and completeness of the financial information presented in the report[4] - The company maintains high standards of corporate governance, which is deemed essential for sustainable growth[86] - The chairman and CEO roles are currently held by the same individual, which the board believes enhances consistent leadership and strategic planning efficiency[87] - The board consists of two executive directors and three independent non-executive directors, ensuring a balanced governance structure[99] Market Strategy and Outlook - The company aims to maintain and strengthen its market position in Hong Kong, enhance brand awareness, and continue talent recruitment and internal training to support future growth[57] - The company will continue to monitor the market situation cautiously due to unpredictable global macroeconomic conditions, particularly geopolitical tensions and high interest rates[56] - The group anticipates that the cancellation of the MPF offsetting mechanism will not have a significant impact on its financial performance[13] - The group's financial position and operating performance are expected to remain stable, with no significant changes anticipated from the newly assessed accounting standards[15] Other Financial Information - The group has not applied new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective, and management expects no significant impact on financial performance[15] - The group has adopted revised accounting standards for the first time this year, which clarified the definition of significant accounting policy information[12] - The group’s financial statements are prepared based on historical cost, except for financial instruments measured at fair value at the end of each reporting period[16] - Other income significantly decreased from approximately HKD 1.36 million for the year ended March 31, 2023, to HKD 42,000 for the year ended March 31, 2024, primarily due to the absence of government subsidies received in the previous year[62] - Net other losses increased from approximately HKD 1.5 million for the year ended March 31, 2023, to approximately HKD 2.3 million for the year ended March 31, 2024, mainly due to an increase in fair value losses on financial assets[63] - Administrative expenses decreased by approximately HKD 1.1 million or 6.7%, from approximately HKD 16.9 million for the year ended March 31, 2023, to approximately HKD 15.8 million for the year ended March 31, 2024[64] Loans and Financing - The company has entered into a loan agreement to provide a loan of HKD 7.7 million, which is secured and interest-bearing, with repayment due within two years[54] - A loan agreement was established on May 20, 2024, where BTR (HK) Limited agreed to provide a loan of HKD 7,700,000 to Auto Cave Limited at an interest rate of 6.875%[93] - The loan represents approximately 69.24% of the value of pledged shares, indicating a significant collateral backing[95] - The interest income from the loan is expected to substantially exceed potential earnings from idle funds in fixed deposits[95] Dividend and Shareholder Information - The board does not recommend the payment of any dividend for the year ended March 31, 2024[82] - The annual report for 2023/2024 will be distributed to shareholders and published on the company's website[97] - The board expresses gratitude to the management team and employees for their hard work and contributions during the year[98]

Financial Performance - For the six months ended September 30, 2023, the company reported revenue of HKD 16,068,000, a decrease of 11.4% compared to HKD 18,157,000 for the same period in 2022[9] - The gross profit for the same period was HKD 7,066,000, down 2.4% from HKD 7,237,000 year-on-year[9] - The operating loss for the six months was HKD 2,176,000, compared to a loss of HKD 1,728,000 in the previous year, indicating a deterioration in operational performance[9] - The net loss for the period was HKD 2,263,000, compared to a loss of HKD 1,765,000 in the same period last year, reflecting a 28.3% increase in losses[9] - The company reported a basic loss per share of HKD 1.05 for the six months ended September 30, 2023, compared to HKD 0.82 for the same period in 2022[9] - The group reported a net loss of HKD 2,263,000 for the six months ended September 30, 2023, compared to a net loss of HKD 1,765,000 in the same period of 2022, indicating a worsening performance[48] - The group recorded a loss before tax of approximately HKD 2.2 million for the six months ended September 30, 2023, primarily due to a revenue decline of approximately HKD 2.1 million[76] - The group recorded a net loss of approximately HKD 2.3 million for the six months ended September 30, 2023, influenced by the aforementioned factors[78] Assets and Liabilities - As of September 30, 2023, total assets were HKD 42,712,000, slightly down from HKD 42,497,000 as of March 31, 2023[10] - Current liabilities increased to HKD 13,302,000 from HKD 11,259,000, indicating a rise in short-term financial obligations[10] - As of September 30, 2023, the company's net assets amounted to HKD 42,533,000, a decrease from HKD 44,796,000 as of March 31, 2023, representing a decline of approximately 5%[11] - The total equity attributable to the company's owners decreased from HKD 44,796,000 to HKD 42,533,000, reflecting a reduction of about 5%[13] - The company's total liabilities included deferred tax liabilities of HKD 181,000 as of September 30, 2023, unchanged from March 31, 2023[11] - The group reported a total of HKD 824 thousand in financial assets measured at fair value through profit or loss as of September 30, 2023, compared to HKD 2,319 thousand as of March 31, 2023[28] - The group recognized a fair value of HKD 824 thousand for trading securities as of September 30, 2023, down from HKD 2,319 thousand as of March 31, 2023[59] Cash Flow - Cash and cash equivalents increased to HKD 9,923,000 as of September 30, 2023, from HKD 5,076,000 at the beginning of the period, showing an increase of approximately 95%[16] - The net cash generated from operating activities was HKD 5,043,000 for the six months ended September 30, 2023, compared to a negative cash flow of HKD 8,223,000 for the same period last year, indicating a significant turnaround[16] - The company’s cash flow from investing activities was negative, with cash outflows of HKD 10,000 for the six months ended September 30, 2023[16] Revenue Breakdown - Revenue from interior design and execution services for the six months ended September 30, 2023, was HKD 15,995 thousand, down from HKD 18,112 thousand in the previous year, representing a decline of 11.7%[34] - The group’s revenue from processing services was HKD 18 thousand for the six months ended September 30, 2023, compared to no revenue in the same period of 2022[31] - The group’s revenue from mapping services was HKD 55 thousand for the six months ended September 30, 2023, compared to HKD 45 thousand in the same period of 2022[31] - The group’s revenue from Hong Kong for the six months ended September 30, 2023, was HKD 15,981 thousand, down from HKD 17,721 thousand in 2022, a decrease of 9.8%[34] - Revenue from external customers for the six months ended September 30, 2023, was HKD 16,068,000, a decrease of 11.4% compared to HKD 18,157,000 in the same period of 2022[38] Expenses - Employee benefit expenses for the six months ended September 30, 2023, totaled HKD 10,471,000, down from HKD 12,758,000 in the same period of 2022, reflecting a reduction of 17.9%[44] - Administrative expenses decreased from approximately HKD 9.0 million for the six months ended September 30, 2022, to approximately HKD 7.8 million for the same period in 2023, a reduction of about HKD 1.2 million or approximately 13.6%[74] - Service costs for the six months ended September 30, 2023, were approximately HKD 9.0 million, down about HKD 1.9 million or approximately 17.6% compared to HKD 10.9 million for the same period in 2022[70] Corporate Governance - The board believes that having the same person serve as both Chairman and CEO enhances leadership and strategic planning efficiency[107] - The audit committee has reviewed the unaudited financial results for the six months ending September 30, 2023, and found them to comply with applicable accounting standards and regulations[115] - The company is committed to maintaining high standards of corporate governance for sustainable growth[106] - The company has adhered to the corporate governance code except for a deviation regarding the separation of the roles of Chairman and CEO[108] - The audit committee consists of three independent non-executive directors, ensuring proper oversight of financial reporting and risk management[113] Future Outlook - The management discussion and analysis section did not provide specific future guidance or outlook for the upcoming periods[9] - The group aims to maintain and strengthen its market position in Hong Kong and enhance brand awareness and marketing efforts[92] - The group will continue to monitor market conditions and leverage government measures to stimulate the housing market in Hong Kong[91] Shareholder Information - As of September 30, 2023, Mr. Huang Liang holds a beneficial interest of 159,068,639 shares, representing 73.87% of the total shares issued by the company[94] - The total number of shares issued by the company as of September 30, 2023, is 215,346,526[95] - The company has not granted, exercised, canceled, or forfeited any share options during the six months ending September 30, 2023[99] - The company did not purchase, sell, or redeem any of its listed securities during the six months ending September 30, 2023[103] - The group did not declare any dividends for the six months ended September 30, 2023, consistent with the previous year[45] Significant Events - The group confirmed that there were no significant events affecting its operations and financial performance after September 30, 2023[65] - There have been no significant matters affecting the group's operational and financial performance since September 30, 2023[111] - There have been no significant changes in director information that require disclosure since March 31, 2023[112]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Hephaestus Holdings Limited 客 思 控 股 有 限 公 司 （於開曼群島註冊成立之有限責任公司） （股份代號：8173） 截至二零二三年九月三十日止六個月之 中期業績公告 客思控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司及其附 屬公司（統稱為「本集團」）截至二零二三年九月三十日止六個月的未經審核簡明 綜合財務業績。本公告載列本公司截至二零二三年九月三十日止六個月的二零 二三年至二零二四年中期報告（「二零二三年至二零二四年中期報告」）全文，並 符合香港聯合交易所有限公司（「聯交所」）GEM證券上市規則（「GEM上市規則」） 有關中期業績初步公告隨附資料的相關規定。二零二三年至二零二四年中期報 告的印刷版本將按GEM上市規則規定的方式適時寄發予本公司股東，並可於香 港聯合交易所網站www.hkexnews.hk及本公司網站www.hephaestus. ...

Financial Performance - For the three months ended June 30, 2023, the company reported revenue of HKD 49,321, a decrease of 13.5% compared to HKD 11,340 for the same period in 2022[6]. - Gross profit for the same period was HKD 4,278, down 12.0% from HKD 4,864 in the previous year[6]. - The company incurred an operating loss of HKD 860, compared to an operating profit of HKD 1,072 in the prior year, indicating a significant decline in operational performance[6]. - The net loss for the period was HKD 943, compared to a profit of HKD 1,017 in the same quarter of the previous year, reflecting a shift in financial results[6]. - Basic and diluted loss per share was HKD 0.44, compared to earnings per share of HKD 0.47 in the previous year[6]. - Total equity as of June 30, 2023, was HKD 43,853, a decrease from HKD 48,865 as of June 30, 2022[8]. - The company reported a loss attributable to shareholders of HKD 943,000 for the three months ended June 30, 2023, compared to a profit of HKD 1,017,000 for the same period in 2022[21]. - Basic and diluted loss per share for the three months ended June 30, 2023, was HKD 0.44 cents, compared to HKD 0.47 cents for the same period in 2022[23]. - Total comprehensive income decreased from a profit of approximately HKD 1.0 million for the three months ended June 30, 2022, to a total comprehensive loss of approximately HKD 0.9 million for the same period in 2023, a decrease of about HKD 1.9 million[45]. Operational Costs - Administrative expenses rose to HKD 4,008, compared to HKD 3,899 in the same period last year, indicating increased operational costs[6]. - Employee benefit expenses, including director's remuneration, decreased from HKD 6.4 million in 2022 to HKD 5.7 million in 2023[18]. - Service costs for the three months ended June 30, 2022, and 2023 were approximately HKD 6.5 million and HKD 5.0 million, respectively, representing a decrease of about HKD 1.5 million or 22.1%[35]. - Administrative expenses increased from approximately HKD 3.9 million to HKD 4.0 million, an increase of about HKD 0.1 million or 2.8%[40]. - Other losses increased from approximately HKD 0.8 million to approximately HKD 1.1 million, primarily due to fair value losses on financial assets[39]. Income and Other Financial Metrics - The company reported other income of HKD 872, which is a notable increase compared to the previous year's other income[6]. - Other income significantly decreased from approximately HKD 872,000 for the three months ended June 30, 2022, to HKD 6,000 for the same period in 2023, primarily due to the absence of government subsidies received in the prior year[37]. - Loss before tax decreased from a profit of approximately HKD 1.1 million for the three months ended June 30, 2022, to a loss of approximately HKD 0.9 million for the same period in 2023, a reduction of about HKD 2.0 million[42]. Corporate Governance and Compliance - The financial data presented is unaudited and prepared in accordance with the GEM Listing Rules, ensuring compliance with regulatory standards[12]. - The company confirms compliance with the GEM Listing Rules regarding securities trading by directors for the three months ending June 30, 2023[61]. - The company has maintained high standards of corporate governance, based on the GEM Listing Rules[62]. - The audit committee has been established in accordance with GEM listing rules and corporate governance codes, consisting of three independent non-executive directors[68]. - The audit committee has reviewed and approved the unaudited consolidated financial information for the three months ending June 30, 2023, ensuring compliance with applicable accounting standards and GEM listing regulations[69]. - The board of directors is composed of two executive directors and three independent non-executive directors, ensuring a balanced governance structure[70]. Future Outlook and Strategy - The group aims to achieve sustainable growth and strengthen its competitiveness in the Hong Kong interior design industry, focusing on understanding customer needs and delivering innovative solutions[47]. - The company plans to maintain and consolidate its market position in Hong Kong, enhance brand awareness, and continue talent recruitment and internal training to support future growth[48]. Shareholder Information - Major shareholder Jun Tai Ting Investment holds 159,068,639 shares, representing 73.87% of total equity as of June 30, 2023[52]. - The company did not recommend the payment of any dividends for the three months ended June 30, 2023[25]. - The company has not conducted any significant acquisitions or disposals of subsidiaries, associates, or joint ventures in the three months ending June 30, 2023[58]. - There have been no significant events after June 30, 2023, that would materially impact the company's operations and financial performance[67]. - The company has not disclosed any other individuals or companies with recorded interests or short positions in the company's shares as of June 30, 2023[53]. - The company has not reported any rights issues or share buybacks in the recent quarter[60]. - There were no purchases, sales, or redemptions of the company's listed securities during the three months ending June 30, 2023[59]. - The company adopted a share option scheme in July 2012, which expired on July 29, 2022, and no further options can be granted under this scheme[55].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部 或任何部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。 Hephaestus Holdings Limited 客 思 控 股 有 限 公 司 （於開曼群島註冊成立之有限責任公司） （股份代號：8173） 第一季度業績公告 截至二零二三年六月三十日止三個月 客思控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司及其附 屬公司（統稱為「本集團」）截至二零二三年六月三十日止三個月的未經審核簡明 綜合財務業績。本公告載列本公司截至二零二三年六月三十日止三個月的二零 二三第一季度報告（「二零二三第一季度報告」）全文，並符合香港聯合交易所有 限公司的GEM證券上市規則（「GEM上市規則」）有關第一季度業績初步公告隨附 資料的相關規定。二零二三第一季度報告的印刷版本將按GEM上市規則規定的 方式適時寄發予本公司股東，並可於香港聯合交易所有限公司網站及本公司網 站www.hephaestus.com.hk閱覽。 承董事會命 客思控股有限公司 主席、行政 ...

Financial Performance - Revenue decreased from approximately HK$51.7 million for the year ended March 31, 2022, to approximately HK$35.5 million for the year ended March 31, 2023, representing a decrease of approximately HK$16.2 million or 31.4%[24]. - Cost of services decreased from approximately HK$24.1 million in 2022 to approximately HK$21.3 million in 2023, a decrease of approximately HK$2.8 million or 11.8%[25]. - Gross profit for the year ended March 31, 2023, was approximately HK$14.2 million, down from approximately HK$27.6 million in 2022, a decrease of approximately HK$13.4 million[26]. - Overall gross profit margin decreased from approximately 53.4% in 2022 to approximately 40.1% in 2023[26]. - Profit before tax decreased from approximately HK$5.7 million in 2022 to a loss of approximately HK$2.8 million in 2023, a decrease of approximately HK$8.5 million[41]. - Total comprehensive income decreased by approximately HK$7.2 million, from approximately HK$4.2 million in 2022 to a loss of approximately HK$3.1 million in 2023[43]. - Administrative expenses decreased from approximately HK$21.1 million in 2022 to approximately HK$16.9 million in 2023, a decrease of approximately HK$4.2 million or 20%[34]. - Finance costs decreased by approximately HK$1.2 million or 98.2%, from approximately HK$1.2 million in 2022 to approximately HK$22,000 in 2023[35]. - The total comprehensive loss for the year ended 31 March 2023 was approximately HK$3.1 million, a decrease of about HK$7.2 million from a profit of approximately HK$4.2 million for the year ended 31 March 2022[47]. - As of 31 March 2023, the Group's total assets were approximately HK$56.4 million, down from approximately HK$59.1 million as of 31 March 2022[50]. - Cash and cash equivalents decreased to approximately HK$5.1 million as of 31 March 2023, compared to approximately HK$22.6 million as of 31 March 2022[50]. - The current ratio as of 31 March 2023 was approximately 3.8 times, down from approximately 5.4 times as of 31 March 2022[51]. Business Strategy and Growth - The Group aims to strengthen its overall competitiveness and business growth in the interior design industry in Hong Kong[18]. - The Group aims to achieve sustainable growth and strengthen its competitiveness in the Hong Kong interior design industry[88]. - The Group plans to maintain its market position in Hong Kong, enhance brand recognition, and continue recruiting talents to support future growth[96]. - The Group will remain cautiously attentive to market conditions due to the unpredictable macroeconomic environment[95]. - The Group has no concrete plans for material investments or capital assets for the coming year[84]. - The Group did not make any significant investments, acquisitions, or disposals during the year ended March 31, 2023, that would constitute a discloseable transaction under GEM Listing Rules[83]. Shareholder and Stakeholder Relations - The Company expresses gratitude to shareholders, business partners, and customers for their support and trust throughout the year[19]. - The Board does not recommend the payment of any dividend for the year ended March 31, 2023, consistent with the previous year[86]. Corporate Governance - The Group has complied with the corporate governance code provisions throughout the year ended March 31, 2023, with some deviations noted[100]. - The Board is responsible for overseeing the Group's business and strategic decisions, ensuring effective corporate governance practices are in place[117]. - The Board has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with defined terms of reference[182]. - The Board comprises five Directors, all of whom have served for 1 year[124]. - The Company has adopted a code of conduct for securities transactions by Directors, reminding them of the prohibition on dealing in listed securities during blackout periods four times a year[105]. - All Directors have complied with the required standard of dealings set out in the GEM Listing Rules during the year ended March 31, 2023[106]. - The Company has arranged appropriate liability insurance coverage for all Directors, which includes various risks such as regulatory crisis events and litigation[120]. - The Board leads the management in defining the purpose, values, and strategic direction of the Group, fostering a corporate culture that benefits all stakeholders[112]. - The Board has delegated various responsibilities to Board committees to enhance governance and oversight[118]. Diversity and Inclusion - Approximately 60% of Directors and 46% of the total workforce are male, indicating a focus on diversity[128]. - The Company has established a Board Diversity Guideline to enhance effectiveness through diversity considerations[125]. - The Nomination Committee reviews the Board Diversity Guideline periodically to ensure its effectiveness[127]. - The Company believes in meritocracy for Board appointments, considering various diversity factors[126]. - Selection of Board candidates considers various diversity factors, including gender, age, cultural background, and professional qualifications[199]. Risk Management - The Group's credit risk is managed through individual credit evaluations and regular reviews of recoverable amounts[68]. - The Group's liquidity policy involves regular monitoring of current and expected liquidity requirements to maintain sufficient cash reserves[69]. - The Company has not made any new insurance arrangements for potential legal actions faced by Directors and senior officers since January 8, 2022, but believes all claims can be effectively managed[107]. ESG Initiatives - The Group is increasingly conscious of ESG initiatives and is focusing on supporting the global low-carbon and sustainable future transition[113]. - The Group focuses on achieving sustainable growth in both financial and ESG performance, executing disciplined management of revenue, profitability, and investment returns[113].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Hephaestus Holdings Limited 客 思 控 股 有 限 公 司 （於開曼群島註冊成立之有限責任公司） （股份代號：8173） 截至二零二三年三月三十一日止年度之 全年業績公告 客思控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司及其附 屬公司（統稱為「本集團」）截至二零二三年三月三十一日止年度的經審核綜合年 度業績。本公告載列本公司截至二零二三年三月三十一日止年度的2022/23年報 （「2022/23年報」）全文，並符合香港聯合交易所有限公司GEM（「GEM」）證券上市 規則（「GEM上市規則」）有關年度業績初步公告隨附資料的相關規定。2022/23年 報的印刷版本將按GEM上市規則規定的方式適時寄發予本公司股東，並可於香 港聯合交易所有限公司網站www.hkexnews.hk及本公司網站www.hephaestus.com.hk 閱覽。 承董事會命 客 ...

Financial Performance - Revenue for the three months ended December 31, 2022, was HKD 8,126,000, a decrease of 35.5% compared to HKD 12,642,000 for the same period in 2021[5] - Gross profit for the nine months ended December 31, 2022, was HKD 10,312,000, down 47.5% from HKD 19,605,000 in the previous year[5] - Operating loss for the three months ended December 31, 2022, was HKD 775,000, compared to an operating profit of HKD 876,000 for the same period in 2021[5] - The net loss for the nine months ended December 31, 2022, was HKD 2,425,000, compared to a profit of HKD 2,252,000 in the previous year[5] - Basic loss per share for the three months ended December 31, 2022, was HKD (0.31), compared to earnings of HKD 0.04 for the same period in 2021[5] - Total comprehensive loss for the nine months ended December 31, 2022, was HKD 2,605,000, compared to total comprehensive income of HKD 2,252,000 in the previous year[5] - Revenue for the nine months ended December 31, 2022, was HKD 26,283,000, down 31.3% from HKD 38,267,000 in the previous year[12] - The company reported a loss attributable to owners of the company of HKD 660,000 for the three months ended December 31, 2022, compared to a profit of HKD 91,000 in the same period of 2021[20] - The company’s financial costs decreased significantly by approximately 98.6% from HKD 1.2 million for the nine months ended December 31, 2021, to about HKD 17,000 for the same period in 2022[40] Expenses - Administrative expenses for the nine months ended December 31, 2022, were HKD 13,473,000, a decrease of 15.2% from HKD 15,891,000 in the previous year[5] - The total employee benefits expenses for the nine months ended December 31, 2022, were HKD 18,273,000, a decrease of 8.4% from HKD 19,944,000 in the previous year[18] - Service costs for the nine months ended December 31, 2022, were approximately HKD 16.0 million, down about HKD 2.7 million or 14.4% from HKD 18.7 million in the same period of 2021[34] - The company incurred a tax expense of HKD 122,000 for Hong Kong profits tax for the three months ended December 31, 2022, compared to a tax expense of HKD 370,000 in the same period of 2021[15] - The company’s tax credit for the nine months ended December 31, 2022, was approximately HKD 97,000, a decrease of about HKD 977,000 from a tax expense of approximately HKD 880,000 in the prior year[42] Equity and Shares - The company’s total equity as of December 31, 2022, was HKD 45,243,000, a decrease from HKD 47,848,000 as of April 1, 2022[6] - The weighted average number of ordinary shares for calculating basic loss per share was 215,347,000 for the nine months ended December 31, 2022[20] - The company holds a total equity interest of 159,068,639 shares, representing 73.87% of the total issued shares as of December 31, 2022[50] - The company repurchased and canceled a total of 117,152,000 shares at a total cost of approximately HKD 10.886 million during the nine months ended December 31, 2021[25] Governance and Compliance - The board believes that maintaining high corporate governance standards is crucial for the group's sustainable growth, and has adopted the corporate governance code as per GEM Listing Rules[61] - The audit committee, consisting of three independent non-executive directors, oversees the company's financial reporting and internal control systems[69] - The unaudited financial results for the nine months ending December 31, 2022, have been approved by the audit committee, ensuring compliance with applicable accounting standards[70] - The company has adopted a code of conduct for securities trading by directors, confirming compliance with the GEM Listing Rules for the nine months ending December 31, 2022[60] Future Outlook and Strategy - The group aims for sustainable growth and to strengthen its competitiveness in the Hong Kong interior design industry[46] - The company believes that the Hong Kong residential market may be supported by relatively low mortgage rates and ongoing demand despite weak market sentiment[46] - The group plans to maintain and strengthen its market position in Hong Kong, enhance brand awareness, and continue talent recruitment and internal training to support future growth[46] - The group continues to monitor the global macroeconomic environment, particularly the ongoing impact of the COVID-19 pandemic[46] Acquisitions and Investments - The acquisition of 50% of the issued shares of Yuen Yat Investment Limited was completed for HKD 11,200,000, involving a property of approximately 13,939 square feet[56] - As of December 31, 2022, the company had no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the nine months[58] - The company reported no buybacks or redemptions of its listed securities during the nine months ending December 31, 2022[59] Miscellaneous - The company did not recommend any dividend for the nine months ended December 31, 2022, consistent with the previous year[21] - The company has not granted, exercised, cancelled, or forfeited any share options during the nine months ending December 31, 2022[52] - The board consists of two executive directors and three independent non-executive directors as of the report date[71] - The company has not disclosed any significant matters that could severely impact its operations and financial performance after December 31, 2022[68] - The company has not made any new insurance arrangements for potential legal actions against its directors and senior officers since January 8, 2022[63] - The company entered into a lease agreement on January 1, 2023, for properties in Hong Kong, with a total annual cap of HKD 3,516,000 for the fiscal year ending March 31, 2024[68]

Hephaestus Holdings Limited 客思控股有限公司 ( 於開曼群島註晉成立之有限責任公司) (限份代號:8173) 2 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市的 公司帶有較高投資風險。有意投資的人士應瞭解投資於該等公司的潛在風險，並應經過審 慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於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，並明確表示不會就本報告全部或任何部分內容而產生或因倚賴該等內 容而引致之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」）之規定而提供有關客思控股有 限公司（「本公司」，連同其附屬公司統稱「本集團」）之資料。本公司董事（「董事」，各為「董 事」）願就本報告所載內容共同及個別承擔全部責任，且在作出一切合理查詢後確認，就彼 等所深知及確信，本報告所載資料在各 ...