PALINDA GROUP HOLDINGS LIMITED 百利達集團控股有限公司 (於開曼群島註冊成立之有限公司) 股份代號: 8179 202 中 期 報 告 2008 CABERNET SAUVIGNON PALINDA WINES PA 2011 MERLOT PAUNDA WINE CABERNET MERLOT 香港聯合交易所有限公司（「聯交所」）GEM 的特色 GEM 的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一 個上市的市場。有意投資之人士應了解投資於該等公司的潛在風險，並應經過審慎周詳的 考慮後方作出投資決定。 由於GEM 上市公司普遍為中小型公司，在GEM 買賣之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的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 百利達集團控股有限公司（「本公司」）之各董事（「董事」）乃遵照聯交所GEM 證券上市規 則（「GEM ...

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 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 PALINDA GROUP HOLDINGS LIMITED 截至二零二四年六月三十日止六個月之 中期業績公告 百利達集團控股有限公司（「本公司」及其附屬公司，「本集團」）董事（「董事」）會 （「董事會」）欣然公佈本集團截至二零二四年六月三十日止六個月之中期未經審核 綜合業績。本公佈載有本公司二零二四年中期報告（「二零二四年中期報告」）全文， 符合香港聯合交易所有限公司GEM證券上市規則（「GEM上市規則」）有關中期業 績初步公告所附資料的相關規定。 承董事會命 百利達集團控股有限公司 主席兼執行董事 黃巍 香港，二零二四年八月十六日 於本公告日期，本公司董事會由執行董事黃巍女士及竇勝先生，及獨立非執行董 事胡子敬先生、蘇溢泉先生及鄭蕙女士組成。 董事乃遵照GEM上市規則的規定而提供有關本公司的資料，願就本公告共同及個 別承擔全部責任，並在作出一切合理查詢後確認，就彼等所深知及確信，本公告所 載資料在各重 ...

Fundraising and Utilization - The company approved a rights issue of 293,288,167 shares at a subscription price of HKD 0.10 per share, aiming to raise approximately HKD 25.9 million for operational funding in the Hong Kong wine trade[1]. - As of December 31, 2023, the net proceeds of HKD 25.9 million from the rights issue have been fully utilized, with no discrepancies between intended and actual use[5]. - The allocation of the raised funds includes HKD 18.4 million for loan repayment and other payables, HKD 4 million for business development expenses, and HKD 3.5 million for working capital[7]. Business Development Expenditures - Specific expenditures under business development include HKD 1.67 million for five wine tasting events and HKD 2.33 million for sponsoring seven cultural exchange activities[7]. - Administrative expenses accounted for HKD 655,000, while legal and professional fees totaled HKD 435,000, and financial costs reached HKD 2.41 million[7].

Financial Performance - The group's revenue for the fiscal year 2023 was approximately HKD 332.2 million, representing an increase of about 25.5% compared to the previous year[9]. - The wine business generated significant revenue growth, increasing from approximately HKD 262.0 million in 2022 to about HKD 332.2 million in 2023[10]. - The food business reported no revenue in 2023, down from HKD 2.7 million in 2022, but the company remains optimistic about future opportunities in the food market[11]. - The wine business segment achieved revenue of approximately HKD 332.2 million in 2023, up 25.5% from approximately HKD 264.7 million in 2022[20]. - The company recorded a loss of approximately HKD 8.7 million in 2023, compared to a profit of approximately HKD 6.6 million in 2022[29]. - The company reported a net loss of HKD 8,699,000 for the year, compared to a profit of HKD 6,550,000 in the previous year, indicating a significant decline in profitability[175]. - Total comprehensive loss for the year was HKD 8,669,000, compared to a comprehensive income of HKD 6,013,000 in 2022[177]. Profitability and Margins - The gross profit margin for the wine business decreased from approximately 9.2% in 2022 to about 6.1% in 2023 due to discounts and promotional sales strategies[10]. - The wine business segment reported a profit of approximately HKD 0.8 million in 2023, down from approximately HKD 10.8 million in 2022[18]. - The gross profit margin decreased from approximately 9.2% in 2022 to approximately 6.1% in 2023 due to discounts and sales promotions[29]. Costs and Expenses - The cost of sales increased by approximately 29.9% to about HKD 312.0 million in 2023, up from approximately HKD 240.2 million in 2022[22]. - Administrative expenses decreased by approximately 15.8% to about HKD 9.6 million in 2023, down from approximately HKD 11.4 million in 2022[26]. - Financial costs increased by approximately 41.7% to about HKD 6.8 million in 2023, up from approximately HKD 4.8 million in 2022[27]. Assets and Liabilities - The company's total equity increased to approximately HKD 366.2 million in 2023 from approximately HKD 355.8 million in 2022[31]. - The company's total liabilities increased to HKD 129,716,000 from HKD 114,235,000, indicating a rise of 13.6%[179]. - The company's non-current assets decreased to HKD 46,076,000 from HKD 55,984,000, a decline of 17.7%[179]. Market and Business Outlook - The board anticipates that 2024 will be a challenging year for both the wine and food businesses due to potential global economic recession, but expects that the reopening of mainland China may revitalize the market[13]. - The company is actively seeking investment opportunities to diversify its business portfolio and expand revenue sources[13]. - The company faces significant market risks, including fluctuations in costs due to political and trade tensions affecting market sentiment[52]. Corporate Governance - The board consists of five members, including two executive directors and three independent non-executive directors, ensuring a balance of expertise and independence[114]. - The company has adopted a board diversity policy to enhance effectiveness, considering factors such as gender, age, cultural background, and professional experience[122]. - The roles of the chairman and CEO are clearly separated to ensure independence and accountability within the management structure[115]. - The audit committee includes three independent non-executive directors, enhancing oversight of risk management and internal controls[111]. Shareholder Information - The company did not declare or pay any interim dividends for the year, similar to the previous year[48]. - The board does not recommend the payment of a final dividend for the year, consistent with the previous year[49]. - The company has established a code of conduct for directors' securities transactions, ensuring compliance with trading standards[106]. Compliance and Regulations - The company is committed to environmental sustainability and adheres to relevant environmental laws and regulations[64]. - The company has complied with all relevant laws and regulations without any significant violations during the year[65]. - The independent auditor's report confirms that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2023[159]. Future Plans and Changes - The company plans to increase its authorized share capital from 1,000,000,000 shares to 10,000,000,000 shares by issuing an additional 9,000,000,000 shares[157]. - The company has adopted revised articles of association to comply with the latest legal and regulatory requirements, which were approved at the annual general meeting on June 8, 2023[157].

Revenue and Profitability - The company's revenue for the year ended December 31, 2023, was approximately HKD 332.2 million, an increase of about 25.5% compared to the previous year[14]. - The wine business was the largest revenue segment, with earnings rising from approximately HKD 262.0 million in 2022 to about HKD 332.2 million in 2023[15]. - The food business revenue decreased from HKD 2.7 million in 2022 to zero in 2023, but the company remains optimistic about potential opportunities in the food market[14]. - The gross profit margin decreased from approximately 9.2% in 2022 to about 6.1% in 2023 due to discounts and sales promotions for the wine brand[15]. - The wine trade business recorded a segment profit of approximately HKD 0.8 million in 2023, down from HKD 10.8 million in 2022[15]. - The company reported a loss of approximately HKD 8.7 million in 2023, compared to a profit of about HKD 6.6 million in 2022[34]. - The company reported a loss before tax of HKD 8,556,000 for 2023, compared to a profit of HKD 6,842,000 in the previous year[180]. - The net loss for the year was HKD 8,699,000, a significant decline from a profit of HKD 6,550,000 in 2022[180]. - Basic and diluted loss per share for 2023 was HKD 0.85, compared to earnings of HKD 0.85 per share in 2022[182]. Expenses and Financial Costs - Total sales costs increased by approximately 29.9% to about HKD 312.0 million in 2023, up from approximately HKD 240.2 million in 2022[27]. - Other income decreased from approximately HKD 1.3 million in 2022 to about HKD 0.5 million in 2023, mainly due to reduced miscellaneous income and the cessation of government subsidies[28]. - Administrative expenses decreased by approximately 15.8% to about HKD 9.6 million in 2023, down from approximately HKD 11.4 million in 2022[31]. - Financial costs increased by approximately 41.7% to about HKD 6.8 million in 2023, up from approximately HKD 4.8 million in 2022[32]. - Employee benefit expenses decreased to HKD 2,823,000 from HKD 3,062,000 in 2022, reflecting a reduction of 7.8%[180]. - Administrative expenses were reduced to HKD 9,603,000 from HKD 11,375,000, indicating a decrease of 15.6%[180]. Market and Operational Challenges - The Australian subsidiary faced challenges due to grape virus diseases and market oversupply, impacting profitability[15]. - The company is optimistic about future harvests and is enhancing vineyard management skills in response to challenges[15]. - The company is actively seeking opportunities in the food market despite the decline in food business revenue[14]. - The board remains optimistic about the food business and is actively seeking potential opportunities in the market despite recent challenges[24]. - The group faces significant market risks, including currency fluctuations and potential impacts from political and trade tensions between China and Australia[57]. - The group acknowledges the competitive nature of the Hong Kong wine industry, which has seen reduced entry barriers since the 2008 zero import tariff policy[65]. Assets and Liabilities - As of December 31, 2023, the group's net current assets were approximately HKD 320.2 million, an increase from HKD 300.0 million in 2022[37]. - The group's cash and bank balances as of December 31, 2023, were approximately HKD 3.2 million, down from HKD 4.0 million in 2022[37]. - The debt-to-equity ratio as of December 31, 2023, was approximately 34%, compared to 24% in 2022[39]. - The total revenue from the group's five largest customers accounted for approximately 51% of total revenue in the current year, down from 54% in the previous year[82]. - The largest supplier accounted for 36% of the group's total procurement in 2023, a significant increase from 14% in 2022[84]. - The company’s total equity increased from HKD 355,841,000 to HKD 366,167,000, a growth of approximately 2.9% year-over-year[186]. - The company issued new shares raising HKD 19,938,000 during the year, contributing to the increase in equity[187]. Corporate Governance and Compliance - The company has adopted a communication policy to ensure shareholders and potential investors receive timely and understandable information[154]. - The board comprises three independent non-executive directors, with Mr. Su Yichuan serving as the chairman of both the remuneration and nomination committees[141][144]. - The company has fully complied with the corporate governance code applicable during the year[118]. - The independent non-executive directors have confirmed their independence according to GEM listing rules[122]. - The audit committee reviewed the annual performance of the group, ensuring compliance with applicable accounting standards and GEM listing rules[116]. - The company has adopted a board diversity policy to enhance board effectiveness by considering various factors such as gender, age, and professional experience[127]. - The company confirmed compliance with corporate governance codes regarding director training and has provided training records[133]. - The company has no internal audit department due to its relatively simple corporate structure, with the board fully responsible for assessing risks[150]. Strategic Initiatives - The company is expanding its distribution and wholesale channels for the wine trade business[15]. - The company is promoting its wine brand "Palinda" through discounts and diverse sales strategies to develop local markets[15]. - The company has established several agreements constituting continuing connected transactions, disclosed in Note 26 of the financial statements[108]. - The company has amended its articles of association to increase its authorized share capital from 1,000,000,000 shares to 10,000,000,000 shares, approved at the annual general meeting held on June 8, 2023[162]. Future Outlook - The company is optimistic about future harvests and is enhancing vineyard management skills in response to challenges[15]. - The company has not early adopted any new standards that have been issued but are not yet effective, indicating no expected significant impact on future financial statements[198]. - The Hong Kong government has introduced a new directive regarding the offset mechanism for long service payments, effective from May 1, 2025, which may affect the company's accounting practices[199].

Financial Performance - For the nine months ended September 30, 2023, the company reported total revenue of HKD 271,539,000, an increase of 18.2% compared to HKD 229,742,000 for the same period in 2022[6] - The company incurred a net loss of HKD 16,414,000 for the three months ended September 30, 2023, compared to a profit of HKD 13,226,000 for the same period in 2022[6] - Total comprehensive income for the nine months ended September 30, 2023, was HKD 15,001,000, compared to HKD 12,232,000 for the same period in 2022, reflecting a growth of 22.8%[8] - The group reported a profit before tax of HKD 18,718,000 for the nine months ended September 30, 2023, compared to HKD 14,834,000 for the same period in 2022, marking an increase of approximately 26.5%[21] - The company reported a basic and diluted loss per share of HKD 1.65 for the three months ended September 30, 2023, compared to earnings per share of HKD 1.53 for the same period in 2022[8] Revenue Breakdown - For the nine months ended September 30, 2023, the wine business generated revenue of HKD 271,539,000, an increase from HKD 226,796,000 in the same period of 2022, representing a growth of approximately 19.7%[21] - The food business reported revenue of HKD 2,946,000 for the nine months ended September 30, 2023, compared to HKD 2,946,000 in the same period of 2022, indicating no growth[21] - Revenue from external customers in Hong Kong for the nine months ended September 30, 2023, was HKD 271,423,000, compared to HKD 229,521,000 in the same period of 2022, reflecting an increase of approximately 18.2%[24] - Revenue from external customers in Australia for the nine months ended September 30, 2023, was HKD 116,000, down from HKD 221,000 in the same period of 2022, indicating a decline of approximately 47.5%[24] Expenses and Costs - The gross profit margin for the nine months ended September 30, 2023, was approximately 12.7%, down from 11.7% in the same period of 2022[6] - The company's administrative expenses decreased to HKD 4,201,000 for the nine months ended September 30, 2023, from HKD 7,919,000 in the same period of 2022, a reduction of 47.0%[6] - The company’s financial costs increased to HKD 4,506,000 for the nine months ended September 30, 2023, compared to HKD 3,527,000 in the same period of 2022, an increase of 27.7%[6] - Interest expenses for the three months ended September 30, 2023, increased to HKD 1,826,000 from HKD 1,228,000 in the same period of 2022, representing a year-over-year increase of 48.8%[27] - The cost of sales and consumed inventory increased by approximately HKD 34.4 million or about 17.0% to approximately HKD 237.2 million in 2023, primarily due to market development price adjustments[47] Assets and Liabilities - The company’s total assets as of September 30, 2023, amounted to HKD 370,842,000, compared to HKD 299,934,000 as of January 1, 2022, reflecting an increase of 23.7%[10] - As of September 30, 2023, the company's cash and cash equivalents amounted to approximately HKD 1.0 million, down from HKD 4.0 million as of December 31, 2022[52] - The company's borrowings as of September 30, 2023, were approximately HKD 117.4 million, an increase from HKD 90 million as of December 31, 2022[54] - The debt-to-equity ratio as of September 30, 2023, was approximately 31.6%, compared to 24.2% as of December 31, 2022[55] Strategic Plans - The company plans to continue exploring market expansion opportunities and new product development to enhance future growth prospects[6] - The company plans to enhance its wine trade sales capabilities and conduct more advertising activities targeting the APEC wine market[50] - The company aims to expand its product portfolio and online market promotion while seeking acquisition opportunities to enhance the scale and performance of its wine trade division[50] - The company will closely monitor and review the performance of existing businesses to focus resources on areas with greater growth potential and profitability[50] Corporate Governance - The audit committee reviewed the unaudited financial statements for the third quarter of 2023 and confirmed compliance with applicable accounting standards and GEM listing rules[81] - The company has adhered to the corporate governance code as per GEM listing rules during the nine months ended September 30, 2023[79] - The board of directors consists of executive directors and independent non-executive directors as of the report date[82] Employee and Shareholder Information - The company had approximately 15 employees as of September 30, 2023, and offers competitive compensation and training programs to retain talent[63] - The company has a total of 171,244,800 shares held by Ms. Huang Wei, representing 17.18% of the total shares[70] - The company has not engaged in any significant acquisitions or disposals of subsidiaries or associated companies during the reporting period[66] - The company has no outstanding stock options granted under its stock option plan as of September 30, 2023[69]

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分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 PALINDA GROUP HOLDINGS LIMITED 截至二零二三年九月三十日止九個月之 第三季業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供 一個上市的市場。有意投資之人士應了解投資於該等公司的潛在風險，並應經過審慎周 詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，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。 百利達集團控股有限公司（「本公司」）之各董事（「董事」）乃遵照聯交所GEM證券上市規 則（「GEM上市規則」）的規定而提供有關本公司的資料，願就本公告共同及個別承擔全 ...

Financial Performance - For the six months ended June 30, 2023, the company reported revenue of HKD 249,088,000, a significant increase of 92% compared to HKD 129,851,000 for the same period in 2022[6] - The net profit for the six months ended June 30, 2023, was HKD 31,241,000, compared to a loss of HKD 675,000 in the same period of 2022, indicating a turnaround in performance[6] - The company's earnings per share for the six months ended June 30, 2023, was HKD 3.13, a substantial improvement from a loss of HKD 0.11 per share in the previous year[8] - The company reported a total comprehensive income of HKD 31,341,000 for the six months ended June 30, 2023, compared to a loss of HKD 1,404,000 in the same period of 2022[8] - The company achieved a consolidated profit before tax of HKD 31,241,000 for the six months ended June 30, 2023, compared to a loss of HKD 675,000 in the same period of 2022[25] - For the three months ended June 30, 2023, the company reported a profit attributable to owners of HKD 15,135,000, compared to a loss of HKD 354,000 in the same period of 2022, representing a significant turnaround[40] Assets and Liabilities - Total assets as of June 30, 2023, amounted to HKD 478,875,000, an increase from HKD 414,092,000 as of December 31, 2022[9] - The total assets of the company increased to HKD 526,378,000 as of June 30, 2023, up from HKD 470,313,000 as of December 31, 2022, reflecting a growth of 11.9%[25] - The company reported a total liability of HKD 139,196,000 as of June 30, 2023, compared to HKD 114,180,000 as of December 31, 2022, indicating an increase of 22%[25] - The company’s equity attributable to owners increased to HKD 387,182,000 as of June 30, 2023, up from HKD 355,841,000 at the beginning of the year[12] - Total borrowings as of June 30, 2023, were HKD 94,350,000, which includes bank loans of HKD 90,000,000 and other borrowings of HKD 4,350,000, remaining stable compared to the previous period[55] Cash Flow and Liquidity - The company’s cash and cash equivalents decreased to HKD 1,025,000 from HKD 3,974,000, indicating a liquidity challenge[9] - The company’s cash flow from operating activities was a net outflow of HKD 7,883,000, slightly improved from a net outflow of HKD 8,250,000 in the prior year[16] - Cash and cash equivalents decreased by HKD 3,049,000, ending at HKD 1,025,000 as of June 30, 2023, compared to HKD 14,977,000 at the end of June 2022[16] - As of June 30, 2023, the group's cash and cash equivalents amounted to approximately HKD 1.0 million, down from approximately HKD 4.0 million as of December 31, 2022[79] Inventory and Receivables - The company's inventory decreased to HKD 294,347,000 from HKD 370,031,000, reflecting a reduction of approximately 20%[9] - Trade receivables surged to HKD 177,365,000 from HKD 34,282,000, indicating a significant increase in sales and customer credit[9] - The net trade receivables after expected credit loss provisions were HKD 177,365,000, compared to HKD 34,282,000 in the previous year, marking an increase of approximately 417%[51] - Trade payables as of June 30, 2023, were HKD 19,451,000, up from HKD 3,442,000 as of December 31, 2022, reflecting an increase of approximately 466%[53] Operational Efficiency - The company's operating expenses decreased, with administrative expenses dropping from HKD 4,413,000 in 2022 to HKD 1,847,000 in 2023, a reduction of approximately 58%[6] - The cost of sales and consumed inventory increased by approximately 67% to HKD 203 million for the six months ended June 30, 2023, from HKD 121 million in the same period of 2022[75] - The wine trading segment recorded a profit of approximately HKD 38.7 million for the six months ended June 30, 2023, compared to a profit of HKD 4.2 million for the same period in 2022[72] Strategic Initiatives - The company continues to focus on its core business areas, including wine trading and food production, as part of its strategic growth initiatives[17] - The group intends to strengthen its wine trading sales capabilities and conduct more advertising and promotional activities targeting the APEC wine market[77] - The group plans to seek acquisition opportunities to enhance the operational scale and performance of its wine trading segment[77] - The company plans to continue expanding its market presence in Hong Kong and Australia, focusing on enhancing its wine trade operations[26] Corporate Governance - The board confirmed compliance with the GEM Listing Rules regarding corporate governance during the six months ending June 30, 2023[109] - The audit committee reviewed the unaudited interim financial statements for the six months ending June 30, 2023, ensuring compliance with applicable accounting standards[112] - There were no conflicts of interest reported among directors in competitive businesses during the six months ending June 30, 2023[106]

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分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 PALINDA GROUP HOLDINGS LIMITED 截至二零二三年六月三十日止六個月之 中期業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供 一個上市的市場。有意投資之人士應了解投資於該等公司的潛在風險，並應經過審慎周 詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，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。 百利達集團控股有限公司（「本公司」）之各董事（「董事」）乃遵照聯交所GEM證券上市規 則（「GEM上市規則」）的規定而提供有關本公司的資料，願就本公告共同及個別承擔全 ...

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分內容而 產生或因依賴該等內容而引致之任何損失承擔任何責任。 PALINDA GROUP HOLDINGS LIMITED 有關二零二二年供股結果及所得款項用途的補充公告 茲提述(i)百利達集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）截至二 零二二年十二月三十一日止財政年度的年報（「二零二二年年報」）；及(ii)本公司日期為 二零二三年六月十三日有關供股（「供股」）的供股章程（「供股章程」）。本公司董事會（「董 事會」）謹此對二零二二年年報補充以下資料。 於二零二二年七月五日，本公司已批准及按每兩(2)股現有股份配發一(1)股供股股份的 基準以認購價每股供股股份0.10港元進行供股，以透過向合資格股東發行293,288,167股供 股股份籌集最多約25.9百萬港元（扣除開支）。所得款項計劃用途僅用作拓展香港葡萄酒 貿易業務的營運資金。 本公司之股權架構 就董事所深知及盡悉，本公司於緊接供股完成前及緊隨供股完成後之股權架構如下： ...