香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 佈 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會 就 因 本 公 佈 全 部 或 任 何 部 分 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。 LEGENDARY EDUCATION GROUP LIMITED 傳承教育集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8195） 截 至 二 零 二 五 年 三 月 三 十 一 日 止 年 度 之 年 度 業 績 公 佈 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 ...

智通财经APP讯，传承教育集团(08195)发布公告，于2024年，在有利的政策变化及宏观经济趋势的推动 下，虚拟资产市场出现前所未有的增长，加密货币价格飙升，并录得大量资金流入。本公司董事会对加 密货币市场的强劲势头持乐观态度，此乃得益于支持性监管发展、机构投资增加、加密货币交易所买卖 基金产品扩展、因可及性及知名度提高带来的普及应用，以及亚洲加密货币开发商份额不断增长带动亚 洲零售渗透率提高。因此，本公司拟投资加密货币(潜在投资)，以把握加密货币市场的上升潜力，从而 提升股东回报。 本公司已成立投资委员会(投资委员会)，并订立书面职权范围，自2025年6月11日起生效，以加强投资 决策及风险管理流程，并提升重大投资决策的效率及质量，尤其是考虑到本集团于加密货币及虚拟资产 方面的投资。执行董事袁裕深先生已获委任为投资委员会主席。非执行董事邓声兴博士及独立非执行董 事钟展坤先生已获委任为投资委员会成员。 投资委员会将负责审阅并就合适的投资、投资策略及该等资产的管理向董事会提供推荐建议。此外，投 资委员会将评估、批准及就本集团管理团队呈报的各种投资机会提出推荐建议。 潜在投资的总金额不超过3000万港元，将由本 ...

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 152,251,000, representing an increase of 14.7% compared to HKD 132,786,000 for the same period in 2023[5]. - Gross profit for the period was HKD 92,952,000, with a gross margin of 61.0%[5]. - The net profit for the period was HKD 21,786,000, up 7.9% from HKD 20,206,000 in the previous year[5]. - Basic earnings per share decreased to HKD 4.88 from HKD 5.23, while diluted earnings per share decreased to HKD 4.15 from HKD 4.69[5]. - The total assets as of September 30, 2024, were HKD 488,249,000, an increase from HKD 422,668,000 as of September 30, 2023, representing a growth of approximately 15.5%[32][36]. - The group reported a profit of approximately HKD 21.8 million for the six months ended September 30, 2024, compared to approximately HKD 20.2 million for the same period last year, driven by increased performance in the financial literacy and investment education business[98]. Revenue Breakdown - For the six months ended September 30, 2024, the total revenue from major products and services was HKD 152,251,000, an increase from HKD 132,786,000 in the same period of 2023, representing a growth of approximately 14.0%[38]. - The revenue from financial and investment education courses was HKD 111,428,000 for the six months ended September 30, 2024, compared to HKD 99,024,000 in 2023, indicating a growth of about 12.9%[38]. - The private tutoring services generated revenue of HKD 38,896,000 for the six months ended September 30, 2024, compared to HKD 31,766,000 in 2023, marking a growth of around 22.4%[38]. - The financial literacy and investment education business generated revenue of approximately HKD 111.4 million for the six months ended September 30, 2024, a 12.5% increase compared to HKD 99.0 million in the same period of 2023[82]. - The private tutoring business generated revenue of approximately HKD 38.9 million for the six months ended September 30, 2024, representing a 22.3% increase from approximately HKD 31.8 million in the same period of 2023[86]. Assets and Liabilities - Current assets increased to HKD 276,934,000 from HKD 227,694,000, while current liabilities decreased to HKD 53,521,000 from HKD 73,403,000[7]. - The total liabilities as of September 30, 2024, were HKD 96,826,000, compared to HKD 121,925,000 as of September 30, 2023, indicating a decrease of about 20.6%[32][36]. - The asset-liability ratio as of September 30, 2024, was approximately 5.0%, up from 1.4% as of March 31, 2024[100]. Expenses - Total employee benefits expenses rose to HKD 72,618,000 for the six months ended September 30, 2024, compared to HKD 59,504,000 in 2023, marking an increase of approximately 22.0%[53]. - The sales and administrative expenses increased by approximately 28.3% to about HKD 64.9 million for the six months ended September 30, 2024, primarily due to stock option expenses and marketing costs[97]. - Financial costs for the six months ended September 30, 2024, totaled HKD 597,000, significantly higher than HKD 196,000 in 2023, indicating an increase of approximately 204.1%[42]. - Income tax expense for the period was HKD 5,708,000, up from HKD 4,769,000 in the previous year, reflecting an increase of about 19.6%[8]. Shareholder Information - Basic and diluted earnings per share for the six months ended September 30, 2024, were calculated based on a weighted average of 516,963,000 shares, compared to 444,105,000 shares in 2023, indicating an increase of about 16.4%[57]. - As of September 30, 2024, the total shares held by director Chen Lichan amount to 33,982,080, with an additional 7,526,400 stock options, totaling 41,508,480 shares, representing 9.37% of the company's issued shares[109]. - Director Yuan Yushen holds 6,904,480 shares and 7,526,400 stock options, totaling 14,430,880 shares, which is 3.26% of the company's issued shares[109]. - Major shareholder Lu Yujian owns 63,012,320 shares, accounting for 14.23% of the company's issued share capital[114]. Corporate Governance - The company has established a Compliance Committee to oversee regulatory compliance, effective from June 20, 2022[121]. - The Audit Committee, consisting of three independent non-executive directors, has reviewed the financial statements and confirmed compliance with applicable accounting standards and GEM listing rules[124]. - The company has confirmed that there are no interests held by directors or their close associates in any competing businesses as of September 30, 2024[120]. - The company has not participated in any arrangements allowing directors to benefit from purchasing its shares or debt securities as of September 30, 2024[112]. - The roles of Chairman and CEO are separated, with the board actively seeking a suitable candidate for the CEO position[117]. - The company has fully complied with the trading regulations for directors as per GEM listing rules during the reporting period[118]. Future Plans and Strategies - The company continues to focus on expanding its educational services and product offerings in the investment education sector[17]. - The group plans to expand its private tutoring services across China, capitalizing on the increasing demand for educational services for Hong Kong citizens' children studying in mainland China[90]. - The group has signed a cooperation agreement with Hong Kong Victoria Harbour Education Group to provide HKDSE training services in Guangdong Province, China[90]. - The company is taking a cautious approach to restructuring its retail network in response to the economic slowdown in China and the shift towards online shopping[79]. - The company will continue to seek new orders and customers to expand its original equipment manufacturing and retail businesses[87]. Legal and Compliance - The company has recognized a provision of HKD 1,735,000 related to a legal claim for breach of contract[75]. - Management confirmed that there are no significant changes in accounting policies that would impact the financial results for the current period[19]. - The company did not recommend any interim dividend for the six months ended September 30, 2024, consistent with the previous year where no dividend was declared[55]. - The company has not engaged in any purchase, sale, or redemption of its listed securities during the six months ending September 30, 2024[119]. - The company will publish its interim report for the six months ending September 30, 2024, which will include all information required by GEM listing rules[126]. - The board of directors confirms that the information provided in the announcement is accurate and complete, with no misleading or fraudulent elements[126]. - The announcement will be available on the Hong Kong Stock Exchange website and the company's website for at least seven days from the publication date[126].

本公佈將自其刊登之日起最少一連七天在聯交所網站http://www.hkexnews.hk「最新 公司公告」網頁及本公司網站http://www.legendaryedu.com登載。 － 截至二零二四年三月三十一日止年度，本公司擁有人應佔溢利約為45,598,000 港元（二零二三年：溢利約33,389,000港元）。 傳承教育集團有限公司（前稱創天傳承集團有限公司，「本公司」）於二零一四年六月 五日根據開曼群島法例第22章公司法（一九六一年三號法例，經綜合及修訂）在開曼 群島註冊成立為獲豁免有限公司，其股份於二零一四年十月十日在香港聯合交易所 有限公司（「聯交所」）GEM上市。本公司的註冊辦事處及主要營業地點地址於年報公 司資料一節中披露。 - 3 - 綜合財務狀況表 於二零二四年三月三十一日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈全部或任何 部分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。 LEGENDARY EDUCATION GROUP LIMITED 傳承教育集團有限公司 （於開曼群島註冊 ...

Share Options - No share options were granted, exercised, cancelled, or lapsed between September 4, 2023, and September 30, 2023, with no outstanding options as of September 30, 2023[1]. - A total of 127,992,000 share options were granted on March 26, 2021, to certain grantees[1]. - On October 14, 2022, a total of 35,844,000 share options were granted, including 11,480,000 options to directors and substantial shareholders[3]. - The exercise price for share options is determined by the Directors and will not be less than the highest of the average closing price for the five business days preceding the grant date[1]. - As of March 31, 2023, there were 3,942,400 options outstanding for Mr. Yuen Yu Sum and Mr. Chan Lap Jin Kevin, with an exercise price of HK$1.004[11]. - The vesting period for the options granted on October 14, 2022, extends until October 13, 2032[11]. - The company has not reported any movements in the number of share options under the Previous Scheme during the six months ended September 30, 2023[11]. - The total number of share options granted during the reporting period remains unchanged[11]. - The company continues to focus on its share option scheme as part of its employee incentive strategy[1]. - As of 30 September 2023, the number of share options available for grant under the scheme mandate was 35,845,605[17]. - A total of 21,906,000 share options were granted to eligible employees on 14 October 2022, with specific performance conditions tied to net profit[17]. Financial Performance - The financial performance for the six months ended September 30, 2023, will be detailed in the upcoming financial statements[3]. - The Group's revenue increased from approximately HK$102.2 million for the six months ended 30 September 2022 to approximately HK$132.8 million for the six months ended 30 September 2023, representing an increase of approximately 30.0%[61]. - Revenue for the six months ended 30 September 2023 was HK$132,786,000, an increase of 30% compared to HK$102,221,000 for the same period in 2022[103]. - Profit for the period for the six months ended 30 September 2023 was HK$4,769,000, up from HK$3,076,000 in 2022, representing a 55% increase[111]. - The Group's profit and total comprehensive income for the six months ended September 30, 2023, was HK$20,206,000, compared to HK$18,264,000 in the same period of 2022, reflecting an increase of approximately 10.6%[134]. - The total comprehensive income for the period for the three months ended September 30, 2023, was HK$4,122,000, up from HK$3,562,000 in the prior year, indicating a growth of approximately 15.7%[134]. - For the three months ended September 30, 2023, the profit attributable to owners of the Company was HK$5,014,000, compared to HK$3,837,000 for the same period in 2022, representing a 30.6% increase[136]. Revenue Segments - The Group's revenue is derived from multiple business segments, including OEM, retail, money lending, financial education, property investment, and private supplementary education[25]. - The Group's OEM business includes product design, raw materials sourcing, manufacturing, and quality control management[25]. - The apparel retail business segment focuses on high-end fashion and cashmere apparel through its retail network in Hong Kong[25]. - The money lending business segment provides financing to customers for interest income[25]. - The Group's financial education segment offers courses for tuition fees, contributing to its overall revenue[25]. - The Money Lending Business generated interest income of approximately HK$1.7 million for the six months ended 30 September 2023, with expectations of a decline in loan demand due to a worsening business environment in Hong Kong[32]. - The Financial Quotient and Investment Education Business achieved revenue of approximately HK$99.0 million, representing an increase of approximately 23.8% compared to approximately HK$80.0 million for the same period last year[32]. - The Private Supplemental Education Business generated revenue of approximately HK$31.8 million, marking an increase of approximately 61.4% compared to approximately HK$19.7 million for the same period last year[40]. Assets and Liabilities - Consolidated total assets as of 30 September 2023 were approximately HK$422.7 million, while consolidated total liabilities were approximately HK$121.9 million[67]. - Total current assets increased to HK$207,342,000 as of September 30, 2023, from HK$162,451,000 as of March 31, 2023, reflecting a growth of 27.6%[138]. - Cash and cash equivalents rose significantly to HK$71,739,000 as of September 30, 2023, compared to HK$48,599,000 as of March 31, 2023, marking an increase of 47.6%[138]. - Net current assets improved to HK$139,666,000 as of September 30, 2023, up from HK$91,225,000 as of March 31, 2023, representing a 53.1% increase[140]. - Non-current assets decreased slightly to HK$215,326,000 as of September 30, 2023, from HK$217,147,000 as of March 31, 2023, a decline of 0.8%[138]. - Total assets less current liabilities increased to HK$354,992,000 as of September 30, 2023, compared to HK$308,372,000 as of March 31, 2023, reflecting a growth of 15.1%[140]. - Trade and other receivables rose to HK$68,377,000 as of September 30, 2023, from HK$58,705,000 as of March 31, 2023, indicating a growth of 16.5%[138]. - The Company maintained goodwill at HK$177,764,000 as of both September 30, 2023, and March 31, 2023, showing stability in this asset category[138]. Expenses and Costs - Total employee benefits expenses for the six months ended 30 September 2023 amounted to HK$27,127,000, a 52% increase from HK$17,880,000 in 2022[115]. - Selling and distribution expenses for the six months ended September 30, 2023, were HK$8,471,000, compared to HK$4,041,000 in the same period of 2022, marking an increase of approximately 109.5%[134]. - The administrative and other expenses for the six months ended September 30, 2023, were HK$42,130,000, down from HK$44,416,000 in the same period of 2022, indicating a decrease of about 5.1%[134]. - Interest on lease liabilities for the six months ended September 30, 2023 was HK$171,000, compared to HK$122,000 in 2022, reflecting a 40% increase[108]. - Other borrowings interest for the six months ended September 30, 2023 was HK$25,000, up from HK$23,000 in 2022, showing an 8.7% increase[108]. Strategic Focus and Future Plans - The Group will continue to monitor consumer behavior closely and implement promotional campaigns for the Retail Business, despite the adverse impacts from the coronavirus outbreak[45]. - The Group plans to expand the Money Lending Business with a prudent and balanced risk management approach[46]. - The Group aims to invest resources to expand market share and broaden the customer base in the Financial Quotient and Investment Education Business[47]. - The Group is actively seeking opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asia-Pacific region[47]. - The OEM business will focus on expanding the customer base by diversifying service offerings, despite a downturn in the garment sector[29]. - The Group has adopted a prudent approach in restructuring its Retail Business sales network to minimize operating costs while adapting to the shift towards online shopping[36]. - The Board is optimistic about the demand for private tutorial classes, believing that this new business will enhance the Company's financial performance and shareholder value[60]. Compliance and Governance - The Directors confirmed that the information contained in the report is accurate and complete in all material respects, ensuring transparency and reliability for stakeholders[126]. - The Group has obtained the "Certificate of Provisional Registration of A School" for its education centers, indicating compliance with local regulations[40]. - The interim financial statements are presented in Hong Kong dollars (HK$), which is the functional currency of the Company[177]. - The Group's interim financial statements for the six months ended September 30, 2023, are prepared in accordance with the same accounting policies as the 2023 Annual Report[174].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈全部或任何部分內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 LEGENDARY EDUCATION GROUP LIMITED 傳 承 教 育 集 團 有 限 公 司 （前稱Legendary Group Limited創天傳承集團有限公司） （於開曼群島註冊成立之有限公司） （股份代號：8195） 截至二零二三年九月三十日止六個月 中期業績公佈 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公佈之內容概不負責，對其準確性或完整性亦不發 ...

Financial Performance - The total revenue for the three months ended June 30, 2023, was HK$68,933,000, a 37.5% increase from HK$50,114,000 in the same period of 2022[35]. - Profit before taxation for the period was HK$18.8 million, up from HK$16.7 million in the previous year, representing a growth of approximately 12.5%[5]. - Profit and total comprehensive income for the period amounted to HK$16.1 million, compared to HK$14.7 million in the same period last year, reflecting an increase of about 9.4%[6]. - The company reported earnings per share of HK$8 for the period, compared to HK$7.5 in the previous year, indicating improved profitability on a per-share basis[56]. - The total equity of the company as of June 30, 2023, was HK$269.4 million, an increase from HK$252.4 million at the beginning of the period[57]. - The company reported a profit attributable to ordinary equity holders of HK$5,661,000 for the period, compared to HK$4,823,000 in 2022, representing an increase of 17.4%[126]. Revenue Breakdown - The business property investment segment generated HK$52,155,000, accounting for 75.7% of total revenue, up from HK$40,347,000 in the previous year[35]. - The Financial Quotient and Investment Education Business generated revenue of approximately HK$52.1 million during the three months ended June 30, 2023, representing an increase of approximately 29.3% compared to approximately HK$40.3 million for the last financial year[159]. - Tuition fees from private supplementary education services amounted to HK$52,155,000, up from HK$40,347,000 in the previous year, reflecting a growth of 29.2%[101]. - During the three months ended June 30, 2023, the Private Supplemental Education Business generated revenue of approximately HK$15.8 million[141]. - The Financial Quotient and Investment Education Business reported revenue of HK$855,000, slightly up from HK$845,000 in the same period last year[35]. Cost and Expenses - The Group's cost of sales increased by 89.7% to approximately HK$28.2 million for the three months ended 30 June 2023 compared to the same period in 2022[22]. - Selling and administrative expenses for the three months ended 30 June 2023 were approximately HK$22.4 million, representing an increase of approximately HK$3.7 million from HK$18.7 million for the same period in 2022[24]. - The increase in sales cost was primarily due to the rise in costs associated with educational services offered by the Group[23]. - Administrative expenses for the period were HK$4.0 million, compared to HK$1.3 million in the previous year, indicating a significant rise in operational costs[4]. - Other income and gains for the period totaled HK$605, a decrease from HK$80, highlighting a shift in income sources[4]. Share Options and Corporate Governance - The total number of share options granted on 14 October 2022 was 35,844,000[3]. - The share option scheme allows for options to be granted up to 10% of the issued shares of the Company at any point in time without prior shareholder approval[9]. - The exercise price for share options is determined by the Directors and will not be less than the highest of the average closing price for the five business days preceding the grant date[20]. - As of 30 June 2023, there were no interests or short positions in shares held by Directors and chief executives of the Company[11]. - The share option scheme was adopted on 25 September 2014 and will expire on 10 October 2024[17]. Strategic Initiatives - The company continues to focus on market expansion and new product development as part of its strategic initiatives moving forward[61]. - The Group aims to expand its market presence through investments in property in the Asia Pacific region to generate rental income and benefit from property value appreciation in the long term[79]. - The Group is focused on enhancing its financial quotient and investment education offerings, which are part of its strategic initiatives to diversify revenue streams[79]. - The Group aims to invest resources to expand market share and broaden its customer base in the Financial Quotient and Investment Education Business[187]. - The Group's strategy includes proactively seeking potential investment opportunities to enhance shareholder value[188]. Market and Business Segments - The Group operates through six reportable segments: OEM Business, Retail Business, Money Lending Business, Financial Quotient and Investment Education Business, Property Investment Business, and Private Supplementary Education Business[79]. - The Group's financial performance is assessed based on segment results, which represent pretax profit/loss incurred from each segment without allocation of other income, gains, losses, certain corporate expenses, and finance costs[92]. - The geographical revenue analysis indicates that the majority of revenue is derived from Hong Kong, amounting to HK$68,933,000[118]. - The Group remains optimistic about the long-term prospects of the Retail Business and will closely monitor consumer behavior[168]. - The Group is committed to expanding its Money Lending Business with a balanced risk management approach[145]. Company Changes - The company changed its name from "Legendary Group Limited" to "Legendary Education Group Limited" effective from June 2, 2023[27]. - The company adopted a new logo effective from June 2, 2023[27]. - The stock code for the company is 8195, and it is listed on the GEM of the Stock Exchange[43]. - The company has not early adopted any new/revised HKFRSs that have been issued but are not yet effective, indicating a stable accounting policy approach[64]. - The Group's financial results are subject to review and should be read in conjunction with the annual report for the year ended March 31, 2023, to provide a comprehensive view of its financial health[82].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈全部或任何部分內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 LEGENDARY EDUCATION GROUP LIMITED 傳 承 教 育 集 團 有 限 公 司 （前稱Legendary Group Limited創天傳承集團有限公司） （於開曼群島註冊成立之有限公司） （股份代號：8195） 截至二零二三年六月三十日止三個月 第一季度業績公佈 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公佈之內容概不負責，對其準確性或完整性亦不發 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈全部或任何部分內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 LEGENDARY EDUCATION GROUP LIMITED 傳 承 教 育 集 團 有 限 公 司 （前稱Legendary Group Limited創天傳承集團有限公司） （於開曼群島註冊成立之有限公司） （股份代號：8195） 截至二零二三年三月三十一日止年度之 年度業績公佈 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公佈之內容概不負責，對其準確性或完整性亦不發 ...

Business Segments - The Group's revenue is derived from six main business segments: OEM, Retail, Money Lending, Financial Education, Property Investment, and Private Supplementary Education[17] - The OEM business includes product design, raw materials sourcing, manufacturing, and quality control management[17] - The Retail business focuses on cashmere apparel and accessories marketed under the Group's own and high-end fashion brands[17] - The Money Lending business provides financing to customers, generating interest income[17] - The Financial Quotient and Investment Education business offers courses for tuition fees[17] - The Group's property investment business contributes to overall revenue through strategic investments[17] - The Private Supplementary Education business provides courses for students in exchange for tuition fees[17] Financial Performance - The Money Lending Business generated interest income of approximately HK$3.5 million, representing an increase of approximately 20.2% compared to the previous financial year[23] - The Financial Quotient and Investment Education Business achieved revenue of approximately HK$161.7 million, an increase of approximately 65.8% from approximately HK$97.6 million in the last financial year[25] - The Private Supplementary Education Business generated revenue of approximately HK$70.4 million and recorded a profit of approximately HK$7.0 million during the year ended 31 March 2023[32] - The Group's revenue increased from approximately HK$115.1 million for the year ended 31 March 2022 to approximately HK$237.3 million for the year ended 31 March 2023, representing an increase of approximately 106.2%[43] - Revenue from the "Financial Quotient and Investment Education Business" was approximately HK$161.7 million for the year ended 31 March 2023, an increase of approximately 65.8% compared to approximately HK$97.6 million for the last financial year, accounting for approximately 68.1% of total revenue[44] - The new business of private supplementary education services achieved tuition income of approximately HK$70.4 million for the year ended 31 March 2023, representing a significant increase of over 4 times compared to approximately HK$14.0 million for the last financial year, accounting for approximately 29.7% of total revenue[45] Strategic Initiatives - The Group aims to expand its market presence and enhance product offerings in the coming years[17] - Future strategies may include new product development and potential market expansion initiatives[17] - The Group is committed to maintaining high standards in product quality and customer service across all business segments[17] - The Group will continue to monitor consumer behavior closely and implement promotional campaigns in the Retail Business[34] - The Group is committed to expanding its customer base in the OEM Business and will continue to seek new orders[33] - The Group's restructuring of its sales network aims to minimize operating costs while adapting to the shift towards online shopping[22] - The Group is optimistic about the demand for private tutorial classes and believes that the new private supplementary education services will enhance financial performance and shareholder value[42] - The Group plans to invest resources to expand market share and broaden its customer base in the Financial Quotient and Investment Education Business[40] Property and Investment - The Group will continue to seek opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asia-Pacific region[25] - The Group is seeking opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asia-Pacific region[41] - The Group's strategy includes proactively seeking potential investment opportunities to enhance shareholder value[41] Compliance and Governance - The Group maintained compliance with relevant laws and regulations, with no significant violations reported for the year ended 31 March 2023[90] - The Group understands the importance of maintaining good relationships with suppliers, customers, and other stakeholders, with no significant disputes reported for the year ended 31 March 2023[91] - The Company has complied with relevant laws and regulations, including the Securities and Futures Ordinance and GEM Listing Rules, with no material breaches reported during the year ended March 31, 2023[96] - The Company will continue to enhance its corporate governance practices to align with statutory requirements and the latest developments[150] - The Company has adopted a Board Diversity Policy to enhance the effectiveness of the Board through diversity in gender, age, cultural background, and professional qualifications[183] Board and Management - The Board currently comprises seven members, including two executive Directors and three independent non-executive Directors[152] - The roles of the chairman and CEO are separate, with Mr. Yuen Yu Sum serving as chairman since April 14, 2021, while the search for a new CEO is ongoing[156] - The Board reserves decisions on major matters, including financial information and appointment of Directors[166] - Each independent non-executive Director has a service contract with an initial term of one year, subject to re-election at annual general meetings[161] - All Directors have participated in continuous professional development to enhance their knowledge and skills regarding corporate governance and GEM Listing Rules[189] Financial Reporting - The Group's financial statements for the year ended March 31, 2023, were reviewed by the Audit Committee and comply with applicable accounting standards and GEM Listing Rules[146] - Kenswick CPA audited the financial statements for the year ended March 31, 2023, and will be proposed for reappointment at the 2023 AGM[146] - The cumulative expense for share options reflects revised estimates based on the Group's expectations of equity instruments that will vest[129] - The Group's share options granted to employees are measured at fair value at the grant date and expensed on a straight-line basis over the vesting period[127] Lease and Revenue Recognition - The Group's revenue from contracts with customers is recognized based on the output method, measuring progress towards complete satisfaction of performance obligations[116] - A contract asset represents the Group's right to consideration for goods or services transferred to a customer that is not yet unconditional[116] - A contract liability indicates the Group's obligation to transfer goods or services to a customer for which consideration has been received[116] - Revenue from the sale of goods is recognized when the customer takes possession and accepts the products[72] - Revenue from training courses is recognized at the point in time when the services have been delivered to the customer[72] - The Group recognizes revenue when a performance obligation is satisfied, transferring control of goods or services to the customer[75]