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 ...

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]

Financial Performance - For the three months ended December 31, 2022, the revenue was HK$65,331,000, representing an increase of 100.5% compared to HK$32,606,000 for the same period in 2021[14] - For the nine months ended December 31, 2022, the revenue reached HK$167,552,000, up 99.5% from HK$84,100,000 in the previous year[14] - Profit before taxation for the three months ended December 31, 2022, was HK$13,928,000, a decrease of 4.2% from HK$14,542,000 in the same period of 2021[14] - Profit for the period for the three months ended December 31, 2022, was HK$12,395,000, compared to HK$12,160,000 for the same period in 2021, reflecting a growth of 1.9%[14] - The total comprehensive income for the nine months ended December 31, 2022, was HK$30,671,000, compared to HK$30,164,000 for the same period in 2021, showing a slight increase of 1.7%[14] - For the nine months ended December 31, 2022, the profit attributable to owners of the Company was HK$31,160,000, compared to HK$30,184,000 for the same period in 2021, representing a growth of 3.2%[15] - The profit for the nine months ended 31 December 2022 was approximately HK$30.7 million, slightly up from approximately HK$30.2 million for the same period in 2021[114] Revenue Streams - For the nine months ended December 31, 2022, total revenue from external customers was HK$167,552,000, with significant contributions from the Retail Business (HK$860,000) and Money Lending Business (HK$2,713,000) [42] - The OEM Business generated revenue of HK$100,000, while the Property Investment Business contributed HK$42,040,000, indicating diverse revenue streams across segments [42] - Tuition fees from financial quotient and education courses amounted to HK$121,839,000, up from HK$81,463,000, reflecting a growth of 49.7%[45] - Interest income from loan receivables increased to HK$2,713,000, compared to HK$2,175,000, marking a rise of 24.7%[45] - Garment products revenue surged to HK$960,000, compared to HK$310,000, indicating a growth of 209.7%[45] - Revenue from private supplementary education courses rose to HK$42,040,000 from HK$152,000, a dramatic increase of 27,646.7%[45] - The Financial Quotient and Investment Education Business reported revenue of approximately HK$121.8 million, an increase of approximately 49.6% compared to HK$81.5 million in the previous financial year, with over 3,000 students enrolled[77] - The Private Supplementary Education Business generated revenue of approximately HK$42.0 million during the nine months ended December 31, 2022[85] Expenses and Costs - The cost of sales for the three months ended December 31, 2022, was HK$23,222,000, which is significantly higher than HK$7,049,000 for the same period in 2021[14] - Administrative expenses for the nine months ended December 31, 2022, totaled HK$70,122,000, compared to HK$28,125,000 in the previous year, indicating a rise of 149.5%[14] - The Group's cost of sales increased by 241.9% to approximately HK$55.9 million for the nine months ended December 31, 2022, primarily due to increased costs in the Financial Quotient and Investment Education Business and Private Supplementary Education Business[109] - Selling and administrative expenses rose to approximately HK$76.6 million, an increase of approximately HK$45.4 million compared to HK$31.2 million in the previous year, mainly due to the commencement of the private supplementary education business[113] Financial Position - As of December 31, 2022, total equity attributable to owners of the Company was HK$244,498,000, an increase from HK$216,139,000 as of December 31, 2021[20] - As of 31 December 2022, the Group had approximately HK$29.5 million in bank balances and cash, an increase from approximately HK$21.0 million as of 31 March 2022[115] Corporate Governance and Compliance - The company has confirmed that the information contained in the report is accurate and complete in all material respects, ensuring transparency for investors[4] - The Company established a Compliance Committee on 20 June 2022 to oversee regulatory compliance with applicable laws and regulations[171] - The Company engaged an independent legal adviser for compliance consultation from 1 July 2022 to 30 June 2023[174] - The Company has fulfilled all Resumption Guidance and applied for the resumption of trading in its Shares effective from 9 August 2022[168] - The Company has complied with all applicable code provisions of the Corporate Governance Code, except for a deviation regarding the separation of roles[159] Shareholder Information - The Board of Directors did not recommend any payment of an interim dividend for the nine months ended 31 December 2022, while in 2021, an interim dividend of HK$0.0075 per share was declared[60] - The Company has proposed a bonus issue of Shares at a ratio of one (1) Bonus Share for every ten (10) existing Shares held by Qualifying Shareholders[177] - The company proposed a bonus share issuance of 1 share for every 10 shares held by eligible shareholders as of September 26, 2022[179] - The total number of shares for which options may be granted under the share option scheme is capped at 10% of the company's issued shares at any time without prior shareholder approval[139] Business Segments and Strategy - The company operates multiple business segments, including OEM, retail, money lending, financial education, property investment, and private supplementary education[66] - The Group's segment reporting includes six distinct business lines, including OEM, Retail, Money Lending, Financial Education, Property Investment, and Private Supplementary Education [35] - The Group aims to invest resources to expand its share in the financial quotient and investment education market while broadening its customer base[95] - 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[82] - The Group is committed to strengthening its customer base in the OEM Business and will continue to seek new orders and customers[89] - Management will closely monitor consumer behavior in the Retail Business and implement timely strategies to address the impact of COVID-19[90] Acquisitions and Investments - The Company acquired a subsidiary during the nine months ended December 31, 2022, which contributed HK$64,000 to total equity[20] - On 16 August 2022, the Group agreed to acquire 100% equity interest of MPS Dance Limited for HK$15 million, which includes cash and promissory notes, enhancing its portfolio in the education sector[120] - On September 27, 2022, Able Glorious agreed to acquire 75% equity interest in Hong Kong Institute of Professional Studies Limited for HK$2,000,000, to be settled in cash[124] - The acquisition of HKIPS is expected to enhance the company's capabilities in financial analysis education[124] Director and Executive Interests - The company has not disclosed any significant changes in the interests of directors and chief executives in shares or debentures as of December 31, 2022[132] - The company has not engaged in any arrangements for directors and chief executives to acquire benefits through share or debt securities acquisition as of December 31, 2022[135] - Each director confirmed compliance with the required standard of dealings during the nine months ended December 31, 2022[152]

Revenue Growth - For the three months ended September 30, 2022, the revenue was HK$52,107,000, an increase from HK$20,965,000 in the same period of 2021, representing a growth of 148%[13] - For the six months ended September 30, 2022, the revenue reached HK$102,221,000, compared to HK$51,494,000 in the corresponding period of 2021, indicating a growth of 98%[13] - Revenue from major products and services reached HK$102,221,000 for the six months ended September 30, 2022, compared to HK$51,494,000 in the same period of 2021, representing a 98.5% increase[106] - Tuition fees from private supplementary education services contributed HK$79,985,000, up from HK$49,908,000 year-on-year, indicating a 60.4% growth[106] Profit and Income - Profit before taxation for the three months ended September 30, 2022, was HK$4,636,000, up from HK$3,877,000 in the same period of 2021, reflecting an increase of 20%[13] - The profit and total comprehensive income for the period for the three months ended September 30, 2022, was HK$3,562,000, compared to HK$3,201,000 in the same period of 2021, showing a growth of 11%[13] - The Group's profit before taxation for the six months ended September 30, 2022, was HK$21,340,000, compared to HK$21,342,000 in the same period of 2021, showing a slight decrease[13] - The company reported a total comprehensive income of HK$18,894,000 for the six months ended September 30, 2022, compared to HK$18,021,000 for the same period in 2021, reflecting a growth of 4.8%[15] - For the six months ended September 30, 2022, the profit attributable to ordinary equity holders was HK$9,000,000, a decrease from HK$12,000,000 in 2021[122] Expenses and Costs - Selling and distribution expenses for the three months ended September 30, 2022, were HK$2,772,000, an increase from HK$1,915,000 in the same period of 2021[13] - Administrative and other expenses for the three months ended September 30, 2022, amounted to HK$26,942,000, compared to HK$7,694,000 in the same period of 2021, indicating a significant increase[13] - Finance costs for the three months ended September 30, 2022, were HK$122,000, down from HK$644,000 in the same period of 2021[13] - Total employee benefits expenses for the six months ended September 30, 2022, amounted to HK$29,227,000, significantly higher than HK$6,037,000 in 2021[122] Assets and Liabilities - Non-current assets increased to HK$227,914,000 as of September 30, 2022, compared to HK$213,395,000 as of March 31, 2022, reflecting a growth of 6.8%[17] - Current assets rose to HK$127,952,000 as of September 30, 2022, up from HK$115,994,000 as of March 31, 2022, indicating a 10.5% increase[19] - Net current assets improved to HK$63,152,000 as of September 30, 2022, compared to HK$50,104,000 as of March 31, 2022, representing a growth of 25.0%[19] - Total equity attributable to owners of the Company was HK$232,232,000 as of September 30, 2022, an increase from HK$213,338,000 as of March 31, 2022, marking an 8.8% rise[21] - Consolidated total assets amounted to HK$325,865,000[87] - Consolidated total liabilities were reported at HK$125,485,000[87] Cash Flow - For the six months ended September 30, 2022, net cash generated from operating activities was HK$5,040,000, compared to a net cash used of HK$6,649,000 in the same period of 2021[32] - The net decrease in cash and cash equivalents for the six months ended September 30, 2022, was HK$904,000, compared to a decrease of HK$62,457,000 in the same period of 2021[34] - Cash and cash equivalents at the end of the period were HK$20,114,000, down from HK$72,944,000 at the beginning of the period[34] - The company reported a net cash outflow from the acquisition of subsidiaries amounting to HK$4,882,000[32] Business Segments - The company is primarily engaged in manufacturing and sales of OEM garment products, retailing and wholesaling of garment products, and providing loan services[37] - The OEM Business generated significant revenue, contributing to the overall performance of the Group[54] - The Retail Business, which includes sales under the Group's own brand, is a key segment for revenue generation[54] - The Money Lending Business provided loan services, contributing to the Group's diversified income streams[54] - The Financial Quotient and Investment Education Business offered courses, enhancing the Group's educational service offerings[54] - The Property Investment Business focused on generating rental income and capital appreciation in the Asia Pacific region[54] - The Group's reportable segments include OEM, Retail, Money Lending, Financial Education, and Property Investment, each contributing to overall performance[55] Share Options and Dividends - On 14 October 2022, a total of 35,844,000 share options were granted, including 11,480,000 options to directors and substantial shareholders[170] - The share option scheme allows for options to be granted up to 10% of the shares in issue at any time, requiring prior shareholder approval for any excess[164] - The board of directors does not recommend any payment of an interim dividend for the six months ended September 30, 2022, compared to HK$0.0075 per share in 2021[124] - The company plans to consider declaring a special dividend for the year ending March 31, 2023[124] Strategic Focus - The interim report indicates that the Group is focused on expanding its market presence and enhancing operational efficiency to drive future growth[12] - The Group will continue to focus on expanding the customer base by diversifying the service scope of the OEM business[193] - The Group has adopted a prudent approach in restructuring its sales network to minimize operating costs while adapting to consumer preferences[194] - The Group's OEM business remains committed to development despite recent downturns in the garment sector[193] Legal and Compliance - The interim financial statements have been prepared in accordance with Hong Kong Accounting Standard 34, indicating compliance with relevant financial reporting standards[38] - The Group recognized a provision of HK$1,735,000 related to a legal claim, reflecting a probable outflow of economic benefits[186]

Financial Performance - Revenue for the three months ended June 30, 2022, was HK$50,114,000, representing an increase of 64.3% compared to HK$30,529,000 for the same period in 2021[14]. - Profit before taxation for the period was HK$16,704,000, slightly down from HK$17,465,000 in the previous year, indicating a decrease of 4.4%[14]. - Total comprehensive income for the period was HK$14,702,000, compared to HK$14,803,000 in the same period last year, reflecting a decrease of 0.7%[14]. - Earnings per share for the period were HK$4.20 (basic) and HK$3.92 (diluted), compared to HK$4.82 (basic) and HK$4.42 (diluted) in the previous year[16]. - The comprehensive income for the three months ended June 30, 2022, was HK$226.819 million, compared to HK$177.761 million for the same period in the previous year, indicating a year-over-year increase of about 27.6%[144]. - Profit attributable to ordinary equity holders of the Company for the period was HK$15,057,000, slightly up from HK$14,807,000 in the previous year[200]. - Income tax expenses for the current period were HK$2,002,000, down from HK$2,662,000 in the previous year, reflecting a decrease of 25%[191]. Expenses and Costs - The cost of sales for the three months ended June 30, 2022, was HK$14,875,000, up from HK$4,563,000 in the same period last year, indicating a significant increase[14]. - Administrative expenses for the period were HK$1,269,000, compared to HK$149,000 in the previous year, showing a substantial rise[14]. - Total employee benefits expenses amounted to HK$11,694,000, significantly higher than HK$2,900,000 in the same period last year[195]. - Finance costs for the period were HK$23,000, a decrease from HK$969,000 in the same period last year, indicating improved financial management[14]. Assets and Liabilities - As of June 30, 2022, the company reported total assets of HK$228.395 million, an increase from HK$211.333 million as of April 1, 2022, representing a growth of approximately 8.1%[119]. - The company’s total liabilities as of June 30, 2022, were HK$102.622 million, which is an increase from HK$87.585 million as of April 1, 2022, reflecting a rise of approximately 17.1%[141]. Business Segments - The Group's reportable segments include OEM Business, Retail Business, Money Lending Business, Financial Quotient and Investment Education Business, Property Investment Business, and Private Supplementary Education Business[161]. - For the three months ended June 30, 2022, the total revenue from reportable segments was HK$49,268,000, with a profit before taxation of HK$16,704,000[171]. - The Retail Business generated revenue of HK$40,347,000, while the Money Lending Business contributed HK$787,000 to the profit[171]. - The Group reported a loss of HK$2,682,000 from the Private Supplementary Education Business for the same period[171]. - Revenue from private supplementary education services increased to HK$40,347,000, up 36% from HK$29,555,000 in the same period last year[183]. Corporate Governance and Compliance - The company has confirmed that the information in the report is accurate and complete in all material respects, ensuring transparency for investors[5]. - The report highlights the company's commitment to compliance with the GEM Listing Rules, reflecting its dedication to maintaining high standards of corporate governance[5]. Future Strategies and Market Expansion - The company is focused on expanding its market reach and enhancing its product offerings, which may include new product lines and technological advancements in the garment sector[153]. - Future strategies may include enhancing product offerings and exploring new market opportunities within the Asia Pacific region[161]. - The company’s investment holding activities include providing loan services and financial education courses, which are expected to enhance revenue streams moving forward[153]. Dividends - The Group did not declare any interim dividend for the three months ended June 30, 2022, compared to HK$0.0075 per share in 2021[197]. - The Group is considering declaring a special dividend for the year ending March 31, 2023[196]. Revenue Sources - Revenue from external customers amounted to HK$30,529,000, with no inter-segment revenue reported for the three months ended June 30, 2022[177]. - The geographical revenue from Hong Kong was HK$50,114,000, which is a 64% increase from HK$30,529,000 in the previous year[187].

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[18] - The OEM business includes product design, raw materials sourcing, manufacturing, and quality control management[18] - The Retail Business focuses on cashmere apparel and accessories marketed under the Group's own and high-end fashion brands[18] - The Money Lending Business provides financing to customers, generating interest income[18] - The Financial Quotient and Investment Education Business offers courses for tuition fees[18] - The Group's property investment segment contributes to its overall revenue[18] - The Private Supplementary Education Business provides courses for students in exchange for tuition fees[18] Financial Performance - The Group's revenue increased from approximately HK$96.5 million for the year ended 31 March 2021 to approximately HK$115.1 million for the year ended 31 March 2022, representing an increase of approximately 19.3%[45] - The Financial Quotient and Investment Education Business achieved revenue of approximately HK$97.6 million, an increase of approximately 43.2% from approximately HK$68.1 million in the last financial year[29] - The Group's profit for the year ended 31 March 2022 was approximately HK$26.0 million, a decrease from approximately HK$40.4 million for the year ended 31 March 2021[55] - Selling and administrative expenses for the year ended 31 March 2022 were approximately HK$50.6 million, representing an increase of approximately HK$21.4 million from HK$29.2 million in the previous year[51] - The Group's cash position decreased by approximately 71.2%, with unpledged bank balances and cash amounting to approximately HK$21.0 million as at 31 March 2022, down from HK$72.9 million in the previous year[55] - The Group's total borrowings as at 31 March 2022 were HK$5.0 million, a significant decrease from HK$68.6 million as at 31 March 2021, resulting in a gearing ratio of approximately 2.4%[55] Business Strategies and Future Plans - The Group is committed to expanding its market presence and enhancing product offerings[18] - Future strategies include potential market expansion and new product development initiatives[18] - The Group plans to expand its customer base in the OEM Business by diversifying its service offerings[35] - The Group will continue to seek opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asian-Pacific region[29] - The Group estimates that the Private Supplemental Education Business will become profitable in the next financial year[34] - The Group has adopted a prudent approach in restructuring its sales network to minimize operating costs while adapting to the shift towards online shopping[23] Market and Consumer Behavior - The Group will continue to monitor consumer behavior closely and implement timely strategies in response to the adverse impacts of the COVID-19 outbreak on the Retail Business[36] - The Group's management remains optimistic about the long-term prospects of the Retail Business despite current uncertainties[36] Corporate Governance and Management - The company emphasizes the importance of corporate governance through its independent board members, ensuring compliance and accountability[102][111] - The management team is committed to enhancing operational efficiency and strategic growth through experienced leadership[95][97] - The company is expanding its management team with experienced professionals from various sectors, enhancing its strategic capabilities[96][101] - The independent non-executive directors bring extensive experience in media, public affairs, and corporate governance, contributing to the company's strategic oversight[100][104] Investments and Acquisitions - On 31 March 2022, the company agreed to acquire 100% equity interest of Brilliant Ever Global Limited for HK$40 million, to be settled by HK$33 million in promissory notes and HK$6 million in cash[62] - The group commenced a new business of private supplementary education services, generating tuition income of approximately HK$14.0 million for the year ended 31 March 2022[45] - There were no significant investments or material acquisitions during the year ended 31 March 2022, aside from the disclosed transactions[62] Environmental Responsibility - The Group is committed to long-term sustainability and implements environmentally responsible practices, including energy saving and waste reduction measures[130] - The Group encourages the use of recycled materials and practices such as double-sided printing to reduce environmental impact[130] - The Group's commitment to compliance with environmental laws and regulations is emphasized in its operational practices[130] Shareholder Information - An interim dividend of HK$0.0075 per share was declared for the three months ended 30 June 2021, compared to HK$0.0066 per share in the previous year[121] - The Board does not recommend the payment of a final dividend for the year ended 31 March 2022, which was HK$0.0072 per share in 2021[124] - There were no arrangements for any shareholder to waive or agree to waive any dividend during the year ended 31 March 2022[125] Employee and Director Information - The group had approximately 90 employees as of 31 March 2022, an increase from 60 employees in the previous year[62] - The remuneration packages for the Group's staff are subject to regular review to ensure competitiveness[168] - The remuneration of Directors and senior management for the year ended 31 March 2022 included 8 individuals earning below HK$1,000,000[161] - The Company has arranged appropriate directors' and officers' liability insurance coverage for its directors and officers[141] Compliance and Legal Matters - The Company was ordered to be wound up on November 1, 2021, by the High Court of Hong Kong[66] - The Court did not make a winding-up order after the hearing on November 1, 2021, allowing Mr. Lui to oppose the petition[73] - The winding-up petition was scheduled for dismissal on December 13, 2021, with the hearing vacated[75] - Trading in the Company's shares was suspended from 9:00 a.m. on October 19, 2021[77] - The Company received initial resumption guidance from the Stock Exchange, including the withdrawal of the winding-up petition and demonstrating management integrity[77] - An additional resumption guidance was issued on June 14, 2022, requiring an independent internal control review[78] - The Company is actively working to fulfill the resumption guidance while continuing its business operations[79] Related Party Transactions - There were no significant related party transactions during the year ended March 31, 2022, aside from key management personnel compensation[198] - The report indicates no significant contracts involving directors or their connected entities as of March 31, 2022[170] - There were no competing business interests reported by the directors as of March 31, 2022[170]