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毅高国际控股(08218)发布年度业绩 亏损428.8万港元 同比收窄54.59% 8月25日复牌
智通财经网· 2025-08-22 11:27
公司已向联交所申请,要求公司股份自2025年8月25日(星期一)上午九时正起恢复于联交所买卖。 智通财经APP讯,毅高国际控股(08218)发布截至2025年3月31日止年度全年业绩,收入6196.9万港元, 同比减少5.36%;年内亏损428.8万港元,同比收窄54.59%;每股基本亏损0.64港仙。 ...
毅高国际控股(08218) - 股份发行人的证券变动月报表
2025-08-01 06:52
股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 FF301 II. 已發行股份及/或庫存股份變動 致:香港交易及結算所有限公司 公司名稱: 毅高(國際)控股集團有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08218 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.05 HKD | | | 50,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.05 HKD ...
毅高国际控股(08218) - 股份发行人的证券变动月报表
2025-08-01 03:08
截至月份: 2025年6月30日 狀態: 新提交 致:香港交易及結算所有限公司 公司名稱: 毅高(國際)控股集團有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08218 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000 | HKD | | 0.05 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,000,000,000 | HKD | | 0.05 | HKD | | 50,000,000 | 本月底法定/ ...
毅高国际控股(08218.HK)延迟刊发2025年年度业绩 继续停牌
Ge Long Hui· 2025-07-31 14:25
格隆汇7月31日丨毅高国际控股(08218.HK)公告,进一步延迟刊发2025年年度业绩。董事会宣布,由于 延迟刊发2025年年度业绩,原拟召开以(其中包括)审议及批准2025年年度业绩董事会会议将会延期至 2025年8月22日举行。继续停牌。 ...
毅高国际控股(08218) - 内幕消息进一步延迟刊发二零二五年年度业绩;延迟刊发二零二五年年度报告...
2025-07-31 14:04
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 之 內 容 概 不 負 責,對其準確性或完整性亦不發表任何聲明,並明確表示概不會就本公佈全部或 任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Echo International Holdings Group Limited 毅 高( 國 際 )控 股 集 團 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8218) 內幕消息 進一步延遲刊發二零二五年年度業績; 延遲刊發二零二五年年度報告; 董事會會議延期; 及繼續暫停買賣 本公佈乃由毅高( 國際 )控股集團有限公司(「本公司」,連同其附屬公司統稱「本集 團」)根 據 香 港 聯 合 交易 所 有 限 公 司(「聯 交 所」)GEM 證 券 上 市 規 則(「GEM 上 市 規 則 」)第 17.10 條 及 香 港 法 例 第 571 章 證 券 及 期 貨 條 例 第 XIVA 部 項 下 內 幕 消 息 條 文 ( 定義見GEM上市規則 )而作出。 茲提述本公司日期為二零二五年六月二十七日、二零二五年六月三 ...
毅高国际控股(08218) - 2025 - 中期财报
2024-11-28 09:41
Financial Performance - The company reported unaudited revenue of approximately HKD 37.72 million for the six months ended September 30, 2024, representing an increase of about 19.55% compared to the same period last year[4]. - The unaudited profit attributable to the company's owners for the same period was approximately HKD 1.73 million, up from HKD 0.65 million in 2023[4]. - Basic and diluted earnings per share for the six months ended September 30, 2024, were approximately HKD 0.26, compared to HKD 0.10 in 2023[4]. - Gross profit for the period was HKD 9.55 million, compared to HKD 8.20 million in the previous year[7]. - The total comprehensive income for the period was HKD 0.76 million, compared to a loss of HKD 0.16 million in the previous year[10]. - The group reported a total comprehensive income of HKD 2,399,000 for the period, compared to a loss of HKD 163,000 in the same period last year[24]. - The company reported a pre-tax profit of HKD 1,728 million for the six months ended September 30, 2024, compared to HKD 145 million in the same period last year[60]. - The profit attributable to the company's owners for the six months ended September 30, 2024, was approximately HKD 1.73 million, compared to a loss of HKD 0.65 million for the same period in 2023[88]. Revenue Breakdown - Total revenue for the six months ended September 30, 2024, was HKD 37,721,000, an increase from HKD 31,552,000 in the same period last year, representing a growth of approximately 19.5%[35]. - Revenue from electronic products sales reached HKD 27,218,000, up from HKD 15,573,000, indicating a significant increase of about 74.5%[35]. - Revenue from restaurant operations was HKD 10,503,000, a decrease from HKD 15,979,000, reflecting a decline of approximately 34.3%[35]. - Revenue from the electronic products segment was approximately HKD 27.22 million, an increase of about 74.78% compared to the same period last year, primarily driven by increased sales of fishing indicators[83]. - Revenue from the catering services segment was approximately HKD 10.50 million, a decrease of about 34.27% compared to approximately HKD 15.98 million in the same period last year, attributed to the impact of outbound tourism and overall market conditions in Hong Kong[84]. Cash Flow and Assets - Operating cash flow for the six months was HKD 3,119,000, compared to a cash outflow of HKD 3,949,000 in the previous year[24]. - The net cash and cash equivalents at the end of the period were HKD 3,440,000, slightly down from HKD 3,615,000 at the end of the previous year[24]. - The company's total assets less current liabilities amounted to HKD 55.02 million as of September 30, 2024[16]. - The company's cash and bank balances stood at HKD 3.44 million as of September 30, 2024[16]. - The group's total assets as of September 30, 2024, were HKD 53,731,000, an increase from HKD 52,975,000 at the end of the previous period[24]. - The cash and bank balance decreased from approximately HKD 3.86 million as of March 31, 2024, to HKD 3.44 million as of September 30, 2024[88]. - The net current assets as of September 30, 2024, were approximately HKD 20.62 million, down from HKD 22.20 million as of March 31, 2024[90]. Dividends and Shareholder Information - The board of directors did not recommend the payment of an interim dividend for the six months ended September 30, 2024, consistent with the previous year[4]. - The company did not recommend any interim dividend for the six months ended September 30, 2024, consistent with the previous year[56]. - Lissington Limited holds 155,019,960 shares, representing 24.92% of the company's issued share capital[102]. - Guo Xiao Rui owns 128,824,574 shares, accounting for 19.87% of the total issued shares[102]. - Siu Hiu Ki Jamie possesses 103,581,986 shares, which is 16.08% of the company's issued capital[102]. - Bluemount Investment Fund SPC holds 61,009,150 shares, representing 9.15% of the company's issued share capital[102]. - Siu Wa Kei has a total of 61,867,849 shares, accounting for 9.43% of the total issued shares[102]. Strategic Plans and Future Outlook - The group plans to continue expanding its electronic product offerings and enhancing its restaurant services to drive future growth[28]. - The company is committed to maintaining its operational efficiency and exploring strategic partnerships to enhance market presence[28]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[48]. - The company will continue to focus on its core business of selling electronic products while exploring new business opportunities to broaden revenue sources[83]. Operational Efficiency and Expenses - The overall gross profit margin decreased from approximately 25.98% for the six months ended September 30, 2023, to about 25.32% for the same period in 2024, primarily due to a reduction in high-margin dishes in the catering business[85]. - The group's administrative and other expenses increased by approximately 22.81% to HKD 9.78 million for the six months ended September 30, 2024, compared to HKD 7.97 million for the same period in 2023[85]. - The total employee cost for the six-month period, including directors' remuneration, was approximately HKD 11.96 million, compared to HKD 12.30 million in the previous year[96]. Compliance and Governance - The company has adopted GEM Listing Rules regarding the standard of conduct for directors' securities transactions, with no known violations during the reporting period[107]. - The company has complied with corporate governance standards as per GEM Listing Rules during the six months ending September 30, 2024[108]. - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated results for the six months ending September 30, 2024[113]. - The company has no significant contracts with directors that could impact its business as of September 30, 2024[111]. Liabilities and Financial Position - The group reported no significant contingent liabilities as of September 30, 2024[92]. - There were no significant investments, acquisitions, or disposals of subsidiaries or joint ventures during the six-month period[90].
毅高国际控股(08218) - 2025 - 中期业绩
2024-11-26 09:48
Financial Performance - For the six months ended September 30, 2024, the company recorded unaudited revenue of approximately HKD 37.72 million, an increase of about 19.55% compared to the same period last year[4]. - The company's unaudited profit attributable to owners for the six months ended September 30, 2024, was approximately HKD 1.73 million, compared to HKD 0.65 million for the same period in 2023[4]. - Basic and diluted earnings per share for the six months ended September 30, 2024, were approximately HKD 0.26, up from HKD 0.10 in the same period last year[4]. - The gross profit for the six months ended September 30, 2024, was HKD 9.55 million, compared to HKD 8.20 million for the same period in 2023[6]. - The total comprehensive income for the period was HKD 756,000, compared to a loss of HKD 163,000 in the same period last year[6]. - The group reported a segment profit of HKD 2,399,000 for the six months ended September 30, 2024, compared to HKD 2,143,000 in 2023, showing an increase of 11.9%[29]. - The company reported a profit attributable to shareholders of approximately HKD 1.73 million, compared to a loss of approximately HKD 0.65 million in the same period last year[93]. Revenue Breakdown - Revenue from electronic products reached HKD 27,218,000 for the six months ended September 30, 2024, compared to HKD 15,573,000 for the same period in 2023, representing a growth of 74.5%[25]. - Revenue from restaurant operations was HKD 10,503,000 for the six months ended September 30, 2024, down from HKD 15,979,000 in 2023, indicating a decline of 34.2%[25]. - Total revenue for the group was HKD 37,721,000 for the six months ended September 30, 2024, compared to HKD 31,552,000 in 2023, reflecting an increase of 19.5%[25]. - Revenue from the electronic products segment for the six-month period was approximately HKD 27.22 million, an increase of about 74.78% compared to the same period last year[88]. - Revenue from the catering services segment was approximately HKD 10.50 million, a decrease of about 34.27% compared to approximately HKD 15.98 million in the same period last year[90]. Assets and Liabilities - The company's non-current assets as of September 30, 2024, amounted to HKD 34.40 million, slightly up from HKD 34.09 million as of March 31, 2024[8]. - Current assets totaled HKD 38.71 million as of September 30, 2024, down from HKD 39.82 million as of March 31, 2024[8]. - Current liabilities were HKD 18.09 million, compared to HKD 17.63 million in the previous period[9]. - The company's total assets increased to HKD 53,731 million as of September 30, 2024, compared to HKD 52,975 million as of March 31, 2024, reflecting a growth of approximately 1.4%[12]. - The company’s total liabilities decreased to HKD 888 million as of September 30, 2024, from HKD 2,910 million as of March 31, 2024, representing a significant reduction of approximately 69.5%[12]. Cash Flow - The net cash from operating activities for the six months ended September 30, 2024, was HKD 3,119 million, while for the same period in 2023, it was a net cash outflow of HKD 3,949 million[17]. - The company experienced a net cash outflow from financing activities of HKD 840 million for the six months ended September 30, 2024, contrasting with a net cash inflow of HKD 5,059 million for the same period in 2023[17]. - Cash and bank balances decreased from approximately HKD 3.86 million to HKD 3.44 million during the six-month period[95]. Shareholder Information - Major shareholders include Lissington Limited and Zheng Ze Li, each holding approximately 24.92% of the company's issued share capital, totaling 155,019,960 shares[110]. - Siu Hiu Ki Jamie holds approximately 16.08% of the company's issued share capital, with 103,581,986 shares[110]. - The total number of shares held by major shareholders includes 128,824,574 shares held by Zhou Qi Lin, representing approximately 19.87% of the issued share capital[110]. - The total number of shares held by Bluemount Investment is 61,009,150, representing approximately 9.15% of the issued share capital[110]. Corporate Governance - The company has adhered to the corporate governance code as of September 30, 2024, ensuring high-quality board practices and transparency to shareholders[115]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated results for the six months ended September 30, 2024, confirming compliance with applicable accounting standards and regulations[119].
毅高国际控股(08218) - 2024 - 年度财报
2024-06-27 09:45
Financial Performance - For the fiscal year ending March 31, 2024, the group's revenue was approximately HKD 65.48 million, an increase of about 18.44% compared to HKD 55.29 million for the previous year[7]. - The group recorded a net loss of approximately HKD 9.44 million for the fiscal year ending March 31, 2024, a decrease of about 34.71% from a net loss of HKD 14.46 million in the previous year[7]. - The gross profit margin slightly decreased from approximately 24.03% last year to about 23.35% for the fiscal year ending March 31, 2024[7]. - Revenue from the electronic products and accessories segment was approximately HKD 35.20 million, representing an increase of about 32.91% year-over-year, primarily driven by increased sales of fishing indicators and buzzers[13]. - The restaurant services segment generated revenue of approximately HKD 30.28 million, an increase of about 5.13%, attributed to the easing of COVID-19 restrictions and improved market conditions in Hong Kong[14]. - The five largest customers accounted for approximately HKD 29.41 million in revenue, an increase of about 39.93% from HKD 21.01 million in the previous year[17]. - The overall gross profit margin slightly decreased from approximately 24.03% to 23.35%, mainly due to a reduction in sales of higher-margin products[17]. - Selling and distribution expenses were approximately HKD 1.43 million, a decrease of about 11.30% from HKD 1.61 million in the previous year[17]. Business Strategy and Operations - The company is focusing on low-risk, higher-margin businesses with relatively low inventory levels, particularly in the food and beverage sector[8]. - The company has developed and operates two e-commerce platforms, offering a variety of products including watches, jewelry, health products, skincare, food, and beverages[6]. - The group aims to maintain its market leadership through focus, innovation, and expansion strategies[8]. - The company plans to invest more resources into management to improve operational efficiency in the coming years[8]. - The company plans to launch two to three new products in 2024, including lighting security system controllers and power management boards, to enhance market share and customer base[19]. - The company aims to expand its EMS business to international clients, particularly in the Chinese market, which is seen as having significant potential[18]. Corporate Governance - The company has maintained compliance with the GEM Listing Rules regarding the appointment of independent non-executive directors, ensuring that at least one director possesses appropriate professional qualifications or expertise in accounting or related financial management[54]. - The board consists of a mix of executive and independent non-executive directors, with a total of three independent non-executive directors, fulfilling the requirement of having at least one-third of the board as independent members[53]. - The company has a strong commitment to corporate governance, aiming to enhance shareholder value through effective management and a sound corporate culture[50]. - The company has adhered to the corporate governance code throughout the fiscal year ending March 31, 2024, demonstrating its commitment to high standards of governance[51]. - The company has established a clear division of roles between the Chairman and the CEO, held by Mr. Lau and Ms. Cheng respectively[61]. - The board is responsible for ensuring compliance with legal and regulatory requirements and has reviewed the company's adherence to governance codes[83]. Environmental Sustainability - The group is committed to environmental sustainability, implementing policies to reduce its environmental impact[116]. - The group has established a comprehensive environmental management system to comply with regulations and improve environmental performance[181]. - The group aims to reduce greenhouse gas emissions by adopting energy-efficient equipment, which indirectly decreases emissions from electricity consumption[186]. - The group has implemented measures to minimize wastewater generation and adheres to environmental regulations for wastewater discharge[199]. - The group follows a 5R waste management strategy to achieve "zero" waste emissions, focusing on refuse, reduce, reuse, repair, and recycle[196]. - The group has introduced electronic business cards to minimize unnecessary printing waste[191]. Shareholder Communication and Compliance - The group has established various channels for communication with shareholders and investors, ensuring timely updates on financial reports and announcements[107]. - The company confirms compliance with the GEM Listing Rules regarding the disclosure of related party transactions[158]. - The group has not reported any significant violations of environmental laws during the reporting period[182]. - The financial statements for the year were audited by a certified public accountant firm, with a resolution to reappoint them at the upcoming annual general meeting[163]. Management and Internal Controls - The company has established a clear management structure and cash management system to mitigate operational risks[84]. - The company has implemented strategies to reduce raw material costs and maintain good relationships with suppliers, which is crucial for its procurement operations[48]. - The company has a dedicated team for product development, quality control, and supply chain management, enhancing its operational capabilities[47]. - The company has established a framework for effective internal controls and accounting functions, which is essential for its overall governance[46]. - The board will regularly review the nomination policy to ensure it meets the company's needs and complies with regulatory requirements[79].
毅高国际控股(08218) - 2024 - 年度业绩
2024-06-24 14:52
Revenue Performance - Revenue for the year ended March 31, 2024, was approximately HKD 65.48 million, an increase of about 18.44% compared to HKD 55.29 million in the previous year[4] - Revenue from electronic products and accessories for the year 2024 was HKD 35,203,000, compared to HKD 26,487,000 in 2023, representing a growth of 32.5%[18] - Revenue from restaurant operations for the year 2024 was HKD 30,275,000, up from HKD 28,798,000 in 2023, indicating an increase of 5.2%[18] - Total revenue from customer contracts reached HKD 65,478,000 in 2024, compared to HKD 55,285,000 in 2023, reflecting a growth of 18.5%[18] - Revenue from major products and services increased from HKD 55,285,000 in 2023 to HKD 65,478,000 in 2024[33] - Revenue from Hong Kong customers was HKD 33,897,000 for the fiscal year ending March 31, 2024, compared to HKD 30,511,000 in 2023[34] Profit and Loss - The company reported a loss attributable to shareholders of approximately HKD 9.44 million, compared to a loss of about HKD 14.46 million in the previous year[4] - Basic and diluted loss per share for the year was approximately HKD 1.46, compared to HKD 3.57 in the previous year[4] - The company reported a comprehensive loss of HKD 10,903,000 for the year, compared to a loss of HKD 14,464,000 in the previous year, indicating an improvement of about 24%[7] - The total loss before tax for the year 2024 was HKD 9,358,000, compared to a loss of HKD 14,968,000 in 2023, showing an improvement of 37.5%[24][26] - The pre-tax loss for 2024 was reported at HKD 22,570,000, a decrease from HKD 23,738,000 in 2023, indicating a reduction in losses[41] Assets and Liabilities - As of March 31, 2024, total assets decreased slightly to HKD 56,285,000 from HKD 56,444,000 in the previous year, reflecting a decrease of approximately 0.28%[6] - The company's net current assets amounted to HKD 22,197,000, down from HKD 28,454,000, indicating a decline of about 22%[6] - The total assets of the group as of March 31, 2024, amounted to HKD 73,911,000, compared to HKD 67,907,000 as of March 31, 2023[27][28] - The total liabilities of the group as of March 31, 2024, were HKD 20,936,000, a decrease from HKD 15,626,000 in 2023[27][28] - Trade payables for the year 2024 were HKD 5,052,000, compared to HKD 1,744,000 for 2023, showing an increase in liabilities[52] Equity and Capital - The total equity increased to HKD 52,975,000 from HKD 52,281,000, representing a growth of approximately 1.33%[7] - The company’s share capital increased to HKD 33,321,000 from HKD 29,743,000, reflecting an increase of approximately 11%[7] - The company's total issued and paid-up capital as of April 1, 2023, was HKD 29,743,000, with a total of 594,860,000 shares[54] Operational Efficiency and Strategy - The company plans to expand its market presence and invest in new product development to drive future growth[9] - The company has engaged in strategic initiatives to enhance operational efficiency and reduce costs[9] - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[9] - The company plans to expand its EMS business to international customers, particularly targeting the Chinese market for consumer electronic products, recognizing its significant potential[64] - The company aims to increase its market share through enhanced marketing activities and the design and development of new electronic products to attract new customers[57] - The group plans to launch two to three new lighting security system controllers, power management boards, and related products in 2024[65] Financial Management - The group has maintained a strong financial position with prudent financial management policies[67] - The company has not recognized any taxable profits for the two years due to its registration in the Cayman Islands and the British Virgin Islands[44] - The tax rate for qualifying group entities in Hong Kong is 8.25% on the first HKD 2,000,000 of profits and 16.5% on profits exceeding that amount[45] Employee Costs - Total employee costs for 2024 were HKD 23,955,000, compared to HKD 25,046,000 in 2023, reflecting a decrease of approximately 4.4%[42] - Total employee costs, including director remuneration, are approximately HKD 25.05 million for the year ending March 31, 2024, up from HKD 23.96 million in 2023[77] Compliance and Governance - The board of directors includes Mr. Lau Hin Yi, Ms. Cheng Yeung Hung, Mr. Tansri Saridju Benui, and Ms. Chan Wan Shan[84] - The announcement complies with GEM listing rules and confirms the accuracy and completeness of the information provided[85] - The publication will be available on the Hong Kong Stock Exchange website and the company's website[86]
毅高国际控股(08218) - 2024 - 中期财报
2023-11-14 08:45
Financial Performance - For the six months ended September 30, 2023, the company recorded unaudited revenue of approximately HKD 31.55 million, an increase of about 9.01% compared to the same period last year[2]. - The company reported an unaudited profit attributable to owners of approximately HKD 0.65 million for the six months ended September 30, 2023, compared to an unaudited loss of HKD 8.66 million in the same period last year[2]. - Basic and diluted earnings per share for the six months ended September 30, 2023, were approximately HKD 0.10 cents, a significant improvement from a loss of HKD 3.32 cents per share in the previous year[2]. - Total revenue for the six months ended September 30, 2023, was HKD 31,552,000, an increase of 9% compared to HKD 28,944,000 for the same period in 2022[20]. - The total comprehensive loss for the six months ended September 30, 2023, was HKD 163,000, compared to a loss of HKD 8,138,000 in the same period of 2022[11]. - The group reported a net profit attributable to owners of HKD 645,000 for the six months ended September 30, 2023, a significant improvement from a loss of HKD 8,655,000 in the same period of 2022[35]. Revenue Breakdown - Revenue from electronic products sales decreased to HKD 15,573,000, down 4% from HKD 16,218,000 in the previous year[20]. - Revenue from restaurant operations increased significantly to HKD 15,979,000, up 25% from HKD 12,726,000 in the prior year[20]. - Revenue from Hong Kong increased to HKD 17,744,000 in 2023 from HKD 13,491,000 in 2022, representing a growth of 31.7%[27]. - Sales of electronic products for the six-month period were approximately HKD 15.57 million, a decrease of about 3.98% compared to the previous year, primarily due to a reduction in sales of fishing indicators[52]. - Revenue from the food and beverage segment for the six-month period was approximately HKD 15.98 million, an increase of about 25.56% compared to approximately HKD 12.73 million in the same period last year, attributed to improvements in the overall market conditions[54]. Expenses and Costs - The gross profit for the six months ended September 30, 2023, was HKD 8.196 million, compared to HKD 4.034 million for the same period in 2022, reflecting a substantial increase[4]. - The company reported a decrease in selling and distribution expenses to HKD 726 thousand for the six months ended September 30, 2023, compared to HKD 651 thousand in the previous year[4]. - The company’s financial costs decreased significantly to HKD 279 thousand for the six months ended September 30, 2023, from HKD 1.95 million in the same period last year[4]. - The cost of sold inventory for the six months ended September 30, 2023, was HKD 13,007,000, down from HKD 24,824,000 in the same period of 2022[29]. - Administrative and other expenses decreased by approximately 37.01% to about HKD 7.97 million for the six months ended September 30, 2023, compared to approximately HKD 12.65 million for the same period in 2022[56]. Assets and Liabilities - The company's total assets less current liabilities as of September 30, 2023, amounted to HKD 62.903 million, an increase from HKD 56.444 million as of March 31, 2023[8]. - The net asset value of the company as of September 30, 2023, was HKD 59.929 million, up from HKD 52.281 million as of March 31, 2023[9]. - The company’s inventory as of September 30, 2023, was HKD 21.578 million, an increase from HKD 20.830 million as of March 31, 2023[8]. - Trade receivables as of September 30, 2023, totaled HKD 1,701,000, with HKD 1,545,000 (approximately 91%) aged 0 to 30 days[10]. - Trade payables as of September 30, 2023, totaled HKD 2,251,000, with HKD 1,583,000 (approximately 70%) aged within 30 days[39]. Cash Flow - The group experienced a net cash outflow from operating activities of HKD 3,949,000, a decline from a net inflow of HKD 1,533,000 in the same period last year[13]. - The group reported a net cash inflow from financing activities of HKD 5,059,000, compared to HKD 2,043,000 in the previous year[13]. - The group’s cash and cash equivalents at the end of the period were HKD 3,615,000, down from HKD 5,744,000 at the end of the previous year[13]. - Cash and bank balances increased from approximately HKD 2.96 million as of March 31, 2023, to approximately HKD 3.62 million as of September 30, 2023[58]. Corporate Governance - The company has adopted the GEM Listing Rules regarding the standards for directors' securities transactions, with no known violations reported for the six months ended September 30, 2023[86]. - The company has complied with the corporate governance code as per GEM listing rules for the six months ending September 30, 2023[87]. - An audit committee has been established to review and supervise the group's financial reporting procedures and internal controls[90]. - The audit committee consists of three independent non-executive directors, ensuring compliance with applicable accounting standards and GEM listing rules[90]. Shareholder Information - As of September 30, 2023, major shareholders include Zhou Qilin with 132,433,678 shares (19.87%), Siu Hiu Ki Jamie with 107,169,841 shares (16.08%), and Lissington Limited with 105,047,518 shares (15.76%)[81]. - The company did not purchase, sell, or redeem any of its listed securities during the six months ended September 30, 2023[85]. - The company has two stock option plans, including the Pre-IPO Stock Option Plan adopted on September 27, 2013, granting options to purchase a total of 4,000,000 shares at an exercise price of HKD 3.00[74]. - As of September 30, 2023, a total of 2,280,000 options have not been exercised under the Pre-IPO Stock Option Plan, representing approximately 0.34% of the company's issued share capital[74]. - No stock options were granted, exercised, or expired under the Stock Option Plan for the six months ended September 30, 2023[75].